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7 Cleveland Road

7 Cleveland Road, Princeton, NJ 08540
Property in Mercer
Sold Aug 11, 2020
$460,000
$368,000 by Univest Bank & Trust Co
Mortgage Due Jul 01, 2050
Sold Nov 14, 2012
$375,000
$337,500 by Jpmorgan Chase Bank Na
Mortgage Due Dec 01, 2027
Local assessors in Princeton, NJ have categorized 7 Cleveland Road as a residential type of property. The home was built in 1960 and is 64 years old. The property's lot size has been calculated to be 60,113 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7 Cleveland Road has a total of 1,344 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. 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, 7 Cleveland Road was last sold in Jul 29, 2020 for $460,000. According to our calculations, that's $342.26 per sqft. Prior to that sales transaction, the property was sold for $375,000 in Nov 6, 2012. Current property owners are expected to pay $11,855 in taxes per year. The property on 7 Cleveland Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $396,100. To break that down further, the land itself was valued at $304,000. While improvements to the property were assessed at a total of $92,100. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 60,113
  • Total Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,344
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.38
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : STEVENS SCOTT
  • Previous Owner : MARTINEZ FELIX
  • Previous Owner 2: CASTANEDA ELENA
  • Owner Before Previous Owner: EDGE LEWIS A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hopewell Valley Regional School District
  • Census Tract: 003905

Zoning

  • Zoning: R150

Geography

  • Assessors Map Reference: TAX MAP 17
  • District: 06
  • Parcel: 06 00039-0000-00049
  • Block: 39
  • Lot: 49
  • Municipality: HOPEWELL TWP
  • Latitude: 40.3538
  • Longitude: -74.7326

    Address

  • Full Address: 7 Cleveland Rd W
  • Address - House Number: 7
  • Street Segment Direction: W
  • Address - Street Name: Cleveland
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Princeton
  • Carrier Code: R002
  • 4-Digit Zip Code: 7420
  • Zip Code: 08540

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,855

    Appraisal Valuation

  • Standard Deviation: 0.1769
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 77
  • Final Value: 596,697
  • High Value: 702,305
  • Low Value: 491,089

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $443,000
  • First Open Lien Mortgage Lender: UNIVEST BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Aug 11, 2020
  • First Open Lien Mortgage Loan Amount: $368,000
  • 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: Jul 01, 2050
  • Second Open Lien Mortgage Lender: UNIVEST BANK AND TRUST CO
  • Second Open Lien Mortgage Recording Date: May 10, 2022
  • Second Open Lien Mortgage Loan Amount: $75,000
  • Second Open Lien Mortgage Term: 298
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Apr 23, 2047

    Market Valuation

  • Market Total Value: $396,100
  • Market Land Value: $304,000
  • Market Improvement Value: $92,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $396,100
  • Assessed Land Value: $304,000
  • Assessed Improvements Value: $92,100

    Sales

  • Current Sale Contract Date: Jul 29, 2020
  • Current Sale Recording Date: Aug 11, 2020
  • Current Sale Transaction ID: 11780510669
  • Current Sale Price: $460,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020033681
  • Previous Sale Recording Date: Nov 14, 2012
  • Previous Sale Contract Date: Nov 06, 2012
  • Previous Sale Amount: $375,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNIVEST BANK & TRUST CO
  • First Mortgage Transaction Date: Aug 11, 2020
  • First Mortgage Loan Amount: $368,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Nov 14, 2012
  • Previous Mortgage Loan Amount: $337,500
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2027

About Mercer



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Frequently Asked Questions

What neighborhood is 7 Cleveland Road located in?
The 7 Cleveland Road is a located in the neighborhood of Mercer in Mercer, Princeton.
What is the average sales price for listings in 7 Cleveland Road?
The average sales price for units in 7 Cleveland Road is $0 currently.

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