Seller's Agent in 2024
Roxanne Gennari
Coldwell Banker Residential Brokerage-Princeton Jct
(609) 306-7148
29 in this area
248 Total Sales
3008 Nottingham Way Trenton, NJ 08619
Hamilton Township NeighborhoodEstimated Value: $526,000 - $588,873
--
Bed
--
Bath
3,208
Sq Ft
$174/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Eat-In Kitchen
- Forced Air Heating System
About This Home
As of May 2024Investment Opportunity in Hamilton Square: 3008 Nottingham Way
Nestled in the heart of Hamilton Square, 3008 Nottingham Way presents an exceptional duplex investment opportunity, boasting two spacious 3-bedroom apartments on an expansive lot. With separate utilities for each unit and a prime location, this property offers both lucrative returns and the promise of comfortable living for tenants.
Key Features:
Duplex Layout: This property features a well-designed duplex layout, with two distinct 3-bedroom apartments. Each unit offers ample space, ensuring comfortable living arrangements for tenants.
Expansive Lot: Situated on an expansive lot, 3008 Nottingham Way provides ample outdoor space for recreational activities or potential expansion opportunities. The spacious grounds add value and versatility to the property.
Separate Utilities: One of the standout features of this investment is the provision of separate utilities for each apartment. This setup not only simplifies management but also appeals to tenants seeking greater control over their utility expenses.
Prime Location: Positioned in highly desirable Hamilton Square, the property enjoys close proximity to an array of amenities, including shops, restaurants, and entertainment options. Additionally, its convenient access to major routes ensures easy commuting for residents.
Investment Potential:
Investors can capitalize on the strong rental demand in Hamilton Square, leveraging the property's duplex configuration to maximize rental income. With two spacious apartments, there's flexibility to attract various tenant demographics, from families to young professionals.
The separate utilities setup minimizes landlord expenses and enhances the property's appeal to tenants, contributing to long-term occupancy and profitability. Additionally, the expansive lot presents opportunities for future development or outdoor amenities, further enhancing the property's value proposition.
Overall, 3008 Nottingham Way stands as a compelling investment opportunity, offering the perfect blend of comfort, convenience, and potential for robust returns. Don't miss your chance to own a piece of prime real estate in this sought-after location. Contact us today to schedule a viewing and explore the possibilities!
Last Listed By
Coldwell Banker Residential Brokerage-Princeton Jct License #341387 Listed on: 05/02/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,543
Year Built
- Built in 1940
Lot Details
- 0.28 Acre Lot
- Lot Dimensions are 60.00 x 200.00
Home Design
- 3,208 Sq Ft Home
- Duplex
- Bi-Level Home
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Kitchen
- Eat-In Kitchen
Flooring
- Wood
- Wall to Wall Carpet
- Tile or Brick
- Vinyl
Utilities
- Cooling System Utilizes Natural Gas
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating System
- Natural Gas Water Heater
- Cable TV Available
Community Details
- 2 Units
Listing and Financial Details
- Tax Lot 00016
- Assessor Parcel Number 03-01811-00016
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 2, 2024
Closed on
May 17, 2024
Sold by
Krumholz David R and Hanley Linda G
Bought by
Gambone Gregory
Seller's Agent
Roxanne Gennari
Coldwell Banker Residential Brokerage-Princeton Jct
Buyer's Agent
Roxanne Gennari
Coldwell Banker Residential Brokerage-Princeton Jct
List Price
$459,900
Sold Price
$500,000
Premium/Discount to List
$40,100
8.72%
Total Days on Market
3
Views
5
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
$57,468
Avg. Annual Appreciation
2.00%
Purchase Details
Closed on
Aug 31, 2000
Sold by
Gernhart Frederick
Bought by
Hanley Linda and Krumholz David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
8.1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 25, 1996
Sold by
Bisanzio Frank
Bought by
Gernhart Frederick and Gernhart Kathleen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
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 |
|---|---|---|---|
| Gambone Gregory | $500,000 | Realsafe Title | |
| Hanley Linda | $195,000 | -- | |
| Gernhart Frederick | $195,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Krumholz David R | $192,500 | |
| Previous Owner | Hanley Linda | $175,500 | |
| Previous Owner | Gernhart Frederick | $185,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/17/2024 05/17/24 | Sold | $500,000 | +8.7% | $156 / Sq Ft |
| 05/02/2024 05/02/24 | For Sale | $459,900 | 0.0% | $143 / Sq Ft |
| 05/08/2018 05/08/18 | Rented | $1,475 | 0.0% | -- |
| 05/08/2018 05/08/18 | Under Contract | -- | -- | -- |
| 03/01/2018 03/01/18 | For Rent | $1,475 | +7.3% | -- |
| 06/02/2014 06/02/14 | Rented | $1,375 | 0.0% | -- |
| 06/02/2014 06/02/14 | Under Contract | -- | -- | -- |
| 05/21/2014 05/21/14 | For Rent | $1,375 | -- | -- |
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 | $10,543 | $319,200 | $67,400 | $251,800 |
| 2023 | $10,543 | $319,200 | $67,400 | $251,800 |
| 2022 | $10,377 | $319,200 | $67,400 | $251,800 |
| 2021 | $10,926 | $319,200 | $67,400 | $251,800 |
| 2020 | $9,777 | $319,200 | $67,400 | $251,800 |
| 2019 | $9,560 | $319,200 | $67,400 | $251,800 |
| 2018 | $9,506 | $319,200 | $67,400 | $251,800 |
| 2017 | $9,263 | $319,200 | $67,400 | $251,800 |
| 2016 | $8,631 | $319,200 | $67,400 | $251,800 |
| 2015 | $8,737 | $190,400 | $43,400 | $147,000 |
| 2014 | $8,589 | $190,400 | $43,400 | $147,000 |
Source: Public Records
Agents Affiliated with this Home
-
Roxanne Gennari
-
Michael Porfido
M
Seller's Agent in 2018
Michael Porfido
Diamond Homes Realty
(609) 429-0909
4 Total Sales
-
Pamela Erickson
Buyer's Agent in 2014
Pamela Erickson
BHHS Fox & Roach
(609) 504-0039
23 Total Sales
Map
Similar Homes in Trenton, NJ
Source: Bright MLS
MLS Number: NJME2042716
APN: 03-01811-0000-00016
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