NOT LISTED FOR SALE

354 Franklin Ave Princeton, NJ 08540

Estimated Value: $1,260,000 - $1,571,000

4 Beds
4 Baths
2,449 Sq Ft
$576/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $835,000 $341 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $8,976/month

Highlights

  • Colonial Architecture
  • Recreation Room
  • No HOA
  • Littlebrook Elementary School Rated A+
  • Wood Flooring
  • 1-minute walk to Potts Park

About This Home

As of December 2020

Best and Final Offer by 5 pm on Tuesday 9/8. Immaculate Princeton home situated on a quaint lot in desirable Littlebrook neighborhood - just a block from Princeton Shopping Center! Almost 2,500 sq. ft. of living space with an additional finished lower level which offers a full bathroom! This meticulously kept property features 4 Bedrooms, 4 FULL bathrooms, finished basement and a 2-car garage (rare find in this neighborhood!) The sunny foyer leads into the spacious great room with fireplace and bay window. Adjacent formal dining room is perfect for entertaining and enjoyment. The remodeled eat-in kitchen includes elegant wood cabinetry, updated appliances, corner sink with garden window, as well as a breakfast area! The additional den/library which can serve as a 4th bedroom with full bath completes the main level. Upstairs is complete with a master suite which offers a remodeled, spa-like bathroom with soaking tub, jacuzzi and pedestal sink. An additional spacious bedroom, bath and in-law or au-pair suite with additional spiral staircase to the main floor, complete the upper level. The lower level has been finished and offers a full bath and kitchenette for entertaining and additional living space. Gorgeous outdoor Bluestone patio with electronic canopy. Don't miss this property as it is a truly unique find in Littlebrook!

Last Agent to Sell the Property

Aleksandr Epshteyn

(609) 903-7090 sepshteyn@gmail.com RE/MAX of Princeton Listed on: 09/03/2020

RE/MAX of Princeton

Last Buyer's Agent

Nadia Macauley

(800) 401-0486 nmacauley@weichert.com Weichert Realtors - Princeton

Weichert Realtors - Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,431

Year Built

  • Built in 1946 | Remodeled in 1988

Lot Details

  • 8,712 Sq Ft Lot
  • Property is zoned R7

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 2,449 Sq Ft Home
  • Property has 2 Levels
  • Skylights
  • Living Room
  • Dining Room
  • Recreation Room
  • Eat-In Kitchen
  • Laundry Room
  • Finished Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • In-Law or Guest Suite

Accessible Home Design

  • Doors are 32 inches wide or more

Schools

  • Littlebrook Elementary School
  • John Witherspoon Middle School
  • Princeton High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 00026
  • Assessor Parcel Number 14-07309-00026

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,431

Year Built

Built in 1946 | Remodeled in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-09-03
  • Year Built: 1946
  • Year Renovated: 1988
  • Automatically Close On Close Date: No
  • Remarks Public: Best and Final Offer by 5 pm on Tuesday 9/8. Immaculate Princeton home situated on a quaint lot in desirable Littlebrook neighborhood - just a block from Princeton Shopping Center! Almost 2,500 sq. ft. of living space with an additional finished lower level which offers a full bathroom! This meticulously kept property features 4 Bedrooms, 4 FULL bathrooms, finished basement and a 2-car garage (rare find in this neighborhood!) The sunny foyer leads into the spacious great room with fireplace and bay window. Adjacent formal dining room is perfect for entertaining and enjoyment. The remodeled eat-in kitchen includes elegant wood cabinetry, updated appliances, corner sink with garden window, as well as a breakfast area! The additional den/library which can serve as a 4th bedroom with full bath completes the main level. Upstairs is complete with a master suite which offers a remodeled, spa-like bathroom with soaking tub, jacuzzi and pedestal sink. An additional spacious bedroom, bath and in-law or au-pair suite with additional spiral staircase to the main floor, complete the upper level. The lower level has been finished and offers a full bath and kitchenette for entertaining and additional living space. Gorgeous outdoor Bluestone patio with electronic canopy. Don't miss this property as it is a truly unique find in Littlebrook!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Dining Area, Kitchen - Eat-In, Skylight(s)
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Bedroom 1, In-Law/AuPair/Suite, Laundry, Recreation Room
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 2449
  • Living Area Sq Ft: 2449
  • Price Per Sq Ft: 324.62
  • Above Grade Finished Sq Ft: 2449
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 354

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • 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
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • 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

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

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: LITTLEBROOK
  • Middle School: JOHN WITHERSPOON M.S.
  • High School: PRINCETON H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396175
  • School District Source: Listing Agent
  • Elementary School: LITTLEBROOK
  • High School: PRINCETON H.S.
  • Middle Or Junior School: JOHN WITHERSPOON M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 220000.00
  • Land Assessed Value: 335000.00
  • Lot Size Acres: 0.20
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8712.00
  • Year Assessed: 2020
  • Zoning: R7

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2144815
  • Tax Annual Amount: 13431.00
  • Assessor Parcel Number: 14-07309-00026
  • Tax Lot: 00026
  • Tax Total Finished Sq Ft: 2449
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 12/04/2020

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
Nov 24, 2020
Sold by
Novacovici Dan Lucian and Novacovici Ernilia C
Bought by
Bou Zeid Elie
Seller's Agent
Aleksandr Epshteyn
RE/MAX of Princeton
Buyer's Agent
Nadia Macauley
Weichert Realtors - Princeton
List Price
$795,000
Sold Price
$835,000
Premium/Discount to List
$40,000
5.03%
Current Estimated Value
$1,411,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$576,651
Avg. Annual Appreciation
9.86%
Original Mortgage
$510,435
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 1987
Bought by
Novacovici Dan-Lucian and Novacovici Emilia
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
Bou Zeid Elie $835,000 Allied Title Llc Suite
Novacovici Dan-Lucian $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bou Zeid Elie $510,435
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2020 12/04/20 Sold $835,000 +5.0% $341 / Sq Ft
09/10/2020 09/10/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $795,000 -- $325 / 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
2025 $17,909 $672,500 $365,000 $307,500
2024 $16,907 $672,500 $365,000 $307,500
2023 $16,907 $672,500 $365,000 $307,500
2022 $16,355 $672,500 $365,000 $307,500
2021 $13,536 $555,000 $335,000 $220,000
2020 $13,181 $555,000 $335,000 $220,000
2019 $13,165 $555,000 $335,000 $220,000
2018 $12,943 $555,000 $335,000 $220,000
2017 $12,765 $555,000 $335,000 $220,000
2016 $11,510 $508,400 $310,000 $198,400
2015 $10,996 $508,400 $310,000 $198,400
2014 $10,806 $506,000 $310,000 $196,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME300686

Bright MLS

APN: 14-07309-0000-00026