$1,065,000
SOLD JUL 16, 2024

363 Cherry Hill Rd Princeton, NJ 08540

4.08 Acres
$261,029 Price per Acre
177,725 Sq Ft Lot

Recently Sold

18% Below List Price

827 Days on Market

About This Lot

As of July 2024

Nestled on Princeton's Ridge and only 1.8 miles from Nassau Street and Princeton University, this vacant building lot is ready for the house you've always dreamed of building. Over 4 acres of level land along with the proximity to downtown Princeton combine to make this a rare opportunity There is also access to public water, public sewer, natural gas and access to a private well for irrigation if so desired. Plans exist for a 6,800 square foot dwelling designed by Marc Brahaney or bring your own vision to the site. This lot is mostly cleared and there is a plan with Princeton to replant trees as part of the construction process. Come see!

Last Agent to Sell the Property

Judson Henderson

Callaway Henderson Sotheby's Int'l-Princeton License #9231366 Listed on: 03/08/2022

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Christina Barbiero

Callaway Henderson Sotheby's Int'l-Princeton License #0893763

Callaway Henderson Sotheby's Int'l-Princeton

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,328

Lot Details

  • 4.08 Acre Lot
  • Rural Setting
  • Flag Lot
  • Property is zoned RB

Schools

  • Community Park Elementary School
  • J Witherspoon Middle School
  • Princeton High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00011
  • Assessor Parcel Number 14-04001-00011

Property Details

Property Type

Land

Est. Annual Taxes

$11,328

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Automatically Close On Close Date: No
  • Remarks Public: Nestled on Princeton's Ridge and only 1.8 miles from Nassau Street and Princeton University, this vacant building lot is ready for the house you've always dreamed of building. Over 4 acres of level land along with the proximity to downtown Princeton combine to make this a rare opportunity There is also access to public water, public sewer, natural gas and access to a private well for irrigation if so desired. Plans exist for a 6,800 square foot dwelling designed by Marc Brahaney or bring your own vision to the site. This lot is mostly cleared and there is a plan with Princeton to replant trees as part of the construction process. Come see!
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 7.03
  • Street Number Modifier: 363

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: COMMUNITY PARK
  • Middle School: J WITHERSPOON
  • High School: PRINCETON
  • 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: COMMUNITY PARK
  • High School: PRINCETON
  • Middle Or Junior School: J WITHERSPOON

Lot Info

  • Additional Parcels: No
  • Lot Features: Flag, Rural
  • Lot Size Acres: 4.08
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 177768.00
  • Year Assessed: 2022
  • Zoning: RB
  • Farmland Preservation: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 11328.00
  • Assessor Parcel Number: 14-04001-00011
  • Tax Lot: 00011
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 07/16/2024

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2022
Closed on
Jul 12, 2024
Sold by
Huang Yibo and Zhang Ying
Bought by
363 Cherry Hill Llc
Seller's Agent
Judson Henderson
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Christina Barbiero
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$1,295,000
Sold Price
$1,065,000
Premium/Discount to List
-$230,000
-17.76%
Views
525
Current Estimated Value
$1,092,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,975
Avg. Annual Appreciation
2.36%

Purchase Details

Closed on
Jan 3, 2011
Sold by
Carlson Glazer Christine
Bought by
Huang Yibo and Zhang Ying

Purchase Details

Closed on
Dec 29, 2006
Sold by
Greenberg Herbert
Bought by
Glazer Christine Carlson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.24%

Purchase Details

Closed on
Dec 18, 2003
Sold by
Grossberg Jayson
Bought by
Greenberg Herbert and Greenberg Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.96%

Purchase Details

Closed on
Jul 26, 2001
Sold by
Mcmichael Alan
Bought by
Grossberg Jayson and Grossberg Alix

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.14%
Source: Public Records

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    Jane Henderson Kenyon Callaway Henderson Sotheby's Int'l-Princeton

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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 Type Sale Price Title Company
Bargain Sale Deed $1,065,000 24/7 Title
Deed $633,000 Foundation Title
Deed $775,000 --
Deed $750,000 --
Deed $615,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $600,000 No Value Available
Previous Owner $600,000 No Value Available
Previous Owner $275,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2024 07/16/24 Sold $1,065,000 -14.8% --
06/12/2024 06/12/24 Pending -- -- --
04/02/2024 04/02/24 Price Changed $1,250,000 +11.1% --
04/10/2023 04/10/23 Price Changed $1,125,000 -4.3% --
10/10/2022 10/10/22 Price Changed $1,175,000 -9.3% --
03/08/2022 03/08/22 For Sale $1,295,000 -- --
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 $11,710 $465,800 $465,800 $0
2023 $11,710 $465,800 $465,800 $0
2022 $11,328 $465,800 $465,800 $0
2021 $12,580 $515,800 $515,800 $0
2020 $12,482 $515,800 $515,800 $0
2019 $12,235 $515,800 $515,800 $0
2018 $12,028 $515,800 $515,800 $0
2017 $11,863 $515,800 $515,800 $0
2016 $11,678 $515,800 $515,800 $0
2015 $11,410 $515,800 $515,800 $0
2014 $11,270 $515,800 $515,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2013338

Bright MLS

APN: 14-04001-0000-00011