$715,000
SOLD SEP 30, 2019

51 N Tulane St Princeton, NJ 08542

3 Beds
2 Baths
1,652 Sq Ft
4,600 Sq Ft Lot

Recently Sold

$433 Per Sq Ft

11% Below List Price

Highlights

  • Traditional Architecture
  • Attic
  • Forced Air Heating and Cooling System
  • Community Park Elementary School Rated A+
  • No HOA

About This Home

As of September 2019

Standalone 100-year-old single family house with retail store front on ground level and residential 3-bedroom on 2nd level with a spacious finished loft. Mahogany stairways and flooring throughout apartment. Separate entrance to store and apartment respectively. 2 full bath in residential. 1 half bath in retail store. Newly rented and updated retail store with nice landscaping in front. Situated in downtown Princeton, between Spring and Wiggins, next to Princeton public parking lot. You would never run out of parking space. Even so, this residential/commercial mixed property provides precious 4 parking spaces in its own private back yard. Unfinished basement offers lots of storage. Zoned as "RB" with many different options for the commercial space. Sale as is .

Last Agent to Sell the Property

Victoria Wang

(609) 491-2036 vwang@weichert.com Weichert Realtors - Princeton License #1007060 Listed on: 07/08/2019

Weichert Realtors - Princeton

Last Buyer's Agent

Victoria Wang

(609) 491-2036 vwang@weichert.com Weichert Realtors - Princeton License #1007060 Listed on: 07/08/2019

Weichert Realtors - Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,776

Year Built

  • Built in 1920

Lot Details

  • 4,600 Sq Ft Lot
  • Lot Dimensions are 50.00 x 92.00
  • Property is zoned RB

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Frame Construction

Interior Spaces

  • 1,652 Sq Ft Home
  • Property has 2 Levels
  • Attic

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Windows

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00053
  • Assessor Parcel Number 14-00027 03-00053

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,776

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1920
  • Remarks Public: Standalone 100-year-old single family house with retail store front on ground level and residential 3-bedroom on 2nd level with a spacious finished loft. Mahogany stairways and flooring throughout apartment. Separate entrance to store and apartment respectively. 2 full bath in residential. 1 half bath in retail store. Newly rented and updated retail store with nice landscaping in front. Situated in downtown Princeton, between Spring and Wiggins, next to Princeton public parking lot. You would never run out of parking space. Even so, this residential/commercial mixed property provides precious 4 parking spaces in its own private back yard. Unfinished basement offers lots of storage. Zoned as "RB" with many different options for the commercial space. Sale as is .
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Room List: Bathroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished, Windows
  • Total Sq Ft: 1652
  • Living Area Sq Ft: 1652
  • Price Per Sq Ft: 483.66
  • Above Grade Finished Sq Ft: 1652
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 51

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer

Condo/Co-op/Association

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

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: 134400.00
  • Land Assessed Value: 585000.00
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 92.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4600.00
  • Year Assessed: 2018
  • Zoning: RB

Rental Info

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

Tax Info

  • Assessor Parcel Number: 2139377
  • Tax Annual Amount: 16776.00
  • Assessor Parcel Number: 14-00027 03-00053
  • Tax Lot: 00053
  • Tax Total Finished Sq Ft: 1652
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 09/30/2019

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2019
Closed on
Sep 13, 2019
Sold by
Lien Joyce
Bought by
Tulane 51 Llc
Seller's Agent
Victoria Wang
Weichert Realtors - Princeton
Buyer's Agent
Victoria Wang
Weichert Realtors - Princeton
List Price
$799,000
Sold Price
$715,000
Premium/Discount to List
-$84,000
-10.51%
Current Estimated Value
$1,186,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$471,729
Avg. Annual Appreciation
8.81%
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 Type Sale Price Title Company
Deed $715,000 Providence Abstract Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2023 12/17/23 Rented $4,000 0.0% --
10/17/2023 10/17/23 Price Changed $4,000 -11.1% $4 / Sq Ft
10/02/2023 10/02/23 For Rent $4,500 +7.1% --
08/15/2021 08/15/21 Rented $4,200 0.0% --
07/22/2021 07/22/21 Under Contract -- -- --
07/11/2021 07/11/21 For Rent $4,200 0.0% --
09/30/2019 09/30/19 Sold $715,000 -10.5% $433 / Sq Ft
08/16/2019 08/16/19 Pending -- -- --
07/08/2019 07/08/19 For Sale $799,000 -- $484 / 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 $17,653 $662,900 $528,500 $134,400
2024 $16,665 $662,900 $528,500 $134,400
2023 $16,665 $662,900 $528,500 $134,400
2022 $16,122 $662,900 $528,500 $134,400
2021 $16,168 $662,900 $528,500 $134,400
2020 $16,042 $662,900 $528,500 $134,400
2019 $17,064 $719,400 $585,000 $134,400
2018 $16,776 $719,400 $585,000 $134,400
2017 $16,546 $719,400 $585,000 $134,400
2016 $16,287 $719,400 $585,000 $134,400
2015 $15,913 $719,400 $585,000 $134,400
2014 $15,719 $719,400 $585,000 $134,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME282228

Bright MLS

APN: 14-00027-03-00053