NOT LISTED FOR SALE

2801 Riverton Rd Cinnaminson, NJ 08077

Estimated Value: $348,000 - $9,479,000

6 Beds
2.5 Baths
3,992 Sq Ft
$1,231/Sq Ft Est. Value

Last Sold June 28, 2017

Last sale price $640,000 $160 Per Sq Ft

Est. 668% increase in value since last sale

Current estimated payment $26,318/month

Highlights

  • Colonial Architecture
  • Cathedral Ceiling
  • Attic
  • Cinnaminson High School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of June 2017

Own an historically significant federal style estate constructed during Jefferson's presidency. This masterpiece, dating from 1802 was built for the Lippincott family. It was one of the largest dairy farms in New Jersey, renovated in the 1870s by renowned architect Frank Furness. His period details make the home. Carved walnut balustrades, elaborate fireplace mantles, and artisanal hand painted tiles are all of museum quality. Pocket doors have etched glass that match the themes in the fireplace tiles. Heart pine floors and mahogany window shades are still magnificent after over 100 years of service. Even the door hardware is composed of intricate cast brass. Kitchen and baths are modern. The home sits on an expansive parkland of property, with five and a half acres of owned land, and two more acres that are township owned but are maintained and accessible only by this estate. There are 5 outbuildings on the property, which can be refitted as desired for multiple uses. These include a carriage house with post & beam construction to hold 5 cars. There is a barn; a milk house with half bath, used as an office and guest house; a smokehouse, used as a garden shed; and an ice house, in disrepair. These multiple buildings will ease the process of obtaining permits as the new owners create their own vision of the home for the next 200 years. A spacious entry foyer with carved walnut staircase is flanked by a living room and dining room, each generously sized and separated from the entry by elegant sliding doors. The living room, located to the east side of the home, has an elaborately sculpted walnut fireplace. It was in this room, at the prior owner's Steinway, that jazz legend Duke Ellington, a frequent houseguest, was inspired to compose his masterpiece, 'Suburban Beauty.' At the top of the stairs is a beautiful library with large windows and a glassed-in sleeping porch beyond, affording views of the leafy private yard. The house is secluded, about 100 yards off of Riverton Road. The backyard is expansive to accommodate your dreams. One could add formal gardens, an olympic pool and tennis courts, and still have room for a large pool house. We are offering the property at $995,000 with an allowance of $300,000 for your personal improvements. Other properties nearby are priced from $1.2 to 1.6 MM with much less property. The Zillow estimate is $629,507 on the Cinnaminson plot and $347,690 Moorestown plot that together comprise this property.

Last Agent to Sell the Property

Paul Canton

(609) 230-8017 paul.canton@lnf.com Long & Foster Real Estate, Inc. License #457943 Listed on: 07/06/2016

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Paul Canton

(609) 230-8017 paul.canton@lnf.com Long & Foster Real Estate, Inc. License #457943 Listed on: 07/06/2016

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,379

Year Built

  • Built in 1804

Lot Details

  • 5.2 Acre Lot
  • Back, Front, and Side Yard
  • Property is in good condition

Parking

  • 3 Car Detached Garage
  • 3 Open Parking Spaces

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Pitched Roof

Interior Spaces

  • 3,992 Sq Ft Home
  • Property has 3 Levels
  • Cathedral Ceiling
  • Skylights
  • Family Room
  • Living Room
  • Dining Room
  • Laundry on upper level
  • Attic

Kitchen

  • Butlers Pantry
  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Schools

  • Cinnaminson High School

Utilities

  • Forced Air Heating and Cooling System
  • Radiator
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • On Site Septic
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 08-03107-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,379

Year Built

Built in 1804

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1804
  • Remarks Public: Own an historically significant federal style estate constructed during Jefferson's presidency. This masterpiece, dating from 1802 was built for the Lippincott family. It was one of the largest dairy farms in New Jersey, renovated in the 1870s by renowned architect Frank Furness. His period details make the home. Carved walnut balustrades, elaborate fireplace mantles, and artisanal hand painted tiles are all of museum quality. Pocket doors have etched glass that match the themes in the fireplace tiles. Heart pine floors and mahogany window shades are still magnificent after over 100 years of service. Even the door hardware is composed of intricate cast brass. Kitchen and baths are modern. The home sits on an expansive parkland of property, with five and a half acres of owned land, and two more acres that are township owned but are maintained and accessible only by this estate. There are 5 outbuildings on the property, which can be refitted as desired for multiple uses. These include a carriage house with post & beam construction to hold 5 cars. There is a barn; a milk house with half bath, used as an office and guest house; a smokehouse, used as a garden shed; and an ice house, in disrepair. These multiple buildings will ease the process of obtaining permits as the new owners create their own vision of the home for the next 200 years. A spacious entry foyer with carved walnut staircase is flanked by a living room and dining room, each generously sized and separated from the entry by elegant sliding doors. The living room, located to the east side of the home, has an elaborately sculpted walnut fireplace. It was in this room, at the prior owner's Steinway, that jazz legend Duke Ellington, a frequent houseguest, was inspired to compose his masterpiece, 'Suburban Beauty.' At the top of the stairs is a beautiful library with large windows and a glassed-in sleeping porch beyond, affording views of the leafy private yard. The house is secluded, about 100 yards off of Riverton Road. The backyard is expansive to accommodate your dreams. One could add formal gardens, an olympic pool and tennis courts, and still have room for a large pool house. We are offering the property at $995,000 with an allowance of $300,000 for your personal improvements. Other properties nearby are priced from $1.2 to 1.6 MM with much less property. The Zillow estimate is $629,507 on the Cinnaminson plot and $347,690 Moorestown plot that together comprise this property.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Oven - Wall, Dishwasher, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted, Vinyl, Tile/Brick
  • Interior Amenities: Primary Bath(s), Butlers Pantry, Skylight(s), Dining Area
  • Fireplace: No
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room Count: 11
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance
  • Laundry Type: Upper Floor
  • Total Sq Ft: 3992
  • Living Area Sq Ft: 3992
  • Net Sq Ft: 3992.00
  • Price Per Sq Ft: 249.25
  • Above Grade Finished Sq Ft: 3992
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2801

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Exterior Lighting
  • Roof: Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: CINNAMINSON TOWNSHIP PUBLIC SCHOOLS
  • High School: CINNAMINSON
  • School District Key: 300200396950
  • High School: CINNAMINSON

Lot Info

  • Improvement Assessed Value: 331600.00
  • Land Assessed Value: 119000.00
  • Lot Features: Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 5.20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 226512.00
  • Outdoor Living Structures: Roof, Patio(s), Porch(es)
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1620607
  • Tax Annual Amount: 15379.00
  • Assessor Parcel Number: 08-03107-00001
  • Tax Lot: 00001
  • Tax Year: 2016
  • Close Date: 06/28/2017

MLS Schools

  • School District Name: CINNAMINSON TOWNSHIP PUBLIC SCHOOLS

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2017 06/28/17 Sold $640,000 -35.7% $160 / Sq Ft
02/16/2017 02/16/17 Pending -- -- --
12/08/2016 12/08/16 For Sale $995,000 +55.5% $249 / Sq Ft
12/07/2016 12/07/16 Off Market $640,000 -- --
09/29/2016 09/29/16 Price Changed $995,000 +47.4% $249 / Sq Ft
09/09/2016 09/09/16 For Sale $675,000 +5.5% $169 / Sq Ft
09/07/2016 09/07/16 Off Market $640,000 -- --
07/06/2016 07/06/16 For Sale $675,000 -- $169 / 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 $4,443 $396,400 $146,400 $250,000
2024 $4,443 $156,600 $146,400 $10,200
2023 $4,308 $156,600 $146,400 $10,200
2022 $4,264 $156,600 $146,400 $10,200
2021 $4,208 $156,600 $146,400 $10,200
2020 $4,181 $156,600 $146,400 $10,200
2019 $4,716 $179,800 $146,400 $33,400
2018 $4,241 $166,200 $146,400 $19,800
2017 $4,278 $166,200 $146,400 $19,800
2016 $4,263 $166,200 $146,400 $19,800
2015 $4,212 $166,200 $146,400 $19,800
2014 $3,999 $166,200 $146,400 $19,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002456190

Bright MLS

APN: 22-03603-0000-00027