NOT LISTED FOR SALE

2 Morven Place Princeton, NJ 08540

Estimated Value: $2,445,045

4 Beds
4.5 Baths
-- Sq Ft
0.34 Acres

Last Sold May 15, 2019

Last sale price $1,732,000

Est. 41% increase in value since last sale

Current estimated payment $16,170/month

235 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Den
  • Community Park Elementary School Rated A+
  • No HOA
  • Breakfast Room

About This Home

As of May 2019

Perfectly placed amidst the proudest homes in Princeton's coveted Western Section, this classic center hall is oozing with charm and warmth from a bygone era, while including a variety of significant modern day enhancements. The current owners have been great stewards to the property for over 3 decades and oversaw a beautifully executed kitchen/family room renovation and expansion. The result is the perfect space for gathering and lounging whether for day to day living or those more formal entertaining events. Combined with gracious formal living & dining rooms, and a paneled library, the house has a great scale for today's market and will be the 'just the right size' for many buyers, not too big and not too small. Sunlight flows through an abundance of windows on the main floor while four bedrooms on the second floor each have a dedicated bathroom. Front and back stairs, central air conditioning, a butler's pantry and a breakfast nook are all added practical elements as well. On the outside, the house is enveloped by exquisite mature landscaping, and a brick patio provides the best spot for the grill. A detached two-car garage is also included. What's best is the location itself, only a couple of blocks to Nassau Street, less than a half mile to Palmer Square and Princeton University and less than a mile to the train. Come see, it won't last long!

Last Agent to Sell the Property

Judson Henderson

Callaway Henderson Sotheby's Int'l-Princeton License #9231366 Listed on: 05/14/2018

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Ira Lackey Jr

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

  • $39,492

Year Built

  • Built in 1905

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x148
  • Property is zoned R1

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry
  • Driveway

Home Design

  • Colonial Architecture
  • Wood Siding

Interior Spaces

  • Property has 2 Levels
  • Wet Bar
  • Skylights
  • Non-Functioning Fireplace
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Den
  • Library
  • Home Security System

Kitchen

  • Built-In Double Oven
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Unfinished Basement

  • Partial Basement
  • Laundry in Basement

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Air
  • Radiator
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Western Subdivision

Listing and Financial Details

  • Tax Lot 00009
  • Assessor Parcel Number 14-00011 01-00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,492

Year Built

Built in 1905

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1905
  • Remarks Public: Perfectly placed amidst the proudest homes in Princeton's coveted Western Section, this classic center hall is oozing with charm and warmth from a bygone era, while including a variety of significant modern day enhancements. The current owners have been great stewards to the property for over 3 decades and oversaw a beautifully executed kitchen/family room renovation and expansion. The result is the perfect space for gathering and lounging whether for day to day living or those more formal entertaining events. Combined with gracious formal living & dining rooms, and a paneled library, the house has a great scale for today's market and will be the 'just the right size' for many buyers, not too big and not too small. Sunlight flows through an abundance of windows on the main floor while four bedrooms on the second floor each have a dedicated bathroom. Front and back stairs, central air conditioning, a butler's pantry and a breakfast nook are all added practical elements as well. On the outside, the house is enveloped by exquisite mature landscaping, and a brick patio provides the best spot for the grill. A detached two-car garage is also included. What's best is the location itself, only a couple of blocks to Nassau Street, less than a half mile to Palmer Square and Princeton University and less than a mile to the train. Come see, it won't last long!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Oven - Wall, Oven - Double, Dishwasher, Refrigerator, Built-In Microwave
  • Flooring Type: Wood, Partially Carpeted
  • Interior Amenities: Kitchen - Island, Skylight(s), Wet/Dry Bar, Dining Area
  • Fireplace Features: Non-Functioning
  • Fireplace: Yes
  • Entry Location: Center Hall
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Den, Library, Breakfast Room, Bedroom 1, Study
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Laundry Type: Basement
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 4
  • Upper Level Bathrooms: 4.00
  • Upper Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding
  • 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: Additional Storage Area
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Detached Garage

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: COMMUNITY PARK
  • Middle School: J WITHERSPOON
  • High School: PRINCETON
  • School District Key: 300200396175
  • Elementary School: COMMUNITY PARK
  • High School: PRINCETON
  • Middle Or Junior School: J WITHERSPOON

Lot Info

  • Improvement Assessed Value: 955500.00
  • Land Assessed Value: 738000.00
  • Lot Size Acres: 0.34
  • Lot Dimensions: 100X148
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14800.00
  • Outdoor Living Structures: Patio(s)
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2138619
  • Tax Annual Amount: 39492.00
  • Assessor Parcel Number: 14-00011 01-00009
  • Tax Lot: 00009
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 05/15/2019

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2018
Closed on
May 9, 2019
Sold by
Levy Tobin V and Levy Susan M
Bought by
Center Of Theological Inquiry
Seller's Agent
Judson Henderson
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Ira Lackey Jr
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$1,895,000
Sold Price
$1,732,000
Premium/Discount to List
-$163,000
-8.6%
Total Days on Market
235
Current Estimated Value
$2,445,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$713,045
Avg. Annual Appreciation
5.83%
Source: Public Records

Similar Homes in Princeton, NJ

  • 18 Elm Rd, Princeton, NJ 08540

    $2,997,000

    • 5 Beds
    • 5.5 Baths
    • 4,725 Sq Ft
    • 18 Elm Rd
    • Princeton, NJ

    PRE-CONSTRUCTION PRICE! TO BE BUILD! Estimated completion SPRING 2025. Exciting plans are underway for a sustainable custom home in the heart of the former Princeton Borough, situated across the street from Marquand Park, renowned for its picturesque arboretum, and just a leisurely stroll to Downtown Princeton! Stay tuned for updates as Accel Building Co. brings this vision to life.

    Anna Shulkina RE/MAX of Princeton

    Section Image
  • 68 Morgan Place, Princeton, NJ 08540

    $2,399,000

    • 5 Beds
    • 4 Baths
    • 68 Morgan Place
    • Princeton, NJ

    Stunning New Construction in Princeton’s Prestigious Western SectionDiscover an extraordinary opportunity to own a brand-new luxury home tucked away at the end of a quiet cul-de-sac in one of Princeton’s most desirable neighborhoods. This architectural masterpiece offers impeccable craftsmanship, a thoughtfully designed open floor plan, premium finishes, and the rare convenience of an attached

    BROOKE BROWN Compass New Jersey, LLC - Princeton

    Section Image
  • 33 Rosedale Rd, Princeton, NJ 08540

    $2,599,800

    • 5 Beds
    • 5.5 Baths
    • 5,692 Sq Ft
    • 33 Rosedale Rd
    • Princeton, NJ

    Designed by renowned Princeton architect and professor Francis Comstock, this Western Section unique home was built as his residence in 1929. Second owner, artist Miriam Whitney Coletti incorporated mid-century modern features during her 50-year tenure. This one-of-a-kind, 5 bedroom and 5.5 bath gracious home juxtaposes traditional with transitional. Entering the Welcome gate, you are transported

    Stacy Gaines-Pibl Christie's International Real Estate Group

    Section Image
  • 77 Olden Ln, Princeton, NJ 08540

    $1,995,000

    • 6 Beds
    • 4.5 Baths
    • 3,449 Sq Ft
    • 77 Olden Ln
    • Princeton, NJ

    This beautifully renovated home boasts 6 bedrooms and 4 and a half bathrooms, conveniently located near The Institute for Advanced Study, Princeton University, Pretty Brook, and all the attractions of Princeton. Originally constructed in the early 1900s, this gem underwent a complete renovation and upgrade in 2014.The spacious, light-filled open-plan kitchen features marble countertops, high-end

    Eva Nowakowska Weichert Realtors - Princeton

    Section Image
  • 261 Moore St, Princeton, NJ 08540

    $1,988,500

    • 4 Beds
    • 4 Baths
    • 261 Moore St
    • Princeton, NJ

    Sleek contemporary design is immersed in this stunning home in the heart of Princeton. The newly renovation throughout welcome you and provide a luxurious retreat. This spectacular home features an elegant front elevation with hardy-plank siding, multiple dramatic living and entertaining spaces perfect for relaxation, a large contemporary kitchen is well-appointed with state-of-the-art Jenn Air

    Yuen Li Huang BHHS Fox & Roach - Princeton

    Section Image
  • 51 Edgerstoune Rd, Princeton, NJ 08540

    $2,695,000

    • 5 Beds
    • 4.5 Baths
    • 51 Edgerstoune Rd
    • Princeton, NJ

    In 1920’s Princeton, Rolf Bauhan was the architect of choice for the well-heeled and with good reason. His original designs employed the time-honored materials and displayed the elegant details that make a house worthy of admiration, both in the moment and for generations to come. While the solid brick exterior of Halcyon House has all the romance of an English Tudor, the rooms within are

    Judson Henderson Callaway Henderson Sotheby's Int'l-Princeton

    Section Image
  • 300 Ewing St, Princeton, NJ 08540

    $2,100,000

    • 4 Beds
    • 4.5 Baths
    • 3,590 Sq Ft
    • 300 Ewing St
    • Princeton, NJ

    Exceptional New Construction Designed by Marina Rubina in Princeton’s School DistrictWelcome to this stunning, newly built home, expertly designed by renowned Princeton architect Marina Rubina. This contemporary home offers 4 bedrooms, an office, fully finished basement with exercise room, 4 full bathrooms and a half bath, plus a fully fenced spacious back yard. Located in the highly sought-after

    Olga Barsky Keller Williams Real Estate - Princeton

    Section Image
  • 374 Cherry Hill Rd, Princeton, NJ 08540

    $2,995,000

    • 5 Beds
    • 5.5 Baths
    • 374 Cherry Hill Rd
    • Princeton, NJ

    After a transformative renovation that transcends styles and eschews labels, this entire nestled-in-nature house is essentially like new, in both form and function. As the enchanting stone exterior suggests, spaces within are brimming with unexpected finishes that warm up the open floor plan, while statement features, like the rustic stone fireplace, create distinct areas to which people

    Rachel Lee Callaway Henderson Sotheby's Int'l-Princeton

    Section Image
  • 429 Wendover Dr, Princeton, NJ 08540

    $2,875,000

    • 6 Beds
    • 5.5 Baths
    • 429 Wendover Dr
    • Princeton, NJ

    Make your way to the quietest corner of Princeton's upscale Brookstone neighborhood to discover this custom contemporary nestled on a private 2.4-acre lot. A broad veranda overlooks a leafy canopy that extends over Stoney Brook, while below, a covered patio, sport court, and putting green are cleverly terraced into the stunning property. Inside, breathtakingly bright and airy spaces are spread

    Maura Mills Callaway Henderson Sotheby's Int'l-Princeton

    Section Image

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
Center Of Theological Inquiry $1,732,000 Old Republic Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Levy Tobin V $500,000
Previous Owner Levy Tobin $188,677
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2019 05/15/19 Sold $1,732,000 -8.6% --
01/04/2019 01/04/19 Pending -- -- --
05/14/2018 05/14/18 For Sale $1,895,000 -- --
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 -- $1,705,200 $738,000 $967,200
2023 -- $1,705,200 $738,000 $967,200
2022 -- $1,705,200 $738,000 $967,200
2021 $0 $1,705,200 $738,000 $967,200
2020 $40,170 $1,705,200 $738,000 $967,200
2019 $40,170 $1,693,500 $738,000 $955,500
2018 $39,492 $1,693,500 $738,000 $955,500
2017 $38,951 $1,693,500 $738,000 $955,500
2016 $38,341 $1,693,500 $738,000 $955,500
2015 $37,460 $1,693,500 $738,000 $955,500
2014 $37,003 $1,693,500 $738,000 $955,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001206348

Bright MLS

APN: 14-00011-01-00009