NOT LISTED FOR SALE

314 W State St Trenton, NJ 08618

Central West Neighborhood

Estimated Value: $313,000 - $377,000

-- Bed
-- Bath
3,132 Sq Ft
$111/Sq Ft Est. Value

Last Sold October 05, 2020

Last sale price $200,000 $64 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,489/month

51 Days on Market

Highlights

  • Colonial Architecture
  • Balcony
  • Wall to Wall Carpet
  • No HOA
  • Wood Siding
  • Hot Water Baseboard Heater

About This Home

As of October 2020

Come and view this spacious three family home located in the Historic District of Trenton. This building has two, 2 bedroom Apartments and one, 3 bedroom Apartment. Each apartment has a private balcony. This is a well cared for building. Harding Board siding has been installed in the front. Seller willing to give a credit to complete remainder of building with an acceptable offer. Tenant pays for their own Electric and Gas. Owners pays water which averages $225 per quarter. Common area Electric and Gas bill about $75 per month. This property is convenient to state and city offices, Route 29, I-95, Trenton Train Station and Pennsylvania. This property is idea for an owner occupied or an investor. Tenants are on a month to month lease. Unit 3 is owner occupied. Although property in great condition seller is selling as is with buyer responsible for Certificate of Occupancy, any and all violations. T

Last Listed By

Yolanda Gulley

RE/MAX Tri County Listed on: 05/18/2020

RE/MAX Tri County

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,492

Year Built

  • Built in 1887

Lot Details

  • 2,375 Sq Ft Lot
  • Lot Dimensions are 25.00 x 95.00

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Colonial Architecture
  • Wood Siding

Interior Spaces

  • 3,132 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Electric Oven or Range

Flooring

  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Balcony

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 3 Units
  • Chambersburg Subdivision

Listing and Financial Details

  • The owner pays for insurance, pest control, repairs, sewer, real estate taxes, water
  • Tax Lot 00009
  • Assessor Parcel Number 11-02304-00009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,492

Year Built

Built in 1887

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenant personal property
  • Home Warranty: No
  • Inclusions: 3 Refrigerators, 3 Stoves
  • New Construction: No
  • Year Built: 1887
  • Automatically Close On Close Date: No
  • Remarks Public: Come and view this spacious three family home located in the Historic District of Trenton. This building has two, 2 bedroom Apartments and one, 3 bedroom Apartment. Each apartment has a private balcony. This is a well cared for building. Harding Board siding has been installed in the front. Seller willing to give a credit to complete remainder of building with an acceptable offer. Tenant pays for their own Electric and Gas. Owners pays water which averages $225 per quarter. Common area Electric and Gas bill about $75 per month. This property is convenient to state and city offices, Route 29, I-95, Trenton Train Station and Pennsylvania. This property is idea for an owner occupied or an investor. Tenants are on a month to month lease. Unit 3 is owner occupied. Although property in great condition seller is selling as is with buyer responsible for Certificate of Occupancy, any and all violations. T
  • Special Features: VirtualTour

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Flooring Type: Fully Carpeted, Vinyl
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3132
  • Living Area Sq Ft: 3132
  • Price Per Sq Ft: 66.73
  • Above Grade Finished Sq Ft: 3132
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 314

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: TRENTON PUBLIC SCHOOLS
  • School District Key: 300200396606
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 113600.00
  • Land Assessed Value: 5600.00
  • Lot Size Acres: 0.05
  • Lot Dimensions: 25.00 x 95.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2375.00
  • Outdoor Living Structures: Balcony
  • Year Assessed: 2019
  • Zoning: HIST

Rental Info

  • Owner Pays: Insurance, Pest Control, Repairs, Sewer, Taxes - Real Estate, Water
  • Rent Control: No
  • Units Leased Count: 3
  • Vacation Rental: No
  • Rent Spree Online Application: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 2148111
  • Tax Annual Amount: 6492.00
  • Assessor Parcel Number: 11-02304-00009
  • Tax Lot: 00009
  • Tax Total Finished Sq Ft: 3132
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 10/05/2020

MLS Schools

  • School District Name: TRENTON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2020
Sold by
Peavey Hussan and Despinos Natasha
Bought by
Excellence Through Empowerment Llc
Total Days on Market
51
Current Estimated Value
$347,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$134,993
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$212,443

Purchase Details

Closed on
Dec 8, 2020
Sold by
Manning Charles E
Bought by
Peavey Masan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$134,993
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$212,443

Purchase Details

Listed on
May 18, 2020
Closed on
Sep 30, 2020
Sold by
Manning Charles E
Bought by
Peavey Hussan
Seller's Agent
Yolanda Gulley
RE/MAX Tri County
Buyer's Agent
Marsha Gordon
Keller Williams Real Estate - Princeton
List Price
$209,000
Sold Price
$200,000
Premium/Discount to List
-$9,000
-4.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.70%
Original Mortgage
$150,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2001
Sold by
314 West State Street Partners
Bought by
Manning Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,850
Interest Rate
7.1%

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
Excellence Through Empowerment Llc -- None Available
Excellence Through Empowerment Llc -- None Listed On Document
Peavey Masan $200,000 Title Agency
Peavey Hussan $200,000 North East Title Agency Llc
Manning Charles $103,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peavey Masan $150,000
Previous Owner Peavey Hussan $150,000
Previous Owner Manning Charles $97,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2020 10/05/20 Sold $200,000 -4.3% $64 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
05/18/2020 05/18/20 For Sale $209,000 -- $67 / 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 $6,636 $119,200 $5,600 $113,600
2023 $6,636 $119,200 $5,600 $113,600
2022 $6,506 $119,200 $5,600 $113,600
2021 $6,619 $119,200 $5,600 $113,600
2020 $6,598 $119,200 $5,600 $113,600
2019 $6,492 $119,200 $5,600 $113,600
2018 $6,214 $119,200 $5,600 $113,600
2017 $5,906 $119,200 $5,600 $113,600
2016 $5,977 $103,900 $17,500 $86,400
2015 $5,957 $103,900 $17,500 $86,400
2014 $5,929 $103,900 $17,500 $86,400
Source: Public Records

Agents Affiliated with this Home

  • Yolanda Gulley

    Seller's Agent in 2020

    Yolanda Gulley

    RE/MAX

    (609) 496-1727

    1 in this area

    175 Total Sales

    Yolanda Gulley
    Section Image
  • Marsha Gordon

    Buyer's Agent in 2020

    Marsha Gordon

    Keller Williams Real Estate - Princeton

    (973) 477-7186

    1 in this area

    13 Total Sales

    Marsha Gordon
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJME295498

Bright MLS

APN: 11-02304-0000-00009

New Jersey Mercer County Trenton 08618 Central West

314 W State St, Trenton, NJ

Homes for Sale in Trenton, NJ

This home is located at 314 W State St, Trenton, NJ 08618 since 18 May 2020 and is currently estimated at $347,436, approximately $110 per square foot. This property was built in 1887. 314 W State St is a home located in Mercer County with nearby schools including Luis Munoz Rivera Elementary School, Trenton Central High School - Main Campus, and Foundation Academy Charter School.

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