NOT LISTED FOR SALE

5 Old Nursery Ln Princeton, NJ 08540

Estimated Value: $776,000 - $852,000

3 Beds
2.5 Baths
2,130 Sq Ft
$385/Sq Ft Est. Value

Last Sold November 12, 2024

Last sale price $765,000 $359 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,321/month

6 Days on Market

Highlights

  • Gourmet Kitchen
  • 0.59 Acre Lot
  • Colonial Architecture
  • Cambridge Elementary School Rated A
  • Open Floorplan
  • Deck

About This Home

As of November 2024

This exquisite home boasts a Princeton mailing address and is perfectly positioned on a tranquil half-acre cul-de-sac. Surrounded by 350 acres of preserved state land, you’ll experience unparalleled privacy and sweeping views. This beautifully appointed residence features 3 bedrooms and 2.5 bathrooms, each meticulously maintained. With an abundance of upgrades throughout, this home seamlessly blends sophistication with comfort, making it ideal for today’s living. As you enter, you are greeted by a warm and inviting foyer that opens into the cozy library—a lovely retreat for reading or work from home. The spacious family room, adorned with a striking floor-to-ceiling brick fireplace, creates a welcoming atmosphere for relaxation and gatherings. The adjacent dining area, bathed in natural light, enhances the home's open and airy feel. The first floor is beautifully appointed with hardwood flooring and leads to a remodeled gourmet kitchen. This culinary haven boasts upgraded cabinetry, a central island, stunning granite countertops, pantry, and high-end stainless steel appliances. A tucked away remodeled powder room completes the main level, adding both style and convenience. On the 2nd level, the primary suite is a luxurious sanctuary featuring two professionally designed walk-in closets and a tastefully remodeled bathroom. This elegant space includes a granite-topped vanity, custom tiling, a large walk-in shower, and soaking tub. Two additional bedrooms on the second floor are complemented by a second full bathroom and an upstairs laundry area for added convenience. Once. outside, enjoy the wide open space on the deck or the flagstone patio. The lush lawns, shaded by mature trees, offer a picturesque setting for outdoor activities. The extremely private backyard leads to walking trails, the D&R Canal, and Lake Carnegie, all providing endless opportunities for outdoor exploration. Conveniently located just a few miles from prestigious downtown Princeton, this home is part of South Brunswick’s Blue Ribbon School District, is close to shopping, and major transportation routes. With its ideal location and move-in-ready condition, this home offers a perfect blend of elegance and practicality, waiting for you to make it your own.

Last Agent to Sell the Property

Betsy Silverman

(609) 575-6665 betsy.silverman@cbmoves.com Coldwell Banker Residential Brokerage-Princeton Jct Listed on: 09/04/2024

Coldwell Banker Residential Brokerage-Princeton Jct

Last Buyer's Agent

Lynn Slavin

(609) 468-1658 lynn.slavin@cbmoves.com Coldwell Banker Residential Brokerage-Princeton Jct License #1758090

Coldwell Banker Residential Brokerage-Princeton Jct

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,626

Year Built

  • Built in 1910

Lot Details

  • 0.59 Acre Lot
  • Property is in excellent condition

Parking

  • 1 Car Detached Garage
  • 2 Driveway Spaces
  • Oversized Parking
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,130 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Library
  • Solid Hardwood Flooring
  • Crawl Space
  • Attic

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Location

  • Flood Risk

Schools

  • Cambridge Elementary School
  • Crossroads South Middle School
  • South Brunswick High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Princeton Nurseries Subdivision

Listing and Financial Details

  • Tax Lot 00003 03
  • Assessor Parcel Number 21-00100-00003 03

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,626

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: personal possessions
  • Inclusions: washer, dryer, refrigerator, dishwasher, stove, window blinds/treatments as exist, all light fixtures as exist
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-09-04
  • Federal Flood Zone: Yes
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dryer, Dishwasher, Oven - Self Cleaning, Oven/Range - Gas, Refrigerator, Washer, Water Heater
  • Flooring Type: Solid Hardwood
  • Interior Amenities: Attic, Built-Ins, Floor Plan - Open, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Bathroom - Soaking Tub, Upgraded Countertops, Window Treatments, Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space, Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Library, Foyer, Bedroom 1, Laundry, Bathroom 2
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2130
  • Living Area Sq Ft: 2130
  • Price Per Sq Ft: 346.95
  • Above Grade Finished Sq Ft: 2130
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Shingle
  • 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
  • Garage Features: Garage - Front Entry, Oversized
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Detached Garage
  • Number of Spaces in Driveway: 2

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: On Site Septic
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: CAMBRIDGE E.S.
  • High School: SOUTH BRUNSWICK H.S.
  • Middle Or Junior School: CROSSROADS SOUTH

Lot Info

  • Lot Size Acres: 0.59
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 25700.00
  • Outdoor Living Structures: Patio(s), Deck(s)
  • Property Condition: Excellent
  • Zoning: R-1

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Multi Family

  • Federal Flood Zone: AE, X

Tax Info

  • Tax Annual Amount: 11626.00
  • Assessor Parcel Number: 21-00100-00003 03
  • Tax Lot: 00003 03
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: SOUTH BRUNSWICK TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2024
Closed on
Nov 7, 2024
Sold by
Bleemer Eli Benjamin and Gorman Alexandra
Bought by
Swann Dylan and Swann Sam
Seller's Agent
Betsy Silverman
Coldwell Banker Residential Brokerage-Princeton Jct
Buyer's Agent
Lynn Slavin
Coldwell Banker Residential Brokerage-Princeton Jct
List Price
$739,000
Sold Price
$765,000
Premium/Discount to List
$26,000
3.52%
Views
51
Current Estimated Value
$819,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,219
Avg. Annual Appreciation
6.67%
Original Mortgage
$612,000
Outstanding Balance
$604,651
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$214,568

Purchase Details

Closed on
Aug 17, 2022
Sold by
Newson James and Newson Daisy
Bought by
Bleemer Eli Benjamin and Bleemer Alexandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2013
Sold by
Gleason Patricia
Bought by
Newson James and Newson Daisy

Purchase Details

Closed on
Dec 30, 2008
Sold by
Princeton Nurseries Village Llc
Bought by
Sassman Michael
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Swann Dylan $765,000 Westcor Land Title
Swann Dylan $765,000 Westcor Land Title
Bleemer Eli Benjamin $660,000 Foundation Title
Newson James $475,000 Title Resources Guranty Co
Sassman Michael -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swann Dylan $612,000
Closed Swann Dylan $612,000
Previous Owner Bleemer Eli Benjamin $520,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/12/2024 11/12/24 Sold $765,000 +3.5% $359 / Sq Ft
09/11/2024 09/11/24 Pending -- -- --
09/04/2024 09/04/24 For Sale $739,000 +12.0% $347 / Sq Ft
11/07/2022 11/07/22 Sold $660,000 +5.6% $287 / Sq Ft View Prior Sale
07/28/2022 07/28/22 For Sale $625,000 -- $272 / 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 $12,084 $220,600 $100,000 $120,600
2024 $11,628 $220,600 $100,000 $120,600
2023 $11,628 $220,600 $100,000 $120,600
2022 $11,075 $216,600 $100,000 $116,600
2021 $8,513 $216,600 $100,000 $116,600
2020 $11,131 $216,600 $100,000 $116,600
2019 $11,229 $216,600 $100,000 $116,600
2018 $10,847 $216,600 $100,000 $116,600
2017 $10,830 $216,600 $100,000 $116,600
2016 $10,696 $216,600 $100,000 $116,600
2015 $10,327 $216,600 $100,000 $116,600
2014 $10,163 $216,600 $100,000 $116,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJMX2007602

Bright MLS

APN: 21-00100-0000-00003-03