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40 Pine Street

40 Pine Street, Princeton, NJ 08542
Property in Mercer
Sold Dec 20, 2019
$600,000
$448,000 by Td Bank Na
Mortgage Due Jan 01, 2035
Sold Aug 09, 1994
$185,000
$130,000 by Cenlar Fed Sav Bk
Mortgage
Local assessors in Princeton, NJ have categorized 40 Pine Street as a residential type of property. The home was built in 1820 and is 204 years old. The property's lot size has been calculated to be 7,520 square feet. The linear feet between the front and back of the lot was measured at 1,880 ft and the front of the lot was measured at 400 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 40 Pine Street has a total of 1,436 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 40 Pine Street was last sold in Dec 17, 2019 for $600,000. According to our calculations, that's $417.83 per sqft. Prior to that sales transaction, the property was sold for $185,000 in Jul 1, 1994. Current property owners are expected to pay $15,166 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2016. The property on 40 Pine Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $623,600. To break that down further, the land itself was valued at $518,000. While improvements to the property were assessed at a total of $105,600. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Building Style

Colonial
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1820
  • Effective Year Built: 1820
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,520
  • Lot Size Depth Feet: 1,880
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,436
  • Building Area: 1,436
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,436
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.173
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SOKOL ALEXANDER
  • Current Owner 2: SOKOL ELENA
  • Previous Owner : WESTERGAARD ELIZABETH
  • Previous Owner 2: BARBARA WESTERGAARD LIVING TRU
  • Owner Before Previous Owner: MILLER BERNARD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Princeton Public Schools
  • Census Tract: 004000

Zoning

  • Zoning: R4

Geography

  • Assessors Map Reference: TAX MAP 30
  • District: 14
  • Parcel: 14 00030- 02-00071
  • Block: 30.02
  • Lot: 71
  • Municipality: PRINCETON
  • Latitude: 40.3535
  • Longitude: -74.6516

    Address

  • Full Address: 40 Pine St
  • Address - House Number: 40
  • Address - Street Name: Pine
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Princeton
  • Carrier Code: C008
  • 4-Digit Zip Code: 3810
  • Zip Code: 08542

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,166
  • Intital Tax Deliquent Year: 2016

    Appraisal Valuation

  • Standard Deviation: 0.2273
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 68
  • Final Value: 826,005
  • High Value: 1,013,785
  • Low Value: 638,225

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $448,000
  • First Open Lien Mortgage Lender: TD BANK NA
  • First Open Lien Mortgage Recording Date: Dec 20, 2019
  • First Open Lien Mortgage Loan Amount: $448,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2035

    Market Valuation

  • Market Total Value: $623,600
  • Market Land Value: $518,000
  • Market Improvement Value: $105,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $623,600
  • Assessed Land Value: $518,000
  • Assessed Improvements Value: $105,600

    Sales

  • Current Sale Contract Date: Dec 17, 2019
  • Current Sale Recording Date: Dec 20, 2019
  • Current Sale Transaction ID: 11711567258
  • Current Sale Price: $600,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2019055001
  • Previous Sale Recording Date: Aug 09, 1994
  • Previous Sale Contract Date: Jul 01, 1994
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TD BANK NA
  • First Mortgage Transaction Date: Dec 20, 2019
  • First Mortgage Loan Amount: $448,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: CENLAR FED SAV BK
  • Previous Mortgage Transaction Date: Aug 09, 1994
  • Previous Mortgage Loan Amount: $130,000
  • Previous Mortgage Term: 360

About Princeton



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Frequently Asked Questions

What neighborhood is 40 Pine Street located in?
The 40 Pine Street is a located in the neighborhood of Mercer in Princeton, Princeton.
What is the average sales price for listings in 40 Pine Street?
The average sales price for units in 40 Pine Street is $0 currently.

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