NOT LISTED FOR SALE

992 Mercer Rd Princeton, NJ 08540

Estimated Value: $1,139,951 - $1,789,000

5 Beds
2.5 Baths
-- Sq Ft
2.6 Acres

Last Sold July 25, 2013

Last sale price $804,878

Est. 84% increase in value since last sale

Current estimated payment $9,436/month

Highlights

  • 2.6 Acre Lot
  • Colonial Architecture
  • Wood Flooring
  • Johnson Park School Rated A+
  • Deck
  • 1 Fireplace

About This Home

As of July 2013

Discover this spacious colonial surrounded by green acres and privacy. A lovely foyer introduces a fabulous back to front living room boasting a large dining room facing the rural landscape. The eat in kitchen, and great family room with cozy wood burning stove are just the beginning. There are 5 bedrooms and 2.5 full baths,a two car attached garage and full basement. Additionally, this home boasts a rental apartment with one bedroom, full bath plus a great room. A rare opportunity in Princeton! Two properties owned by the same family offered for sale. A third lot, land locked by these two,is also available. These homes can be purchased individually or as a package. A ranch, currently rented, (See MLS#6198342) is the perfect companion to this property and a great opportunity to combine acreage for a minor sub division. The land locked parcel plus the two homes create an 8 acre package! For information regarding 3-way purchase call LA.

Last Agent to Sell the Property

Ingela Kostenbader

(609) 902-5302 ingela@princetonhome.com Queenston Realty, LLC License #344850 Listed on: 04/05/2013

Co-Listed By

Susan Gordon

(609) 529-6044 susagord@aol.com Coldwell Banker Residential Brokerage - Princeton

Last Buyer's Agent

Charan Bajwa

(609) 681-2381 cbajwa@onerealestatenj.com RE/MAX One License #0338666

RE/MAX One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,836

Year Built

  • Built in 1968

Lot Details

  • 2.6 Acre Lot
  • Property is in good condition
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces

Home Design

  • Colonial Architecture
  • Wood Siding

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Eat-In Kitchen

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Deck
  • Patio

Schools

  • Johnson Park Elementary School
  • J Witherspoon Middle School
  • Princeton High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00009
  • Assessor Parcel Number 14-10102-00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,836

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Dr Chandelier
  • New Construction: No
  • Year Built: 1968
  • Remarks Public: Discover this spacious colonial surrounded by green acres and privacy. A lovely foyer introduces a fabulous back to front living room boasting a large dining room facing the rural landscape. The eat in kitchen, and great family room with cozy wood burning stove are just the beginning. There are 5 bedrooms and 2.5 full baths,a two car attached garage and full basement. Additionally, this home boasts a rental apartment with one bedroom, full bath plus a great room. A rare opportunity in Princeton! Two properties owned by the same family offered for sale. A third lot, land locked by these two,is also available. These homes can be purchased individually or as a package. A ranch, currently rented, (See MLS#6198342) is the perfect companion to this property and a great opportunity to combine acreage for a minor sub division. The land locked parcel plus the two homes create an 8 acre package! For information regarding 3-way purchase call LA.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood, Fully Carpeted
  • Interior Amenities: Primary Bath(s), Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement
  • Street Number Modifier: 992

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Construction Materials: Wood Siding
  • Construction Completed: No
  • 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
  • Open Parking Spaces Count: 3
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: PRINCETON REGIONAL SCHOOLS
  • Elementary School: JOHNSON PARK
  • Middle School: J WITHERSPOON
  • High School: PRINCETON
  • School District Key: 300200396175
  • Elementary School: JOHNSON PARK
  • High School: PRINCETON
  • Middle Or Junior School: J WITHERSPOON

Lot Info

  • Improvement Assessed Value: 300000.00
  • Land Assessed Value: 523300.00
  • Lot Size Acres: 2.60
  • Lot Dimensions: 2.6
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 113256.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Good
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2146457
  • Tax Annual Amount: 16836.00
  • Assessor Parcel Number: 14-10102-00009
  • Tax Lot: 00009
  • Tax Year: 2012
  • Close Date: 07/25/2013

MLS Schools

  • School District Name: PRINCETON REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2013
Closed on
Jul 16, 2013
Sold by
Geoffrey Russell J and Debaun Katharine H
Bought by
Bajwa Gurpreet and Bajwa Charan
Seller's Agent
Ingela Kostenbader
Queenston Realty, LLC
Buyer's Agent
Charan Bajwa
RE/MAX One
List Price
$825,000
Sold Price
$804,878
Premium/Discount to List
-$20,122
-2.44%
Current Estimated Value
$1,484,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$679,360
Avg. Annual Appreciation
5.15%
Original Mortgage
$482,400
Outstanding Balance
$346,285
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,137,953
Source: Public Records

Range of Values:

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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
Bajwa Gurpreet $804,878 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bajwa Gurpreet $482,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2013 07/25/13 Sold $804,878 -2.4% --
05/19/2013 05/19/13 Pending -- -- --
04/05/2013 04/05/13 For Sale $825,000 -- --
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 $18,798 $705,900 $405,900 $300,000
2024 $19,441 $705,900 $405,900 $300,000
2023 $19,441 $773,300 $473,300 $300,000
2022 $18,807 $773,300 $473,300 $300,000
2021 $18,861 $773,300 $473,300 $300,000
2020 $18,714 $773,300 $473,300 $300,000
2019 $18,343 $773,300 $473,300 $300,000
2018 $18,033 $773,300 $473,300 $300,000
2017 $17,786 $773,300 $473,300 $300,000
2016 $17,508 $773,300 $473,300 $300,000
2015 $17,105 $773,300 $473,300 $300,000
2014 $16,897 $773,300 $473,300 $300,000
Source: Public Records

Agents Affiliated with this Home

  • Ingela Kostenbader

    Seller's Agent in 2013

    Ingela Kostenbader

    Queenston Realty, LLC

    (609) 902-5302

    214 in this area

    279 Total Sales

    Ingela Kostenbader
    Section Image

  • S

    Seller Co-Listing Agent in 2013

    Susan Gordon

    Coldwell Banker Residential Brokerage - Princeton

    (609) 529-6044

    1 Total Sale

    Susan Gordon
    Section Image
  • Charan Bajwa

    Buyer's Agent in 2013

    Charan Bajwa

    RE/MAX

    (609) 681-2381

    1 in this area

    41 Total Sales

    Charan Bajwa
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003399250

Bright MLS

APN: 14-10102-0000-00009

New Jersey Mercer County Princeton 08540

992 Mercer Rd, Princeton, NJ

This home is located at 992 Mercer Rd, Princeton, NJ 08540 since 05 April 2013 and is currently estimated at $1,484,238. This property was built in 1968. 992 Mercer Rd is a home located in Mercer County with nearby schools including Johnson Park School, Princeton Middle School, and Princeton High School.

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