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31 Chestnut Street
Princeton, NJ 08542
$1,749,000
Conventional
Property
Bedroom
3
Bathroom
Full: 2, ½: 2
Property Type
Conventional
Square ft
--
Property Description
Tucked on one of the coveted Tree Streets in Princeton, this Circa 1915 Colonial has been transformed to reflect a 2025 lifestyle. Ascent the front steps to a charming, wrap-around front Porch. A beautifully preserved staircase welcomes you to the bright Living Room with a 3 sided, gas fireplace. Beautiful, wide-plank, oak floors lead you to the Dining Room, Kitchen, Family Room and Powder Room. The Kitchen features Conestoga cabinets, newer appliances including SS refrigerator, SS dishwasher, 6 burner Wolf electric/gas stove, farmhouse sink, custom built natural stone island & 5 charming retro stools. The side entrance boasts a Mud Room with walnut cabinets and rolling, library ladder to access higher storage areas. The second floor features 3 Bedrooms, and a full Bath (with a claw foot tub) and a Linen Closet with barn door. The finished third floor boasts a large Bonus Room w/ vaulted ceiling, Powder Room, closet and additional storage in the eaves. A large sliding door invites you to the expansive IPE Deck and into the garden - which boasts fruit trees, colorful plantings, and a fenced area with charming arbor and raised planting beds . The adjacent electrified Shed will inspire your imagination - Yoga/Exercise Room? Play Room? Zoom Room? S(he) shed? You decide! Around the bend, on the blue stone Patio is a second Shed - built by Amish craftsmen - and is movable. The full Basement has an outside entrance, work benches, and a full Bath. Additional charming details include cedar closets, pocket doors, barn doors, crystal knobs & wide plank oak flooring Updated improvements include Mitsubishi hyper heat pump system newer Marvin double hung windows & patio slider, newer roof, upgraded 200 amp electric service, blue stone patio , fire pit and , for your convenience, an EV charger for your electric vehicle! This is your Princeton 'in-town destination - just a few blocks from schools, Nassau Street and the Princeton Public Library.
Property Information
Lot Size
0 acre(s) square ft
Property Type
Other-Other
Year Built
1915
MLS Number
--
Location
Address
31 CHESTNUT STREET
City
PRINCETON
State
NJ
Zip Code
08542
County
MERCER-TRENTON (NORTH)
Listing
Name
Phone
(609) 468-0501
Office Name
Office Phone
(609) 924-1600
Agent Name
Anne Nosnitsky
Agency Phone
(609) 924-1600

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.