NOT LISTED FOR SALE

1615 E State St Trenton, NJ 08609

Estimated Value: $264,000 - $334,000

-- Bed
-- Bath
1,564 Sq Ft
$186/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $167,000 $107 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,985/month

3 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 5-minute walk to Farmingdale Park

About This Home

As of May 2021

Hamilton Township. Two unit multi family home. Long term tenants. . First floor 1000.00/month and second floor rented for 850. 00. Separate utilities. Great opportunity for investor looking for Hamilton . Being sold As Is. Buyer responsible for CO.

Last Agent to Sell the Property

Joseph Baylis

Weichert Realtors-Princeton Junction License #NJ-8439869 Listed on: 03/02/2021

Weichert Realtors-Princeton Junction

Last Buyer's Agent

Non Member Member

Metropolitan Regional Information Systems, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,393

Year Built

  • Built in 1930

Lot Details

  • 6,600 Sq Ft Lot
  • Lot Dimensions are 40.00 x 165.00

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 1,564 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 03-01732-00003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,393

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Remarks Public: Hamilton Township. Two unit multi family home. Long term tenants. . First floor 1000.00/month and second floor rented for 850. 00. Separate utilities. Great opportunity for investor looking for Hamilton . Being sold As Is. Buyer responsible for CO.
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 1564
  • Living Area Sq Ft: 1564
  • Price Per Sq Ft: 119.57
  • Above Grade Finished Sq Ft: 1564
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1615

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • 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: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Lot Size Acres: 0.15
  • Lot Dimensions: 40.00 x 165.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6600.00
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2090543
  • Tax Annual Amount: 4393.00
  • Assessor Parcel Number: 03-01732-00003
  • Tax Year: 2019
  • Close Date: 05/21/2021

MLS Schools

  • School District Name: HAMILTON TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2021
Closed on
May 14, 2021
Sold by
Iqbal Rehan
Bought by
Almonte Sandy O
Seller's Agent
Joseph Baylis
Weichert Realtors-Princeton Junction
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$187,000
Sold Price
$167,000
Premium/Discount to List
-$20,000
-10.7%
Current Estimated Value
$297,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,457
Avg. Annual Appreciation
13.24%
Original Mortgage
$170,000
Outstanding Balance
$155,689
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$126,852

Purchase Details

Closed on
Nov 30, 2004
Sold by
Chianese Joseph
Bought by
Iqbal Rehan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,800
Interest Rate
5.75%

Purchase Details

Closed on
Feb 19, 2004
Sold by
Perlingiero Ronald
Bought by
Chianese Joseph
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
Almonte Sandy O $167,000 Acquired Title Svcs
Iqbal Rehan $161,000 --
Chianese Joseph $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Almonte Sandy O $170,000
Previous Owner Iqbal Rehan $128,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $167,000 -10.7% $107 / Sq Ft
03/05/2021 03/05/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $187,000 -- $120 / 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
2024 $4,274 $129,400 $22,600 $106,800
2023 $4,274 $129,400 $22,600 $106,800
2022 $4,207 $129,400 $22,600 $106,800
2021 $4,973 $129,400 $22,600 $106,800
2020 $4,507 $129,400 $22,600 $106,800
2019 $4,393 $129,400 $22,600 $106,800
2018 $4,281 $129,400 $22,600 $106,800
2017 $4,169 $129,400 $22,600 $106,800
2016 $3,499 $129,400 $22,600 $106,800
2015 $3,039 $60,300 $15,700 $44,600
2014 $2,979 $60,300 $15,700 $44,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2000084

Bright MLS

APN: 03-01732-0000-00003