NOT LISTED FOR SALE

225 Hamilton Ave Trenton, NJ 08609

Ewing and Carroll Neighborhood

Estimated Value: $270,000 - $632,000

-- Bed
-- Bath
2,610 Sq Ft
$147/Sq Ft Est. Value

Last Sold September 09, 2021

Last sale price $202,000 $77 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,702/month

14 Days on Market

Highlights

  • 0.21 Acre Lot
  • 2 Car Detached Garage
  • Forced Air Heating System
  • No HOA
  • Parking Storage or Cabinetry

About This Home

As of September 2021

Investor Opportunity!! Historic Trenton 3 Unit Building. Fully occupied. Apt 1 is 2 bedroom/1 bath at $850/month. Apt 2 is 3 bedroom/1 bath at $1162/month, Apt 3 is 1 bedroom/1 bath at $750/month and Detached Garage is revenue-producing ($150/month). Property provides fenced parking lot with at least 14 spaces. Just blocks from Trenton Transit Center and major highways. Detailed rent roll can be provided upon request. Photos to come. Property being sold as-is and buyer responsible for certificate of occupancy.

Last Agent to Sell the Property

Lisa Candella-Hulbert

BHHS Fox & Roach - Princeton License #571038 Listed on: 07/12/2021

BHHS Fox & Roach - Princeton

Last Buyer's Agent

Henny Goldberger

Keller Williams Realty Monmouth/Ocean License #2079098

Keller Williams Realty Monmouth/Ocean

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,112

Year Built

  • Built in 1900

Lot Details

  • 9,000 Sq Ft Lot
  • Lot Dimensions are 60.00 x 150.00

Parking

  • 2 Car Detached Garage
  • 12 Driveway Spaces
  • Parking Storage or Cabinetry
  • On-Street Parking

Home Design

  • 2,610 Sq Ft Home
  • Triplex
  • Brick Exterior Construction

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 00015
  • Assessor Parcel Number 11-15601-00015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,112

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: All Tenant Belongings
  • Home Warranty: No
  • New Construction: No
  • Expected On Market: 2021-07-12
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Investor Opportunity!! Historic Trenton 3 Unit Building. Fully occupied. Apt 1 is 2 bedroom/1 bath at $850/month. Apt 2 is 3 bedroom/1 bath at $1162/month, Apt 3 is 1 bedroom/1 bath at $750/month and Detached Garage is revenue-producing ($150/month). Property provides fenced parking lot with at least 14 spaces. Just blocks from Trenton Transit Center and major highways. Detailed rent roll can be provided upon request. Photos to come. Property being sold as-is and buyer responsible for certificate of occupancy.
  • Special Features: None

Interior Features

  • Total Sq Ft: 2610
  • Living Area Sq Ft: 2610
  • Price Per Sq Ft: 82.38
  • Above Grade Finished Sq Ft: 2610
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 225

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Additional Storage Area
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 14
  • Type Of Parking: Detached Garage, Driveway, On Street
  • Number of Spaces in Driveway: 12

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: TRENTON PUBLIC SCHOOLS
  • School District Key: 300200396606
  • School District Source: 3rd Party

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 119200.00
  • Land Assessed Value: 9300.00
  • Lot Size Acres: 0.21
  • Lot Dimensions: 60.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9000.00
  • Year Assessed: 2020
  • Zoning: HIST

Rental Info

  • Total Actual Rent: 34944.00
  • Units Leased Count: 3
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 2159528
  • Tax Annual Amount: 7112.00
  • Assessor Parcel Number: 11-15601-00015
  • Tax Lot: 00015
  • Tax Total Finished Sq Ft: 2610
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 09/09/2021

MLS Schools

  • School District Name: TRENTON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2015
Closed on
Feb 18, 2015
Sold by
Us Bank Na
Bought by
Derosa Capital 6 Llp
Seller's Agent
George Scott Glenfield
Pinnacle Realtors & Associates-Princeton
Buyer's Agent
Mark Brower
RE/MAX Tri County
List Price
$99,000
Sold Price
$85,000
Premium/Discount to List
-$14,000
-14.14%
Current Estimated Value
$384,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,774
Avg. Annual Appreciation
15.43%

Purchase Details

Closed on
Mar 28, 2006
Sold by
Garcia Albin
Bought by
Grullon Maximiliano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.28%

Purchase Details

Closed on
Mar 21, 2003
Sold by
Kivler Russell
Bought by
Garcia Albin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
5.82%
Source: Public Records

Range of Values:

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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
Derosa Capital 6 Llp $85,000 Sterling Title Agency
Grullon Maximiliano $265,000 --
Garcia Albin $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 225 Realty Llc $225,000
Closed Derosa Capital 6 Limited Liability Partn $131,000
Previous Owner Grullon Maximiliano $212,000
Previous Owner Garcia Albin $103,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2021 09/09/21 Sold $202,000 -6.0% $77 / Sq Ft
07/27/2021 07/27/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $215,000 +152.9% $82 / Sq Ft
03/03/2015 03/03/15 Sold $85,000 -14.1% $34 / Sq Ft
02/03/2015 02/03/15 Pending -- -- --
01/06/2015 01/06/15 For Sale $99,000 -- $40 / 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 $7,454 $128,500 $9,300 $119,200
2024 $7,154 $128,500 $9,300 $119,200
2023 $7,154 $128,500 $9,300 $119,200
2022 $7,014 $128,500 $9,300 $119,200
2021 $7,136 $128,500 $9,300 $119,200
2020 $7,112 $128,500 $9,300 $119,200
2019 $6,998 $128,500 $9,300 $119,200
2018 $6,699 $128,500 $9,300 $119,200
2017 $6,367 $128,500 $9,300 $119,200
2016 $6,443 $112,000 $57,200 $54,800
2015 $6,421 $112,000 $57,200 $54,800
2014 $6,391 $112,000 $57,200 $54,800
Source: Public Records

Agents Affiliated with this Home

  • Lisa Candella-Hulbert

    Seller's Agent in 2021

    Lisa Candella-Hulbert

    BHHS Fox & Roach

    (609) 865-2291

    1 in this area

    99 Total Sales

    Lisa Candella-Hulbert
    Section Image
  • Henny Goldberger

    Buyer's Agent in 2021

    Henny Goldberger

    Keller Williams Realty Monmouth/Ocean

    (848) 525-5332

    2 in this area

    46 Total Sales

    Henny Goldberger
    Section Image
  • George Scott Glenfield

    Seller's Agent in 2015

    George Scott Glenfield

    Pinnacle Realtors & Associates-Princeton

    (609) 658-8880

    56 Total Sales

    George Scott Glenfield
    Section Image
  • Mark Brower

    Buyer's Agent in 2015

    Mark Brower

    RE/MAX

    (609) 977-7746

    74 Total Sales

    Mark Brower
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJME2001306

Bright MLS

APN: 11-15601-0000-00015

New Jersey Mercer County Trenton 08609 Ewing and Carroll

225 Hamilton Ave, Trenton, NJ

This home is located at 225 Hamilton Ave, Trenton, NJ 08609 since 12 July 2021 and is currently estimated at $384,774, approximately $147 per square foot. This property was built in 1900. 225 Hamilton Ave is a home located in Mercer County with nearby schools including Robbins Elementary School, Trenton Central High School - Main Campus, and Achievers Early College Prep Charter School.

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