NOT LISTED FOR SALE

22 Running Cedar Rd Princeton, NJ 08540

Estimated Value: $1,422,328

2.24 Acres
$634,968 Price per Acre
97,574 Sq Ft Lot

Last Sold May 13, 2022

Last sale price $1,150,000

Est. 24% increase in value since last sale

Current estimated payment $9,571/month

About This Lot

As of May 2022

Location, location, location! Last Lot in the prestigious Rushbrook neighborhood! Your design, your builder, among $3-7M homes. Located off Pretty Brook Road in a neighborhood of 2 -5 acre lots of just three private cul-de-sac streets. Entrance crosses over two beautiful ponds! Lot on corner of Cradlerock Rd and Running Cedar Rd. Two curb cuts for a two entrance/exit option. Community is bordered by open space and Princeton's Woodfield Reservation! Truly a special opportunity!

Last Agent to Sell the Property

Helen Sherman

(609) 915-1216 helen.sherman@foxroach.com BHHS Fox & Roach - Princeton License #RS301524 Listed on: 10/25/2021

BHHS Fox & Roach - Princeton

Last Buyer's Agent

Helen Sherman

(609) 915-1216 helen.sherman@foxroach.com BHHS Fox & Roach - Princeton License #RS301524 Listed on: 10/25/2021

BHHS Fox & Roach - Princeton

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $20,707

Lot Details

  • 2.24 Acre Lot
  • Lot Dimensions are 522x200
  • Zoning described as Approved Lot within Subdivision

HOA Fees

  • $146 Monthly HOA Fees

Schools

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

Utilities

  • Municipal Trash
  • Cable TV Available

Community Details

  • Association fees include common area maintenance, insurance, reserve funds, management
  • Rushbrook HOA
  • Rushbrook Subdivision

Listing and Financial Details

  • Tax Lot 00001 25
  • Assessor Parcel Number 14-03401-00001 25

Property Details

Property Type

Land

Est. Annual Taxes

$20,707

Lot Details

0

HOA Fees

$146 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential, Vacant
  • Historic: No
  • Expected On Market: 2021-10-25
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 12.55
  • Street Number Modifier: 22

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Sewer Available, Water Available, Cable Tv Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 1750.00
  • HOA Fee Frequency: Annually
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Reserve Funds, Management
  • HOA Name: RUSHBROOK HOA
  • HOA: Yes

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 2.24
  • Lot Dimensions: 522x200
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 97574.00
  • Year Assessed: 2021
  • Zoning: RES
  • Zoning Description: Approved Lot within Subdivision
  • Farmland Preservation: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 20707.00
  • Assessor Parcel Number: 14-03401-00001 25
  • Tax Lot: 00001 25
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 05/13/2022

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2021
Closed on
May 13, 2022
Sold by
Paul Sharma Surinder and Paul Rashma S
Bought by
Pillai Ajay and Pillai Ajay Shamala
Seller's Agent
Helen Sherman
BHHS Fox & Roach - Princeton
Buyer's Agent
Helen Sherman
BHHS Fox & Roach - Princeton
List Price
$1,225,000
Sold Price
$1,150,000
Premium/Discount to List
-$75,000
-6.12%
Current Estimated Value
$1,422,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,328
Avg. Annual Appreciation
6.47%
Original Mortgage
$747,500
Outstanding Balance
$707,124
Interest Rate
4.63%
Mortgage Type
Balloon
Estimated Equity
$715,204

Purchase Details

Closed on
Jun 20, 2000
Sold by
Botwinick David
Bought by
Sharma Surinder and Sharma Rashma

Purchase Details

Closed on
Jun 15, 1999
Sold by
Princeton Real Estate Inc
Bought by
Botwinick David and Botwinick Patricia
Source: Public Records

Range of Values:

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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
Pillai Ajay $1,150,000 Opportune Title
Pillai Ajay $1,150,000 Opportune Title
Sharma Surinder $800,000 --
Botwinick David $560,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pillai Ajay $747,500
Closed Pillai Ajay $747,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $1,150,000 -6.1% --
11/23/2021 11/23/21 Pending -- -- --
10/25/2021 10/25/21 For Sale $1,225,000 -- --
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
2025 $22,609 $849,000 $849,000 --
2024 $21,344 $849,000 $849,000 $0
2023 $21,344 $849,000 $849,000 $0
2022 $20,648 $849,000 $849,000 $0
2021 $20,707 $849,000 $849,000 $0
2020 $20,546 $849,000 $849,000 $0
2019 $20,138 $849,000 $849,000 $0
2018 $19,799 $849,000 $849,000 $0
2017 $19,527 $849,000 $849,000 $0
2016 $19,221 $849,000 $849,000 $0
2015 $18,780 $849,000 $849,000 $0
2014 $18,551 $849,000 $849,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Helen Sherman

    Seller's Agent in 2022

    Helen Sherman

    BHHS Fox & Roach

    (609) 915-1216

    13 in this area

    46 Total Sales

    Helen Sherman
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Map

Source: Bright MLS

MLS Number: NJME2006278

Bright MLS

APN: 14-03401-0000-00001-25

New Jersey Mercer County Princeton 08540

22 Running Cedar Rd, Princeton, NJ

This home is located at 22 Running Cedar Rd, Princeton, NJ 08540 since 25 October 2021 and is currently estimated at $1,422,328. 22 Running Cedar Rd is a home located in Mercer County with nearby schools including Johnson Park School, Princeton Middle School, and Princeton High School.

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