NOT LISTED FOR SALE

57 Avalon Rd Pennington, NJ 08534

Estimated Value: $929,000 - $1,125,000

5 Beds
2.5 Baths
3,074 Sq Ft
$334/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $760,000 $247 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $7,111/month

Highlights

  • Traditional Architecture
  • Wood Flooring
  • 1 Fireplace
  • Hopewell Valley Central High School Rated A
  • Attic
  • Mud Room

About This Home

As of July 2021

Everything you desire in a home and more - the perfect cul de sac location in a desirable neighborhood in bucolic Hopewell Twp, a coveted first-floor home office overlooking the crisply manicured front lawn, five spacious bedrooms providing gracious accommodation, a finished English basement with sizable windows for plenty of natural light, an open floor plan with a gourmet kitchen that is as stunning as it is functional. Welcome to 57 Avalon Road in Mershon Chase, a home that stands out for its designer sensibility every bit as much as for its amenities. The neutral color palette and rich hardwood floors are a unifying theme throughout the home, accentuated by delightfully beautiful touches like the craftsman staircase with iron balusters in the foyer. The main level office is behind French doors, opposite the foyer from the living room, which opens to the dining room for an entertaining space that transitions from intimate to grand with ease. The kitchen is gorgeous and modern with the amenities today’s savvy homeowner looks for like granite counters, beautiful cabinetry with rollout shelves, a stainless steel Whirlpool appliance package, center island with seating and a lovely breakfast area with large windows and a French door leading to the deck. Imagine the indoor/outdoor entertaining possibilities, flowing easily from kitchen to deck and then to patio and lawn, all with views of the majestic treeline bordering the property line. The kitchen opens to the family room for an expansive area that naturally becomes the home’s nucleus during meal time, snack time, any time. A nicely sized mud room provides a welcome launching / landing pad between the kitchen and the door to the garage. The second level hosts the primary bedroom suite with its volume ceiling and ample square footage, along with four additional bedrooms and a second full bath. The laundry room, recreation/work-from-home/study-from-home space, and an exercise area share the finished basement. The laundry room is impressive in size and in addition to the washer and dryer includes a utility sink and enough room for your ironing board, steamer, sorting bins, hanging racks and more. The schools are the highly acclaimed Hopewell Valley Regional School System and this wonderful community is conveniently located just minutes to Pennington Boro, supermarkets, shops, businesses, transportation and major roadways, making it a delightful spot to call home.

Last Agent to Sell the Property

Karen Friedland

(609) 439-6343 karen.friedland@foxroach.com BHHS Fox & Roach - Princeton License #9912114 Listed on: 05/31/2021

BHHS Fox & Roach - Princeton

Last Buyer's Agent

Mary Dwyer

(215) 313-8386 mary.dwyer@foxroach.com BHHS Fox & Roach Hopewell Valley License #564324

BHHS Fox & Roach Hopewell Valley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,039

Year Built

  • Built in 1997

Lot Details

  • 10,454 Sq Ft Lot
  • Cul-De-Sac
  • Property is in excellent condition
  • Property is zoned R-5

HOA Fees

  • $31 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Frame Construction

Interior Spaces

  • 3,074 Sq Ft Home
  • Property has 2 Levels
  • Recessed Lighting
  • 1 Fireplace
  • Window Treatments
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Den
  • Home Gym
  • Stainless Steel Appliances
  • Wood Flooring
  • Attic

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

  • English Basement
  • Laundry in Basement
  • Natural lighting in basement

Schools

  • Central High School

Utilities

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

Listing and Financial Details

  • Tax Lot 00011 23
  • Assessor Parcel Number 06-00078 43-00011 23

Community Details

Overview

  • $94 Capital Contribution Fee
  • Mershon Chase Subdivision

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,039

Year Built

Built in 1997

Lot Details

0

HOA Fees

$31 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Seller's Personal Belongings
  • Inclusions: Washer, Dryer, Refrigerator
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-06-01
  • Year Built: 1997
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Stainless Steel Appliances
  • Flooring Type: Hardwood
  • Interior Amenities: Attic, Recessed Lighting, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Basement, Foyer, Breakfast Room, Bedroom 1, Exercise Room, Laundry, Mud Room, Office, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Daylight, Full, English, Fully Finished
  • Laundry Type: Basement, Main Floor
  • Total Sq Ft: 3074
  • Living Area Sq Ft: 3074
  • Price Per Sq Ft: 235.85
  • Above Grade Finished Sq Ft: 3074
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 57

Beds/Baths

  • Bedrooms: 5
  • 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
  • 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: Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C, Zoned
  • 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

  • HOA Fees: 94.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 94.00

Schools

  • School District: HOPEWELL VALLEY REGIONAL SCHOOLS
  • High School: CENTRAL
  • High School Source: 3rd Party
  • School District Key: 300200397266
  • School District Source: 3rd Party
  • High School: CENTRAL

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Acres: 0.24
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10454.00
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: R-5

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 17039.00
  • Assessor Parcel Number: 06-00078 43-00011 23
  • Tax Lot: 00011 23
  • Tax Total Finished Sq Ft: 3074
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/30/2021

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2021
Closed on
Jul 22, 2021
Sold by
Perez Franco Fatima
Bought by
Zhu Xiaochen and Liu Chao
Seller's Agent
Karen Friedland
BHHS Fox & Roach - Princeton
Buyer's Agent
Mary Dwyer
BHHS Fox & Roach Hopewell Valley
List Price
$725,000
Sold Price
$760,000
Premium/Discount to List
$35,000
4.83%
Current Estimated Value
$1,025,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,749
Avg. Annual Appreciation
7.44%
Original Mortgage
$548,000
Outstanding Balance
$497,453
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$528,296

Purchase Details

Listed on
Aug 1, 2012
Closed on
Sep 19, 2012
Sold by
Thong Stephen H and Thong Wendy S
Bought by
Perez Franco Fatima
Seller's Agent
Jill Benvignati
BHHS Fox & Roach Hopewell Valley
Buyer's Agent
Judith Gold
Coldwell Banker Residential Brokerage - Flemington
List Price
$619,000
Sold Price
$595,000
Premium/Discount to List
-$24,000
-3.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.80%
Original Mortgage
$417,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2004
Sold by
Mccabe Thomas
Bought by
Thong Stephen and Thong Wendy

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
6.01%

Purchase Details

Closed on
Aug 20, 1998
Sold by
Nvr Homes Inc
Bought by
Mccabe Thomas and Mccabe Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,600
Interest Rate
6.86%
Source: Public Records

Range of Values:

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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
Zhu Xiaochen $760,000 Ntc
Perez Franco Fatima $595,000 Nrt Title Agency Llc
Thong Stephen $615,100 --
Mccabe Thomas $1,029,692 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhu Xiaochen $548,000
Previous Owner Perez Franco Fatima $417,000
Previous Owner Thong Stephen $300,000
Previous Owner Mccabe Thomas $266,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/30/2021 07/30/21 Sold $760,000 +4.8% $247 / Sq Ft
06/05/2021 06/05/21 Pending -- -- --
05/31/2021 05/31/21 For Sale $725,000 +21.8% $236 / Sq Ft
09/20/2012 09/20/12 Sold $595,000 -3.9% $194 / Sq Ft View Prior Sale
08/15/2012 08/15/12 Pending -- -- --
08/01/2012 08/01/12 For Sale $619,000 -- $201 / 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 $19,441 $615,800 $218,200 $397,600
2024 $18,336 $615,800 $218,200 $397,600
2023 $18,336 $600,000 $202,400 $397,600
2022 $17,958 $600,000 $202,400 $397,600
2021 $17,485 $571,600 $174,000 $397,600
2020 $17,062 $571,600 $174,000 $397,600
2019 $16,645 $571,600 $174,000 $397,600
2018 $16,336 $571,600 $174,000 $397,600
2017 $15,890 $571,600 $174,000 $397,600
2016 $15,022 $571,600 $174,000 $397,600
2015 $15,176 $571,600 $174,000 $397,600
2014 $14,862 $571,600 $174,000 $397,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME313368

Bright MLS

APN: 06-00078-43-00011-23