NOT LISTED FOR SALE

49 Palmer Square W Unit C Princeton, NJ 08542

Estimated Value: $358,000 - $458,000

-- Bed
1 Bath
280 Sq Ft
$246/mo HOA Fee

Last Sold August 21, 2020

Last sale price $265,000 $946 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,839/month

Highlights

  • Open Floorplan
  • Wood Flooring
  • Bungalow
  • Community Park Elementary School Rated A+
  • Breakfast Area or Nook
  • Brick Front

About This Home

As of August 2020

This newly renovated studio apartment in downtown Princeton is in a "move in" condition. Freshly painted with gleaming refinished and polished hardwood floors and two closets. The integral kitchenette which is cleverly and efficiently laid out can be easily tucked away when entertaining. The black and white floor tiles with white subway tiles adds timeless flair of elegance to the bathroom. Storage unit and coin operated laundry rooms for owners use in the basement. Metered street parking or Parking garage close by. You can't get any closer to the heart of Princeton! Within minutes, you can get from the cozy, quiet serene apartment to the bustle of downtown where the happenings of restaurants, shops, movie theater and McCarter Theater, library etc.. gets you intoxicated!Historic Designation Applies.

Last Agent to Sell the Property

Nadia Macauley

(800) 401-0486 nmacauley@weichert.com Weichert Realtors - Princeton Listed on: 02/03/2020

Weichert Realtors - Princeton

Last Buyer's Agent

Judson Henderson

(609) 651-2226 jhenderson@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #9231366

Callaway Henderson Sotheby's Int'l-Princeton

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,237

Year Built

  • Built in 1932

Lot Details

  • 131

HOA Fees

  • $246 Monthly HOA Fees

Home Design

  • Bungalow
  • Entry on the 2nd floor
  • Brick Front

Interior Spaces

  • 1 Full Bathroom
  • 280 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Laundry in Basement
  • Breakfast Area or Nook

Flooring

  • Wood
  • Ceramic Tile

Parking

  • On-Street Parking
  • Parking Lot

Utilities

  • Window Unit Cooling System
  • Radiator
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • $492 Capital Contribution Fee
  • Association fees include common area maintenance, snow removal, trash
  • Palmer Square Management HOA
  • Low-Rise Condominium
  • Palmer Square Subdivision

Listing and Financial Details

  • Tax Lot 00049 03
  • Assessor Parcel Number 14-00020 07-00049 03-C49C

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,237

Year Built

Built in 1932

Lot Details

0

HOA Fees

$246 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Bungalow
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1932
  • Automatically Close On Close Date: No
  • Remarks Public: This newly renovated studio apartment in downtown Princeton is in a "move in" condition. Freshly painted with gleaming refinished and polished hardwood floors and two closets. The integral kitchenette which is cleverly and efficiently laid out can be easily tucked away when entertaining. The black and white floor tiles with white subway tiles adds timeless flair of elegance to the bathroom. Storage unit and coin operated laundry rooms for owners use in the basement. Metered street parking or Parking garage close by. You can't get any closer to the heart of Princeton! Within minutes, you can get from the cozy, quiet serene apartment to the bustle of downtown where the happenings of restaurants, shops, movie theater and McCarter Theater, library etc.. gets you intoxicated!Historic Designation Applies.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Breakfast Area, Floor Plan - Open, Wood Floors
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Basement
  • Total Sq Ft: 280
  • Living Area Sq Ft: 280
  • Price Per Sq Ft: 982.14
  • Above Grade Finished Sq Ft: 280
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 49

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 Front
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator, Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Water Available, Sewer Available, Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 246.06
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal, Trash
  • HOA Name: PALMER SQUARE MANAGEMENT
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 492.12

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 52800.00
  • Land Assessed Value: 168000.00
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2019
  • Zoning: CBCP

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2138994
  • Tax Annual Amount: 5237.00
  • Assessor Parcel Number: 14-00020 07-00049 03-C49C
  • Tax Lot: 00049 03
  • Tax Total Finished Sq Ft: 280
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 08/21/2020

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2020
Closed on
Aug 14, 2020
Sold by
Cullinane Eugene J and Estate Of Robert R Cullinane
Bought by
Barnds Thomas C and Barnds Deborah Lynn
Seller's Agent
Nadia Macauley
Weichert Realtors - Princeton
Buyer's Agent
Judson Henderson
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$285,000
Sold Price
$265,000
Premium/Discount to List
-$20,000
-7.02%
Current Estimated Value
$397,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,879
Avg. Annual Appreciation
8.18%

Purchase Details

Closed on
Apr 28, 2004
Sold by
Pierce Philip
Bought by
Clulinane Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
6.32%

Purchase Details

Closed on
Jul 7, 1998
Sold by
Hall Joan
Bought by
Pierce Philip and Pierce Betty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,125
Interest Rate
7.02%
Source: Public Records

Range of Values:

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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
Barnds Thomas C $265,000 First American Title Ins Co
Barnds Living Trust $265,000 First American Title
Clulinane Robert $166,000 --
Pierce Philip $77,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clulinane Robert $83,000
Previous Owner Pierce Philip $58,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2020 08/21/20 Sold $265,000 -3.6% $946 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
07/10/2020 07/10/20 Price Changed $275,000 -3.5% $982 / Sq Ft
07/06/2020 07/06/20 For Sale $285,000 0.0% $1,018 / Sq Ft
05/05/2020 05/05/20 Pending -- -- --
04/07/2020 04/07/20 Price Changed $285,000 -1.7% $1,018 / Sq Ft
04/01/2020 04/01/20 For Sale $290,000 0.0% $1,036 / Sq Ft
02/26/2020 02/26/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $290,000 -- $1,036 / 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 $5,880 $220,800 $168,000 $52,800
2024 $5,551 $220,800 $168,000 $52,800
2023 $5,551 $220,800 $168,000 $52,800
2022 $5,370 $220,800 $168,000 $52,800
2021 $5,385 $220,800 $168,000 $52,800
2020 $5,343 $220,800 $168,000 $52,800
2019 $5,237 $220,800 $168,000 $52,800
2018 $5,149 $220,800 $168,000 $52,800
2017 $5,078 $220,800 $168,000 $52,800
2016 $4,999 $220,800 $168,000 $52,800
2015 $4,884 $220,800 $168,000 $52,800
2014 $4,195 $192,000 $139,200 $52,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME291188

Bright MLS

APN: 14-00020-07-00049-03-C49C