$613,000
SOLD MAY 15, 2024

31 Fair Acres Ct Princeton, NJ 08540

3 Beds
2.5 Baths
2,153 Sq Ft
$423/mo HOA Fee

Recently Sold

$285 Per Sq Ft

17% Above List Price

5 Days on Market

Highlights

  • Colonial Architecture
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Cambridge Elementary School Rated A

About This Home

As of May 2024

Do not miss this Northeast facing, 3 Bed, 2.5 Bath townhouse with a 3rd floor loft! Upon entering you will notice the gleaming hardwood floors and natural lighting throughout the main level. The first floor consists of an updated kitchen with beautiful white kitchen cabinets and countertops, an open concept living / dining room with fireplace, a breakfast nook (currently an office) and a powder room. Upstairs you will find a spacious master suite with 2 large walk-in closets and a private ensuite. 2 additional bedrooms, a shared full bathroom and hallway laundry complete the second level. The 3rd floor loft is ideal for extra living space, a private office or ample walk-in storage. The color palette throughout the home is neutral making it easy for the the new owners to settle right in. Out back you will be greeted by the paver patio and grassy knoll creating an additional layer of privacy. Additional upgrades include: New Windows (2023), Updated Kitchen (2022), Variable Speed Furnace (2021) and New Carpets in bedrooms (2019). There is easy access to the NYC bus line, downtown Kingston and Princeton. Close to all major highways and NJ Transit Lines. Located in a quaint community with South Brunswick schools as a plus.

Last Agent to Sell the Property

Kathleen Bonchev

Queenston Realty, LLC License #1328642 Listed on: 04/04/2024

Last Buyer's Agent

Amanda Botwood

Compass New Jersey, LLC - Princeton License #2076617

Compass New Jersey, LLC - Princeton

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,312

Year Built

  • Built in 1991

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
  • Vinyl Siding

Interior Spaces

  • 2,153 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • South Brunswick High School

Utilities

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

Community Details

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

Listing and Financial Details

  • Tax Lot 00031
  • Assessor Parcel Number 21-00097 17-00031

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,312

Year Built

Built in 1991

Lot Details

0

HOA Fees

$423 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1991
  • Automatically Close On Close Date: No
  • Remarks Public: Do not miss this Northeast facing, 3 Bed, 2.5 Bath townhouse with a 3rd floor loft! Upon entering you will notice the gleaming hardwood floors and natural lighting throughout the main level. The first floor consists of an updated kitchen with beautiful white kitchen cabinets and countertops, an open concept living / dining room with fireplace, a breakfast nook (currently an office) and a powder room. Upstairs you will find a spacious master suite with 2 large walk-in closets and a private ensuite. 2 additional bedrooms, a shared full bathroom and hallway laundry complete the second level. The 3rd floor loft is ideal for extra living space, a private office or ample walk-in storage. The color palette throughout the home is neutral making it easy for the the new owners to settle right in. Out back you will be greeted by the paver patio and grassy knoll creating an additional layer of privacy. Additional upgrades include: New Windows (2023), Updated Kitchen (2022), Variable Speed Furnace (2021) and New Carpets in bedrooms (2019). There is easy access to the NYC bus line, downtown Kingston and Princeton. Close to all major highways and NJ Transit Lines. Located in a quaint community with South Brunswick schools as a plus.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 2153
  • Living Area Sq Ft: 2153
  • Price Per Sq Ft: 243.85
  • 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
  • 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
  • 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
  • Water Source: Public

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
  • High School: SOUTH BRUNSWICK H.S.
  • High School Source: Listing Agent
  • School District Key: 300200396580
  • School District Source: Listing Agent
  • High School: SOUTH BRUNSWICK H.S.

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2023
  • Zoning: MF

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 8312.00
  • Assessor Parcel Number: 21-00097 17-00031
  • Tax Lot: 00031
  • Tax Total Finished Sq Ft: 2153
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 05/15/2024

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

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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 $613,000 Acres Land Title
Deed $360,000 Old Republic Natl Ttl Ins Co
Deed $370,000 None Available
Deed $404,000 --
Deed $289,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $346,325 FHA
Previous Owner $364,283 FHA
Previous Owner $304,000 New Conventional
Previous Owner $231,900 No Value Available
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: NJMX2006616

Bright MLS

APN: 21-00097-17-00031