NOT LISTED FOR SALE

40 Pine St Princeton, NJ 08542

Estimated Value: $965,000 - $1,187,000

2 Beds
1 Bath
1,436 Sq Ft
$754/Sq Ft Est. Value

Last Sold December 19, 2019

Last sale price $600,000 $418 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $6,963/month

Highlights

  • Dual Staircase
  • Colonial Architecture
  • 1 Fireplace
  • Community Park Elementary School Rated A
  • Wood Flooring
  • 3-minute walk to Pine Street Park (David Bradford Park)

About This Home

As of December 2019

Downtown Princeton colonial home being home strictly in AS-IS condition, with wonderful potential. First floor has kitchen, living room with fireplace, and study/library. Second floor has 2 bedrooms plus 2 additional rooms with storage. Highly desirable location in much sought after neighborhood. Off street parking- easement granted for driveway access.

Last Agent to Sell the Property

Beth Miller

(609) 924-1600 wendy.merkovitz@foxroach.com BHHS Fox & Roach - Princeton Listed on: 11/18/2019

BHHS Fox & Roach - Princeton

Last Buyer's Agent

Robin Wallack

(609) 924-1600 wendy.merkovitz@foxroach.com BHHS Fox & Roach - Princeton License #7941734

BHHS Fox & Roach - Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,004

Year Built

  • Built in 1820

Lot Details

  • 7,520 Sq Ft Lot
  • Lot Dimensions are 40.00 x 188.00
  • Property is in below average condition
  • Property is zoned R4

Home Design

  • Colonial Architecture
  • Fixer Upper
  • Frame Construction

Interior Spaces

  • 1,436 Sq Ft Home
  • Property has 2 Levels
  • Dual Staircase
  • 1 Fireplace
  • Living Room
  • Home Office
  • Library
  • Storage Room
  • Stove

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

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

Parking

  • Driveway
  • On-Street Parking

Schools

  • Community Park Elementary School
  • J Witherspoon Middle School
  • Princeton High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Princeton East Subdivision

Listing and Financial Details

  • Tax Lot 00071
  • Assessor Parcel Number 14-00030 02-00071

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,004

Year Built

Built in 1820

Lot Details

7,520 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Upper 1
  • Federal Flood Zone: No
  • Year Built: 1820
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dryer, Washer, Stove
  • Flooring Type: Hardwood, Vinyl
  • Interior Amenities: Additional Stairway, Wood Floors
  • Fireplaces Count: 1
  • Levels Count: 2
  • Room List: Living Room, Bedroom 2, Kitchen, Library, Bedroom 1, Office, Storage Room
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 1436
  • Living Area Sq Ft: 1436
  • Price Per Sq Ft: 347.84
  • Above Grade Finished Sq Ft: 1436
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

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: COMMUNITY PARK E.S.
  • High School: PRINCETON H.S.
  • Middle Or Junior School: J WITHERSPOON

Lot Info

  • Lot Size Acres: 0.17
  • Lot Dimensions: 40.00 x 188.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7520.00
  • Property Condition: Below Average, Major Rehab Needed
  • Zoning: R4

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 14004.00
  • Assessor Parcel Number: 14-00030 02-00071
  • Tax Lot: 00071
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2019
Closed on
Dec 17, 2019
Sold by
Westergaard Elizabeth and Barbara Westergaard Living Tru
Bought by
Sokol Alexander and Sokol Elena
Seller's Agent
Beth Miller
BHHS Fox & Roach - Princeton
Buyer's Agent
Robin Wallack
BHHS Fox & Roach - Princeton
List Price
$499,500
Sold Price
$600,000
Premium/Discount to List
$100,500
20.12%
Current Estimated Value
$1,082,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$482,988
Avg. Annual Appreciation
10.01%
Original Mortgage
$448,000
Outstanding Balance
$304,061
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$778,927

Purchase Details

Closed on
Feb 25, 2019
Sold by
Westergaard Peter T and Westergaard Barbara J
Bought by
Westergaard Elizabeth and Westergaard Barbara J

Purchase Details

Closed on
Jul 1, 1994
Sold by
Miller Bernard
Bought by
Westergaard Peter and Westergaard Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
8.4%
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
Sokol Alexander $600,000 First American Title Ins Co
Westergaard Elizabeth -- None Available
Westergaard Peter $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sokol Alexander $448,000
Previous Owner Westergaard Peter $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2019 12/19/19 Sold $600,000 +20.1% $418 / Sq Ft
11/18/2019 11/18/19 Pending -- -- --
11/18/2019 11/18/19 For Sale $499,500 -- $348 / Sq Ft
Source: Bright MLS

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 $16,606 $623,600 $518,000 $105,600
2024 $15,677 $623,600 $518,000 $105,600
Source: Public Records

Agents Affiliated with this Home

  • Beth Miller

    Seller's Agent in 2019

    Beth Miller

    BHHS Fox & Roach

    (609) 865-8833

    31 Total Sales

    Beth Miller
    Section Image
  • Robin Wallack

    Buyer's Agent in 2019

    Robin Wallack

    BHHS Fox & Roach

    (609) 462-2340

    50 in this area

    86 Total Sales

    Robin Wallack
    Section Image
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Map

Source: Bright MLS

MLS Number: NJME288272

Bright MLS

APN: 14-00030-02-00071

New Jersey Mercer County Princeton 08542

40 Pine St, Princeton, NJ

Not Listed for Sale

Detached

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