NOT LISTED FOR SALE

7 Forest Ave Princeton, NJ 08540

Estimated Value: $575,950 - $646,000

2 Beds
2 Baths
-- Sq Ft
0.55 Acres

Last Sold February 29, 2024

Last sale price $545,000

Est. 11% increase in value since last sale

Current estimated payment $3,928/month

17 Days on Market

About This Home

As of February 2024

This home is located at 7 Forest Ave, Princeton, NJ 08540 since 15 November 2023 and is currently estimated at $602,488. This property was built in 1960. 7 Forest Ave is a home located in Somerset County with nearby schools including Franklin High School, Guidepost Montessori at Kendall Park, and St. Augustine of Canterbury School.

Last Agent to Sell the Property

Deepak Kumar

RE/MAX INSTYLE Brokerage Phone: 609-303-3456 Listed on: 11/15/2023

RE/MAX INSTYLE

Last Buyer's Agent

Felix Mendez

CHRISTIE'S INT. REAL ESTATE GROUP

CHRISTIE'S INT. REAL ESTATE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,813

Year Built

  • Built in 1960

Lot Details

  • 0.55 Acre Lot

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,813

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Year Built: 1960
  • County Name: Somerset
  • Street Number Display: 7
  • I D: 5256298
  • Modified: 2025-03-01
  • Number Images: 1
  • Attribution Contact: 609-303-3456
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 137X176 AVG
  • Total Acres: 0.55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2023
Closed on
Feb 26, 2024
Sold by
Fritz Susan Leigh
Bought by
Al-Jaby Omar and Elsabahy Amy
Seller's Agent
Deepak Kumar
RE/MAX INSTYLE
Buyer's Agent
Felix Mendez
CHRISTIE'S INT. REAL ESTATE GROUP
List Price
$533,500
Sold Price
$545,000
Premium/Discount to List
$11,500
2.16%
Views
201
Current Estimated Value
$602,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,488
Avg. Annual Appreciation
6.47%
Original Mortgage
$517,750
Outstanding Balance
$509,235
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$93,253

Purchase Details

Closed on
Sep 25, 2014
Sold by
Schweig Graham Manfre
Bought by
Schweig Susan Leigh

Purchase Details

Listed on
Aug 2, 2013
Closed on
Aug 21, 2013
Sold by
Liwanag Louela B and Liwanag Louela B
Bought by
Schweig Susan L and Schweig S
Buyer's Agent
MARTHA JANE WEBER
CALLAWAY HENDERSON SOTHEBY'S IR
Sold Price
$332,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.00%

Purchase Details

Listed on
Aug 2, 2013
Closed on
Aug 12, 2013
Sold by
Taylor Brett R and Liwanag Louela B
Bought by
Schweig Susan Leigh
Buyer's Agent
MARTHA JANE WEBER
CALLAWAY HENDERSON SOTHEBY'S IR
Sold Price
$332,500

Purchase Details

Closed on
Jul 8, 2011
Sold by
Ozawa Toshiaki and Cornyetz Nina
Bought by
Taylor Brett R and Liwanag Louela B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,625
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 29, 1994
Sold by
Glougau Judith
Bought by
Cornyetz Tosshiaki and Cornyetz Nina
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Al-Jaby Omar $545,000 None Listed On Document
Al-Jaby Omar $545,000 None Listed On Document
Schweig Susan Leigh -- --
Schweig Susan L $332,500 --
Schweig Susan Leigh $332,500 --
Taylor Brett R $325,000 Stewart Title Guaranty Co
Cornyetz Tosshiaki $152,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Al-Jaby Omar $517,750
Closed Al-Jaby Omar $517,750
Previous Owner Taylor Brett R $313,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/29/2024 02/29/24 Sold $545,000 +5.2% --
12/04/2023 12/04/23 Pending -- -- --
11/22/2023 11/22/23 Price Changed $518,000 -2.9% --
11/16/2023 11/16/23 For Sale $533,500 +60.5% --
08/02/2013 08/02/13 Sold $332,500 -- -- View Prior Sale
Source: Garden State 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 $8,813 $561,200 $332,100 $229,100
2024 $8,813 $488,800 $332,100 $156,700
2023 $8,511 $442,800 $286,100 $156,700
2022 $7,966 $392,800 $236,100 $156,700
2021 $6,835 $342,800 $186,100 $156,700
2020 $7,518 $332,800 $176,100 $156,700
2019 $7,680 $335,800 $176,100 $159,700
2018 $7,757 $335,800 $176,100 $159,700
2017 $7,555 $325,800 $166,100 $159,700
2016 $7,620 $325,800 $166,100 $159,700
2015 $7,568 $325,800 $166,100 $159,700
2014 $7,431 $324,800 $165,100 $159,700
Source: Public Records

Agents Affiliated with this Home

  • Deepak Kumar

    Seller's Agent in 2024

    Deepak Kumar

    RE/MAX

    (908) 517-1100

    15 in this area

    112 Total Sales

    Deepak Kumar
    Section Image
  • Felix Mendez

    Buyer's Agent in 2024

    Felix Mendez

    Christie's Real Estate Northern NJ

    (201) 981-2530

    1 in this area

    66 Total Sales

    Felix Mendez
    Section Image

  • M

    Buyer's Agent in 2013

    MARTHA JANE WEBER

    CALLAWAY HENDERSON SOTHEBY'S IR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3874852

Garden State MLS

APN: 08-00022-0000-00018

New Jersey Somerset County Princeton 08540

7 Forest Ave, Princeton, NJ

This home is located at 7 Forest Ave, Princeton, NJ 08540 since 15 November 2023 and is currently estimated at $602,488. This property was built in 1960. 7 Forest Ave is a home located in Somerset County with nearby schools including Franklin High School, Guidepost Montessori at Kendall Park, and St. Augustine of Canterbury School.

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