41 DRAKES CORNER ROAD, PRINCETON, NJ 08540 | MLS #NJME2040236 | Berkshire Hathaway HomeServices Fox & Roach
 
Listing provided courtesy of Callaway Henderson Sotheby's Int'l-Princeton - MLS# NJME2040236MLS Provider

41 DRAKES CORNER ROADPRINCETON, NJ 08540

Single Family · 4 Beds · 3 Full Baths

$999,000 ACTIVE

Overview

Time on Site:
41 days
Visits:
3

On picturesque land with a detached studio, this enchanting mid-century modern A-frame boasts four bedrooms, three full baths, a dining room, living room, and family room. Large glass windows in the public rooms of this 1954 architectural gem frame the stunning scenery - a harmonious blend of expansive open yard and majestic, towering trees. While the house and detached studio offer immense potential, both are in need of repair, and the property is being sold strictly 'as-is' with the value mostly in the land. However, with the right touch, this could become an extraordinary home, blending vintage design with modern conveniences. Currently serviced by a septic system, there's the potential for sewer line access across the Great Rd, albeit requiring an easement, which the seller is willing to consider (at the buyer's sole expense). Situated a mere 3.3 miles from Nassau Street and in close proximity to some of the area's finest schools, this location offers both convenience and serenity. If you're ready to embark on a journey of renovation and expansion in a truly remarkable setting, schedule your appointment today. Don't miss out on the opportunity to make this property your own and enjoy life in Princeton.

View Map
08402

Facts & Features

  • Type Single Family

General

Association/HOA
  • Association: No
  • Condo/Coop Association: No
School Information
  • Elementary School: JOHNSON PARK
  • Middle Or Junior School: J WITHERSPOON
  • High School: PRINCETON
Listing Information
  • Dual Variable Compensation: No
  • Real Estate Owned: No
  • Short Sale: No
  • Transaction Broker Compensation: 2.5
  • Transaction Broker Compensation Type: % Of Gross
Building Information
  • New Construction: No
  • Pool: No Pool
  • Total SQFT: 0
  • Year Built: 1954
Location/Region
  • Country: US
  • County: MERCER
  • County Or Parish: MERCER
  • MLS Area Major: Princeton (21114)
  • Subdivision Name: NONE AVAILABLE
Parking Information
  • Type of Parking: Driveway
Tax Information
  • City/Town Tax Payment Frequency: Annually
  • County Tax Payment Frequency: Annually
  • Tax Annual Amount: $0.00
  • Tax Year: 2022
General Information
  • Exclusions: TBD
  • Inclusions: TBD
  • Property Type: Residential
  • School District Name: PRINCETON REGIONAL SCHOOLS
  • Senior Community: No
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2022
  • Zoning: RA

Interior

Building Information
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
Parking Information
  • Garage: No
Beds/Baths
  • Bathrooms Full: 3
  • Bathrooms Full Main Level: 3
  • Bathrooms Total: 3
  • Bedrooms Total: 4
Building Exterior/Construction
  • Structure Type: Detached
Building Interior
  • Above Grade Finished Area: 0
  • Above Grade Finished Area Source: Estimated
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area: 0
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Central Air: Yes
  • Hot Water: Natural Gas
General Information
  • Accessibility Features: None
  • Basement: No
  • Cooling: Central A/C
  • Fireplace: No
  • Foundation Details: Concrete Perimeter, Slab
  • Levels: 1.5
  • Living Area: 0
  • Living Area Source: Estimated
  • Main Level Bathrooms: 3.00
  • Main Level Bedrooms: 4
Room Information
  • Room List: Living Room,Dining Room,Primary Bedroom,Kitchen,Family Room,Bedroom 1,Office

Exterior

Lot Information
  • Lot Dimensions Source: Assessor
  • Lot Size Source: Estimated
  • Lot Size Units: Square Feet
  • Water Source: Well
Waterfront/View
  • Water Oriented: No
  • Water View: No
  • Waterfront: No
Building Exterior/Construction
  • Architectural Style: Contemporary
  • Construction Materials: Stucco, Wood Siding
General Information
  • Other Structures: Above Grade,Below Grade
  • Sewer: Septic Exists
  • Water Access: No

Room Information

Room: Bedroom 1
  • Level: Main
  • Lengthe: 13
  • Width: 11
Room: Bedroom 1
  • Level: Main
  • Lengthe: 13
  • Width: 11
Room: Bedroom 1
  • Level: Main
  • Lengthe: 13
  • Width: 10
Room: Dining Room
  • Level: Main
  • Lengthe: 13
  • Width: 18
Room: Family Room
  • Level: Main
  • Lengthe: 20
  • Width: 24
Room: Kitchen
  • Level: Main
  • Lengthe: 13
  • Width: 10
Room: Living Room
  • Level: Main
  • Lengthe: 20
  • Width: 25
Room: Office
  • Level: Main
  • Lengthe: 13
  • Width: 12
Room: Primary Bedroom
  • Level: Main
  • Lengthe: 13
  • Width: 18

Neighborhood

Community

08540 (PRINCETON) Demographics
38
Median Age
979
Population Density (per sq. mile)
85%
College Educated
$154,859
Estimated Median Income
11,795
Estimated Total Home Owners
6,348
Estimated Total Renters
65% / 35%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Monthly Cost

$
$ %
%
$
$
* Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Market Data

Based on the last 30 days in this zip code

$1,282,529
Median Sales Price
$573
Median Price per Square Foot
165
Properties Sold
68
New on Market
62
Average Days on Market
160
Properties for Sale
Calculations provided by Reliance Network

History

Date Event Value Agent
3/21/2024Source: BRIGHT MLS Status Change
ACTIVE
3/3/2024Source: BRIGHT MLS Added to Database
March 03, 2024