$835,000 - $957,351
RENTED APR 29, 2025

196 State Rd Princeton, NJ 08540

4 Beds
2.5 Baths
1,801 Sq Ft
$505 Price per Sq Ft

Last Sold December 17, 2021

Last sale price $695,000 $386 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $6,027/month

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 2 Car Attached Garage
  • Community Park Elementary School Rated A+
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of April 2025

Looking for a lovely, spacious home close to the downtown Princeton? Here is the perfect opportunity. This 4-bedroom, 2.5 full bath colonial is located less than 2 miles from downtown Princeton, and just blocks away from the middle and high schools, Princeton shopping center, and restaurants. Upon entry, you will find a living room with a gas fireplace. Real wood floors are in excellent condition throughout, which is just one sign that this place has been lovingly cared for. The openness of the dining room allows for extra guests at the table, but breakfasts will likely be enjoyed in the bay of the bright, white kitchen, which offers gas cooking and granite countertops. All 4 bedrooms are nicely sized and equipped with efficient ceiling fans. They will be professionally cleaned and shampooed. The main suite has a private, up-to-date bath and a roomy closet with access to the walk-up attic. There is also a fully finished basement with plenty of storage space. Take advantage of the beautiful outdoor spaces this home offers: breezeway, deck, and enjoy complete privacy in a central location. Tenants responsible to mower the grass every month.

Last Agent to Rent the Property

Wenzhen Cai

Realmart Realty, LLC Listed on: 04/17/2025

Last Renter's Agent

Josh Wilton

Queenston Realty, LLC License #AB068719

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,557

Year Built

  • Built in 1948

Lot Details

  • 0.39 Acre Lot
  • Property is in excellent condition
  • Property is zoned R6

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,801 Sq Ft Home
  • Property has 3 Levels
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

Schools

  • Community Park Elementary School
  • J Witherspoon Middle School
  • Princeton High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Residential Lease
  • Security Deposit $5,600
  • Tenant pays for gas, heat, water, hot water, sewer, lawn/tree/shrub care, electricity
  • The owner pays for real estate taxes
  • 12-Month Min and 36-Month Max Lease Term
  • Available 5/1/25
  • Assessor Parcel Number 14-05402-00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,557

Year Built

Built in 1948

Lot Details

0

Parking

2

Rental Info

  • Date Available: 2025-05-01
  • Owner Pays: Taxes - Real Estate
  • Pets: Pet Addendum/Deposit
  • Pets Allowed: Yes
  • Security Deposit: 5600.00
  • Tenant Pays: Gas, Heat, Water, Hot Water, Sewer, Lawn/Tree/Shrub Care, Electricity
  • Vacation Rental: No
  • Property Manager: No
  • Max Lease in Months: 36
  • Min Lease in Months: 12
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: No
  • Year Built: 1948
  • Building Winterized: No
  • Remarks Public: Looking for a lovely, spacious home close to the downtown Princeton? Here is the perfect opportunity. This 4-bedroom, 2.5 full bath colonial is located less than 2 miles from downtown Princeton, and just blocks away from the middle and high schools, Princeton shopping center, and restaurants. Upon entry, you will find a living room with a gas fireplace. Real wood floors are in excellent condition throughout, which is just one sign that this place has been lovingly cared for. The openness of the dining room allows for extra guests at the table, but breakfasts will likely be enjoyed in the bay of the bright, white kitchen, which offers gas cooking and granite countertops. All 4 bedrooms are nicely sized and equipped with efficient ceiling fans. They will be professionally cleaned and shampooed. The main suite has a private, up-to-date bath and a roomy closet with access to the walk-up attic. There is also a fully finished basement with plenty of storage space. Take advantage of the beautiful outdoor spaces this home offers: breezeway, deck, and enjoy complete privacy in a central location. Tenants responsible to mower the grass every month.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Carpet, Wood, Ceramic Tile
  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 3
  • Room List: Basement
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1801
  • Living Area Sq Ft: 1801
  • Price Per Sq Ft: 3.11
  • Above Grade Finished Sq Ft: 1801
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 196

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: 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, Driveway

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: No

Condo/Co-op/Association

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

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: COMMUNITY PARK
  • Middle School: J WITHERSPOON
  • High School: PRINCETON H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396175
  • School District Source: Listing Agent
  • Elementary School: COMMUNITY PARK
  • High School: PRINCETON H.S.
  • Middle Or Junior School: J WITHERSPOON

Lot Info

  • Lot Size Acres: 0.39
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16988.00
  • Property Condition: Excellent
  • Zoning: R6

Tax Info

  • Assessor Parcel Number: 14-05402-00016
  • Tax Total Finished Sq Ft: 1801
  • Close Date: 04/29/2025

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
Dec 16, 2021
Sold by
Farnum Jr Richard A and Farnum Marisa D
Bought by
Xie Feixiang and Gu Jianping
Seller's Agent
Martha Giancola
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$695,000
Sold Price
$695,000
Current Estimated Value
$924,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,915
Avg. Annual Appreciation
7.64%
Original Mortgage
$521,250
Outstanding Balance
$484,306
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$424,145

Purchase Details

Closed on
Nov 27, 1989
Bought by
Farnum Richard and Esposito Marisa
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Xie Feixiang $695,000 Acres Land Title
Farnum Richard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xie Feixiang $521,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2025 04/29/25 Rented $5,600 0.0% --
04/17/2025 04/17/25 For Rent $5,600 0.0% --
12/17/2021 12/17/21 Sold $695,000 0.0% --
10/20/2021 10/20/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $695,000 -- --
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
2024 $11,557 $459,700 $225,800 $233,900
2023 $11,557 $459,700 $225,800 $233,900
2022 $11,180 $459,700 $225,800 $233,900
2021 $10,149 $416,100 $225,800 $190,300
2020 $10,070 $416,100 $225,800 $190,300
2019 $9,870 $416,100 $225,800 $190,300
2018 $9,703 $416,100 $225,800 $190,300
2017 $9,570 $416,100 $225,800 $190,300
2016 $9,421 $416,100 $225,800 $190,300
2015 $9,204 $416,100 $225,800 $190,300
2014 $9,092 $416,100 $225,800 $190,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJME2055920

Bright MLS

APN: 14-05402-0000-00016