NOT LISTED FOR SALE

71 Palmer Square W Unit A Princeton, NJ 08542

Estimated Value: $775,000 - $857,000

2 Beds
1 Bath
801 Sq Ft
$654/mo HOA Fee

Last Sold June 28, 2024

Last sale price $820,000 $1,024 Per Sq Ft

Current estimated payment $6,101/month

5 Days on Market

Highlights

  • Penthouse
  • Colonial Architecture
  • Laundry Facilities
  • Community Park Elementary School Rated A+
  • 1 Fireplace
  • Radiator

About This Home

As of June 2024

Nestled in downtown Princeton, this meticulously updated 2-bedroom condo offers a perfect blend of modern convenience and downtown charm. Boasting an upgraded kitchen and bath, this residence is ideal for investors seeking a prime rental opportunity, individuals looking for a comfortable home in the heart of Princeton, or college students desiring convenient and stylish accommodation. Enjoy unparalleled access to restaurants, shops, entertainment, and the vibrant culture of this historic city.

Last Agent to Sell the Property

Carina Krall

(908) 304-8118 carinakrall@yahoo.com Queenston Realty, LLC License #787669 Listed on: 05/25/2024

Last Buyer's Agent

Heidi Hartmann

(609) 658-3771 heidihartmannhomes@gmail.com Coldwell Banker Residential Brokerage - Princeton

Coldwell Banker Residential Brokerage - Princeton

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,484

Year Built

  • Built in 1932

Lot Details

  • 610

HOA Fees

  • $654 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Penthouse
  • Colonial Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 801 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Laundry in Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Radiator
  • Natural Gas Water Heater
  • Public Septic

Listing and Financial Details

  • Tax Lot 00071 01
  • Assessor Parcel Number 14-00020 07-00071 01-C71A

Community Details

Overview

  • Association fees include common area maintenance, laundry
  • Palmer Square Management HOA
  • Low-Rise Condominium
  • Palmer Square Subdivision
  • Property Manager

Amenities

  • Common Area
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,484

Year Built

Built in 1932

Lot Details

0

HOA Fees

$654 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1932
  • Automatically Close On Close Date: No
  • Remarks Public: Nestled in downtown Princeton, this meticulously updated 2-bedroom condo offers a perfect blend of modern convenience and downtown charm. Boasting an upgraded kitchen and bath, this residence is ideal for investors seeking a prime rental opportunity, individuals looking for a comfortable home in the heart of Princeton, or college students desiring convenient and stylish accommodation. Enjoy unparalleled access to restaurants, shops, entertainment, and the vibrant culture of this historic city.
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Basement
  • Total Sq Ft: 801
  • Living Area Sq Ft: 801
  • Price Per Sq Ft: 922.60
  • Above Grade Finished Sq Ft: 801
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 71

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 654.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Laundry Facilities
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Laundry
  • HOA Name: PALMER SQUARE MANAGEMENT
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • School District Key: 300200396175
  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2023
  • Zoning: CBCP

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 12484.00
  • Assessor Parcel Number: 14-00020 07-00071 01-C71A
  • Tax Lot: 00071 01
  • Tax Total Finished Sq Ft: 801
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 06/28/2024

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2024
Closed on
Jun 26, 2024
Sold by
Morrison David Howard
Bought by
71 Palmer Square Nominee Trust and Mmp Management Llc
Seller's Agent
Carina Krall
Queenston Realty, LLC
Buyer's Agent
Heidi Hartmann
Coldwell Banker Residential Brokerage - Princeton
List Price
$739,000
Sold Price
$820,000
Premium/Discount to List
$81,000
10.96%
Views
21
Current Estimated Value
$821,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,973
Avg. Annual Appreciation
0.18%

Purchase Details

Closed on
Dec 18, 2023
Sold by
Morrison David Howard and Morrison Phebe N
Bought by
Morrison David Howard

Purchase Details

Listed on
Nov 10, 2012
Closed on
Feb 6, 2013
Sold by
Kohn Vera Sharpe
Bought by
Morrison David Howard and Novakovic Phebe N
Seller's Agent
Aniko Molnar-Szakolczai
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Maria Certo
Coldwell Banker Residential Brokerage-Princeton Jct
List Price
$599,000
Sold Price
$547,000
Premium/Discount to List
-$52,000
-8.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.25%

Purchase Details

Closed on
Sep 5, 2002
Sold by
Fisher Robert
Bought by
Kon Gail
Source: Public Records

Range of Values:

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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
71 Palmer Square Nominee Trust $820,000 Westcor Land Title
71 Palmer Square Nominee Trust $820,000 Westcor Land Title
Morrison David Howard -- Title Insurance
Morrison David Howard $547,000 Nrt Title Agency Llc
Kon Gail $345,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2024 06/28/24 Sold $820,000 +11.0% $1,024 / Sq Ft
05/30/2024 05/30/24 Pending -- -- --
05/25/2024 05/25/24 For Sale $739,000 +35.1% $923 / Sq Ft
02/06/2013 02/06/13 Sold $547,000 -4.9% $683 / Sq Ft View Prior Sale
01/22/2013 01/22/13 Pending -- -- --
01/01/2013 01/01/13 Price Changed $574,900 -4.0% $718 / Sq Ft
11/10/2012 11/10/12 For Sale $599,000 -- $748 / 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
2025 $13,224 $496,600 $395,000 $101,600
2024 $12,485 $496,600 $395,000 $101,600
2023 $12,485 $496,600 $395,000 $101,600
2022 $12,077 $496,600 $395,000 $101,600
2021 $12,112 $496,600 $395,000 $101,600
2020 $12,018 $496,600 $395,000 $101,600
2019 $11,779 $496,600 $395,000 $101,600
2018 $11,581 $496,600 $395,000 $101,600
2017 $11,422 $496,600 $395,000 $101,600
2016 $11,243 $496,600 $395,000 $101,600
2015 $10,985 $496,600 $395,000 $101,600
2014 $10,851 $496,600 $395,000 $101,600
Source: Public Records

Agents Affiliated with this Home

  • Carina Krall

    Seller's Agent in 2024

    Carina Krall

    Queenston Realty, LLC

    (908) 304-8118

    24 in this area

    54 Total Sales

    Carina Krall
    Section Image
  • Heidi Hartmann

    Buyer's Agent in 2024

    Heidi Hartmann

    Coldwell Banker Residential Brokerage - Princeton

    (609) 658-3771

    60 in this area

    96 Total Sales

    Heidi Hartmann
    Section Image
  • Aniko Molnar-Szakolczai

    Seller's Agent in 2013

    Aniko Molnar-Szakolczai

    Callaway Henderson Sotheby's Int'l-Princeton

    (609) 651-1840

    2 in this area

    15 Total Sales

    Aniko Molnar-Szakolczai
    Section Image
  • Maria Certo

    Buyer's Agent in 2013

    Maria Certo

    Coldwell Banker Residential Brokerage-Princeton Jct

    (609) 865-7130

    1 in this area

    43 Total Sales

    Maria Certo
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJME2043912

Bright MLS

APN: 14-00020-07-00071-01-C71A

New Jersey Mercer County Princeton 08542

71 Palmer Square W Unit A, Princeton, NJ

This home is located at 71 Palmer Square W Unit A, Princeton, NJ 08542 since 25 May 2024 and is currently estimated at $821,973, approximately $1,026 per square foot. This property was built in 1932. 71 Palmer Square W Unit A is a home located in Mercer County with nearby schools including Community Park Elementary School, Princeton Middle School, and Princeton High School.

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