NOT LISTED FOR SALE

48 Nassau St Unit H Princeton, NJ 08542

Estimated Value: $382,000

-- Bed
1 Bath
-- Sq Ft
$327/mo HOA Fee

Last Sold March 08, 2024

Last sale price $350,000

Est. 9% increase in value since last sale

Current estimated payment $2,931/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Courtyard Views
  • Radiator
  • Community Park Elementary School Rated A+
  • Dogs and Cats Allowed

About This Home

As of March 2024

Right in the midst of all the excitement of Palmer Square, yet quietly positioned overlooking the peaceful interior courtyard, this studio unit is an ideal homebase for anyone who frequents the university or the establishments of downtown, not to mention a smart investment that's always snapped up quickly by renters. In fact, the space is currently tenant-occupied with the potential for renewal. On-site laundry facilities, bike storage and use of shared outdoor space, where residents quietly read and dine beside a pretty foundation, are just some of the perks of Palmer Square living. Hardwood floors, a decorative fireplace and a built-in bookcase are charming touches. The efficient floor plan also has a pullman kitchen, but with so many tempting restaurants and take-out options at your doorstep, you may rarely eat at home! Heat, and hot and cold water are included in the monthly condo fee.

Last Listed By

Dianne Bleacher

Callaway Henderson Sotheby's Int'l-Princeton License #7833367 Listed on: 01/15/2024

Callaway Henderson Sotheby's Int'l-Princeton

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,527

Year Built

  • Built in 1932

HOA Fees

  • $327 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Utilities

  • Window Unit Cooling System
  • Radiator
  • Natural Gas Water Heater

Additional Features

  • Courtyard Views
  • 1 Full Bathroom

Listing and Financial Details

  • Tax Lot 00048 08
  • Assessor Parcel Number 14-00020 08-00048 08-C48H

Community Details

Overview

  • $654 Capital Contribution Fee
  • Association fees include common area maintenance, heat, water, all ground fee
  • Mid-Rise Condominium
  • Palmer Square Subdivision
  • Property has 5 Levels

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,527

Year Built

Built in 1932

Lot Details

0

HOA Fees

$327 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1932
  • Automatically Close On Close Date: No
  • Remarks Public: Right in the midst of all the excitement of Palmer Square, yet quietly positioned overlooking the peaceful interior courtyard, this studio unit is an ideal homebase for anyone who frequents the university or the establishments of downtown, not to mention a smart investment that's always snapped up quickly by renters. In fact, the space is currently tenant-occupied with the potential for renewal. On-site laundry facilities, bike storage and use of shared outdoor space, where residents quietly read and dine beside a pretty foundation, are just some of the perks of Palmer Square living. Hardwood floors, a decorative fireplace and a built-in bookcase are charming touches. The efficient floor plan also has a pullman kitchen, but with so many tempting restaurants and take-out options at your doorstep, you may rarely eat at home! Heat, and hot and cold water are included in the monthly condo fee.
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 2
  • Fireplace: No
  • Levels Count: 5
  • Room List: Kitchen
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 48

Beds/Baths

  • 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: Brick
  • View: Courtyard
  • 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: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 326.83
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Heat, Water, All Ground Fee
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 653.66

Schools

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

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Year Assessed: 2022
  • Zoning: CBCP

Rental Info

  • Pets: Cats Ok, Dogs Ok, Case By Case Basis, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5527.00
  • Assessor Parcel Number: 14-00020 08-00048 08-C48H
  • Tax Lot: 00048 08
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 03/08/2024

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2024
Closed on
Mar 3, 2024
Sold by
Palmer Square Llc
Bought by
Nassau 48H Llc
Seller's Agent
Dianne Bleacher
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Robin Froehlich
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$315,000
Sold Price
$350,000
Premium/Discount to List
$35,000
11.11%
Total Days on Market
7
Views
87
Current Estimated Value
$382,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,000

Purchase Details

Closed on
Dec 3, 1992
Bought by
Palmer Square Llc

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
Nassau 48H Llc $350,000 Acres Land Title
Palmer Square Llc $58,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Sold $350,000 +11.1% --
01/22/2024 01/22/24 Pending -- -- --
01/15/2024 01/15/24 For Sale $315,000 -- --
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 $5,714 $227,300 $168,000 $59,300
2023 $5,714 $227,300 $168,000 $59,300
2022 $5,528 $227,300 $168,000 $59,300
2021 $5,544 $227,300 $168,000 $59,300
2020 $5,501 $227,300 $168,000 $59,300
2019 $5,392 $227,300 $168,000 $59,300
2018 $5,301 $227,300 $168,000 $59,300
2017 $5,228 $227,300 $168,000 $59,300
2016 $5,146 $227,300 $168,000 $59,300
2015 $5,028 $227,300 $168,000 $59,300
2014 $4,337 $198,500 $139,200 $59,300
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: NJME2038594

Bright MLS

APN: 14-00020-08-00048-08-C48H