NOT LISTED FOR SALE

31 Fair Acres Ct Princeton, NJ 08540

Estimated Value: $643,000 - $669,000

3 Beds
2.5 Baths
2,153 Sq Ft
$303/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $613,000 $285 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,724/month

Highlights

  • Colonial Architecture
  • Loft
  • Breakfast Area or Nook
  • Cambridge Elementary School Rated A
  • 1 Fireplace
  • <<doubleOvenToken>>

About This Home

As of July 2024

Introducing this remarkable Northeast facing, 3 Bed, 2.5 Bath townhouse featuring a coveted 3rd floor loft. Step inside to discover neutral paintwork, luminous hardwood floors, and natural light that grace the main level, where an updated kitchen with beautiful cabinets and countertops, an open living/dining room with a charming fireplace, a versatile breakfast nook, and a convenient powder room await. Upstairs, the spacious master suite offers 2 large closets and a private ensuite, while 2 additional bedrooms, a shared full bathroom, and laundry complete the second level. The 3rd floor loft presents endless possibilities, whether for extra living space, a private office, or a recreation room. Outside, the paver patio and grassy knoll provide a private retreat, perfect for relaxation and outdoor enjoyment. Notable upgrades include new windows (2023), an updated kitchen (2022), a variable speed furnace (2021), new water heater 2024, and new carpets in the bedrooms (2019). One car garage, driveway parking for one, and off street parking in neighborhood. This home also offers easy access to the NYC bus line, downtown Kingston, and Princeton, as well as close proximity to major highways and NJ Transit lines. Located in a charming community with the added benefit of South Brunswick schools, this townhouse presents a wonderful opportunity to embrace comfortable, modern living in a prime location.

Last Agent to Rent the Property

Amanda Botwood

Compass New Jersey, LLC - Princeton License #2076617 Listed on: 05/18/2024

Compass New Jersey, LLC - Princeton

Last Renter's Agent

Amanda Botwood

Compass New Jersey, LLC - Princeton License #2076617 Listed on: 05/18/2024

Compass New Jersey, LLC - Princeton

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,328

Year Built

  • Built in 1991

Lot Details

  • Property is in excellent condition

HOA Fees

  • $423 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Driveway Space
  • Front Facing Garage
  • Parking Lot

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,153 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Combination Dining and Living Room
  • Loft
  • Carpet

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook
  • <<doubleOvenToken>>
  • Gas Oven or Range
  • <<builtInMicrowave>>
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Cambridge Elementary School
  • Crossroads South Middle School
  • South Brunswick High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Residential Lease
  • Security Deposit $6,000
  • Requires 1 Month of Rent Paid Up Front
  • Tenant pays for cable TV, electricity, gas, insurance, sewer, all utilities, water
  • The owner pays for insurance, real estate taxes, association fees
  • Rent includes snow removal, taxes, trash removal
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 5/18/24
  • Assessor Parcel Number 21-00097 17-00031

Community Details

Overview

  • Association fees include common area maintenance, snow removal, lawn maintenance, exterior building maintenance, trash
  • Fair Acres Condominium Association
  • Fair Acres Community Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,328

Year Built

Built in 1991

Lot Details

0

HOA Fees

$423 per month

Parking

1

Rental Info

  • Date Available: 2024-05-18
  • Months Rent Up Front: 1.0
  • Owner Pays: Insurance, Taxes - Real Estate, Association Fees
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Rent Includes: Snow Removal, Taxes, Trash Removal
  • Security Deposit: 6000.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Cable Tv, Electricity, Gas, Insurance, Sewer, Utilities - All, Water
  • 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: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1991
  • Automatically Close On Close Date: No
  • Remarks Public: Introducing this remarkable Northeast facing, 3 Bed, 2.5 Bath townhouse featuring a coveted 3rd floor loft. Step inside to discover neutral paintwork, luminous hardwood floors, and natural light that grace the main level, where an updated kitchen with beautiful cabinets and countertops, an open living/dining room with a charming fireplace, a versatile breakfast nook, and a convenient powder room await. Upstairs, the spacious master suite offers 2 large closets and a private ensuite, while 2 additional bedrooms, a shared full bathroom, and laundry complete the second level. The 3rd floor loft presents endless possibilities, whether for extra living space, a private office, or a recreation room. Outside, the paver patio and grassy knoll provide a private retreat, perfect for relaxation and outdoor enjoyment. Notable upgrades include new windows (2023), an updated kitchen (2022), a variable speed furnace (2021), new water heater 2024, and new carpets in the bedrooms (2019). One car garage, driveway parking for one, and off street parking in neighborhood. This home also offers easy access to the NYC bus line, downtown Kingston, and Princeton, as well as close proximity to major highways and NJ Transit lines. Located in a charming community with the added benefit of South Brunswick schools, this townhouse presents a wonderful opportunity to embrace comfortable, modern living in a prime location.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Freezer, Oven - Double, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Kitchen - Galley, Skylight(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 2
  • Room List: Loft
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 2153
  • Living Area Sq Ft: 2153
  • Price Per Sq Ft: 1.86
  • Above Grade Finished Sq Ft: 2153
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 31

Beds/Baths

  • Bedrooms: 3
  • 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: Vinyl Siding
  • Roof: Asphalt
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, Parking Lot
  • Number of Spaces in Driveway: 1

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
  • Utilities: Cable Tv, Water Available, Sewer Available, Natural Gas Available, Electric Available
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA Fees: 423.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal, Lawn Maintenance, Ext Bldg Maint, Trash
  • HOA Name: FAIR ACRES CONDOMINIUM ASSOCIATION
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: SOUTH BRUNSWICK TOWNSHIP PUBLIC SCHOOLS
  • Elementary School: CAMBRIDGE
  • Middle School: CROSSROADS SOUTH
  • High School: SOUTH BRUNSWICK H.S.
  • Elementary School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200396580
  • School District Source: Listing Agent
  • Elementary School: CAMBRIDGE
  • High School: SOUTH BRUNSWICK H.S.
  • Middle Or Junior School: CROSSROADS SOUTH

Lot Info

  • Lot Size Units: Square Feet
  • Property Condition: Excellent
  • Zoning: MF

Tax Info

  • Assessor Parcel Number: 21-00097 17-00031
  • Close Date: 07/01/2024

MLS Schools

  • School District Name: SOUTH BRUNSWICK TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2024
Closed on
May 13, 2024
Sold by
Shipan Jeffrey and Temkin Rebecca
Bought by
Stephen Investments Llc
Seller's Agent
Amanda Botwood
Compass New Jersey, LLC - Princeton
Buyer's Agent
Amanda Botwood
Compass New Jersey, LLC - Princeton
Sold Price
$4,000
Views
28
Current Estimated Value
$653,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$649,006
Avg. Annual Appreciation
5.65%

Purchase Details

Listed on
May 9, 2019
Closed on
Jul 11, 2019
Sold by
Jeter Wayne and Jeter Debra
Bought by
Shipan Jeffrey and Temkin Rebecca
Seller's Agent
Jennifer Tome-Berry
BHHS Fox & Roach - Princeton
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$380,000
Sold Price
$360,000
Premium/Discount to List
-$20,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.70%

Purchase Details

Closed on
May 28, 2008
Sold by
Scott Theda
Bought by
Jeter Wayne and Jeter Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,283
Interest Rate
6.13%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 23, 2006
Sold by
Wall Robert
Bought by
Scott Theda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2002
Sold by
Czajkowska Teresa
Bought by
Wall Robert and Arkin Alison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,900
Interest Rate
6.57%
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
Stephen Investments Llc $613,000 Acres Land Title
Shipan Jeffrey $360,000 Old Republic Natl Ttl Ins Co
Jeter Wayne $370,000 None Available
Scott Theda $404,000 --
Wall Robert $289,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jeter Wayne $346,325
Previous Owner Jeter Wayne $364,283
Previous Owner Scott Theda $304,000
Previous Owner Wall Robert $231,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Rented $4,000 0.0% --
05/25/2024 05/25/24 Under Contract -- -- --
05/18/2024 05/18/24 For Rent $4,000 0.0% --
05/15/2024 05/15/24 Sold $613,000 +16.8% $285 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $525,000 +45.8% $244 / Sq Ft
07/24/2019 07/24/19 Sold $360,000 -2.7% --
06/18/2019 06/18/19 Pending -- -- --
06/05/2019 06/05/19 Price Changed $370,000 -2.6% --
05/09/2019 05/09/19 For Sale $380,000 -- --
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 $8,328 $157,700 $80,000 $77,700
2023 $8,328 $158,000 $80,000 $78,000
2022 $8,079 $158,000 $80,000 $78,000
2021 $8,044 $158,000 $80,000 $78,000
2020 $8,120 $158,000 $80,000 $78,000
2019 $8,191 $158,000 $80,000 $78,000
2018 $7,913 $158,000 $80,000 $78,000
2017 $7,900 $158,000 $80,000 $78,000
2016 $7,802 $158,000 $80,000 $78,000
2015 $7,533 $158,000 $80,000 $78,000
2014 $7,413 $158,000 $80,000 $78,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJMX2006898

Bright MLS

APN: 21-00097-17-00031