$535,000
SOLD MAY 29, 2025

14 Seminary Ave Hopewell, NJ 08525

2 Beds
1 Bath
2,012 Sq Ft
2,662 Sq Ft Lot

Recently Sold

$266 Per Sq Ft

4% Below List Price

47 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • No HOA
  • Hopewell Valley Central High School Rated A
  • Attic
  • Wood Frame Window

About This Home

As of May 2025

This unique mixed-use property in the heart of Hopewell Borough offers an excellent investment opportunity with both residential and commercial spaces. The commercial unit (Unit 12), currently owner-occupied as a barbershop, is well-maintained and features multiple sinks and chairs, a spacious waiting area, a separate boiler system, and ample storage. With strong walk-in traffic and ample on-street parking, it's ideal for continued commercial use. The residential unit (Unit 14) has a private entrance and a generous layout. A foyer leads to the second floor, where a large living and dining room combination provides comfortable living space. The unit includes two sizable bedrooms, a galley-style kitchen, a sunroom suitable for a home office, and an updated full bathroom. A rear staircase leads to a private laundry room with additional storage, while a walk-up attic offers even more space. The property sits on a 35 x 76 ft. lot and offers a private backyard for added appeal. The heating system is a radiator setup, and the boilers are approximately 15 years old. With its prime location, strong rental potential, and a mix of commercial and residential use, this property is an excellent opportunity for investors and owner-occupiers alike.

Last Agent to Sell the Property

Cynthia Fowlkes

RE/MAX Instyle Realty Corp License #0121729 Listed on: 03/16/2025

RE/MAX Instyle Realty Corp

Last Buyer's Agent

James Andrew Israel

Compass New Jersey, LLC - Moorestown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,321

Year Built

  • Built in 1920

Lot Details

  • 2,662 Sq Ft Lot
  • Lot Dimensions are 35.00 x 76.00
  • Level Lot
  • Open Lot
  • Property is in very good condition
  • Property is zoned BR

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 2,012 Sq Ft Home
  • Property has 2 Levels
  • Built-In Features
  • Wood Frame Window
  • Entrance Foyer
  • Combination Dining and Living Room
  • Attic

Kitchen

  • Eat-In Galley Kitchen
  • Gas Oven or Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Schools

  • Hopewell Elementary School
  • Timberlane Middle School
  • Hopewell High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Above Ground Utilities
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00029
  • Assessor Parcel Number 05-00029-00029

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,321

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: See Exclusion Form
  • Inclusions: Appliances
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: This unique mixed-use property in the heart of Hopewell Borough offers an excellent investment opportunity with both residential and commercial spaces. The commercial unit (Unit 12), currently owner-occupied as a barbershop, is well-maintained and features multiple sinks and chairs, a spacious waiting area, a separate boiler system, and ample storage. With strong walk-in traffic and ample on-street parking, it's ideal for continued commercial use. The residential unit (Unit 14) has a private entrance and a generous layout. A foyer leads to the second floor, where a large living and dining room combination provides comfortable living space. The unit includes two sizable bedrooms, a galley-style kitchen, a sunroom suitable for a home office, and an updated full bathroom. A rear staircase leads to a private laundry room with additional storage, while a walk-up attic offers even more space. The property sits on a 35 x 76 ft. lot and offers a private backyard for added appeal. The heating system is a radiator setup, and the boilers are approximately 15 years old. With its prime location, strong rental potential, and a mix of commercial and residential use, this property is an excellent opportunity for investors and owner-occupiers alike.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator
  • Flooring Type: Wood, Vinyl
  • Interior Amenities: Bathroom - Tub Shower, Built-Ins, Combination Dining/Living, Kitchen - Eat-In, Kitchen - Galley, Wood Floors
  • Window Features: Wood Frame
  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Foyer, Bedroom 1, Bathroom 1, Attic
  • Basement: No
  • Total Sq Ft: 2012
  • Living Area Sq Ft: 2012
  • Price Per Sq Ft: 275.80
  • Above Grade Finished Sq Ft: 2012
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 14

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Sidewalks
  • Roof: Asphalt
  • 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
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Above Ground
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: HOPEWELL VALLEY REGIONAL SCHOOLS
  • Elementary School: HOPEWELL E.S.
  • Middle School: TIMBERLANE M.S.
  • High School: HOPEWELL
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397266
  • School District Source: Listing Agent
  • Elementary School: HOPEWELL E.S.
  • High School: HOPEWELL
  • Middle Or Junior School: TIMBERLANE M.S.

Lot Info

  • Lot Features: Level, Open
  • Lot Size Acres: 0.06
  • Lot Dimensions: 35.00 x 76.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2662.00
  • Property Condition: Very Good
  • Year Assessed: 2024
  • Zoning: BR

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7321.00
  • Assessor Parcel Number: 05-00029-00029
  • Tax Lot: 00029
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 05/29/2025

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2002
Sold by
Voorhees Frank
Bought by
Wagner Nicholas and Wagner Amy
Current Estimated Value
$555,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Outstanding Balance
$54,648
Interest Rate
7.15%
Mortgage Type
Commercial
Estimated Equity
$500,352
Source: Public Records

Range of Values:

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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 $150,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $130,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 Sold $535,000 -3.6% $266 / Sq Ft
03/16/2025 03/16/25 For Sale $554,900 -- $276 / 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
2025 $7,322 $212,900 $62,600 $150,300
2024 $7,047 $212,900 $62,600 $150,300
2023 $7,047 $212,900 $62,600 $150,300
2022 $6,811 $212,900 $62,600 $150,300
2021 $6,687 $212,900 $62,600 $150,300
2020 $6,594 $212,900 $62,600 $150,300
2019 $6,496 $212,900 $62,600 $150,300
2018 $6,215 $212,900 $62,600 $150,300
2017 $6,023 $212,900 $62,600 $150,300
2016 $5,827 $212,900 $62,600 $150,300
2015 $5,865 $212,900 $62,600 $150,300
2014 $8,657 $337,900 $77,500 $260,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2055874

Bright MLS

APN: 05-00029-0000-00029