NOT LISTED FOR SALE

159 Dewey Ave Trenton, NJ 08610

Estimated Value: $348,727 - $429,000

2 Beds
2 Baths
1,400 Sq Ft
$274/Sq Ft Est. Value

Last Sold January 21, 2020

Last sale price $185,000 $132 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $2,610/month

21 Days on Market

About This Home

As of January 2020

Investor or house hacker ALERT!!! What an incredible opportunity to own a multi family, in the heart of Hamilton township. This unit offers a 9% cap rate for you savvy investors! Upstairs unit has been rented happily for the past 8 years. The downstairs unit has been completely remodeled. Both sets of furnaces and hot water heaters are less than a year old! Live in one unit and rent out the other or simply make great money each month renting both units. Please call the listing agent directly for showings, before this one is gone!!

Last Agent to Sell the Property

James Lauer

RE/MAX Revolution Listed on: 11/13/2019

Last Buyer's Agent

NON MEMBER

VRI Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,773

Year Built

  • Built in 1918

Lot Details

  • Lot Dimensions are 80 x 57

Parking

  • 2 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 1,400 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Personal belongings
  • Assessor Parcel Number 03-02451-0000-00024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,773

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Year Built: 1918
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 80 x 57
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Water Heater Tank: Yes
  • General Property Info # Parking Spaces: 2.0
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Waterfront: No
  • Exclusions: Personal belongings

Garage/Parking

  • Garage: No
  • Total Parking Spaces: 2.0
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Lot Info

  • Lot Dimensions: 80 x 57
  • Parcel #: 03-02451-0000-00024

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4773.0
  • Tax Other Annual Assessment Amount: 142500.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2019
Closed on
Jan 21, 2020
Sold by
Rick Ronald J and Rick Daniel J
Bought by
Bachmann Etienne
Seller's Agent
James Lauer
RE/MAX Revolution
Buyer's Agent
NON MEMBER
VRI Homes
Sold Price
$185,000
Total Days on Market
21
Current Estimated Value
$384,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,182
Avg. Annual Appreciation
14.55%
Original Mortgage
$166,500
Outstanding Balance
$149,244
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$234,938

Purchase Details

Closed on
Mar 21, 2014
Sold by
Rick Ronald J and Rick Kathleen A
Bought by
Rick Ronald J and Rick Daniel J

Purchase Details

Closed on
Apr 30, 2004
Sold by
Wade Barbara
Bought by
Rick Ronald and Rick Kathleen

Purchase Details

Closed on
Oct 1, 1999
Sold by
Sacks David
Bought by
Wade Barbara
Source: Public Records

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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
Bachmann Etienne $185,000 Cross Keys Abstract
Rick Ronald J -- None Available
Rick Ronald $167,000 --
Wade Barbara $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bachmann Etienne $166,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2020 01/21/20 Sold $185,000 -- $132 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $5,447 $164,900 $43,800 $121,100
2023 $5,447 $164,900 $43,800 $121,100
2022 $5,361 $164,900 $43,800 $121,100
2021 $6,650 $164,900 $43,800 $121,100
2020 $5,234 $142,500 $43,800 $98,700
2019 $5,080 $142,500 $43,800 $98,700
2018 $4,773 $134,900 $39,800 $95,100
2017 $4,522 $134,900 $39,800 $95,100
2016 $3,648 $134,900 $39,800 $95,100
2015 $3,613 $69,100 $27,000 $42,100
2014 $3,539 $69,100 $27,000 $42,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21945516

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 03-02451-0000-00024