NOT LISTED FOR SALE

160 White Horse Ave Trenton, NJ 08610

Estimated Value: $464,199

2 Beds
2 Baths
1,356 Sq Ft
$342/Sq Ft Est. Value

Last Sold February 03, 2023

Last sale price $375,000 $277 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,966/month

144 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating and Cooling System
  • 60+ Gallon Tank
  • More Than Two Accessible Exits

About This Home

As of February 2023

LOCATION, LOCATION, LOCATION! Upgraded commercial/residential unit in an excellent high-profile location in a mixed-use neighborhood.

The 650 sq. foot professional space is located on the entire 1st floor and consists of 4 offices and a half bath. New laminate and commercial wall-to-wall carpet. Currently used as a graphics/sign shop and office.

The 850 sq. foot 2nd and 3rd floors have a 2-bedroom apartment including a large eat-in kitchen with granite countertops and a huge full bath with stone flooring. The 2nd floor includes the kitchen, living room, one bedroom and a full bath. On the third floor, there is one large bedroom.

Ductless high efficiency mini-split AC recently installed on all levels, including the basement, which is conditioned for ultimate storage! 2 new gas boilers, hot water heater, updated sewer and electrical panels in 2015. Whole house water filtration system installed and serviced annually. Entire exterior painted 2021.

Oversized 2 car detached insulated, heated, well-lit garage/shop with tons of electric (including 220V outlet – perfect for welding), water and storage loft with pull-down stairs. Separate electric and gas for offices/garage and apartment.

Large private yard behind the garage entrance from the parking lot with 5+ parking spots in the oversized paved lot.

The property is presently owner occupied and is in excellent condition! Selling as is.

Last Agent to Sell the Property

Jay Ricigliano

Action USA Jay Robert Realtors License #7819132 Listed on: 07/11/2022

Last Buyer's Agent

John Mastroianni

Align Right Realty HomeKey License #1971871

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,181

Year Built

  • Built in 1940

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 50.00 x 246.00
  • Cleared Lot

Home Design

  • 1,356 Sq Ft Home
  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding
  • Cedar

Parking

  • Driveway
  • Parking Lot

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Forced Air Heating and Cooling System
  • 60+ Gallon Tank

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 00016
  • Assessor Parcel Number 03-02489-00016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,181

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Remarks Public: LOCATION, LOCATION, LOCATION! Upgraded commercial/residential unit in an excellent high-profile location in a mixed-use neighborhood. The 650 sq. foot professional space is located on the entire 1st floor and consists of 4 offices and a half bath. New laminate and commercial wall-to-wall carpet. Currently used as a graphics/sign shop and office. The 850 sq. foot 2nd and 3rd floors have a 2-bedroom apartment including a large eat-in kitchen with granite countertops and a huge full bath with stone flooring. The 2nd floor includes the kitchen, living room, one bedroom and a full bath. On the third floor, there is one large bedroom. Ductless high efficiency mini-split AC recently installed on all levels, including the basement, which is conditioned for ultimate storage! 2 new gas boilers, hot water heater, updated sewer and electrical panels in 2015. Whole house water filtration system installed and serviced annually. Entire exterior painted 2021. Oversized 2 car detached insulated, heated, well-lit garage/shop with tons of electric (including 220V outlet – perfect for welding), water and storage loft with pull-down stairs. Separate electric and gas for offices/garage and apartment. Large private yard behind the garage entrance from the parking lot with 5+ parking spots in the oversized paved lot. The property is presently owner occupied and is in excellent condition! Selling as is.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Foundation Details: Block
  • Total Sq Ft: 1356
  • Living Area Sq Ft: 1356
  • Price Per Sq Ft: 294.91
  • Above Grade Finished Sq Ft: 1356
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 160

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Cedar, Vinyl Siding
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: HAMILTON TOWNSHIP
  • School District Key: 300200396172
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 102500.00
  • Land Assessed Value: 56300.00
  • Lot Features: Cleared
  • Lot Size Acres: 0.28
  • Lot Dimensions: 50.00 x 246.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12301.00
  • Year Assessed: 2021
  • Zoning: R-10

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2109031
  • Tax Annual Amount: 5181.00
  • Assessor Parcel Number: 03-02489-00016
  • Tax Lot: 00016
  • Tax Total Finished Sq Ft: 1356
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 02/03/2023

Multi Family

  • Single Room Units Count: 2

MLS Schools

  • School District Name: HAMILTON TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2022
Closed on
Feb 2, 2023
Sold by
Patriot Property Holdings Llc
Bought by
Given Not
Seller's Agent
Jay Ricigliano
Action USA Jay Robert Realtors
Buyer's Agent
John Mastroianni
Align Right Realty HomeKey
List Price
$399,900
Sold Price
$375,000
Premium/Discount to List
-$24,900
-6.23%
Views
120
Current Estimated Value
$464,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,199
Avg. Annual Appreciation
8.89%
Original Mortgage
$231,000
Outstanding Balance
$224,705
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$240,854

Purchase Details

Listed on
Jun 5, 2012
Closed on
Feb 5, 2015
Sold by
160 White Horse Llc
Bought by
Patriot Property Holdings Llc
Seller's Agent
Jay Ricigliano
Action USA Jay Robert Realtors
Buyer's Agent
Edward Struzynski
Home365, LLC
List Price
$199,900
Sold Price
$180,000
Premium/Discount to List
-$19,900
-9.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.58%
Original Mortgage
$128,000
Interest Rate
3.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 1, 2014
Sold by
Sms Financial Xxix Llc
Bought by
160 White Horse Llc

Purchase Details

Closed on
Aug 28, 2014
Sold by
Cuff Eugene G
Bought by
Sms Financial Xxix Llc

Purchase Details

Closed on
Apr 3, 2009
Sold by
Gallagher Walter Lee and Gallagher Walter L
Bought by
Cuff Eugene and Gallagher Walter Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,560,000
Interest Rate
4.93%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 16, 1996
Sold by
Hoyan William K
Bought by
Gallagher Walter

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
7.34%
Mortgage Type
Commercial
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
Given Not $375,000 First American Title
Patriot Property Holdings Llc $160,000 Agent For First American Ti
160 White Horse Llc $125,000 None Available
Sms Financial Xxix Llc -- None Available
Cuff Eugene -- E Land Title Solutions
Gallagher Walter $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Given Not $231,000
Previous Owner Patriot Property Holdings Llc $128,000
Previous Owner Cuff Eugene $1,560,000
Previous Owner Gallagher Walter $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2023 02/03/23 Sold $375,000 -6.2% $277 / Sq Ft
11/17/2022 11/17/22 For Sale $399,900 +6.6% $295 / Sq Ft
08/29/2022 08/29/22 Off Market $375,000 -- --
07/11/2022 07/11/22 For Sale $425,000 +136.1% $313 / Sq Ft
01/30/2015 01/30/15 Sold $180,000 -10.0% --
02/15/2014 02/15/14 Pending -- -- --
06/05/2012 06/05/12 For Sale $199,900 -- --
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
2024 $5,245 $197,400 $56,300 $141,100
2023 $5,245 $158,800 $56,300 $102,500
2022 $5,163 $158,800 $56,300 $102,500
2021 $5,547 $158,800 $56,300 $102,500
2020 $4,975 $158,800 $56,300 $102,500
2019 $4,867 $158,800 $56,300 $102,500
2018 $4,824 $158,800 $56,300 $102,500
2017 $4,704 $158,800 $56,300 $102,500
2016 $4,294 $158,800 $56,300 $102,500
2015 $5,845 $126,000 $40,500 $85,500
2014 $5,747 $126,000 $40,500 $85,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2019574

Bright MLS

APN: 03-02489-0000-00016