NOT LISTED FOR SALE

40 W Lafayette St Trenton, NJ 08608

Estimated Value: $126,201

2 Beds
1.5 Baths
1,459 Sq Ft
$86/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $90,000 $62 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $796/month

26 Days on Market

Highlights

  • Attic
  • More Than Two Accessible Exits
  • Hot Water Baseboard Heater
  • No HOA

About This Home

As of April 2021

This property is zoned for mixed use . The bottom half can be used as a retail storefront or general use of office space ;with added space upstairs . Also, there is a walk up attic. This brick front building is conveniently located in the historical downtown, business district, in the city of Trenton. Only minutes away from shopping and public transportation. .

Last Agent to Sell the Property

James Mantuano

Keller Williams Premier License #8636306 Listed on: 02/17/2021

Keller Williams Premier

Last Buyer's Agent

James Mantuano

Keller Williams Premier License #8636306 Listed on: 02/17/2021

Keller Williams Premier

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1950

Lot Details

  • 1,445 Sq Ft Lot
  • Lot Dimensions are 17.00 x 85.00

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,459 Sq Ft Home
  • Property has 2.5 Levels
  • Basement Fills Entire Space Under The House
  • Attic

Bedrooms and Bathrooms

  • 2 Bedrooms

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00014
  • Assessor Parcel Number 11-01903-00014

Townhouse Details

Home Type

Townhome

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1950
  • Automatically Close On Close Date: Yes
  • Remarks Public: This property is zoned for mixed use . The bottom half can be used as a retail storefront or general use of office space ;with added space upstairs . Also, there is a walk up attic. This brick front building is conveniently located in the historical downtown, business district, in the city of Trenton. Only minutes away from shopping and public transportation. .
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Attic, Store/Office
  • Levels Count: 2.5
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1459
  • Living Area Sq Ft: 1459
  • Price Per Sq Ft: 61.69
  • Above Grade Finished Sq Ft: 1459
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 40

Beds/Baths

  • Bedrooms: 2
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: 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: 52800.00
  • Land Assessed Value: 41000.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 17.00 x 85.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1445.00
  • Year Assessed: 2020
  • Zoning: MIXED USE

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2147938
  • Tax Annual Amount: 5192.00
  • Assessor Parcel Number: 11-01903-00014
  • Tax Lot: 00014
  • Tax Total Finished Sq Ft: 1459
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 04/09/2021

MLS Schools

  • School District Name: TRENTON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2021
Closed on
Apr 9, 2021
Sold by
Coy Faithe and Estate Of John Coy
Bought by
Reid Gregory
Seller's Agent
James Mantuano
Keller Williams Premier
Buyer's Agent
James Mantuano
Keller Williams Premier
List Price
$90,000
Sold Price
$90,000
Total Days on Market
26
Current Estimated Value
$126,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,201
Avg. Annual Appreciation
8.49%

Purchase Details

Closed on
Oct 12, 1994
Sold by
Wales Margaret
Bought by
Dempsey Rosemary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
8.43%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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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
Reid Gregory $90,000 Foundation Title Llc
Dempsey Rosemary $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dempsey Rosemary $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2021 04/09/21 Sold $90,000 0.0% $62 / Sq Ft
02/17/2021 02/17/21 For Sale $90,000 -- $62 / 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 $5,222 $93,800 $41,000 $52,800
2023 $5,222 $93,800 $41,000 $52,800
2022 $5,120 $93,800 $41,000 $52,800
2021 $5,209 $93,800 $41,000 $52,800
2020 $5,192 $93,800 $41,000 $52,800
2019 $5,108 $93,800 $41,000 $52,800
2018 $5,317 $102,000 $44,300 $57,700
2017 $5,054 $102,000 $44,300 $57,700
2016 $4,292 $74,600 $23,500 $51,100
2015 $4,277 $74,600 $23,500 $51,100
2014 $4,257 $74,600 $23,500 $51,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME308050

Bright MLS

APN: 11-01903-0000-00014