NOT LISTED FOR SALE

161 E Franklin St Trenton, NJ 08610

Estimated Value: $318,000 - $389,000

-- Bed
-- Bath
2,268 Sq Ft
$154/Sq Ft Est. Value

Last Sold April 17, 2023

Last sale price $313,200 $138 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,219/month

6 Days on Market

Highlights

  • Colonial Architecture
  • Main Floor Bedroom
  • Ceiling Fan
  • Wood Flooring
  • Eat-In Kitchen
  • Hot Water Baseboard Heater

About This Home

As of April 2023

MULTIPLE OFFERS, Highest and best by Monday March 20 at 5:00. What a great opportunity to own a unique multi . Great space in both units, just a little imagination is necessary. This sits on a 50 x 100 lot, with off street parking for several vehicles. The downstairs unit is 2 bedrooms, a large eat in kitchen, a laundry room off the kitchen, and a screened in porch off the kitchen with a privacy fence from the driveway. Plenty of storage in the basement along with bilco doors for easy access. The upstairs unit , access in the rear, has 2 bedrooms, nice size kitchen with pantry and a walk up attic for plenty of storage. There are hardwood floors throughout the house. This is a great opportunity to meld family together or live in one and rent the other to help with the expenses. This is being sold as is , where is, the buyer is responsible for obtaining the Certificate of occupancy and all certifications and repairs.

Last Agent to Sell the Property

Margaret Panaro

(609) 575-0312 maggi58@aol.com BHHS Fox & Roach - Robbinsville License #9592470 Listed on: 03/16/2023

BHHS Fox & Roach - Robbinsville

Last Buyer's Agent

Marlene Flesch

(609) 424-2790 marlene0630@hotmail.com Smires & Associates License #2183212

Smires & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,109

Year Built

  • Built in 1917

Lot Details

  • 5,001 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00

Home Design

  • Duplex
  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • Main Floor Bedroom
  • 2,268 Sq Ft Home
  • Ceiling Fan
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • Driveway
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Cooling System Utilizes Natural Gas
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • 2 Vacant Units

Listing and Financial Details

  • Tax Lot 00018
  • Assessor Parcel Number 03-02068-00018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,109

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1917
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Carpet, Ceiling Fan(s), Entry Level Bedroom, Kitchen - Eat-In, Pantry, Wood Floors
  • Room Count: 9
  • Basement: Yes
  • Basement Type: Full, Interior Access, Outside Entrance
  • Total Sq Ft: 2268
  • Living Area Sq Ft: 2268
  • Price Per Sq Ft: 121.21
  • Above Grade Finished Sq Ft: 2268
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 161

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • 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, Off Street, On Street

Utilities

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

Schools

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

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5001.00
  • Year Assessed: 2022
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 2

Tax Info

  • Tax Annual Amount: 4109.00
  • Assessor Parcel Number: 03-02068-00018
  • Tax Lot: 00018
  • Tax Total Finished Sq Ft: 2268
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/17/2023

MLS Schools

  • School District Name: HAMILTON TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
Apr 14, 2023
Sold by
Rust Vincent L
Bought by
Lopez Aristides Vasquez
Seller's Agent
Margaret Panaro
BHHS Fox & Roach - Robbinsville
Buyer's Agent
Marlene Flesch
Smires & Associates
List Price
$274,900
Sold Price
$313,200
Premium/Discount to List
$38,300
13.93%
Views
69
Current Estimated Value
$348,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,376
Avg. Annual Appreciation
4.45%
Original Mortgage
$250,560
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2000
Sold by
South Catherine
Bought by
Rust Vincent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.1%
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
Lopez Aristides Vasquez $313,200 Surety Title
Rust Vincent $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lopez Aristides Vasquez $250,560
Previous Owner Rust Vincent $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2023 04/17/23 Sold $313,200 +13.9% $138 / Sq Ft
03/22/2023 03/22/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $274,900 -12.2% $121 / Sq Ft
03/16/2023 03/16/23 Off Market $313,200 -- --
03/16/2023 03/16/23 For Sale $274,900 -- $121 / 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
2025 $4,454 $126,400 $28,500 $97,900
2024 $4,175 $126,400 $28,500 $97,900
2023 $4,175 $126,400 $28,500 $97,900
2022 $4,109 $126,400 $28,500 $97,900
2021 $5,085 $126,400 $28,500 $97,900
2020 $4,630 $126,400 $28,500 $97,900
2019 $4,494 $126,400 $28,500 $97,900
2018 $4,434 $126,400 $28,500 $97,900
2017 $4,237 $126,400 $28,500 $97,900
2016 $3,418 $126,400 $28,500 $97,900
2015 $5,667 $108,800 $25,000 $83,800
2014 $5,593 $108,800 $25,000 $83,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2027728

Bright MLS

APN: 03-02068-0000-00018