NOT LISTED FOR SALE

117 Moffatt Ave Trenton, NJ 08629

Estimated Value: $659,698

-- Bed
-- Bath
-- Sq Ft
4,500 Sq Ft Lot

Last Sold February 29, 2012

Last sale price $315,000

Est. 109% increase in value since last sale

Current estimated payment $4,147/month

Highlights

  • No HOA
  • Ceiling Fan
  • Laundry Facilities
  • En-Suite Primary Bedroom
  • Hot Water Heating System

About This Home

As of February 2012

Great income-producing property. Positive cash flow. A nicer property will not be found! Absolutely turn-key. Nothing to be done but collect the rent! State and Township inspections done in 2010, good for 5 years. Four family building with 2 two bedroom units and 2 one bedroom units. There are 4 hookups in the basement for washers and dryers, with inside access. Tenants provide their own a/c units and pay their own electric and gas. Heat, water and sewer provided by owner. Replacement windows. You will be impressed. Live here for free, let the rent from the other 3 units pay the mortgage.

Last Agent to Sell the Property

Kathy Kenney

(609) 635-3667 askforkath@aol.com Keller Williams Premier License #9480930 Listed on: 05/27/2011

Keller Williams Premier

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,151

Year Built

  • Built in 1940

Lot Details

  • 4,500 Sq Ft Lot
  • Lot Dimensions are 45x100
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Laundry Facilities
  • Operating Expense $8,051

Listing and Financial Details

  • Tax Lot 00008
  • Assessor Parcel Number 03-02027-00008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,151

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: 1 Washer & Dryer, 1 Window A/C, 4 Refrig, 4 Stoves, Ceiling Fans
  • New Construction: No
  • Storage: Basement
  • Year Built: 1940
  • Remarks Public: Great income-producing property. Positive cash flow. A nicer property will not be found! Absolutely turn-key. Nothing to be done but collect the rent! State and Township inspections done in 2010, good for 5 years. Four family building with 2 two bedroom units and 2 one bedroom units. There are 4 hookups in the basement for washers and dryers, with inside access. Tenants provide their own a/c units and pay their own electric and gas. Heat, water and sewer provided by owner. Replacement windows. You will be impressed. Live here for free, let the rent from the other 3 units pay the mortgage.
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Entry Location: Common
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Common
  • Street Number Modifier: 117

Exterior Features

  • Construction Materials: Stucco, Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 1900.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: HAMILTON TOWNSHIP
  • School District Key: 300200396172

Lot Info

  • Improvement Assessed Value: 112200.00
  • Land Assessed Value: 24500.00
  • Lot Size Acres: 0.10
  • Lot Dimensions: 45X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4500.00
  • Property Condition: Good
  • Zoning: RESID

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 2099029
  • Tax Annual Amount: 6151.00
  • Assessor Parcel Number: 03-02027-00008
  • Tax Lot: 00008
  • Tax Year: 2010
  • Close Date: 02/29/2012

MLS Schools

  • School District Name: HAMILTON TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2011
Closed on
Feb 28, 2012
Sold by
Nagy John and Nagy Elisabeth R
Bought by
Homefront Tlc Inc
Seller's Agent
Kathy Kenney
Keller Williams Premier
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$329,900
Sold Price
$315,000
Premium/Discount to List
-$14,900
-4.52%
Current Estimated Value
$659,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,698
Avg. Annual Appreciation
5.56%
Original Mortgage
$315,000
Outstanding Balance
$216,486
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$443,212
Source: Public Records

Range of Values:

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Average Value
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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
Homefront Tlc Inc $315,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Homefront Tlc Inc $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2012 02/29/12 Sold $315,000 -4.5% --
09/12/2011 09/12/11 Pending -- -- --
05/27/2011 05/27/11 For Sale $329,900 -- --
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 -- $230,300 $33,500 $196,800
2024 -- $230,300 $33,500 $196,800
2023 -- $230,300 $33,500 $196,800
2022 -- $230,300 $33,500 $196,800
2021 $0 $230,300 $33,500 $196,800
2020 $6,077 $230,300 $33,500 $196,800
2019 $6,077 $230,300 $33,500 $196,800
2018 $0 $225,800 $29,000 $196,800
2017 -- $225,800 $29,000 $196,800
2016 $6,106 $225,800 $29,000 $196,800
2015 -- $136,700 $24,500 $112,200
2014 -- $136,700 $24,500 $112,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004406428

Bright MLS

APN: 03-02027-0000-00008