NOT LISTED FOR SALE

51 Park Place Princeton, NJ 08542

Estimated Value: $1,347,000 - $1,592,000

4 Beds
2.5 Baths
2,320 Sq Ft
$636/Sq Ft Est. Value

Last Sold April 21, 2023

Last sale price $1,275,000 $550 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $9,346/month

22 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Breakfast Room
  • Community Park Elementary School Rated A+
  • No HOA
  • Stainless Steel Appliances

About This Home

As of April 2023

Impeccable Victorian duplex renovated from top-to-bottom with off street parking and just one block from Nassau Street. The current owners hired a great architect, kitchen designer and contractor to add a two- story rear addition which included a redesign of the kitchen, primary bedroom and all bathrooms. Both front and rear porches were rebuilt , along with the replacement of the roof, siding and HVAC systems! Tasteful selections were made in keeping with the period, original architectural features were kept and replicated to marry the old with the new for a light, bright and airy finish. A wide bluestone walkway and steps lead to a charming front porch, the first floor offers a living room with original pocket doors that open to the dining room, the kitchen (designed by Lisa Tobias) is eat-in with an L-shaped center island and breakfast bar. Miele, Liebherr and Wolf appliances are complemented by floor-to-ceiling cabinets, Quartzite perimeter counters and a custom walnut counter tops the breakfast bar. Tall windows in the breakfast area overlook the backyard and a full glass door leads to a privately fenced patio and behind the garden gate is parking for two cars. The second floor redesign offers a primary bedroom with a cathedral ceiling, tall windows and a private full bath. Two more bedrooms share a renovated hall bathroom and a hallway closet houses a stackable washer and dryer. The third floor is a perfect getaway space, office or 4th bedroom-vaulted ceiling, freshly carpeted and painted, this level has new split wall unit to heat and cool the space. The basement is unfinished and perfect for storage. Located in downtown Princeton with easy access to the University, restaurants, schools, library and more. Life doesn't get any easier.

Last Agent to Sell the Property

Heidi Hartmann

(609) 658-3771 heidihartmannhomes@gmail.com Coldwell Banker Residential Brokerage - Princeton Listed on: 01/25/2023

Coldwell Banker Residential Brokerage - Princeton

Last Buyer's Agent

Ben Kaplan

(215) 226-3688 bkpropertiesnj@gmail.com EXP Realty, LLC License #2081135

EXP Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $16,777

Year Built

  • Built in 1900 | Remodeled in 2013

Lot Details

  • Lot Dimensions are 50.00 x 124.00
  • Extensive Hardscape
  • Back Yard
  • Property is in excellent condition

Home Design

  • Semi-Detached or Twin Home
  • Colonial Architecture
  • Victorian Architecture
  • Frame Construction
  • Shingle Roof
  • Metal Roof

Interior Spaces

  • 2,320 Sq Ft Home
  • Property has 3 Levels
  • Crown Molding
  • Ceiling Fan
  • Bay Window
  • Casement Windows
  • Entrance Foyer
  • Living Room
  • Breakfast Room
  • Dining Room
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

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

Parking

  • 2 Parking Spaces
  • Gravel Driveway

Schools

  • Community Park Elementary School
  • Prin. Midd Middle School
  • Princeton High School

Utilities

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

Community Details

  • No Home Owners Association
  • Town Center Subdivision

Listing and Financial Details

  • Tax Lot 00008 02
  • Assessor Parcel Number 14-00028 01-00008 02-C02

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$16,777

Year Built

Built in 1900 | Remodeled in 2013

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial, Victorian
  • Ownership: Fee Simple
  • Inclusions: Washer, dryer, refrigerator and wine refrigerator.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 2023-01-25
  • Year Built: 1900
  • Year Renovated: 2013
  • Automatically Close On Close Date: No
  • Remarks Public: Impeccable Victorian duplex renovated from top-to-bottom with off street parking and just one block from Nassau Street. The current owners hired a great architect, kitchen designer and contractor to add a two- story rear addition which included a redesign of the kitchen, primary bedroom and all bathrooms. Both front and rear porches were rebuilt , along with the replacement of the roof, siding and HVAC systems! Tasteful selections were made in keeping with the period, original architectural features were kept and replicated to marry the old with the new for a light, bright and airy finish. A wide bluestone walkway and steps lead to a charming front porch, the first floor offers a living room with original pocket doors that open to the dining room, the kitchen (designed by Lisa Tobias) is eat-in with an L-shaped center island and breakfast bar. Miele, Liebherr and Wolf appliances are complemented by floor-to-ceiling cabinets, Quartzite perimeter counters and a custom walnut counter tops the breakfast bar. Tall windows in the breakfast area overlook the backyard and a full glass door leads to a privately fenced patio and behind the garden gate is parking for two cars. The second floor redesign offers a primary bedroom with a cathedral ceiling, tall windows and a private full bath. Two more bedrooms share a renovated hall bathroom and a hallway closet houses a stackable washer and dryer. The third floor is a perfect getaway space, office or 4th bedroom-vaulted ceiling, freshly carpeted and painted, this level has new split wall unit to heat and cool the space. The basement is unfinished and perfect for storage. Located in downtown Princeton with easy access to the University, restaurants, schools, library and more. Life doesn't get any easier.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Dryer - Front Loading, Washer - Front Loading, Stainless Steel Appliances, Oven - Wall
  • Flooring Type: Hardwood, Ceramic Tile, Fully Carpeted
  • Interior Amenities: Ceiling Fan(s), Crown Moldings, Kitchen - Eat-In, Kitchen - Island, Kitchen - Table Space
  • Window Features: Bay/Bow, Casement
  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Basement, Foyer, Breakfast Room, Laundry, Bathroom 2, Primary Bathroom
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2320
  • Living Area Sq Ft: 2320
  • Price Per Sq Ft: 549.57
  • Above Grade Finished Sq Ft: 2320
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 51

Beds/Baths

  • Bedrooms: 4
  • 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: Frame
  • Exterior Features: Extensive Hardscape, Sidewalks
  • Roof: Shingle, Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Crushed Stone
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 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: 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: COMMUNITY PARK E.S.
  • Middle School: PRIN. MIDD
  • High School: PRINCETON H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396175
  • School District Source: Listing Agent
  • Elementary School: COMMUNITY PARK E.S.
  • High School: PRINCETON H.S.
  • Middle Or Junior School: PRIN. MIDD

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 205100.00
  • Land Assessed Value: 482800.00
  • Lot Features: Rear Yard
  • Lot Dimensions: 50.00 x 124.00
  • Lot Size Units: Square Feet
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: R4

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2139426
  • Tax Annual Amount: 16777.00
  • Assessor Parcel Number: 14-00028 01-00008 02-C02
  • Tax Lot: 00008 02
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 04/21/2023

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2023
Closed on
Apr 5, 2023
Sold by
Record Owenr
Seller's Agent
Heidi Hartmann
Coldwell Banker Residential Brokerage - Princeton
Buyer's Agent
Ben Kaplan
EXP Realty, LLC
List Price
$1,275,000
Sold Price
$1,275,000
Views
82
Current Estimated Value
$1,474,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,857
Avg. Annual Appreciation
6.12%
Original Mortgage
$1,000,000
Outstanding Balance
$971,280
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$503,577

Purchase Details

Closed on
Jun 30, 2011
Sold by
Tucker Melanie
Bought by
Kelly Kenneth J and Kelly Linda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2008
Sold by
Swaim Kevin S
Bought by
Tucker Melaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
5.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2008
Sold by
Estate Of Kay Swaim and Swaim Kevin S
Bought by
Swaim Kevin S
Source: Public Records

Range of Values:

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Average Value
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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
-- $1,275,000 Pinnacle Title
Redacted Upon Request $1,275,000 Pinnacle Title
Kelly Kenneth J $615,000 None Available
Tucker Melaine $615,000 --
Swaim Kevin S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redacted Upon Request $1,000,000
Closed Redacted Upon Request $1,000,000
Previous Owner Kelly Kenneth J $300,000
Previous Owner Tucker Melaine $492,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2023 04/21/23 Sold $1,275,000 0.0% $550 / Sq Ft
02/17/2023 02/17/23 Pending -- -- --
01/25/2023 01/25/23 For Sale $1,275,000 -- $550 / 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 $18,319 $687,900 $482,800 $205,100
2024 $17,294 $687,900 $482,800 $205,100
2023 $17,294 $687,900 $482,800 $205,100
2022 $16,730 $687,900 $482,800 $205,100
2021 $16,778 $687,900 $482,800 $205,100
2020 $16,647 $687,900 $482,800 $205,100
2019 $16,317 $687,900 $482,800 $205,100
2018 $12,688 $544,100 $370,300 $173,800
2017 $12,514 $544,100 $370,300 $173,800
2016 $12,318 $544,100 $370,300 $173,800
2015 $12,035 $544,100 $370,300 $173,800
2014 $11,487 $473,000 $370,300 $102,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2024280

Bright MLS

APN: 14-00028-01-00008-02-C02