NOT LISTED FOR SALE

1531 N Olden Ave Trenton, NJ 08638

Prospect Neighborhood

Estimated Value: $773,103

1 Bed
3 Baths
6,890 Sq Ft
$112/Sq Ft Est. Value

Last Sold October 19, 2022

Last sale price $650,000 $94 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,066/month

198 Days on Market

Highlights

  • No HOA
  • Ceiling Fan
  • Back Up Electric Heat Pump System
  • Central Air

About This Home

As of October 2022

Residential/Commercial! This mixed use property would be well suited for electrical, HVAC, plumber or other mechanical type contractors with the additional opportunity to lease out the residence and retail space. BUILDING ONE Retail Space, 1000 sq. ft store front, bathroom and storage, with great exposure to a high traffic roadway. Residential, 2000 sq. ft apartment/office with energy efficient triple pane glass windows, a full bath, updated kitchen, bedroom, Livingroom and washer and dryer.
Warehouse, 2,400 sq. ft with 14 ft ceiling and 12 ft garage door. BUILDING TWO Warehouse, 1,180 sq. ft with 18 ft ceilings for large trucks or machinery. Newer roof and building systems.
Contact Listing agents to set up a showing. Buyers must provide a Prequalification or Proof of Funds required prior to showing confirmation.

Last Agent to Sell the Property

David Depaola

David DePaola and Company Real Estate License #RM425333 Listed on: 01/19/2022

Co-Listed By

'Dave' LaBaw

David DePaola and Company Real Estate License #1861669

Last Buyer's Agent

'Dave' LaBaw

David DePaola and Company Real Estate License #1861669

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,060

Year Built

  • Built in 1958

Lot Details

  • 8,880 Sq Ft Lot
  • Lot Dimensions are 120x74
  • Property is zoned R-3

Home Design

  • Flat Roof Shape
  • Stone Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,890 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan

Bedrooms and Bathrooms

  • 1 Bedroom

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Public Parking
  • Parking Lot

Utilities

  • Central Air
  • Cooling System Mounted In Outer Wall Opening
  • Back Up Electric Heat Pump System
  • Back Up Gas Heat Pump System
  • Above Ground Utilities
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00036
  • Assessor Parcel Number 02-00018-00036

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,060

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • Home Warranty: No
  • Inclusions: Mechanical machinery and warehouse storage units are negotiable
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1958
  • Automatically Close On Close Date: No
  • Remarks Public: Residential/Commercial! This mixed use property would be well suited for electrical, HVAC, plumber or other mechanical type contractors with the additional opportunity to lease out the residence and retail space. BUILDING ONE Retail Space, 1000 sq. ft store front, bathroom and storage, with great exposure to a high traffic roadway. Residential, 2000 sq. ft apartment/office with energy efficient triple pane glass windows, a full bath, updated kitchen, bedroom, Livingroom and washer and dryer. Warehouse, 2,400 sq. ft with 14 ft ceiling and 12 ft garage door. BUILDING TWO Warehouse, 1,180 sq. ft with 18 ft ceilings for large trucks or machinery. Newer roof and building systems. Contact Listing agents to set up a showing. Buyers must provide a Prequalification or Proof of Funds required prior to showing confirmation.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 6890
  • Living Area Sq Ft: 6890
  • Price Per Sq Ft: 92.89
  • Above Grade Finished Sq Ft: 6890
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1531

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block, Stone
  • Road Surface Type: Us Highway/Interstate
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Public
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 10

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Wall Unit
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump - Gas Backup, Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable Tv Available, Above Ground
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: EWING TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396170
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 156100.00
  • Land Assessed Value: 102100.00
  • Lot Size Acres: 0.20
  • Lot Dimensions: 120X74
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8880.00
  • Year Assessed: 2021
  • Zoning: R-3

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2072725
  • Tax Annual Amount: 9060.00
  • Assessor Parcel Number: 02-00018-00036
  • Tax Lot: 00036
  • Tax Total Finished Sq Ft: 6069
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 10/19/2022

MLS Schools

  • School District Name: EWING TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2023
Sold by
Lrep Ix Llc
Bought by
Lrep Ix Llc
Current Estimated Value
$773,103

Purchase Details

Listed on
Jan 19, 2022
Closed on
Oct 13, 2022
Sold by
Foushee John and Foushee Kathy
Bought by
Lrep Ix Llc
Seller's Agent
David Depaola
David DePaola and Company Real Estate
Buyer's Agent
'Dave' LaBaw
David DePaola and Company Real Estate
List Price
$640,000
Sold Price
$650,000
Premium/Discount to List
$10,000
1.56%
Views
12

Purchase Details

Closed on
Mar 27, 2014
Sold by
Foushee John and Foushee Deborah E
Bought by
Foushee John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.26%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 30, 1999
Sold by
Reedhead Frederick
Bought by
Foushee John and Foushee Deborah

Purchase Details

Closed on
Oct 23, 1990
Sold by
Reedhead Brothers Builders
Bought by
Reedhead Frederick W and Reedhead Margaret
Source: Public Records

Range of Values:

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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
Lrep Ix Llc -- Sterling Title
Lrep Ix Llc $650,000 Capital Title
Foushee John -- None Available
Foushee John $143,500 --
Reedhead Frederick W $100 --
Reedhead Frederick $5,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Foushee John $300,000
Previous Owner Foushee John $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2022 10/19/22 Sold $650,000 +1.6% $94 / Sq Ft
08/05/2022 08/05/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $640,000 -- $93 / 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 $9,546 $422,100 $266,000 $156,100
2023 $9,546 $258,200 $102,100 $156,100
2022 $9,287 $258,200 $102,100 $156,100
2021 $9,060 $258,200 $102,100 $156,100
2020 $8,931 $258,200 $102,100 $156,100
2019 $8,699 $258,200 $102,100 $156,100
2018 $7,395 $140,000 $31,100 $108,900
2017 $7,567 $140,000 $31,100 $108,900
2016 $7,465 $140,000 $31,100 $108,900
2015 $7,365 $140,000 $31,100 $108,900
2014 $7,346 $140,000 $31,100 $108,900
Source: Public Records

Agents Affiliated with this Home

  • David Depaola

    Seller's Agent in 2022

    David Depaola

    David DePaola and Company Real Estate

    (609) 731-0581

    8 in this area

    132 Total Sales

    Section Image

  • '

    Seller Co-Listing Agent in 2022

    'Dave' LaBaw

    David DePaola and Company Real Estate

    (609) 743-4560

    4 in this area

    36 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: NJME2010720

Bright MLS

APN: 02-00018-0000-00036

New Jersey Mercer County Trenton 08638 Prospect

1531 N Olden Ave, Trenton, NJ

This home is located at 1531 N Olden Ave, Trenton, NJ 08638 since 19 January 2022 and is currently priced at $773,103, approximately $112 per square foot. This property was built in 1958. 1531 N Olden Ave is a home located in Mercer County with nearby schools including Ewing High School, Paul Robeson Charter School For The Humanities, and Islamic School Of Trenton/Al-Bayaan Academy.

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