NOT LISTED FOR SALE

12 W Delaware Ave Unit 4 Pennington, NJ 08534

Estimated Value: $886,917

-- Bed
-- Bath
3,000 Sq Ft
$296/Sq Ft Est. Value

About This Home

This home is located at 12 W Delaware Ave Unit 4, Pennington, NJ 08534 and is currently estimated at $886,917, approximately $295 per square foot. 12 W Delaware Ave Unit 4 is a home located in Mercer County with nearby schools including Hopewell Valley Central High School, Pennington Montessori School, and Guidepost Montessori at Lawrenceville.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2021
Sold by
Backes Joy A
Bought by
12 West Delaware Llc
Current Estimated Value
$886,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Outstanding Balance
$380,116
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$506,801

Purchase Details

Closed on
Apr 15, 2003
Sold by
Pennington Court Co Inc
Bought by
Backes William and Backes Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,000
Interest Rate
5.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 10, 1997
Sold by
Woodford Charles
Bought by
Pennington Ct Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
7.14%
Mortgage Type
Commercial
Source: Public Records

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.

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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.

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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.

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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.

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Average Value
Not Available
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
12 West Delaware Llc $660,000 First American Title Ins Co
12 West Delaware Llc $660,000 First American Title
Backes William $410,000 --
Pennington Ct Co Inc $264,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 12 West Delaware Llc $425,000
Closed 12 West Delaware Llc $425,000
Previous Owner Backes William $318,000
Previous Owner Pennington Ct Co Inc $197,000
Source: Public Records

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 $15,442 $475,000 $125,000 $350,000
2024 $14,483 $475,000 $125,000 $350,000
2023 $14,483 $475,000 $125,000 $350,000
2022 $13,462 $475,000 $125,000 $350,000
2021 $13,376 $475,000 $125,000 $350,000
2020 $13,262 $475,000 $125,000 $350,000
2019 $13,015 $475,000 $125,000 $350,000
2018 $12,721 $475,000 $125,000 $350,000
2017 $14,583 $475,000 $125,000 $350,000
2016 $12,611 $475,000 $125,000 $350,000
2015 $12,626 $475,000 $125,000 $350,000
2014 $12,360 $475,000 $125,000 $350,000
Source: Public Records

Map

New Jersey Mercer County Pennington 08534

12 W Delaware Ave Unit 4, Pennington, NJ

This home is located at 12 W Delaware Ave Unit 4, Pennington, NJ 08534 and is currently estimated at $886,917, approximately $295 per square foot. 12 W Delaware Ave Unit 4 is a home located in Mercer County with nearby schools including Hopewell Valley Central High School, Pennington Montessori School, and Guidepost Montessori at Lawrenceville.

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