NOT LISTED FOR SALE

55 Palmer Square W Unit D Princeton, NJ 08542

Estimated Value: $378,000 - $526,000

-- Bed
1 Bath
285 Sq Ft
1932 Built

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Built-In Features
  • Community Park Elementary School Rated A+
  • No HOA
  • Intercom

About This Home

As of August 2021

In the heart of downtown Princeton, rent a studio in Historical Palmer Square! Walk out your front door and enjoy local eateries, upscale shopping including, Ralph Lauren, Zoe, Rouge, Club Monaco & more. Just minutes from Princeton University, McCarter Theatre & the train station. This condo has unique access to one of only two balconies which overlook the lively Palmer Square green. The interior includes original oak flooring, fireplace with decorative mantel bordered by floor to ceiling built in cabinetry, two separate bookshelves, one year young pullman kitchen with antique folding wooden doors, full bath with shower/tub & original black & white subway tile. Retreat to the private courtyard for some relaxation with water fountain, wrought iron patio furniture & flowering urns. There is an underground catacomb-like passageway which leads to a common laundry room. Several parking garages nearby provide monthly access for those with a car

Last Agent to Rent the Property

Michelle Needham

BHHS Fox & Roach - Princeton Listed on: 06/23/2021

BHHS Fox & Roach - Princeton

Last Renter's Agent

Michelle Needham

BHHS Fox & Roach - Princeton Listed on: 06/23/2021

BHHS Fox & Roach - Princeton

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,958

Year Built

  • Built in 1932

Parking

  • Assigned Parking Garage Space

Home Design

  • Traditional Architecture
  • Studio
  • Slate Roof
  • Stone Siding

Interior Spaces

  • 285 Sq Ft Home
  • Property has 1 Level
  • Built-In Features
  • 1 Fireplace
  • Entrance Foyer
  • Living Room
  • Intercom
  • Cooktop<<rangeHoodToken>>
  • Laundry on lower level

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • <<tubWithShowerToken>>

Utilities

  • Window Unit Cooling System
  • Radiator
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,775
  • 12-Month Min and 24-Month Max Lease Term
  • Available 8/15/21
  • Assessor Parcel Number 14-00020 07-00055 04-C55D

Community Details

Overview

  • No Home Owners Association
  • Low-Rise Condominium
  • Palmer Square Subdivision

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,958

Year Built

Built in 1932

Lot Details

0

Parking

1

Rental Info

  • Date Available: 2021-08-15
  • Pets Allowed: No
  • Security Deposit: 2775.00
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • New Construction: No
  • Story List: Main
  • Year Built: 1932
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Cooktop, Refrigerator
  • Entry Floor: 2
  • Interior Amenities: Built-Ins, Intercom, Studio, Tub Shower
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Living Room, Kitchen, Foyer, Bathroom 1
  • Basement: No
  • Laundry Type: Lower Floor
  • Total Sq Ft: 285
  • Living Area Sq Ft: 285
  • Price Per Sq Ft: 6.49
  • Above Grade Finished Sq Ft: 285
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 55

Beds/Baths

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone
  • Exterior Features: Sidewalks
  • Roof: Slate
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: No
  • Garage Features: Covered Parking
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator, Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Senior Community: No

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • School District Key: 300200396175
  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Zoning: CBCP

Tax Info

  • Assessor Parcel Number: 14-00020 07-00055 04-C55D
  • Tax Total Finished Sq Ft: 285
  • Close Date: 08/01/2021

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2013
Sold by
Terry Brad X
Bought by
Terry Brad X and Terry Carmen R Moncada
Current Estimated Value
$448,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Outstanding Balance
$112,190
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$252,810

Purchase Details

Closed on
Jan 21, 2005
Sold by
Blackwell Barbara
Bought by
Terry Brad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,200
Interest Rate
5.73%

Purchase Details

Closed on
Nov 19, 2002
Sold by
Hierl Michael
Bought by
Blackwell Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
6.08%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Terry Brad X -- None Available
Terry Brad $204,000 --
Blackwell Barbara $146,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Terry Brad X $148,000
Closed Terry Brad $163,200
Previous Owner Blackwell Barbara $117,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2021 08/01/21 Rented $1,850 0.0% --
07/11/2021 07/11/21 Under Contract -- -- --
06/23/2021 06/23/21 For Rent $1,850 +2.8% --
08/15/2020 08/15/20 Rented $1,800 0.0% --
08/11/2020 08/11/20 Under Contract -- -- --
06/06/2020 06/06/20 For Rent $1,800 +2.9% --
07/01/2017 07/01/17 Rented $1,750 -2.8% --
06/17/2017 06/17/17 Under Contract -- -- --
04/06/2017 04/06/17 For Rent $1,800 -- --
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 $5,958 $237,000 $175,000 $62,000
2023 $5,958 $237,000 $175,000 $62,000
2022 $5,764 $237,000 $175,000 $62,000
2021 $5,780 $237,000 $175,000 $62,000
2020 $5,735 $237,000 $175,000 $62,000
2019 $5,622 $237,000 $175,000 $62,000
2018 $5,527 $237,000 $175,000 $62,000
2017 $5,451 $237,000 $175,000 $62,000
2016 $5,366 $237,000 $175,000 $62,000
2015 $5,242 $237,000 $175,000 $62,000
2014 $4,523 $207,000 $145,000 $62,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2000630

Bright MLS

APN: 14-00020-07-00055-04-C55D