NOT LISTED FOR SALE

387 Gallup Rd Princeton, NJ 08540

Estimated Value: $959,000 - $1,121,000

4 Beds
3.5 Baths
2,880 Sq Ft
$354/Sq Ft Est. Value

Last Sold March 15, 2022

Last sale price $725,000 $252 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $6,936/month

8 Days on Market

Highlights

  • 2 Acre Lot
  • Colonial Architecture
  • No HOA
  • Johnson Park School Rated A+
  • 2 Fireplaces
  • 3 Car Attached Garage

About This Home

As of March 2022

*** Highest & Best Offers due 12pm Friday, 2/25.*** This two acre lot in a neighborhood of beautiful and established homes awaits new ownership. Desirable location has close proximity and access to Route 1, I-295, NYC/PHL train stations, the Lawrenceville School, and numerous area universities. Enjoy access to downtown Princeton via a paved walking/biking trail starting from the location, or choose the nearby 18.7 miles of Lawrenceville-Hopewell trails for hours of fun. A recently updated second floor with designer elements boasts four bedrooms (two fitted with California Closets systems) and three full upgraded bathrooms. Main floor has a versatile floor plan and opportunity to build to suit. Attached two car garage connected to driveway lined with cherry trees and landscaped for privacy. Rear yard offers a park-like setting for multipurpose outdoor entertainment and appreciating nature at its best. Property is being sold in AS-IS condition.

Last Agent to Sell the Property

Donna Murray

BHHS Fox & Roach - Princeton License #9702338 Listed on: 02/18/2022

BHHS Fox & Roach - Princeton

Last Buyer's Agent

Donna Murray

BHHS Fox & Roach - Princeton License #9702338 Listed on: 02/18/2022

BHHS Fox & Roach - Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,917

Year Built

  • Built in 1966

Lot Details

  • 2 Acre Lot
  • Level Lot
  • Property is zoned R1

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Frame Construction

Interior Spaces

  • 2,880 Sq Ft Home
  • Property has 2 Levels
  • 2 Fireplaces
  • Basement Fills Entire Space Under The House
  • Laundry on upper level

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Patio

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00006
  • Assessor Parcel Number 14-09502-00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,917

Year Built

Built in 1966

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-02-19
  • Year Built: 1966
  • Automatically Close On Close Date: No
  • Remarks Public: *** Highest & Best Offers due 12pm Friday, 2/25.*** This two acre lot in a neighborhood of beautiful and established homes awaits new ownership. Desirable location has close proximity and access to Route 1, I-295, NYC/PHL train stations, the Lawrenceville School, and numerous area universities. Enjoy access to downtown Princeton via a paved walking/biking trail starting from the location, or choose the nearby 18.7 miles of Lawrenceville-Hopewell trails for hours of fun. A recently updated second floor with designer elements boasts four bedrooms (two fitted with California Closets systems) and three full upgraded bathrooms. Main floor has a versatile floor plan and opportunity to build to suit. Attached two car garage connected to driveway lined with cherry trees and landscaped for privacy. Rear yard offers a park-like setting for multipurpose outdoor entertainment and appreciating nature at its best. Property is being sold in AS-IS condition.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Room Count: 10
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2880
  • Living Area Sq Ft: 2880
  • Price Per Sq Ft: 242.36
  • Above Grade Finished Sq Ft: 2880
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 387

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Upper Level Full Bathrooms: 3
  • Main Level Half 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: 3.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • 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
  • School District Key: 300200396175
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 343600.00
  • Land Assessed Value: 555000.00
  • Lot Features: Level
  • Lot Size Acres: 2.00
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2021
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2145987
  • Tax Annual Amount: 21917.00
  • Assessor Parcel Number: 14-09502-00006
  • Tax Lot: 00006
  • Tax Total Finished Sq Ft: 2880
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 03/15/2022

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2015
Closed on
Nov 5, 2015
Sold by
Franze Anthony J and Franze Kaoru
Bought by
Monga Manlsh and Monga Jennifer
Seller's Agent
Heidi Hartmann
Coldwell Banker Residential Brokerage - Princeton
Buyer's Agent
Anne Nosnitsky
BHHS Fox & Roach - Princeton
List Price
$925,000
Sold Price
$850,000
Premium/Discount to List
-$75,000
-8.11%
Total Days on Market
8
Current Estimated Value
$1,018,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,418
Avg. Annual Appreciation
1.90%
Original Mortgage
$680,000
Outstanding Balance
$543,562
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$474,856
Source: Public Records

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Range of Values:

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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
Monga Manlsh $850,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monga Manlsh $680,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2022 03/15/22 Sold $725,000 +3.9% $252 / Sq Ft
02/26/2022 02/26/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $698,000 -17.9% $242 / Sq Ft
11/06/2015 11/06/15 Sold $850,000 -5.0% $295 / Sq Ft
09/17/2015 09/17/15 Pending -- -- --
07/31/2015 07/31/15 Price Changed $895,000 -3.2% $311 / Sq Ft
04/05/2015 04/05/15 For Sale $925,000 -- $321 / 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
2024 $14,958 $595,000 $495,000 $100,000
2023 $14,958 $595,000 $495,000 $100,000
2022 $14,470 $595,000 $495,000 $100,000
2021 $21,917 $898,600 $555,000 $343,600
2020 $21,746 $833,700 $555,000 $278,700
2019 $19,775 $833,700 $555,000 $278,700
2018 $19,365 $830,400 $555,000 $275,400
2017 $18,908 $822,100 $555,000 $267,100
2016 $18,612 $822,100 $555,000 $267,100
2015 $17,935 $822,100 $555,000 $267,100
2014 $17,713 $822,100 $555,000 $267,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2012138

Bright MLS

APN: 14-09502-0000-00006