NOT LISTED FOR SALE

361 Nassau St Princeton, NJ 08540

Estimated Value: $1,209,321

3 Beds
4 Baths
-- Sq Ft
5,871 Sq Ft Lot

Last Sold August 29, 2017

Last sale price $800,000

Est. 51% increase in value since last sale

Current estimated payment $8,051/month

Highlights

  • Colonial Architecture
  • Wood Flooring
  • No HOA
  • Riverside Elementary School Rated A
  • 2 Fireplaces
  • 2-minute walk to Harrison Street Park

About This Home

As of August 2017

NEW Price and Location,Location,Location.Fantastic opportunity on Nassau Street with multi-use zoning and new price ! This elegant 1850's home on historic Nassau Street, in Princeton's Jugtown District, has been modernized to serve both Commercial and Residential needs. Great light illuminates wonderful period charm and details like polished wood doorknobs, original cabinetry and hardwood floors. The 1st floor is currently utilized as commercial space, including a wonderful entrance hall (the home's original dining room), a conference room with built-ins, an office, and a half bath, plus a large, airy workspace adjoining a kitchenette. Boasting it's own entrance, a bright 2 bedroom /1.5 bath apartment offers an eat-in-kitchen, living room with built-ins, and a convenient laundry. A sunny 3rd bonus room with full bath fills the sun-filled top floor. Off-street parking for 6 cars is an in-town rarity!

Last Agent to Sell the Property

Carolynn Kirch

(908) 420-1208 ckirch@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #9799797 Listed on: 04/18/2016

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Tina Chen

(908) 240-7371 tina.chen.nj@gmail.com Coldwell Banker Residential Brokerage-Hillsborough License #9799397

Coldwell Banker Residential Brokerage-Hillsborough

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,733

Year Built

  • Built in 1866

Lot Details

  • 5,871 Sq Ft Lot
  • Lot Dimensions are 57x103
  • Level Lot
  • Open Lot
  • Property is in good condition
  • Property is zoned NB

Parking

  • 3 Open Parking Spaces

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Pitched Roof
  • Metal Roof
  • Stucco

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • 2 Fireplaces
  • Non-Functioning Fireplace
  • Living Room
  • Unfinished Basement
  • Partial Basement
  • Laundry on upper level

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 4 Bathrooms

Schools

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

Utilities

  • Central Air
  • Heating System Uses Gas
  • Baseboard Heating
  • 200+ Amp Service
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00083
  • Assessor Parcel Number 14-00053 01-00083

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,733

Year Built

Built in 1866

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Washer Dryer Range Refrigerator Dishwasher
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1866
  • Remarks Public: NEW Price and Location,Location,Location.Fantastic opportunity on Nassau Street with multi-use zoning and new price ! This elegant 1850's home on historic Nassau Street, in Princeton's Jugtown District, has been modernized to serve both Commercial and Residential needs. Great light illuminates wonderful period charm and details like polished wood doorknobs, original cabinetry and hardwood floors. The 1st floor is currently utilized as commercial space, including a wonderful entrance hall (the home's original dining room), a conference room with built-ins, an office, and a half bath, plus a large, airy workspace adjoining a kitchenette. Boasting it's own entrance, a bright 2 bedroom /1.5 bath apartment offers an eat-in-kitchen, living room with built-ins, and a convenient laundry. A sunny 3rd bonus room with full bath fills the sun-filled top floor. Off-street parking for 6 cars is an in-town rarity!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Dishwasher
  • Flooring Type: Wood, Fully Carpeted
  • Interior Amenities: Butlers Pantry, Ceiling Fan(s), Kitchen - Eat-In
  • Fireplace Features: Non-Functioning
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Entry Location: Foyer
  • Foundation Details: Stone
  • Levels Count: 3+
  • Room Count: 11
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Laundry Type: Upper Floor
  • Street Number Modifier: 361

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Stucco
  • Access To Pool: No
  • Exterior Features: Sidewalks
  • Roof: Pitched, Metal
  • 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: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Baseboard
  • 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: 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: 320600.00
  • Land Assessed Value: 418500.00
  • Lot Features: Level, Open
  • Lot Size Acres: 0.13
  • Lot Dimensions: 57X103
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5871.00
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: NB

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2140771
  • Tax Annual Amount: 16733.00
  • Assessor Parcel Number: 14-00053 01-00083
  • Tax Lot: 00083
  • Tax Year: 2016
  • Close Date: 08/29/2017

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2016
Closed on
Aug 28, 2017
Sold by
Cook Raymond L
Bought by
B&T Princeton Llc
Seller's Agent
Carolynn Kirch
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Tina Chen
Coldwell Banker Residential Brokerage-Hillsborough
List Price
$999,000
Sold Price
$800,000
Premium/Discount to List
-$199,000
-19.92%
Current Estimated Value
$1,209,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,321
Avg. Annual Appreciation
4.49%

Purchase Details

Closed on
Jul 28, 1999
Sold by
Cook Mary
Bought by
Cook Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.61%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
B&T Princeton Llc $800,000 Providence Abstract Llc
Cook Raymond $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cook Raymond $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2017 08/29/17 Sold $800,000 -3.0% --
07/19/2017 07/19/17 Pending -- -- --
06/27/2017 06/27/17 Price Changed $825,000 -7.8% --
04/17/2017 04/17/17 Price Changed $895,000 -3.2% --
11/15/2016 11/15/16 Price Changed $925,000 -7.4% --
11/01/2016 11/01/16 For Sale $999,000 0.0% --
10/20/2016 10/20/16 Pending -- -- --
08/08/2016 08/08/16 Price Changed $999,000 -13.1% --
04/18/2016 04/18/16 For Sale $1,150,000 -- --
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 $19,682 $739,100 $418,500 $320,600
2024 $18,581 $739,100 $418,500 $320,600
2023 $18,581 $739,100 $418,500 $320,600
2022 $17,975 $739,100 $418,500 $320,600
2021 $18,027 $739,100 $418,500 $320,600
2020 $17,886 $739,100 $418,500 $320,600
2019 $17,531 $739,100 $418,500 $320,600
2018 $17,236 $739,100 $418,500 $320,600
2017 $16,999 $739,100 $418,500 $320,600
2016 $16,733 $739,100 $418,500 $320,600
2015 $16,349 $739,100 $418,500 $320,600
2014 $16,149 $739,100 $418,500 $320,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003334165

Bright MLS

APN: 14-00053-01-00083