NOT LISTED FOR SALE

148 Pennington Ave Trenton, NJ 08618

Battle Monument Neighborhood

Estimated Value: $196,000 - $245,000

-- Bed
-- Bath
2,122 Sq Ft
$99/Sq Ft Est. Value

Last Sold August 27, 2019

Last sale price $50,000 $24 Per Sq Ft

Est. 315% increase in value since last sale

Current estimated payment $1,451/month

6 Days on Market

Highlights

  • Straight Thru Architecture
  • Forced Air Heating System
  • 4-minute walk to Sweets Fountain Park
  • No HOA

About This Home

As of August 2019

Great income potential - apt #1 - 2BR / 2bath (1st & 2nd floor) rented - third floor 1BR / 1 bath vacant

Last Agent to Sell the Property

Cathi Macheda

Action USA Rader Realty License #9480735 Listed on: 07/25/2019

Last Buyer's Agent

Cathi Macheda

Action USA Rader Realty License #9480735 Listed on: 07/25/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1887

Lot Details

  • 2,600 Sq Ft Lot
  • Lot Dimensions are 20.00 x 130.00

Parking

  • On-Street Parking

Home Design

  • 2,122 Sq Ft Home
  • Duplex
  • Straight Thru Architecture
  • Brick Exterior Construction

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00014
  • Assessor Parcel Number 11-06704-00014

Community Details

Overview

  • No Home Owners Association

Building Details

  • 1 Vacant Unit
  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1887

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1887
  • Remarks Public: Great income potential - apt #1 - 2BR / 2bath (1st & 2nd floor) rented - third floor 1BR / 1 bath vacant
  • Special Features: None

Interior Features

  • Total Sq Ft: 2122
  • Living Area Sq Ft: 2122
  • Price Per Sq Ft: 25.92
  • Above Grade Finished Sq Ft: 2122
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 148

Exterior Features

  • Other Structures: Above Grade, Below 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: No
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: TRENTON PUBLIC SCHOOLS
  • School District Key: 300200396606
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 64200.00
  • Land Assessed Value: 3900.00
  • Lot Size Acres: 0.06
  • Lot Dimensions: 20.00 x 130.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2600.00
  • Year Assessed: 2018
  • Zoning: RES

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 1
  • Rent Control: Yes
  • Units Leased Count: 1
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 1

Tax Info

  • Assessor Parcel Number: 2152368
  • Tax Annual Amount: 3550.00
  • Assessor Parcel Number: 11-06704-00014
  • Tax Lot: 00014
  • Tax Total Finished Sq Ft: 2122
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 08/27/2019

MLS Schools

  • School District Name: TRENTON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2024
Sold by
Sooper Holdings Llc
Bought by
Sooper Capital Llc
Current Estimated Value
$207,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,250
Outstanding Balance
$472,766
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
-$262,080

Purchase Details

Closed on
Jan 28, 2021
Sold by
Fantastic Holdings Llc
Bought by
Sooper Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,820,500
Interest Rate
2.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 20, 2021
Sold by
Fantastic Holdings Llc
Bought by
Sooper Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,820,500
Interest Rate
2.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 21, 2020
Sold by
148 Pennington Llc
Bought by
Fantastic Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 25, 2019
Closed on
Aug 30, 2019
Sold by
Hart Pia B
Bought by
148 Pennington Llc
Seller's Agent
Cathi Macheda
Action USA Rader Realty
Buyer's Agent
Cathi Macheda
Action USA Rader Realty
List Price
$55,000
Sold Price
$50,000
Premium/Discount to List
-$5,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.35%

Purchase Details

Listed on
Feb 1, 2016
Closed on
Jan 22, 2016
Sold by
Tryon Horace N
Bought by
Hart Pia B
Seller's Agent
Shirley Rader
Action USA Rader Realty
Buyer's Agent
Shirley Rader
Action USA Rader Realty
Sold Price
$950

Purchase Details

Closed on
Jun 5, 2008
Sold by
Tyrone Virginia E and Byrd Edward L
Bought by
Tyrone Virginia E
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 Buyer Sale Price Title Company
Sooper Capital Llc -- Oster Title
Sooper Holdings Llc -- None Listed On Document
Sooper Holdings Llc -- Os National Resware
Fantastic Holdings Llc -- Old Republic Title
Fantastic Holdings Llc -- Old Republic Title
148 Pennington Llc $50,000 Emerald Title Agency
Hart Pia B -- None Available
Tyrone Virginia E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sooper Capital Llc $476,250
Previous Owner Sooper Holdings Llc $1,820,500
Previous Owner Fantastic Holdings Llc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2019 08/27/19 Sold $50,000 -9.1% $24 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
07/25/2019 07/25/19 For Sale $55,000 0.0% $26 / Sq Ft
03/01/2016 03/01/16 Rented $950 0.0% --
02/24/2016 02/24/16 Under Contract -- -- --
02/01/2016 02/01/16 For Rent $950 -- --
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 $3,791 $68,100 $3,900 $64,200
2023 $3,791 $68,100 $3,900 $64,200
2022 $3,717 $68,100 $3,900 $64,200
2021 $3,782 $68,100 $3,900 $64,200
2020 $3,769 $68,100 $3,900 $64,200
2019 $3,709 $68,100 $3,900 $64,200
2018 $3,550 $68,100 $3,900 $64,200
2017 $3,374 $68,100 $3,900 $64,200
2016 $3,550 $61,700 $8,100 $53,600
2015 $3,537 $61,700 $8,100 $53,600
2014 $3,521 $61,700 $8,100 $53,600
Source: Public Records

Agents Affiliated with this Home

  • Cathi Macheda

    Seller's Agent in 2019

    Cathi Macheda

    Action USA Rader Realty

    (609) 915-7016

    53 Total Sales

    Section Image

  • S

    Seller's Agent in 2016

    Shirley Rader

    Action USA Rader Realty

    Section Image
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Map

Source: Bright MLS

MLS Number: NJME283292

Bright MLS

APN: 11-06704-0000-00014

New Jersey Mercer County Trenton 08618 Battle Monument

148 Pennington Ave, Trenton, NJ

This home is located at 148 Pennington Ave, Trenton, NJ 08618 since 25 July 2019 and is currently estimated at $210,686, approximately $99 per square foot. This property was built in 1887. 148 Pennington Ave is a home located in Mercer County with nearby schools including Luis Munoz Rivera Elementary School, Gregory Elementary School, and Trenton Central High School - Main Campus.

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