NOT LISTED FOR SALE

86 Cedar Ln Princeton, NJ 08540

Estimated Value: $2,135,000 - $2,373,730

4 Beds
4 Baths
3,100 Sq Ft
$735/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $2,250,000 $726 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $15,390/month

8 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • No HOA
  • Riverside Elementary School Rated A
  • Mud Room
  • Living Room

About This Home

As of June 2024

Wow! What a home! Located on a quiet street in the Riverside neighborhood but yet close to town and all the amenities that Princeton has to offer. This stunning newer construction will have you wanting to move in immediately! Spend your time noticing the design details throughout the home, from the “invisible” coat closet in the foyer, the well thought out kitchen, the matching glass railing system both inside and outside the home to the extra height doors, these details make the home truly special. As you enter the foyer, the space and natural light welcomes you home. The open concept living spaces make for versatile living area with the generous sized dining area with slider to the oversized rear deck. The living room is equally large, with a wall of windows and a slider to the deck too. The gas fireplace provides the perfect focal point of the room. Separating the living room from the kitchen is the island with its waterfall style counter, second sink and ample seating and storage. The kitchen is a show stopper! With complimentary dual tone cabinetry, the space exudes style. Appliances are high end such as Dacor 5 burner cook top, Miele extractor hood and Bosch wall oven, built in microwave, fridge freezer and dishwasher. The large picture window makes for a great view of the yard when prepping meals. Don’t miss the pull-out pantry storage. There is a convenient first floor bedroom/ office that also has access to the rear deck. The adjacent full bath has a shower with an on trend floating vanity. To complete the first floor there is a laundry/ mudroom which has lots of storage and also has access to the driveway. The primary suite on the second floor is a tranquil oasis for you to escape the stresses of the day. Storage abounds with a wall of built-ins as well as a walk-in closet with custom cabinetry. The ensuite bath is something you would expect in a design magazine with a Bain Ultra soaking tub, separate shower with rain head shower and a floating double vanity with Toto designer sinks. Bedroom 2 has its own private bath too with shower and floating vanity and for storage there is a walk-in closet too. Bedroom 3 and the hall bath complete the second floor. The basement is unfinished and provides lots of storage. There is recessed lighting throughout the home and hardwood flooring. This is a stunning home in a great location, see it today!

Last Agent to Sell the Property

Ingela Kostenbader

Queenston Realty, LLC License #344850 Listed on: 05/01/2024

Last Buyer's Agent

DANIELLE C. Mahnken

Callaway Henderson Sotheby's Int'l-Princeton License #1433090

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,646

Year Built

  • Built in 1955 | Remodeled in 2022

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 80.00 x 173.00
  • Property is zoned R2

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,100 Sq Ft Home
  • Property has 2 Levels
  • Gas Fireplace
  • Mud Room
  • Living Room
  • Dining Room
  • Instant Hot Water
  • Laundry Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces

Outdoor Features

  • Deck

Schools

  • Riverside Elementary School
  • Princeton Middle School
  • Princeton High School

Utilities

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

Community Details

  • No Home Owners Association
  • Riverside Subdivision

Listing and Financial Details

  • Tax Lot 00066
  • Assessor Parcel Number 14-00056 03-00066

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,646

Year Built

Built in 1955 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1955
  • Year Renovated: 2022
  • Automatically Close On Close Date: No
  • Remarks Public: Wow! What a home! Located on a quiet street in the Riverside neighborhood but yet close to town and all the amenities that Princeton has to offer. This stunning newer construction will have you wanting to move in immediately! Spend your time noticing the design details throughout the home, from the “invisible” coat closet in the foyer, the well thought out kitchen, the matching glass railing system both inside and outside the home to the extra height doors, these details make the home truly special. As you enter the foyer, the space and natural light welcomes you home. The open concept living spaces make for versatile living area with the generous sized dining area with slider to the oversized rear deck. The living room is equally large, with a wall of windows and a slider to the deck too. The gas fireplace provides the perfect focal point of the room. Separating the living room from the kitchen is the island with its waterfall style counter, second sink and ample seating and storage. The kitchen is a show stopper! With complimentary dual tone cabinetry, the space exudes style. Appliances are high end such as Dacor 5 burner cook top, Miele extractor hood and Bosch wall oven, built in microwave, fridge freezer and dishwasher. The large picture window makes for a great view of the yard when prepping meals. Don’t miss the pull-out pantry storage. There is a convenient first floor bedroom/ office that also has access to the rear deck. The adjacent full bath has a shower with an on trend floating vanity. To complete the first floor there is a laundry/ mudroom which has lots of storage and also has access to the driveway. The primary suite on the second floor is a tranquil oasis for you to escape the stresses of the day. Storage abounds with a wall of built-ins as well as a walk-in closet with custom cabinetry. The ensuite bath is something you would expect in a design magazine with a Bain Ultra soaking tub, separate shower with rain head shower and a floating double vanity with Toto designer sinks. Bedroom 2 has its own private bath too with shower and floating vanity and for storage there is a walk-in closet too. Bedroom 3 and the hall bath complete the second floor. The basement is unfinished and provides lots of storage. There is recessed lighting throughout the home and hardwood flooring. This is a stunning home in a great location, see it today!
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Laundry, Mud Room
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 3100
  • Living Area Sq Ft: 3100
  • Price Per Sq Ft: 645.16
  • Above Grade Finished Sq Ft: 3100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 86

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3

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
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

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, Instant Hot Water
  • 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: RIVERSIDE 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: RIVERSIDE E.S.
  • High School: PRINCETON H.S.
  • Middle Or Junior School: PRINCETON

Lot Info

  • Lot Size Acres: 0.32
  • Lot Dimensions: 80.00 x 173.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13839.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2023
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 35646.00
  • Assessor Parcel Number: 14-00056 03-00066
  • Tax Lot: 00066
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 06/07/2024

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Jun 3, 2024
Sold by
Ll Joy Trust and Lei Chunxiong
Bought by
Yang Ronald S and Yang Mijung Oh
Seller's Agent
Ingela Kostenbader
Queenston Realty, LLC
Buyer's Agent
DANIELLE C. Mahnken
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$2,000,000
Sold Price
$2,250,000
Premium/Discount to List
$250,000
12.5%
Views
47
Current Estimated Value
$2,279,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,183
Avg. Annual Appreciation
2.06%
Original Mortgage
$700,000
Outstanding Balance
$694,300
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$1,610,035

Purchase Details

Closed on
Dec 31, 2021
Sold by
Lei and Shufen
Bought by
Ll Joy Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,500
Interest Rate
2.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 3, 2020
Closed on
Jul 15, 2020
Sold by
Fox Barbara F
Bought by
Lei Chunxiong and Li Shufen
Seller's Agent
Ingela Kostenbader
Queenston Realty, LLC
Buyer's Agent
Shuhung Lo
BHHS Fox & Roach - Princeton
List Price
$779,000
Sold Price
$800,000
Premium/Discount to List
$21,000
2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.20%
Source: Public Records

Range of Values:

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Average Value
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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
Yang Ronald S $2,250,000 Cortes & Hay Title
Ll Joy Trust -- None Listed On Document
Lei Chunxiong $800,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Ronald S $700,000
Previous Owner Mazzone Lisa $532,500
Previous Owner Fox George $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $2,250,000 +12.5% $726 / Sq Ft
05/09/2024 05/09/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $2,000,000 +150.0% $645 / Sq Ft
07/15/2020 07/15/20 Sold $800,000 +2.7% $472 / Sq Ft
06/10/2020 06/10/20 Pending -- -- --
06/03/2020 06/03/20 For Sale $779,000 -- $460 / 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
2024 $35,646 $1,417,900 $505,000 $912,900
2023 $35,646 $1,417,900 $505,000 $912,900
2022 $11,674 $480,000 $480,000 $0
2021 $11,707 $480,000 $480,000 $0
2020 $15,222 $629,000 $480,000 $149,000
2019 $14,920 $629,000 $480,000 $149,000
2018 $14,668 $629,000 $480,000 $149,000
2017 $14,467 $629,000 $480,000 $149,000
2016 $14,241 $629,000 $480,000 $149,000
2015 $13,913 $629,000 $480,000 $149,000
2014 $13,744 $629,000 $480,000 $149,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2042604

Bright MLS

APN: 14-00056-03-00066