$400,000
SOLD DEC 30, 2024

31 Colonial Lake Dr Lawrence Township, NJ 08648

4 Beds
2.5 Baths
2,298 Sq Ft
1970 Built

Recently Sold

$174 Per Sq Ft

27% Below List Price

22 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Lake View
  • Wood Flooring
  • Lawrence High School Rated A-
  • Colonial Architecture
  • 1 Fireplace

About This Home

As of April 2025

Location, location, location! This lovely 4 bedroom, 2.5 bath colonial home is nestled on a lakefront property in sought-after Colonial Lakes! You will love the serene environment of the beautifully landscaped backyard overlooking the walking trail and lake views. Put your own touches to make this home yours! This home offers a spacious floor plan complete with a remodeled kitchen, replacement windows on the first level, hardwood floors, and a generator. The first floor has a versatile private sunken living room that could serve as a study, home office, play room, and more. The laundry room is located conveniently on the first level. With interior TLC, make this home your perfect oasis!

Last Agent to Sell the Property

Joe DeLorenzo

RE/MAX of Princeton License #9483422 Listed on: 11/18/2024

RE/MAX of Princeton

Co-Listed By

Stacey Lederman

RE/MAX of Princeton

Last Buyer's Agent

Joe DeLorenzo

RE/MAX of Princeton License #9483422 Listed on: 11/18/2024

RE/MAX of Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,643

Year Built

  • Built in 1970

Lot Details

  • 50 Feet of Waterfront
  • Lake Front
  • Property is zoned R-4

Parking

  • 2 Car Attached Garage
  • 2 Driveway Spaces
  • Front Facing Garage
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,298 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Replacement Windows
  • Family Room
  • Living Room
  • Dining Room
  • Lake Views
  • Partial Basement

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Water Access
  • Property is near a lake

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Colonial Lakes Subdivision

Listing and Financial Details

  • Tax Lot 00014
  • Assessor Parcel Number 07-02101-00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,643

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: washer, dryer, refrigerator, generator
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-11-18
  • Federal Flood Zone: No
  • Year Built: 1970
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Location, location, location! This lovely 4 bedroom, 2.5 bath colonial home is nestled on a lakefront property in sought-after Colonial Lakes! You will love the serene environment of the beautifully landscaped backyard overlooking the walking trail and lake views. Put your own touches to make this home yours! This home offers a spacious floor plan complete with a remodeled kitchen, replacement windows on the first level, hardwood floors, and a generator. The first floor has a versatile private sunken living room that could serve as a study, home office, play room, and more. The laundry room is located conveniently on the first level. With interior TLC, make this home your perfect oasis!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Entry Floor: 1
  • Flooring Type: Ceramic Tile, Wood
  • Interior Amenities: Wood Floors
  • Window Features: Replacement
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Laundry
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Main Floor
  • Total Sq Ft: 2298
  • Living Area Sq Ft: 2298
  • Price Per Sq Ft: 239.34
  • Above Grade Finished Sq Ft: 2298
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 31

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Shingle
  • Spa: No
  • View: Lake
  • Water Access: Yes
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes
  • Water Frontage In Feet: 50

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, On Street, Attached Garage
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District: LAWRENCE TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200397290
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Year Assessed: 2023
  • Zoning: R-4

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 8643.00
  • Assessor Parcel Number: 07-02101-00014
  • Tax Lot: 00014
  • Tax Total Finished Sq Ft: 2298
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 12/30/2024

MLS Schools

  • School District Name: LAWRENCE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2025
Closed on
Apr 11, 2025
Sold by
31 Colonial Lake Llc
Bought by
Salmeri Keith Michael and Buber Christine Marie
Seller's Agent
Joe DeLorenzo
RE/MAX of Princeton
Buyer's Agent
Dawn Monsport
Keller Williams Real Estate - Princeton
List Price
$597,500
Sold Price
$632,800
Premium/Discount to List
$35,300
5.91%
Views
54
Current Estimated Value
$610,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,588
Avg. Annual Appreciation
-13.53%

Purchase Details

Listed on
Nov 18, 2024
Closed on
Dec 30, 2024
Sold by
Bowers Marilyn
Bought by
31 Colonial Lake Llc
Seller's Agent
Joe DeLorenzo
RE/MAX of Princeton
Buyer's Agent
Joe DeLorenzo
RE/MAX of Princeton
List Price
$550,000
Sold Price
$400,000
Premium/Discount to List
-$150,000
-27.27%
Views
115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
386.32%
Source: Public Records

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Range of Values:

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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 $632,800 Goldstone Title
Deed $400,000 Westcor Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Sold $632,800 +5.9% $275 / Sq Ft
03/10/2025 03/10/25 Pending -- -- --
03/07/2025 03/07/25 For Sale $597,500 +49.4% $260 / Sq Ft
12/30/2024 12/30/24 Sold $400,000 -27.3% $174 / Sq Ft
11/18/2024 11/18/24 For Sale $550,000 -- $239 / 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
2024 $8,643 $284,700 $88,400 $196,300
2023 $8,643 $284,700 $88,400 $196,300
2022 $8,487 $284,700 $88,400 $196,300
2021 $8,379 $284,700 $88,400 $196,300
2020 $8,262 $284,700 $88,400 $196,300
2019 $8,157 $284,700 $88,400 $196,300
2018 $7,972 $284,700 $88,400 $196,300
2017 $7,935 $284,700 $88,400 $196,300
2016 $7,818 $284,700 $88,400 $196,300
2015 $7,601 $284,700 $88,400 $196,300
2014 $7,459 $284,700 $88,400 $196,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2049966

Bright MLS

APN: 07-02101-0000-00014