52 Sturges Way Princeton, NJ 08540
Estimated Value: $1,392,000 - $1,511,000
4
Beds
3.5
Baths
2,855
Sq Ft
$515/Sq Ft
Est. Value
Highlights
- Midcentury Modern Architecture
- Loft
- No HOA
- Riverside Elementary School Rated A
- 1 Fireplace
- Den
About This Home
As of October 2023This custom-built home lies at the end of a quiet cul-de- sac one block from Riverside elementary school and close to downtown, the shopping center and the high- and middle schools. Built in 1967, this open-concept home is being offered for sale for the first time. Designed by its original owners, a professor, and a designer in the office of Michael Graves, there are many touches that is reminiscent of the Graves’ design aesthetic throughout the home. The open concept first floor is bathed in natural light with floor-to-ceiling picture windows overlooking a professionally landscaped backyard with a brick patio and a 150-year-old tree planted by the owners of the cherry orchard that was once on the property. The living room features a two-sided fireplace, with its nods to Michael Graves in its placement and tubular chimneys. The room features a beamed ceiling, transom windows along the length of the room, custom cabinetry, and a large glass slider to a private backyard brick patio. Off of the living room there is a private study area, with its own private patio on the front of the home and a Yamaguchi-like outdoor concrete sculpture best viewed from the living room. On the other side of the fireplace from the living room, there is the breakfast room and kitchen beyond. Details such Miele stainless steel appliances, custom-built cabinets with a pull-out spice rack, granite counter and a butcher block peninsula make this a versatile and pleasant gourmet kitchen open to the rest of the house. The dining room is next to the kitchen and features a custom built-in buffet, perfect for storage and displaying objects of art. The large family room is beyond the dining room and is airy and bright with an oversized skylight and provides even more access to the rear yard. To complete the first floor there is a bonus space which was used as a studio apartment with its own bath, kitchenette, and separate exterior entrance at the front of the house. A small powder room near the front door rounds out the first floor of this unique home. The second floor is home to a large primary bedroom suite with a cathedral ceiling and its own private balcony. The ensuite has a jetted bathtub and granite topped vanity. Design ideas from Michael Graves can be seen in the pendant lighting either side of the bedroom and in the tile design in the upstairs bathrooms. The two bedrooms to the rear of the second floor are off of a large room “playroom” space, perfect for homework, recreation, or relaxation. There is another full bathroom off of the playroom. There is a large semi-finished basement with a high ceiling that also includes a laundry area and plenty of room for storage in large closets and a small storage area that once served as a small wine cellar. The nicely landscaped, shady yard features large brick patios and extensive outdoor lighting. There is a storage shed for bikes and yard equipment attached to the side of the house. A wonderful, one-of-a-kind home in an extraordinary location looking for a new owners. It is truly a must see!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,841
Year Built
- Built in 1967
Lot Details
- 0.28 Acre Lot
- Property is zoned R2
Home Design
- Midcentury Modern Architecture
- Contemporary Architecture
- Frame Construction
Interior Spaces
- 2,855 Sq Ft Home
- Property has 2 Levels
- 1 Fireplace
- Entrance Foyer
- Family Room
- Living Room
- Breakfast Room
- Dining Room
- Den
- Loft
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
Parking
- 2 Parking Spaces
- 2 Driveway Spaces
Schools
- Riverside Elementary School
- Princeton Middle School
- Princeton High School
Utilities
- Central Air
- Ductless Heating Or Cooling System
- Hot Water Baseboard Heater
- Electric Baseboard Heater
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Riverside Subdivision
Listing and Financial Details
- Tax Lot 00168
- Assessor Parcel Number 14-00056 03-00168
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 3, 2023
Closed on
Sep 18, 2023
Sold by
Goodman Lionel
Bought by
Goodman Steve E and Mravca-Bailey Jordan
Seller's Agent
Ingela Kostenbader
Queenston Realty, LLC
Buyer's Agent
Ingela Kostenbader
Queenston Realty, LLC
List Price
$1,199,000
Sold Price
$1,300,000
Premium/Discount to List
$101,000
8.42%
Total Days on Market
22
Views
68
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,394
Avg. Annual Appreciation
9.71%
Original Mortgage
$450,000
Outstanding Balance
$443,973
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$1,067,896
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Similar Homes in Princeton, NJ
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Goodman Steve E | $1,284,700 | Foundation Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Goodman Steve E | $450,000 | |
| Previous Owner | Goodman Lionel | $200,000 | |
| Previous Owner | Goodman Lionel | $175,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/04/2023 10/04/23 | Sold | $1,300,000 | +8.4% | $455 / Sq Ft |
| 08/25/2023 08/25/23 | Pending | -- | -- | -- |
| 08/03/2023 08/03/23 | For Sale | $1,199,000 | -- | $420 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $18,443 | $733,600 | $476,000 | $257,600 |
| 2023 | $18,443 | $733,600 | $476,000 | $257,600 |
| 2022 | $17,841 | $733,600 | $476,000 | $257,600 |
| 2021 | $17,893 | $733,600 | $476,000 | $257,600 |
| 2020 | $17,503 | $733,600 | $476,000 | $257,600 |
| 2019 | $17,401 | $733,600 | $476,000 | $257,600 |
| 2018 | $17,108 | $733,600 | $476,000 | $257,600 |
| 2017 | $16,873 | $733,600 | $476,000 | $257,600 |
| 2016 | $15,182 | $670,600 | $400,000 | $270,600 |
| 2015 | $14,584 | $670,600 | $400,000 | $270,600 |
| 2014 | $14,403 | $670,600 | $400,000 | $270,600 |
Source: Public Records
Agents Affiliated with this Home
-
Ingela Kostenbader
Seller's Agent in 2023
Ingela Kostenbader
Queenston Realty, LLC
(609) 902-5302
117 in this area
287 Total Sales
Map
Source: Bright MLS
MLS Number: NJME2033340
APN: 14-00056-03-00168
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