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Off market
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  • $928,300

    1 Teak Ln, Princeton, NJ 08540

    4beds
    3baths
    3,044sqft
    SingleFamily
    Built in 1982
    1.33 Acres Lot
    $928,300 Zestimate®
    $305/sqft
    $6,741 Estimated rent

    Home value

    $928,300

    $873,000 - $984,000

    $6,741/mo

    Zestimate® history
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    $6,564/mo

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    $6,564/mo

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    What's special

    This is Opportunity knocking!! Sturdy and solid this 2 Story Colonial sits handsomely on 1.33 acres of ground in a park-like setting in the popular Foxcroft neighborhood. The rear yard is fenced and has a heated in ground pool with new vinyl liner and a covered patio for great back yard entertaining during warm weather months. What about the Opportunity, you ask? The owner is only partially finished renewing this home and has just gotten TRANSFERRED!! Has to leave by the end of June! Many large ticket items have been addressed but the pandemic slowed down the process with the planned interior improvements. Definitely worth you taking a long look if you have a flair for decorating and making the most of over 3000sq ft of living space. The main floor features an amazing entry foyer with curved stairs to the 2nd floor, perfect for those extra special events when descending the stairs in a lovely formal gown makes you feel like royalty! Off the foyer is a formal living room, formal dining room, a den or main floor office - perfect for working from home, or head directly into the kitchen. From the kitchen you will find your way into the family room, powder room, laundry room and access to the side entry garage. The eat-in kitchen features granite counters with ss sink, electric glass top range with double oven, dishwasher, and ss refrigerator and has ample closet and pantry space . The kitchen is open to the eating area with glass doors to the covered rear patio...convenient for those summer barbeques...poolside!! The main floor half bath and laundry room are located off the hallway leading to the family room with wood-burning fireplace that is so efficient it could heat the entire first floor and more!! Glass doors in the family room allow for lots of sunlight to fill the room and you can drink morning coffee on the rear deck just through the glass doors while you do a little bird watching, or through the glass doors while you sit on your family room sofa. And don't forget the inviting in-ground heated swimming pool with new liner and the over-sized paver patio you have to enjoy that surrounds the pool where you can soak up the sun without the sandy beaches at the shore! There are four bedrooms on the 2nd floor including a freshly painted Master bedroom plus 3 other freshly painted bedrooms all with hardwood floors. The MBD offers a cozy sitting area, en suite bathroom with tile shower with full glass doors, and closet space in that includes a full wall closet with mirrored doors as well as a walk-in closet. The main hall ceramic tile bathroom has double sinks, and a tub with shower. The full finished basement is just begging to be an entertainment room, or rec room, or media room... or all three in the same finished basement!! The heat is gas- forced air with central air, a gas water heater and 200 amp electric service . The property has on- site septic and well water with newer water treatment equipment. There is an older detached 3-bay garage that will be conveyed in its as is condition and could be converted to a cabana or man cave or you own personal workout bldg. This home has a lot of living space for an active buyer willing to put some sweat equity into beautifying this home and making your home's value grow!! So bring your energy and your ideas, and turn this house back into the stunning home it has been in the past! People will call you a smart buyer!! Convenient to I-295 and major highways , trains to NY and South Jersey, and shopping of all kinds in Princeton... all from this serene and picturesque location just minutes to everywhere. NOTE: This is an AS IS sale and the Buyer will be responsible for all inspections and repairs required by the lender, or appraisal, or home inspection and/or the township including the CCO . Seller will do no repairs. MORE PHOTOS COMING! 2022-05-13

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Heating
    • Gas
    Cooling
    • Central
    Features
    • Kitchen - Eat-In
    • Flooring: Tile, Other, Carpet, Hardwood
    Interior area
    • Total interior livable area: 3,044 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached, Garage - Detached
    Features
    • Exterior features: Other
    Lot
    • Size: 1.33 Acres
    Details
    • Parcel number: 0706701000000037

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1982

    Community & neighborhood

    Location
    • Region: Princeton

    Other

    Other facts
    • Heating YN: Y
    • Cooling YN: Y
    • Property Type: Residential
    • Sub System Locale: BRIGHT_MAIN
    • Parking Features: Garage, 3+ Car Parking, Off Street
    • Bathrooms Half: 1
    • Ownership Interest: Fee Simple
    • Bathrooms Full: 2
    • Original MLS Name: TREND
    • Construction Materials: Other
    • Interior Features: Kitchen - Eat-In
    • Tax Lot: 00037
    • Original MLS Number: 7043391
    • Tax Annual Amount: 16171.0

    Price history

    DateEventPrice
    7/28/2022Sold$677,500-2.5%$223/sqft
    Source: Bright MLS #NJME2016908 Report a problem
    7/19/2022Pending sale$695,000$228/sqft
    Source: Bright MLS #NJME2016908 Report a problem
    6/12/2022Contingent$695,000$228/sqft
    Source: Bright MLS #NJME2016908 Report a problem
    5/18/2022Listed for sale$695,000$228/sqft
    Source: Bright MLS #NJME2016908 Report a problem
    5/16/2022Listing removed--
    Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS Report a problem
    5/13/2022Listed for sale$695,000+54.8%$228/sqft
    Source: Bright MLS #NJME2016492 Report a problem
    12/18/2017Sold$449,000$148/sqft
    Source: Berkshire Hathaway HomeServices Fox & Roach #1000265579_08540 Report a problem
    11/4/2017Listed for sale$449,000$148/sqft
    Source: Bhhs Fox & Roach-Princeton #1000265579 Report a problem
    11/4/2017Pending sale$449,000$148/sqft
    Source: Bhhs Fox & Roach-Princeton #1000265579 Report a problem
    11/2/2017Listed for sale$449,000$148/sqft
    Source: BHHS Fox & Roach-Princeton #7043391 Report a problem
    11/2/2017Pending sale$449,000$148/sqft
    Source: BHHS Fox & Roach-Princeton #7043391 Report a problem
    10/16/2017Price change$449,000-10%$148/sqft
    Source: BHHS Fox & Roach-Princeton #7043391 Report a problem
    9/14/2017Price change$499,000-9.1%$164/sqft
    Source: BHHS Fox & Roach-Princeton #7043391 Report a problem
    8/27/2017Listed for sale$549,000+46.6%$180/sqft
    Source: BHHS Fox & Roach-Princeton #7043391 Report a problem
    6/8/2017Sold$374,500-30.6%$123/sqft
    Source: Public Record Report a problem
    2/4/2017Listed for sale--
    Source: Auction.com Report a problem
    11/24/2015Listing removed$540,000$177/sqft
    Source: RE/MAX IN TOWN #6351866 Report a problem
    10/28/2015Price change$540,000+2.9%$177/sqft
    Source: RE/MAX IN TOWN #6351866 Report a problem
    6/11/2015Price change$525,000-3.7%$172/sqft
    Source: RE/MAX IN TOWN #6351866 Report a problem
    3/22/2015Price change$545,000-0.7%$179/sqft
    Source: RE/MAX IN TOWN #6351866 Report a problem
    3/19/2015Listed for sale$549,000-4.5%$180/sqft
    Source: RE/MAX IN TOWN #6351866 Report a problem
    1/11/2015Listing removed$575,000$189/sqft
    Source: RE/MAX IN TOWN #6351866 Report a problem
    12/31/2014Price change$575,000-4%$189/sqft
    Source: RE/MAX IN TOWN #6351866 Report a problem
    5/17/2014Price change$599,000-4.2%$197/sqft
    Source: RE/MAX IN TOWN #6351866 Report a problem
    3/15/2014Listed for sale$625,000$205/sqft
    Source: RE/MAX IN TOWN #6351866 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$16,729 $540,000
    2024$16,729 +3.9%$540,000
    2023$16,097 +1.3%$540,000
    2022$15,892 -7%$540,000
    2021$17,090 +1.3%$540,000 -8.3%
    2020$16,872 +2.3%$588,900
    2019$16,489 +0.5%$588,900
    2018$16,413 +1.5%$588,900
    2017$16,171 +2.8%$588,900
    2016$15,724 +1.9%$588,900
    2015$15,429 -5.2%$588,900
    2014$16,271 +4.2%$588,900 +69.3%
    2013$15,617 +4.6%$347,900
    2012$14,932 -12.1%$347,900
    2011$16,980 +4.3%$347,900 -13%
    2010$16,280 +1.6%$400,100
    2009$16,024 +5.4%$400,100
    2008$15,204 +4.1%$400,100
    2007$14,604 $400,100
    2006-- $400,100
    2005-- $400,100
    2004$11,963 $400,100
    2003-- $400,100
    2002-- $400,100
    2001-- $400,100

    Find assessor info on the county website

    Neighborhood: 08540

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: LAWRENCE M.S.
    • High: Lawrence H.S.
    • District: Lawrence Township

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $928,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $928,300