NOT LISTED FOR SALE

395 Franklin Ave Princeton, NJ 08540

Estimated Value: $950,701 - $1,104,000

3 Beds
1.5 Baths
1,600 Sq Ft
$628/Sq Ft Est. Value

Last Sold November 17, 2017

Last sale price $512,000 $320 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $6,467/month

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • No HOA
  • Littlebrook Elementary School Rated A+
  • Sun or Florida Room
  • 3-minute walk to Potts Park

About This Home

As of December 2022

Excellent location for this 3 bed 1.5 bath home. Closing to shopping center, schools and downtown. Hardwood flooring throughout most of the home. Large living room leads into a spacious eat in kitchen. As a bonus there is a florida room at the rear of the property which could serve as a family room. There are two bedrooms on the first floor with a full bath. On the second there is the main bedroom and an ensuite half bath. Storage is also accessib;e on the second floor. There is a good size rear yard and plenty of parking. Available now.

Last Agent to Rent the Property

Ingela Kostenbader

(609) 902-5302 ingela@princetonhome.com Queenston Realty, LLC License #344850 Listed on: 10/31/2022

Last Renter's Agent

Victoria Holly

(201) 790-1939 4victoria.holly@gmail.com Queenston Realty, LLC License #1755806

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,693

Year Built

  • Built in 1945

Lot Details

  • 9,148 Sq Ft Lot
  • Property is zoned R7

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Skylights
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Eat-In Kitchen

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces

Schools

  • Littlebrook Elementary School
  • Princeton Middle School
  • Princeton High School

Utilities

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

Community Details

  • No Home Owners Association
  • Littlebrook Subdivision

Listing and Financial Details

  • Residential Lease
  • Security Deposit $5,850
  • Tenant pays for cable TV, cooking fuel, electricity, gas, heat, hot water, insurance, lawn/tree/shrub care, snow removal, sewer, all utilities, water
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 11/1/22
  • Assessor Parcel Number 14-07310-00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,693

Year Built

Built in 1945

Lot Details

0

Rental Info

  • Date Available: 2022-11-01
  • Pets Allowed: No
  • Security Deposit: 5850.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Cable Tv, Cooking Fuel, Electricity, Gas, Heat, Hot Water, Insurance, Lawn/Tree/Shrub Care, Snow Removal, Sewer, Utilities - All, Water
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1945
  • Automatically Close On Close Date: No
  • Remarks Public: Excellent location for this 3 bed 1.5 bath home. Closing to shopping center, schools and downtown. Hardwood flooring throughout most of the home. Large living room leads into a spacious eat in kitchen. As a bonus there is a florida room at the rear of the property which could serve as a family room. There are two bedrooms on the first floor with a full bath. On the second there is the main bedroom and an ensuite half bath. Storage is also accessib;e on the second floor. There is a good size rear yard and plenty of parking. Available now.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood, Tile/Brick
  • Interior Amenities: Skylight(s), Ceiling Fan(s), Kitchen - Eat-In
  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 1
  • Room Count: 6
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1, Sun/Florida Room
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 1600
  • Living Area Sq Ft: 1600
  • Price Per Sq Ft: 2.19
  • Above Grade Finished Sq Ft: 1600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 395

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

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
  • Elementary School: LITTLEBROOK E.S.
  • Middle School: PRINCETON
  • 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: LITTLEBROOK E.S.
  • High School: PRINCETON H.S.
  • Middle Or Junior School: PRINCETON

Lot Info

  • Lot Size Acres: 0.21
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9148.00
  • Zoning: R7

Tax Info

  • Assessor Parcel Number: 2144828
  • Assessor Parcel Number: 14-07310-00010
  • Close Date: 12/01/2022

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2017
Closed on
Nov 17, 2017
Sold by
Santoro Tito V and Santoro Caroline L
Bought by
Patel Milan and Patel Hina
Seller's Agent
Denise Shaughnessy
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Ingela Kostenbader
Queenston Realty, LLC
List Price
$579,000
Sold Price
$512,000
Premium/Discount to List
-$67,000
-11.57%
Current Estimated Value
$1,004,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$492,425
Avg. Annual Appreciation
8.86%
Original Mortgage
$384,000
Outstanding Balance
$323,294
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$675,061
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
Patel Milan $512,000 Wfg Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Milan $384,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2022 12/01/22 Rented $3,500 0.0% --
11/16/2022 11/16/22 Under Contract -- -- --
11/08/2022 11/08/22 Price Changed $3,500 -10.3% $2 / Sq Ft
10/31/2022 10/31/22 For Rent $3,900 0.0% --
11/17/2017 11/17/17 Sold $512,000 -6.9% --
10/16/2017 10/16/17 Pending -- -- --
09/26/2017 09/26/17 Price Changed $550,000 -5.0% --
08/15/2017 08/15/17 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 $13,693 $514,200 $367,000 $147,200
2024 $12,927 $514,200 $367,000 $147,200
2023 $12,927 $514,200 $367,000 $147,200
2022 $12,505 $514,200 $367,000 $147,200
2021 $11,810 $484,200 $337,000 $147,200
2020 $11,718 $484,200 $337,000 $147,200
2019 $11,485 $484,200 $337,000 $147,200
2018 $11,292 $484,200 $337,000 $147,200
2017 $11,137 $484,200 $337,000 $147,200
2016 $9,821 $433,800 $312,000 $121,800
2015 $9,596 $433,800 $312,000 $121,800
2014 $9,479 $433,800 $312,000 $121,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2023954

Bright MLS

APN: 14-07310-0000-00010