NOT LISTED FOR SALE

53 S Main St Cranbury, NJ 08512

Estimated Value: $1,099,567 - $1,389,000

4 Beds
3 Baths
2,956 Sq Ft
$422/Sq Ft Est. Value

Last Sold January 25, 2016

Last sale price $830,000 $281 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $7,953/month

13 Days on Market

Highlights

  • 1.52 Acre Lot
  • Colonial Architecture
  • 2 Fireplaces
  • The Cranbury School Rated A
  • Wood Flooring
  • 4-minute walk to Heritage Park

About This Home

As of January 2016

Atop one of the highest points on Cranbury's Main Street, on the site of the "Stites House" is the most historic residential property in the village. This property has documented Revolutionary War history. Here in 1778, Washington, Hamilton and Lafayette met to plan what became the Battle of Monmouth. Built in the 1850's and now offered for sale for the first time since 1958, this home has been lovingly maintained, and is a rare opportunity for the next owner. One of the few homes on Main Street with more than 1.5 acres, the extensive lot behind the house offers many possibilities. You will not find room sizes like this in 20th century homes in historic communities such as Cranbury. Do you enjoy entertaining? Start with the grand "Baronial Hall" (18'x 19') dining room with built-in china cabinet. When you are in this space, you can imagine the moments enjoyed by friends and family entertained here...right out of a Norman Rockwell painting at Thanksgiving. Opposite the entry foyer, you will find the first of two living rooms with a handsome fireplace. Adjacent to the front living room is the library, with three walls of windows and built-in bookcases. Off the eat-in kitchen is an office or bedroom with a full bath and exterior entrance. Upstairs are four generous-sized bedrooms and two baths, all with large windows letting in lots of light. The next owners have the opportunity to combine the historic with the contemporary, add modern conveniences, and make this property their own.

Last Agent to Sell the Property

Richard Burke

BHHS Fox & Roach - Princeton Listed on: 11/07/2015

BHHS Fox & Roach - Princeton

Last Buyer's Agent

Rocco D'Armiento

BHHS Fox & Roach - Princeton License #560482

BHHS Fox & Roach - Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,796

Year Built

  • Built in 1850

Lot Details

  • 1.52 Acre Lot
  • West Facing Home
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned V/HR

Parking

  • 2 Car Detached Garage
  • 3 Open Parking Spaces
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Wood Siding

Interior Spaces

  • 2,956 Sq Ft Home
  • Property has 2 Levels
  • Ceiling height of 9 feet or more
  • 2 Fireplaces
  • Family Room
  • Living Room
  • Dining Room
  • Eat-In Kitchen

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3 Full Bathrooms

Unfinished Basement

  • Partial Basement
  • Laundry in Basement

Outdoor Features

  • Patio
  • Shed

Schools

  • Cranbury Elementary School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00003
  • Assessor Parcel Number 02-00018-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,796

Year Built

Built in 1850

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: None.
  • Inclusions: All Appliances And Light Fixtures.
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1850
  • Remarks Public: Atop one of the highest points on Cranbury's Main Street, on the site of the "Stites House" is the most historic residential property in the village. This property has documented Revolutionary War history. Here in 1778, Washington, Hamilton and Lafayette met to plan what became the Battle of Monmouth. Built in the 1850's and now offered for sale for the first time since 1958, this home has been lovingly maintained, and is a rare opportunity for the next owner. One of the few homes on Main Street with more than 1.5 acres, the extensive lot behind the house offers many possibilities. You will not find room sizes like this in 20th century homes in historic communities such as Cranbury. Do you enjoy entertaining? Start with the grand "Baronial Hall" (18'x 19') dining room with built-in china cabinet. When you are in this space, you can imagine the moments enjoyed by friends and family entertained here...right out of a Norman Rockwell painting at Thanksgiving. Opposite the entry foyer, you will find the first of two living rooms with a handsome fireplace. Adjacent to the front living room is the library, with three walls of windows and built-in bookcases. Off the eat-in kitchen is an office or bedroom with a full bath and exterior entrance. Upstairs are four generous-sized bedrooms and two baths, all with large windows letting in lots of light. The next owners have the opportunity to combine the historic with the contemporary, add modern conveniences, and make this property their own.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood, Vinyl
  • Interior Amenities: Primary Bath(s), Kitchen - Eat-In
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Center Hall
  • Foundation Details: Stone
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Laundry Type: Basement
  • Total Sq Ft: 2956
  • Living Area Sq Ft: 2956
  • Net Sq Ft: 2956.00
  • Price Per Sq Ft: 270.64
  • Above Grade Finished Sq Ft: 2956
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 53

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Wood Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Parking Features: Street
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: On Street, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: CRANBURY TOWNSHIP PUBLIC SCHOOLS
  • Elementary School: CRANBURY
  • School District Key: 300200396184
  • Elementary School: CRANBURY

Lot Info

  • Improvement Assessed Value: 539200.00
  • Land Assessed Value: 290000.00
  • Lot Features: Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 1.52
  • Lot Dimensions: 218
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 66000.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Zoning: V/HR

Green Features

  • Green Remarks: Pre-listing home inspection completed. Receipts and reports for radon, termites, closed oil tanks, etc. available upon request.

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2584783
  • Tax Annual Amount: 15796.00
  • Assessor Parcel Number: 02-00018-00003
  • Tax Lot: 00003
  • Tax Year: 2014
  • Close Date: 01/25/2016

MLS Schools

  • School District Name: CRANBURY TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2020
Sold by
Taylor James Morrison and Taylor James M
Bought by
Morrison Taylor James and Morrison Anne Taylor
Current Estimated Value
$1,246,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,900
Outstanding Balance
$529,446
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$731,130

Purchase Details

Listed on
Nov 7, 2015
Closed on
Jan 25, 2016
Sold by
Benedict Christopher and Benedict Rodman
Bought by
Taylor James Morrison and Taylor James M
Seller's Agent
Richard Burke
BHHS Fox & Roach - Princeton
Buyer's Agent
Rocco D'Armiento
BHHS Fox & Roach - Princeton
List Price
$800,000
Sold Price
$830,000
Premium/Discount to List
$30,000
3.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.45%
Original Mortgage
$38,180
Interest Rate
3.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 2, 2011
Sold by
Benedict Christopher
Bought by
Benedict Christopher and Benedict Rodman
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
Morrison Taylor James -- Premier Abstract & Title
Taylor James Morrison $830,000 Premier Abstract & Title
Benedict Christopher -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrison Taylor James $612,900
Previous Owner Morrison Taylor Jr James $39,000
Previous Owner Morrison Taylor Jr James $38,180
Previous Owner Taylor James Morrison $664,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2016 01/25/16 Sold $830,000 +3.8% $281 / Sq Ft
11/20/2015 11/20/15 Pending -- -- --
11/07/2015 11/07/15 For Sale $800,000 -- $271 / 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
2024 $13,932 $770,600 $290,000 $480,600
2023 $13,932 $770,600 $290,000 $480,600
2022 $13,732 $770,600 $290,000 $480,600
2021 $13,944 $770,600 $290,000 $480,600
2020 $13,717 $770,600 $290,000 $480,600
2019 $13,944 $775,100 $290,000 $485,100
2018 $15,262 $775,100 $290,000 $485,100
2017 $14,859 $775,100 $290,000 $485,100
2016 $14,983 $775,100 $290,000 $485,100
2015 $15,738 $829,200 $290,000 $539,200
2014 $15,796 $829,200 $290,000 $539,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002733470

Bright MLS

APN: 02-00018-0000-00003