NOT LISTED FOR SALE

44 Park Place Unit 1 Princeton, NJ 08542

Estimated Value: $497,048 - $622,000

1 Bed
1 Bath
-- Sq Ft
$225/mo HOA Fee

Last Sold February 10, 2023

Last sale price $402,500

Est. 39% increase in value since last sale

Current estimated payment $3,933/month

45 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • En-Suite Primary Bedroom
  • Community Park Elementary School Rated A+
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of February 2023

If it's a low-maintenance lifestyle in a top Princeton location you're after, this apartment is hard to beat. Minimalism and comfort take the lead in this in-town sanctuary. Completely compact with an amazing use of space, wood floors, big windows with plantation shutters, and built-ins add to the aesthetic. Located on the first floor, it begins with a shared lemonade-style front porch and another backyard garden with a patio and a gas grill for residents to share. Inside, the floors were just re-done. The kitchenette, within the living room, has a gracious, old-world library-style charm with polished dark timber paneling hiding the appliances in a simple, yet very functional space. The bedroom is just the right size to catch some zzz's with an en suite bathroom and ample closets. A designated storage area in the basement is ideal for your hobby equipment and seasonal decor. Paid year-round parking is available right across the street though there will be little need to take out the car in this convenient location less than a 5-minute stroll to Nassau Street and Princeton University.

Last Agent to Sell the Property

Susan DiMeglio

(609) 915-5645 sdimeglio@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #9702048 Listed on: 12/07/2022

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Todd Mizdol

(973) 931-3869 todd.mizdol@foxroach.com BHHS Fox & Roach - Robbinsville License #2190883

BHHS Fox & Roach - Robbinsville

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,119

Year Built

  • Built in 1920

Lot Details

  • 6,098

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Wood Siding

Interior Spaces

  • Property has 1 Level
  • Living Room
  • Wood Flooring
  • Unfinished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 14-00028 03-00082 11-C01

Community Details

Overview

  • Association fees include common area maintenance
  • Building Winterized
  • Low-Rise Condominium

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,119

Year Built

Built in 1920

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional, Unit/Flat
  • Ownership: Condominium
  • Exclusions: Personal Property
  • Home Warranty: No
  • Inclusions: Appliances and window treatments
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Remarks Public: If it's a low-maintenance lifestyle in a top Princeton location you're after, this apartment is hard to beat. Minimalism and comfort take the lead in this in-town sanctuary. Completely compact with an amazing use of space, wood floors, big windows with plantation shutters, and built-ins add to the aesthetic. Located on the first floor, it begins with a shared lemonade-style front porch and another backyard garden with a patio and a gas grill for residents to share. Inside, the floors were just re-done. The kitchenette, within the living room, has a gracious, old-world library-style charm with polished dark timber paneling hiding the appliances in a simple, yet very functional space. The bedroom is just the right size to catch some zzz's with an en suite bathroom and ample closets. A designated storage area in the basement is ideal for your hobby equipment and seasonal decor. Paid year-round parking is available right across the street though there will be little need to take out the car in this convenient location less than a 5-minute stroll to Nassau Street and Princeton University.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Flooring Type: Hardwood
  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Kitchen
  • Basement: Yes
  • Basement Type: Unfinished, Walkout Level
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 44

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • 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

  • HOA Fees: 225.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: COMMUNITY PARK E.S.
  • Middle School: JOHN WITHERSPOON M.S.
  • High School: PRINCETON H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396175
  • School District Source: Listing Agent
  • Elementary School: COMMUNITY PARK E.S.
  • High School: PRINCETON H.S.
  • Middle Or Junior School: JOHN WITHERSPOON M.S.

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 51600.00
  • Land Assessed Value: 281300.00
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2022
  • Zoning: RES

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 7422147
  • Tax Annual Amount: 8119.00
  • Assessor Parcel Number: 14-00028 03-00082 11-C01
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 02/10/2023

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2022
Closed on
Feb 9, 2023
Sold by
Materna Alexander
Bought by
Decristoforo Paul and Decristoforo Mary
Seller's Agent
Susan DiMeglio
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Todd Mizdol
BHHS Fox & Roach - Robbinsville
List Price
$419,000
Sold Price
$402,500
Premium/Discount to List
-$16,500
-3.94%
Views
102
Current Estimated Value
$560,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,512
Avg. Annual Appreciation
11.82%

Purchase Details

Listed on
Jun 2, 2015
Closed on
Aug 21, 2015
Sold by
Deke John
Bought by
Materna Alexander
Seller's Agent
Susan DiMeglio
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Susan DiMeglio
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$369,000
Sold Price
$335,000
Premium/Discount to List
-$34,000
-9.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.49%
Original Mortgage
$301,500
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 23, 2013
Closed on
Jul 17, 2014
Sold by
44 46 Park Place Llc
Bought by
Deke John
Seller's Agent
Joseph Plotnick
Weichert Realtors - Princeton
Buyer's Agent
Susan DiMeglio
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$345,000
Sold Price
$325,000
Premium/Discount to List
-$20,000
-5.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.79%
Original Mortgage
$260,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Decristoforo Paul $402,500 --
Materna Alexander $335,000 Agent For First Amer Title I
Deke John $325,000 Empire Title & Abst Agency I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Materna Alexander $301,500
Previous Owner Deke John $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2023 02/10/23 Sold $402,500 -3.9% --
12/07/2022 12/07/22 For Sale $419,000 -14.5% --
07/17/2020 07/17/20 Sold $490,000 -1.8% $614 / Sq Ft
05/22/2020 05/22/20 For Sale $499,000 +49.0% $625 / Sq Ft
08/27/2015 08/27/15 Sold $335,000 -3.7% --
07/02/2015 07/02/15 Pending -- -- --
06/22/2015 06/22/15 Price Changed $348,000 -5.7% --
06/02/2015 06/02/15 For Sale $369,000 +13.5% --
07/21/2014 07/21/14 Sold $325,000 -5.8% $727 / Sq Ft
07/17/2014 07/17/14 Price Changed $345,000 0.0% $772 / Sq Ft
07/15/2014 07/15/14 Pending -- -- --
05/21/2014 05/21/14 Pending -- -- --
02/18/2014 02/18/14 For Sale $345,000 +6.2% $772 / Sq Ft
02/16/2014 02/16/14 Off Market $325,000 -- --
10/16/2013 10/16/13 Price Changed $345,000 -8.0% $772 / Sq Ft
08/23/2013 08/23/13 For Sale $375,000 -- $839 / 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 $8,865 $295,400 $243,800 $51,600
2024 $8,369 $332,900 $281,300 $51,600
2023 $8,369 $332,900 $281,300 $51,600
2022 $8,096 $332,900 $281,300 $51,600
2021 $8,119 $332,900 $281,300 $51,600
2020 $8,056 $332,900 $281,300 $51,600
2019 $7,896 $332,900 $281,300 $51,600
2018 $7,103 $304,600 $237,500 $67,100
2017 $7,006 $304,600 $237,500 $67,100
2016 $6,896 $304,600 $237,500 $67,100
2015 $6,738 $304,600 $237,500 $67,100
2014 $6,656 $304,600 $237,500 $67,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2025052

Bright MLS

APN: 14-00028-03-00082-11-C01