NOT LISTED FOR SALE

391 Nassau St Unit 2 Princeton, NJ 08540

Estimated Value: $888,291 - $1,032,000

2 Beds
2.5 Baths
-- Sq Ft
$292/mo HOA Fee

Last Sold July 27, 2023

Last sale price $830,000

Est. 14% increase in value since last sale

Current estimated payment $6,805/month

116 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 2 Car Attached Garage
  • Riverside Elementary School Rated A
  • Den
  • 4-minute walk to Harrison Street Park

About This Home

As of July 2023

Whether you’re starting out in your first place, a snowbird who wants to maintain a Princeton homebase, or empty-nesters searching for a stroll-everywhere spot, this townhouse-like offering on Nassau Street is a perfectly manageable size, just big enough to invite a friend for a weekend stay. Elegant McCosh Mansion, now divided into two residences, was built in 1888 for the revered university president. The smaller East unit is brimming with smart updates and all the inimitable character that makes an old home special. It all begins with a privately enclosed patio with new stamped concrete that echoes the extra guest parking pad below. A Dutch door reveals completely open living and dining areas crowned with a coffered ceiling. A long quartz-topped island offers extra seating and serving space. Fresh paint gives every inch a clean, bright feel that extends down to the renovated lower level housing an office, storage room and a new powder room, which is super practical when entering from the 2-car garage. Upstairs, a new full bath featuring a dual-head shower and stylish brushed brass hardware is yet another big-ticket upgrade. Choosing between bedrooms is no easy decision. One has a romantic Juliet balcony, a walk-in closet and a claw-foot slipper tub. The other has a working fireplace topped with a beautifully detailed mantel. The laundry is handy to both. This is truly the perfect blend of elegance and in-town ease!

(Chimney and fireplace are working but being sold as is. Please also note that the square footage registered at the township is lower than the floor plans and deed reflect.)

Last Listed By

Ellie Deardorff

Callaway Henderson Sotheby's Int'l-Princeton License #1750793 Listed on: 02/28/2023

Callaway Henderson Sotheby's Int'l-Princeton

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $13,760

Year Built

  • Built in 1888

Lot Details

  • Downtown Location
  • Privacy Fence
  • Landscaped
  • Extensive Hardscape
  • Front Yard

HOA Fees

  • $292 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Colonial Architecture
  • Block Foundation
  • Shingle Siding

Interior Spaces

  • Property has 3 Levels
  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Den
  • Storage Room

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on upper level

Partially Finished Basement

  • Walk-Out Basement
  • Garage Access
  • Exterior Basement Entry

Schools

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

Utilities

  • Central Air
  • Cooling System Utilizes Natural Gas
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00101 02
  • Assessor Parcel Number 14-00053 04-00101 02-C02

Community Details

Overview

  • Association fees include lawn maintenance, insurance, snow removal
  • Markham Square Condo Association, 371 Nassau St. Condos

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$13,760

Year Built

Built in 1888

Lot Details

0

HOA Fees

$292 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1888
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Flooring Type: Hardwood, Ceramic Tile
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Foyer, Laundry, Office, Storage Room, Bathroom 1, Bathroom 2, Half Bath
  • Basement: Yes
  • Basement Type: Walkout Level, Outside Entrance, Garage Access, Partially Finished
  • Laundry Type: Upper Floor
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 391

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Shingle Siding
  • Exterior Features: Sidewalks, Extensive Hardscape
  • 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 Door Opener, Garage - Rear Entry, Additional Storage Area, Built In
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Off Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 3500.00
  • Condo Co-Op Fee Frequency: Annually
  • Condo Co-Op Name: Markham Square Condo Association, 371 Nassau St.
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Insurance, Snow Removal
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: RIVERSIDE E.S.
  • 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: RIVERSIDE E.S.
  • High School: PRINCETON H.S.
  • Middle Or Junior School: JOHN WITHERSPOON M.S.

Lot Info

  • Fencing: Privacy
  • Lot Features: Front Yard, Landscaping
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Year Assessed: 2022
  • Zoning: R2

Rental Info

  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 13760.00
  • Assessor Parcel Number: 14-00053 04-00101 02-C02
  • Tax Lot: 00101 02
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 07/27/2023

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2023
Closed on
Jul 26, 2023
Sold by
Snyder Sara and Snyder Bradley W
Bought by
Roero Marine
Seller's Agent
Ellie Deardorff
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Ellie Deardorff
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$925,000
Sold Price
$830,000
Premium/Discount to List
-$95,000
-10.27%
Total Days on Market
116
Views
303
Current Estimated Value
$944,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,323
Avg. Annual Appreciation
3.14%
Original Mortgage
$581,000
Outstanding Balance
$570,283
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$307,504

Purchase Details

Listed on
May 15, 2020
Closed on
Jul 1, 2020
Sold by
Pisani Fred J and Pisani Pamela Fabri
Bought by
Snyder Sara and Snyder Bradley W
Seller's Agent
Sarah Strong Drake
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Ellie Deardorff
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$679,900
Sold Price
$679,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.71%
Original Mortgage
$407,940
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 21, 2013
Closed on
Jul 1, 2013
Sold by
Matthies Dennis L and Matthies Judith K
Bought by
Pisani Fred J and Pisani Pamela Fabri
Seller's Agent
WILLA STACKPOLE
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Sarah Strong Drake
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$579,000
Sold Price
$549,000
Premium/Discount to List
-$30,000
-5.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.10%
Original Mortgage
$250,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 1999
Sold by
Paul Margaret
Bought by
Matthies Dennis and Matthies Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
6.88%

Purchase Details

Closed on
May 15, 1997
Sold by
Moraac
Bought by
Paul Margaret

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
Roero Marine $830,000 Sterling Title
Snyder Sara $679,900 First American Title
Pisani Fred J $549,000 Old Republic National Title
Matthies Dennis $230,000 --
Paul Margaret $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roero Marine $581,000
Previous Owner Snyder Sara $407,940
Previous Owner Pisani Fred J $225,000
Previous Owner Pisani Fred J $125,000
Previous Owner Pisani Fred J $250,000
Previous Owner Matthies Dennis $82,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2023 07/27/23 Sold $830,000 -5.1% --
06/24/2023 06/24/23 Pending -- -- --
06/06/2023 06/06/23 Price Changed $875,000 -2.7% --
05/02/2023 05/02/23 Price Changed $899,000 -3.3% --
04/19/2023 04/19/23 Price Changed $930,000 +0.5% --
02/28/2023 02/28/23 For Sale $925,000 +36.0% --
07/02/2020 07/02/20 Sold $679,900 0.0% --
05/25/2020 05/25/20 Pending -- -- --
05/15/2020 05/15/20 For Sale $679,900 +23.8% --
07/03/2013 07/03/13 Sold $549,000 -5.2% --
05/16/2013 05/16/13 Pending -- -- --
03/21/2013 03/21/13 For Sale $579,000 -- --
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 $15,026 $597,700 $440,000 $157,700
2023 -- $585,100 $440,000 $145,100
2022 -- $568,600 $423,500 $145,100
2021 $0 $568,600 $423,500 $145,100
2020 $13,760 $568,600 $423,500 $145,100
2019 $13,487 $568,600 $423,500 $145,100
2018 $13,260 $568,600 $423,500 $145,100
2017 $13,078 $568,600 $423,500 $145,100
2016 $12,873 $568,600 $423,500 $145,100
2015 $11,401 $515,400 $423,500 $91,900
2014 $11,261 $515,400 $423,500 $91,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2025732

Bright MLS

APN: 14-00053-04-00101-02-C02