NOT LISTED FOR SALE

Estimated Value: $1,589,344 - $1,712,000

3 Beds
3.5 Baths
3,286 Sq Ft
$508/Sq Ft Est. Value

Last Sold February 14, 2024

Last sale price $1,555,000 $473 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $11,237/month

83 Days on Market

Highlights

  • View of Trees or Woods
  • 2.47 Acre Lot
  • Contemporary Architecture
  • Community Park Elementary School Rated A+
  • Open Floorplan
  • Wooded Lot

About This Home

As of February 2024

Masterpiece House By Princeton's Award Winning Architectural Firm, Short & Ford*, built in 1986.
Welcome to your haven in the Princeton Ridge neighborhood. Look past the hearth through the large glass walls to a tree canopy beyond. Invite your guests to an elegant sense of openness and soaring open spaces. Very private, 2.5 acre heavily wooded Lot. Well designed, recently updated kitchen with sunny breakfast room that sits above a family room with a second fireplace. Skylights throughout the house. Master suite includes two bathrooms, an office and plenty of storage. Second and third bedrooms above. Patio is great for entertaining. An elegant, modern house built. Two car garage. See virtual tour!

* Short &Ford later became Ford Farewell Mills and Gatsch Architects and is now Mills + Schnoering Architects, LLC (M+Sa).

Last Agent to Sell the Property

Roland Pott

Pott Real Estate, LLC Listed on: 07/20/2023

Last Buyer's Agent

Nathaniel Parker

RE/MAX One Select

RE/MAX One Select

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,902

Year Built

  • Built in 1987

Lot Details

  • 2.47 Acre Lot
  • Cul-De-Sac
  • Extensive Hardscape
  • Sloped Lot
  • Wooded Lot
  • Back and Front Yard
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • 4 Driveway Spaces
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,286 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • Cathedral Ceiling
  • Skylights
  • 2 Fireplaces
  • Marble Fireplace
  • Brick Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Breakfast Room
  • Dining Room
  • Den
  • Views of Woods
  • Home Security System
  • Attic

Kitchen

  • Built-In Self-Cleaning Oven
  • Cooktop with Range Hood
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Drainage System

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed

Schools

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

Utilities

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

Additional Features

  • Level Entry For Accessibility
  • Suburban Location

Community Details

  • No Home Owners Association
  • Princeton Ridge Subdivision

Listing and Financial Details

  • Tax Lot 00010
  • Assessor Parcel Number 14-02301-00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,902

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-07-21
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Cooktop, Oven - Wall, Oven - Self Cleaning, Dishwasher, Refrigerator, Range Hood, Washer, Dryer, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Skylight(s), Dining Area, Attic, Built-Ins, Carpet, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Pantry, Soaking Tub, Stall Shower, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Window Features: Skylights
  • Fireplace Features: Brick, Marble
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room Count: 10
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Basement, Breakfast Room, Bedroom 1, Laundry, Office, Bathroom 1, Bathroom 2, Bathroom 3, Attic, Half Bath
  • Basement: Yes
  • Basement Type: Partial, Unfinished, Drainage System
  • Laundry Type: Main Floor
  • Total Sq Ft: 3286
  • Living Area Sq Ft: 3286
  • Price Per Sq Ft: 514.30
  • Above Grade Finished Sq Ft: 3286
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 24

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick
  • Exterior Features: Extensive Hardscape, Exterior Lighting
  • Spa: No
  • View: Trees/Woods
  • 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, Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Zoned
  • 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
  • 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
  • Middle Or Junior School: J WITHERSPOON

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Features: Cul-De-Sac, Sloping, Trees/Wooded, Front Yard, Rear Yard
  • Lot Size Acres: 2.47
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 107593.00
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2022
  • Zoning: R1

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 21902.00
  • Assessor Parcel Number: 14-02301-00010
  • Tax Lot: 00010
  • Tax Total Finished Sq Ft: 3286
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 02/14/2024

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2023
Closed on
Feb 2, 2024
Sold by
Joshi Living Trust
Bought by
242 Alexander Street Llc
Seller's Agent
Roland Pott
Pott Real Estate, LLC
Buyer's Agent
Nathaniel Parker
RE/MAX One Select
List Price
$1,690,000
Sold Price
$1,555,000
Premium/Discount to List
-$135,000
-7.99%
Total Days on Market
83
Views
377
Current Estimated Value
$1,670,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,336
Avg. Annual Appreciation
5.70%

Purchase Details

Closed on
Oct 24, 2016
Sold by
Joshi Rakesh and Joshi Neeta
Bought by
Joshi Rakesh and Joshi Neeta

Purchase Details

Closed on
Sep 21, 2004
Sold by
Lubetkin Paul
Bought by
Joshi Rakesh and Joshi Neeta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
5.75%

Purchase Details

Closed on
Dec 10, 2003
Sold by
Bogart Walter
Bought by
Lubetkin Paul and Gordon Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Interest Rate
5.83%
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
242 Alexander Street Llc $1,555,000 None Listed On Document
Joshi Rakesh -- None Available
Joshi Rakesh $1,100,000 --
Lubetkin Paul $1,050,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Joshi Rakesh $500,000
Previous Owner Joshi Rakesh $880,000
Previous Owner Lubetkin Paul $787,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2024 02/14/24 Sold $1,555,000 -8.0% $473 / Sq Ft
07/20/2023 07/20/23 For Sale $1,690,000 -- $514 / 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
2024 $22,641 $900,600 $502,500 $398,100
2023 $22,641 $900,600 $502,500 $398,100
2022 $21,903 $900,600 $502,500 $398,100
2021 $21,966 $900,600 $502,500 $398,100
2020 $21,795 $900,600 $502,500 $398,100
2019 $22,603 $952,900 $554,800 $398,100
2018 $22,019 $944,200 $554,800 $389,400
2017 $21,717 $944,200 $554,800 $389,400
2016 $21,377 $944,200 $554,800 $389,400
2015 $20,886 $944,200 $554,800 $389,400
2014 $20,631 $944,200 $554,800 $389,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJME2032210

Bright MLS

APN: 14-02301-0000-00010