See Home Value
Mercer 08540
1 COVENTRY FARM LN
$810,000
House - Off Market

1 COVENTRY FARM LN

PRINCETON, NJ 08540
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1337 Sqft
$5,351
Estimated Monthly
$1,300
HOA / Fees
2.04%
Cap Rate

About This Property

Nestled on a picturesque 60+ acre vineyard in the northern section of Princeton, this charming cape-cod style cottage is a true gem among seven other properties that grace the grounds. Escape from the bustle of life with lush lawns, rolling hills and farmland offering breathtaking views that create an idyllic backdrop for those seeking a peaceful retreat. Just off the Great Road, (directly across from the Princeton Day School campus), your approach to Coventry Farm is a private, tree-lined lane that forms a unique neighborhood. The front lawns on this side of the lane are immaculate since there aren't any driveways, access is by a large circular drive leading to the rear of the property where a two-car garage and a covered back porch greets you.  A new roof over the main house was just installed and the recently painted interior of blue-gray walls complemented by white ceilings, trim and doors complete with classic hardwood floors, creates a sense of calm.  The first level offers an updated kitchen with a new Anderson window, stainless steel appliances, quartz counters and a breakfast counter for morning coffee. The sunny breakfast room has newly installed Anderson sliding glass doors offering views and easy access to the deck and backyard. The adjacent living room boasts a brand new gas burning fireplace insert for cozy winter evenings and a first floor den makes for a quiet space that could serve as an office with double entries. A full updated bathroom and a covered porch to the two car garage completes this level.  Upstairs two spacious bedrooms share a second updated full bathroom with a new Anderson window and each bedroom is unique with skylights, alcoves and plenty of closet space with new closet dividers. The lower level family room has been recently painted, along with new light fixtures and new carpeting, the large unfinished section was also recently painted and offers possible expansion of additional living space should one decide, a laundry area and a set of bilco doors accesses the backyard. A rear deck is perfect for outdoor entertaining and a few steps down leads to a flat half acre lot with plenty of room for lawn games and gardening. A walk down Coventry Farm Lane connects you to the trails at Mountain Lakes Preserve and a sidewalk along The Great Road leads you to the town of Princeton in less than two miles. This is an incredibly rare opportunity to acquire a delightful home in an enchanting setting for under a million dollars in Princeton. Home can not be knocked down for land and has some expansion possibilities.
Unit Size
1,337Ft²
Days on Market
5 days
Land Size
0.53 acres
Price per sqft
$617
Property Type
House
Property Taxes
$1,167
HOA Dues
$1,300
Year Built
1994
Last updated: 2 months ago (Bright MLS #NJME2036438)

Price History

Date / Event Date Event Price
Apr 3, 2024 Sold $810,000
Sold
Mar 4, 2024 In contract -
In contract
Jan 26, 2024 Relisted $799,900
Relisted
Jan 26, 2024 Price Increased $825,000
↑ $25K (3.1%)
Price Increased
Nov 18, 2023 In contract -
In contract
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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 23,043
  • Total Building Area: 1,218
  • Building Area: 1,218
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,218
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.529
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WINANT JOHN GILBERT
  • Current Owner 2: WINANT MARION EPPLEY
  • Previous Owner : JANINE WINANT CHARITABLE REMAINDER TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Princeton Public Schools
  • Census Tract: 004203

Zoning

  • Zoning: R104

Geography

  • Assessors Map Reference: TAX MAP 52
  • District: 14
  • Parcel: 14 05201-0000-00029- 13
  • Block: 5201
  • Lot: 29.13
  • Municipality: PRINCETON
  • Latitude: 40.3631
  • Longitude: -74.6868

    Address

  • Full Address: 1 Coventry Farm Ln
  • Address - House Number: 1
  • Address - Street Name: Coventry Farm
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Princeton
  • Carrier Code: C032
  • 4-Digit Zip Code: 2400
  • Zip Code: 08540

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,008

    Appraisal Valuation

  • Standard Deviation: 0.1088
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 89
  • Final Value: 821,350
  • High Value: 910,732
  • Low Value: 731,968

    Market Valuation

  • Market Total Value: $576,000
  • Market Land Value: $403,000
  • Market Improvement Value: $173,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $576,000
  • Assessed Land Value: $403,000
  • Assessed Improvements Value: $173,000

    Sales

  • Current Sale Contract Date: Aug 01, 2023
  • Current Sale Recording Date: Aug 09, 2023
  • Current Sale Transaction ID: 11910900118
  • Current Sale Price: $760,000
  • Current Sale Document Type: Executor's Deed
  • Current Sale Input Document Number: 27439



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$760,000 Sep 21, 2022
$760,000 Aug 8, 2023
$1,307/mo
Townhouse
3 Beds
3 Baths
-
$750,000 Apr 6, 2024
-
$536/mo
House
4 Beds
3 Baths
-
$895,000 Feb 9, 2024
-
-

About Mercer


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Frequently Asked Questions

When was property at 1 Coventry Farm Lane built and last sold?
The property at 1 Coventry Farm Lane was built in 1994 and last sold on Aug 1, 2023 for $760,000.
How much is this home worth?
The estimated value of the home located at 1 Coventry Farm Lane is $809,577.
What are some comparable homes to 1 Coventry Farm Lane?
Homes that are comparable to 1 Coventry Farm Lane include a house property at 114 Birch Avenue, 1 Coventry Farm Lane, 22 Mountain Avenue.

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