Seller's Agent in 2024
Yael Lax Zakut
Compass New Jersey, LLC - Princeton
(609) 933-0880
33 in this area
92 Total Sales
753 Prospect Ave Princeton, NJ 08540
Estimated Value: $2,103,000 - $2,216,602
5
Beds
3.5
Baths
3,646
Sq Ft
$590/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- No HOA
- Oversized Parking
- Riverside Elementary School Rated A
- 2 Car Detached Garage
- Level Entry For Accessibility
About This Home
As of June 2024Welcome to 753 Prospect Avenue, a captivating lakefront retreat in the coveted Riverside neighborhood of Princeton, NJ. This stunning property offers a panoramic view of Lake Carnegie and boasts a completely renovated solid brick main residence with a separate guest house, making it an ideal work-from-home oasis.As you make your way down the Belgian block driveway, you'll be greeted by the meticulously renovated main house, featuring three fireplaces, solid hardwood floors throughout, and an open layout perfect for entertaining while soaking in the picturesque view of the lake. The elegant living room, adorned with a massive picture window, will leave you in awe. The newly renovated open gourmet kitchen is a chef's dream, with custom cabinets, stainless steel appliances, quartzite countertops, marble backsplashes, and ample space for entertaining in the adjoining sitting and dining areas. Additionally, the main floor offers a powder room and a formal dining room with French doors that open to one of two stone patios.The second floor of the main house comprises four bedrooms, including a private master suite overlooking the lake, complete with a fireplace, large walk-in closet, and a tastefully renovated master bathroom featuring custom cabinets and a luxurious steam shower. The hall bath boasts a jetted whirlpool tub, and there's an upstairs laundry room for added convenience. Both upstairs baths have radiant heated floors, adding a touch of luxury to everyday living.The detached and newly updated guest house, situated above the garage, offers a versatile space with a full bath, kitchenette, a spacious living area, and access to two cedar decks. Upstairs, a flex office/loft/sleeping area provides ample room for various uses. With wide views of Lake Carnegie, generous workspaces, and dedicated HVAC, this space is perfect for guests, remote work, or pursuing creative endeavors.Completing this mini compound is direct lake access for your kayaks and canoes, as well as a built-in outdoor grill for al fresco dining. The property is conveniently located within walking distance to the bus to Manhattan and is in close proximity to the delightful shopping and dining options in downtown Princeton. Not to mention, it's part of the award-winning Princeton school district!This home offers the perfect blend of elegance, functionality, and tranquility. Don't miss the opportunity to make this extraordinary lakefront property your own. Schedule a showing today and experience the allure of 753 Prospect Avenue.
Last Agent to Sell the Property
Compass New Jersey, LLC - Princeton Listed on: 03/20/2024
Last Buyer's Agent
Jennifer Winn
Redfin License #459035
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $42,733
Year Built
- Built in 1979
Lot Details
- 0.5 Acre Lot
- Property is zoned R5
Parking
- 2 Car Detached Garage
- Oversized Parking
- Driveway
Home Design
- Colonial Architecture
- Block Foundation
- Wood Siding
- Brick Front
- Asphalt
- Tile
Interior Spaces
- 3,646 Sq Ft Home
- Property has 2 Levels
- Unfinished Basement
Bedrooms and Bathrooms
- 5 Main Level Bedrooms
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
- On Site Septic
Additional Features
- Level Entry For Accessibility
- Outdoor Grill
Community Details
- No Home Owners Association
- Riverside Subdivision
Listing and Financial Details
- Tax Lot 00022
- Assessor Parcel Number 14-05901-00022
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 20, 2024
Closed on
Jun 7, 2024
Sold by
Martin Andrew and Martin Kerry
Bought by
Murdock Hunter and Lindemann Danielle
Seller's Agent
Yael Lax Zakut
Compass New Jersey, LLC - Princeton
Buyer's Agent
Jennifer Winn
Redfin
List Price
$1,975,000
Sold Price
$2,025,000
Premium/Discount to List
$50,000
2.53%
Views
66
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,223
Avg. Annual Appreciation
2.32%
Original Mortgage
$1,620,000
Outstanding Balance
$1,606,420
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$473,269
Purchase Details
Listed on
Mar 7, 2022
Closed on
Oct 25, 2022
Sold by
Scheer Adam and Scheer Michal
Bought by
Martin Andrew and Martin Kerry
Seller's Agent
Ingela Kostenbader
Queenston Realty, LLC
Buyer's Agent
Yael Lax Zakut
Compass New Jersey, LLC - Princeton
List Price
$2,399,000
Sold Price
$1,850,000
Premium/Discount to List
-$549,000
-22.88%
Views
70
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.74%
Purchase Details
Listed on
Jan 22, 2015
Closed on
Nov 11, 2015
Sold by
Medici Carlo and Medici Teresa
Bought by
Scheer Adam and Scheer Michael
Seller's Agent
Debbie Lang
BHHS Fox & Roach - Princeton
Buyer's Agent
Beatrice Bloom
Weichert Realtors - Princeton
List Price
$1,580,000
Sold Price
$1,400,000
Premium/Discount to List
-$180,000
-11.39%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.10%
Original Mortgage
$700,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jun 18, 1998
Sold by
Miller George A
Bought by
Medici Carlo and Medici Teresa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
7.04%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Murdock Hunter | $2,025,000 | Title Forward | |
| Martin Andrew | -- | Chicago Title | |
| Scheer Adam | $1,400,000 | River Edge Title Agency Llc | |
| Medici Carlo | $595,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Murdock Hunter | $1,620,000 | |
| Previous Owner | Scheer Adam | $700,000 | |
| Previous Owner | Medici Teresa | $975,000 | |
| Previous Owner | Medici Carlo | $470,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/10/2024 06/10/24 | Sold | $2,025,000 | +2.5% | $555 / Sq Ft |
| 03/27/2024 03/27/24 | Pending | -- | -- | -- |
| 03/20/2024 03/20/24 | For Sale | $1,975,000 | +6.8% | $542 / Sq Ft |
| 10/28/2022 10/28/22 | Sold | $1,850,000 | 0.0% | $507 / Sq Ft |
| 09/28/2022 09/28/22 | Pending | -- | -- | -- |
| 07/25/2022 07/25/22 | Price Changed | $1,850,000 | -7.5% | $507 / Sq Ft |
| 05/08/2022 05/08/22 | Price Changed | $1,999,900 | -16.6% | $549 / Sq Ft |
| 03/07/2022 03/07/22 | For Sale | $2,399,000 | +71.4% | $658 / Sq Ft |
| 11/23/2015 11/23/15 | Sold | $1,400,000 | -8.2% | $384 / Sq Ft |
| 11/21/2015 11/21/15 | Price Changed | $1,525,000 | 0.0% | $418 / Sq Ft |
| 11/20/2015 11/20/15 | Pending | -- | -- | -- |
| 11/11/2015 11/11/15 | Price Changed | $1,525,000 | 0.0% | $418 / Sq Ft |
| 11/10/2015 11/10/15 | Pending | -- | -- | -- |
| 09/26/2015 09/26/15 | Pending | -- | -- | -- |
| 06/05/2015 06/05/15 | Price Changed | $1,525,000 | -3.5% | $418 / Sq Ft |
| 01/22/2015 01/22/15 | For Sale | $1,580,000 | -- | $433 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $42,733 | $1,699,800 | $725,000 | $974,800 |
| 2023 | $42,733 | $1,699,800 | $725,000 | $974,800 |
| 2022 | $38,559 | $1,585,500 | $725,000 | $860,500 |
| 2021 | $41,312 | $1,693,800 | $725,000 | $968,800 |
| 2020 | $40,990 | $1,693,800 | $725,000 | $968,800 |
| 2019 | $40,177 | $1,693,800 | $725,000 | $968,800 |
| 2018 | $39,390 | $1,689,100 | $725,000 | $964,100 |
| 2017 | $38,849 | $1,689,100 | $725,000 | $964,100 |
| 2016 | $31,103 | $1,373,800 | $725,000 | $648,800 |
| 2015 | $30,855 | $1,394,900 | $550,000 | $844,900 |
| 2014 | $30,479 | $1,394,900 | $550,000 | $844,900 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Buyer's Agent in 2024
Jennifer Winn
Redfin
-
Seller's Agent in 2022
Ingela Kostenbader
Queenston Realty, LLC
(609) 902-5302
220 in this area
287 Total Sales
-
Seller's Agent in 2015
Debbie Lang
BHHS Fox & Roach
(609) 213-1900
11 in this area
90 Total Sales
-
Buyer's Agent in 2015
Beatrice Bloom
Weichert Corporate
(609) 577-2989
110 in this area
159 Total Sales
Map
Source: Bright MLS
MLS Number: NJME2040850
APN: 14-05901-0000-00022
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