NOT LISTED FOR SALE

257 S Franklin St Lambertville, NJ 08530

Estimated Value: $564,000 - $665,000

2 Beds
2 Baths
1,916 Sq Ft
$323/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $425,000 $222 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,316/month

151 Days on Market

Highlights

  • River View
  • Open Floorplan
  • Contemporary Architecture
  • 1.64 Acre Lot
  • Wood Burning Stove
  • Backs to Trees or Woods

About This Home

As of March 2020

You won't believe that you are a walk away from the restaurants and shops of Lambertville and New Hope when you are at this spacious "cabin" in the woods. This custom home has a distinct modern style and was designed to capture the river views from every angle. The expansive deck allows for a seamless transition between the comfort of the home and the tranquility of the surrounding wooded retreat. The open floor plan and dual wood burning stoves with brick chimneys create a flowing space emanating warmth. The river views continue in the master bedroom with a recently updated en-suite bathroom and a large walk-in closet. The main level features hardwood and bamboo flooring, along with ceramic tile in the entry way, kitchen, and bathrooms. The lower level of the home has an attached 2 car garage and an area that could be converted into more living space if desired. With over 1.6 acres this property is like no other in Lambertville! Come experience this spectacular property and fall in love with the location, views, and unique style.

Last Agent to Sell the Property

Adriana Gaines

Suburban City Realty, LLC License #1536933 Listed on: 09/27/2019

Last Buyer's Agent

Katherine Pease

Weichert Realtors - Princeton License #9332402

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,607

Year Built

  • Built in 1985

Lot Details

  • 1.64 Acre Lot
  • Backs to Trees or Woods
  • Additional Land
  • Property has one large parcel in Lambertville, and a small adjoining parcel in West Amwell Township.
  • Property is zoned R-L

Parking

  • 2 Car Direct Access Garage
  • Basement Garage
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • Driveway

Property Views

  • River
  • Woods

Home Design

  • Contemporary Architecture
  • Frame Construction

Interior Spaces

  • 1,916 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Central Vacuum
  • Built-In Features
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Flue
  • Brick Fireplace
  • Living Room
  • Dining Room
  • Den
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Partial Basement
  • Interior Basement Entry
  • Garage Access

Schools

  • Lambertville Elementary School
  • South Hunterdon Regional Middle School
  • South Hunterdon Regional High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Well
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00008
  • Assessor Parcel Number 17-01057-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,607

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1985
  • Remarks Public: You won't believe that you are a walk away from the restaurants and shops of Lambertville and New Hope when you are at this spacious "cabin" in the woods. This custom home has a distinct modern style and was designed to capture the river views from every angle. The expansive deck allows for a seamless transition between the comfort of the home and the tranquility of the surrounding wooded retreat. The open floor plan and dual wood burning stoves with brick chimneys create a flowing space emanating warmth. The river views continue in the master bedroom with a recently updated en-suite bathroom and a large walk-in closet. The main level features hardwood and bamboo flooring, along with ceramic tile in the entry way, kitchen, and bathrooms. The lower level of the home has an attached 2 car garage and an area that could be converted into more living space if desired. With over 1.6 acres this property is like no other in Lambertville! Come experience this spectacular property and fall in love with the location, views, and unique style.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Ceramic Tile, Carpet
  • Interior Amenities: Built-Ins, Ceiling Fan(s), Central Vacuum, Entry Level Bedroom, Floor Plan - Open, Pantry, Recessed Lighting, Skylight(s), Walk-In Closet(s), Wood Floors, Stove - Wood
  • Window Features: Skylights
  • Fireplace Features: Wood, Flue For Stove, Brick
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Office, Primary Bathroom
  • Basement: Yes
  • Basement Type: Garage Access, Interior Access, Partial, Walkout Level
  • Laundry Type: Main Floor
  • Total Sq Ft: 1916
  • Living Area Sq Ft: 1916
  • Price Per Sq Ft: 247.86
  • Above Grade Finished Sq Ft: 1916
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 257

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • View: River, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Built In, Basement Garage, Garage - Side Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Central, Forced Air, Heat Pump(s), Wood Burn Stove
  • Heating: Yes
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: SOUTH HUNTERDON REGIONAL
  • Elementary School: LAMBERTVILLE E.S.
  • Middle School: SOUTH HUNTERDON REGIONAL M.S.
  • High School: SOUTH HUNTERDON REGIONAL H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396159
  • School District Source: Listing Agent
  • Elementary School: LAMBERTVILLE E.S.
  • High School: SOUTH HUNTERDON REGIONAL H.S.
  • Middle Or Junior School: SOUTH HUNTERDON REGIONAL M.S.

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: Property has one large parcel in Lambertville, and a small adjoining parcel in West Amwell Township.
  • Improvement Assessed Value: 234200.00
  • Land Assessed Value: 226600.00
  • Lot Features: Additional Lot(s), Backs To Trees
  • Lot Size Acres: 1.64
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 71438.40
  • Year Assessed: 2018
  • Zoning: R-L

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3713125
  • Tax Annual Amount: 9607.00
  • Assessor Parcel Number: 17-01057-00008
  • Tax Lot: 00008
  • Tax Total Finished Sq Ft: 2034
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 03/20/2020

MLS Schools

  • School District Name: SOUTH HUNTERDON REGIONAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2013
Sold by
Mangano Gaetan P and Windish Taye C
Bought by
Mangano Gaetan P and Windish Taye C
Current Estimated Value
$618,278

Purchase Details

Closed on
Jan 16, 1998
Sold by
Koch Edward T
Bought by
Mason Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$17,876
Interest Rate
7.11%
Estimated Equity
$600,402

Purchase Details

Closed on
Jul 18, 1990
Sold by
Crosby Richard E and Crosby Anne C
Bought by
Koch Edward T and Koch Joan S
Source: Public Records

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
Mangano Gaetan P -- None Available
Mason Robert J $252,000 --
Koch Edward T $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mason Robert J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2020 03/20/20 Sold $425,000 -10.5% $222 / Sq Ft
02/25/2020 02/25/20 Pending -- -- --
09/27/2019 09/27/19 For Sale $474,900 -- $248 / 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
2025 $11,689 $516,400 $276,000 $240,400
2024 $11,340 $505,800 $269,500 $236,300
2023 $11,340 $484,200 $250,000 $234,200
2022 $11,185 $484,200 $250,000 $234,200
2021 $9,770 $461,500 $227,300 $234,200
2020 $10,250 $461,500 $227,300 $234,200
2019 $9,770 $461,500 $227,300 $234,200
2018 $9,608 $460,800 $226,600 $234,200
2017 $9,378 $459,500 $225,300 $234,200
2016 $9,169 $458,200 $224,000 $234,200
2015 $9,068 $449,600 $217,500 $232,100
2014 $8,961 $449,600 $217,500 $232,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJHT105646

Bright MLS

APN: 17-01057-0000-00008