NOT LISTED FOR SALE

1414 Pennington Rd Ewing, NJ 08618

Prospect Neighborhood

Estimated Value: $258,823

-- Bed
3 Baths
-- Sq Ft
1,825 Sq Ft Lot

Last Sold September 25, 2019

Last sale price $114,000

Est. 127% increase in value since last sale

Current estimated payment $1,759/month

48 Days on Market

Highlights

  • Traditional Architecture
  • Property is in very good condition
  • Hot Water Baseboard Heater
  • No HOA

About This Home

As of September 2019

Attention investors! Turn key rental with clear municipal C.O. to be provided. There is a small business renting the storefront, a studio unit, and a 2-bedroom apt on the 2nd/3rd floors (currently under renovation). DO NOT DISTURB TENANTS. Please drive by the exterior and review financials prior to requesting a showing.

Last Agent to Sell the Property

Joni Truch

(609) 575-6416 jonitruch@yahoo.com Action USA Market Realtors Listed on: 06/11/2019

Last Buyer's Agent

Tanya Dorfman

(917) 838-0442 tdorfmanrealtor@gmail.com Coldwell Banker Residential Brokerage-Princeton Jct License #683356

Coldwell Banker Residential Brokerage-Princeton Jct

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,315

Lot Details

  • 1,825 Sq Ft Lot
  • Lot Dimensions are 25.00 x 73.00
  • Property is in very good condition

Home Design

  • Triplex
  • Traditional Architecture
  • Frame Construction

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Driveway

Utilities

  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 00037
  • Assessor Parcel Number 02-00073-00037

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,315

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Special Features: None

Interior Features

  • Above Grade Finished Area Units: Square Feet

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
  • Open Parking Spaces Count: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 58600.00
  • Land Assessed Value: 23100.00
  • Lot Size Acres: 0.04
  • Lot Dimensions: 25.00 x 73.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1825.00
  • Property Condition: Good, Very Good
  • Zoning: COMMERCIAL

Rental Info

  • Existing Lease Type: Yearly
  • Total Actual Rent: 27600.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2073763
  • Tax Annual Amount: 4315.00
  • Assessor Parcel Number: 02-00073-00037
  • Tax Lot: 00037
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: EWING TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2019
Closed on
Sep 18, 2019
Sold by
Ewing Rentals Llc
Bought by
Chica Jony
Seller's Agent
Joni Truch
Action USA Market Realtors
Buyer's Agent
Tanya Dorfman
Coldwell Banker Residential Brokerage-Princeton Jct
List Price
$149,900
Sold Price
$114,000
Premium/Discount to List
-$35,900
-23.95%
Current Estimated Value
$258,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,823
Avg. Annual Appreciation
14.02%

Purchase Details

Closed on
Nov 17, 2014
Sold by
Rea Loretta F
Bought by
Ewing Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.98%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chica Jony $114,000 Nrt Title Agency Llc
Ewing Rentals Llc $70,000 None Available
Ewing Rentals Llc $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ewing Rentals Llc $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2019 09/25/19 Sold $114,000 -18.5% --
07/29/2019 07/29/19 Pending -- -- --
07/12/2019 07/12/19 Price Changed $139,900 -6.7% --
06/11/2019 06/11/19 For Sale $149,900 0.0% --
03/08/2013 03/08/13 Rented $900 0.0% --
03/06/2013 03/06/13 Under Contract -- -- --
01/15/2013 01/15/13 For Rent $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 $4,885 $124,200 $24,500 $99,700
2024 $4,592 $124,200 $24,500 $99,700
2023 $4,592 $124,200 $24,500 $99,700
2022 $4,467 $124,200 $24,500 $99,700
2021 $4,358 $124,200 $24,500 $99,700
2020 $4,296 $124,200 $24,500 $99,700
2019 $4,184 $124,200 $24,500 $99,700
2018 $4,315 $81,700 $23,100 $58,600
2017 $4,416 $81,700 $23,100 $58,600
2016 $4,356 $81,700 $23,100 $58,600
2015 $1,215 $23,100 $23,100 $0
2014 $1,212 $81,700 $23,100 $58,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Joni Truch

    Action USA Market Realtors

    Section Image
  • Tanya Dorfman

    Buyer's Agent in 2019

    Tanya Dorfman

    Coldwell Banker Residential Brokerage-Princeton Jct

    (917) 838-0442

    73 Total Sales

    Tanya Dorfman
    Section Image

  • R

    Seller's Agent in 2013

    ROSEANN C. Sollami

    Weidel Realtors-Ewing

  • M

    Buyer's Agent in 2013

    MATTHEW J Burd

    Weidel Realtors-Ewing

See All Agents

Map

Source: Bright MLS

MLS Number: NJME280436

Bright MLS

APN: 02-00073-0000-00037

New Jersey Mercer County Ewing 08618 Prospect

1414 Pennington Rd, Ewing, NJ

Not Listed for Sale

MultiFamily

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