NOT LISTED FOR SALE

1542 Chambers St Trenton, NJ 08610

Estimated Value: $267,000 - $368,678

-- Bed
-- Bath
1,568 Sq Ft
$211/Sq Ft Est. Value

Last Sold October 24, 2018

Last sale price $108,386 $69 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $2,138/month

20 Days on Market

Highlights

  • No HOA
  • Heating System Uses Gas
  • 4-minute walk to Franklin Park
  • En-Suite Primary Bedroom

About This Home

As of October 2018

Attention investors! Easy sale, nice return on your investment. Turn key rental with stable tenant, clear municipal C.O. to be provided. 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

Action USA Market Realtors Listed on: 08/08/2017

Last Buyer's Agent

JONI TRUCH

Action USA Market Realtors Listed on: 08/08/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,072

Year Built

  • Built in 1920

Lot Details

  • 10,148 Sq Ft Lot
  • Lot Dimensions are 86x118
  • Property is in good condition

Parking

  • 4 Open Parking Spaces

Home Design

  • Duplex
  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,568 Sq Ft Home
  • Partial Basement

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00030
  • Assessor Parcel Number 03-02095-00030

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $1,000
  • Maintenance Expense $600
  • Operating Expense $7,523

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,072

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Remarks Public: Attention investors! Easy sale, nice return on your investment. Turn key rental with stable tenant, clear municipal C.O. to be provided. DO NOT DISTURB TENANTS. Please drive by the exterior and review financials prior to requesting a showing.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 1568
  • Living Area Sq Ft: 1568
  • Price Per Sq Ft: 82.84
  • Above Grade Finished Sq Ft: 1568
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1542

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • 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

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1000.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: HAMILTON TOWNSHIP
  • School District Key: 300200396172

Lot Info

  • Improvement Assessed Value: 121200.00
  • Land Assessed Value: 30100.00
  • Lot Size Acres: 0.23
  • Lot Dimensions: 86X118
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10148.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 22980.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 2099874
  • Tax Annual Amount: 5072.00
  • Assessor Parcel Number: 03-02095-00030
  • Tax Lot: 00030
  • Tax Year: 2017
  • Close Date: 10/24/2018

MLS Schools

  • School District Name: HAMILTON TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2019
Sold by
Trenton Retnals Llc
Bought by
Mercer County Portfolio Llc
Current Estimated Value
$317,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Outstanding Balance
$60,835
Interest Rate
4.7%
Mortgage Type
Commercial
Estimated Equity
$259,717

Purchase Details

Closed on
May 3, 2012
Sold by
Winnick Stanley
Bought by
Trenton 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
4.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Winnick Stanley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
4.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 2010
Sold by
Tomasello Joseph and First Horizon Home Loan Corpor
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 11, 2003
Sold by
Mcroberts Reanin
Bought by
Tomasello Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,950
Interest Rate
6.31%

Purchase Details

Closed on
Jan 18, 2001
Sold by
Rotunda Frank
Bought by
Mcroberts Reainn and Mark Mcroberts

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,300
Interest Rate
7.39%

Purchase Details

Closed on
Dec 28, 1999
Sold by
Bartolini Helen
Bought by
Rotunda Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,905
Interest Rate
7.91%
Mortgage Type
FHA
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
Mercer County Portfolio Llc $422,856 River Edge Title Agency
Mercer County Portfolio Llc $105,714 River Edge Title Agency
Mercer County Portfolio Llc $211,430 River Edge Title Agency
Trenton Rentals Llc $99,000 None Available
Winnick Stanley $72,000 Fortune Title Agency Inc
Federal Home Loan Mortgage Corporation -- None Available
Tomasello Joseph $133,900 --
Mcroberts Reainn $114,000 --
Rotunda Frank $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercer County Portfolio Llc $68,000
Closed Mercer County Portfolio Llc $68,000
Previous Owner Trenton Rentals Llc $100,000
Previous Owner Winnick Stanley $1,750,000
Previous Owner Tomasello Joseph $131,950
Previous Owner Mcroberts Reainn $108,300
Previous Owner Rotunda Frank $82,905
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2018 10/24/18 Sold $108,386 -16.6% $69 / Sq Ft
08/28/2017 08/28/17 Pending -- -- --
08/08/2017 08/08/17 For Sale $129,900 -- $83 / 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 $5,433 $164,500 $35,300 $129,200
2023 $5,433 $164,500 $35,300 $129,200
2022 $5,348 $164,500 $35,300 $129,200
2021 $6,618 $164,500 $35,300 $129,200
2020 $6,026 $164,500 $35,300 $129,200
2019 $5,379 $151,300 $30,100 $121,200
2018 $5,308 $151,300 $30,100 $121,200
2017 $5,072 $151,300 $30,100 $121,200
2016 $4,091 $151,300 $30,100 $121,200
2015 $3,433 $65,900 $21,800 $44,100
2014 $3,388 $65,900 $21,800 $44,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001765871

Bright MLS

APN: 03-02095-0000-00030