NOT LISTED FOR SALE

3 Palmer Square W Unit B Princeton, NJ 08542

Estimated Value: $635,400 - $744,000

1 Bed
1 Bath
640 Sq Ft
1932 Built

Highlights

  • Traditional Architecture
  • Community Park Elementary School Rated A+
  • Radiator

About This Home

As of August 2021

The best one bedroom condominium on Palmer Square! In a corner location on the second floor overlooking Palmer Square and Nassau Street. Rented unfurnished. This condo has been completely and elegantly renovated . With hardwood floors throughout, an inviting foyer leads to the living room with built-in cabinetry flanking wood-burning fireplace. The European kitchen features a full gas range, full size refrigerator/freezer with icemaker, dishwasher, and microwave, beautiful painted wood cabinetry with granite counter tops, and French ceramic tile backsplash. The kitchen opens to separate adjacent breakfast room. The charming bedroom offers two closets. Updated full bath. There are three A/C units. Heat and water included - Tenant only pays Gas & Electric and cable. Easy access to resident's courtyard just across the hall. A perfect place to live or a pied-a-terre in heart of Princeton. So convenient to shops and restaurants. Parking garage next to building at an extra fee. This is the premier Princeton location. Rented unfurnished.

Last Agent to Rent the Property

Barbara Iskowitz

(732) 742-9632 biskowitz@gmail.com Coldwell Banker Residential Brokerage - Princeton License #0235548 Listed on: 01/12/2021

Coldwell Banker Residential Brokerage - Princeton

Last Renter's Agent

Ellie Deardorff

(609) 658-4999 edeardorff@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #1750793

Callaway Henderson Sotheby's Int'l-Princeton

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,673

Year Built

  • Built in 1932

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 640 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Parking Fee

Utilities

  • Window Unit Cooling System
  • Radiator

Listing and Financial Details

  • Residential Lease
  • Security Deposit $3,900
  • Requires 1 Month of Rent Paid Up Front
  • Tenant pays for cable TV, electricity, gas
  • The owner pays for association fees
  • Rent includes heat
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 1/18/21
  • Assessor Parcel Number 14-00020 07-00003 02-C3B

Community Details

Overview

  • Low-Rise Condominium
  • Palmer Square Subdivision

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$10,673

Year Built

Built in 1932

Lot Details

0

Rental Info

  • Date Available: 2021-01-18
  • Months Rent Up Front: 1.0
  • Owner Pays: Association Fees
  • Pets Allowed: No
  • Rent Includes: Heat
  • Security Deposit: 3900.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Cable Tv, Electricity, Gas
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • New Construction: No
  • Story List: Main
  • Year Built: 1932
  • Automatically Close On Close Date: No
  • Remarks Public: The best one bedroom condominium on Palmer Square! In a corner location on the second floor overlooking Palmer Square and Nassau Street. Rented unfurnished. This condo has been completely and elegantly renovated . With hardwood floors throughout, an inviting foyer leads to the living room with built-in cabinetry flanking wood-burning fireplace. The European kitchen features a full gas range, full size refrigerator/freezer with icemaker, dishwasher, and microwave, beautiful painted wood cabinetry with granite counter tops, and French ceramic tile backsplash. The kitchen opens to separate adjacent breakfast room. The charming bedroom offers two closets. Updated full bath. There are three A/C units. Heat and water included - Tenant only pays Gas & Electric and cable. Easy access to resident's courtyard just across the hall. A perfect place to live or a pied-a-terre in heart of Princeton. So convenient to shops and restaurants. Parking garage next to building at an extra fee. This is the premier Princeton location. Rented unfurnished.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 640
  • Living Area Sq Ft: 640
  • Price Per Sq Ft: 3.83
  • Above Grade Finished Sq Ft: 640
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Parking Fee
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Type: Radiator
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • School District Key: 300200396175
  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Zoning: CBCP

Tax Info

  • Assessor Parcel Number: 2138964
  • Assessor Parcel Number: 14-00020 07-00003 02-C3B
  • Tax Total Finished Sq Ft: 640
  • Close Date: 08/01/2021

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2006
Sold by
Blackw2ell Barbara
Bought by
Luther Tai and Tai Lena
Current Estimated Value
$671,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Outstanding Balance
$235,864
Interest Rate
6.52%
Estimated Equity
$435,486

Purchase Details

Closed on
Sep 7, 2005
Sold by
Lincoln Trust Co
Bought by
Blackwell Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,600
Interest Rate
5.92%
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
Luther Tai $495,000 --
Blackwell Barbara $490,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luther Tai $396,000
Previous Owner Blackwell Barbara $128,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2021 08/01/21 Rented $2,450 0.0% --
06/18/2021 06/18/21 Under Contract -- -- --
03/22/2021 03/22/21 Price Changed $2,450 -5.8% $4 / Sq Ft
01/12/2021 01/12/21 For Rent $2,600 0.0% --
03/21/2020 03/21/20 Rented $2,600 0.0% --
03/11/2020 03/11/20 Under Contract -- -- --
11/25/2019 11/25/19 Price Changed $2,600 -3.7% $4 / Sq Ft
10/07/2019 10/07/19 For Rent $2,700 0.0% --
12/01/2017 12/01/17 Rented $2,700 0.0% --
11/13/2017 11/13/17 Under Contract -- -- --
10/23/2017 10/23/17 For Rent $2,700 -- --
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 $10,673 $400,800 $285,000 $115,800
2024 $10,076 $400,800 $285,000 $115,800
2023 $10,076 $400,800 $285,000 $115,800
2022 $9,747 $400,800 $285,000 $115,800
2021 $9,776 $400,800 $285,000 $115,800
2020 $9,699 $400,800 $285,000 $115,800
2019 $9,507 $400,800 $285,000 $115,800
2018 $9,347 $400,800 $285,000 $115,800
2017 $9,218 $400,800 $285,000 $115,800
2016 $9,074 $400,800 $285,000 $115,800
2015 $8,866 $400,800 $285,000 $115,800
2014 $8,757 $400,800 $285,000 $115,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME306644

Bright MLS

APN: 14 00020- 07-00003- 02-C3B