NOT LISTED FOR SALE

327-329 Nassau St Princeton, NJ 08540

Estimated Value: $1,048,777 - $1,304,000

-- Bed
-- Bath
-- Sq Ft
0.38 Acres

Last Sold December 23, 2015

Last sale price $725,000

Est. 67% increase in value since last sale

Current estimated payment $7,793/month

Highlights

  • Wood Flooring
  • No HOA
  • En-Suite Primary Bedroom
  • Riverside Elementary School Rated A
  • Shed
  • 2-minute walk to Harrison Street Park

About This Home

As of December 2015

Enjoy the bustle of downtown Princeton - Historic Jugtown location, great investment opportunity! This is a fully occupied 2-family clapboard colonial style dwelling built circa 1870. The smaller side has 2 bedrooms, 1 full bath & 2 allotted parking spaces, w/direct access to the basement for storage. The other larger side is a 2/3 bedroom, 2 full baths & 2 allotted parking spaces w/direct access to the basement for storage. Both are updated appropriately. They are cozy & quaint w/low ceiling heights in the kitchen area. The shared bricked driveway provides access to parking and is deeded to the single family home next door. Beyond, a stone pathway ambles alongside tall trees to an entrance to Harrison Street Park. Remark here were revised after property into contract - reach LA with questions.

Last Agent to Sell the Property

Amy Worthington

(609) 647-8910 AWorthington@CallawayHenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #122139 Listed on: 11/06/2015

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Amy Worthington

(609) 647-8910 AWorthington@CallawayHenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #122139 Listed on: 11/06/2015

Callaway Henderson Sotheby's Int'l-Princeton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,113

Year Built

  • Built in 1900

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 30x166

Parking

  • 5 Open Parking Spaces

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Pitched Roof
  • Shingle Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • Ceiling Fan
  • Replacement Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Flooring

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

Outdoor Features

  • Shed
  • Storage Shed

Schools

  • Riverside Elementary School
  • J Witherspoon Middle School
  • Princeton High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Zoned Heating
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Oil Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $11,113

Listing and Financial Details

  • Tax Lot 00064
  • Assessor Parcel Number 14-00052 01-00064

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,113

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • Inclusions: All Appliances, Ceiling Fans, Light Fixtures & Window Blinds As Exist.
  • New Construction: No
  • Storage: Basement, Shed
  • Year Built: 1900
  • Remarks Public: Enjoy the bustle of downtown Princeton - Historic Jugtown location, great investment opportunity! This is a fully occupied 2-family clapboard colonial style dwelling built circa 1870. The smaller side has 2 bedrooms, 1 full bath & 2 allotted parking spaces, w/direct access to the basement for storage. The other larger side is a 2/3 bedroom, 2 full baths & 2 allotted parking spaces w/direct access to the basement for storage. Both are updated appropriately. They are cozy & quaint w/low ceiling heights in the kitchen area. The shared bricked driveway provides access to parking and is deeded to the single family home next door. Beyond, a stone pathway ambles alongside tall trees to an entrance to Harrison Street Park. Remark here were revised after property into contract - reach LA with questions.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl, Tile/Brick
  • Interior Amenities: Ceiling Fan(s)
  • Window Features: Replacement
  • Fireplace: No
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Street Number Modifier: 327-329

Exterior Features

  • Construction Materials: Wood Siding, Brick, Stone
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 5

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Oil, Natural Gas
  • Heating Type: Oil, Gas, Hot Water, Baseboard, Zoned
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: RIVERSIDE
  • Middle School: J WITHERSPOON
  • High School: PRINCETON
  • School District Key: 300200396175
  • Elementary School: RIVERSIDE
  • High School: PRINCETON
  • Middle Or Junior School: J WITHERSPOON

Lot Info

  • Improvement Assessed Value: 168400.00
  • Land Assessed Value: 334000.00
  • Lot Size Acres: 0.38
  • Lot Dimensions: 30X166
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4979.00
  • Zoning: R3JP

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 96300.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 2140714
  • Tax Annual Amount: 11113.00
  • Assessor Parcel Number: 14-00052 01-00064
  • Tax Lot: 00064
  • Tax Year: 2015
  • Close Date: 12/23/2015

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2015
Closed on
Dec 11, 2015
Sold by
Foley John C
Bought by
Brown Brooke A
Seller's Agent
Amy Worthington
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Amy Worthington
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$1,400,000
Sold Price
$725,000
Premium/Discount to List
-$675,000
-48.21%
Current Estimated Value
$1,208,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$483,194
Avg. Annual Appreciation
5.36%
Original Mortgage
$525,000
Outstanding Balance
$416,427
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$791,767

Purchase Details

Closed on
Jun 8, 2010
Sold by
Lombardo Frank L and Lombardo Martin P
Bought by
Foley John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2009
Sold by
Lombardo Martin P
Bought by
Lombardo Martin P and Lombardo Catherine
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
Brown Brooke A $725,000 First American Title
Foley John C $500,000 Multiple
Lombardo Martin P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Brooke A $525,000
Previous Owner Foley John C $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2015 12/23/15 Sold $725,000 -48.2% --
11/11/2015 11/11/15 Pending -- -- --
11/06/2015 11/06/15 For Sale $1,400,000 0.0% --
04/21/2015 04/21/15 Rented $1,950 0.0% --
04/08/2015 04/08/15 Under Contract -- -- --
11/08/2014 11/08/14 For Rent $1,950 +5.4% --
04/30/2013 04/30/13 Rented $1,850 -2.6% --
04/28/2013 04/28/13 Under Contract -- -- --
04/12/2013 04/12/13 For Rent $1,900 -17.4% --
03/15/2012 03/15/12 Rented $2,300 -28.1% --
03/10/2012 03/10/12 Under Contract -- -- --
12/21/2011 12/21/11 For Rent $3,200 -- --
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 $16,638 $624,800 $430,000 $194,800
2024 $15,707 $624,800 $430,000 $194,800
2023 $15,707 $624,800 $430,000 $194,800
2022 $14,903 $612,800 $430,000 $182,800
2021 $14,946 $612,800 $430,000 $182,800
2020 $14,830 $612,800 $430,000 $182,800
2019 $14,536 $612,800 $430,000 $182,800
2018 $14,291 $612,800 $430,000 $182,800
2017 $14,094 $612,800 $430,000 $182,800
2016 $11,374 $502,400 $334,000 $168,400
2015 $11,113 $502,400 $334,000 $168,400
2014 $10,977 $502,400 $334,000 $168,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002733480

Bright MLS

APN: 14-00052-01-00064