$679,900
SOLD JUL 2, 2020

391 Nassau St Unit 2 Princeton, NJ 08540

2 Beds
2.5 Baths
-- Sq Ft
$213/mo HOA Fee

Recently Sold

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

Built in 1888 for Princeton's President McCosh, this elegant mansion originally stood on Prospect Street. After turns as an eating club and boarding school, it was moved to its present locale - still an easy stroll from town - and tastefully divided into two units, far more manageable for a modern in-town lifestyle, yet still full of character. A courtyard provides private outdoor space and a proper introduction to the East unit, which has undergone major improvements by the current owner. The main floor is now open and bright with a coffered ceiling in the living room and a new kitchen overlooking the dining area. Quartz countertops, gleaming light fixtures and island seating are beautiful and practical. Follow the light from a big circular window up to the fully renovated master suite now with a walk-in closet, clawfoot tub, luxuriously tiled shower and French doors to a darling balcony - what a dream! Bedroom two has two closets, a fireplace and adjacent full bath. The laundry was wisely moved upstairs, making room on the lower level for an office/craft room off the oversized 2-car garage. Driveway parking for 2 cars. Less than 10 minutes from commuter trains or, even closer, catch the bus to NYC less than a block away! *Please note that the square footage registered at the township is lower than the floor plans and deed reflect. Please also see our listing protocol for each showing.

Last Agent to Sell the Property

Sarah Strong Drake

(908) 229-4260 sdrake@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #8243113 Listed on: 05/15/2020

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Ellie Deardorff

(609) 658-4999 edeardorff@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #1750793

Callaway Henderson Sotheby's Int'l-Princeton

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $13,487

Year Built

  • Built in 1888

Lot Details

  • Downtown Location
  • Privacy Fence
  • Landscaped
  • Extensive Hardscape
  • Front Yard
  • Property is in good condition

HOA Fees

  • $213 Monthly HOA Fees

Parking

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

Home Design

  • Semi-Detached or Twin Home
  • Colonial Architecture
  • 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

  • John Witherspoon Middle School
  • Princeton High School

Utilities

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

Community Details

  • Association fees include lawn maintenance, insurance

Listing and Financial Details

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$13,487

Year Built

Built in 1888

Lot Details

0

HOA Fees

$213 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-05-15
  • Year Built: 1888
  • Remarks Public: Built in 1888 for Princeton's President McCosh, this elegant mansion originally stood on Prospect Street. After turns as an eating club and boarding school, it was moved to its present locale - still an easy stroll from town - and tastefully divided into two units, far more manageable for a modern in-town lifestyle, yet still full of character. A courtyard provides private outdoor space and a proper introduction to the East unit, which has undergone major improvements by the current owner. The main floor is now open and bright with a coffered ceiling in the living room and a new kitchen overlooking the dining area. Quartz countertops, gleaming light fixtures and island seating are beautiful and practical. Follow the light from a big circular window up to the fully renovated master suite now with a walk-in closet, clawfoot tub, luxuriously tiled shower and French doors to a darling balcony - what a dream! Bedroom two has two closets, a fireplace and adjacent full bath. The laundry was wisely moved upstairs, making room on the lower level for an office/craft room off the oversized 2-car garage. Driveway parking for 2 cars. Less than 10 minutes from commuter trains or, even closer, catch the bus to NYC less than a block away! *Please note that the square footage registered at the township is lower than the floor plans and deed reflect. Please also see our listing protocol for each showing.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Hardwood, Ceramic Tile
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • 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: 4
  • Type Of Parking: Attached Garage, Off Street, Driveway
  • Number of Spaces in Driveway: 2

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

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2555.00
  • Condo Co-Op Fee Frequency: Annually
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Insurance
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Privacy
  • Improvement Assessed Value: 145100.00
  • Land Assessed Value: 423500.00
  • Lot Features: Front Yard, Landscaping
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Good
  • Year Assessed: 2019
  • Zoning: R2

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2140819
  • Tax Annual Amount: 13487.00
  • Assessor Parcel Number: 14-00053 04-00101 02-C02
  • Tax Lot: 00101 02
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/02/2020

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%
Views
303
Current Estimated Value
$881,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,863
Avg. Annual Appreciation
2.81%
Original Mortgage
$581,000
Outstanding Balance
$567,413
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$314,451

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
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 Type Sale Price Title Company
Bargain Sale Deed $830,000 Sterling Title
Bargain Sale Deed $830,000 Sterling Title
Deed $679,900 First American Title
Deed $549,000 Old Republic National Title
Deed $230,000 --
Deed $230,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $581,000 New Conventional
Closed $581,000 New Conventional
Previous Owner $407,940 New Conventional
Previous Owner $250,000 New Conventional
Previous Owner $82,000 No Value Available
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
2025 $15,917 $597,700 $440,000 $157,700
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: NJME294508

Bright MLS

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