NOT LISTED FOR SALE

61 Cleveland Ln Princeton, NJ 08540

Estimated Value: $2,007,726 - $2,135,000

5 Beds
4 Baths
3,205 Sq Ft
$647/Sq Ft Est. Value

Last Sold April 15, 2021

Last sale price $1,400,000 $437 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $13,352/month

114 Days on Market

Highlights

  • In Ground Pool
  • Colonial Architecture
  • Wooded Lot
  • Community Park Elementary School Rated A+
  • Deck
  • Wood Flooring

About This Home

As of April 2021

Live on one of the most elegant streets in Princeton, within walking distance of the restaurants and shops of Downtown and also of picturesque Princeton University, yet far from the hustle and bustle in this peaceful home which is set in almost half an acre of beautiful, lush gardens. The perfect house for a large and busy household. It boasts an open and flexible floor plan for you to entertain and enjoy. A separate wing on the first floor can function as a master or a in laws suite - the two bedrooms are connected through double doors so this makes a perfect bedroom and sitting room/office separate from the main house. A total of 5 bedrooms and 4 bathrooms ensure that this is a home with space for everyone. The large deck, connected to the kitchen and living areas, acts as a secondary dining room in warmer months and offers serene views of the garden and in-ground pool. The very large and quiet fully-fenced back yard is a peaceful oasis, great for large parties or a quiet dip in the pool. There are many modern upgrades designed by an architect to incorporate energy efficiency and to provide the most comfort for a large household. All windows are energy-efficient. Southern exposure brings sun but high trees offer shade in the summer. With a flexible floor plan and great location you can make this home your own! The finished basement includes an art studio with large windows and possibilities for creating a media-room, playroom or a gym. The oversize two car garage is directly connected to the kitchen.

Last Agent to Sell the Property

Yael Lax Zakut

Compass New Jersey, LLC - Princeton Listed on: 09/17/2020

Compass New Jersey, LLC - Princeton

Last Buyer's Agent

Yael Lax Zakut

Compass New Jersey, LLC - Princeton Listed on: 09/17/2020

Compass New Jersey, LLC - Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,077

Year Built

  • Built in 1950

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 110.00 x 190.00
  • Wooded Lot
  • Back and Front Yard
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 3,205 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Family Room
  • Dining Room
  • Den
  • Game Room
  • Garden Views
  • Attic

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

Basement

  • Walk-Out Basement
  • Laundry in Basement

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Poolside Lot

Schools

  • Community Park Elementary School
  • Princeton Middle School
  • PHS High School

Utilities

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

Additional Features

  • Energy-Efficient Windows
  • Deck

Community Details

  • No Home Owners Association
  • Western Subdivision

Listing and Financial Details

  • Tax Lot 00006
  • Assessor Parcel Number 14-00005 02-00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,077

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-09-17
  • Federal Flood Zone: No
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Live on one of the most elegant streets in Princeton, within walking distance of the restaurants and shops of Downtown and also of picturesque Princeton University, yet far from the hustle and bustle in this peaceful home which is set in almost half an acre of beautiful, lush gardens. The perfect house for a large and busy household. It boasts an open and flexible floor plan for you to entertain and enjoy. A separate wing on the first floor can function as a master or a in laws suite - the two bedrooms are connected through double doors so this makes a perfect bedroom and sitting room/office separate from the main house. A total of 5 bedrooms and 4 bathrooms ensure that this is a home with space for everyone. The large deck, connected to the kitchen and living areas, acts as a secondary dining room in warmer months and offers serene views of the garden and in-ground pool. The very large and quiet fully-fenced back yard is a peaceful oasis, great for large parties or a quiet dip in the pool. There are many modern upgrades designed by an architect to incorporate energy efficiency and to provide the most comfort for a large household. All windows are energy-efficient. Southern exposure brings sun but high trees offer shade in the summer. With a flexible floor plan and great location you can make this home your own! The finished basement includes an art studio with large windows and possibilities for creating a media-room, playroom or a gym. The oversize two car garage is directly connected to the kitchen.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Attic
  • Window Features: Energy Efficient
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Family Room, Basement, Bedroom 1, Office
  • Basement: Yes
  • Basement Type: Walkout Level
  • Laundry Type: Has Laundry, Basement
  • Total Sq Ft: 3205
  • Living Area Sq Ft: 3205
  • Price Per Sq Ft: 436.82
  • Above Grade Finished Sq Ft: 3205
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 61

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Pool Features: In Ground
  • View: Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • 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
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: COMMUNITY PARK
  • Middle School: PRINCETON
  • High School: PHS
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396175
  • School District Source: 3rd Party
  • Elementary School: COMMUNITY PARK
  • High School: PHS
  • Middle Or Junior School: PRINCETON

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 355400.00
  • Land Assessed Value: 763500.00
  • Lot Features: Rear Yard, Front Yard, Poolside, Trees/Wooded
  • Lot Size Acres: 0.48
  • Lot Dimensions: 110.00 x 190.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20900.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2020
  • Zoning: R1

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 2138445
  • Tax Annual Amount: 27077.00
  • Assessor Parcel Number: 14-00005 02-00006
  • Tax Lot: 00006
  • Tax Total Finished Sq Ft: 3205
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 04/15/2021

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2020
Closed on
Apr 14, 2021
Sold by
Klainerman Sergiu and Niculin Anca
Bought by
Taneja Gurjeet and Bhatty Tanu
Seller's Agent
Yael Lax Zakut
Compass New Jersey, LLC - Princeton
Buyer's Agent
Yael Lax Zakut
Compass New Jersey, LLC - Princeton
List Price
$1,400,000
Sold Price
$1,400,000
Total Days on Market
114
Current Estimated Value
$2,074,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$674,242
Avg. Annual Appreciation
10.15%
Original Mortgage
$1,050,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Source: Public Records

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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
Taneja Gurjeet $1,400,000 Foundation Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taneja Gurjeet $4,500,000
Closed Taneja Gurjeet $688,000
Closed Taneja Gurjeet $1,050,000
Previous Owner Klaiwerman Sergiu $406,670
Previous Owner Klainerman Stergui $200,000
Previous Owner Klainerman Sergiu $655,000
Previous Owner Klainerman Sergiu $852,000
Previous Owner Klainerman Sergiu $852,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2021 04/15/21 Sold $1,400,000 0.0% $437 / Sq Ft
01/10/2021 01/10/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $1,400,000 0.0% $437 / Sq Ft
11/17/2020 11/17/20 Off Market $1,400,000 -- --
09/22/2020 09/22/20 For Sale $1,400,000 0.0% $437 / Sq Ft
09/21/2020 09/21/20 Off Market $1,400,000 -- --
09/17/2020 09/17/20 For Sale $1,400,000 -- $437 / 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 $28,129 $1,170,800 $763,500 $407,300
2023 $28,129 $1,118,900 $763,500 $355,400
2022 $27,212 $1,118,900 $763,500 $355,400
2021 $27,290 $1,118,900 $763,500 $355,400
2020 $27,077 $1,118,900 $763,500 $355,400
2019 $26,540 $1,118,900 $763,500 $355,400
2018 $26,093 $1,118,900 $763,500 $355,400
2017 $25,735 $1,118,900 $763,500 $355,400
2016 $23,758 $1,049,400 $763,000 $286,400
2015 $23,213 $1,049,400 $763,000 $286,400
2014 $22,929 $1,049,400 $763,000 $286,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME301826

Bright MLS

APN: 14-00005-02-00006