NOT LISTED FOR SALE

250 Prospect Ave Princeton, NJ 08540

Estimated Value: $2,534,000 - $2,659,000

5 Beds
4.5 Baths
-- Sq Ft
0.43 Acres

Last Sold May 04, 2018

Last sale price $1,800,000

Est. 44% increase in value since last sale

Current estimated payment $17,809/month

119 Days on Market

Highlights

  • Newly Remodeled
  • Colonial Architecture
  • No HOA
  • Riverside Elementary School Rated A
  • 1 Fireplace
  • Living Room

About This Home

As of May 2018

New construction now available in Riverside! This 5 bedroom 4.5 bath home has been tastefully constructed to suit today's lifestyle's needs. A double height entry way greets you as you enter the home. The first floor has a floor plan that is open yet intimate. The Family room is bright and has great views of the rear yard. It has a spectacular stone fire place that is also open to a more private sitting area behind it. The family room is also open to the large chef's kitchen. It has a large island with Asko dishwasher, and ample space to use as serving area or meal prep. The kitchen also has other high end appliances such as Wolf range, Subzero fridge, built in Sanyo Microwave/oven and a wine fridge. The counter tops are granite and back splash is subway tile. The kitchen cabinets are two tone, with the island being a complementary dark wood. The kitchen has a slider to the large deck and that provides access to the fenced in rear yard. Just off the kitchen is the large dining room and then mud room, laundry, half bath and access to the garage. To complete the first floor there is a study and also the fifth bedroom, which has its own bath and walk in closet. The master in the second floor is amazing! The walk in closet, is completed fitted out with closet maid storage solutions including chest of drawers to create an island in the middle of the room. The bathroom is spa like, with large jetted tub, huge walk in shower with multiple heads, double vanity as well as make up area. There is a princess suite with walk in closet and its own bathroom, with stall shower and vanity. There are two more bedrooms and hall bath with double vanity, tub/shower combo and a patchwork tile floor. The basement is finished with tile flooring and has a separate work out space with specific rubber flooring. There is also ample storage. The basement also has its own access from the two car attached garage. Close to Riverside elementary school, university and down town, chance to own new construction in Princeton!

Last Listed By

Ingela Kostenbader

Queenston Realty, LLC License #344850 Listed on: 11/21/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,523

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 93x200
  • Property is zoned R2

Home Design

  • Colonial Architecture

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Riverside Subdivision

Listing and Financial Details

  • Tax Lot 00045
  • Assessor Parcel Number 14-00056 01-00045

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,523

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Year Built: 2016
  • Remarks Public: New construction now available in Riverside! This 5 bedroom 4.5 bath home has been tastefully constructed to suit today's lifestyle's needs. A double height entry way greets you as you enter the home. The first floor has a floor plan that is open yet intimate. The Family room is bright and has great views of the rear yard. It has a spectacular stone fire place that is also open to a more private sitting area behind it. The family room is also open to the large chef's kitchen. It has a large island with Asko dishwasher, and ample space to use as serving area or meal prep. The kitchen also has other high end appliances such as Wolf range, Subzero fridge, built in Sanyo Microwave/oven and a wine fridge. The counter tops are granite and back splash is subway tile. The kitchen cabinets are two tone, with the island being a complementary dark wood. The kitchen has a slider to the large deck and that provides access to the fenced in rear yard. Just off the kitchen is the large dining room and then mud room, laundry, half bath and access to the garage. To complete the first floor there is a study and also the fifth bedroom, which has its own bath and walk in closet. The master in the second floor is amazing! The walk in closet, is completed fitted out with closet maid storage solutions including chest of drawers to create an island in the middle of the room. The bathroom is spa like, with large jetted tub, huge walk in shower with multiple heads, double vanity as well as make up area. There is a princess suite with walk in closet and its own bathroom, with stall shower and vanity. There are two more bedrooms and hall bath with double vanity, tub/shower combo and a patchwork tile floor. The basement is finished with tile flooring and has a separate work out space with specific rubber flooring. There is also ample storage. The basement also has its own access from the two car attached garage. Close to Riverside elementary school, university and down town, chance to own new construction in Princeton!
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Street Number Modifier: 250

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Access To Pool: No
  • Construction Completed: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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
  • School District Key: 300200396175

Lot Info

  • Land Assessed Value: 501000.00
  • Lot Size Acres: 0.43
  • Lot Dimensions: 93X200
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18600.00
  • Property Attached Yn: No
  • Zoning: R2

Green Features

  • R Factor Ceilings: R38
  • R Factor Ext Walls: R20

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2140946
  • Tax Annual Amount: 11523.00
  • Assessor Parcel Number: 14-00056 01-00045
  • Tax Lot: 00045
  • Tax Year: 2017
  • Close Date: 05/04/2018

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2017
Closed on
Apr 29, 2018
Sold by
250 Prospect Llc
Bought by
Griffiths Thomas and Lombrozo Tania
Seller's Agent
Ingela Kostenbader
Queenston Realty, LLC
Buyer's Agent
Ingela Kostenbader
Queenston Realty, LLC
List Price
$2,100,000
Sold Price
$1,800,000
Premium/Discount to List
-$300,000
-14.29%
Total Days on Market
119
Current Estimated Value
$2,583,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$783,130
Avg. Annual Appreciation
7.45%
Original Mortgage
$100,000
Interest Rate
4.4%
Mortgage Type
Unknown

Purchase Details

Listed on
Aug 12, 2016
Closed on
Dec 6, 2016
Sold by
Nassau Properties Llc
Bought by
250 Prospect Llc
Seller's Agent
Ingela Kostenbader
Queenston Realty, LLC
Buyer's Agent
Ingela Kostenbader
Queenston Realty, LLC
List Price
$799,000
Sold Price
$735,000
Premium/Discount to List
-$64,000
-8.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
88.75%

Purchase Details

Closed on
Nov 14, 2002
Sold by
Wood Eric
Bought by
Nassau Properties Llc

Range of Values:

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Average Value
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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
Griffiths Thomas $1,800,000 Weichert Title Agcy
250 Prospect Llc $735,000 Title Evolutions Llc
Nassau Properties Llc $465,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffiths Thomas $970,000
Closed Lombrozo Tania $100,000
Closed Griffiths Thomas $1,000,060
Previous Owner Prospect 250 $166,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2018 05/04/18 Sold $1,800,000 -14.3% --
03/21/2018 03/21/18 Pending -- -- --
11/21/2017 11/21/17 For Sale $2,100,000 +185.7% --
12/06/2016 12/06/16 Sold $735,000 -8.0% --
11/04/2016 11/04/16 Pending -- -- --
08/12/2016 08/12/16 For Sale $799,000 -- --
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 $40,201 $1,599,100 $572,500 $1,026,600
2023 $40,201 $1,599,100 $572,500 $1,026,600
2022 $38,890 $1,599,100 $572,500 $1,026,600
2021 $39,002 $1,599,100 $572,500 $1,026,600
2020 $38,698 $1,599,100 $572,500 $1,026,600
2019 $37,931 $1,599,100 $572,500 $1,026,600
2018 $25,011 $1,072,500 $572,500 $500,000
2017 $11,523 $501,000 $501,000 $0
2016 $11,343 $501,000 $501,000 $0
2015 $11,082 $501,000 $501,000 $0
2014 $10,947 $501,000 $501,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Ingela Kostenbader

    Seller's Agent in 2018

    Ingela Kostenbader

    Queenston Realty, LLC

    (609) 902-5302

    118 in this area

    287 Total Sales

    Ingela Kostenbader
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1004193899

Bright MLS

APN: 14-00056-01-00045

New Jersey Mercer County Princeton 08540

250 Prospect Ave, Princeton, NJ

Homes for Sale in Princeton, NJ

This home is located at 250 Prospect Ave, Princeton, NJ 08540 since 21 November 2017 and is currently estimated at $2,583,130. This property was built in 2016. 250 Prospect Ave is a home located in Mercer County with nearby schools including Riverside Elementary School, Princeton Middle School, and Princeton High School.

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