$959,000
SOLD SEP 25, 2020

656 Prospect Ave Princeton, NJ 08540

4 Beds
2.5 Baths
2,851 Sq Ft
0.49 Acres

Recently Sold

$336 Per Sq Ft

1% Below List Price

8 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Sitting Room
  • Riverside Elementary School Rated A
  • Den
  • 2 Car Detached Garage

About This Home

As of September 2020

This well maintained Princeton colonial has been meticulously maintained and updated to suits today's needs. . Situated on a quiet spot on Prospect , this home has a large yard and lots of privacy due to the mature hedges and trees. The formal entry leads to the classic living room, with fireplace and built-in book cases either side. and access to the rear deck via a slider door. Just off the living room there is a bonus space, which also built- in book cases, great for an office, quiet space or play room. As with traditional colonials, the dining room is located on the other side of the foyer. Note the original features that still remain. The corner cabinet is original to the home as well as the wooden pelmets across the top of the windows. The kitchen is a delight! Carefully crafted cabinets sit below granite counters, the farmhouse style sink adds a little bit of country flair. The breakfast bar provides seating as well as a natural break to the family room beyond. Th e deck can be accessed from the slider in the family room. Note the beam atop of the vaulted cathedral ceiling. The charming window seat makes a perfect spot to sit and read. There is a also side door access to the drive way and garages . The master suite has two closets and a full bath. The three other bedrooms all share the hall bath room . The surprise in this home is the finihsed third floor, which is great bonus space. The three sides of built in shelving provides storage. Off this space is unfinished attic storage too. The basement is unfinished. There is a two car detached garage, two storage sheds and a workshop on the property. The large back yard is a delight. Located in Riverside neighborhood, it is a must see home!

Last Agent to Sell the Property

Ingela Kostenbader

Queenston Realty, LLC License #344850

Last Buyer's Agent

Eric Schlamowitz

BLT Real Estate Development LLC License #RM425889

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,882

Year Built

  • Built in 1940

Lot Details

  • 0.49 Acre Lot
  • Property is zoned R5

Parking

  • 2 Car Detached Garage
  • 3 Driveway Spaces
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 2,851 Sq Ft Home
  • Property has 3 Levels
  • Family Room
  • Sitting Room
  • Living Room
  • Dining Room
  • Den
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Schools

  • Riverside Elementary School
  • JWMS Middle School
  • Princeton High School

Utilities

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

Community Details

  • No Home Owners Association
  • Riverside Subdivision

Listing and Financial Details

  • Tax Lot 00023
  • Assessor Parcel Number 14-05903-00023

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,882

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Drapes -stagers
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2020-08-24
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Remarks Public: This well maintained Princeton colonial has been meticulously maintained and updated to suits today's needs. . Situated on a quiet spot on Prospect , this home has a large yard and lots of privacy due to the mature hedges and trees. The formal entry leads to the classic living room, with fireplace and built-in book cases either side. and access to the rear deck via a slider door. Just off the living room there is a bonus space, which also built- in book cases, great for an office, quiet space or play room. As with traditional colonials, the dining room is located on the other side of the foyer. Note the original features that still remain. The corner cabinet is original to the home as well as the wooden pelmets across the top of the windows. The kitchen is a delight! Carefully crafted cabinets sit below granite counters, the farmhouse style sink adds a little bit of country flair. The breakfast bar provides seating as well as a natural break to the family room beyond. Th e deck can be accessed from the slider in the family room. Note the beam atop of the vaulted cathedral ceiling. The charming window seat makes a perfect spot to sit and read. There is a also side door access to the drive way and garages . The master suite has two closets and a full bath. The three other bedrooms all share the hall bath room . The surprise in this home is the finihsed third floor, which is great bonus space. The three sides of built in shelving provides storage. Off this space is unfinished attic storage too. The basement is unfinished. There is a two car detached garage, two storage sheds and a workshop on the property. The large back yard is a delight. Located in Riverside neighborhood, it is a must see home!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Office
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2851
  • Living Area Sq Ft: 2851
  • Price Per Sq Ft: 339.88
  • Above Grade Finished Sq Ft: 2851
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 656

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
  • Garage Features: Garage Door Opener
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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

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

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: RIVERSIDE E.S.
  • Middle School: JWMS
  • High School: PRINCETON H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396175
  • School District Source: Listing Agent
  • Elementary School: RIVERSIDE E.S.
  • High School: PRINCETON H.S.
  • Middle Or Junior School: JWMS

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 290200.00
  • Land Assessed Value: 548000.00
  • Lot Size Acres: 0.49
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21344.00
  • Year Assessed: 2019
  • Zoning: R5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2143475
  • Tax Annual Amount: 19882.00
  • Assessor Parcel Number: 14-05903-00023
  • Tax Lot: 00023
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 09/25/2020

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2020
Closed on
Sep 22, 2020
Sold by
Ding Cliff Li and Chu Kefei Stelle
Bought by
Tanrtous Jack and Tannous Jeannette
Seller's Agent
Ingela Kostenbader
Queenston Realty, LLC
Buyer's Agent
Eric Schlamowitz
BLT Real Estate Development LLC
List Price
$969,000
Sold Price
$959,000
Premium/Discount to List
-$10,000
-1.03%
Total Days on Market
8
Current Estimated Value
$1,514,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$555,028
Avg. Annual Appreciation
10.16%
Original Mortgage
$0
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2013
Sold by
Scheer Adam L and Scheer Michal
Bought by
Ding Cliff Li and Chu Kefei Stelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$692,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2005
Sold by
Neilson Peter
Bought by
Scheer Adam and Scheer Michal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,000
Interest Rate
5.68%

Map

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Bargain Sale Deed $959,000 Foundation Title
Bargain Sale Deed $865,000 Title Resources Guaranty
Deed $835,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 New Conventional
Previous Owner $692,000 New Conventional
Previous Owner $610,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2020 09/25/20 Sold $959,000 -1.0% $336 / Sq Ft
08/28/2020 08/28/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $969,000 +12.0% $340 / Sq Ft
08/23/2013 08/23/13 Sold $865,000 -1.1% --
07/16/2013 07/16/13 Pending -- -- --
06/11/2013 06/11/13 Price Changed $875,000 -2.7% --
06/01/2013 06/01/13 For Sale $899,000 -- --
Source: Bright MLS

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 $21,072 $838,200 $548,000 $290,200
2023 $21,072 $838,200 $548,000 $290,200
2022 $20,385 $838,200 $548,000 $290,200
2021 $20,444 $838,200 $548,000 $290,200
2020 $20,284 $838,200 $548,000 $290,200
2019 $19,882 $838,200 $548,000 $290,200
2018 $19,547 $838,200 $548,000 $290,200
2017 $19,279 $838,200 $548,000 $290,200
2016 $18,977 $838,200 $548,000 $290,200
2015 $17,150 $775,300 $498,000 $277,300
2014 $16,540 $757,000 $498,000 $259,000
Source: Public Records

Source: Bright MLS

MLS Number: NJME300448

Bright MLS

APN: 14-05903-0000-00023