NOT LISTED FOR SALE

40 Leavitt Ln Princeton, NJ 08540

Estimated Value: $935,919

5 Beds
4 Baths
2,560 Sq Ft
$366/Sq Ft Est. Value

Last Sold October 18, 2024

Last sale price $1,650,000 $645 Per Sq Ft

Est. 43% decrease in value since last sale

Current estimated payment $5,742/month

40 Days on Market

Highlights

  • New Construction
  • Contemporary Architecture
  • No HOA
  • Littlebrook Elementary School Rated A+
  • Wood Flooring
  • Forced Air Heating and Cooling System

About This Home

As of October 2024

Welcome to your dream home in the heart of Princeton! This newly constructed luxury residence boasts unparalleled craftsmanship and modern elegance. Experience the finest in luxury living with this stunning home designed by the famed architect Marina Rubina. With 5 spacious bedrooms, a fully finished basement, and high-end finishes throughout, this home is the epitome of refined living. As you step inside, you are greeted by an open-concept floor plan that seamlessly integrates the living, dining, and kitchen areas. The gourmet kitchen is a chef's delight, featuring state-of-the-art GE cafe appliances, custom cabinetry, Quartz Laza countertops and a center waterfall island perfect for entertaining. The living room, with its large Andersen windows, white oak hardwood flooring and access to the deck, is an inviting space for relaxation and gatherings. Upstairs, the master suite is a true sanctuary with its walk-in closet and luxurious en-suite bathroom, complete with a soaking tub, dual vanities, and a separate glass-enclosed shower. Four additional bedrooms offer ample space and comfort for family and guests. The home is equipped with smart home features. The finished basement provides additional living space, ideal for a home theater, gym, or playroom. Outside, the meticulously landscaped yard and patio create the perfect setting for outdoor enjoyment. Situated in the prestigious Littlebrook neighborhood, this home offers the perfect blend of tranquility and convenience, with easy access to top-rated schools, shopping, dining, and cultural attractions. Schedule your private tour today and prepare to be captivated by all this exceptional property has to offer.

Last Agent to Sell the Property

Ingela Kostenbader

(609) 902-5302 ingela@princetonhome.com Queenston Realty, LLC License #344850 Listed on: 08/07/2024

Last Buyer's Agent

Regina Perry

(908) 347-0950 rperry@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #2078285

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,226

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 5,428 Sq Ft Lot
  • Lot Dimensions are 59.00 x 150.00
  • Property is in excellent condition
  • Property is zoned R2

Home Design

  • Contemporary Architecture
  • Shingle Roof

Interior Spaces

  • 2,560 Sq Ft Home
  • Property has 2 Levels
  • Wood Flooring
  • Finished Basement

Bedrooms and Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Littlebrook Subdivision

Listing and Financial Details

  • Tax Lot 00098
  • Assessor Parcel Number 14-00032 05-00098

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,226

Year Built

Built in 2024 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2024
  • Automatically Close On Close Date: No
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood
  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 2560
  • Living Area Sq Ft: 2560
  • Price Per Sq Ft: 663.67
  • Above Grade Finished Sq Ft: 2560
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Completed: Yes
  • 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: 2
  • Type Of Parking: 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: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: LITTLEBROOK E.S.
  • High School: PRINCETON H.S.
  • Middle Or Junior School: JOHN WITHERSPOON M.S.

Lot Info

  • Lot Size Acres: 0.12
  • Lot Dimensions: 59.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5428.00
  • Property Condition: Excellent
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9226.00
  • Assessor Parcel Number: 14-00032 05-00098
  • Tax Lot: 00098
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2025
Sold by
Tayebaly Moiz
Bought by
Parange Varun and Sundaram Sneha
Current Estimated Value
$935,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$537,000
Outstanding Balance
$534,667
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$401,252

Purchase Details

Listed on
Aug 7, 2024
Closed on
Oct 11, 2024
Sold by
Tayebaly Moiz
Bought by
Parange Varun and Sundaram Sneha
Seller's Agent
Ingela Kostenbader
Queenston Realty, LLC
Buyer's Agent
Regina Perry
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$1,699,000
Sold Price
$1,650,000
Premium/Discount to List
-$49,000
-2.88%
Views
68

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-39.72%
Original Mortgage
$950,000
Interest Rate
6.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2024
Sold by
Tayebaly Moiz
Bought by
61 Fisher Avenue and 40 Leavitt

Purchase Details

Closed on
Jun 2, 2022
Sold by
Assunta Sferra
Bought by
Tayebaly Moiz

Purchase Details

Closed on
May 5, 2009
Sold by
Sferra Oreste and Sferra Assunta
Bought by
Sferra Assunta
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Parange Varun $895,000 Westcor Land Title
Parange Varun $895,000 Westcor Land Title
Parange Varun $1,650,000 Title Evolution
Parange Varun $1,650,000 Title Evolution
61 Fisher Avenue -- Title Evolution
Tayebaly Moiz $600,000 Land Title Services
Tayebaly Moiz $600,000 Land Title Services
Sferra Assunta -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parange Varun $537,000
Closed Parange Varun $537,000
Previous Owner Parange Varun $950,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2024 10/18/24 Sold $1,650,000 -2.9% $645 / Sq Ft
09/16/2024 09/16/24 Pending -- -- --
08/07/2024 08/07/24 For Sale $1,699,000 -- $664 / 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
2025 $9,773 $367,000 $367,000 --
2024 $11,615 $367,000 $367,000 $0
2023 $11,615 $462,000 $367,000 $95,000
2022 $11,236 $462,000 $367,000 $95,000
2021 $10,693 $438,400 $337,000 $101,400
2020 $10,609 $438,400 $337,000 $101,400
2019 $10,399 $438,400 $337,000 $101,400
2018 $10,223 $438,400 $337,000 $101,400
2017 $10,083 $438,400 $337,000 $101,400
2016 $9,316 $411,500 $312,000 $99,500
2015 $9,102 $411,500 $312,000 $99,500
2014 $8,991 $411,500 $312,000 $99,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2046960

Bright MLS

APN: 14-00032-05-00098