NOT LISTED FOR SALE

544 Mercer Rd Princeton, NJ 08540

Estimated Value: $1,809,000 - $2,059,198

4 Beds
4.5 Baths
-- Sq Ft
0.5 Acres

Last Sold November 10, 2023

Last sale price $1,800,000

Est. 9% increase in value since last sale

Current estimated payment $12,909/month

3 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Attic
  • Johnson Park School Rated A+
  • Wood Flooring
  • 2-minute walk to Princeton Battlefield State Park

About This Home

As of November 2023

A full-scale renovation and addition left nothing untouched at this classic Colonial edging Princeton’s Battlefield Park. The 2014 project, proudly featured on Lasley Brahaney’s website, included a new genuine slate roof, crisp white cedar siding and a barrel vaulted portico, all specifically chosen to honor the home’s circa 1915 beginnings. Even the detached garage displays the same gracious charm and attention to detail. A clean, soft paint palette feels especially fresh paired with richly stained hardwood throughout the home’s spotless interior. Textured metallic wallpaper adds a layer of understated glamor to the dining room and hints at the level of finishes to come. A wet bar with wine fridge is perfectly positioned to support entertaining in the formal rooms or in the kitchen, where everyone tends to gather around the generous center island. A Sub-Zero with drawers and a glass door is the crown jewel of the chef-level appliances and ample marble countertops are a baker’s top choice. While the breakfast and family rooms are desirably open, an office and custom mudroom are tucked out of sight. One flight up, two bedrooms now have walk-in closets and dedicated bathrooms. The primary suite boasts gorgeous views of the fenced backyard and broad bluestone patio, particularly from a soaking tub surrounded by marble and the shine of nickel fixtures by Kallista. Of course, there’s a custom walk-in for two, as well as a nearby hall closet ready to accommodate a second laundry, if desired. Previously just an attic, the dormered third floor now offers an incredibly versatile hang-out spot, complete with built-in storage, and a fourth full bath to serve another bedroom with a storybook window nook. This classic beauty provides new-home peace of mind—only 1.4 miles from Nassau Street. A gate out the backyard opens to Battlefield Park with access to the Institute Woods trails, 77 miles of D&R Canal State Park, the Charles H. Rogers Wildlife Refuge, the trolley path along the edge of the Institute for Advanced Study pond, and the Nassau Swim Club.

Last Agent to Sell the Property

Judson Henderson

(609) 651-2226 jhenderson@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #9231366 Listed on: 09/08/2023

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

David Weingarten

(609) 903-3000 david.weingarten@foxroach.com BHHS Fox & Roach - Robbinsville

BHHS Fox & Roach - Robbinsville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,835

Year Built

  • Built in 1915

Lot Details

  • 0.5 Acre Lot
  • Property is zoned R3

Parking

  • 2 Car Detached Garage
  • 4 Driveway Spaces
  • Parking Storage or Cabinetry

Home Design

  • Colonial Architecture
  • Slate Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • Property has 3 Levels
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Recessed Lighting
  • 1 Fireplace
  • Transom Windows
  • Mud Room
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Storage Room
  • Wood Flooring
  • Unfinished Basement
  • Partial Basement
  • Attic

Kitchen

  • Breakfast Room
  • Built-In Double Oven
  • Cooktop with Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Wine Rack

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Patio

Schools

  • Johnson Park Elementary School
  • J Witherspoon Middle School
  • Princeton High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Radiator
  • Radiant Heating System
  • Public Hookup Available For Water
  • Well
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00008
  • Assessor Parcel Number 14-10301-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,835

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Breakfast room light fixture, powder room sconces, window seat sconces in the third floor bedroom, window treatments (negotiable)
  • Inclusions: All appliances as they exist, most light fixtures, window treatment hardware
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2023-09-09
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Cooktop, Dishwasher, Oven - Double, Oven - Wall, Range Hood, Refrigerator, Stainless Steel Appliances
  • Interior Amenities: Attic, Breakfast Area, Built-Ins, Crown Moldings, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Island, Pantry, Primary Bath(s), Recessed Lighting, Soaking Tub, Stall Shower, Tub Shower, Walk-In Closet(s), Wet/Dry Bar, Wine Storage, Wood Floors
  • Window Features: Transom
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Room List: Living Room, Primary Bedroom, Kitchen, Family Room, Foyer, Breakfast Room, Bedroom 1, Mud Room, Office, Recreation Room, Storage Room, Bathroom 1, Primary Bathroom, Full Bath
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 544

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 4
  • Upper Level Bathrooms: 3.00
  • Upper Level 2 Bathrooms: 1.00
  • Upper Level Full Bathrooms: 3
  • Upper Level 2 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cedar, Wood Siding
  • Roof: Slate
  • 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
  • Garage Features: Additional Storage Area
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator, Radiant, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Well, Public Hook-Up Available

Condo/Co-op/Association

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

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: JOHNSON PARK
  • Middle School: J WITHERSPOON
  • High School: PRINCETON
  • 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: JOHNSON PARK
  • High School: PRINCETON
  • Middle Or Junior School: J WITHERSPOON

Lot Info

  • Lot Size Acres: 0.50
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21780.00
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2022
  • Zoning: R3

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 24835.00
  • Assessor Parcel Number: 14-10301-00008
  • Tax Lot: 00008
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 11/10/2023

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
Nov 1, 2023
Sold by
Vaughey Parker E and Vaughey Lynn H
Bought by
Patel Chirag and Patel Malini
Seller's Agent
Judson Henderson
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
David Weingarten
BHHS Fox & Roach - Robbinsville
List Price
$1,695,000
Sold Price
$1,800,000
Premium/Discount to List
$105,000
6.19%
Views
45
Current Estimated Value
$1,959,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,050
Avg. Annual Appreciation
4.61%
Original Mortgage
$1,440,000
Outstanding Balance
$1,414,832
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$544,218

Purchase Details

Closed on
Jun 26, 2006
Sold by
Richardson Juliet
Bought by
Parker Vaughey and Vaughey Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,000
Interest Rate
6.58%

Purchase Details

Closed on
May 10, 2000
Sold by
Genung Alfred
Bought by
Richarsdon Juliet and Richard Leonard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
8.19%
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
Patel Chirag $1,800,000 Surety Title
Patel Chirag $1,800,000 Surety Title
Parker Vaughey $705,000 --
Richarsdon Juliet $418,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Chirag $1,440,000
Closed Patel Chirag $1,440,000
Previous Owner Parker Vaughey $564,000
Previous Owner Richarsdon Juliet $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2023 11/10/23 Sold $1,800,000 +6.2% --
09/11/2023 09/11/23 Pending -- -- --
09/08/2023 09/08/23 For Sale $1,695,000 -- --
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 $30,260 $1,136,300 $300,000 $836,300
2024 $25,673 $1,136,300 $300,000 $836,300
2023 $25,673 $1,021,200 $350,000 $671,200
2022 $24,907 $1,021,200 $350,000 $671,200
2021 $24,907 $1,021,200 $350,000 $671,200
2020 $24,713 $1,021,200 $350,000 $671,200
2019 $24,223 $1,021,200 $350,000 $671,200
2018 $23,814 $1,021,200 $350,000 $671,200
2017 $23,488 $1,021,200 $350,000 $671,200
2016 $23,120 $1,021,200 $350,000 $671,200
2015 $22,589 $1,021,200 $350,000 $671,200
2014 $22,313 $544,600 $350,000 $194,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2034758

Bright MLS

APN: 14-10301-0000-00008