NOT LISTED FOR SALE

49 Palmer Square W Unit L Princeton, NJ 08542

Estimated Value: $371,000 - $428,000

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

Last Sold July 26, 2024

Last sale price $365,000

Est. 7% increase in value since last sale

Current estimated payment $2,907/month

60 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Living Room
  • Community Park Elementary School Rated A+
  • 1 Fireplace
  • Hot Water Baseboard Heater

About This Home

As of July 2024

With this sunny and spotless Palmer Square studio, you'll always have entertainment, transportation, boutiques, cafes and fine dining right at your doorstep. Take part in seasonal festivities, including Princeton's annual tree lighting, or quietly enjoy a bird's eye view from your windows. The unit is brimming with all the expected character, like a traditional fireplace and hardwood flooring. An efficient stainless steel Pullman kitchen is conveniently hidden away behind louvered doors. The bathroom has clean, classic fixtures and a freshly tiled tub/shower. Extra storage and laundry facilities are right downstairs and parking is guaranteed. Residents also have access to the peaceful courtyard decorated with bountiful urns around a central fountain. The building's entry is tucked beneath a stone archway, providing additional charm and protection from the elements. This is the perfect pied-a-terre, investment property or town 'n gown getaway.

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: 05/10/2024

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

yimeng fan

fym568@gmail.com Queenston Realty, LLC License #2438277

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,829

Year Built

  • Built in 1932

HOA Fees

  • $327 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Entry on the 3rd floor
  • Brick Exterior Construction

Interior Spaces

  • 1 Full Bathroom
  • Property has 1 Level
  • 1 Fireplace
  • Living Room
  • Wood Flooring
  • Laundry in Basement

Schools

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

Utilities

  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00049 12
  • Assessor Parcel Number 14-00020 08-00049 12-C49L

Community Details

Overview

  • Low-Rise Condominium
  • Palmer Square Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,829

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: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1932
  • Automatically Close On Close Date: No
  • Remarks Public: With this sunny and spotless Palmer Square studio, you'll always have entertainment, transportation, boutiques, cafes and fine dining right at your doorstep. Take part in seasonal festivities, including Princeton's annual tree lighting, or quietly enjoy a bird's eye view from your windows. The unit is brimming with all the expected character, like a traditional fireplace and hardwood flooring. An efficient stainless steel Pullman kitchen is conveniently hidden away behind louvered doors. The bathroom has clean, classic fixtures and a freshly tiled tub/shower. Extra storage and laundry facilities are right downstairs and parking is guaranteed. Residents also have access to the peaceful courtyard decorated with bountiful urns around a central fountain. The building's entry is tucked beneath a stone archway, providing additional charm and protection from the elements. This is the perfect pied-a-terre, investment property or town 'n gown getaway.
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Flooring Type: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Living Room, Kitchen
  • Basement: No
  • Laundry Type: Basement
  • 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
  • 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: No
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • 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: No
  • 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
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Year Assessed: 2023
  • Zoning: CBCP

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5829.00
  • Assessor Parcel Number: 14-00020 08-00049 12-C49L
  • Tax Lot: 00049 12
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 07/26/2024

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2024
Closed on
Jul 30, 2024
Sold by
Highet Thomas H and Highet Danuta
Bought by
Wang Jingfang
Seller's Agent
Susan DiMeglio
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
yimeng fan
Queenston Realty, LLC
List Price
$375,000
Sold Price
$365,000
Premium/Discount to List
-$10,000
-2.67%
Views
185
Current Estimated Value
$390,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,676
Avg. Annual Appreciation
5.64%

Purchase Details

Listed on
Feb 7, 2014
Closed on
May 8, 2014
Sold by
Bilanin Family Llc
Bought by
Highet Thomas H and Highet Danuta
Seller's Agent
Colleen Hall
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Susan DiMeglio
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$278,500
Sold Price
$278,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.68%
Original Mortgage
$222,800
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 13, 2012
Sold by
Bilanin Alan J
Bought by
Bilanin Family Llc
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
Wang Jingfang $365,000 Title Authority
Wang Jingfang $365,000 Title Authority
Highet Thomas H $278,500 Multiple
Bilanin Family Llc -- None Available
Bilanin Alan J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Highet Thomas H $222,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2024 07/26/24 Sold $365,000 -2.7% --
05/10/2024 05/10/24 For Sale $375,000 0.0% --
08/01/2023 08/01/23 Rented $1,950 0.0% --
07/03/2023 07/03/23 Under Contract -- -- --
05/08/2023 05/08/23 For Rent $1,950 +11.4% --
10/01/2021 10/01/21 Rented $1,750 0.0% --
09/10/2021 09/10/21 For Rent $1,750 +2.9% --
09/01/2020 09/01/20 Rented $1,700 0.0% --
07/28/2020 07/28/20 For Rent $1,700 +6.3% --
10/31/2018 10/31/18 Rented $1,600 0.0% --
10/13/2018 10/13/18 Price Changed $1,600 -5.9% $7 / Sq Ft
08/26/2018 08/26/18 For Rent $1,700 0.0% --
05/14/2014 05/14/14 Sold $278,500 0.0% $1,170 / Sq Ft View Prior Sale
03/19/2014 03/19/14 Pending -- -- --
02/07/2014 02/07/14 For Sale $278,500 -- $1,170 / 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 $6,176 $231,900 $175,000 $56,900
2024 $5,830 $231,900 $175,000 $56,900
2023 $5,640 $231,900 $175,000 $56,900
2022 $5,640 $231,900 $175,000 $56,900
2021 $5,656 $231,900 $175,000 $56,900
2020 $5,612 $231,900 $175,000 $56,900
2019 $5,501 $231,900 $175,000 $56,900
2018 $5,408 $231,900 $175,000 $56,900
2017 $5,334 $231,900 $175,000 $56,900
2016 $5,250 $231,900 $175,000 $56,900
2015 $5,130 $231,900 $175,000 $56,900
2014 $4,412 $201,900 $145,000 $56,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2043136

Bright MLS

APN: 14-00020-08-00049-12-C49L