NOT LISTED FOR SALE

3008 Nottingham Way Trenton, NJ 08619

Estimated Value: $564,102 - $651,000

-- Bed
-- Bath
3,208 Sq Ft
$185/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $500,000 $156 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,085/month

3 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Forced Air Heating System

About This Home

As of May 2024

Investment 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 Agent to Sell the Property

Roxanne Gennari

(609) 306-7148 rox@roxannegennari.com Coldwell Banker Residential Brokerage-Princeton Jct License #341387 Listed on: 05/02/2024

Coldwell Banker Residential Brokerage-Princeton Jct

Last Buyer's Agent

Roxanne Gennari

(609) 306-7148 rox@roxannegennari.com Coldwell Banker Residential Brokerage-Princeton Jct License #341387 Listed on: 05/02/2024

Coldwell Banker Residential Brokerage-Princeton Jct

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,543

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Bi-Level
  • Ownership: Fee Simple
  • Inclusions: Appliances as exists.
  • New Construction: No
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Remarks Public: Investment 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!
  • Special Features: None

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl, Tile/Brick
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Basement: No
  • Total Sq Ft: 3208
  • Living Area Sq Ft: 3208
  • Price Per Sq Ft: 143.36
  • Above Grade Finished Sq Ft: 3208
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3008

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Acres: 0.28
  • Lot Dimensions: 60.00 x 200.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12196.80
  • Year Assessed: 2023
  • Zoning: 2 FAM

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 10543.00
  • Assessor Parcel Number: 03-01811-00016
  • Tax Lot: 00016
  • Tax Total Finished Sq Ft: 3208
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 05/17/2024

MLS Schools

  • School District Name: HAMILTON TOWNSHIP

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
$593,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,776
Avg. Annual Appreciation
13.27%

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
Source: Public Records

Range of Values:

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Average Value
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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
Gambone Gregory $500,000 Realsafe Title
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 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

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 $11,249 $319,200 $67,400 $251,800
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

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Map

Source: Bright MLS

MLS Number: NJME2042716

Bright MLS

APN: 03-01811-0000-00016