NOT LISTED FOR SALE

194 Millerick Ave Lawrence Township, NJ 08648

Estimated Value: $390,000 - $445,000

-- Bed
-- Bath
1,628 Sq Ft
$257/Sq Ft Est. Value

Last Sold September 04, 2015

Last sale price $175,000 $107 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $2,870/month

22 Days on Market

Highlights

  • No HOA
  • 3 Car Detached Garage
  • En-Suite Primary Bedroom
  • Lawrence High School Rated A-
  • Parking Storage or Cabinetry
  • Heating System Uses Oil

About This Home

As of September 2015

Great opportunity to own a two unit building in Lawrenceville. First floor unit has 2 bedrooms, 1 bath, living room, dining room, huge eat in kitchen and access to the basement for additional storage. The second floor unit has 1 bedroom, 1 bath, living room, eat in kitchen and access to the huge walk up attic for storage. The attic has the possibility to be finished for additional living space. There is a 3 car detached garage that could offer additional rental income or storage. Located on a quiet street but close to all major roadways, TCNJ and minutes from Rider University.

Last Agent to Sell the Property

Justin Reed

Smires & Associates Listed on: 07/13/2015

Smires & Associates

Last Buyer's Agent

Justin Reed

Smires & Associates Listed on: 07/13/2015

Smires & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,183

Year Built

  • Built in 1940

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 50x200
  • Property is in good condition

Parking

  • 3 Car Detached Garage
  • Parking Storage or Cabinetry
  • Shared Driveway
  • On-Street Parking

Home Design

  • Converted Dwelling
  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,628 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storage In Attic
  • Laundry in unit

Utilities

  • Heating System Uses Oil
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $6,183

Listing and Financial Details

  • Tax Lot 00019
  • Assessor Parcel Number 07-02405-00019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,183

Year Built

Built in 1940

Lot Details

0

Parking

3

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • Inclusions: Refrigerators, Washer And Dryer As Exist.
  • New Construction: No
  • Storage: Basement, Attic, Garage
  • Year Built: 1940
  • Remarks Public: Great opportunity to own a two unit building in Lawrenceville. First floor unit has 2 bedrooms, 1 bath, living room, dining room, huge eat in kitchen and access to the basement for additional storage. The second floor unit has 1 bedroom, 1 bath, living room, eat in kitchen and access to the huge walk up attic for storage. The attic has the possibility to be finished for additional living space. There is a 3 car detached garage that could offer additional rental income or storage. Located on a quiet street but close to all major roadways, TCNJ and minutes from Rider University.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Dryer In Unit
  • Total Sq Ft: 1628
  • Living Area Sq Ft: 1628
  • Price Per Sq Ft: 116.55
  • Above Grade Finished Sq Ft: 1628
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 194

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Street, Shared Driveway
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: On Street, Driveway, Detached Garage

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: LAWRENCE TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200397290

Lot Info

  • Improvement Assessed Value: 152200.00
  • Land Assessed Value: 83800.00
  • Lot Size Acres: 0.23
  • Lot Dimensions: 50X200
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10000.00
  • Property Condition: Good
  • Zoning: R-4

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 2129712
  • Tax Annual Amount: 6183.00
  • Assessor Parcel Number: 07-02405-00019
  • Tax Lot: 00019
  • Tax Year: 2014
  • Close Date: 09/04/2015

MLS Schools

  • School District Name: LAWRENCE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2015
Closed on
Aug 31, 2015
Sold by
Nelson Charlotte Ann and Elnicki Eva
Bought by
194 Millerick Avenue Llc
Seller's Agent
Justin Reed
Smires & Associates
Buyer's Agent
Justin Reed
Smires & Associates
List Price
$189,750
Sold Price
$175,000
Premium/Discount to List
-$14,750
-7.77%
Total Days on Market
22
Current Estimated Value
$418,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,183
Avg. Annual Appreciation
9.08%
Original Mortgage
$215,000
Interest Rate
4.01%
Mortgage Type
New Conventional
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
194 Millerick Avenue Llc $175,000 Tohickon Abstract Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 194 Millerick Avenue Llc $300,000
Closed 194 Millerick Avenue Llc $215,000
Previous Owner King Thomas J $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2015 09/04/15 Sold $175,000 -7.8% $107 / Sq Ft
08/04/2015 08/04/15 Pending -- -- --
07/13/2015 07/13/15 For Sale $189,750 -- $117 / 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 $7,311 $236,000 $83,800 $152,200
2024 $7,165 $236,000 $83,800 $152,200
2023 $7,165 $236,000 $83,800 $152,200
2022 $7,035 $236,000 $83,800 $152,200
2021 $6,945 $236,000 $83,800 $152,200
2020 $6,849 $236,000 $83,800 $152,200
2019 $6,761 $236,000 $83,800 $152,200
2018 $6,608 $236,000 $83,800 $152,200
2017 $6,577 $236,000 $83,800 $152,200
2016 $6,481 $236,000 $83,800 $152,200
2015 $6,051 $236,000 $83,800 $152,200
2014 $5,933 $236,000 $83,800 $152,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002655436

Bright MLS

APN: 07-02405-0000-00019