NOT LISTED FOR SALE

76 Pettit Place Princeton, NJ 08540

Estimated Value: $2,354,000 - $2,778,062

5 Beds
8 Baths
8,455 Sq Ft
$308/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $1,840,000 $218 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $17,246/month

Highlights

  • Second Kitchen
  • Heated Indoor Pool
  • Gourmet Kitchen
  • Community Park Elementary School Rated A+
  • Sauna
  • 1.02 Acre Lot

About This Home

As of October 2021

At the end of cul-de-sac, the gold painted finial iron gates open automatically to welcome you! This 3-level custom-built colonial estate with distinct Mediterranean influences is one of a kind architectural masterpiece, offering over 8,000 sq. feet of living and entertaining accommodations. Nestled in the prestigious Princeton Ridge enclave, only minutes away from Palmer Square, Princeton University, and top private schools, this extraordinary home, boasting 5 large en suit bedrooms & 6 full/2 half baths, has been impeccably maintained by its original owner. Privately situated on over an acre of scenic and beautifully landscaped property (adjacent to over 25 acres of preserved woods), with paved circular driveway and a granite fountain. This magnificent Persian inspired manor requires surprisingly low maintenance. Archways, French doors, extensive custom crown moldings, hardwood floors, granite countertops, soaring ceilings, and large skylights are features of the property. A courtyard-like Great Room with a 24-feet vaulted ceiling, gas fireplace, huge formal dining room with exquisite molding and chair railing. A unique solarium with structural glass floor overlooking the swimming pool below and enjoying panoramic seasonal vistas from three sides with skylights. An oversized 3-car garage with ample shelving, mud room, pet room, and a tiled wraparound balcony with awning wrapping the awe-inspiring kitchen. Upper level is “hall of rooms”. The expansive and luxurious master suite and 3 additional large en suite bedrooms with high vaulted ceilings, walk-in closets, balconies, 2 with fireplace and 2 whirlpools. A large solarium (potentially a bedroom) with a wet bar, balcony and stunning views of the garden completes this level. The finished walk out lower level is the ‘club house’ with an in-law en suite, kitchen, paver covered patio, family room, game room, office, sauna, an additional full bath, changing room and storage room. Then you are steps away from the indoor/outdoor, year-round, heated low maintenance saltwater pool with whirlpool and a huge paver patio with awning and exotic bushes surrounding. This level is recreational and entertainment paradise. Other highlights include fresh paints, 2x6 and stucco construction with lower level built with over 9 feet of poured concrete, main and upper floors with 9, 14 and 25 feet ceilings, Pella windows and doors throughout, 21 skylights, granite in all bathrooms with brass hardware, hardwood floors throughout, luxurious crown molding and sophisticated medallions, 6 gas fireplaces, several balconies and stone patios, abundance of storage spaces, upgraded 6 zone heating and cooling systems, 400-amp electric system, and 2 large water heaters, one only 2 year old. Other amenities include recessed lighting throughout, chandlers, remote-operating fans/lights, LED bulbs throughout, central vacuum, security, intercom and media audio systems throughout, an exclusive indoor/outdoor saltwater low maintenance swimming pool that doesn't need chlorine, gazebo, pergola, swing set, sprinkler system throughout, multiple stone patios, paved walkways and landscape lighting around the home, sod-lawned yards and rock gardens of exotic trees and bushes that bloom in different seasons. This spectacular manor is perfect 'staycation' for entire family.

Last Agent to Sell the Property

John Burke

(609) 418-0154 jburke@weichertrealtors.net Weichert Realtors - Princeton Listed on: 06/29/2021

Weichert Realtors - Princeton

Co-Listed By

Victoria Wang

(609) 491-2036 vwang@weichert.com Weichert Realtors - Princeton License #1007060

Weichert Realtors - Princeton

Last Buyer's Agent

Victoria Wang

(609) 491-2036 vwang@weichert.com Weichert Realtors - Princeton License #1007060

Weichert Realtors - Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,552

Year Built

  • Built in 2000

Lot Details

  • 1.02 Acre Lot
  • West Facing Home
  • Sprinkler System
  • Property is zoned RB

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Manor Architecture
  • Mediterranean Architecture
  • Poured Concrete
  • Shingle Roof
  • Synthetic Stucco Exterior

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Bar
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Window Treatments
  • Family Room Off Kitchen
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Den
  • Game Room
  • Hobby Room
  • Sun or Florida Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Sauna
  • Home Gym

Kitchen

  • Gourmet Kitchen
  • Kitchenette
  • Second Kitchen
  • Butlers Pantry
  • Kitchen Island
  • Upgraded Countertops
  • Wine Rack

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • Cedar Closet
  • Whirlpool Bathtub
  • Walk-in Shower

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Sump Pump
  • Space For Rooms
  • Basement Windows

Home Security

  • Intercom
  • Flood Lights

Pool

  • Heated Indoor Pool
  • Concrete Pool
  • Filtered Pool
  • Heated In Ground Pool
  • Heated Above Ground Pool

Outdoor Features

  • Multiple Balconies
  • Water Fountains
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Princeton Ridge Subdivision

Listing and Financial Details

  • Tax Lot 00015
  • Assessor Parcel Number 14-02201-00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,552

Year Built

Built in 2000

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Mediterranean, Manor
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2000
  • Automatically Close On Close Date: No
  • Remarks Public: At the end of cul-de-sac, the gold painted finial iron gates open automatically to welcome you! This 3-level custom-built colonial estate with distinct Mediterranean influences is one of a kind architectural masterpiece, offering over 8,000 sq. feet of living and entertaining accommodations. Nestled in the prestigious Princeton Ridge enclave, only minutes away from Palmer Square, Princeton University, and top private schools, this extraordinary home, boasting 5 large en suit bedrooms & 6 full/2 half baths, has been impeccably maintained by its original owner. Privately situated on over an acre of scenic and beautifully landscaped property (adjacent to over 25 acres of preserved woods), with paved circular driveway and a granite fountain. This magnificent Persian inspired manor requires surprisingly low maintenance. Archways, French doors, extensive custom crown moldings, hardwood floors, granite countertops, soaring ceilings, and large skylights are features of the property. A courtyard-like Great Room with a 24-feet vaulted ceiling, gas fireplace, huge formal dining room with exquisite molding and chair railing. A unique solarium with structural glass floor overlooking the swimming pool below and enjoying panoramic seasonal vistas from three sides with skylights. An oversized 3-car garage with ample shelving, mud room, pet room, and a tiled wraparound balcony with awning wrapping the awe-inspiring kitchen. Upper level is “hall of rooms”. The expansive and luxurious master suite and 3 additional large en suite bedrooms with high vaulted ceilings, walk-in closets, balconies, 2 with fireplace and 2 whirlpools. A large solarium (potentially a bedroom) with a wet bar, balcony and stunning views of the garden completes this level. The finished walk out lower level is the ‘club house’ with an in-law en suite, kitchen, paver covered patio, family room, game room, office, sauna, an additional full bath, changing room and storage room. Then you are steps away from the indoor/outdoor, year-round, heated low maintenance saltwater pool with whirlpool and a huge paver patio with awning and exotic bushes surrounding. This level is recreational and entertainment paradise. Other highlights include fresh paints, 2x6 and stucco construction with lower level built with over 9 feet of poured concrete, main and upper floors with 9, 14 and 25 feet ceilings, Pella windows and doors throughout, 21 skylights, granite in all bathrooms with brass hardware, hardwood floors throughout, luxurious crown molding and sophisticated medallions, 6 gas fireplaces, several balconies and stone patios, abundance of storage spaces, upgraded 6 zone heating and cooling systems, 400-amp electric system, and 2 large water heaters, one only 2 year old. Other amenities include recessed lighting throughout, chandlers, remote-operating fans/lights, LED bulbs throughout, central vacuum, security, intercom and media audio systems throughout, an exclusive indoor/outdoor saltwater low maintenance swimming pool that doesn't need chlorine, gazebo, pergola, swing set, sprinkler system throughout, multiple stone patios, paved walkways and landscape lighting around the home, sod-lawned yards and rock gardens of exotic trees and bushes that bloom in different seasons. This spectacular manor is perfect 'staycation' for entire family.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Ceramic Tile, Marble
  • Interior Amenities: 2nd Kitchen, Bar, Butlers Pantry, Cedar Closet(s), Ceiling Fan(s), Chair Railings, Crown Moldings, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Intercom, Kitchen - Gourmet, Kitchen - Island, Kitchenette, Pantry, Recessed Lighting, Sauna, Skylight(s), Soaking Tub, Sprinkler System, Stall Shower, Store/Office, Upgraded Countertops, Wet/Dry Bar, Whirlpool/Hottub, Window Treatments, Wine Storage, Wood Floors, Central Vacuum
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Sitting Room, Kitchen, Game Room, Family Room, Sun/Florida Room, Exercise Room, Laundry, Office, Storage Room, Utility Room, Hobby Room
  • Basement: Yes
  • Basement Type: Fully Finished, Heated, Interior Access, Outside Entrance, Poured Concrete, Rear Entrance, Sump Pump, Walkout Level, Windows, Space For Rooms
  • Basement Finished Percent: 90.00
  • Basement Footprint Percent: 30.00
  • Total Sq Ft: 8455
  • Living Area Sq Ft: 8455
  • Price Per Sq Ft: 322.05
  • Above Grade Finished Sq Ft: 6055
  • Below Grade Finished Sq Ft: 2400
  • Total Below Grade Sq Ft: 2400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 76

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 8
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 4
  • Lower Levels Bathrooms: 2
  • Upper Level Bathrooms: 4.00
  • Lower Levels Bathrooms: 2.00
  • Upper Level Full Bathrooms: 4
  • Lower Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Synthetic Stucco
  • Exterior Features: Bbq Grill, Exterior Lighting, Flood Lights, Gutter System, Lawn Sprinkler, Underground Lawn Sprinkler, Water Fountains
  • Pool Features: Above Ground, Concrete, Heated, In Ground, Indoor, Filtered
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 1280300.00
  • Land Assessed Value: 602000.00
  • Lot Size Acres: 1.02
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 44344.00
  • Outdoor Living Structures: Balconies- Multiple
  • Year Assessed: 2020
  • Zoning: RB

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 2141909
  • Tax Annual Amount: 45552.00
  • Assessor Parcel Number: 14-02201-00015
  • Tax Lot: 00015
  • Tax Data Updated: Yes
  • Tax Year: 2020
  • Close Date: 10/08/2021

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2021
Closed on
Sep 30, 2021
Sold by
Amirahmadi Hooshang and Beheshti Zahra
Bought by
Shah Aalap Rajendra and Shah Pinky
Seller's Agent
John Burke
Weichert Realtors - Princeton
Buyer's Agent
Victoria Wang
Weichert Realtors - Princeton
List Price
$19,500,000
Sold Price
$1,840,000
Premium/Discount to List
-$17,660,000
-90.56%
Current Estimated Value
$2,606,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$766,516
Avg. Annual Appreciation
9.19%
Original Mortgage
$1,380,000
Outstanding Balance
$1,258,431
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,348,085

Purchase Details

Closed on
Oct 16, 2001

Purchase Details

Closed on
Mar 18, 1997
Sold by
Ridgeview Associates
Bought by
Amirahmadi Hooshang and Beheshti Zahra
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Shah Aalap Rajendra $1,840,000 Seber Title Agency Llc
Shah Aalap Rajendra -- Title Agency
-- -- --
Amirahmadi Hooshang $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Aalap Rajendra $1,380,000
Closed Shah Aalap Rajendra $1,380,000
Previous Owner Amirahmadi Hooshang $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2021 10/08/21 Sold $1,840,000 -90.6% $218 / Sq Ft
09/09/2021 09/09/21 Pending -- -- --
06/29/2021 06/29/21 For Sale $19,500,000 -- $2,306 / 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 $41,774 $1,568,700 $602,000 $966,700
2024 $39,357 $1,568,700 $602,000 $966,700
2023 $39,357 $1,565,500 $602,000 $963,500
2022 $38,073 $1,565,500 $602,000 $963,500
2021 $45,909 $1,882,300 $602,000 $1,280,300
2020 $45,552 $1,882,300 $602,000 $1,280,300
2019 $44,648 $1,882,300 $602,000 $1,280,300
2018 $43,895 $1,882,300 $602,000 $1,280,300
2017 $43,293 $1,882,300 $602,000 $1,280,300
2016 $42,126 $1,860,700 $602,000 $1,258,700
2015 $41,238 $1,830,100 $602,000 $1,228,100
2014 $39,988 $1,830,100 $602,000 $1,228,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJME2000972

Bright MLS

APN: 14-02201-0000-00015