NOT LISTED FOR SALE

493 W Hanover St Trenton, NJ 08618

Central West Neighborhood

Estimated Value: $161,000 - $179,000

5 Beds
1 Bath
1,735 Sq Ft
$98/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $150,000 $86 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,068/month

14 Days on Market

Highlights

  • Furnished
  • Electric Baseboard Heater
  • Wood Siding
  • No HOA

About This Home

As of May 2024

Great opportunity for investors! Generate monthly cash flow with this 5 bed, 1 bath home, located minutes from downtown Trenton and Thomas Edison State college. Current long term renter moving out prior to close. Home being sold as-is! Buyer responsible for obtaining town C/O. Seller will not be making repairs.

Last Agent to Sell the Property

Luther Owens

(609) 670-2244 l.owens@kw.com EXP Realty, LLC Listed on: 03/10/2024

EXP Realty, LLC

Last Buyer's Agent

Joe Pizzillo

(609) 709-0779 joepizzillo@gmail.com Smires & Associates License #2186442

Smires & Associates

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,959

Year Built

  • Built in 1915

Lot Details

  • 1,172 Sq Ft Lot
  • Lot Dimensions are 18.60 x 63.00

Parking

  • On-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Side-by-Side
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,735 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 1 Full Bathroom

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 00027
  • Assessor Parcel Number 11-02303-00027

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,959

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Side-By-Side
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2024-03-10
  • Federal Flood Zone: No
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Remarks Public: Great opportunity for investors! Generate monthly cash flow with this 5 bed, 1 bath home, located minutes from downtown Trenton and Thomas Edison State college. Current long term renter moving out prior to close. Home being sold as-is! Buyer responsible for obtaining town C/O. Seller will not be making repairs.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1735
  • Living Area Sq Ft: 1735
  • Price Per Sq Ft: 80.69
  • Above Grade Finished Sq Ft: 1735
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 493

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Wood Siding
  • Spa: No
  • 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 Fuel: Electric
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • 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

Lot Info

  • Horses: No
  • Lot Size Acres: 0.03
  • Lot Dimensions: 18.60 x 63.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1172.00
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 1959.00
  • Assessor Parcel Number: 11-02303-00027
  • Tax Lot: 00027
  • Tax Total Finished Sq Ft: 1735
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 05/10/2024

MLS Schools

  • School District Name: TRENTON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2024
Closed on
May 4, 2024
Sold by
Foreman Sarah
Bought by
493 W Hanover Llc
Seller's Agent
Luther Owens
EXP Realty, LLC
Buyer's Agent
Joe Pizzillo
Smires & Associates
List Price
$140,000
Sold Price
$150,000
Premium/Discount to List
$10,000
7.14%
Views
96
Current Estimated Value
$169,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,378
Avg. Annual Appreciation
9.20%
Original Mortgage
$105,000
Interest Rate
6.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
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
493 W Hanover Llc $150,000 Dekel Abstract
493 W Hanover Llc $150,000 Dekel Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 493 W Hanover Llc $105,000
Closed 493 W Hanover Llc $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2024 05/10/24 Sold $150,000 +7.1% $86 / Sq Ft
03/25/2024 03/25/24 Pending -- -- --
03/10/2024 03/10/24 For Sale $140,000 0.0% $81 / Sq Ft
02/27/2024 02/27/24 Price Changed $140,000 -- $81 / 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
2025 $2,042 $35,200 $5,300 $29,900
2024 $1,960 $35,200 $5,300 $29,900
2023 $1,960 $35,200 $5,300 $29,900
2022 $1,921 $35,200 $5,300 $29,900
2021 $1,955 $35,200 $5,300 $29,900
2020 $1,948 $35,200 $5,300 $29,900
2019 $1,917 $35,200 $5,300 $29,900
2018 $2,481 $47,600 $5,300 $42,300
2017 $2,359 $47,600 $5,300 $42,300
2016 $2,756 $47,900 $5,600 $42,300
2015 $2,746 $47,900 $5,600 $42,300
2014 $2,733 $47,900 $5,600 $42,300
Source: Public Records

Agents Affiliated with this Home

  • Luther Owens

    Seller's Agent in 2024

    Luther Owens

    EXP Realty, LLC

    (609) 670-2244

    1 in this area

    18 Total Sales

    Luther Owens
    Section Image

  • J

    Buyer's Agent in 2024

    Joe Pizzillo

    Smires & Associates

    (609) 709-0779

    1 in this area

    62 Total Sales

    Joe Pizzillo
    Section Image
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Map

Source: Bright MLS

MLS Number: NJME2039802

Bright MLS

APN: 11-02303-0000-00027

New Jersey Mercer County Trenton 08618 Central West

493 W Hanover St, Trenton, NJ

This home is located at 493 W Hanover St, Trenton, NJ 08618 since 10 March 2024 and is currently estimated at $169,378, approximately $97 per square foot. This property was built in 1915. 493 W Hanover 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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