9 months on rocket

41 Drakes Corner Rd, Princeton, NJ, 08540

$950,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
House

Location

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41 Drakes Corner Rd, Princeton$950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1954
HeatingForced Air
CoolingCentral Air
MLS #NJME2040236
StatusActive
(ACTIVE)

About 41 Drakes Corner Rd

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1954
  • Stories: 1

Listing Office:

  • Office Name: Callaway Henderson Sotheby's Int'l-Princeton
  • Office Phone: (609) 921-1050
  • Listing Agent: Judson R. Henderson

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Driveway

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Great Road to Drakes Corner Road

Municipality:

  • Princeton

Price Information

Listing Price Info

Price Summary:

  • List Price: $950,000
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Housing Market Comparison

See how this home compares to others in Princeton, NJ.

Med. Sold Price

$851.5K

Med. Price/SqFt

$379

Avg. Days On Market

37

# of Sold Homes

39

41 Drakes Corner Rd vs Princeton

274 DAYS ON ROCKET

+237 Days

$950,000

+$98.4K More

KEY TAKEAWAY

This property is $98.4K more than the Median Sold Price in Princeton, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #NJME2040236

Listing Office:

  • Office Name: Callaway Henderson Sotheby's Int'l-Princeton
  • Office Phone: (609) 921-1050
  • Listing Agent: Judson R. Henderson

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/3/2024, 1:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 20, 2007Home Sold
$1,100,000

Tax History

YEARPROP. TAXASSESSMENT
2020 - $970,200
2019 - $970,200
2018 - $970,200
2017 - $970,200

History based on county public records data.

Payment Calculator

$4,809

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,915

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3509135
6
/10
  • Johnson Park Elementary School

  • 285 Rosedale Rd

  • 1.92 miles

  • Public District Grades PK-5

school-card-donut-3509136
6
/10
  • Community Park Elementary School

  • 372 Witherspoon St

  • 2.09 miles

  • Public District Grades PK-5

school-card-donut-3509137
8
/10
  • Village Elementary School

  • 100 Main Blvd

  • 2.95 miles

  • Public District Grades 3-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $254,694. Residents of Princeton, NJ typically earn $200k+ each year. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Princeton, NJ

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Princeton, NJ.

Princeton's housing market is characterized by a blend of historic charm and modern luxury, with a significant presence of colonial and Victorian-style homes. The area also offers contemporary condominiums and townhouses, providing options for a range of preferences and lifestyles. Single-family homes are prevalent, reflecting the town's suburban appeal.

What is it like to live in Princeton, NJ?

Princeton is celebrated for its rich academic and cultural heritage, largely influenced by the prestigious Princeton University. The community prides itself on a vibrant arts scene, with numerous galleries, theaters, and public lectures. Annual events like the Princeton Festival showcase the town's commitment to cultural enrichment and community engagement.

Is it easy to get around Princeton, NJ without a car?

The town is served by a robust educational system, including several public and private schools that cater to various educational needs, from elementary to high school levels. Princeton is home to top-rated healthcare facilities, with a focus on research and specialized care. The public library system is extensive, supporting lifelong learning. Retail and dining establishments reflect the town's cosmopolitan yet quaint character.

Transportation in Princeton, NJ.

Princeton's transportation infrastructure supports both private and public transit options, with a network of local and regional buses facilitating connectivity. The town is bike-friendly, with dedicated lanes and trails. Major roads and highways are easily accessible, making commuting to nearby cities convenient. Public transportation schedules are designed to accommodate the needs of residents and students alike.

Frequently Asked Questions About 41 Drakes Corner Rd

What is the listing price of this property?

The listing price of 41 Drakes Corner Rd property is $950,000.

What type of property is this?

The property 41 Drakes Corner Rd is a house located in Princeton, New Jersey, 08540.

Is this property for sale now?

Active Listing: 41 Drakes Corner Rd is For Sale (Active/New) which means the seller is accepting offers.

When was this property sold last time and for how much?

The last sale was on June 20, 2007 for $1,100,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 41 Drakes Corner Rd has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The sq. ft. of 41 Drakes Corner Rd is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 41 Drakes Corner Rd is 1954.

Rocket HomesNew JerseyMercer CountyPrinceton0854041 Drakes Corner Rd

This home is located at 41 Drakes Corner Rd in Princeton, NJ and zip code 08540. This home was built in 1954. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 04, 2024 and is currently priced at $950,000.

While more than 22 listings in Princeton, NJ in November 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 13 were sold below. Between October 2024 and November 2024, Princeton, NJ real estate market has seen decrease in the number of listings by 13.3%. Listings spent 37 days on the market in November 2024, and had a median list price of $851,599 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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