NOT LISTED FOR SALE

5 Constitution Hill E Princeton, NJ 08540

Estimated Value: $881,998 - $1,292,000

2 Beds
2.5 Baths
-- Sq Ft
$1,548/mo HOA Fee

Last Sold May 02, 2022

Last sale price $750,000

Est. 41% increase in value since last sale

Current estimated payment $8,714/month

Highlights

  • Manor Architecture
  • 2 Fireplaces
  • Tennis Courts
  • Johnson Park School Rated A+
  • Community Pool
  • Party Room

About This Home

As of May 2022

Brick garden walls provide a romantic enclosure for the exceedingly private outdoor spaces dedicated to this light-filled corner condo within the sensitively converted Morgan Mansion. Available for the first time in decades, #5 has a more contemporary, casual feel than one might expect from the mansion, thanks to an open floor plan, modern skylights and lots of exposed brick. The foyer, housing a powder room and the laundry, is chock full of character with a hefty Dutch door introducing the storage-rich, full-sized kitchen. The dining room, lined with glass yet still utterly private, shares its ample sunlight with the central living room featuring a fireplace and pickled wood floor. A sunken alcove, once again skylit, currently connects to unit 6, also offered for sale. Both upstairs suites are extra roomy and wrapped in leaded-glass windows. One has a walk-in closet and the other boasts a second fireplace. Your own 2-car garage is mere steps away and secure storage is easily accessible in the basement and your own attic. Constitution Hill residents enjoy use of the park-like grounds with pretty pool and tennis courts.

Last Agent to Sell the Property

Jane Henderson Kenyon

Callaway Henderson Sotheby's Int'l-Princeton License #8033952 Listed on: 03/19/2022

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

David Schure

Callaway Henderson Sotheby's Int'l-Princeton License #8840761

Callaway Henderson Sotheby's Int'l-Princeton

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,651

Year Built

  • Built in 1900 | Remodeled in 1980

Lot Details

  • 0.78

HOA Fees

  • $1,548 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Front Facing Garage

Home Design

  • Manor Architecture
  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • Property has 2 Levels
  • 2 Fireplaces
  • Non-Functioning Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Den

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on main level

Basement

  • Partial Basement
  • Exterior Basement Entry

Utilities

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

Listing and Financial Details

  • Tax Lot 00001 05
  • Assessor Parcel Number 14-08501-00001 05

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, recreation facility
  • $168 Other Monthly Fees
  • Quinn And Storey HOA, Phone Number (609) 896-0347
  • Constitution Hill Subdivision
  • Property Manager

Amenities

  • Common Area
  • Party Room

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,651

Year Built

Built in 1900 | Remodeled in 1980

Lot Details

0

HOA Fees

$1,548 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Manor
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1900
  • Year Renovated: 1980
  • Remarks Public: Brick garden walls provide a romantic enclosure for the exceedingly private outdoor spaces dedicated to this light-filled corner condo within the sensitively converted Morgan Mansion. Available for the first time in decades, #5 has a more contemporary, casual feel than one might expect from the mansion, thanks to an open floor plan, modern skylights and lots of exposed brick. The foyer, housing a powder room and the laundry, is chock full of character with a hefty Dutch door introducing the storage-rich, full-sized kitchen. The dining room, lined with glass yet still utterly private, shares its ample sunlight with the central living room featuring a fireplace and pickled wood floor. A sunken alcove, once again skylit, currently connects to unit 6, also offered for sale. Both upstairs suites are extra roomy and wrapped in leaded-glass windows. One has a walk-in closet and the other boasts a second fireplace. Your own 2-car garage is mere steps away and secure storage is easily accessible in the basement and your own attic. Constitution Hill residents enjoy use of the park-like grounds with pretty pool and tennis courts.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Fireplace Features: Non-Functioning
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Foyer, Laundry, Office, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Partial, Outside Entrance
  • Laundry Type: Main Floor
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Slate
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

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: 4644.08
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Party Room, Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Recreation Facility
  • HOA Name: QUINN AND STOREY
  • HOA Phone: 609-896-0347
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 503.15
  • Other Fees Frequency: Quarterly

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: 282700.00
  • Land Assessed Value: 400000.00
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2021
  • Zoning: R2

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 2145525
  • Tax Annual Amount: 16651.00
  • Assessor Parcel Number: 14-08501-00001 05
  • Tax Lot: 00001 05
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 05/02/2022

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2022
Closed on
Apr 27, 2022
Sold by
Burke Diane W
Bought by
Schafer David W and Schafer Michelle D
Seller's Agent
Jane Henderson Kenyon
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
David Schure
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$725,000
Sold Price
$750,000
Premium/Discount to List
$25,000
3.45%
Current Estimated Value
$1,060,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,750
Avg. Annual Appreciation
10.83%
Original Mortgage
$647,200
Outstanding Balance
$614,948
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$445,802
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
Schafer David W $750,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schafer David W $647,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2022 05/02/22 Sold $750,000 +3.4% --
03/26/2022 03/26/22 Pending -- -- --
03/19/2022 03/19/22 For Sale $725,000 -- --
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
2025 $18,180 $620,400 $400,000 $220,400
2024 $17,163 $682,700 $400,000 $282,700
2023 $17,163 $682,700 $400,000 $282,700
2022 $16,603 $682,700 $400,000 $282,700
2021 $16,651 $682,700 $400,000 $282,700
2020 $16,271 $682,700 $400,000 $282,700
2019 $16,194 $682,700 $400,000 $282,700
2018 $15,921 $682,700 $400,000 $282,700
2017 $15,702 $682,700 $400,000 $282,700
2016 $15,456 $682,700 $400,000 $282,700
2015 $14,851 $682,700 $400,000 $282,700
2014 $14,667 $682,700 $400,000 $282,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2013740

Bright MLS

APN: 14-08501-0000-00001-05