$390,000
SOLD DEC 12, 2024

2406 Nottingham Way Trenton, NJ 08619

-- Bed
-- Bath
1,328 Sq Ft
10,498 Sq Ft Lot

Recently Sold

$294 Per Sq Ft

3% Above List Price

5 Days on Market

Highlights

  • Cape Cod Architecture
  • Forced Air Heating System
  • Combination Kitchen and Dining Room
  • 2 Car Direct Access Garage

About This Home

As of December 2024

A once in a lifetime opportunity to own a piece of real estate that offers so much - this property can be configured in so many ways. If you are looking for a great investment with long term opportunities, you need look no further. The property can also be occupied as a single family residence, or If you are just starting out looking for a home, you can live in either the upstairs or downstairs unit, while the rent on the other unit pays your mortgage. Additionally, because the property is located in a commercial zone, one other option is to operate a business out of the building and take advantage of the amazing high visibility location. And of course lastly perhaps you want to do any combination of these options. Live, invest and work out of the one property - a rare combination of possibilities indeed.
Currently configured as a two unit multi-family property, the downstairs unit which is presently leased, provides a large two bedroom home with a two car garage. The rear of the home provides a private and large fenced-in yard, with patio area off a separate rear entrance from the kitchen. The kitchen has a separate dining area beside a large living loom. The downstairs unit has its own separate entrance, with access to the unit's very large 2-Car Garage. The home has a very large basement which includes a separate laundry and utility room area. In addition to the garage, there is plenty of off-street Parking.
The second unit is located on the second floor and also has its own separate entrance. This is a large one bedroom apartment with a large living room and separate eat-in kitchen. The unit has access to its own deck area. The unit also has its own laundry facility.
The home is in the Mercerville area of Hamilton, with Hamilton Township Schools. The property is also close to the 295, giving easy access to Princeton and other Centers. Hamilton Transit is minutes away, with trains to Penn Station, NY on a regular schedule. Photos are from a previous listing.
Owner is Listing Real Estate Broker. Any interested buyer must conduct their own due diligence with regard to use and township zoning.

Last Agent to Sell the Property

Robert Hamilton

Robert Hamilton Real Estate Inc. License #897125 Listed on: 10/19/2024

Last Buyer's Agent

Paula Wirth

EXP Realty, LLC License #9799460

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,885

Year Built

  • Built in 1950

Lot Details

  • 10,498 Sq Ft Lot
  • Lot Dimensions are 75.00 x 140.00

Parking

  • 2 Car Direct Access Garage

Home Design

  • Duplex
  • Cape Cod Architecture
  • Wood Foundation
  • Frame Construction

Interior Spaces

  • 1,328 Sq Ft Home
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House

Utilities

  • Cooling System Utilizes Natural Gas
  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for sewer, water, real estate taxes
  • Tax Lot 00015
  • Assessor Parcel Number 03-01679-00015

Community Details

Overview

  • 2 Units
  • Mercerville Subdivision

Building Details

  • 1 Vacant Unit
  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,885

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Remarks Public: A once in a lifetime opportunity to own a piece of real estate that offers so much - this property can be configured in so many ways. If you are looking for a great investment with long term opportunities, you need look no further. The property can also be occupied as a single family residence, or If you are just starting out looking for a home, you can live in either the upstairs or downstairs unit, while the rent on the other unit pays your mortgage. Additionally, because the property is located in a commercial zone, one other option is to operate a business out of the building and take advantage of the amazing high visibility location. And of course lastly perhaps you want to do any combination of these options. Live, invest and work out of the one property - a rare combination of possibilities indeed. Currently configured as a two unit multi-family property, the downstairs unit which is presently leased, provides a large two bedroom home with a two car garage. The rear of the home provides a private and large fenced-in yard, with patio area off a separate rear entrance from the kitchen. The kitchen has a separate dining area beside a large living loom. The downstairs unit has its own separate entrance, with access to the unit's very large 2-Car Garage. The home has a very large basement which includes a separate laundry and utility room area. In addition to the garage, there is plenty of off-street Parking. The second unit is located on the second floor and also has its own separate entrance. This is a large one bedroom apartment with a large living room and separate eat-in kitchen. The unit has access to its own deck area. The unit also has its own laundry facility. The home is in the Mercerville area of Hamilton, with Hamilton Township Schools. The property is also close to the 295, giving easy access to Princeton and other Centers. Hamilton Transit is minutes away, with trains to Penn Station, NY on a regular schedule. Photos are from a previous listing. Owner is Listing Real Estate Broker. Any interested buyer must conduct their own due diligence with regard to use and township zoning.
  • Special Features: None

Interior Features

  • Interior Amenities: Combination Kitchen/Dining
  • Fireplace: No
  • Foundation Details: Wood
  • Room Count: 9
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1328
  • Living Area Sq Ft: 1328
  • Price Per Sq Ft: 286.14
  • Above Grade Finished Sq Ft: 1328
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2406

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Spa: No
  • 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
  • Parking Features: Asphalt Driveway
  • Garage Features: Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

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

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: HAMILTON TOWNSHIP
  • School District Key: 300200396172
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.24
  • Lot Dimensions: 75.00 x 140.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10498.00
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL/COM

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Sewer, Water, Taxes - Real Estate
  • Rent Control: No
  • Units Leased Count: 1
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 1
  • Income Includes: Apartment Rentals

Tax Info

  • Tax Annual Amount: 5885.00
  • Assessor Parcel Number: 03-01679-00015
  • Tax Lot: 00015
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 12/12/2024

MLS Schools

  • School District Name: HAMILTON TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2024
Closed on
Dec 8, 2024
Sold by
2406 Nottingham Way Llc
Bought by
Ajose-Titiloye Salami O
Seller's Agent
Robert Hamilton
Robert Hamilton Real Estate Inc.
Buyer's Agent
Paula Wirth
EXP Realty, LLC
List Price
$380,000
Sold Price
$390,000
Premium/Discount to List
$10,000
2.63%
Views
37
Current Estimated Value
$384,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,541
Avg. Annual Appreciation
-2.32%
Original Mortgage
$370,500
Outstanding Balance
$369,221
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$15,238

Purchase Details

Closed on
Jul 29, 2016
Sold by
Hamilton Robert F and Hamilton Kyle
Bought by
2406 Nottingham Way Llc

Purchase Details

Listed on
Jan 1, 2014
Closed on
May 6, 2015
Sold by
Najamuddin Syed and Madaan Neeru
Bought by
Hamilton Robert and Hamilton Kyle
Seller's Agent
Denise Greenwood
Weichert Realtors-Turnersville
Buyer's Agent
Robert Hamilton
Robert Hamilton Real Estate Inc.
List Price
$229,000
Sold Price
$135,000
Premium/Discount to List
-$94,000
-41.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.78%

Purchase Details

Closed on
Aug 31, 2004
Sold by
Rx Homes Inc
Bought by
Najamuddin Syed and Madaan Neeru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 2003
Sold by
Palillo Thomas
Bought by
Rx Homes Inc

Purchase Details

Closed on
Mar 31, 2000
Sold by
Galinaytis Madeline
Bought by
Palillo Thomas and Palillo Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
8.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 1995
Sold by
Hrusovsky Richard A
Bought by
Davies James and Davies Rosemary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
7.31%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $390,000 First American Title
Deed $390,000 First American Title
Deed -- None Available
Deed $135,000 Agent For Commonwealth Land
Deed $245,000 --
Deed $199,909 --
Deed $111,000 --
Deed $178,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $370,500 New Conventional
Closed $370,500 New Conventional
Previous Owner $104,000 Stand Alone First
Previous Owner $196,000 Purchase Money Mortgage
Previous Owner $111,000 Purchase Money Mortgage
Previous Owner $152,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2024 12/12/24 Sold $390,000 0.0% $294 / Sq Ft
11/19/2024 11/19/24 Sold $390,000 +2.6% $294 / Sq Ft
10/24/2024 10/24/24 Pending -- -- --
10/24/2024 10/24/24 Pending -- -- --
10/19/2024 10/19/24 For Sale $380,000 0.0% $286 / Sq Ft
10/18/2024 10/18/24 For Sale $380,000 +181.5% $286 / Sq Ft
05/06/2015 05/06/15 Sold $135,000 -41.0% $102 / Sq Ft
12/09/2014 12/09/14 Pending -- -- --
01/01/2014 01/01/14 For Sale $229,000 -- $172 / 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 $5,886 $178,200 $72,900 $105,300
2023 $5,886 $178,200 $72,900 $105,300
2022 $5,793 $178,200 $72,900 $105,300
2021 $6,349 $178,200 $72,900 $105,300
2020 $5,708 $178,200 $72,900 $105,300
2019 $5,569 $178,200 $72,900 $105,300
2018 $5,503 $178,200 $72,900 $105,300
2017 $5,385 $178,200 $72,900 $105,300
2016 $4,819 $178,200 $72,900 $105,300
2015 $5,514 $116,100 $36,300 $79,800
2014 $5,435 $116,100 $36,300 $79,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2050270

Bright MLS

APN: 03-01679-0000-00015