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Backup Offers

559 Drakes Corner Rd, Princeton, NJ, 08540

$1,395,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
House

Location

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559 Drakes Corner Rd, Princeton$1,395,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingGarage Door Opener, Garage - Front Entry, Attached Garage, Driveway
Garage1 space
Year Built1967
HeatingCentral
CoolingCentral Air
MLS #NJME2045554
Lot Size2.03 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 559 Drakes Corner Rd

Tucked away in a leafy paradise surrounded by preserved land, this Mid-Century modern gem promises peace and privacy for generations. Step inside, and you'll be wowed by the sparkling wood floors that catch every ray of sunshine streaming through the floor-to-ceiling windows and doors. The gardens are lush and green, and nearly every room opens out to these botanical beauties, making nature your constant companion. The living and great rooms spill out onto a deck with built-in seating. The open kitchen is a dream with its central island and stainless appliances and is adjoined by a big, sunny sunroom that's perfect year-round. One of the three spacious bedrooms sits next to a powder room and a closet, just waiting to be turned into a full bathroom if you desire. The other two bedrooms each have a full bath of their own, perfect for keeping the peace in the mornings. Step outside to find your own secret garden hidden within a fenced courtyard, an ideal spot for a quiet escape. With fresh hardscaping and landscaping all around, grounds are easy on the eyes and easy to maintain. A true Princeton oasis!

Property Details

Property Features

Property Information:

  • Architectural Style: Mid-Century Modern
  • Year Built: 1967
  • Stories: 1

Listing Office:

  • Office Name: Callaway Henderson Sotheby's Int'l-Princeton
  • Office Phone: (609) 921-1050
  • Listing Agent: Susan L DiMeglio

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Parking: Garage Door Opener, Garage - Front Entry, Attached Garage, Driveway

Virtual/3D Tour

  • 3D Tour: 559 Drakes Corner Rd
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Lot Features

Lot Information:

  • Lot Size: 2.03 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Great Road to Drakes Corner Road

Municipality:

  • Princeton

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,395,000

Tax Information:

  • Annual Amount: $25,077
  • Tax Year: 2020
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Housing Market Comparison

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

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Princeton, NJ

City

Med. Sold Price

$851.1K

Med. Price/SqFt

$377

Avg. Days On Market

29

# of Sold Homes

45

559 Drakes Corner Rd vs Princeton

106 DAYS ON ROCKET

+77 Days

$1,395,000

+$543.8K More

KEY TAKEAWAY

This property is $543.8K 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: #NJME2045554

Listing Office:

  • Office Name: Callaway Henderson Sotheby's Int'l-Princeton
  • Office Phone: (609) 921-1050
  • Listing Agent: Susan L DiMeglio

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: 11/21/2024, 8:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 12, 2007Home Sold
$850,000

Tax History

YEARPROP. TAXASSESSMENT
2020$25,077$1,057,200
2019$24,653$1,057,200
2018$24,654$1,057,200
2017$24,316$1,057,200

History based on county public records data.

Payment Calculator

$7,030

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,249

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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-227942
6
/10

  • Johnson Park Elementary School

  • 285 Rosedale Rd

  • 2.27 miles

  • Public District Grades PK-5

school-card-donut-227943
7
/10

  • Hopewell Elementary School

  • 35 Princeton Ave

  • 2.43 miles

  • Public District Grades PK-5

school-card-donut-227944
6
/10

  • Community Park Elementary School

  • 372 Witherspoon St

  • 2.95 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $254,694. Most Princeton, NJ residents have annual incomes $200k+. The most common type of family is married, no kids. The majority of 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 559 Drakes Corner Rd

What is the listing price of this property?

The listing price of 559 Drakes Corner Rd property is $1,395,000.

What type of property is this?

The property 559 Drakes Corner Rd is a house located in Princeton, New Jersey, 08540.

Is this property for sale now?

Accepting Backup Offers: 559 Drakes Corner Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $25,077 (source: MLS/based on county public records data).

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

The last sale was on September 12, 2007 for $850,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 559 Drakes Corner Rd has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The sq. ft. of 559 Drakes Corner Rd is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 559 Drakes Corner Rd is 1967.

Rocket Homes›New Jersey›Mercer County›Princeton›08540›559 Drakes Corner Rd

This home is located at 559 Drakes Corner Rd in Princeton, NJ and zip code 08540. This home, which was built in 1967, sits on a 2.03 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 06, 2024 and is currently priced at $1,395,000.

In October 2024 more than 28 listings in Princeton, NJ were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 13 were sold below. The inventory of homes for sale in Princeton, NJ between September 2024 and October 2024 increased by 4.8%. In October 2024, listings were on the market for 29 days. During the same period, the median list price in this real estate market was $851,199.

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

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