1040 Mercer Road

Closed 8/20/21

(upstairs) Alternative Owners' Suite and 5th Bed

Front Elevation of the left side of house

Sold

Last Sold Price

$857,500

6 beds4 baths

1040 Mercer Rd, Princeton, NJ 08540

Single FamilyProperty Type

2.02 acresLot Size

1968Year Built

10 carsParking Spaces

Description

With so much space, both inside and out, this special Princeton property is not only a fantastic value, but also an opportunity to make outdoor living part of your every day. The house, just painted a fresh sky blue and topped with a new roof, sits on more than 2 acres, but the property feels endless thanks to preserved land stretching out beyond the fenced yard. Enjoy the view from your choice of relaid stone patios or from the shelter of the sunroom. Inside, the living room with a raised hearth...With so much space, both inside and out, this special Princeton property is not only a fantastic value, but also an opportunity to make outdoor living part of your every day. The house, just painted a fresh sky blue and topped with a new roof, sits on more than 2 acres, but the property feels endless thanks to preserved land stretching out beyond the fenced yard. Enjoy the view from your choice of relaid stone patios or from the shelter of the sunroom. Inside, the living room with a raised hearth fireplace is the heart of the home. Hardwood floors extend into the dining room. Tailor the kitchen to suit your needs by removing a wall - or not. You may even choose to reimagine the upper level floor plan. One thing is certain - with a ready-for-finishing bonus room and 6 current bedrooms, including a main level master with a brand new bathroom, there s space for everyone! A second staircase off the attached garage even offers an au pair or in-laws extra privacy. All this seclusion within the Princeton school district and a quick drive from I-95.

Listed by: Kimberly Rizk 609.921.1050 krizk@callawayhenderson.com • Callaway Henderson Sotheby's Int'l-Princeton
Listed by: Eleanor Deardorff 609.921.1050 edeardorff@callawayhenderson.com • Callaway Henderson Sotheby's Int'l-Princeton

Listing closed: 08/20/2021 12:00 AM • Source: BRIGHT, MLS#: NJME289468

Recent comparable sales

Median sold price

$1,100,000

Avg days on market

Sale-to-list ratio

111.0%

1/35

$723,000

Sold 11/12/24

5
Bedrooms: 4
Bathrooms: Unavailable
Square Feet: 1.32
Acres

3486 Lawrenceville Road, Princeton, NJ 08540

an aerial view of a house with garden space and street view

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Bedrooms: 4
Bathrooms: 4,807
Square Feet: 3.97
Acres

42 Carter Road, Princeton, NJ 08540

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Bedrooms: 4
Bathrooms: Unavailable
Square Feet: 1.84
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Bedrooms: 4
Bathrooms: Unavailable
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an aerial view of a house with a yard and trees

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Bedrooms: 4
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Bedrooms: 4
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12 Oak Place, Princeton, NJ 08540

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Bedrooms: 3
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Bedrooms: 4
Bathrooms: Unavailable
Square Feet: 0.30
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3 Evelyn Place, Princeton, NJ 08540

a front view of a house with a yard and garage

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Bedrooms: 4
Bathrooms: Unavailable
Square Feet: 0.53
Acres

76 Battle Road, Princeton, NJ 08540

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Location

Listing Courtesy of Callaway Henderson Sotheby's Int'l-Princeton

Sold By Key Realty NJ

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30 year fixed, 7.03% Interest

Principal and Interest

$4,578

Property Taxes

$1,642

HOA Dues

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Property Information for 1040 Mercer Road

Property Details

Taxes: $19,706 / year
MLS Type: Residential / Fee Simple
County: Mercer County
Tax ID Number: 14-10102-00005
Ownership: Fee Simple
Condo Coop Association: No
HOA: No
Structure Type: Detached
Style: Colonial
Levels/Stories: 2
Waterfront: No
Views: Scenic Vista, Other
Garage: Yes
Subdivision: NONE AVAILABLE
Subdivision: NONE AVAILABLE (MERCER NJ)
Municipality: PRINCETON
Total Parking Spaces: 10
Central Air: Yes
Basement: Yes
Above Grade Finished SQFT: .00
Above Grade Fin SQFT Source: Estimated
Below Grade Finished SQFT: .00
Below Grade Fin SQFT Source: Assessor
Below Grade Unfinished SQFT: .00
Below Grade Unfin SQFT Source: Assessor
Total Below Grade SQFT: .00
Total Below Grade SQFT Source: Assessor
New Construction: No
Property Condition: Very Good

Building Information

Stories: 2
Year Built: 1968
Lot Size: 2.02 AC / 87,904 SF

Location

School District Name: PRINCETON REGIONAL SCHOOLS
School District County ID: 300200396175

SchoolDistrictSource: Listing Agent
Elementary School: JOHNSON PARK (MERCER NJ)
ElementarySchoolSource: Listing Agent
Middle Or Junior School: JOHN WITHERSPOON M.S. (MERCER NJ)
MiddleSchoolSource: Listing Agent
High School: PHS (MERCER NJ)
HighSchoolSource: Listing Agent
County: MERCER
MLS Area: Princeton (21114)

Waterfront / Water Access

Water View: No
Water Access: No

Water Oriented: No
Navigable Water: No
Tidal Water: No
Riparian Rights Y/N: No

Association / Community Info

Senior Community: No

Taxes and Assessment

Tax Year: 2020
Tax Assessed Value: $814,300

Year Assessed: 2020
Improvement Assessed Value: $355,900
Land Assessed Value: $458,400
Clean Green Assessed: No
Land Use Code: 0
Historic: No
Zoning: R1
Tax Lot: 00005
Automatically Update Tax Values Y/N: Yes
TaxDataUpdatedYN: No

Lease Information

Concessions: No

Rooms

Main

# Bedrooms Count Main Level: 3
# Bathrooms Count Main Level: 3

# Bathrooms Full Main Level: 2
# Bathrooms Half Main Level: 1

All Upper Levels

# Bedrooms Count All Upper Levels: 3
# Bathrooms Count All Upper Levels: 1

# Bathrooms Full All Upper Levels: 1

Upper Level 1

# Bedrooms Count Upper Level: 3
# Bathrooms Count Upper Level: 1

# Bathrooms Full Upper Level: 1

Rooms

Stories: Main, Upper 1

Building Info

Total Finished SQFT: .00
Total Finished SQFT Source: Estimated

Total SQFT: .00
Total SQFT Source: Estimated
Construction Materials: Frame
Roof: Asphalt
Ext Main Mid-res: http://bright-media02.prd.brightmls.com/bright/images/0000/3043/0083/4957/304300834957_512_384_WM_O5hxa8FmOv_cl5lJ.jpg
Flooring Type: Hardwood
Basement Type: Partial
Room and Floor: Bedrooms-Main Level-1, Bedrooms-Main Level-2, Bedrooms-Main Level-3, Bathrooms Full-Main Level-1, Bathrooms Full-Main Level-2, Bathrooms Half-Main Level-1, Bedrooms-Upper Level 1-1, Bedrooms-Upper Level 1-2, Bedrooms-Upper Level 1-3, Bathrooms Full-Upper Level 1-1
# Bathrooms Full: 3
# Bathrooms Half: 1
Other Structure: Above Grade, Below Grade

Lot / Land Information

Lot Size Source: Assessor
Lot Size Dimensions: 0.00 x 0.00

Fencing: Split Rail
Parcel ID: 2146453

Parking

Type Of Parking: Attached Garage, Driveway
Num of Attached Garage Spaces: 2

Driveway - # of Spaces: 8
Total Garage Spaces: 2
Garage Features: Garage - Front Entry

Interior Features

Fireplace: Yes
Fireplaces Count: 1

Fireplace Features: Wood
Accessibility Features: None
Laundry Type: Main Floor
Virtual Tour URL Unbranded: https://www.wellcomemat.com/mls/k1m3cacebb518ngr

Exterior Features

Pool: No Pool

Utilities

Utilities: Cable TV Available, Phone Connected
Heating: Yes

Cooling Type: Central A/C
Cooling Fuel: Electric
Heating Type: Baseboard - Electric, Solar - Active
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Water Source: Public
Sewer Septic: Public Sewer

Property History for 1040 Mercer Road

Date	Event & Source	Price	Appreciation
Aug 20, 2021	Closed BRIGHT #NJME289468	$857,500	—
Aug 13, 2021	Closed (Public Record) Public Record #1472995121	$857,500	—
Mar 11, 2021	Pending BRIGHT #NJME289468		—
Feb 1, 2021	Active Under Contract BRIGHT #NJME289468		—
Dec 6, 2020	Price Change BRIGHT #NJME289468	$875,000	—
Sep 30, 2020	Price Change BRIGHT #NJME289468	$895,000	—
Sep 9, 2020	Listed (Active) BRIGHT #NJME289468	$920,000	—

Date	Event & Source	Price
08/20/2021	Closed BRIGHT #NJME289468	$857,500
08/13/2021	Closed (Public Record) Public Record #1472995121	$857,500
03/11/2021	Pending BRIGHT #NJME289468	—
02/01/2021	Active Under Contract BRIGHT #NJME289468	—
12/06/2020	Price Change BRIGHT #NJME289468	$875,000
09/30/2020	Price Change BRIGHT #NJME289468	$895,000
09/09/2020	Listed (Active) BRIGHT #NJME289468	$920,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1040 Mercer Road

Taxable ValueLand$383,400Additions$326,300Total$709,700

Tax Record2025$19,396 ($1,616 / month)

Home Facts

Beds0Total Finished SqFt4,320 SqFtAbove Grade Finished SqFt4,320 SqFtStories1Lot Size87,904 SqFtStyleSingle Family ResidenceYear Built1968Year Renovated1968ZoningR1CountyMERCERAPN14-10102-0000-00005

Schools near 1040 Mercer Road

This home is within Princeton Public School District.


Rating	School	Type	Grades	Distance
8/10	Johnson Park School	Public - Serves this home	PK to 5	2.4 mi
9/10	Princeton Middle School	Public - Serves this home	6 to 8	3.6 mi
8/10	Princeton High School	Public - Serves this home	9 to 12	3.5 mi
NR	Chapin School	Private - Nearby school	PK to 8	0.3 mi


Rating	School	Distance
8/10	Johnson Park School PublicPK to 5 Serves this home	2.4 mi
9/10	Princeton Middle School Public6 to 8 Serves this home	3.6 mi
8/10	Princeton High School Public9 to 12 Serves this home	3.5 mi
NR	Chapin School PrivatePK to 8 Nearby school	0.3 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 1040 Mercer Road, Princeton, NJ 08540	$857,500	6	4	–	87,904
1028 Mercer Road, Princeton, NJ 08540	$704,000	4	3	–	69,696
1016 Mercer Road, Princeton, NJ 08540	$902,000	6	4	4,100	65,340
1021 Mercer Road, Princeton, NJ 08540	$770,000	4	4	3,177	59,677
8 Dorchester Court, Princeton, NJ 08540	$1,260,000	–	–	3,606	66,777
4220 Princeton Pike, Princeton, NJ 08540	–	–	–	–	–
6 Dorchester Court, Princeton, NJ 08540	–	–	–	4,362	60,679
4200 Princeton Pike, Lawrence Township, NJ 08540	$1,219,060	–	–	648	–
1015 Mercer Road, Princeton, NJ 08540	$575,000	4	3	2,948	51,401
5 Dorchester Court, Princeton, NJ 08540	–	–	–	5,715	67,300
24 Gallup Road, Princeton, NJ 08540	–	–	–	2,146	45,302
4130 Princeton Pike, Lawrence Township, NJ 08540	$420,000	–	–	1,676	112,820
1003 Mercer Road, Princeton, NJ 08540	$410,000	3	3	–	45,302
4 Dorchester Court, Princeton, NJ 08540	$640,000	5	4	4,538	67,953
992 Mercer Road, Princeton, NJ 08540	$804,878	5	3	–	113,256
3 Dorchester Court, Princeton, NJ 08540	–	–	–	3,613	61,289

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Listing Courtesy of Callaway Henderson Sotheby's Int'l-Princeton

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Princeton, NJ

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