$393,500
SOLD SEP 28, 2021

5 Mercer St Hopewell, NJ 08525

4 Beds
2 Baths
-- Sq Ft
8,786 Sq Ft Lot

Recently Sold

5% Below List Price

62 Days on Market

Highlights

  • Raised Ranch Architecture
  • Wood Flooring
  • Skylights
  • Hopewell Valley Central High School Rated A
  • No HOA
  • Porch

About This Home

As of June 2023

Just one block to Broad Street, it will be easy to enjoy all the sights, sounds, and gourmet delights of Hopewell Borough without ever thinking about taking out the car. And for anyone who appreciates established gardens and growing their own vegetables, this one will be a real paradise offering a yard full of organic vegetables and herb beds and perennial blooms throughout the season. Inside, the whole house was painted in 2021 and the carpeting replaced in the living room and in three bedrooms. The kitchen includes a skylight, stainless appliances, and a spacious dining area with a modern new light fixture. Down the hall, one of two full bathrooms was tastefully updated with well-chosen fixtures. The second bathroom is a part of the main bedroom, which also includes generous closets. In addition to the attached one-car garage, the lower level houses a finished room with its own entrance that could be a fourth bedroom, or a versatile room with flexible options. Another room has huge amounts of storage. Act fast and you can be in to enjoy all that the Borough has to offer as early as next month!

Last Agent to Sell the Property

Thomas McMillan

Callaway Henderson Sotheby's Int'l-Lambertville Listed on: 06/26/2021

Callaway Henderson Sotheby's Int'l-Lambertville

Last Buyer's Agent

MICHAEL P. Barasch

Compass New Jersey, LLC - Princeton

Compass New Jersey, LLC - Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,570

Year Built

  • Built in 1987

Lot Details

  • 8,786 Sq Ft Lot
  • Lot Dimensions are 72.00 x 122.00
  • Downtown Location
  • North Facing Home
  • Level Lot
  • Front Yard
  • Property is in very good condition
  • Property is zoned R75

Parking

  • 1 Car Attached Garage
  • 3 Driveway Spaces
  • Front Facing Garage
  • Gravel Driveway

Home Design

  • Raised Ranch Architecture
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Skylights
  • Marble Fireplace
  • Living Room
  • Dining Room
  • Partially Finished Basement
  • Walk-Out Basement

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on lower level
  • Washer
  • Gas Dryer

Outdoor Features

  • Storage Shed
  • Porch

Schools

  • Hopewell Elementary School
  • Timberlane Middle School
  • Hoval High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00032
  • Assessor Parcel Number 05-00014-00032

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,570

Year Built

Built in 1987

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Raised Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: No
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Remarks Public: Just one block to Broad Street, it will be easy to enjoy all the sights, sounds, and gourmet delights of Hopewell Borough without ever thinking about taking out the car. And for anyone who appreciates established gardens and growing their own vegetables, this one will be a real paradise offering a yard full of organic vegetables and herb beds and perennial blooms throughout the season. Inside, the whole house was painted in 2021 and the carpeting replaced in the living room and in three bedrooms. The kitchen includes a skylight, stainless appliances, and a spacious dining area with a modern new light fixture. Down the hall, one of two full bathrooms was tastefully updated with well-chosen fixtures. The second bathroom is a part of the main bedroom, which also includes generous closets. In addition to the attached one-car garage, the lower level houses a finished room with its own entrance that could be a fourth bedroom, or a versatile room with flexible options. Another room has huge amounts of storage. Act fast and you can be in to enjoy all that the Borough has to offer as early as next month!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Oven/Range - Gas, Microwave, Dryer - Gas, Washer, Dishwasher, Dryer - Electric
  • Flooring Type: Carpet, Hardwood, Vinyl
  • Interior Amenities: Kitchen - Island, Tub Shower, Skylight(s)
  • Fireplace Features: Marble
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room Count: 7
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Walkout Level, Partially Finished
  • Basement Finished Percent: 25.00
  • Laundry Type: Lower Floor
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Frame, Vinyl Siding
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Gravel Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 3

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: HOPEWELL VALLEY REGIONAL SCHOOLS
  • Elementary School: HOPEWELL E.S.
  • Middle School: TIMBERLANE M.S.
  • High School: HOVAL HS
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397266
  • School District Source: Listing Agent
  • Elementary School: HOPEWELL E.S.
  • High School: HOVAL HS
  • Middle Or Junior School: TIMBERLANE M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 137600.00
  • Land Assessed Value: 203700.00
  • Lot Features: Front Yard, Level
  • Lot Size Acres: 0.20
  • Lot Dimensions: 72.00 x 122.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8786.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: R75

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2118188
  • Tax Annual Amount: 10570.00
  • Assessor Parcel Number: 05-00014-00032
  • Tax Lot: 00032
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 09/28/2021

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2023
Closed on
Jun 6, 2023
Sold by
Juleff Andrew
Bought by
Armstrong Family Trust
Seller's Agent
MICHAEL P. Barasch
Compass New Jersey, LLC - Princeton
Buyer's Agent
Linda Twining
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$449,000
Sold Price
$470,000
Premium/Discount to List
$21,000
4.68%
Views
76
Current Estimated Value
$569,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,477
Avg. Annual Appreciation
8.36%

Purchase Details

Listed on
Jun 26, 2021
Closed on
Sep 22, 2021
Sold by
Klett Theodore M and Klett Rozanne L
Bought by
Juleff Andrew
Seller's Agent
Thomas McMillan
Callaway Henderson Sotheby's Int'l-Lambertville
Buyer's Agent
MICHAEL P. Barasch
Compass New Jersey, LLC - Princeton
List Price
$415,000
Sold Price
$393,500
Premium/Discount to List
-$21,500
-5.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.08%
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
Deed $470,000 Old Republic Title
Deed $393,500 Acres Land Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $210,000 New Conventional
Previous Owner $20,000 Unknown
Previous Owner $10,000 Credit Line Revolving
Previous Owner $200,000 New Conventional
Previous Owner $180,000 New Conventional
Previous Owner $200,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2023 06/08/23 Sold $470,000 +4.7% --
03/31/2023 03/31/23 For Sale $449,000 +14.1% --
09/28/2021 09/28/21 Sold $393,500 -1.1% --
08/27/2021 08/27/21 Pending -- -- --
08/21/2021 08/21/21 Price Changed $398,000 -4.1% --
06/26/2021 06/26/21 For Sale $415,000 -- --
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
2024 $11,297 $341,300 $203,700 $137,600
2023 $11,297 $341,300 $203,700 $137,600
2022 $10,918 $341,300 $203,700 $137,600
2021 $10,720 $341,300 $203,700 $137,600
2020 $10,570 $341,300 $203,700 $137,600
2019 $10,782 $353,400 $203,700 $149,700
2018 $10,316 $353,400 $203,700 $149,700
2017 $9,998 $353,400 $203,700 $149,700
2016 $9,673 $353,400 $203,700 $149,700
2015 $9,736 $353,400 $203,700 $149,700
2014 $8,711 $340,000 $248,200 $91,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2000800

Bright MLS

APN: 05-00014-0000-00032