NOT LISTED FOR SALE

13 E State St Trenton, NJ 08608

Estimated Value: $242,244

-- Bed
-- Bath
6,012 Sq Ft
$40/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $230,000 $38 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,585/month

11 Days on Market

About This Home

As of October 2023

Large commercial building with unfinished 2nd and 3 floor. There is a tenant on 1st floor with 2 year lease remaining. Tenant pays $2,100 a month with %5 yearly increase. There is a preliminary drawing for 2 apartments in 2nd floor approved by the city with without a need to go in front of zoning board.3rd floor has potential to add 2 more apartments. Property has a full basement. 1st floor store had 2 offices and a half bath for the store. This is a very busy block with high foot traffic, Property is being sold as-is and buyer is responsible for C.O. if required. Owner will provide the preliminary plans and architect info if needed.

Last Listed By

Senol Onal

RE/MAX Properties - Newtown License #0340112 Listed on: 08/12/2023

RE/MAX Properties - Newtown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,186

Year Built

  • Built in 1950

Lot Details

  • 2,187 Sq Ft Lot
  • Lot Dimensions are 19.00 x 115.00

Parking

  • On-Street Parking

Home Design

  • 6,012 Sq Ft Home
  • AirLite
  • Brick Exterior Construction

Accessible Home Design

  • Doors are 32 inches wide or more

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 00015
  • Assessor Parcel Number 11-00102-00015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,186

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Over Storefront
  • Architectural Style: Airlite
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Fee Simple
  • Inclusions: All showcase furniture
  • New Construction: No
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Total Sq Ft: 6012
  • Living Area Sq Ft: 6012
  • Price Per Sq Ft: 45.74
  • Above Grade Finished Sq Ft: 6012
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 13

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
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • 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: 3rd Party

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 19.00 x 115.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2187.00
  • Year Assessed: 2022
  • Zoning: COMMERCIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 8186.00
  • Assessor Parcel Number: 11-00102-00015
  • Tax Lot: 00015
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/31/2023

MLS Schools

  • School District Name: TRENTON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2023
Closed on
Oct 31, 2023
Sold by
Om Namo Bhagavate Vasudevay Realty Llc
Bought by
Csj Enterprise Llc
Seller's Agent
Senol Onal
RE/MAX Properties - Newtown
Buyer's Agent
Senol Onal
RE/MAX Properties - Newtown
List Price
$275,000
Sold Price
$230,000
Premium/Discount to List
-$45,000
-16.36%
Total Days on Market
11
Views
11
Current Estimated Value
$242,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,244
Original Mortgage
$357,000
Outstanding Balance
$353,202
Interest Rate
7.19%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 30, 2019
Sold by
Rams Real Estate Llc
Bought by
Om Namo Bhagavate Vasudevay Realty Llc

Purchase Details

Closed on
Jan 30, 2009
Sold by
Bethlone Inc
Bought by
Rams Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
5.06%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 2, 1992
Sold by
Brown Marie
Bought by
House Martin

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
Csj Enterprise Llc $230,000 Foundation Title
Om Namo Bhagavate Vasudevay Realty Llc $150,000 Westcor Land Title Ins Co
Rams Real Estate Llc $180,000 National Title Agency
House Martin $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Csj Enterprise Llc $357,000
Previous Owner Rams Real Estate Llc $123,000
Previous Owner Rams Real Estate Llc $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2023 10/31/23 Sold $230,000 -16.4% $38 / Sq Ft
08/23/2023 08/23/23 Pending -- -- --
08/12/2023 08/12/23 For Sale $275,000 -- $46 / 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 $8,351 $150,000 $54,200 $95,800
2023 $8,351 $150,000 $54,200 $95,800
2022 $10,288 $188,500 $54,200 $134,300
2021 $10,467 $188,500 $54,200 $134,300
2020 $10,433 $188,500 $54,200 $134,300
2019 $10,266 $188,500 $54,200 $134,300
2018 $9,827 $188,500 $54,200 $134,300
2017 $9,340 $188,500 $54,200 $134,300
2016 $5,926 $103,000 $58,900 $44,100
2015 $5,905 $103,000 $58,900 $44,100
2014 $5,877 $103,000 $58,900 $44,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2033812

Bright MLS

APN: 11-00102-0000-00015