$1,482,000
SOLD DEC 23, 2025

348 Cherry Valley Rd Princeton, NJ 08540

5 Beds
3.5 Baths
-- Sq Ft
5.62 Acres

Recently Sold

26% Below List Price

200 Days on Market

Highlights

  • Guest House
  • Second Kitchen
  • View of Trees or Woods
  • Community Park Elementary School Rated A
  • Gourmet Kitchen
  • 5.62 Acre Lot

About This Home

As of December 2025

This positively enchanting stone home has been lightened, brightened and beautifully modernized! Thankfully, 1920’s features, like solid wood doors, brick floors and metal casement windows, were preserved and enhanced during the careful renovation. Peaked ceilings with exposed beams now feel even loftier and the living room’s grand stone fireplace commands attention against clean white walls. Antique doors were specially sourced for a much-needed coat closet added to the foyer, further evidence of thoughtful attention to detail. Serving today’s lifestyle, the breakfast room is now open to the stunning new kitchen with quartz countertops, sleek appliances and a wet bar alcove. An adjoining sunroom revels in the woodsy setting with big windows framing natural boulders and verdant foliage, as well as doors opening to a new stone patio that invites relaxation amidst rustling leaves and birdsong. Continuing the home’s signature peaked ceilings, a flexible dining room also spills out to the patio. A pebble-tiled hall bath serves three first floor bedrooms, while the upper level is reserved solely for the primary suite. A soaking tub in the totally luxe primary bath basks in woodsy views and a stacked washer/dryer is hidden beside a walk-in closet. The tiled basement has a second laundry area, as well as a wine room. With a state of the art new septic system and a fully renovated apartment above the garage, complete with a marble bath and quartz and stainless steel kitchen, you can invite guests to escape the hustle and bustle for as long as they’d like! This nestled-in-the-woods hideaway offers seclusion on 5.62 acres without sacrificing convenience, as Princeton's renowned schools and busy downtown are all surprisingly less than 3 miles away.

Last Agent to Sell the Property

Barbara Blackwell

(609) 915-5000 bblackwell@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #8531203 Listed on: 04/19/2025

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Kefi Godfrey

(609) 577-1033 kefi.godfrey@compass.com Compass New Jersey, LLC - Princeton

Compass New Jersey, LLC - Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,760

Year Built

  • Built in 1928

Lot Details

  • 5.62 Acre Lot
  • Landscaped
  • Extensive Hardscape
  • Wooded Lot
  • Backs to Trees or Woods
  • Back, Front, and Side Yard
  • Property is zoned RA

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Stone Driveway
  • Gravel Driveway

Home Design

  • Tudor Architecture
  • Cottage
  • Cabin
  • Block Foundation
  • Plaster Walls
  • Wood Siding
  • Stone Siding

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Wet Bar
  • Curved or Spiral Staircase
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Non-Functioning Fireplace
  • Bay Window
  • Sliding Windows
  • Entrance Foyer
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Solarium
  • Views of Woods
  • Attic

Kitchen

  • Gourmet Kitchen
  • Second Kitchen
  • Breakfast Room
  • Butlers Pantry
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Wine Rack

Flooring

  • Solid Hardwood
  • Tile or Brick
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Electric Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Interior and Side Basement Entry
  • Laundry in Basement
  • Crawl Space

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Flood Lights

Outdoor Features

  • Stream or River on Lot
  • Patio
  • Exterior Lighting
  • Office or Studio
  • Outbuilding
  • Porch

Schools

  • John Witherspoon Middle School
  • Princeton High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • 200+ Amp Service
  • Well
  • Oil Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Additional Features

  • Guest House
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00005
  • Assessor Parcel Number 14-00401-00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,760

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cabin/Lodge, Tudor, Cottage
  • Ownership: Fee Simple
  • Exclusions: All Fireplaces and Chimneys are sold strictly as is
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1928
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Water Heater, Washer, Stainless Steel Appliances, Refrigerator, Range Hood, Oven/Range - Electric, Microwave, Dryer - Electric
  • Flooring Type: Tile/Brick, Solid Hardwood, Ceramic Tile
  • Interior Amenities: Dining Area, Exposed Beams, Floor Plan - Traditional, Formal/Separate Dining Room, Walk-In Closet(s), Wet/Dry Bar, Wine Storage, Wood Floors, Entry Level Bedroom, Attic, 2nd Kitchen, Bathroom - Soaking Tub, Bathroom - Walk-In Shower, Built-Ins, Butlers Pantry, Kitchen - Gourmet, Pantry, Primary Bath(s), Spiral Staircase, Upgraded Countertops, Breakfast Area
  • Window Features: Bay/Bow, Sliding
  • Fireplace Features: Non-Functioning, Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Beamed Ceilings, Cathedral Ceilings, Vaulted Ceilings, Plaster Walls, Masonry
  • Foundation Details: Block, Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Foyer, Breakfast Room, Bedroom 1, Laundry, Solarium, Bathroom 1, Bathroom 2, Bathroom 3, Half Bath
  • Basement: Yes
  • Basement Type: Walkout Stairs, Unfinished, Side Entrance, Interior Access
  • Laundry Type: Basement, Upper Floor
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Office/Studio, Garage(s), Guest House
  • Construction Materials: Wood Siding, Stone
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Flood Lights, Outbuilding(s), Street Lights
  • Spa: No
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Crushed Stone, Stone Driveway
  • Garage Features: Additional Storage Area, Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Oil
  • Security: Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer/Septic System: Private Septic Tank
  • Utilities: Cable Tv, Phone
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: PRINCETON H.S.
  • Middle Or Junior School: JOHN WITHERSPOON M.S.

Lot Info

  • Additional Parcels: No
  • Lot Features: Backs To Trees, Trees/Wooded, Stream/Creek, Sideyard(s), Rear Yard, Landscaping, Front Yard
  • Lot Size Acres: 5.62
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 244807.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Zoning: RA

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 22760.00
  • Assessor Parcel Number: 14-00401-00005
  • Tax Lot: 00005
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 1989
Bought by
Suter Lauren and Patricia Key
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $190,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2025 12/23/25 Sold $1,482,000 -4.4% --
11/05/2025 11/05/25 Pending -- -- --
09/02/2025 09/02/25 Price Changed $1,550,000 -8.6% --
06/29/2025 06/29/25 Price Changed $1,695,000 -10.6% --
05/14/2025 05/14/25 Price Changed $1,895,000 -5.0% --
04/19/2025 04/19/25 For Sale $1,995,000 +81.4% --
03/19/2024 03/19/24 Sold $1,100,000 -15.4% -- View Prior Sale
02/04/2024 02/04/24 Off Market $1,300,000 -- --
10/29/2023 10/29/23 Price Changed $1,300,000 -34.8% --
08/09/2023 08/09/23 For Sale $1,995,000 -- --
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
2025 $22,761 $854,700 $531,200 $323,500
2024 $21,487 $854,700 $531,200 $323,500
2023 $21,487 $854,700 $531,200 $323,500
2022 $20,786 $854,700 $531,200 $323,500
2021 $20,846 $854,700 $531,200 $323,500
2020 $20,684 $854,700 $531,200 $323,500
2019 $20,273 $854,700 $531,200 $323,500
2018 $19,932 $854,700 $531,200 $323,500
2017 $19,658 $854,700 $531,200 $323,500
2016 $19,350 $854,700 $531,200 $323,500
2015 $18,906 $854,700 $531,200 $323,500
2014 $18,433 $843,600 $556,200 $287,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2056556

Bright MLS

APN: 14-00401-0000-00005