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42 Truman Avenue

42 Truman Avenue, Princeton, NJ 08540
Property in Somerset
42 Truman Avenue has been categorized by the local assessors in Princeton, NJ as a residential type of property. The building on the property was first built in 2003 and is 21 years old. In addition, 42 Truman Avenue has 2,118 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 2,744 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 42 Truman Avenue sold most recently in Aug 7, 2015 for a total of $485,000. If you work out the math, that's approximately a cost of $228.99 per sqft. Before that, the property was also sold for $365,716 in Jun 30, 2003. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $12,408 in taxes each year. 42 Truman Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $362,500. If we break it down further, the land itself was valued at $193,500. Improvements to the property, however, were assessed at a total of $169,000. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20150416
04/16/2015
3 Bed
3 Bath
-
$480,000
bedrooms
3 Bed
bathrooms
3 Bath
$485,000 +1.04%
08/18/2015
Wendy Neusner
Callaway Henderson Sotheby's Int'l Realty-Skillman

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,744
  • Total Building Area: 2,118
  • Building Area: 2,118
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,118
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.063
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LU JIAJUN
  • Current Owner 2: LU EMILY YAN
  • Previous Owner : SMITH MICHELE L
  • Owner Before Previous Owner: TOWN HOMES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery Township School District
  • Census Tract: 054201

Zoning

  • Zoning: APT

Geography

  • Assessors Map Reference: TAX MAP 5601
  • Account Number: 00003049
  • District: 13
  • Parcel: 13 37002-0000-00005- 145
  • Block: 37002
  • Lot: 5.145
  • Municipality: MONTGOMERY TWP
  • Latitude: 40.391
  • Longitude: -74.6417

    Address

  • Full Address: 42 Truman Ave
  • Address - House Number: 42
  • Address - Street Name: Truman
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Princeton
  • Carrier Code: C038
  • 4-Digit Zip Code: 1699
  • Zip Code: 08540

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,408

    Appraisal Valuation

  • Standard Deviation: 0.1538
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 81
  • Final Value: 690,907
  • High Value: 797,201
  • Low Value: 584,613

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • First Open Lien Mortgage Recording Date: Aug 18, 2015
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2045

    Market Valuation

  • Market Total Value: $500,829
  • Market Land Value: $267,339
  • Market Improvement Value: $233,490

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $362,500
  • Assessed Land Value: $193,500
  • Assessed Improvements Value: $169,000

    Sales

  • Current Sale Contract Date: Aug 07, 2015
  • Current Sale Recording Date: Aug 18, 2015
  • Current Sale Transaction ID: 1346852880
  • Current Sale Price: $485,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2015034415
  • Previous Sale Recording Date: Jul 07, 2003
  • Previous Sale Contract Date: Jun 30, 2003
  • Previous Sale Amount: $365,716
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • First Mortgage Transaction Date: Aug 18, 2015
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2045

About Somerset



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 42 Truman Avenue located in?
The 42 Truman Avenue is a located in the neighborhood of Somerset in Somerset, Princeton.
What is the average sales price for listings in 42 Truman Avenue?
The average sales price for units in 42 Truman Avenue is $480,000 currently.

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