NOT LISTED FOR SALE

116 N Montgomery St Trenton, NJ 08608

Mill Hill Neighborhood

Estimated Value: $165,000 - $263,000

-- Bed
-- Bath
2,445 Sq Ft
$87/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $120,000 $49 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,349/month

61 Days on Market

Highlights

  • Traditional Architecture
  • Hot Water Heating System
  • 4-minute walk to Roberto Clemente Park

About This Home

As of November 2021

This is a great investment property in the heart of Trenton. Two units for renting, 2nd floor is currently occupied, first floor is vacant. Latest rents were $600 for first floor one bedroom unit. $800 for 2nd floor 4 bedroom unit.

Last Agent to Sell the Property

Luisa Mancuso-Clews

RE/MAX Tri County License #0227235 Listed on: 09/03/2021

RE/MAX Tri County

Last Buyer's Agent

Luisa Mancuso-Clews

RE/MAX Tri County License #0227235 Listed on: 09/03/2021

RE/MAX Tri County

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,531

Year Built

  • 1950

Lot Details

  • 1,848 Sq Ft Lot
  • Lot Dimensions are 21.00 x 88.00

Parking

  • On-Street Parking

Home Design

  • 2,445 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction

Basement

  • Partial Basement
  • Exterior Basement Entry

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 00018
  • Assessor Parcel Number 11-00601-00018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,531

Year Built

1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Tenant property
  • Inclusions: Appliances as exist
  • New Construction: No
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: This is a great investment property in the heart of Trenton. Two units for renting, 2nd floor is currently occupied, first floor is vacant. Latest rents were $600 for first floor one bedroom unit. $800 for 2nd floor 4 bedroom unit.
  • Special Features: None
  • Year Built (Public Record): 1950

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Outside Entrance, Partial
  • Total Sq Ft: 2445
  • Living Area Sq Ft: 2445
  • Price Per Sq Ft: 58.49
  • Above Grade Finished Sq Ft: 2445
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 116

Exterior Features

  • Other Structures: Above Grade, Below 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
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 87300.00
  • Land Assessed Value: 30700.00
  • Lot Size Acres: 0.04
  • Lot Dimensions: 21.00 x 88.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1848.00
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 2147110
  • Tax Annual Amount: 6531.00
  • Assessor Parcel Number: 11-00601-00018
  • Tax Lot: 00018
  • Tax Total Finished Sq Ft: 2445
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 11/19/2021

MLS Schools

  • School District Name: TRENTON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2023
Sold by
Blue Lane Holmes Llc
Bought by
2019 Management Llc
Total Days on Market
61
Current Estimated Value
$213,843

Purchase Details

Listed on
Sep 3, 2021
Closed on
Nov 23, 2021
Sold by
Miranda Elisio
Bought by
Blue Lane Holmes Llc
Seller's Agent
Luisa Mancuso-Clews
RE/MAX Tri County
Buyer's Agent
Luisa Mancuso-Clews
RE/MAX Tri County
List Price
$143,000
Sold Price
$120,000
Premium/Discount to List
-$23,000
-16.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.53%
Interest Rate
3.1%

Purchase Details

Listed on
Sep 3, 2021
Closed on
Nov 19, 2021
Sold by
Miranda Elisio
Bought by
Blue Lane Holmes Llc
Seller's Agent
Luisa Mancuso-Clews
RE/MAX Tri County
Buyer's Agent
Luisa Mancuso-Clews
RE/MAX Tri County
List Price
$143,000
Sold Price
$120,000
Premium/Discount to List
-$23,000
-16.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.1%

Purchase Details

Closed on
Mar 26, 2014
Sold by
Ventura Vitor and Miranda Elisio
Bought by
Miranda Elisio

Purchase Details

Closed on
Jul 7, 2004
Sold by
Dershowitz Yechezkel
Bought by
Ventura Vitor and Elisio Miranda
Source: Public Records

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Range of Values:

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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
2019 Management Llc -- Etitle Solutions
Blue Lane Holmes Llc $120,000 E Title Solutions
Miranda Elisio $34,250 None Available
Ventura Vitor $82,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $120,000 -16.1% $49 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
09/03/2021 09/03/21 For Sale $143,000 -- $58 / 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 $6,569 $118,000 $5,800 $112,200
2023 $6,569 $118,000 $5,800 $112,200
2022 $6,440 $118,000 $5,800 $112,200
2021 $6,553 $118,000 $30,700 $87,300
2020 $6,531 $118,000 $30,700 $87,300
2019 $6,426 $118,000 $30,700 $87,300
2018 $6,693 $128,400 $33,500 $94,900
2017 $6,362 $128,400 $33,500 $94,900
2016 $4,602 $80,000 $6,500 $73,500
2015 $4,586 $80,000 $6,500 $73,500
2014 $4,565 $65,700 $6,500 $59,200
Source: Public Records

Agents Affiliated with this Home

  • Luisa Mancuso-Clews

    Seller's Agent in 2021

    Luisa Mancuso-Clews

    RE/MAX

    (609) 516-3276

    1 in this area

    63 Total Sales

    Luisa Mancuso-Clews
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJME2004562

Bright MLS

APN: 11-00601-0000-00018

New Jersey Mercer County Trenton 08608 Mill Hill

116 N Montgomery St, Trenton, NJ

This home is located at 116 N Montgomery St, Trenton, NJ 08608 since 03 September 2021 and is currently estimated at $213,843, approximately $87 per square foot. This property was built in 1950. 116 N Montgomery St is a home located in Mercer County with nearby schools including Luis Munoz Rivera Elementary School, Trenton Central High School - Main Campus, and International Academy Of Trenton Charter School.

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