224 Farnsworth Ave Bordentown, NJ 08505
--
Bed
--
Bath
4,025
Sq Ft
1,742
Sq Ft Lot
Highlights
- Colonial Architecture
- Wood Siding
- 3-minute walk to West Street Park
- Wood Flooring
- Radiator
About This Home
As of September 2024Come and discover this up and coming town of Bordentown City! A great investment opportunity to own this 3-story well maintained building that is fully occupied with 4 apartments plus a commercial retail store front. Located in the heart of Bordentown City, this building is in a prime location on Farnsworth Ave just steps from the "Restaurant Row". Features include hard wired alarm system, fire escape, State of NJ housing inspections are up to date. Close to all major highways including Routes 130,206,295, and the New Jersey Turnpike. Walking distance to the light rail. Don't miss out on this unique chance to own a piece of Bordentown City's history!
Last Agent to Sell the Property
CB Schiavone & Associates License #9588811 Listed on: 07/05/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,249
Year Built
- Built in 1856
Lot Details
- 1,742 Sq Ft Lot
Home Design
- Quadruplex
- Colonial Architecture
- Brick Exterior Construction
- Stone Foundation
- Wood Siding
Interior Spaces
- 4,025 Sq Ft Home
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Carpet
- Tile or Brick
Parking
- Public Parking
- On-Street Parking
Schools
- Clara Barton Elementary School
- Bordentown Regional High School
Utilities
- Window Unit Cooling System
- Radiator
- Heating System Uses Oil
- Electric Water Heater
Community Details
- 4 Units
- 3-Story Building
Listing and Financial Details
- Tax Lot 00010
- Assessor Parcel Number 03-01003-00010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 5, 2024
Closed on
Sep 23, 2024
Sold by
Malison Joseph and Malison Cynthia Harms
Bought by
Ciarrocca Paul D
Seller's Agent
David Schiavone
CB Schiavone & Associates
Buyer's Agent
David Schiavone
CB Schiavone & Associates
List Price
$725,000
Sold Price
$700,000
Premium/Discount to List
-$25,000
-3.45%
Views
21
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,833
Avg. Annual Appreciation
1.89%
Original Mortgage
$240,000
Outstanding Balance
$220,072
Interest Rate
8%
Mortgage Type
Seller Take Back
Estimated Equity
$490,761
Purchase Details
Closed on
May 8, 1997
Sold by
Breitinger Eleanor S
Bought by
Malison Joseph and Malison Cynthia Harms
Similar Home in Bordentown, NJ
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $700,000 | Westcor Land Title | |
| Deed | $123,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $240,000 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | For Rent | $1,450 | 0.0% | -- |
| 09/26/2024 09/26/24 | Sold | $700,000 | -3.4% | $174 / Sq Ft |
| 07/05/2024 07/05/24 | For Sale | $725,000 | -- | $180 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $11,652 | $330,000 | $81,700 | $248,300 |
| 2023 | $11,652 | $330,000 | $81,700 | $248,300 |
| 2022 | $11,250 | $330,000 | $81,700 | $248,300 |
| 2021 | $11,385 | $330,000 | $81,700 | $248,300 |
| 2020 | $11,471 | $330,000 | $81,700 | $248,300 |
| 2019 | $11,603 | $330,000 | $81,700 | $248,300 |
| 2018 | $11,431 | $330,000 | $81,700 | $248,300 |
| 2017 | $11,098 | $330,000 | $81,700 | $248,300 |
| 2016 | $10,992 | $330,000 | $81,700 | $248,300 |
| 2015 | $10,913 | $330,000 | $81,700 | $248,300 |
| 2014 | $10,392 | $330,000 | $81,700 | $248,300 |
Source: Public Records
Agents Affiliated with this Home
-
David Schiavone
Seller's Agent in 2025
David Schiavone
CB Schiavone & Associates
(609) 731-1244
52 in this area
252 Total Sales
Map
Source: Bright MLS
MLS Number: NJBL2067436
APN: 03-01003-0000-00010
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