NOT LISTED FOR SALE

7 Newlin Rd Princeton, NJ 08540

Estimated Value: $2,603,649 - $2,920,000

5 Beds
5.5 Baths
5,036 Sq Ft
$552/Sq Ft Est. Value

Last Sold November 30, 2016

Last sale price $2,200,000 $437 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $19,575/month

140 Days on Market

Highlights

  • Commercial Range
  • Colonial Architecture
  • 1 Fireplace
  • Johnson Park School Rated A+
  • Wood Flooring
  • No HOA

About This Home

As of November 2016

A classic red door and line of matching roses give a bright welcome from this stately white Colonial, nestled on a lovely landscaped lot in Princeton's exclusive Institute neighborhood. High ceilings and custom millwork accent pristine, sunlit interiors: a coffered dining room, refined living room with inlaid floor, a family room with a clever t.v. niche above its marble-framed fireplace, and an office with arched bookcases. The gourmet kitchen caters to the serious cook and entertainer, with a huge pull-up island, wet bar, and a sun-flooded breakfast room opening to a bluestone patio and private yard. An outfitted mudroom and a spacious bedroom suite with kitchenette access a 2nd entrance. Upstairs, 4 more bedrooms include 3 suites with beautifully-tiled baths. The master suite, a dreamy shade of blue, is a luxurious refuge with its tiered tray ceiling, sparkling bath, and a boutique-worthy closet. A finished basement includes a bonus room, granite-topped bar and a separate office. Theaters, shops, eateries, the University - they're all nearby!

Last Agent to Sell the Property

Susan DiMeglio

Callaway Henderson Sotheby's Int'l-Princeton License #9702048 Listed on: 06/08/2016

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Anita O'Meara

Callaway Henderson Sotheby's Int'l-Princeton License #677922

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,607

Year Built

  • Built in 2006

Lot Details

  • 0.46 Acre Lot
  • Level Lot
  • Property is in good condition
  • Property is zoned R5

Parking

  • 2 Car Detached Garage
  • 3 Open Parking Spaces

Home Design

  • Colonial Architecture
  • Pitched Roof
  • Wood Siding

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Self-Cleaning Oven
  • Commercial Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Patio

Schools

  • Johnson Park Elementary School
  • J Witherspoon Middle School
  • Princeton High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Institute Area Subdivision

Listing and Financial Details

  • Tax Lot 00017
  • Assessor Parcel Number 14-10602-00017

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,607

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Personal Property.
  • Inclusions: All Appliances, Fr Tv And Basement Tv Systems, Window Treatments.
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2006
  • Remarks Public: A classic red door and line of matching roses give a bright welcome from this stately white Colonial, nestled on a lovely landscaped lot in Princeton's exclusive Institute neighborhood. High ceilings and custom millwork accent pristine, sunlit interiors: a coffered dining room, refined living room with inlaid floor, a family room with a clever t.v. niche above its marble-framed fireplace, and an office with arched bookcases. The gourmet kitchen caters to the serious cook and entertainer, with a huge pull-up island, wet bar, and a sun-flooded breakfast room opening to a bluestone patio and private yard. An outfitted mudroom and a spacious bedroom suite with kitchenette access a 2nd entrance. Upstairs, 4 more bedrooms include 3 suites with beautifully-tiled baths. The master suite, a dreamy shade of blue, is a luxurious refuge with its tiered tray ceiling, sparkling bath, and a boutique-worthy closet. A finished basement includes a bonus room, granite-topped bar and a separate office. Theaters, shops, eateries, the University - they're all nearby!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven - Self Cleaning, Commercial Range, Dishwasher, Refrigerator
  • Flooring Type: Wood
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Center Hall
  • Levels Count: 2
  • Room Count: 15
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Upper Floor, Basement
  • Street Number Modifier: 7

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Wood Siding
  • Access To Pool: No
  • Roof: Pitched
  • 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
  • Open Parking Spaces Count: 3
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • 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: JOHNSON PARK
  • Middle School: J WITHERSPOON
  • High School: PRINCETON
  • School District Key: 300200396175
  • Elementary School: JOHNSON PARK
  • High School: PRINCETON
  • Middle Or Junior School: J WITHERSPOON

Lot Info

  • Improvement Assessed Value: 1359100.00
  • Land Assessed Value: 567000.00
  • Lot Features: Level
  • Lot Size Acres: 0.46
  • Lot Dimensions: 00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20038.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: R5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2146568
  • Tax Annual Amount: 43607.00
  • Assessor Parcel Number: 14-10602-00017
  • Tax Lot: 00017
  • Tax Year: 2016
  • Close Date: 11/30/2016

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2016
Closed on
Nov 30, 2016
Sold by
Reardon Paul E and Reardon Kristina E
Bought by
Jarvis David and Jarvis Anne E
Seller's Agent
Susan DiMeglio
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Anita O'Meara
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$2,388,000
Sold Price
$2,200,000
Premium/Discount to List
-$188,000
-7.87%
Total Days on Market
140
Current Estimated Value
$2,778,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$578,883
Avg. Annual Appreciation
3.43%
Original Mortgage
$800,000
Outstanding Balance
$686,013
Interest Rate
2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,247,900

Purchase Details

Closed on
Jun 16, 2010
Sold by
Kazenoff Steven and Kazenoff Carol
Bought by
Reardon Paul E and Reardon Kristina E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2006
Sold by
Palomar Associates Inc
Bought by
Kazenoff Steven and Kazenoff Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.4%

Purchase Details

Closed on
Sep 30, 2004
Sold by
Smith Bevin
Bought by
Palomar Associates Inc
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
Jarvis David $2,200,000 None Available
Reardon Paul E $1,950,000 Empire Title & Abstract Agen
Kazenoff Steven $2,400,000 --
Palomar Associates Inc $710,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jarvis David $800,000
Previous Owner Reardon Paul E $499,000
Previous Owner Reardon Paul E $374,000
Previous Owner Reardon Paul E $417,000
Previous Owner Kazenoff Steven $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2016 11/30/16 Sold $2,200,000 0.0% $437 / Sq Ft
10/26/2016 10/26/16 Pending -- -- --
09/06/2016 09/06/16 Price Changed $2,200,000 -6.4% $437 / Sq Ft
07/12/2016 07/12/16 Price Changed $2,350,000 -1.6% $467 / Sq Ft
06/08/2016 06/08/16 For Sale $2,388,000 -- $474 / 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 $48,422 $1,926,100 $567,000 $1,359,100
2023 $48,422 $1,926,100 $567,000 $1,359,100
2022 $46,843 $1,926,100 $567,000 $1,359,100
2021 $46,978 $1,926,100 $567,000 $1,359,100
2020 $46,612 $1,926,100 $567,000 $1,359,100
2019 $45,687 $1,926,100 $567,000 $1,359,100
2018 $44,917 $1,926,100 $567,000 $1,359,100
2017 $44,300 $1,926,100 $567,000 $1,359,100
2016 $43,607 $1,926,100 $567,000 $1,359,100
2015 $42,605 $1,926,100 $567,000 $1,359,100
2014 $42,085 $1,926,100 $567,000 $1,359,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003886265

Bright MLS

APN: 14-10602-0000-00017