NOT LISTED FOR SALE

87 Petty Rd Cranbury, NJ 08512

Estimated Value: $863,000 - $993,000

3 Beds
2 Baths
2,522 Sq Ft
$368/Sq Ft Est. Value

Last Sold June 27, 2023

Last sale price $730,000 $289 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $5,917/month

50 Days on Market

Highlights

  • 0.92 Acre Lot
  • Rambler Architecture
  • Sun or Florida Room
  • The Cranbury School Rated A
  • 2 Fireplaces
  • No HOA

About This Home

As of June 2023

A picturesque home with a dramatic setting that is spellbinding! Nestled on a large country lot in beautifully scenic Cranbury, NJ! Rambling Ranch style home on .91 acres of tranquility! Step into the warm , inviting living room with hardwood flooring and wood burning fireplace. An enormous dining room perfect for large family gettogethers. French doors lead to your family room with wood stove, wall of windows overlooking your beautiful private yard. Its relaxation headquarters for your entire family! The functional kitchen offers maple cabinetry, dining area and laundry room is right off the kitchen . There is a 3 season room off the kitchen. Welcome each day with fresh vitality in the spacious primary bedroom. 2nd and 3rd bedrooms are both a good size- catch the atmosphere of restfulness in these bedrooms! 2 updated bathrooms - one with tub and shower and the other with shower. The basement is finished and ready for enjoyment! Updates include - newer windows, gas heater, a/c, roof., large shed! Cranbury is a community vibrant with warmth and friendliness! Cranbury Elementary k-8 and Princeton High School!

Last Agent to Sell the Property

Virginia Sheehan

BHHS Fox & Roach - Princeton License #8436839 Listed on: 02/28/2023

BHHS Fox & Roach - Princeton

Last Buyer's Agent

Kathleen Bonchev

Queenston Realty, LLC License #1328642

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,503

Year Built

  • Built in 1964

Lot Details

  • 0.92 Acre Lot
  • Rural Setting
  • Property is in very good condition

Parking

  • 2 Car Attached Garage
  • 5 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 2,522 Sq Ft Home
  • Property has 1 Level
  • 2 Fireplaces
  • Family Room
  • Living Room
  • Dining Room
  • Game Room
  • Sun or Florida Room
  • Laundry Room
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Schools

  • Cranbury Elementary School
  • Cranbury Middle School
  • Princeton High School

Utilities

  • Central Air
  • Hot Water Baseboard Heater
  • Well
  • Natural Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Non Known Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-00025-00061

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,503

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1964
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Game Room, Family Room, Sun/Florida Room, Laundry, Bathroom 1, Bathroom 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 2522
  • Living Area Sq Ft: 2522
  • Price Per Sq Ft: 297.38
  • Above Grade Finished Sq Ft: 2522
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 87

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 5

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Private Septic Tank
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: CRANBURY TOWNSHIP PUBLIC SCHOOLS
  • Elementary School: CRANBURY E.S.
  • Middle School: CRANBURY
  • High School: PRINCETON H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396184
  • School District Source: Listing Agent
  • Elementary School: CRANBURY E.S.
  • High School: PRINCETON H.S.
  • Middle Or Junior School: CRANBURY

Lot Info

  • Lot Size Acres: 0.92
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 40001.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 10503.00
  • Assessor Parcel Number: 02-00025-00061
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 06/27/2023

MLS Schools

  • School District Name: CRANBURY TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2023
Closed on
Jun 5, 2023
Sold by
Wright Robert J and Wright Nancy J
Bought by
Cheng Yunan and Li Hailong
Seller's Agent
Virginia Sheehan
BHHS Fox & Roach - Princeton
Buyer's Agent
Kathleen Bonchev
Queenston Realty, LLC
List Price
$750,000
Sold Price
$730,000
Premium/Discount to List
-$20,000
-2.67%
Views
69
Current Estimated Value
$927,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,704
Avg. Annual Appreciation
8.33%

Purchase Details

Closed on
Jun 13, 1997
Sold by
Gargiulo Mary
Bought by
Wright Robert and Wright Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
7.87%
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
Cheng Yunan $730,000 Foundation Title
Wright Robert $257,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wright Robert J $410,000
Previous Owner Wright Robert J $430,000
Previous Owner Wright Robert J $158,100
Previous Owner Wright Robert $206,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2023 06/27/23 Sold $730,000 -2.7% $289 / Sq Ft
04/19/2023 04/19/23 Pending -- -- --
02/28/2023 02/28/23 For Sale $750,000 -- $297 / 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 $10,810 $589,400 $265,900 $323,500
2024 $10,656 $589,400 $265,900 $323,500
2023 $10,656 $589,400 $265,900 $323,500
2022 $10,503 $589,400 $265,900 $323,500
2021 $7,895 $589,400 $265,900 $323,500
2020 $10,491 $589,400 $265,900 $323,500
2019 $10,603 $589,400 $265,900 $323,500
2018 $11,605 $589,400 $265,900 $323,500
2017 $11,299 $589,400 $265,900 $323,500
2016 $11,393 $589,400 $265,900 $323,500
2015 $11,187 $589,400 $265,900 $323,500
2014 $11,228 $589,400 $265,900 $323,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJMX2004160

Bright MLS

APN: 02-00025-0000-00061