$735,000
SOLD DEC 6, 2016

250 Prospect Ave Princeton, NJ 08540

0.43 Acre
$1,709,302 Price per Acre
18,731 Sq Ft Lot

Recently Sold

8% Below List Price

84 Days on Market

Highlights

  • No HOA
  • Riverside Elementary School Rated A
  • En-Suite Primary Bedroom

About This Lot

As of May 2018

One of the last conforming lots in the "old boro". Never been built on. Amazing opportunity to build your dream home close to Riverside Elementary School. Minutes from University and downtown Princeton. Sewer, water and gas are already available.

Last Agent to Sell the Property

Ingela Kostenbader

Queenston Realty, LLC License #344850

Last Buyer's Agent

Ingela Kostenbader

Queenston Realty, LLC License #344850

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,343

Year Built

  • 2017

Lot Details

  • 0.43 Acre Lot
  • Property is zoned R2

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Schools

  • Riverside Elementary School
  • J Witherspoon Middle School
  • Princeton High School

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Riverside Subdivision

Listing and Financial Details

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

Property Details

Property Type

Land

Est. Annual Taxes

$11,343

Year Built

2017

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • New Construction: No
  • Remarks Public: One of the last conforming lots in the "old boro". Never been built on. Amazing opportunity to build your dream home close to Riverside Elementary School. Minutes from University and downtown Princeton. Sewer, water and gas are already available.
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2017

Interior Features

  • Room List: Primary Bedroom
  • Price Per Sq Ft: 42.96
  • Street Number Modifier: 250

Exterior Features

  • Exterior Features: Sidewalks, Street Lights
  • Road Surface Type: Paved
  • 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: Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone Available, Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Size Acres: 0.43
  • Lot Dimensions: 93X200, LotWidth:93
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18600.00
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2140946
  • Tax Annual Amount: 11343.00
  • Assessor Parcel Number: 14-00056 01-00045
  • Tax Lot: 00045
  • Tax Year: 2016
  • Close Date: 12/06/2016

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
84
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
7.43%
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

Map

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $1,800,000 Weichert Title Agcy
Deed $735,000 Title Evolutions Llc
Deed $465,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $970,000 New Conventional
Closed $100,000 Unknown
Closed $1,000,060 Purchase Money Mortgage
Previous Owner $166,500 Commercial
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

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

Source: Bright MLS

MLS Number: 1003887807

Bright MLS

APN: 14-00056-01-00045