NOT LISTED FOR SALE

5 Lafayette Rd W Princeton, NJ 08540

Estimated Value: $2,726,000 - $2,858,250

5 Beds
6.5 Baths
6,176 Sq Ft
$449/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $2,050,000 $332 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $19,267/month

202 Days on Market

Highlights

  • Tennis Courts
  • 1.02 Acre Lot
  • Marble Flooring
  • Johnson Park School Rated A+
  • Contemporary Architecture
  • Cathedral Ceiling

About This Home

As of March 2021

All the hallmarks of exceptional design are on display in this classic Princeton home. From its handsome brick exterior, wrought iron entry gates and circular driveway to the finely detailed interior, traditionalism and post-modernism unite in a combination that is truly irresistible. This landmark 1930's residence is surrounded by a manicured acre of gardens, specimen trees, bluestone terraces, meandering stone walls and a private tennis court. The floor plan incorporates a modern addition featuring bright, airy window-walled family and breakfast rooms topped by a unique pyramidal skylight, as well as a skylit chef's center island kitchen with designer cabinetry and state-of-the-art appliances. A spacious entrance foyer introduces generously-sized main floor living spaces, well suited for gracious entertaining as well as casual every day living. The step-down living room has sweeping views of lush gardens while the dining room features graceful plasterwork details. A cozy wood-paneled library with a fireplace, the site of numerous historic meetings during World War II, and an adjacent study complete the main floor. The master suite has a fireplace, dual baths and abundant closets. On the third floor, a guest bedroom suite is enclosed by a modernist glass block wall. A true blend of innovation and classical style, this special home is sited on a quiet cul-de-sac and backs onto ten acres of pristine woodlands. Sheltered and private, its ideal location is just a short walk to downtown Princeton's shops, restaurants, cultural venues and is readily accessible to the area's extraordinary educational institutions.

Last Agent to Sell the Property

Judith Stier

BHHS Fox & Roach - Princeton License #7869162 Listed on: 06/26/2020

BHHS Fox & Roach - Princeton

Last Buyer's Agent

Jennifer Dionne

Callaway Henderson Sotheby's Int'l-Princeton License #1223280

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,798

Year Built

  • Built in 1938

Lot Details

  • 1.02 Acre Lot
  • Lot Dimensions are 175x254
  • East Facing Home
  • Level Lot
  • Sprinkler System
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned R1

Parking

  • 2 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Oversized Parking
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Brick Exterior Construction
  • Pitched Roof
  • Slate Roof
  • Wood Siding

Interior Spaces

  • 6,176 Sq Ft Home
  • Property has 3.5 Levels
  • Cathedral Ceiling
  • Skylights
  • Stone Fireplace
  • Gas Fireplace
  • Replacement Windows
  • Family Room
  • Living Room
  • Dining Room
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Butlers Pantry
  • Built-In Self-Cleaning Double Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone
  • Marble
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Home Security

  • Home Security System
  • Fire Sprinkler System

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Tennis Courts
  • Patio
  • Exterior Lighting
  • Shed
  • Porch

Schools

  • Johnson Park Elementary School
  • J Witherspoon Middle School
  • Princeton High School

Utilities

  • Central Air
  • Radiant Heating System
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Western Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14-00001 01-00026

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,798

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Traditional
  • Ownership: Fee Simple
  • Exclusions: Living Room Draperies, Dining Room Chandelier
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1938
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Cooktop, Oven - Wall, Oven - Double, Oven - Self Cleaning, Dishwasher, Refrigerator, Disposal, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick, Stone, Marble
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Skylight(s), Whirlpool/Hottub, Sprinkler System, Stall Shower, Breakfast Area
  • Window Features: Energy Efficient, Replacement
  • Fireplace Features: Stone, Gas/Propane
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Levels Count: 3.5
  • Room Count: 12
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Upper Floor, Basement
  • Total Sq Ft: 6176
  • Living Area Sq Ft: 6176
  • Net Sq Ft: 6176.00
  • Price Per Sq Ft: 331.93
  • Above Grade Finished Sq Ft: 6176
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 7
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 4
  • Lower Levels Bathrooms: 2
  • Upper Level Bathrooms: 4.00
  • Lower Levels Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 4
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Wood Siding, Brick
  • Exterior Features: Street Lights, Tennis Court(s), Lawn Sprinkler, Exterior Lighting
  • Roof: Pitched, Slate
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Garage Features: Inside Access, Garage Door Opener, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water, Radiant
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: JOHNSON PARK
  • Middle School: J WITHERSPOON
  • High School: PRINCETON
  • School District Key: 300200396175
  • Elementary School: JOHNSON PARK
  • High School: PRINCETON
  • Middle Or Junior School: J WITHERSPOON

Lot Info

  • Lot Features: Level, Sloping, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 1.02
  • Lot Dimensions: 175X254
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 44450.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: R1

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Tax Annual Amount: 42798.00
  • Assessor Parcel Number: 14-00001 01-00026
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 03/05/2021

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2020
Closed on
Feb 28, 2021
Sold by
Yarian David and Yarian Jane
Bought by
Powers Michael and Powers Margaret
Seller's Agent
Judith Stier
BHHS Fox & Roach - Princeton
Buyer's Agent
Jennifer Dionne
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$2,050,000
Sold Price
$2,050,000
Total Days on Market
202
Current Estimated Value
$2,772,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$722,417
Avg. Annual Appreciation
8.99%
Original Mortgage
$1,350,000
Outstanding Balance
$1,234,677
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,720,471

Purchase Details

Closed on
Oct 27, 1987
Bought by
Yarian David and Yarian Jane
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 Buyer Sale Price Title Company
Powers Michael $2,050,000 Empire Ttl & Abstract Agcy L
Yarian David $825,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powers Michael $1,350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2021 03/05/21 Sold $2,050,000 0.0% $332 / Sq Ft
01/14/2021 01/14/21 Pending -- -- --
12/27/2020 12/27/20 For Sale $2,050,000 0.0% $332 / Sq Ft
12/26/2020 12/26/20 Off Market $2,050,000 -- --
09/14/2020 09/14/20 Price Changed $2,050,000 -8.9% $332 / Sq Ft
06/26/2020 06/26/20 For Sale $2,250,000 -- $364 / 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
2024 $44,460 $1,770,500 $698,000 $1,072,500
2023 $44,460 $1,768,500 $698,000 $1,070,500
2022 $43,010 $1,768,500 $698,000 $1,070,500
2021 $43,134 $1,768,500 $698,000 $1,070,500
2020 $42,798 $1,768,500 $698,000 $1,070,500
2019 $41,949 $1,768,500 $698,000 $1,070,500
2018 $41,241 $1,768,500 $698,000 $1,070,500
2017 $40,676 $1,768,500 $698,000 $1,070,500
2016 $40,039 $1,768,500 $698,000 $1,070,500
2015 $39,119 $1,768,500 $698,000 $1,070,500
2014 $38,642 $1,768,500 $698,000 $1,070,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME297580

Bright MLS

APN: 14-00001-01-00026