$325,000
SOLD AUG 21, 2020

135 N Academy St Unit 137 Hightstown, NJ 08520

-- Bed
-- Bath
2,888 Sq Ft
10,050 Sq Ft Lot

Recently Sold

$113 Per Sq Ft

17% Below List Price

27 Days on Market

About This Home

As of August 2020

INCOME PRODUCING PROPERTY! Either live in one side and rent out the other or rent both sides. This is a duplex. There are two 3 bedroom/1.5 bathroom units. Both units have been completely rehabbed within the past 5 years. On each side includes a walk -up attic area (one side is finished and the other side can be). The backyards have been split and fenced for the privacy of each unit. There is a 2 car wide, 2 car deep driveway to be shared by both sides of home along with a small shed also with 2 sides that may be shared. This property is less than a five minute walk from through Hightstown's Historic District to the downtown area. There is a very nice park one block away from the property with a gazebo and playground equipment. This property has close access to the Princeton Junction Train Station, the NJ Turnpike (Exit 8), Routes 130, 571, 33, 195 and 1. So make sure you come see this amazing property and put in your offer.

Last Agent to Sell the Property

Paul Hummel

Action USA Jay Robert Realtors License #RS327715 Listed on: 06/08/2020

Last Buyer's Agent

Bina Shah

Legacy Realty License #785240

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,961

Year Built

  • Built in 1910

Lot Details

  • 10,050 Sq Ft Lot
  • Lot Dimensions are 67.00 x 150.00

Home Design

  • 2,888 Sq Ft Home
  • Duplex
  • Frame Construction

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Radiator
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 04-00022-00001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,961

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Tenant's personal belongings
  • Inclusions: Stoves, Refrigerators, Washers/Dryers (If not owned by tenants) and Dishwashers
  • New Construction: No
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Remarks Public: INCOME PRODUCING PROPERTY! Either live in one side and rent out the other or rent both sides. This is a duplex. There are two 3 bedroom/1.5 bathroom units. Both units have been completely rehabbed within the past 5 years. On each side includes a walk -up attic area (one side is finished and the other side can be). The backyards have been split and fenced for the privacy of each unit. There is a 2 car wide, 2 car deep driveway to be shared by both sides of home along with a small shed also with 2 sides that may be shared. This property is less than a five minute walk from through Hightstown's Historic District to the downtown area. There is a very nice park one block away from the property with a gazebo and playground equipment. This property has close access to the Princeton Junction Train Station, the NJ Turnpike (Exit 8), Routes 130, 571, 33, 195 and 1. So make sure you come see this amazing property and put in your offer.
  • Special Features: None

Interior Features

  • Total Sq Ft: 2888
  • Living Area Sq Ft: 2888
  • Price Per Sq Ft: 121.16
  • Above Grade Finished Sq Ft: 2888
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 135-137

Exterior Features

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

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, On Street, Off Street
  • Number of Spaces in Driveway: 4

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: EAST WINDSOR REGIONAL SCHOOLS
  • School District Key: 300200396171
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 143500.00
  • Land Assessed Value: 88700.00
  • Lot Size Acres: 0.23
  • Lot Dimensions: 67.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10050.00
  • Year Assessed: 2019
  • Zoning: R-3

Rental Info

  • Existing Lease Type: Long Term, Month To Month
  • Rent Control: No
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2116910
  • Tax Annual Amount: 9961.00
  • Assessor Parcel Number: 04-00022-00001
  • Tax Lot: 00001
  • Tax Total Finished Sq Ft: 2888
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 08/21/2020

MLS Schools

  • School District Name: EAST WINDSOR REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2020
Closed on
Aug 19, 2020
Sold by
Arsenault Christopher M
Bought by
Yerabolu Hitesh and Badey Madhavi
Seller's Agent
Paul Hummel
Action USA Jay Robert Realtors
Buyer's Agent
Bina Shah
Legacy Realty
List Price
$389,900
Sold Price
$325,000
Premium/Discount to List
-$64,900
-16.65%
Current Estimated Value
$624,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,358
Avg. Annual Appreciation
13.94%
Original Mortgage
$243,750
Outstanding Balance
$218,382
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$401,732

Purchase Details

Listed on
Nov 25, 2013
Closed on
Mar 13, 2014
Sold by
Bowling Elizabeth J
Bought by
Arsenault Christopher M
Seller's Agent
PHYLLIS HEMLER
BHHS Fox & Roach - Princeton
Buyer's Agent
Paul Hummel
Action USA Jay Robert Realtors
List Price
$229,000
Sold Price
$217,000
Premium/Discount to List
-$12,000
-5.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%
Original Mortgage
$162,750
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2007
Sold by
Bowling Elizabeth J and Bowling William J
Bought by
Bowling Elizabeth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
6.21%
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 Type Sale Price Title Company
Deed $325,000 Arch Abstract Llc
Deed $217,000 Surety Title Co Llc
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $243,750 New Conventional
Previous Owner $162,750 New Conventional
Previous Owner -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2024 03/01/24 Rented $3,000 0.0% --
02/20/2024 02/20/24 Under Contract -- -- --
01/19/2024 01/19/24 For Rent $3,000 +36.4% --
12/03/2020 12/03/20 Rented $2,200 0.0% --
10/27/2020 10/27/20 For Rent $2,200 0.0% --
08/21/2020 08/21/20 Sold $325,000 -7.1% $113 / Sq Ft
07/05/2020 07/05/20 Pending -- -- --
06/22/2020 06/22/20 Price Changed $349,900 -10.3% $121 / Sq Ft
06/08/2020 06/08/20 For Sale $389,900 0.0% $135 / Sq Ft
10/11/2014 10/11/14 Rented $1,750 -2.8% --
10/11/2014 10/11/14 Under Contract -- -- --
09/09/2014 09/09/14 For Rent $1,800 0.0% --
03/13/2014 03/13/14 Sold $217,000 -5.2% $75 / Sq Ft
01/09/2014 01/09/14 Pending -- -- --
11/25/2013 11/25/13 For Sale $229,000 -- $79 / 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 $12,050 $248,300 $88,700 $159,600
2023 $12,050 $248,300 $88,700 $159,600
2022 $11,633 $248,300 $88,700 $159,600
2021 $11,213 $248,300 $88,700 $159,600
2020 $10,247 $232,200 $88,700 $143,500
2019 $9,961 $232,200 $88,700 $143,500
2018 $9,671 $232,200 $88,700 $143,500
2017 $9,571 $232,200 $88,700 $143,500
2016 $9,488 $232,200 $88,700 $143,500
2015 $9,427 $232,200 $88,700 $143,500
2014 $9,488 $232,200 $88,700 $143,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME296550

Bright MLS

APN: 04-00022-0000-00001