NOT LISTED FOR SALE

7 Park Place Princeton, NJ 08542

Estimated Value: $1,308,835 - $1,410,000

5 Beds
3 Baths
-- Sq Ft
3,703 Sq Ft Lot

Last Sold July 25, 2019

Last sale price $901,000

Est. 53% increase in value since last sale

Current estimated payment $9,033/month

21 Days on Market

Highlights

  • Traditional Floor Plan
  • Wood Flooring
  • Mud Room
  • Community Park Elementary School Rated A+
  • Victorian Architecture
  • Workshop

About This Home

As of July 2019

Happy energy permeates every inch of this vintage in-town home playfully dubbed Watermelon Cottage. On a long-loved little lane just off Nassau Street, it's rare to encounter a single-family residence with all of its original features intact and even more uncommon to have three private parking spaces, no shuffling of cars required! A glass vestibule opens up to the foyer, where period woodwork and extra-large windows are on full display. Pocket doors glide between the living room and dining room with an adjoining reading nook. Even though the eat-in kitchen has been updated with granite, it still feels like the right spot to whip up some of Grandma's handed-down recipes. A pantry/mudroom leads to a secret garden, partially shaded and totally enclosed. A full bathroom can be found on all three floors. There are five bedrooms total, including the versatile 2-room master. A laundry/craft room with an unexpected deck is situated on the second floor, leaving the finished basement devoted to fun and games and casual hangouts, wet bar included!

Last Agent to Sell the Property

Barbara Blackwell

Callaway Henderson Sotheby's Int'l-Princeton License #8531203 Listed on: 05/23/2019

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Eileen Bitterly

Callaway Henderson Sotheby's Int'l-Princeton

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,019

Year Built

  • Built in 1900

Lot Details

  • 3,703 Sq Ft Lot
  • Downtown Location
  • Northwest Facing Home

Home Design

  • Victorian Architecture
  • Frame Construction

Interior Spaces

  • Property has 2.5 Levels
  • Traditional Floor Plan
  • Wet Bar
  • Built-In Features
  • Ceiling Fan
  • Gas Fireplace
  • Mud Room
  • Entrance Foyer
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Den
  • Game Room
  • Wood Flooring
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on upper level

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Workshop

Parking

  • Private Parking
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Patio
  • Outdoor Grill

Schools

  • Community Park Elementary School
  • John Witherspoon Middle School
  • Princeton High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Radiator

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00003 01
  • Assessor Parcel Number 14-00028 01-00003 01

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,019

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • Exclusions: Dining Room and Study Chandeliers, Door Knob Shelf in Master BR
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Year Built: 1900
  • Remarks Public: Happy energy permeates every inch of this vintage in-town home playfully dubbed Watermelon Cottage. On a long-loved little lane just off Nassau Street, it's rare to encounter a single-family residence with all of its original features intact and even more uncommon to have three private parking spaces, no shuffling of cars required! A glass vestibule opens up to the foyer, where period woodwork and extra-large windows are on full display. Pocket doors glide between the living room and dining room with an adjoining reading nook. Even though the eat-in kitchen has been updated with granite, it still feels like the right spot to whip up some of Grandma's handed-down recipes. A pantry/mudroom leads to a secret garden, partially shaded and totally enclosed. A full bathroom can be found on all three floors. There are five bedrooms total, including the versatile 2-room master. A laundry/craft room with an unexpected deck is situated on the second floor, leaving the finished basement devoted to fun and games and casual hangouts, wet bar included!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Wood
  • Interior Amenities: Built-Ins, Ceiling Fan(s), Floor Plan - Traditional, Formal/Separate Dining Room, Upgraded Countertops, Wet/Dry Bar, Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2.5
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Foyer, Study, Laundry, Mud Room, Bathroom 2, Bathroom 3
  • Basement: Yes
  • Basement Type: Partially Finished, Workshop, Full, Outside Entrance
  • Laundry Type: Upper Floor
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Upper Level 2 Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Bbq Grill
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Private
  • Type Of Parking: Off Street, Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit, Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • 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: COMMUNITY PARK E.S.
  • Middle School: JOHN WITHERSPOON M.S.
  • 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: COMMUNITY PARK E.S.
  • High School: PRINCETON H.S.
  • Middle Or Junior School: JOHN WITHERSPOON M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 243400.00
  • Land Assessed Value: 443500.00
  • Lot Size Acres: 0.09
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3703.00
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2018
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2139417
  • Tax Annual Amount: 16019.00
  • Assessor Parcel Number: 14-00028 01-00003 01
  • Tax Lot: 00003 01
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 07/25/2019

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2025
Sold by
Leverly Properties Llc
Bought by
Bitterly Eileen M
Current Estimated Value
$1,374,612

Purchase Details

Listed on
May 23, 2019
Closed on
Jul 31, 2019
Sold by
Mischner Jennifer E and Mischner Kenneth R
Bought by
Leverly Properties Llc
Seller's Agent
Barbara Blackwell
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Eileen Bitterly
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$925,000
Sold Price
$901,000
Premium/Discount to List
-$24,000
-2.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%

Purchase Details

Closed on
Jun 11, 1996
Sold by
Zullo John
Bought by
Mischner Jennifer
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Bitterly Eileen M -- Cortes & Hay Title
Bitterly Eileen M -- Cortes & Hay Title
Leverly Properties Llc $901,000 Old Republic Title Ins Co
Mischner Jennifer $280,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2019 07/25/19 Sold $901,000 -2.6% --
06/13/2019 06/13/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $925,000 -- --
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 $19,208 $557,000 $457,000 $100,000
2024 $18,133 $721,300 $457,000 $264,300
2023 $18,133 $721,300 $457,000 $264,300
2022 $17,542 $721,300 $457,000 $264,300
2021 $17,593 $721,300 $457,000 $264,300
2020 $17,455 $721,300 $457,000 $264,300
2019 $17,109 $721,300 $457,000 $264,300
2018 $16,019 $686,900 $443,500 $243,400
2017 $15,799 $686,900 $443,500 $243,400
2016 $15,551 $686,900 $443,500 $243,400
2015 $15,194 $686,900 $443,500 $243,400
2014 $15,009 $686,900 $443,500 $243,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME279304

Bright MLS

APN: 14-00028-01-00003-01