NOT LISTED FOR SALE

2 Preston Way Trenton, NJ 08619

Estimated Value: $617,000 - $711,000

5 Beds
4 Baths
2,916 Sq Ft
$223/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $444,900 $153 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,581/month

25 Days on Market

Highlights

  • Private Pool
  • Colonial Architecture
  • No HOA
  • 0.74 Acre Lot
  • Wood Flooring
  • Family Room Off Kitchen

About This Home

As of August 2020

Don t miss an opportunity to own this wonderful custom-built Mercerville home located on a quiet street in close proximity to major shopping, Routes 295, 195, and Route 1. The interior of this 5-bedroom, 4-bathroom, expanded colonial has been graciously updated and lovingly maintained and offers a neutral color palette. As you enter the home, you are greeted by a welcoming living room/dining room combination with a white brick wood-burning fireplace and matching chandelier and wall sconce accents. The home opens to a streamlined kitchen with stainless steel appliances, loads of counter space, earth tone ceramic tile flooring, recessed lighting, and an adjacent breakfast room. An impressive space for large gatherings, the great room, with deep rich wide-plank floors, offers plenty of opportunities for entertaining and direct access to the covered porch, backyard, and pool area. The basement is a practical, finished space including a bar and recreation area along with room for the utilities. (The home has a 2-zoned HVAC system and two water heaters.) With an eye toward future flexibility, the first floor features two adjacent bedrooms that could easily be converted into a cozy in-law suite or a private in-home office. The second floor of the home contains three additional bedrooms (including the master) and two full bathrooms. The master bedroom is a luxurious space with soaring vaulted ceilings, recessed lighting, a large walk-in closet, and well-appointed bath with Jacuzzi tub, all ensuite. The exterior of the home offers a maintenance-free vinyl siding along with mature landscaping. And if that s not enough, the rear of the home is a super private oasis with a beautiful deck-side, built-in pool and a large covered elevated deck for lots of warm weather entertaining; the lighted basketball court will be a favorite with the kids! Located in the shadow of Mercer County Park, the crown jewel of the Mercer County Park System, this property also sits barely three miles from the Hamilton Train Station.

Last Agent to Sell the Property

Rocco Balsamo

Corcoran Sawyer Smith Listed on: 06/26/2020

Last Buyer's Agent

Jeanette Larkin

Keller Williams Premier License #0895504

Keller Williams Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,884

Year Built

  • Built in 1957 | Remodeled in 2005

Lot Details

  • 0.74 Acre Lot
  • Lot Dimensions are 81.00 x 200.00

Parking

  • 2 Car Attached Garage
  • 3 Driveway Spaces
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 2,916 Sq Ft Home
  • Property has 2 Levels
  • Recessed Lighting
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Wood Flooring
  • Partially Finished Basement
  • Partial Basement
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet

Pool

  • Private Pool

Schools

  • Hamilton North-Nottingham High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Mercerville Subdivision

Listing and Financial Details

  • Tax Lot 00087
  • Assessor Parcel Number 03-01614-00087

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,884

Year Built

Built in 1957 | Remodeled in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1957
  • Year Renovated: 2005
  • Automatically Close On Close Date: No
  • Remarks Public: Don t miss an opportunity to own this wonderful custom-built Mercerville home located on a quiet street in close proximity to major shopping, Routes 295, 195, and Route 1. The interior of this 5-bedroom, 4-bathroom, expanded colonial has been graciously updated and lovingly maintained and offers a neutral color palette. As you enter the home, you are greeted by a welcoming living room/dining room combination with a white brick wood-burning fireplace and matching chandelier and wall sconce accents. The home opens to a streamlined kitchen with stainless steel appliances, loads of counter space, earth tone ceramic tile flooring, recessed lighting, and an adjacent breakfast room. An impressive space for large gatherings, the great room, with deep rich wide-plank floors, offers plenty of opportunities for entertaining and direct access to the covered porch, backyard, and pool area. The basement is a practical, finished space including a bar and recreation area along with room for the utilities. (The home has a 2-zoned HVAC system and two water heaters.) With an eye toward future flexibility, the first floor features two adjacent bedrooms that could easily be converted into a cozy in-law suite or a private in-home office. The second floor of the home contains three additional bedrooms (including the master) and two full bathrooms. The master bedroom is a luxurious space with soaring vaulted ceilings, recessed lighting, a large walk-in closet, and well-appointed bath with Jacuzzi tub, all ensuite. The exterior of the home offers a maintenance-free vinyl siding along with mature landscaping. And if that s not enough, the rear of the home is a super private oasis with a beautiful deck-side, built-in pool and a large covered elevated deck for lots of warm weather entertaining; the lighted basketball court will be a favorite with the kids! Located in the shadow of Mercer County Park, the crown jewel of the Mercer County Park System, this property also sits barely three miles from the Hamilton Train Station.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Combination Dining/Living, Family Room Off Kitchen, Kitchen - Eat-In, Primary Bath(s), Recessed Lighting, Walk-In Closet(s), Wood Floors
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Partial, Partially Finished
  • Total Sq Ft: 2916
  • Living Area Sq Ft: 2916
  • Price Per Sq Ft: 154.29
  • Above Grade Finished Sq Ft: 2916
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 3

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: HAMILTON TOWNSHIP
  • High School: HAMILTON NORTH-NOTTINGHAM H.S.
  • High School Source: Listing Agent
  • School District Key: 300200396172
  • School District Source: Listing Agent
  • High School: HAMILTON NORTH-NOTTINGHAM H.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 257900.00
  • Land Assessed Value: 90400.00
  • Lot Size Acres: 0.74
  • Lot Dimensions: 81.00 x 200.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 32234.40
  • Year Assessed: 2019
  • Zoning: RES

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 2087357
  • Tax Annual Amount: 10884.00
  • Assessor Parcel Number: 03-01614-00087
  • Tax Lot: 00087
  • Tax Total Finished Sq Ft: 2916
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 08/28/2020

MLS Schools

  • School District Name: HAMILTON TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2022
Sold by
Preston Realty Llc
Bought by
Schlesinger Esther
Current Estimated Value
$650,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
4.55%

Purchase Details

Listed on
Jun 26, 2020
Closed on
Aug 28, 2020
Sold by
Salzano Gennaro J and Salzano Manuela
Bought by
Preston Realty Llc
Seller's Agent
Rocco Balsamo
Corcoran Sawyer Smith
Buyer's Agent
Jeanette Larkin
Keller Williams Premier
List Price
$449,900
Sold Price
$444,900
Premium/Discount to List
-$5,000
-1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%

Purchase Details

Closed on
Oct 26, 2018
Sold by
Salzano Joseph and Salzano Melissa A
Bought by
Salzano Gennaro J and Salzano Manuela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2003
Sold by
Salzano Joseph
Bought by
Salzano Joseph and Salzano Melissa

Purchase Details

Closed on
May 28, 1997
Sold by
Mason Joseph
Bought by
Salzano Joseph and Eaton Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
8.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Schlesinger Esther $481,200 Universal Title
Preston Realty Llc $444,900 Madison Title Agency Llc
Salzano Gennaro J $360,000 Platinum Abstract Co
Salzano Joseph -- --
Salzano Joseph $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schlesinger Esther $453,750
Closed Schlesinger Esther $470,000
Previous Owner Salzano Gennaro J $215,000
Previous Owner Salzano Joseph $25,600
Previous Owner Salzano Joseph $3,542,500
Previous Owner Salzano Joseph $100,000
Previous Owner Salzano Joseph $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $444,900 -1.1% $153 / Sq Ft
07/21/2020 07/21/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $449,900 -- $154 / 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 $11,504 $348,300 $90,400 $257,900
2023 $11,504 $348,300 $90,400 $257,900
2022 $11,323 $348,300 $90,400 $257,900
2021 $12,410 $348,300 $90,400 $257,900
2020 $11,156 $348,300 $90,400 $257,900
2019 $10,884 $348,300 $90,400 $257,900
2018 $10,756 $348,300 $90,400 $257,900
2017 $10,526 $348,300 $90,400 $257,900
2016 $9,418 $348,300 $90,400 $257,900
2015 $10,662 $224,500 $63,000 $161,500
2014 $10,509 $224,500 $63,000 $161,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME297368

Bright MLS

APN: 03-01614-0000-00087