Seller's Agent in 2020
Robert Dekanski
RE/MAX
(800) 691-0485
13 in this area
2,918 Total Sales
1603 E State St Trenton, NJ 08609
Estimated Value: $263,000 - $744,000
--
Bed
--
Bath
1,888
Sq Ft
$230/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- No HOA
- Bathtub with Shower
- Wood Flooring
- Porch
- 4-minute walk to Farmingdale Park
About This Home
As of December 2020Investors delight! This 'As-Is' multi family home has so much potential & can be a big profit! 2 identical units w/2 BRs, 1 Bath, LR, Dining are and Kitchen. Let your creativity roam free in each unit, as there is plenty of space for updating! HW flrs extend throughout. Re-finish them for a modern look. LR is spacious and has lots of potential. First unit has access to the partially fished basement and the 2nd unit has access to a full attic. Spruce up the rear of the home where there is a covered patio & extensive yard. Lots of space for leisure outdoor activity! This could be a really great investment. Live in one unit while renting out the other, or rent out both for maximum income on the property. All this home needs is a little TLC and your personal touch. Plenty of off street parking. Storage shed out back offers space for your belongings. Plus you're only minutes away from Rt 1, I-295, local conveniences & more. This one is PRICED TO SELL! Don't miss out on this guaranteed money maker! Come and see today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,316
Year Built
- Built in 1920
Lot Details
- 7,350 Sq Ft Lot
- Lot Dimensions are 50.00 x 147.00
- Level Lot
Home Design
- Colonial Architecture
- Shingle Roof
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- Bathtub with Shower
- 1,888 Sq Ft Home
- Ceiling Fan
- Dining Area
- Partially Finished Basement
- Basement Fills Entire Space Under The House
- Gas Oven or Range
Flooring
- Wood
- Ceramic Tile
Parking
- 4 Parking Spaces
- 4 Driveway Spaces
- Private Parking
- Off-Street Parking
Outdoor Features
- Patio
- Outbuilding
- Porch
Schools
- Greenwood Elementary School
- Albert E. Grice Middle School
- Hamilton North-Nottingham High School
Utilities
- Radiator
- Hot Water Heating System
- Natural Gas Water Heater
Listing and Financial Details
- The owner pays for sewer, real estate taxes, heat, water
- Tax Lot 00002
- Assessor Parcel Number 03-01732-00002
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Income includes apartment rentals
- Operating Expense $8,000
- Gross Income $22,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 25, 2020
Closed on
Dec 21, 2020
Sold by
Ahmed Syed
Bought by
Almonte Sandy O
Seller's Agent
Robert Dekanski
RE/MAX 1st Advantage
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$164,900
Sold Price
$150,000
Premium/Discount to List
-$14,900
-9.04%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,941
Avg. Annual Appreciation
19.96%
Original Mortgage
$140,000
Outstanding Balance
$126,554
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$223,022
Purchase Details
Closed on
Jun 29, 2007
Sold by
Stroman Rosa M and Stroman Samuel Stroman
Bought by
Ahmed Syed
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
6.67%
Purchase Details
Closed on
Jan 22, 2007
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Almonte Sandy O | $150,000 | Acquired Title Svcs Llc | |
| Ahmed Syed | -- | -- | |
| -- | $172,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Almonte Sandy O | $140,000 | |
| Previous Owner | Ahmed Syed | $130,600 | |
| Previous Owner | Ahmed Syed | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/21/2020 12/21/20 | Sold | $150,000 | -9.0% | $79 / Sq Ft |
| 10/15/2020 10/15/20 | Pending | -- | -- | -- |
| 09/25/2020 09/25/20 | For Sale | $164,900 | -- | $87 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $5,070 | $201,400 | $28,500 | $172,900 |
| 2023 | $5,070 | $153,500 | $28,500 | $125,000 |
| 2022 | $4,990 | $153,500 | $28,500 | $125,000 |
| 2021 | $5,899 | $153,500 | $28,500 | $125,000 |
| 2020 | $5,346 | $153,500 | $28,500 | $125,000 |
| 2019 | $5,211 | $153,500 | $28,500 | $125,000 |
| 2018 | $5,078 | $153,500 | $28,500 | $125,000 |
| 2017 | $4,946 | $153,500 | $28,500 | $125,000 |
| 2016 | $4,151 | $153,500 | $28,500 | $125,000 |
| 2015 | $4,203 | $83,400 | $19,300 | $64,100 |
| 2014 | $4,121 | $83,400 | $19,300 | $64,100 |
Source: Public Records
Agents Affiliated with this Home
-
-
R
Seller Co-Listing Agent in 2020
Rajat Seth
RE/MAX
(908) 242-0002
4 in this area
283 Total Sales
-
d
Buyer's Agent in 2020
datacorrect BrightMLS
Non Subscribing Office
Map
Source: Bright MLS
MLS Number: NJME302100
APN: 03-01732-0000-00002
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