NOT LISTED FOR SALE

984 Mercer Rd Princeton, NJ 08540

Estimated Value: $1,350,000 - $1,717,000

4 Beds
5 Baths
-- Sq Ft
1.75 Acres

Last Sold October 13, 2020

Last sale price $960,000

Est. 55% increase in value since last sale

Current estimated payment $9,723/month

Highlights

  • 1.75 Acre Lot
  • Home fronts a canal
  • Wood Flooring
  • Johnson Park School Rated A+
  • Colonial Architecture
  • No HOA

About This Home

As of October 2020

In collaboration with Max Hayden, the former architect owner of this Princeton colonial created a venue for elegant entertaining and functional day-to-day living. The original home was expanded and infused with personality through custom millwork, antique brick and a dynamic floor plan with sunken spaces that feel open, yet enveloping. Both the living and family rooms open to a blue stone slate patio featuring a fire pit and areas for hosting gatherings large and small. The eat-in kitchen is the handsome hub of the home with honed granite, double sinks, double pantries with Sub-Zero and Wolf appliances. French doors offer quietude to an adjoining office with library built-ins. While a formal dining featuring one of two fireplaces has been split to offer more functional space, it can easily be re-joined and is still spacious enough for holiday feasts. Oak flooring extends upstairs into a bedroom suite, two bedrooms with a shared bath and the ethereal master suite with cathedral ceiling and five windows looking out over the rear of the beautifully planted property. A travertine spa bath with seamless glass shower and a trio of closets complete the master package. Spilling out onto almost two acres bounded by Stony Brook in the rear, and flanked by four of Princeton's finest magnolias, the home has easy access to both Princeton's town center by bike or foot and big box stores by car or delivery. The home is wired for backup generator use in case of an emergency. Back yard is partly fenced too.

Last Agent to Sell the Property

Jennifer Curtis

(609) 610-0809 jcurtis@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #898424 Listed on: 05/22/2020

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Beatrice Bloom

(609) 577-2989 beatricebloom@gmail.com Weichert Realtors - Princeton

Weichert Realtors - Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,988

Year Built

  • Built in 1951

Lot Details

  • 1.75 Acre Lot
  • Home fronts a canal
  • Property is zoned R1

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • Property has 2 Levels
  • Fireplace
  • Wood Flooring
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Princeton East Subdivision

Listing and Financial Details

  • Tax Lot 00010
  • Assessor Parcel Number 14-10102-00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,988

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Some lights
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-05-22
  • Federal Flood Zone: No
  • Year Built: 1951
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: In collaboration with Max Hayden, the former architect owner of this Princeton colonial created a venue for elegant entertaining and functional day-to-day living. The original home was expanded and infused with personality through custom millwork, antique brick and a dynamic floor plan with sunken spaces that feel open, yet enveloping. Both the living and family rooms open to a blue stone slate patio featuring a fire pit and areas for hosting gatherings large and small. The eat-in kitchen is the handsome hub of the home with honed granite, double sinks, double pantries with Sub-Zero and Wolf appliances. French doors offer quietude to an adjoining office with library built-ins. While a formal dining featuring one of two fireplaces has been split to offer more functional space, it can easily be re-joined and is still spacious enough for holiday feasts. Oak flooring extends upstairs into a bedroom suite, two bedrooms with a shared bath and the ethereal master suite with cathedral ceiling and five windows looking out over the rear of the beautifully planted property. A travertine spa bath with seamless glass shower and a trio of closets complete the master package. Spilling out onto almost two acres bounded by Stony Brook in the rear, and flanked by four of Princeton's finest magnolias, the home has easy access to both Princeton's town center by bike or foot and big box stores by car or delivery. The home is wired for backup generator use in case of an emergency. Back yard is partly fenced too.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 984

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

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

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: 482600.00
  • Land Assessed Value: 444400.00
  • Lot Size Acres: 1.75
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 76230.00
  • Year Assessed: 2019
  • Zoning: R1

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 2146458
  • Tax Annual Amount: 21988.00
  • Assessor Parcel Number: 14-10102-00010
  • Tax Lot: 00010
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 10/13/2020

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Oct 1, 2020
Sold by
Leighton Kenneth A and Leighton Diana D
Bought by
Harewood Laomi
Seller's Agent
Jennifer Curtis
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Beatrice Bloom
Weichert Realtors - Princeton
List Price
$1,160,000
Sold Price
$960,000
Premium/Discount to List
-$200,000
-17.24%
Current Estimated Value
$1,488,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$528,352
Avg. Annual Appreciation
9.17%
Original Mortgage
$510,000
Outstanding Balance
$452,791
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,035,561

Purchase Details

Listed on
Oct 7, 2013
Closed on
May 30, 2014
Sold by
Westerman Peter and Westerman Maureen
Bought by
Leighton Kenneth A and Leighton Diana D
Seller's Agent
Kimberly Rizk
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Christina Phillips
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$1,150,000
Sold Price
$1,110,000
Premium/Discount to List
-$40,000
-3.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.25%
Original Mortgage
$1,125,000
Interest Rate
4.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2007
Sold by
Jones Joshua
Bought by
Andrews Frank

Purchase Details

Closed on
Nov 22, 2004
Sold by
Russell Geoffrey
Bought by
Jones Joshua and Jones Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.74%

Purchase Details

Closed on
Feb 27, 2004
Sold by
Kawalek Linda
Bought by
Russell Geoffrey and Debaun Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,900
Interest Rate
5.58%
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
Harewood Laomi $960,000 State Title Services Llc
Leighton Kenneth A $1,110,000 First American Title
Andrews Frank $325,000 --
Jones Joshua $640,000 --
Russell Geoffrey $540,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harewood Laomi $510,000
Previous Owner Leighton Kenneth A $1,125,000
Previous Owner Jones Joshua $500,000
Previous Owner Russell Geoffrey $333,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/13/2020 10/13/20 Sold $960,000 -6.8% --
08/16/2020 08/16/20 Pending -- -- --
08/10/2020 08/10/20 Price Changed $1,030,000 -4.2% --
07/27/2020 07/27/20 Price Changed $1,075,000 -1.8% --
06/18/2020 06/18/20 Price Changed $1,095,000 -1.4% --
06/04/2020 06/04/20 Price Changed $1,110,000 -4.3% --
05/22/2020 05/22/20 For Sale $1,160,000 +4.5% --
06/01/2014 06/01/14 Sold $1,110,000 -3.5% -- View Prior Sale
04/18/2014 04/18/14 Pending -- -- --
10/07/2013 10/07/13 For Sale $1,150,000 -- --
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 $21,986 $825,600 $371,300 $454,300
2024 $22,593 $825,600 $371,300 $454,300
2023 $22,593 $898,700 $444,400 $454,300
2022 $21,919 $898,700 $444,400 $454,300
2021 $21,919 $898,700 $444,400 $454,300
2020 $22,433 $927,000 $444,400 $482,600
2019 $21,988 $927,000 $444,400 $482,600
2018 $21,850 $927,000 $444,400 $482,600
2017 $20,987 $927,000 $444,400 $482,600
2016 $20,987 $927,000 $444,400 $482,600
2015 $20,505 $927,000 $444,400 $482,600
2014 $20,255 $927,000 $444,400 $482,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME295484

Bright MLS

APN: 14-10102-0000-00010