$460,000
SOLD JAN 29, 2025
-- Bed
-- Bath
3,962 Sq Ft
1,590 Sq Ft Lot

Recently Sold

$116 Per Sq Ft

2% Below List Price

19 Days on Market

About This Home

As of January 2025

4-Unit Mixed-Use Property
This property features 2 three-bedroom apartments and 2 commercial spaces. One commercial unit is currently vacant. All residential units and the occupied commercial space are on month-to-month leases, as their original leases have expired. All utilities are separate, except for water. Both buildings include full basements and a large backyard. The owner prefers to sell both buildings together.
Current rents are:
Apartments: $950 and $975 per month
Rented commercial space: $1,000 per month
The property is being sold as-is, and buyers are responsible for obtaining the Certificate of Occupancy (C.O.). Conveniently located near major roads and shopping centers.

Last Agent to Sell the Property

Senol Onal

RE/MAX Properties - Newtown License #0340112 Listed on: 08/16/2024

RE/MAX Properties - Newtown

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,722

Year Built

  • Built in 1950

Lot Details

  • 1,590 Sq Ft Lot
  • Lot Dimensions are 14.60 x 109.00

Home Design

  • 3,962 Sq Ft Home
  • Quadruplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Concrete Perimeter Foundation

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 00009
  • Assessor Parcel Number 11-19002-00009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,722

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Remarks Public: 4-Unit Mixed-Use Property This property features 2 three-bedroom apartments and 2 commercial spaces. One commercial unit is currently vacant. All residential units and the occupied commercial space are on month-to-month leases, as their original leases have expired. All utilities are separate, except for water. Both buildings include full basements and a large backyard. The owner prefers to sell both buildings together. Current rents are: Apartments: $950 and $975 per month Rented commercial space: $1,000 per month The property is being sold as-is, and buyers are responsible for obtaining the Certificate of Occupancy (C.O.). Conveniently located near major roads and shopping centers.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Total Sq Ft: 3962
  • Living Area Sq Ft: 3962
  • Price Per Sq Ft: 118.63
  • Above Grade Finished Sq Ft: 3962
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1032-1034

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

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

Schools

  • School District: TRENTON PUBLIC SCHOOLS
  • School District Key: 300200396606
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 14.60 x 109.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1590.00
  • Year Assessed: 2023
  • Zoning: MIX USE

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5722.00
  • Assessor Parcel Number: 11-19002-00009
  • Tax Lot: 00009
  • Tax Total Finished Sq Ft: 2144
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 01/29/2025

MLS Schools

  • School District Name: TRENTON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2024
Closed on
Jan 29, 2025
Sold by
1032 South Broad Street Llc
Bought by
1032 & 1034 South Broad Llc
Seller's Agent
Senol Onal
RE/MAX Properties - Newtown
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$470,000
Sold Price
$460,000
Premium/Discount to List
-$10,000
-2.13%
Views
8
Current Estimated Value
$463,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,686
Original Mortgage
$172,519
Interest Rate
6.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2018
Sold by
Peker Erol
Bought by
1032 South Broad Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
4.38%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 23, 2018
Sold by
Peker Erol
Bought by
1032 South Broad Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
4.38%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 18, 2014
Sold by
1026 S Broad Associates Lp
Bought by
Parker Erol

Purchase Details

Closed on
May 2, 1995
Sold by
Dec Mary Blechl
Bought by
1026 S Broad Asso L P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
8.36%
Mortgage Type
Commercial
Source: Public Records

Similar Homes in Trenton, NJ

  • 210 Norway Ave, Trenton, NJ 08609

    $350,000

    • Studio
    • 1,712 Sq Ft
    • 210 Norway Ave
    • Trenton, NJ

    A GREAT FIND! A 2 unit multi family income producing property. The first level (APT 1) is a 2 bedroom/1 bathroom apartment with an eat-in sized kitchen, access to the basement and backyard. On the second and third levels (APT 2) there is a 3 or 4 bedroom /1 bathroom move-in ready unit. Please make your appointment today so that you do not miss out on an opportunity to own this asset.

    Paul Hummel Action USA Jay Robert Realtors

    Section Image
  • 152 Prospect St, Trenton, NJ 08618

    $499,900

    • Studio
    • 4,436 Sq Ft
    • 152 Prospect St
    • Trenton, NJ

    **Investment Opportunity – Mixed-Use 6-Unit Brick Building in Trenton**Welcome to **152 Prospect Street**, a solid brick three-story mixed-use building built in 1950, located in the heart of Trenton, NJ. This versatile property offers **six total units** including:* **One storefront** formerly operated as a restaurant/takeout* **One office unit*** **Four residential

    Carleton Badger EXP Realty, LLC

    Section Image
  • 984 S Broad St, Trenton, NJ 08611

    $399,000

    • Studio
    • 3,086 Sq Ft
    • 984 S Broad St
    • Trenton, NJ

    This spacious brick building offers over 3,000 square feet of versatile space and excellent investment potential. Originally constructed in 1950, it was expanded with a substantial addition in 1970. The property also includes two off-street parking spaces for added convenience.The main level features three offices, a reception area, and a half bath. It was previously occupied by a long-term

    Joseph Baylis Weichert Realtors-Princeton Junction

    Section Image
  • 1081 S Clinton Ave, Trenton, NJ 08611

    $500,000

    • Studio
    • 3,501 Sq Ft
    • 1081 S Clinton Ave
    • Trenton, NJ

    Great Opportunity to own this mixed use property. 3 apartments and a storefront with huge storage room in rear that could possibly bring in additional rent, it has it's on access. Fully occupied. Rents: $1,600/month for storefront $ 900/month for 2 bedroom $ 850/month for two 1 bedroom units

    Patrick McShane BHHS Fox & Roach - Robbinsville

    Section Image
  • 1016 Chestnut Ave, Trenton, NJ 08611

    $350,000

    • Studio
    • 1,464 Sq Ft
    • 1016 Chestnut Ave
    • Trenton, NJ

    Welcome to this beautifully updated multi-family home, perfect for investors or extended families! This property features a finished basement with a full bathroom and a wet bar, providing the ideal setup for a third living unit or entertainment space. The recently updated interiors boast modern finishes, ensuring a comfortable and stylish living environment. Enjoy the convenience of a prime

    Sarah Watson Keller Williams Premier

    Section Image
  • 1291 S Broad St, Trenton, NJ 08610

    $340,000

    • Studio
    • 1,958 Sq Ft
    • 1291 S Broad St
    • Trenton, NJ

    Prime investment opportunity in the heart of Trenton. This mixed-use property offers a commercial space that is vacant ready for you to renovate or turn the commercial unit into whatever business you please or fully rent out! Live in one unit as well as run your business is another possibility. This investment is sure to provide you steady rental income. You’ll also find a spacious residential 2

    Jasmin Elalfy NJ Elite Group, LLC

    Section Image
  • 122 Butler St, Trenton, NJ 08611

    $350,000

    • Studio
    • 3,312 Sq Ft
    • 122 Butler St
    • Trenton, NJ

    Prime Investment or Live/Work Opportunity in Trenton!Welcome to 122 Butler St, a versatile mixed‐use gem brimming with potential. The street‐level commercial space—ideal for retail, office, or food service—boasts high visibility and strong foot traffic. Tucked behind the storefront is a spacious residential unit, perfect for owner-occupancy or rental income. A separate entrance to this

    John Terebey BHHS Fox & Roach - Princeton

    Section Image
  • 131 Bayard St, Trenton, NJ 08611

    $350,000

    • Studio
    • 1,704 Sq Ft
    • 131 Bayard St
    • Trenton, NJ

    Welcome to this beautifully maintained two-unit multifamily home, offering ample space and modern comforts. Each unit features generous living areas, well-appointed kitchens, and cozy bedrooms, perfect for families or investors alike. Enjoy the added benefit of a private backyard, ideal for outdoor gatherings, gardening, or simply relaxing in nature. Located in a desirable neighborhood, this

    Sarah Watson Keller Williams Premier

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $230,025 Enterprise Title Services
Deed $230,025 Enterprise Title Services
Deed $67,500 Globalserve Title Agency
Deed $67,500 Globalserve Title Agency
Deed $55,000 None Available
Deed $52,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $172,519 New Conventional
Previous Owner $0 Unknown
Previous Owner $30,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2025 01/29/25 Sold $460,000 -2.1% $116 / Sq Ft
09/04/2024 09/04/24 Pending -- -- --
08/16/2024 08/16/24 For Sale $470,000 -- $119 / 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
2025 $5,963 $102,800 $24,600 $78,200
2024 $5,723 $102,800 $24,600 $78,200
2023 $5,723 $102,800 $24,600 $78,200
2022 $5,611 $102,800 $24,600 $78,200
2021 $5,708 $102,800 $24,600 $78,200
2020 $5,690 $102,800 $24,600 $78,200
2019 $5,598 $102,800 $24,600 $78,200
2018 $5,828 $111,800 $26,800 $85,000
2017 $5,540 $111,800 $26,800 $85,000
2016 $3,360 $58,400 $19,200 $39,200
2015 $3,348 $58,400 $19,200 $39,200
2014 $3,332 $58,400 $19,200 $39,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJME2047562

Bright MLS

APN: 11-19002-0000-00009