NOT LISTED FOR SALE

186 Elm Rd Princeton, NJ 08540

Estimated Value: $1,421,000 - $2,533,827

5 Beds
6 Baths
-- Sq Ft
0.46 Acres

Last Sold July 26, 2024

Last sale price $2,425,000

Est. 18% decrease in value since last sale

Current estimated payment $11,501/month

333 Days on Market

Highlights

  • New Construction
  • Eat-In Gourmet Kitchen
  • Transitional Architecture
  • Johnson Park School Rated A+
  • Open Floorplan
  • Wood Flooring

About This Home

As of July 2024

An exquisite new home is set to rise at the prominent junction of Elm Road and Rosedale Road in Princeton's prestigious Western Section. This remarkable property boasts five spacious bedrooms, six lavish bathrooms, a finished basement, and a finished walk-up attic. Its perimeter will be surrounded by a privacy fence and complemented with lush landscaping, offering a peaceful setting for outdoor events. Optionally, an accessory dwelling can be added, ideal for extended family living, an au pair, or a potential rental space. With completion set for 2024, this offers a unique chance to secure a brand-new residence in one of Princeton's sought-after locales. Experience sophisticated living in a property designed to epitomize the pinnacle of luxury.

Last Agent to Sell the Property

Jennifer Dionne

(908) 531-6230 jdionne@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #1223280 Listed on: 05/11/2023

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Ira Lackey Jr

(609) 203-2099 iralackey10@gmail.com Callaway Henderson Sotheby's Int'l-Princeton License #SP-9231148

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,413

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 135.00 x 150.00
  • East Facing Home
  • Privacy Fence
  • Corner Lot
  • Property is in excellent condition
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stone Siding
  • HardiePlank Type
  • Masonry

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Gas Fireplace
  • Formal Dining Room
  • Laundry on upper level
  • Attic
  • Finished Basement

Kitchen

  • Eat-In Gourmet Kitchen
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet

Outdoor Features

  • Patio
  • Porch

Schools

  • Johnson Park Elementary School
  • Princeton Middle School
  • Princeton High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Built by SJM Builders, LLC

Listing and Financial Details

  • Tax Lot 00028
  • Assessor Parcel Number 14-00001 01-00028

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,413

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Transitional
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Year Built: 2023
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Attic, Dining Area, Entry Level Bedroom, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Pantry, Primary Bath(s), Walk-In Closet(s), Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Upper Floor
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 6
  • Full Bathrooms: 6
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 4
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Hardiplank Type, Masonry, Stone
  • Construction Completed: No
  • Roof: Shingle, Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: JOHNSON PARK
  • High School: PRINCETON H.S.
  • Middle Or Junior School: PRINCETON

Lot Info

  • Fencing: Privacy
  • Lot Size Acres: 0.46
  • Lot Dimensions: 135.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20251.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Excellent
  • Zoning: R1

Building Info

  • Builder Name: SJM Builders, LLC

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 11413.00
  • Assessor Parcel Number: 14-00001 01-00028
  • Tax Lot: 00028
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Jul 25, 2024
Sold by
Sjm Builders Llc and Moss Steven
Bought by
Kelly William S and Daruvuri Bhavana
Seller's Agent
Jennifer Dionne
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Ira Lackey Jr
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$2,599,000
Sold Price
$2,425,000
Premium/Discount to List
-$174,000
-6.69%
Views
534
Current Estimated Value
$1,986,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$438,043
Avg. Annual Appreciation
-13.91%
Original Mortgage
$989,000
Outstanding Balance
$976,913
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$1,010,044

Purchase Details

Listed on
May 10, 2022
Closed on
Sep 15, 2022
Sold by
Good New Ventures Llc
Bought by
Roycefield Real Estate Llc
Seller's Agent
James Harrison
DLP Realty Residential & Commercial Real Estate
Buyer's Agent
Don Wenner
DLP Realty Residential & Commercial Real Estate
List Price
$1,250,000
Sold Price
$999,999
Premium/Discount to List
-$250,001
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.70%

Purchase Details

Closed on
Nov 19, 2021
Sold by
Sheriff Of Mercer County
Bought by
Aastha Real Estate Investments Llc

Purchase Details

Listed on
Dec 15, 2017
Closed on
Apr 12, 2018
Sold by
Linky Donald
Bought by
Aastha Real Estate Investments Llc
Seller's Agent
Santina Beslity
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Puneet Sinha
Weichert Realtors - Princeton
List Price
$779,000
Sold Price
$710,000
Premium/Discount to List
-$69,000
-8.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.46%
Original Mortgage
$773,500
Interest Rate
4.46%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kelly William S $2,425,000 None Listed On Document
Kelly William S $2,425,000 None Listed On Document
Sjm Builders Llc -- None Listed On Document
Sjm Builders Llc -- None Listed On Document
Roycefield Real Estate Llc $999,999 Chicago Title
Roycefield Real Estate Llc $999,999 Chicago Title
Aastha Real Estate Investments Llc $978,775 None Listed On Document
Aastha Real Estate Investments Llc $710,000 Mid Abstract Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly William S $989,000
Closed Kelly William S $989,000
Previous Owner Aastha Real Estate Investments Llc $773,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2024 07/26/24 Sold $2,425,000 -6.7% --
04/08/2024 04/08/24 Pending -- -- --
05/11/2023 05/11/23 For Sale $2,599,000 +159.9% --
09/30/2022 09/30/22 Sold $999,999 -9.1% $390 / Sq Ft View Prior Sale
08/18/2022 08/18/22 Pending -- -- --
06/30/2022 06/30/22 Price Changed $1,100,000 -4.3% $429 / Sq Ft
06/14/2022 06/14/22 Price Changed $1,150,000 -8.0% $449 / Sq Ft
05/10/2022 05/10/22 For Sale $1,250,000 +76.1% $488 / Sq Ft
04/12/2018 04/12/18 Sold $710,000 -8.9% $277 / Sq Ft View Prior Sale
02/02/2018 02/02/18 Pending -- -- --
12/15/2017 12/15/17 For Sale $779,000 -- $304 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,090 $1,616,600 $454,000 $1,162,600
2024 $11,414 $454,000 $454,000 $0
2023 $11,414 $454,000 $454,000 $0
2022 $15,789 $649,200 $454,000 $195,200
2021 $15,834 $649,200 $454,000 $195,200
2020 $15,711 $649,200 $454,000 $195,200
2019 $15,399 $649,200 $454,000 $195,200
2018 $15,139 $649,200 $454,000 $195,200
2017 $14,932 $649,200 $454,000 $195,200
2016 $14,698 $649,200 $454,000 $195,200
2015 $14,360 $649,200 $454,000 $195,200
2014 $14,185 $649,200 $454,000 $195,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2029732

Bright MLS

APN: 14-00001-01-00028