NOT LISTED FOR SALE

196 Valley Rd Princeton, NJ 08540

Estimated Value: $885,671 - $1,040,000

3 Beds
1.5 Baths
1,276 Sq Ft
$765/Sq Ft Est. Value

Last Sold August 25, 2022

Last sale price $725,000 $568 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $6,155/month

Highlights

  • Open Floorplan
  • Cape Cod Architecture
  • Wood Flooring
  • Community Park Elementary School Rated A+
  • Wood Burning Stove
  • Main Floor Bedroom

About This Home

As of August 2022

There are many unique homes in Princeton. This is certainly one of them! If you are looking for a cozy home that has both a very low carbon footprint and walkability to everything 196 Valley Rd. is perfect for you! First floor bedroom and full bath. Second floor 2 bedrooms and a half bath.
Walk to all schools, the Princeton shopping center, grocery store, the community park pool and tennis complex as well as Witherspoon St restaurants Nassau St shops, Princeton University, McCarter theater and the Princeton train station.
This incredibly maintained home has been lovingly cared for by the same family for 40 years.
In the early 80's the house was redesigned by the current owners with some help from the Princeton University Engineering department. The Princeton scientists came up with the idea of using radiant heat as an ecological and economical solution to heating the home. Most people associate radiant heat with heated floors usually from tiles. The heating coils in this home are in the ceilings! Multi room zoning allows for each space to be heated to the needs of the room rather than just heating the entire house. It has been described as having the feeling of sunshine throughout the house with the heat gently settling down from above warming all surfaces. This is a unique heating solution for this area of the country. The average monthly utility bill (electric only) amounts to about $150. per month. The heat is absolutely silent since there is no water running through radiators or baseboards,, no furnace and no forced air through ducts.
The centrally located wood burning stove does a great job of heating the main floor minimizing the need for supplemental power usage.
The wood floors are beautiful throughout and there are lots of little wood projects that were completed by the owner who does wood working as a hobby. The pantry is a personal favorite.
The kitchen is open to the living and dining areas. The large pantry has ample storage space.
The first floor bedroom has a built in closet. Upstairs the bedrooms are perfect for the kids.
The basement is partially finished. The fully finished side is currently being used as an office space and has a smaller room for storage. The other side is semi finished and is a workshop that can be easily finished to a new owners liking. The basement is accessible from the main floor of the home and through a set of bilco doors on the driveway side of the house.
Every inch of the grounds has meaningful plantings to support the ecosystem that was created by the homeowner over the years. The garden is home to all sorts of animals and insects. There is also a feeling of privacy when walking through the garden and the yard. The mature Rhododendrons around the edges of the property provide a visual barrier as well as a sense of seclusion.
The lot is .35 acres and Princeton allows a lot of flexibility, so if all the enchantment of living in a smaller environmentally friendly home is not for you just look up and down Valley Rd and all around town for ideas on potential additions or rebuilds.

Showings start with public open house on July 3rd 1:00-3:00

Last Agent to Sell the Property

Joe Bardzilowski

(609) 731-5271 joeb123@kw.com Keller Williams Real Estate - Princeton License #2081609 Listed on: 07/01/2022

Keller Williams Real Estate - Princeton

Last Buyer's Agent

Joe Bardzilowski

(609) 731-5271 joeb123@kw.com Keller Williams Real Estate - Princeton License #2081609 Listed on: 07/01/2022

Keller Williams Real Estate - Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,997

Year Built

  • Built in 1940 | Remodeled in 1982

Lot Details

  • 0.35 Acre Lot
  • South Facing Home
  • Property is in very good condition
  • Property is zoned R6, Residential .35 acre lot many lots on Valley rd have been redeveloped with much larger homes

Parking

  • Driveway

Home Design

  • Cape Cod Architecture
  • Entry on the 1st floor
  • Block Foundation
  • Plaster Walls
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Crown Molding
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Finished Basement
  • Laundry in Basement
  • Electric Oven or Range

Bedrooms and Bathrooms

Laundry

  • Electric Dryer
  • Washer

Eco-Friendly Details

  • Green Energy Fireplace or Wood Stove
  • Home Energy Management

Outdoor Features

  • Porch

Schools

  • Community Park Elementary School
  • Prin. Midd Middle School
  • Princeton High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Above Ground Utilities
  • 120/240V
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00014
  • Assessor Parcel Number 14-07207-00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,997

Year Built

Built in 1940 | Remodeled in 1982

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Exclusions: All personal items
  • Historic: No
  • Home Warranty: No
  • Inclusions: All appliances
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-07-03
  • Federal Flood Zone: No
  • Year Built: 1940
  • Year Renovated: 1982
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: There are many unique homes in Princeton. This is certainly one of them! If you are looking for a cozy home that has both a very low carbon footprint and walkability to everything 196 Valley Rd. is perfect for you! First floor bedroom and full bath. Second floor 2 bedrooms and a half bath. Walk to all schools, the Princeton shopping center, grocery store, the community park pool and tennis complex as well as Witherspoon St restaurants Nassau St shops, Princeton University, McCarter theater and the Princeton train station. This incredibly maintained home has been lovingly cared for by the same family for 40 years. In the early 80's the house was redesigned by the current owners with some help from the Princeton University Engineering department. The Princeton scientists came up with the idea of using radiant heat as an ecological and economical solution to heating the home. Most people associate radiant heat with heated floors usually from tiles. The heating coils in this home are in the ceilings! Multi room zoning allows for each space to be heated to the needs of the room rather than just heating the entire house. It has been described as having the feeling of sunshine throughout the house with the heat gently settling down from above warming all surfaces. This is a unique heating solution for this area of the country. The average monthly utility bill (electric only) amounts to about $150. per month. The heat is absolutely silent since there is no water running through radiators or baseboards,, no furnace and no forced air through ducts. The centrally located wood burning stove does a great job of heating the main floor minimizing the need for supplemental power usage. The wood floors are beautiful throughout and there are lots of little wood projects that were completed by the owner who does wood working as a hobby. The pantry is a personal favorite. The kitchen is open to the living and dining areas. The large pantry has ample storage space. The first floor bedroom has a built in closet. Upstairs the bedrooms are perfect for the kids. The basement is partially finished. The fully finished side is currently being used as an office space and has a smaller room for storage. The other side is semi finished and is a workshop that can be easily finished to a new owners liking. The basement is accessible from the main floor of the home and through a set of bilco doors on the driveway side of the house. Every inch of the grounds has meaningful plantings to support the ecosystem that was created by the homeowner over the years. The garden is home to all sorts of animals and insects. There is also a feeling of privacy when walking through the garden and the yard. The mature Rhododendrons around the edges of the property provide a visual barrier as well as a sense of seclusion. The lot is .35 acres and Princeton allows a lot of flexibility, so if all the enchantment of living in a smaller environmentally friendly home is not for you just look up and down Valley Rd and all around town for ideas on potential additions or rebuilds. Showings start with public open house on July 3rd 1:00-3:00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer - Electric, Refrigerator, Oven/Range - Electric, Washer
  • Entry Floor: 1
  • Flooring Type: Hardwood
  • Interior Amenities: Combination Kitchen/Dining, Crown Moldings, Entry Level Bedroom, Floor Plan - Open, Pantry, Wood Floors, Stove - Wood
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall, Plaster Walls
  • Foundation Details: Block
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Room Count: 6
  • Basement: Yes
  • Basement Type: Fully Finished
  • Basement Finished Percent: 50.00
  • Basement Footprint Percent: 75.00
  • Laundry Type: Basement
  • Total Sq Ft: 1326
  • Living Area Sq Ft: 1276
  • Price Per Sq Ft: 626.18
  • Above Grade Finished Sq Ft: 1276
  • Below Grade Sq Ft: 50
  • Total Below Grade Sq Ft: 50
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 196

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Frame
  • Roof: Asphalt
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Monthly Average Electric: 145
  • Previous Twelve Months Electric Expense: 1740.00
  • Electric Service: 120/240V
  • Heating Fuel: Electric, Natural Gas Available
  • Heating Type: Radiant
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Above Ground, Cable Tv, Phone Connected, Natural Gas Available
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable, Broadband

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: COMMUNITY PARK E.S.
  • Middle School: PRIN. MIDD
  • 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: 3rd Party
  • Elementary School: COMMUNITY PARK E.S.
  • High School: PRINCETON H.S.
  • Middle Or Junior School: PRIN. MIDD

Green Features

  • Efficiency: Fireplace/Wood Stove, Home Energy Management
  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 110900.00
  • Land Assessed Value: 340000.00
  • Lot Size Acres: 0.35
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15246.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: R6
  • Zoning Description: Residential .35 acre lot many lots on Valley rd have been redeveloped with much larger homes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2144638
  • Tax Annual Amount: 10997.00
  • Assessor Parcel Number: 14-07207-00014
  • Tax Lot: 00014
  • Tax Total Finished Sq Ft: 1276
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/25/2022

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Aug 22, 2022
Sold by
Nelson Roger D and Nelson Reinhilde
Bought by
Cheng Bimao
Seller's Agent
Joe Bardzilowski
Keller Williams Real Estate - Princeton
Buyer's Agent
Joe Bardzilowski
Keller Williams Real Estate - Princeton
List Price
$799,000
Sold Price
$725,000
Premium/Discount to List
-$74,000
-9.26%
Current Estimated Value
$975,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,918
Avg. Annual Appreciation
10.10%
Source: Public Records

Range of Values:

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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
Cheng Bimao $725,000 Deelercq Emily K
Cheng Bimao $725,000 Deelercq Emily K
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2022 08/25/22 Sold $725,000 -9.3% $568 / Sq Ft
07/10/2022 07/10/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $799,000 -- $626 / 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 $12,007 $450,900 $340,000 $110,900
2024 $11,336 $450,900 $340,000 $110,900
2023 $11,336 $450,900 $340,000 $110,900
2022 $10,966 $450,900 $340,000 $110,900
2021 $10,747 $450,900 $340,000 $110,900
2020 $10,662 $450,900 $340,000 $110,900
2019 $10,695 $450,900 $340,000 $110,900
2018 $10,515 $450,900 $340,000 $110,900
2017 $10,371 $450,900 $340,000 $110,900
2016 $9,778 $431,900 $325,000 $106,900
2015 $9,304 $431,900 $325,000 $106,900
2014 $8,833 $415,700 $296,300 $119,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2018736

Bright MLS

APN: 14-07207-0000-00014