$365,000
SOLD JUN 12, 2024

49 Palmer Square W Unit I Princeton, NJ 08542

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

Recently Sold

$1,304 Per Sq Ft

3 Days on Market

Highlights

  • Wood Flooring
  • Great Room
  • Built-In Features
  • Community Park Elementary School Rated A+
  • Efficiency Studio
  • Entrance Foyer

About This Home

As of June 2024

In the HEART OF TOWN! Third floor Palmer Square studio apartment, always in demand by students, professionals, and others. Hardwood floors, kitchenette, updated bathroom, lovely outside terrace with reflecting pool for relaxation. Owner pays for electric (PSE&G), and cable. Heat and hot water INCLUDED in monthly condo fee. Parking available in nearby parking garage for monthly rate. Storage bin and laundry in basement. Around a corner and across the street from Princeton University; restaurants, theaters, plays, libraries, lectures, trains -- the opportunities are endless!

Last Agent to Sell the Property

Judith Budwig

BHHS Fox & Roach - Princeton License #1432354 Listed on: 05/04/2024

BHHS Fox & Roach - Princeton

Last Buyer's Agent

Xiaoyi Wu

Queenston Realty, LLC License #1536520

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,550

Year Built

  • Built in 1932

Lot Details

  • Property is in very good condition

HOA Fees

  • $327 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1 Full Bathroom
  • 280 Sq Ft Home
  • Property has 1 Level
  • Built-In Features
  • Entrance Foyer
  • Great Room
  • Efficiency Studio
  • Gas Oven or Range

Flooring

  • Wood
  • Tile or Brick

Basement

  • Interior Basement Entry
  • Laundry in Basement

Utilities

  • Window Unit Cooling System
  • Radiator
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 14-00020 08-00049 09-C49I

Community Details

Overview

  • $654 Capital Contribution Fee
  • Association fees include common area maintenance, gas, heat, management, sewer, trash, water
  • Low-Rise Condominium
  • Palmer Square Subdivision

Amenities

  • Laundry Facilities
  • Community Storage Space

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,550

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: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Inclusions: Heat, hot & cold water, cooking gas included in rent. Window unit air conditioner.
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-05-04
  • Federal Flood Zone: No
  • Year Built: 1932
  • Automatically Close On Close Date: No
  • Remarks Public: In the HEART OF TOWN! Third floor Palmer Square studio apartment, always in demand by students, professionals, and others. Hardwood floors, kitchenette, updated bathroom, lovely outside terrace with reflecting pool for relaxation. Owner pays for electric (PSE&G), and cable. Heat and hot water INCLUDED in monthly condo fee. Parking available in nearby parking garage for monthly rate. Storage bin and laundry in basement. Around a corner and across the street from Princeton University; restaurants, theaters, plays, libraries, lectures, trains -- the opportunities are endless!
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Refrigerator, Oven/Range - Gas
  • Entry Floor: 3
  • Flooring Type: Wood, Tile/Brick
  • Interior Amenities: Built-Ins, Efficiency
  • Fireplace: No
  • Levels Count: 1
  • Room List: Foyer, Great Room, Bathroom 1
  • Basement: Yes
  • Basement Type: Interior Access
  • Laundry Type: Basement
  • Total Sq Ft: 280
  • Living Area Sq Ft: 280
  • Price Per Sq Ft: 1303.57
  • 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
  • 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
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • 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 Amenities: Extra Storage, Laundry Facilities
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Gas, Heat, Management, Sewer, Trash, Water
  • 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
  • Property Condition: Good, Very Good
  • Zoning: CBCP

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5550.00
  • Assessor Parcel Number: 14-00020 08-00049 09-C49I
  • Tax Year: 2023
  • Close Date: 06/12/2024

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2024
Closed on
Jun 7, 2024
Sold by
Karmas Raivo and Karmas Trust
Bought by
Zhang Huirong
Seller's Agent
Xiaoyi Wu
Queenston Realty, LLC
Buyer's Agent
Xiaoyi Wu
Queenston Realty, LLC
Sold Price
$2,100
Views
12
Current Estimated Value
$420,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,920
Avg. Annual Appreciation
12.99%

Purchase Details

Closed on
Mar 18, 2009
Sold by
Karmas Raivo
Bought by
Karl A Karmas Trust Of 2005

Purchase Details

Closed on
Feb 17, 2006
Sold by
Matheis Michael
Bought by
Karmas Raivo
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 Type Sale Price Title Company
Bargain Sale Deed $365,000 Title Authority
Interfamily Deed Transfer $224,000 None Available
Deed $224,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 Price Changed $2,350 -6.0% $8 / Sq Ft
07/23/2025 07/23/25 For Rent $2,500 +19.0% --
07/01/2024 07/01/24 Rented $2,100 0.0% --
06/16/2024 06/16/24 For Rent $2,100 0.0% --
06/12/2024 06/12/24 Sold $365,000 0.0% $1,304 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
05/04/2024 05/04/24 For Sale $365,000 0.0% $1,304 / Sq Ft
08/04/2023 08/04/23 Rented $1,850 0.0% --
08/04/2023 08/04/23 Under Contract -- -- --
08/01/2023 08/01/23 For Rent $1,850 +5.7% --
04/01/2022 04/01/22 Rented $1,750 0.0% --
03/30/2022 03/30/22 Under Contract -- -- --
03/03/2022 03/03/22 For Rent $1,750 +1.4% --
05/20/2021 05/20/21 Rented $1,725 0.0% --
05/14/2021 05/14/21 Under Contract -- -- --
04/30/2021 04/30/21 For Rent $1,725 +7.8% --
12/29/2020 12/29/20 Rented $1,600 0.0% --
12/28/2020 12/28/20 Under Contract -- -- --
08/03/2020 08/03/20 Price Changed $1,600 -8.6% $6 / Sq Ft
07/08/2020 07/08/20 For Rent $1,750 +1.4% --
09/01/2018 09/01/18 Rented $1,725 -5.5% --
08/14/2018 08/14/18 Under Contract -- -- --
06/11/2018 06/11/18 For Rent $1,825 +5.8% --
08/01/2015 08/01/15 Rented $1,725 0.0% --
07/07/2015 07/07/15 Under Contract -- -- --
05/09/2015 05/09/15 For Rent $1,725 -- --
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 $5,551 $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: NJME2042704

Bright MLS

APN: 14-00020-08-00049-09-C49I