NOT LISTED FOR SALE

57 S Main St Cranbury, NJ 08512

Estimated Value: $1,158,000 - $1,324,000

4 Beds
2.5 Baths
3,286 Sq Ft
$381/Sq Ft Est. Value

Last Sold July 16, 2024

Last sale price $1,205,000 $367 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $7,980/month

19 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Sitting Room
  • The Cranbury School Rated A
  • Den
  • 4-minute walk to Heritage Park

About This Home

As of July 2024

Nestled in the coveted downtown area, backing directly into Heritage Park, this historic home offers the perfect blend of classic charm and modern luxury, with timeless design elements adding touches of grandeur. As you enter you will appreciate the rounded front staircase, a hallmark of classic Cranbury style, enhanced with stunning floor to ceiling custom panels. All around, you'll be greeted by freshly painted walls and meticulously refinished pumpkin pine floors that have been restored to their natural patina, setting a warm and inviting tone throughout the first floor. The heart of this home is its stunning kitchen, thoughtfully redesigned to cater to the needs of a modern gourmet enthusiast. It boasts an oversized 10’ custom quartz island, complete with a beverage center, offering ample space for preparation and entertainment. This culinary haven is equipped with the latest appliances including a Gaggenau steam/combi oven (2024), Viking drawer microwave oven (2022), an XO beverage center (2022), a Thermador dishwasher (2022) and a pro-model Subzero fridge (2024). The front two rooms are perfect for use as living room, dining room or office space. Entertaining friends and family is a breeze, as the kitchen flows seamlessly to the dining room and large family room, with vaulted ceilings. Access the beautiful bluestone patio and pergola through the French doors and plan to relax as you enjoy views of the thoughtfully landscaped yard and access to the park. The attention to detail continues throughout the first floor with a custom cubby to drop those book bags or garden shoes. High-end wallpaper finishes adorn the front room and office creating an aesthetic that is both stylish and warm. All fixtures in the home are Waterworks, Grohe, and Rohl, providing a sophisticated feel that perfectly balances welcoming charm. The second floor offers a primary bedroom with ensuite bath, dressing area, and more closets than you would expect in an older home. Three additional bedrooms and a full bath complete the second floor. The detached garage offers room for two cars and has a loft for additional storage as well as a separate room for additional storage or office space. Additional features of the home include a 2 zone HVAC, tankless water heater, water softener and filtration system, and multi zone underground irrigation system. The backyard has ample space for a pool or a possible additional dwelling, as the property is eligible for subdivision. Students attend the highly rated Cranbury School K-8 and then go off to Princeton HS. Cranbury is located near the turnpike, the Rte. 130 Park & Ride and the Princeton Junction train station making commuting a breeze.

Last Agent to Sell the Property

Deanna Anderson

(609) 462-3983 deanna.anderson@cbmoves.com Coldwell Banker Residential Brokerage - Princeton Listed on: 04/06/2024

Coldwell Banker Residential Brokerage - Princeton

Last Buyer's Agent

Amanda Botwood

(609) 727-3255 amanda.botwood@compass.com Compass New Jersey, LLC - Princeton License #2076617

Compass New Jersey, LLC - Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,563

Year Built

  • Built in 1850

Lot Details

  • 0.67 Acre Lot
  • Lot Dimensions are 79.00 x 368.00
  • Property is zoned V/HR

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Stone Foundation
  • Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,286 Sq Ft Home
  • Property has 2 Levels
  • Family Room
  • Sitting Room
  • Living Room
  • Dining Room
  • Den
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Cranbury Elementary And Middle School
  • Princeton High School

Utilities

  • Central Air
  • Radiator
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Downtown Cranbury Subdivision

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 02-00018-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,563

Year Built

Built in 1850

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Traditional
  • Ownership: Fee Simple
  • Exclusions: Personal Possessions
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-04-06
  • Year Built: 1850
  • Automatically Close On Close Date: No
  • Remarks Public: Nestled in the coveted downtown area, backing directly into Heritage Park, this historic home offers the perfect blend of classic charm and modern luxury, with timeless design elements adding touches of grandeur. As you enter you will appreciate the rounded front staircase, a hallmark of classic Cranbury style, enhanced with stunning floor to ceiling custom panels. All around, you'll be greeted by freshly painted walls and meticulously refinished pumpkin pine floors that have been restored to their natural patina, setting a warm and inviting tone throughout the first floor. The heart of this home is its stunning kitchen, thoughtfully redesigned to cater to the needs of a modern gourmet enthusiast. It boasts an oversized 10’ custom quartz island, complete with a beverage center, offering ample space for preparation and entertainment. This culinary haven is equipped with the latest appliances including a Gaggenau steam/combi oven (2024), Viking drawer microwave oven (2022), an XO beverage center (2022), a Thermador dishwasher (2022) and a pro-model Subzero fridge (2024). The front two rooms are perfect for use as living room, dining room or office space. Entertaining friends and family is a breeze, as the kitchen flows seamlessly to the dining room and large family room, with vaulted ceilings. Access the beautiful bluestone patio and pergola through the French doors and plan to relax as you enjoy views of the thoughtfully landscaped yard and access to the park. The attention to detail continues throughout the first floor with a custom cubby to drop those book bags or garden shoes. High-end wallpaper finishes adorn the front room and office creating an aesthetic that is both stylish and warm. All fixtures in the home are Waterworks, Grohe, and Rohl, providing a sophisticated feel that perfectly balances welcoming charm. The second floor offers a primary bedroom with ensuite bath, dressing area, and more closets than you would expect in an older home. Three additional bedrooms and a full bath complete the second floor. The detached garage offers room for two cars and has a loft for additional storage as well as a separate room for additional storage or office space. Additional features of the home include a 2 zone HVAC, tankless water heater, water softener and filtration system, and multi zone underground irrigation system. The backyard has ample space for a pool or a possible additional dwelling, as the property is eligible for subdivision. Students attend the highly rated Cranbury School K-8 and then go off to Princeton HS. Cranbury is located near the turnpike, the Rte. 130 Park & Ride and the Princeton Junction train station making commuting a breeze.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter, Stone
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Sitting Room, Kitchen, Family Room, Office
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 3286
  • Living Area Sq Ft: 3286
  • Price Per Sq Ft: 360.62
  • Above Grade Finished Sq Ft: 3286
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 57

Beds/Baths

  • Bedrooms: 4
  • 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
  • Parking Features: Asphalt Driveway
  • Garage Features: Additional Storage Area
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: CRANBURY TOWNSHIP PUBLIC SCHOOLS
  • Elementary School: CRANBURY
  • Middle School: CRANBURY
  • High School: PRINCETON H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396184
  • School District Source: Listing Agent
  • Elementary School: CRANBURY
  • High School: PRINCETON H.S.
  • Middle Or Junior School: CRANBURY

Lot Info

  • Lot Size Acres: 0.67
  • Lot Dimensions: 79.00 x 368.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 29072.00
  • Year Assessed: 2023
  • Zoning: V/HR

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 15563.00
  • Assessor Parcel Number: 02-00018-00001
  • Tax Lot: 00001
  • Tax Total Finished Sq Ft: 3286
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 07/16/2024

MLS Schools

  • School District Name: CRANBURY TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2024
Closed on
Jul 3, 2024
Sold by
Patel Shivani
Bought by
Matterson Nicholas and Matterson Heideh
Seller's Agent
Deanna Anderson
Coldwell Banker Residential Brokerage - Princeton
Buyer's Agent
Amanda Botwood
Compass New Jersey, LLC - Princeton
List Price
$1,240,000
Sold Price
$1,205,000
Premium/Discount to List
-$35,000
-2.82%
Views
127
Current Estimated Value
$1,252,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,036
Avg. Annual Appreciation
3.16%
Original Mortgage
$723,000
Outstanding Balance
$714,298
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$537,738

Purchase Details

Listed on
Apr 12, 2022
Closed on
Jul 8, 2022
Sold by
Brennan Iii Francis J and Brennan Beth G
Bought by
Patel Shivani
Seller's Agent
Betsy Silverman
Coldwell Banker Residential Brokerage-Princeton Jct
Buyer's Agent
Deanna Anderson
Coldwell Banker Residential Brokerage - Princeton
List Price
$1,170,000
Sold Price
$1,050,000
Premium/Discount to List
-$120,000
-10.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.09%
Original Mortgage
$840,000
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 1998
Sold by
Wood Joseph
Bought by
Brennan Ii Francis and Brennan Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.02%
Source: Public Records

Range of Values:

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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
Matterson Nicholas $1,205,000 First American Title
Matterson Nicholas $1,205,000 First American Title
Patel Shivani $1,050,000 Northeast Title
Patel Shivani $1,050,000 Northeast Title
Brennan Ii Francis $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matterson Nicholas $723,000
Closed Matterson Nicholas $723,000
Previous Owner Patel Shivani $840,000
Previous Owner Brennan Ii Francis $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/16/2024 07/16/24 Sold $1,205,000 +1.7% $367 / Sq Ft
04/26/2024 04/26/24 Pending -- -- --
04/25/2024 04/25/24 Price Changed $1,185,000 -4.4% $361 / Sq Ft
04/06/2024 04/06/24 For Sale $1,240,000 +18.1% $377 / Sq Ft
07/15/2022 07/15/22 Sold $1,050,000 -4.1% $320 / Sq Ft View Prior Sale
05/29/2022 05/29/22 Pending -- -- --
05/16/2022 05/16/22 Price Changed $1,095,000 -6.4% $333 / Sq Ft
04/12/2022 04/12/22 For Sale $1,170,000 -- $356 / 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 $15,787 $860,800 $229,000 $631,800
2024 $15,563 $860,800 $229,000 $631,800
2023 $15,563 $860,800 $229,000 $631,800
2022 $15,339 $860,800 $229,000 $631,800
2021 $11,530 $860,800 $229,000 $631,800
2020 $15,322 $860,800 $229,000 $631,800
2019 $15,486 $860,800 $229,000 $631,800
2018 $16,949 $860,800 $229,000 $631,800
2017 $16,502 $860,800 $229,000 $631,800
2016 $16,639 $860,800 $229,000 $631,800
2015 $16,338 $860,800 $229,000 $631,800
2014 $16,398 $860,800 $229,000 $631,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJMX2006638

Bright MLS

APN: 02-00018-0000-00001