NOT LISTED FOR SALE

1610 E State St Trenton, NJ 08609

Estimated Value: $310,000 - $492,000

-- Bed
-- Bath
1,812 Sq Ft
$208/Sq Ft Est. Value

Last Sold June 19, 2021

Last sale price $202,700 $112 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $2,367/month

22 Days on Market

Highlights

  • No HOA
  • Dwelling with Separate Living Area
  • 4-minute walk to Farmingdale Park
  • Central Heating and Cooling System
  • Carpet

About This Home

As of June 2021

Calling all investors! This 10 Cap duplex with long term tenants cash flows like a dream. Both units are 3 bed 1 bath and both units are currently paying $1200/mo. The first floor unit has access to a full basement with washer and dryer. See attached Profit and Loss for financial details. The duplex was fully renovated just 4 years ago.

Last Agent to Sell the Property

Ronnie Glomb

(855) 600-2465 ronnie@yourtownbroker.com Your Town Realty Listed on: 04/12/2021

Last Buyer's Agent

Natalie Vane

(609) 325-1705 natalie.s.vane@gmail.com Weichert Realtors - Princeton License #1647304

Weichert Realtors - Princeton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,528

Year Built

  • Built in 1920

Lot Details

  • 2,200 Sq Ft Lot
  • Lot Dimensions are 22.00 x 100.00

Home Design

  • Duplex
  • Flat Roof Shape
  • Frame Construction

Interior Spaces

  • Carpet
  • Basement Fills Entire Space Under The House

Parking

  • Alley Access
  • On-Street Parking

Additional Homes

  • Dwelling with Separate Living Area

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • The owner pays for sewer, water
  • Tax Lot 00053
  • Assessor Parcel Number 03-01729-00053

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,528

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Dwelling W/Separate Living Area
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Flooring Type: Carpet
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2762
  • Living Area Sq Ft: 1812
  • Price Per Sq Ft: 124.17
  • Above Grade Finished Sq Ft: 1812
  • Below Grade Sq Ft: 950
  • Total Below Grade Sq Ft: 950
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Alley, On Street

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 55700.00
  • Land Assessed Value: 17300.00
  • Lot Size Acres: 0.05
  • Lot Dimensions: 22.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2200.00

Rental Info

  • Owner Pays: Sewer, Water
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 2090509
  • Tax Annual Amount: 2528.00
  • Assessor Parcel Number: 03-01729-00053
  • Tax Lot: 00053
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: HAMILTON TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2021
Closed on
Jun 18, 2021
Sold by
Cjg Real Estate Llc
Bought by
Yun Jason
Seller's Agent
Ronnie Glomb
Your Town Realty
Buyer's Agent
Natalie Vane
Weichert Realtors - Princeton
List Price
$225,000
Sold Price
$202,700
Premium/Discount to List
-$22,300
-9.91%
Current Estimated Value
$377,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,663
Avg. Annual Appreciation
14.70%
Original Mortgage
$152,000
Outstanding Balance
$137,016
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$240,347

Purchase Details

Listed on
Jan 24, 2018
Closed on
Apr 3, 2018
Sold by
Us Bank National Assocaiton
Bought by
Cig Real Estate
Seller's Agent
Richard Beaumont
Realty 365
Buyer's Agent
Jolon Davis
Keller Williams Realty - Moorestown
List Price
$69,900
Sold Price
$66,750
Premium/Discount to List
-$3,150
-4.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.35%

Purchase Details

Closed on
Jan 20, 2012
Sold by
Pascucci Jonah and Pascucci Marc
Bought by
Hamilton Twp

Purchase Details

Closed on
Sep 10, 2007
Sold by
Pierre Johhny J
Bought by
Pascucci Jonah and Pascucci Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,190
Interest Rate
6.65%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yun Jason $202,700 E Title Solutions
Yun Jason $202,700 E Title Solutions
Yun Jason $202,700 E Title Solutions
Cig Real Estate $66,750 None Available
Hamilton Twp $332 None Available
Pascucci Jonah $160,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yun Jason $152,000
Closed Yun Jason $152,000
Previous Owner Pascucci Jonah $152,190
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/19/2021 06/19/21 Sold $202,700 -9.9% $112 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $225,000 0.0% $124 / Sq Ft
03/15/2019 03/15/19 Rented $1,250 0.0% --
03/07/2019 03/07/19 Under Contract -- -- --
02/13/2019 02/13/19 For Rent $1,250 0.0% --
04/06/2018 04/06/18 Sold $66,750 +2.9% $37 / Sq Ft View Prior Sale
03/29/2018 03/29/18 Pending -- -- --
03/09/2018 03/09/18 Price Changed $64,900 -7.2% $36 / Sq Ft
01/24/2018 01/24/18 For Sale $69,900 -- $39 / 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 $4,757 $135,000 $17,300 $117,700
2024 $4,459 $135,000 $17,300 $117,700
2023 $4,459 $135,000 $17,300 $117,700
2022 $4,389 $135,000 $17,300 $117,700
2021 $5,188 $73,000 $17,300 $55,700
2020 $2,543 $73,000 $17,300 $55,700
2019 $2,478 $73,000 $17,300 $55,700
2018 $2,415 $73,000 $17,300 $55,700
2017 $2,352 $73,000 $17,300 $55,700
2016 $1,974 $73,000 $17,300 $55,700
2015 $4,031 $80,000 $8,800 $71,200
2014 $3,953 $80,000 $8,800 $71,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME310656

Bright MLS

APN: 03-01729-0000-00053