NOT LISTED FOR SALE

40 2nd St Hopewell, NJ 08525

Estimated Value: $724,000 - $986,000

4 Beds
2.5 Baths
2,010 Sq Ft
$430/Sq Ft Est. Value

Last Sold June 29, 2020

Last sale price $650,000 $323 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $6,433/month

4 Days on Market

Highlights

  • View of Trees or Woods
  • Craftsman Architecture
  • Den
  • Hopewell Valley Central High School Rated A
  • No HOA
  • Breakfast Room

About This Home

As of June 2020

A wonderful and unique 2 story home with a newly remodeled shaker style kitchen, new master bath, upgraded bathroom countertops and fixtures, new multi zone central heating and air conditioning systems, newly refinished hardwood floors, vaulted ceilings, new decking and rails, upgraded maintenance free windows.This architect designed timber frame residence originated as a typical New Jersey bank barn. The existing Timbers were 125 years old at the time the structure was disassembled and raised in this location. Located on a quiet cul-de-sac just 2 blocks from downtown Hopewell Borough, this home connects to 400 acres of open preserved land, providing breathtaking views all year round. The large slab bluestone patio under the first floor deck were reclaimed having once been sidewalks in both downtown Trenton and Princeton, which adds to the unique character of this house. This house lead the sustainability curve long before the LEED standard was created. Incorporating a repurposed superstructure, repurposed warehouse floor joists for the first floor along with other recycled materials. The yard features a gentle slope to the terraced rear of the property where the walk-out basement meets the patio under a large deck which provides cool shade during mid-day direct sun. The outdoor spa features a new highly insulated cover and cover lifter, new electronic controls. A heated outdoor shower is below the stairs with a window to the yard. Tall hedgerows on both sides of the yard provide both side and rear yard privacy and create a sense of outdoor space and your own vacation like oasis. *Shower door and mirror in master bath will be installed by 5/10/2020.

Last Agent to Sell the Property

Vanessa Reina

Weichert Realtors - Princeton Listed on: 04/27/2020

Weichert Realtors - Princeton

Last Buyer's Agent

Laurent Ouzilou

Weichert Realtors - Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,499

Year Built

  • Built in 1993

Lot Details

  • 0.46 Acre Lot
  • Property is zoned R100

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Craftsman Architecture
  • Frame Construction

Interior Spaces

  • 2,010 Sq Ft Home
  • Property has 2 Levels
  • Fireplace
  • Family Room
  • Breakfast Room
  • Dining Room
  • Den
  • Views of Woods

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Partially Finished Basement

  • Walk-Out Basement
  • Garage Access
  • Rough-In Basement Bathroom
  • Basement Windows

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00038
  • Assessor Parcel Number 05-00036-00038

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,499

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Craftsman
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1993
  • Remarks Public: A wonderful and unique 2 story home with a newly remodeled shaker style kitchen, new master bath, upgraded bathroom countertops and fixtures, new multi zone central heating and air conditioning systems, newly refinished hardwood floors, vaulted ceilings, new decking and rails, upgraded maintenance free windows.This architect designed timber frame residence originated as a typical New Jersey bank barn. The existing Timbers were 125 years old at the time the structure was disassembled and raised in this location. Located on a quiet cul-de-sac just 2 blocks from downtown Hopewell Borough, this home connects to 400 acres of open preserved land, providing breathtaking views all year round. The large slab bluestone patio under the first floor deck were reclaimed having once been sidewalks in both downtown Trenton and Princeton, which adds to the unique character of this house. This house lead the sustainability curve long before the LEED standard was created. Incorporating a repurposed superstructure, repurposed warehouse floor joists for the first floor along with other recycled materials. The yard features a gentle slope to the terraced rear of the property where the walk-out basement meets the patio under a large deck which provides cool shade during mid-day direct sun. The outdoor spa features a new highly insulated cover and cover lifter, new electronic controls. A heated outdoor shower is below the stairs with a window to the yard. Tall hedgerows on both sides of the yard provide both side and rear yard privacy and create a sense of outdoor space and your own vacation like oasis. *Shower door and mirror in master bath will be installed by 5/10/2020.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Breakfast Room, Bedroom 1, Office
  • Basement: Yes
  • Basement Type: Partially Finished, Windows, Walkout Level, Rough Bath Plumb, Garage Access
  • Total Sq Ft: 2010
  • Living Area Sq Ft: 2010
  • Price Per Sq Ft: 320.90
  • Above Grade Finished Sq Ft: 2010
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 40

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • View: Trees/Woods
  • 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 - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • 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: HOPEWELL VALLEY REGIONAL SCHOOLS
  • School District Key: 300200397266
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 259900.00
  • Land Assessed Value: 215300.00
  • Lot Size Acres: 0.46
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19994.00
  • Year Assessed: 2019
  • Zoning: R100

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2118608
  • Tax Annual Amount: 14499.00
  • Assessor Parcel Number: 05-00036-00038
  • Tax Lot: 00038
  • Tax Total Finished Sq Ft: 2010
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 06/29/2020

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2020
Closed on
Jun 19, 2020
Sold by
Elden Christopher E and Mackiewicz Isabelle
Bought by
Fallois Loci Le Hir De and Grimoprez Claire
Seller's Agent
Vanessa Reina
Weichert Realtors - Princeton
Buyer's Agent
Laurent Ouzilou
Weichert Realtors - Princeton
List Price
$645,000
Sold Price
$650,000
Premium/Discount to List
$5,000
0.78%
Current Estimated Value
$935,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,577
Avg. Annual Appreciation
5.34%
Original Mortgage
$300,000
Outstanding Balance
$223,058
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$625,489
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
Fallois Loci Le Hir De $650,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fallois Loci Le Hir De $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2020 06/29/20 Sold $650,000 +0.8% $323 / Sq Ft
05/01/2020 05/01/20 Pending -- -- --
04/27/2020 04/27/20 For Sale $645,000 -- $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 $15,729 $475,200 $215,300 $259,900
2023 $15,729 $475,200 $215,300 $259,900
2022 $15,202 $475,200 $215,300 $259,900
2021 $14,926 $475,200 $215,300 $259,900
2020 $14,717 $475,200 $215,300 $259,900
2019 $14,498 $475,200 $215,300 $259,900
2018 $13,871 $475,200 $215,300 $259,900
2017 $13,443 $475,200 $215,300 $259,900
2016 $13,006 $475,200 $215,300 $259,900
2015 $13,092 $475,200 $215,300 $259,900
2014 $13,471 $525,800 $268,600 $257,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME294214

Bright MLS

APN: 05-00036-0000-00038