NOT LISTED FOR SALE

9 Park Place E Cranbury, NJ 08512

Estimated Value: $777,000 - $903,000

4 Beds
3 Baths
2,674 Sq Ft
$318/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $700,000 $262 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,671/month

188 Days on Market

Highlights

  • In Ground Pool
  • Dual Staircase
  • Private Lot
  • The Cranbury School Rated A
  • Wood Burning Stove
  • 2-minute walk to Village Park

About This Home

As of May 2024

9 Park Place East celebrates the era when architecture was art. Built by Samuel Jernee, circa 1860, as his personal residence, no expense was spared to provide such amenities like formed crown mouldings and columns, as well as exterior features like gazebo styling within the wraparound porch. In the heart of Cranbury’s historic district, the exterior and interior architectural integrity has been maintained. This stunning Victorian, set amidst the quaint bustle of Cranbury borough, will transport you to a bygone era of gracious living. Historic charm abounds from the stained glass transoms and wraparound front porch, to the antique crystal chandeliers and decorative columns throughout the living and dining rooms. Enjoy a good book in the library with plenty of natural light and decorative fireplace, or sip on morning coffee and afternoon sweet tea in the main living area with functional gas logs. En route to the kitchen with vintage wood burning stove, pass through the butler’s pantry which is both practical and pretty. Further down the hallway, the laundry area is concealed behind bi-folding closet doors, and the full bathroom with walk-in shower stall is conveniently located near the private backyard entrance. Upstairs, plantation shutters are featured in the primary bedroom and spacious full bath with double linen closet. The windows in bedroom #2 overlook the pool and quiet side street, bedroom #3 includes a built-in picture ledge, and guests of all ages will appreciate the tree-house effect from the real wood paneling in bedroom #4. Another set of stairs leads to the attic on the third floor, which consists of three multi-purpose rooms with large closet area and wall of windows. Outside, enjoy the privacy and the sensations of changing seasons with chestnut trees, mature hydrangea bushes, tall bamboo grasses, and fenced-in pool with diving board. Centrally located in New Jersey between New York and Philadelphia with nearby community parks, restaurants, and market venues, 9 Park Place East is a lovely fit for all your needs and interests.

Last Agent to Sell the Property

Mary Brandt

EXP Realty, LLC License #0446959 Listed on: 09/14/2023

Last Buyer's Agent

Deanna Anderson

Coldwell Banker Residential Brokerage - Princeton

Coldwell Banker Residential Brokerage - Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,223

Year Built

  • Built in 1860

Lot Details

  • 0.29 Acre Lot
  • Private Lot
  • Corner Lot
  • Level Lot
  • Back, Front, and Side Yard
  • Property is zoned V/HR, Village/Hamlet Residential

Parking

  • On-Street Parking

Home Design

  • Victorian Architecture
  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 2,674 Sq Ft Home
  • Property has 3 Levels
  • Dual Staircase
  • Built-In Features
  • Crown Molding
  • Wainscoting
  • Wood Burning Stove
  • Stained Glass
  • Mud Room
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Library
  • Wood Flooring
  • Partial Basement
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Pool

  • In Ground Pool
  • Fence Around Pool

Schools

  • Cranbury Elementary And Middle School
  • Princeton High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00005
  • Assessor Parcel Number 02-00031-00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,223

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Washer, Dryer, Refrigerator
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Year Built: 1860
  • Automatically Close On Close Date: No
  • Remarks Public: 9 Park Place East celebrates the era when architecture was art. Built by Samuel Jernee, circa 1860, as his personal residence, no expense was spared to provide such amenities like formed crown mouldings and columns, as well as exterior features like gazebo styling within the wraparound porch. In the heart of Cranbury’s historic district, the exterior and interior architectural integrity has been maintained. This stunning Victorian, set amidst the quaint bustle of Cranbury borough, will transport you to a bygone era of gracious living. Historic charm abounds from the stained glass transoms and wraparound front porch, to the antique crystal chandeliers and decorative columns throughout the living and dining rooms. Enjoy a good book in the library with plenty of natural light and decorative fireplace, or sip on morning coffee and afternoon sweet tea in the main living area with functional gas logs. En route to the kitchen with vintage wood burning stove, pass through the butler’s pantry which is both practical and pretty. Further down the hallway, the laundry area is concealed behind bi-folding closet doors, and the full bathroom with walk-in shower stall is conveniently located near the private backyard entrance. Upstairs, plantation shutters are featured in the primary bedroom and spacious full bath with double linen closet. The windows in bedroom #2 overlook the pool and quiet side street, bedroom #3 includes a built-in picture ledge, and guests of all ages will appreciate the tree-house effect from the real wood paneling in bedroom #4. Another set of stairs leads to the attic on the third floor, which consists of three multi-purpose rooms with large closet area and wall of windows. Outside, enjoy the privacy and the sensations of changing seasons with chestnut trees, mature hydrangea bushes, tall bamboo grasses, and fenced-in pool with diving board. Centrally located in New Jersey between New York and Philadelphia with nearby community parks, restaurants, and market venues, 9 Park Place East is a lovely fit for all your needs and interests.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Additional Stairway, Built-Ins, Butlers Pantry, Crown Moldings, Formal/Separate Dining Room, Kitchen - Eat-In, Stain/Lead Glass, Stove - Wood, Wainscotting, Wood Floors
  • Foundation Details: Other
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Basement, Library, Foyer, Laundry, Mud Room, Bathroom 1, Bathroom 2, Full Bath
  • Basement: Yes
  • Basement Type: Partial, Poured Concrete
  • Total Sq Ft: 2674
  • Living Area Sq Ft: 2674
  • Price Per Sq Ft: 308.53
  • Above Grade Finished Sq Ft: 2674
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 9

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Pool Features: In Ground, Fenced
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

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

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

Schools

  • School District: CRANBURY TOWNSHIP PUBLIC SCHOOLS
  • Elementary School: CRANBURY
  • Middle School: CRANBURY
  • High School: PRINCETON H.S.
  • Elementary School Source: 3rd Party
  • High School Source: Listing Agent
  • Middle School Source: 3rd Party
  • School District Key: 300200396184
  • School District Source: 3rd Party
  • Elementary School: CRANBURY
  • High School: PRINCETON H.S.
  • Middle Or Junior School: CRANBURY

Lot Info

  • Horses: No
  • Lot Features: Corner, Front Yard, Level, Private, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.29
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12807.00
  • Year Assessed: 2023
  • Zoning: V/HR
  • Zoning Description: Village/Hamlet Residential

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 12223.00
  • Assessor Parcel Number: 02-00031-00005
  • Tax Lot: 00005
  • Tax Total Finished Sq Ft: 2674
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 05/01/2024

MLS Schools

  • School District Name: CRANBURY TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2023
Closed on
Apr 30, 2024
Sold by
Drago Anna
Bought by
Peplin Samuel J and Peplin Victoria J
Seller's Agent
Mary Brandt
EXP Realty, LLC
Buyer's Agent
Deanna Anderson
Coldwell Banker Residential Brokerage - Princeton
List Price
$875,000
Sold Price
$700,000
Premium/Discount to List
-$175,000
-20%
Views
604
Current Estimated Value
$851,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,156
Avg. Annual Appreciation
15.96%
Original Mortgage
$500,000
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2022
Sold by
Drago Anna
Bought by
Randall Suzanne Drago and Drago Matthew

Purchase Details

Closed on
Apr 17, 2010
Bought by
Drago Anna P

Purchase Details

Closed on
Apr 13, 2009
Sold by
Drago Anna P
Bought by
Randall Suzanne Drago and Drago Matthew
Source: Public Records

Range of Values:

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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
Peplin Samuel J $700,000 Realsafe Title
Randall Suzanne Drago -- --
Drago Anna P $720,000 --
Randall Suzanne Drago $720,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peplin Samuel J $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold $700,000 -15.2% $262 / Sq Ft
03/20/2024 03/20/24 Pending -- -- --
02/13/2024 02/13/24 Price Changed $825,000 -5.7% $309 / Sq Ft
01/19/2024 01/19/24 For Sale $875,000 0.0% $327 / Sq Ft
01/05/2024 01/05/24 Pending -- -- --
12/07/2023 12/07/23 Price Changed $875,000 -2.2% $327 / Sq Ft
11/16/2023 11/16/23 Price Changed $895,000 -10.1% $335 / Sq Ft
09/14/2023 09/14/23 For Sale $995,000 -- $372 / 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 $12,400 $676,100 $199,200 $476,900
2024 $12,224 $676,100 $199,200 $476,900
2023 $12,224 $676,100 $199,200 $476,900
2022 $12,048 $676,100 $199,200 $476,900
2021 $9,056 $676,100 $199,200 $476,900
2020 $12,035 $676,100 $199,200 $476,900
2019 $12,163 $676,100 $199,200 $476,900
2018 $13,312 $676,100 $199,200 $476,900
2017 $12,961 $676,100 $199,200 $476,900
2016 $12,387 $640,800 $199,200 $441,600
2015 $12,162 $640,800 $199,200 $441,600
2014 $12,207 $640,800 $199,200 $441,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJMX2005486

Bright MLS

APN: 02-00031-0000-00005