251 Spring St Trenton, NJ 08618
Central West NeighborhoodEstimated Value: $211,000 - $284,647
--
Bed
--
Bath
2,232
Sq Ft
$110/Sq Ft
Est. Value
Highlights
- No HOA
- En-Suite Primary Bedroom
- Hot Water Baseboard Heater
About This Home
As of March 2019Calling all investors! Solid and charming 3 unit property in a desirable location close to downtown Trenton great for any investor. The welcoming covered front porch leads you into a property that will generate excellent monthly rental income. Some of the many renovations and upgrades include but are not limited to, 3 gas heaters, 3 gas boilers, the roof, 37 new windows, the fire escape, updated plumbing and electrical, separate gas and electric meters for all units and much more. Come finish this project and make this excellent investment yours.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1887
Lot Details
- 2,232 Sq Ft Lot
- Lot Dimensions are 19x120
Parking
- On-Street Parking
Home Design
- Triplex
Interior Spaces
- En-Suite Primary Bedroom
- 2,232 Sq Ft Home
- Unfinished Basement
- Basement Fills Entire Space Under The House
Utilities
- Cooling System Mounted In Outer Wall Opening
- Hot Water Baseboard Heater
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 00021
- Assessor Parcel Number 11-02105-00021
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $3,091
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 7, 2019
Sold by
251 Spring St Llc
Bought by
Two Rivers Construction
Total Days on Market
101
Current Estimated Value
Purchase Details
Listed on
Nov 2, 2018
Closed on
Mar 18, 2019
Sold by
Amber Radar Inc
Bought by
251 Spring St Llc
Seller's Agent
Rafael Rodriguez
RE/MAX Tri County
Buyer's Agent
Stephen Psyllos
BHHS Fox & Roach - Robbinsville
List Price
$69,900
Sold Price
$39,000
Premium/Discount to List
-$30,900
-44.21%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.91%
Purchase Details
Closed on
Mar 21, 2016
Sold by
251 Springs Street Llc
Bought by
Amber Radar Inc
Purchase Details
Closed on
Nov 23, 2004
Similar Homes in Trenton, NJ
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Two Rivers Construction | $53,000 | None Available | |
| 251 Spring St Llc | $39,000 | Cross Bridge Title Llc | |
| Amber Radar Inc | $9,000 | Emerald Title Agency | |
| -- | $75,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/13/2019 03/13/19 | Sold | $39,000 | -21.8% | $17 / Sq Ft |
| 02/11/2019 02/11/19 | Pending | -- | -- | -- |
| 02/06/2019 02/06/19 | Price Changed | $49,900 | -16.7% | $22 / Sq Ft |
| 11/21/2018 11/21/18 | Price Changed | $59,900 | -14.3% | $27 / Sq Ft |
| 11/02/2018 11/02/18 | For Sale | $69,900 | -- | $31 / 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 | $7,488 | $134,500 | $5,800 | $128,700 |
| 2023 | $7,488 | $134,500 | $5,800 | $128,700 |
| 2022 | $2,320 | $42,500 | $5,800 | $36,700 |
| 2021 | $2,360 | $42,500 | $5,800 | $36,700 |
| 2020 | $2,352 | $42,500 | $5,800 | $36,700 |
| 2019 | $2,315 | $42,500 | $5,800 | $36,700 |
| 2018 | $3,091 | $59,300 | $5,800 | $53,500 |
| 2017 | $2,938 | $59,300 | $5,800 | $53,500 |
| 2016 | $2,911 | $50,600 | $5,900 | $44,700 |
| 2015 | $2,901 | $50,600 | $5,900 | $44,700 |
| 2014 | $2,887 | $50,600 | $5,900 | $44,700 |
Source: Public Records
Agents Affiliated with this Home
-
Rafael Rodriguez
Seller's Agent in 2019
Rafael Rodriguez
RE/MAX
25 Total Sales
-
Stephen Psyllos
Buyer's Agent in 2019
Stephen Psyllos
BHHS Fox & Roach
(609) 510-2624
41 Total Sales
Map
Source: Bright MLS
MLS Number: NJME100254
APN: 11-02105-0000-00021
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