NOT LISTED FOR SALE

43 Philip Dr Princeton, NJ 08540

Estimated Value: $1,425,000 - $1,524,000

5 Beds
2.5 Baths
2,688 Sq Ft
$546/Sq Ft Est. Value

Last Sold December 21, 2024

Last sale price $1,430,000 $532 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $10,039/month

41 Days on Market

Highlights

  • Colonial Architecture
  • Stream or River on Lot
  • Corner Lot
  • Riverside Elementary School Rated A
  • Wood Flooring
  • Furnished

About This Home

As of December 2024

This spacious house offers 5BD, 2/1BA, basement and 2-car garage. Located around the corner from Riverside Elementary and in close proximity to Princeton University, Princeton Junction Train Station, shopping, dining, and transportation routes to NYC and Philadelphia, this home offers an UNBEATABLE LOCATION! (The ONLY ONE AVAILABLE 5BD in the highly sought-after RIVERSIDE NEIGHBORHOOD!)

A sunny foyer welcomes you into a versatile floor plan. The expansive LIVING ROOM FEATURES A WALL OF WINDOWS and can easily serve as a home office or library. Across the way, the formal dining room is adjacent to the UPGRADED KITCHEN, which boasts SLEEK CABINETRY, AND A COZY BREAKFAST ROOM, along with convenient access to the mudroom and laundry.
The spacious family room overlooks the beautiful backyard and includes a center wood-burning fireplace, providing efficient warmth alongside central heating. An updated powder room and access to the stunning backyard complete the main level.

Upstairs, you’ll find a relaxing MAIN SUITE FEATURING A WALK-IN CLOSET AND EN-SUITE BATH, plus FOUR ADDITIONAL BEDROOMS and a full bath, perfect for various needs including bedrooms or office/study spaces. The basement offers additional storage, and the home is equipped with a TWO-ZONE UPGRADED AND EFFICIENT HVAC SYSTEM.
Don't miss this unique opportunity to purchase a house in one of the most desirable locations in Princeton!

Last Agent to Sell the Property

Anna Shulkina

RE/MAX of Princeton Listed on: 09/25/2024

RE/MAX of Princeton

Last Buyer's Agent

Josh Wilton

Queenston Realty, LLC License #AB068719

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,040

Year Built

  • Built in 1961

Lot Details

  • 0.67 Acre Lot
  • Corner Lot
  • Level Lot
  • Back, Front, and Side Yard
  • Property is zoned R5

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 2,688 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Mud Room
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Flooring

  • Wood
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Stream or River on Lot
  • Patio
  • Exterior Lighting

Schools

  • Riverside Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service

Community Details

  • No Home Owners Association
  • Riverside Subdivision

Listing and Financial Details

  • Tax Lot 00031
  • Assessor Parcel Number 14-07801-00031

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,040

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Shelves in the living room are not included
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-09-25
  • Year Built: 1961
  • Automatically Close On Close Date: No
  • Remarks Public: This spacious house offers 5BD, 2/1BA, basement and 2-car garage. Located around the corner from Riverside Elementary and in close proximity to Princeton University, Princeton Junction Train Station, shopping, dining, and transportation routes to NYC and Philadelphia, this home offers an UNBEATABLE LOCATION! (The ONLY ONE AVAILABLE 5BD in the highly sought-after RIVERSIDE NEIGHBORHOOD!) A sunny foyer welcomes you into a versatile floor plan. The expansive LIVING ROOM FEATURES A WALL OF WINDOWS and can easily serve as a home office or library. Across the way, the formal dining room is adjacent to the UPGRADED KITCHEN, which boasts SLEEK CABINETRY, AND A COZY BREAKFAST ROOM, along with convenient access to the mudroom and laundry. The spacious family room overlooks the beautiful backyard and includes a center wood-burning fireplace, providing efficient warmth alongside central heating. An updated powder room and access to the stunning backyard complete the main level. Upstairs, you’ll find a relaxing MAIN SUITE FEATURING A WALK-IN CLOSET AND EN-SUITE BATH, plus FOUR ADDITIONAL BEDROOMS and a full bath, perfect for various needs including bedrooms or office/study spaces. The basement offers additional storage, and the home is equipped with a TWO-ZONE UPGRADED AND EFFICIENT HVAC SYSTEM. Don't miss this unique opportunity to purchase a house in one of the most desirable locations in Princeton!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood, Vinyl, Tile/Brick
  • Interior Amenities: Primary Bath(s), Ceiling Fan(s), Kitchen - Eat-In
  • Fireplace Features: Insert, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 2
  • Room Count: 9
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Breakfast Room, Laundry, Mud Room, Additional Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Total Sq Ft: 2688
  • Living Area Sq Ft: 2688
  • Price Per Sq Ft: 557.66
  • Above Grade Finished Sq Ft: 2688
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 43

Beds/Baths

  • Bedrooms: 5
  • 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
  • Exterior Features: Sidewalks, Street Lights, Exterior Lighting
  • 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: Built In
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • 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

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: RIVERSIDE
  • Elementary School Source: Listing Agent
  • School District Key: 300200396175
  • School District Source: Listing Agent
  • Elementary School: RIVERSIDE

Lot Info

  • Lot Features: Corner, Level, Stream/Creek, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.67
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 29185.00
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2023
  • Zoning: R5

Rental Info

  • Furnished: Yes
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 22040.00
  • Assessor Parcel Number: 14-07801-00031
  • Tax Lot: 00031
  • Tax Total Finished Sq Ft: 2688
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 12/21/2024

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2024
Closed on
Dec 12, 2024
Sold by
Appel Andrew and Ginsburg Maia
Bought by
Peng Wei and Feng Xiaochen
Seller's Agent
Anna Shulkina
RE/MAX of Princeton
Buyer's Agent
Josh Wilton
Queenston Realty, LLC
List Price
$1,549,000
Sold Price
$1,430,000
Premium/Discount to List
-$119,000
-7.68%
Total Days on Market
41
Views
75
Current Estimated Value
$1,468,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,087
Avg. Annual Appreciation
5.63%
Original Mortgage
$680,000
Outstanding Balance
$677,002
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$791,085

Purchase Details

Closed on
Sep 24, 1992
Bought by
Appel Andrew and Maia Ginsburg
Source: Public Records

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Range of Values:

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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
Peng Wei $1,430,000 Foundation Title
Peng Wei $1,430,000 Foundation Title
Appel Andrew $410,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peng Wei $680,000
Closed Peng Wei $680,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2024 12/21/24 Sold $1,430,000 -4.6% $532 / Sq Ft
11/06/2024 11/06/24 Pending -- -- --
10/20/2024 10/20/24 Price Changed $1,499,000 -3.2% $558 / Sq Ft
09/25/2024 09/25/24 For Sale $1,549,000 0.0% $576 / Sq Ft
07/15/2021 07/15/21 Rented $5,900 0.0% --
05/14/2021 05/14/21 Under Contract -- -- --
03/16/2021 03/16/21 For Rent $5,900 -- --
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 $22,040 $876,700 $567,000 $309,700
2023 $22,040 $876,700 $567,000 $309,700
2022 $21,321 $876,700 $567,000 $309,700
2021 $21,383 $876,700 $567,000 $309,700
2020 $21,216 $876,700 $567,000 $309,700
2019 $20,795 $876,700 $567,000 $309,700
2018 $20,445 $876,700 $567,000 $309,700
2017 $20,164 $876,700 $567,000 $309,700
2016 $19,729 $871,400 $567,000 $304,400
2015 $17,849 $806,900 $517,000 $289,900
2014 $17,299 $791,700 $517,000 $274,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2049152

Bright MLS

APN: 14-07801-0000-00031