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Mercer 08540
518 STATE RD
$1,050,000
● House - Off Market

518 STATE RD

PRINCETON, NJ 08540
bedrooms
4 Beds
bathrooms
4 Baths
$1,137,304
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

A tremendous amount of natural light fills this classically renovated home, where openly flowing, freshly painted spaces have a calm and luminous feel that surpasses expectations. Woodsy surroundings create a leafy backdrop for summer days spent out on the deck and lend privacy to the front formal rooms with big picture windows. Gorgeous renovated bathrooms, a renovated kitchen and hardwood floors, some of which are brand new and a perfect match to existing refinished areas, offer a move-right-in experience. A wet bar with wine fridge bridges the skylit, 2-story family room and the eat-in kitchen just redone in white Quartz, textured tile and stainless steel. Having a main level full bath opens up added possibilities for a study and a corner great room, which you might use as play space one day and guest quarters the next. This big bonus space adds so much valuable square footage, as does the finished, multi-room basement. With yet another full bath and glass doors to the outside, it's easy to envision a portion of the lower level as a second option for the ultimate work-from-home refuge. You will surely be impressed with the many main suite amenities: a gas fireplace,

balcony, double walk-ins and a gloriously sunlit shower of enormous proportions. A hall bath updated in marble serves 3 more bedrooms. The seconds-from-everything location will save you valuable time when doing everything from running errands to enjoying a night on the town! Top-ranked Princeton public schools are under 2 miles away and Princeton University is just a half-mile further. Some photos are virtually staged.
Unit Size
-
Days on Market
-
Land Size
1.48 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,797
HOA Dues
-
Year Built
1991

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Last updated: 4 years ago (Bright MLS #NJME2016606)

Price History

Date / Event Date Event Price
Aug 5, 2022 Sold
Sold
May 18, 2022 Listed by Callaway Henderson Sotheby's Int'l-Princeton $1,100,000
Listed by Callaway Henderson Sotheby's Int'l-Princeton
Jul 26, 2021 No longer available -
No longer available
Jun 25, 2021 Price Decreased $999,900
↓ $98K (8.9%)
Price Decreased
Apr 11, 2021 Listed by Keller Williams Cornerstone Realty $1,098,000
Listed by Keller Williams Cornerstone Realty
Enjoy privacy and tranquility in this one-of-a-kind upgraded house situated amidst trees on a 1.48-acre lot. Complete with high ceilings and a grand 2-story foyer, this light-filled house includes 4 spacious bedrooms and 4 full bathrooms. The master bedroom features a gas fireplace and walk-out balcony, while the ensuite bath showcases a luxurious walk-in rain shower. Prized by Feng Shui experts for its positive flow of energy, this versatile home boasts multiple spaces for remote working and entertaining both indoors and outdoors - including a large recreation room, home office with tasteful built-ins, and wide deck leading to a sheltered back yard. The expansive gourmet kitchen is complete with upgraded appliances, granite countertops, and a gas cooktop that vents outside. Off to the side of the kitchen are the wet bar and a 1st-floor full bath. The bright walk-out basement adds an additional 1700+ fully finished square footage to the house with additional play space and is perfect for a second home office. It has 2 additional rooms with closets, a full bath, and open areas to entertain or play. Conveniently located minutes from downtown Princeton, this house is zoned within the blue-ribbon Princeton public school system and only 1 mile away from Princeton Charter School. It is also only 3 miles away from the NJ transit Princeton train station for easy access to NYC and Philadelphia. Property selling as-is. The manager has listed the unit size as 5367 square feet.
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Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 64,469
  • Total Building Area: 3,667
  • Building Area: 3,667
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,667
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001480
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: TAX MAP 25
  • Account Number: 00003693
  • District: 14
  • Parcel: 14 02501-0000-00025
  • Block: 2501
  • Lot: 25
  • Municipality: PRINCETON
  • Latitude: 40.3803
  • Longitude: -74.6633

    Address

  • Full Address: 518 State Rd
  • Address - House Number: 518
  • Address - Street Name: State
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Princeton
  • Carrier Code: C010
  • 4-Digit Zip Code: 1410
  • Zip Code: 08540

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,149,645

    Appraisal Valuation

  • Standard Deviation: 0.1106
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 88
  • Final Value: 1,006,085
  • High Value: 1,117,363
  • Low Value: 894,806

    Market Valuation

  • Market Total Value: $883,900
  • Market Land Value: $299,900
  • Market Improvement Value: $584,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $883,900
  • Assessed Land Value: $299,900
  • Assessed Improvements Value: $584,000

    Sales

  • Current Sale Contract Date: Jul 28, 2022
  • Current Sale Recording Date: Sep 29, 2022
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 45327
  • Previous Sale Recording Date: Apr 25, 2008
  • Previous Sale Contract Date: Apr 25, 2008
  • Previous Sale Amount: $1,900
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Mercer


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Frequently Asked Questions

When was property at 518 State Road built and last sold?
The property at 518 State Road was built in 1991 and last sold on Jul 28, 2022 for $1,050,000.
How much is this home worth?
The estimated value of the home located at 518 State Road is $0.
What are some comparable homes to 518 State Road?
There are currently no comparable homes to 518 State Road.