NOT LISTED FOR SALE

74 Spruce St Princeton, NJ 08542

-- Bed
-- Bath
2,650 Sq Ft
8,120 Sq Ft Lot

Last Sold August 20, 2021

Last sale price $1,050,000 $396 Per Sq Ft

Highlights

  • No HOA
  • Radiator
  • 1-minute walk to Barbara Boggs Sigmund Park
  • Community Park Elementary School Rated A+

About This Home

As of August 2021

Downtown investment property on Spruce Street. 5 units in property and all are currently leased.
unit 1 $1500 a month lease ends 9-30-2021
unit 2 $1475/mon for ApriLand May and $1450 for June lease ends 6-30-2021 also $1450 lease ends 6-30-2022
unit 3 $1400 lease ends 8-31-2021
unit 4 $1325 lease ends 8-31-2021
unit 5 $1080 lease ends 8-31-2021.
All leases include heat and hot water. There is no off street parking for units.
Utilities - electric, gas heat and water run about $4400 annually .

Last Agent to Sell the Property

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office Listed on: 08/24/2021

Last Buyer's Agent

Ingela Kostenbader

(609) 902-5302 ingela@princetonhome.com Queenston Realty, LLC License #344850

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,976

Year Built

  • Built in 1900

Lot Details

  • 8,120 Sq Ft Lot
  • Lot Dimensions are 40.00 x 203.00

Home Design

  • 2,650 Sq Ft Home
  • Frame Construction

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • 4 Units
  • 3-Story Building

Listing and Financial Details

  • Tax Lot 00058
  • Assessor Parcel Number 14-00030 03-00058

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,976

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: Downtown investment property on Spruce Street. 5 units in property and all are currently leased. unit 1 $1500 a month lease ends 9-30-2021 unit 2 $1475/mon for ApriLand May and $1450 for June lease ends 6-30-2021 also $1450 lease ends 6-30-2022 unit 3 $1400 lease ends 8-31-2021 unit 4 $1325 lease ends 8-31-2021 unit 5 $1080 lease ends 8-31-2021. All leases include heat and hot water. There is no off street parking for units. Utilities - electric, gas heat and water run about $4400 annually .
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Total Sq Ft: 2650
  • Living Area Sq Ft: 2650
  • Price Per Sq Ft: 396.23
  • Above Grade Finished Sq Ft: 2650
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 74

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: No

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: COMMUNITY PARK E.S.
  • Middle School: PRINCETON
  • 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: PRINCETON

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 294500.00
  • Land Assessed Value: 407000.00
  • Lot Size Acres: 0.19
  • Lot Dimensions: 40.00 x 203.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8120.00
  • Year Assessed: 2020
  • Zoning: R4

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2139648
  • Tax Annual Amount: 16976.00
  • Assessor Parcel Number: 14-00030 03-00058
  • Tax Lot: 00058
  • Tax Total Finished Sq Ft: 2650
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 08/20/2021

Multi Family

  • Single Room Units Count: 2

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2021 08/24/21 For Sale $1,050,000 0.0% $396 / Sq Ft
08/20/2021 08/20/21 Sold $1,050,000 -- $396 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ingela Kostenbader

    Buyer's Agent in 2021

    Ingela Kostenbader

    Queenston Realty, LLC

    (609) 902-5302

    215 in this area

    281 Total Sales

    Ingela Kostenbader
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Map

Source: Bright MLS

MLS Number: NJME311662

Bright MLS
New Jersey Mercer County Princeton 08540

74 Spruce St, Princeton, NJ

This home is located at 74 Spruce St, Princeton, NJ 08542 since 24 August 2021. This property was built in 1900. 74 Spruce St 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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