NOT LISTED FOR SALE

650 River Rd Montgomery, NJ 08502

Estimated Value: $845,000 - $1,346,000

1 Bed
1 Bath
762 Sq Ft
$1,385/Sq Ft Est. Value

Last Sold March 14, 2019

Last sale price $135,000 $177 Per Sq Ft

Est. 682% increase in value since last sale

Current estimated payment $7,133/month

244 Days on Market

Highlights

  • 1.05 Acre Lot
  • No HOA
  • Bungalow
  • Montgomery Lower Mid School Rated A
  • Living Room
  • Electric Baseboard Heater

About This Home

As of March 2019

Beautiful 1.05 acre lot in historic Belle Mead/Montgomery Township! Nicely wooded, lot sits on higher ground on the higher side of River Road, and will never know flooding! Situated in the "Blue Ribbon" Montgomery School District, the owner's family has held this property since pre-Revolutionary War days. The owner grew up in the small house that currently sits on the land and was built by his father in 1923. It will take a great deal of TLC to be occupied, but could be right for the right buyer. Another may choose to take the house down, and could build on the land. Some electric heaters are installed "in wall", condition unknown. There are no appliances. The home is sheltered by many trees. There is also a large outbuilding, could be garage or stable. This is a beautiful lot, bordered on two sides by "green space". Access to thoroughfare, and potential for substantial increase in value. Please note: This property offered strictly "As is".

Last Agent to Sell the Property

Pamela Booth

(908) 872-8618 pamboothsellshomes@gmail.com Keller Williams Real Estate - Princeton Listed on: 09/12/2017

Keller Williams Real Estate - Princeton

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 1.05 Acre Lot
  • Lot Dimensions are 301 x 187

Home Design

  • Bungalow
  • Wood Siding

Interior Spaces

  • 762 Sq Ft Home
  • Property has 1 Level
  • Family Room
  • Living Room
  • Partial Basement

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces

Schools

  • Montgomery Township High School

Utilities

  • Electric Baseboard Heater
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00006
  • Assessor Parcel Number 13-08001-00006

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Kitchen, Family Room
  • Basement: Yes
  • Basement Type: Partial
  • Living Area Units: Square Feet
  • Total Sq Ft: 762
  • Living Area Sq Ft: 762
  • Net Sq Ft: 762.00
  • Price Per Sq Ft: 177.17
  • Above Grade Finished Sq Ft: 762
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding
  • Access To Pool: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Total Garage And Parking Spaces: 3

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • High School: MONTGOMERY TOWNSHIP

Lot Info

  • Improvement Assessed Value: 38400.00
  • Land Assessed Value: 209500.00
  • Lot Size Acres: 1.05
  • Lot Dimensions: 301 X 187
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 45738.00
  • Property Attached Yn: No
  • Zoning: RES

Green Features

  • Green Remarks: The land to the North is Preserved Farmland, as is the land to the south. The owners have promised not to subdivide the land to the west as long as they own the land, and Township variances would make subdivision difficult.

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3250125
  • Tax Annual Amount: 7623.00
  • Assessor Parcel Number: 13-08001-00006
  • Tax Lot: 00006
  • Tax Data Updated: No
  • Tax Year: 2018

MLS Schools

  • School District Name: MONTGOMERY TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2017
Closed on
Mar 13, 2019
Sold by
Staats Francis Lloyd and Staats June D
Bought by
Fernandes Paul and Fernandes Ivonne
Seller's Agent
Pamela Booth
Keller Williams Real Estate - Princeton
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$199,900
Sold Price
$135,000
Premium/Discount to List
-$64,900
-32.47%
Current Estimated Value
$1,055,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$920,734
Avg. Annual Appreciation
35.81%

Purchase Details

Listed on
Feb 4, 2014
Closed on
Jan 31, 2014
Sold by
Staats Westover Hazel
Bought by
Staats Francis Lloyd and Staats June D
Seller's Agent
PENELOPE L. MAROLD
WEICHERT REALTORS
Buyer's Agent
PENELOPE L. MAROLD
WEICHERT REALTORS
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.52%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fernandes Paul $135,000 First American Title Ins Co
Staats Francis Lloyd $125,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/14/2019 03/14/19 Sold $135,000 -32.5% $177 / Sq Ft
05/14/2018 05/14/18 Pending -- -- --
09/12/2017 09/12/17 For Sale $199,900 +59.9% $262 / Sq Ft
02/04/2014 02/04/14 Sold $125,000 0.0% $164 / Sq Ft View Prior Sale
02/03/2014 02/03/14 Sold $125,000 -- $164 / Sq Ft View Prior Sale
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 $18,888 $551,300 $209,500 $341,800
2024 $18,888 $551,300 $209,500 $341,800
2023 $18,871 $551,300 $209,500 $341,800
2022 $17,763 $551,300 $209,500 $341,800
2021 $6,675 $209,500 $209,500 $0
2020 $6,639 $209,500 $209,500 $0
2019 $7,804 $247,900 $209,500 $38,400
2018 $7,623 $247,900 $209,500 $38,400
2017 $7,492 $247,900 $209,500 $38,400
2016 $7,360 $247,900 $209,500 $38,400
2015 $7,192 $247,900 $209,500 $38,400
2014 $7,105 $247,900 $209,500 $38,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000863155

Bright MLS

APN: 13-08001-0000-00006