NOT LISTED FOR SALE

21 Brookside Ave Pennington, NJ 08534

Studio
-- Bath
-- Sq Ft
0.37 Acre Lot

Sale Details

Date Sold: September 29, 2023

Last sale price $1,100,000 $0 Per Sq Ft

9 Days on Market

Highlights

  • Engineered Wood Flooring
  • Corner Lot
  • Property is in excellent condition
  • Hopewell Valley Central High School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of September 2023

This 5 units building on the corner of Brookside Avenue and Green Street in downtown Pennington has 4 apartments and 1 commercial space. All units have leases in place. Parking lot in rear offers ample parking.
Pennington Boro is offers highly rated public schools and several private schools, a variety of restaurants and shops. Convenient to Princeton, route 1, 295/95 and train stations. All showings Friday July 21st 11:00-1:00 and Saturday July 22nd 11:00-1:00

Last Agent to Sell the Property

Susan Thompson

(609) 737-1500 sawyer@corcoranss.com Corcoran Sawyer Smith - Pennington License #785606 Listed on: 07/19/2023

Corcoran Sawyer Smith - Pennington

Last Buyer's Agent

Susan Thompson

(609) 737-1500 sawyer@corcoranss.com Corcoran Sawyer Smith - Pennington License #785606 Listed on: 07/19/2023

Corcoran Sawyer Smith - Pennington

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,339

Year Built

  • Built in 2004

Lot Details

  • 16,117 Sq Ft Lot
  • Corner Lot
  • Property is in excellent condition

Home Design

  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Engineered Wood
  • Carpet
  • Concrete

Basement

  • Basement Fills Entire Space Under The House

Parking

  • Paved Parking
  • Parking Lot

Schools

  • Toll Gate Grammar Elementary School
  • Timberlane Middle School
  • Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for real estate taxes
  • Tax Lot 00001
  • Assessor Parcel Number 08-00204-00001

Community Details

Overview

  • 3-Story Building

Building Details

  • Income includes apartment rentals, shop rentals
  • Gross Income $95,900
  • Net Operating Income $66,675

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,339

Year Built

Built in 2004

Lot Details

0.37 Acres

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: all appliances in each unit, basement laundry for 3 rentals, unit 4 has washer and dryer in unit
  • New Construction: No
  • Expected On Market: 2023-07-21
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Carpet, Engineered Wood, Concrete
  • Fireplace: No
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Full
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking
  • Type Of Parking: Parking Lot

Utilities

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

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: TOLL GATE GRAMMAR SCHOOL
  • High School: CENTRAL
  • Middle Or Junior School: TIMBERLANE

Lot Info

  • Lot Size Acres: 0.37
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16117.00
  • Property Condition: Excellent
  • Zoning: R-A

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Taxes - Real Estate
  • Rent Control: No
  • Total Actual Rent: 95900.00
  • Units Leased Count: 5
  • Vacation Rental: No

Multi Family

  • Gross Income: 95900.00
  • Gross Scheduled Income: 95900.00
  • Income Includes: Apartment Rentals, Shop Rentals
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3

Tax Info

  • Tax Annual Amount: 13339.00
  • Assessor Parcel Number: 08-00204-00001
  • Tax Lot: 00001
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2023 09/29/23 Sold $1,100,000 +4.8% --
07/19/2023 07/19/23 For Sale $1,050,000 +92.7% --
07/01/2019 07/01/19 Sold $545,000 -9.0% -- View Prior Sale
04/07/2019 04/07/19 Pending -- -- --
02/25/2019 02/25/19 Price Changed $599,000 -7.8% --
01/01/2019 01/01/19 For Sale $650,000 +19.3% --
12/31/2018 12/31/18 Off Market $545,000 -- --
12/01/2018 12/01/18 For Sale $650,000 0.0% --
09/23/2017 09/23/17 Rented $975 0.0% --
09/07/2017 09/07/17 Under Contract -- -- --
09/01/2017 09/01/17 For Rent $975 -35.0% --
08/15/2016 08/15/16 Rented $1,500 0.0% --
06/11/2016 06/11/16 Under Contract -- -- --
05/26/2016 05/26/16 For Rent $1,500 +66.7% --
09/01/2012 09/01/12 Rented $900 -5.3% --
08/02/2012 08/02/12 Under Contract -- -- --
07/23/2012 07/23/12 For Rent $950 -- --
Source: Bright MLS

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2032172

Bright MLS
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