NOT LISTED FOR SALE

1656 Pennington Rd Ewing, NJ 08618

Braeburn Heights Neighborhood

Estimated Value: $349,777 - $407,000

Studio
-- Bath
1,752 Sq Ft
$221/Sq Ft Est. Value

Sale Details

Date Sold: July 24, 2019

Last sale price $235,000 $134 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,737 / mo

6 Days on Market

Highlights

  • Rambler Architecture
  • No HOA
  • Radiator

About This Home

As of July 2019

Great 2-unit Investment Property! Near College of New Jersey. Unit 1 has 4 bedrooms, a full bath and an update kitchen. Unit 2, has 2 bedrooms, a full bath and a kitchen. A new roof was installed in 2018, a new driveway was in 2017 and 3-zoned gas heater. This property includes a garage that currently provides additional rental income.

Last Agent to Sell the Property

Lisa Jordan

(609) 883-4161 david@depaola.com David DePaola and Company Real Estate License #0676451 Listed on: 05/31/2019

Last Buyer's Agent

Lisa Jordan

(609) 883-4161 david@depaola.com David DePaola and Company Real Estate License #0676451 Listed on: 05/31/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,041

Year Built

  • Built in 1920

Lot Details

  • 9,225 Sq Ft Lot
  • Lot Dimensions are 50.00 x 184.50

Parking

  • Driveway

Home Design

  • 1,752 Sq Ft Home
  • Duplex
  • Rambler Architecture
  • Frame Construction
  • Shingle Roof

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • No Septic System

Listing and Financial Details

  • The owner pays for insurance, lawn/shrub care, sewer, water
  • Tax Lot 00005
  • Assessor Parcel Number 02-00145-00005

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 1-Story Building

Building Details

  • Insurance Expense $1,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,041

Year Built

Built in 1920

Lot Details

9,225 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2019-05-31
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Total Sq Ft: 1752
  • Living Area Sq Ft: 1752
  • Price Per Sq Ft: 114.10
  • Above Grade Finished Sq Ft: 1752
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Shingle
  • 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

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: No Septic System
  • 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: 100900.00
  • Land Assessed Value: 32400.00
  • Lot Size Acres: 0.21
  • Lot Dimensions: 50.00 x 184.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9225.00
  • Zoning: BN

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Insurance, Lawn/Shrub Care, Sewer, Water
  • Total Actual Rent: 36300.00
  • Units Leased Count: 2
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 2075364
  • Tax Annual Amount: 7041.00
  • Assessor Parcel Number: 02-00145-00005
  • Tax Lot: 00005
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: EWING TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2021
Sold by
Guerriero Anthony
Bought by
Guerriero Anthony and Guerriero Jeanmarie
Current Estimated Value
$387,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,500
Outstanding Balance
$160,517
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$227,177

Purchase Details

Listed on
May 31, 2019
Closed on
Jul 24, 2019
Sold by
Lawall Kenneth and Lawall Joann
Bought by
Guerriera Anthony
Seller's Agent
Lisa Jordan
David DePaola and Company Real Estate
Buyer's Agent
Lisa Jordan
David DePaola and Company Real Estate
List Price
$199,900
Sold Price
$235,000
Premium/Discount to List
$35,100
17.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.65%

Purchase Details

Closed on
Nov 1, 2005
Sold by
Lapetz John
Bought by
Lawall Kenneth and Lawall Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.14%
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
Guerriero Anthony -- Oceanview Title Agency Llc
Guerriera Anthony $235,000 None Available
Lawall Kenneth $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guerriero Anthony $177,500
Previous Owner Lawall Kenneth $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2019 07/24/19 Sold $235,000 +17.6% $134 / Sq Ft
06/07/2019 06/07/19 Pending -- -- --
05/31/2019 05/31/19 For Sale $199,900 -- $114 / Sq Ft
Source: Bright MLS

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 $8,177 $207,900 $43,000 $164,900
2024 $7,686 $207,900 $43,000 $164,900
2023 $7,686 $207,900 $43,000 $164,900
2022 $7,478 $207,900 $43,000 $164,900
2021 $7,295 $207,900 $43,000 $164,900
2020 $7,191 $207,900 $43,000 $164,900
2019 $5,748 $170,600 $43,000 $127,600
2018 $7,041 $133,300 $32,400 $100,900
2017 $7,205 $133,300 $32,400 $100,900
2016 $7,108 $133,300 $32,400 $100,900
2015 $7,013 $133,300 $32,400 $100,900
2014 $6,994 $133,300 $32,400 $100,900
Source: Public Records

Agents Affiliated with this Home

  • Lisa Jordan

    Seller's Agent in 2019

    Lisa Jordan

    David DePaola and Company Real Estate

    (609) 658-6754

    1 in this area

    68 Total Sales

    Lisa Jordan
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Map

Source: Bright MLS

MLS Number: NJME279482

Bright MLS

APN: 02-00145-0000-00005

New Jersey Mercer County Ewing 08618 Braeburn Heights

1656 Pennington Rd, Ewing, NJ

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