40 Millbrook Dr Princeton Junction, NJ 08550
Princeton Junction NeighborhoodEstimated Value: $1,500,000 - $1,782,000
5
Beds
4.5
Baths
6,043
Sq Ft
$261/Sq Ft
Est. Value
Highlights
- 0.83 Acre Lot
- Dual Staircase
- 1 Fireplace
- Dutch Neck Elementary School Rated A
- Colonial Architecture
- No HOA
About This Home
As of October 2021Located in the coveted Millbrook section of Princeton Junction, this house offers what most people are vying for! The home boasts a main floor office and conservatory; as well as, 5 large Bedrooms and 3 Bathrooms on the 2nd floor. (The 5th bedroom connects to the dressing room of the primary suite with access to closets. It is currently set up as an exercise room and would be great as a 2nd office or nursery.) You will say WOW! THIS IS GREAT! Open flow from the kitchen to the breakfast room on to the family room. Egronomous, I made this word up to attempt to describe the over-sized covered deck! When you see this deck I'd be interested to learn what word you think best describes it! Truly impressive. While outside please notice the private basketball / badminton court. The Primary Bedroom is large with a huge closet and a separate dressing room/sitting room. The fully finished basement is the full footprint of the home with sewing room, full bath, pool table area, bar, and space for games of any kind. Premier Blue Ribbon Schools, easy commute to NYC, Philadelphia and the shore. No kidding, call your agent to make an appointment NOW! You'll be glad you did!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $25,424
Year Built
- Built in 1993
Lot Details
- 0.83 Acre Lot
- Level Lot
- Property is zoned R-2
Parking
- 3 Car Attached Garage
- 6 Driveway Spaces
- Side Facing Garage
- Garage Door Opener
Home Design
- Colonial Architecture
- Frame Construction
Interior Spaces
- Property has 2 Levels
- Dual Staircase
- 1 Fireplace
- Family Room Off Kitchen
- Formal Dining Room
- Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Kitchen Island
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Built by Toll Brothers
- Millbrook Subdivision, Philmont Floorplan
Listing and Financial Details
- Tax Lot 00040
- Assessor Parcel Number 13-00027 03-00040
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 20, 2021
Closed on
Oct 12, 2021
Sold by
Lai Henry and Lai Carol
Bought by
Xiang Wei and Zhang Lu
Seller's Agent
Blanche Paul
BHHS Fox & Roach - Princeton
Buyer's Agent
Phoenix Chiang
Keller Williams Elite Realtors
List Price
$975,000
Sold Price
$1,080,000
Premium/Discount to List
$105,000
10.77%
Total Days on Market
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$495,975
Avg. Annual Appreciation
11.00%
Original Mortgage
$864,000
Outstanding Balance
$800,544
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$773,818
Purchase Details
Closed on
Sep 1, 1994
Sold by
Schwerdtman Michael
Bought by
Lai Henry and Lai Carol
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.54%
Purchase Details
Closed on
Jul 30, 1993
Sold by
Torneta Eunice and Torneta Elizabeth
Bought by
Schwerdtman Michael H and Schwerdtman Margaret
Purchase Details
Closed on
Feb 18, 1993
Sold by
Windsor Development Corp
Bought by
Tornetta Eunice
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Princeton Junction, NJ
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Xiang Wei | $1,080,000 | Wfg National Title Ins Co | |
| Lai Henry | $460,000 | -- | |
| Schwerdtman Michael H | $460,000 | -- | |
| Tornetta Eunice | $433,300 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Xiang Wei | $864,000 | |
| Previous Owner | Lai Henry | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/18/2021 10/18/21 | Sold | $1,080,000 | +10.8% | $179 / Sq Ft |
| 08/22/2021 08/22/21 | Pending | -- | -- | -- |
| 08/20/2021 08/20/21 | For Sale | $975,000 | -- | $161 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $26,630 | $906,700 | $271,400 | $665,300 |
| 2023 | $26,630 | $906,700 | $271,400 | $635,300 |
| 2022 | $26,113 | $906,700 | $271,400 | $635,300 |
| 2021 | $25,895 | $906,700 | $271,400 | $635,300 |
| 2020 | $25,424 | $906,700 | $271,400 | $635,300 |
| 2019 | $25,134 | $906,700 | $271,400 | $635,300 |
| 2018 | $24,898 | $906,700 | $271,400 | $635,300 |
| 2017 | $24,381 | $906,700 | $271,400 | $635,300 |
| 2016 | $23,855 | $906,700 | $271,400 | $635,300 |
| 2015 | $23,302 | $906,700 | $271,400 | $635,300 |
| 2014 | $23,030 | $906,700 | $271,400 | $635,300 |
Source: Public Records
Agents Affiliated with this Home
-
Blanche Paul
Seller's Agent in 2021
Blanche Paul
BHHS Fox & Roach
(908) 963-6084
6 in this area
32 Total Sales
-
George Gati
G
Seller Co-Listing Agent in 2021
George Gati
Realty of Princeton
(609) 716-1941
3 in this area
4 Total Sales
-
P
Buyer's Agent in 2021
Phoenix Chiang
Keller Williams Elite Realtors
(908) 208-3798
2 in this area
16 Total Sales
Map
Source: Bright MLS
MLS Number: NJME2003366
APN: 13-00027-03-00040
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