NOT LISTED FOR SALE

161 Phillips Ave Trenton, NJ 08638

North Trenton Neighborhood

Estimated Value: $222,425 - $259,000

-- Bed
-- Bath
1,734 Sq Ft
$141/Sq Ft Est. Value

Last Sold March 04, 2020

Last sale price $84,000 $48 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $1,683/month

Highlights

  • Colonial Architecture
  • No HOA
  • Walk-Up Access
  • Corner Lot
  • Multi-Tank Hot Water Heater
  • Radiant Heating System

About This Home

As of March 2020

Investors! A multi unit within walking distance of many bus routes, Capital Health Fuld Campus and multiple major highways (Route 1, Route 29, Bridges into PA and Route 295). Has potential for over $2000.00 per month in rental income. TLC to interior and updating needed. Both units occupied on month to month leases. Bring your vision and bring this money making unit into the future. This sale is 'as is', buyers inspections are for their own due diligence! Buyer to obtain the C.O. from the City of Trenton.

Last Agent to Sell the Property

Patrease Leonard

Fathom Realty NJ, LLC License #RS323356 Listed on: 07/23/2019

Fathom Realty NJ, LLC

Last Buyer's Agent

Lorraine Rainer

BHHS Fox & Roach-Princeton Junction

BHHS Fox & Roach-Princeton Junction

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,066

Year Built

  • Built in 1926

Lot Details

  • 1,700 Sq Ft Lot
  • Lot Dimensions are 17.00 x 100.00
  • Corner Lot
  • Property is in below average condition

Parking

  • On-Street Parking

Home Design

  • 1,734 Sq Ft Home
  • Colonial Architecture
  • Fixer Upper
  • Brick Exterior Construction

Kitchen

  • Gas Oven or Range

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Exterior Basement Entry

Utilities

  • Radiant Heating System
  • Multi-Tank Hot Water Heater

Listing and Financial Details

  • The owner pays for real estate taxes, sewer
  • Tax Lot 00030
  • Assessor Parcel Number 11-09004-00030

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 2-Story Building
  • Abbott Commons Subdivision

Building Details

  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,066

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenants personal items.
  • Historic: No
  • Home Warranty: No
  • Inclusions: Refrigerator, Range
  • New Construction: No
  • Year Built: 1926
  • Remarks Public: Investors! A multi unit within walking distance of many bus routes, Capital Health Fuld Campus and multiple major highways (Route 1, Route 29, Bridges into PA and Route 295). Has potential for over $2000.00 per month in rental income. TLC to interior and updating needed. Both units occupied on month to month leases. Bring your vision and bring this money making unit into the future. This sale is 'as is', buyers inspections are for their own due diligence! Buyer to obtain the C.O. from the City of Trenton.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator
  • Fireplace: No
  • Room Count: 10
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Partially Finished, Walkout Stairs
  • Total Sq Ft: 1734
  • Living Area Sq Ft: 1734
  • Price Per Sq Ft: 51.61
  • Above Grade Finished Sq Ft: 1734
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 161

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Heating: Yes
  • Hot Water: Multi-Tank
  • Sewer/Septic System: Public Sewer
  • Utilities: Sewer Available, Water Available, Electric Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: TRENTON PUBLIC SCHOOLS
  • School District Key: 300200396606
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 72200.00
  • Land Assessed Value: 5800.00
  • Lot Features: Corner
  • Lot Size Acres: 0.04
  • Lot Dimensions: 17.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1700.00
  • Property Condition: Below Average, Major Rehab Needed
  • Year Assessed: 2018
  • Zoning: RES
  • Zoning Description: Residential

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 1
  • Owner Pays: Taxes - Real Estate, Sewer
  • Rent Control: No
  • Total Actual Rent: 20904.00
  • Units Leased Count: 2
  • Vacation Rental: No

Multi Family

  • Income Includes: Apartment Rentals

Tax Info

  • Assessor Parcel Number: 2154258
  • Tax Annual Amount: 4066.00
  • Assessor Parcel Number: 11-09004-00030
  • Tax Lot: 00030
  • Tax Total Finished Sq Ft: 1734
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 03/04/2020

MLS Schools

  • School District Name: TRENTON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2025
Sold by
Aron Mordechai
Bought by
211 Emory Llc
Current Estimated Value
$245,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Outstanding Balance
$246,228
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
-$7,201

Purchase Details

Closed on
May 18, 2020
Sold by
211 Emory Llc
Bought by
Aron Mordechai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 23, 2019
Closed on
Apr 7, 2020
Sold by
Greaves Vera H and Randolph Iberia Randolph
Bought by
Din Estates Llc
Seller's Agent
Patrease Leonard
Fathom Realty NJ, LLC
Buyer's Agent
Lorraine Rainer
BHHS Fox & Roach-Princeton Junction
List Price
$95,000
Sold Price
$84,000
Premium/Discount to List
-$11,000
-11.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.78%
Original Mortgage
$108,750
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 23, 2019
Closed on
Mar 4, 2020
Sold by
Din Estates Llc
Bought by
211 Emory Llc
Seller's Agent
Patrease Leonard
Fathom Realty NJ, LLC
Buyer's Agent
Lorraine Rainer
BHHS Fox & Roach-Princeton Junction
List Price
$95,000
Sold Price
$84,000
Premium/Discount to List
-$11,000
-11.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
3.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Jul 23, 2019
Closed on
Mar 2, 2020
Sold by
Din Estates Llc
Bought by
211 Emory Llc
Seller's Agent
Patrease Leonard
Fathom Realty NJ, LLC
Buyer's Agent
Lorraine Rainer
BHHS Fox & Roach-Princeton Junction
List Price
$95,000
Sold Price
$84,000
Premium/Discount to List
-$11,000
-11.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
3.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 29, 2006
Source: Public Records

Range of Values:

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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
211 Emory Llc -- Dekel Abstract
Aron Mordechai -- Old Republic Title
Din Estates Llc $84,000 --
211 Emory Llc $142,000 None Available
211 Emory Llc $142,000 None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 211 Emory Llc $247,500
Previous Owner Aron Mordechai $108,750
Previous Owner 211 Emory Llc $102,000
Previous Owner Din Estates Llc --
Previous Owner Randolph Kenneth H $108,830
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2020 03/04/20 Sold $84,000 -6.1% $48 / Sq Ft
01/28/2020 01/28/20 Price Changed $89,500 -5.8% $52 / Sq Ft
11/22/2019 11/22/19 Price Changed $95,000 0.0% $55 / Sq Ft
11/22/2019 11/22/19 For Sale $95,000 +13.1% $55 / Sq Ft
11/13/2019 11/13/19 Off Market $84,000 -- --
08/15/2019 08/15/19 Pending -- -- --
07/23/2019 07/23/19 For Sale $105,000 -- $61 / 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 $4,525 $78,000 $5,800 $72,200
2024 $4,342 $78,000 $5,800 $72,200
2023 $4,342 $78,000 $5,800 $72,200
2022 $4,257 $78,000 $5,800 $72,200
2021 $4,331 $78,000 $5,800 $72,200
2020 $4,317 $78,000 $5,800 $72,200
2019 $4,248 $78,000 $5,800 $72,200
2018 $4,066 $78,000 $5,800 $72,200
2017 $3,865 $78,000 $5,800 $72,200
2016 $4,246 $73,800 $8,000 $65,800
2015 $4,231 $73,800 $8,000 $65,800
2014 $4,211 $73,800 $8,000 $65,800
Source: Public Records

Agents Affiliated with this Home

  • Patrease Leonard

    Seller's Agent in 2020

    Patrease Leonard

    Fathom Realty NJ, LLC

    (862) 245-1425

    2 in this area

    43 Total Sales

    Patrease Leonard
    Section Image
  • Lorraine Rainer

    Buyer's Agent in 2020

    Lorraine Rainer

    BHHS Fox & Roach

    (609) 915-6526

    1 in this area

    7 Total Sales

    Lorraine Rainer
    Section Image
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Map

Source: Bright MLS

MLS Number: NJME283090

Bright MLS

APN: 11-09004-0000-00030

New Jersey Mercer County Trenton 08638 North Trenton

161 Phillips Ave, Trenton, NJ

This home is located at 161 Phillips Ave, Trenton, NJ 08638 since 23 July 2019 and is currently estimated at $245,106, approximately $141 per square foot. This property was built in 1926. 161 Phillips Ave is a home located in Mercer County with nearby schools including Martin Luther King Jr Elementary School, Luis Munoz Rivera Elementary School, and Trenton Central High School - Main Campus.

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