NOT LISTED FOR SALE

Estimated Value: $1,008,000 - $1,172,000

4 Beds
3.5 Baths
3,010 Sq Ft
$359/Sq Ft Est. Value

Last Sold August 15, 2023

Last sale price $890,000 $296 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $6,864/month

15 Days on Market

Highlights

  • Waterfront
  • Property is near public transit
  • Attic
  • 1.01 Acre Lot
  • Antique Architecture
  • 2 Fireplaces

About This Home

As of August 2023

Welcome to Cranbury's most character-rich home. This 1860 antique is singularly unique--from the beautiful front view/yard of the home, to the pond this home overlooks, nothing comes close. Situated on a beautiful acre on the corner of a low-travelled one-way road, and facing Grumman Ave this home feels like it could have been home to a scholar or founding father, with built-in shelving and books everywhere to complement the character in each room. There is a study/foyer at the center, leading to a large living room with a fireplace, and a sunroom that overlooks the pond. Upstairs there are two bedrooms and a bathroom, and lots of little attics and nooks for storage. There are two additional bedrooms on the main level, both with updated full bathroom suites including a large, impressive primary suite. As you go downstairs, you discover the great entertaining space, the dining room and kitchen. The kitchen is updated, and has lots of little nooks, including a pantry, bar, and half bath, and a mudroom that gets you to the side yard and hammock. The dining room has a fireplace at its center and overlooks the pond. There is a large family room being used as a library on the other side of the foyer, with walk-out to the large back patio. The back door in the foyer leads to an amazing screened porch. All of this charm is just minutes from schools (Cranbury), parks, the highways, shopping, and restaurants. It's priced to sell and just looking for a lucky buyer!

Last Agent to Sell the Property

Joe Balestriere

William Raveis Real Estate License #RES.0792559 Listed on: 06/10/2023

William Raveis Real Estate

Last Buyer's Agent

Lori Printz

Coldwell Banker Realty License #RES.0794500

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,362

Year Built

  • Built in 1860

Lot Details

  • 1.01 Acre Lot
  • Waterfront
  • Property is zoned A1

Home Design

  • Antique Architecture
  • Stone Foundation
  • Frame Construction
  • Fiberglass Roof
  • Wood Siding

Interior Spaces

  • 3,010 Sq Ft Home
  • 2 Fireplaces
  • Storage In Attic

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 5 Parking Spaces
  • Driveway

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Hot Water Circulator
  • Oil Water Heater

Community Details

  • Public Transportation

Listing and Financial Details

  • Assessor Parcel Number 242884

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,362

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Neighborhood: Cranbury
  • Property Type: Single Family For Sale
  • Style: Antique
  • Sq Ft Est Heated Above Grade: 3010
  • Total Sq Ft: 3010
  • Year Built: 1860
  • New Construction: No/Resale
  • Nearby Amenities: Park, Playground/Tot Lot, Public Transportation, Shopping/Mall
  • Remarks Public Addendum: There are too many features to note here, so you just have to see it in person to understand what you are getting! Additional Improvements : Property-wide tree safety and pruning (over $20,000) Jan 2023 New refrigerator (April 2023) New thermal windows (kitchen, dining room, sunroom, third floor hallway and third floor bedroom) 2020 New back door and side door (2020) New roof (2019) New furnace (2015) New doors in library (2012) New ductless AC/heating unit in library (2012) Custom floor in library (2012) New farmhouse sink and faucet (2012) New thermal windows in sunroom (2012) Electric circuitry upgrade (whole house) (2012)
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4549
  • Directions: Use GPS, Park on Grumman Ct if driveway has others in it.
  • Financing Used: Withheld
  • Living Area Sq Ft Per Public Record: 1655
  • Spec Assoc Asses: No
  • Street Type: Avenue
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 12
  • Total Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Attic Description: Storage Space
  • Basement Description: None
  • Appliances: Oven/Range, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 27
  • Other SqFt Description: Tax Records don't include the lower levels which are above grade living space.

Exterior Features

  • Exterior Siding: Wood
  • Foundation Type: Stone
  • Roof Information: Fiberglass Shingle
  • Waterfront Description: Pond View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: Crushed Stone
  • Total Parking Spaces: 5
  • Garage And Parking: Off Street Parking

Utilities

  • Cooling System: None
  • Heat Type: Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Oil
  • Water Source: Public Water Connected
  • Sewer: Septic

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 1.01
  • Lot Description: Some Wetlands Rolling Treed Fence - Partial
  • Zoning: A1
  • Parcel #: 242884

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 8362
  • Total Assessed Value: 334930
  • Mil Rate Total: 24.966

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2023
Closed on
Aug 15, 2023
Sold by
Zimmer Judith and Udoff Alan
Bought by
Stefenson Eric and Stevens Hayley E
Seller's Agent
Joe Balestriere
William Raveis Real Estate
Buyer's Agent
Lori Printz
Coldwell Banker Realty
List Price
$799,000
Sold Price
$890,000
Premium/Discount to List
$91,000
11.39%
Views
90
Current Estimated Value
$1,080,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,967
Avg. Annual Appreciation
8.38%
Original Mortgage
$712,000
Outstanding Balance
$697,846
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$355,224

Purchase Details

Closed on
Oct 7, 2013
Sold by
Zimmer Judith and Udoff Alan
Bought by
Zimmer Judith and Udoff Alan

Purchase Details

Closed on
Jul 27, 2010
Sold by
Lee Scott W and Okeefe Lisa
Bought by
Zimmer Judith and Udoff Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
4.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 2004
Sold by
Hoefer Rebecca L
Bought by
Lee Scott W and Okeefe Lisa
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
Stefenson Eric $890,000 None Available
Stefenson Eric $890,000 None Available
Zimmer Judith -- --
Zimmer Judith -- --
Zimmer Judith $695,000 --
Zimmer Judith $695,000 --
Lee Scott W $690,000 --
Lee Scott W $690,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stefenson Eric $712,000
Closed Stefenson Eric $712,000
Previous Owner Udoff Alan $464,000
Previous Owner Hoefer Rebecca L $547,300
Previous Owner Hoefer Rebecca L $556,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2023 08/15/23 Sold $890,000 +11.4% $296 / Sq Ft
07/03/2023 07/03/23 Pending -- -- --
06/17/2023 06/17/23 For Sale $799,000 -- $265 / Sq Ft
Source: SmartMLS

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 $13,265 $558,760 $229,710 $329,050
2024 $13,061 $558,760 $229,710 $329,050
2023 $8,362 $334,930 $183,270 $151,660
2022 $8,231 $334,930 $183,270 $151,660
2021 $7,003 $334,930 $183,270 $151,660
2020 $7,906 $334,930 $183,270 $151,660
2019 $7,636 $334,930 $183,270 $151,660
2018 $8,459 $326,220 $197,530 $128,690
2017 $8,163 $326,220 $197,530 $128,690
2016 $8,299 $326,220 $197,530 $128,690
2015 $7,454 $326,220 $197,530 $128,690
2014 $8,169 $326,220 $197,530 $128,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170574815

SmartMLS

APN: NORW-000005-000027-000001