NOT LISTED FOR SALE

102 Cleveland Ave Trenton, NJ 08609

Wilbur Neighborhood

Estimated Value: $324,000 - $645,000

-- Bed
-- Bath
3,593 Sq Ft
$123/Sq Ft Est. Value

Last Sold October 11, 2018

Last sale price $135,000 $38 Per Sq Ft

Est. 227% increase in value since last sale

Current estimated payment $3,064/month

140 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Heating System Uses Gas

About This Home

As of October 2018

Rare 4 unit investment property in its natural habitat - Trenton. Property is fully occupied with long term tenants. One tenant has been there close to 25 years! All units have 2 bedrooms, 1 bathroom. Owner gets additional rent from a detached garage. Tenants pay all utilities (except a small common area electric bill), including gas, electric, and water. Plenty of room to increase rents.

Last Agent to Sell the Property

Seth Davidson

Better Homes and Gardens Real Estate Maturo Listed on: 04/16/2018

Last Buyer's Agent

Syed Wasti

Coldwell Banker Residential Brokerage-Princeton Jct License #NJ-8734405

Coldwell Banker Residential Brokerage-Princeton Jct

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,046

Year Built

  • Built in 1925

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100

Home Design

  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 3,593 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 1 Parking Space
  • On-Street Parking

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $7,046

Listing and Financial Details

  • Tax Lot 00026 02
  • Assessor Parcel Number 11-27003-00026 02

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,046

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Remarks Public: Rare 4 unit investment property in its natural habitat - Trenton. Property is fully occupied with long term tenants. One tenant has been there close to 25 years! All units have 2 bedrooms, 1 bathroom. Owner gets additional rent from a detached garage. Tenants pay all utilities (except a small common area electric bill), including gas, electric, and water. Plenty of room to increase rents.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3593
  • Living Area Sq Ft: 3593
  • Price Per Sq Ft: 48.71
  • Above Grade Finished Sq Ft: 3593
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 102

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: TRENTON PUBLIC SCHOOLS
  • School District Key: 300200396606

Lot Info

  • Improvement Assessed Value: 135700.00
  • Land Assessed Value: 6500.00
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Zoning: MULTI

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 34500.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 2168700
  • Tax Annual Amount: 7046.00
  • Assessor Parcel Number: 11-27003-00026 02
  • Tax Lot: 00026 02
  • Tax Year: 2017
  • Close Date: 10/11/2018

MLS Schools

  • School District Name: TRENTON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2018
Closed on
Oct 10, 2018
Sold by
Downs Dnaiel M and Downs Rosemarie
Bought by
Khan Sajawal
Seller's Agent
Seth Davidson
Better Homes and Gardens Real Estate Maturo
Buyer's Agent
Syed Wasti
Coldwell Banker Residential Brokerage-Princeton Jct
List Price
$199,000
Sold Price
$135,000
Premium/Discount to List
-$64,000
-32.16%
Current Estimated Value
$441,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,369
Avg. Annual Appreciation
17.31%

Purchase Details

Closed on
May 22, 1986
Bought by
Downs Daniel M and Downs Rosemarie
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Khan Sajawal $135,000 Empire Title & Abstract Agen
Downs Daniel M -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2018 10/11/18 Sold $135,000 -22.9% $38 / Sq Ft
09/03/2018 09/03/18 Pending -- -- --
07/17/2018 07/17/18 Price Changed $175,000 -12.1% $49 / Sq Ft
04/16/2018 04/16/18 For Sale $199,000 -- $55 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,916 $142,200 $6,500 $135,700
2023 $7,916 $142,200 $6,500 $135,700
2022 $7,761 $142,200 $6,500 $135,700
2021 $7,896 $142,200 $6,500 $135,700
2020 $7,871 $142,200 $6,500 $135,700
2019 $7,744 $142,200 $6,500 $135,700
2018 $7,413 $142,200 $6,500 $135,700
2017 $7,046 $142,200 $6,500 $135,700
2016 $4,597 $79,900 $9,800 $70,100
2015 $4,581 $79,900 $9,800 $70,100
2014 $4,559 $79,900 $9,800 $70,100
Source: Public Records

Agents Affiliated with this Home

  • Seth Davidson

    Seller's Agent in 2018

    Seth Davidson

    Better Homes and Gardens Real Estate Maturo

    (908) 418-3517

    1 in this area

    88 Total Sales

    Section Image
  • Syed Wasti

    Buyer's Agent in 2018

    Syed Wasti

    Coldwell Banker Residential Brokerage-Princeton Jct

    (609) 462-1496

    21 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: 1000408226

Bright MLS

APN: 11-27003-0000-00026-02

New Jersey Mercer County Trenton 08609 Wilbur

102 Cleveland Ave, Trenton, NJ

This home is located at 102 Cleveland Ave, Trenton, NJ 08609 since 16 April 2018 and is currently estimated at $441,369, approximately $122 per square foot. This property was built in 1925. 102 Cleveland Ave is a home located in Mercer County with nearby schools including Grant Elementary School, Trenton Central High School - Main Campus, and Pace Charter School Of Hamilton.

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