NOT LISTED FOR SALE

502 Riverside Ave Trenton, NJ 08618

Downtown Trenton Neighborhood

Estimated Value: $317,000 - $387,000

-- Bed
-- Bath
2,006 Sq Ft
$179/Sq Ft Est. Value

Last Sold February 24, 2021

Last sale price $224,000 $112 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,765/month

24 Days on Market

Highlights

  • Craftsman Architecture
  • No HOA
  • Radiator

About This Home

As of February 2021

Newly Renovated Duplex in Historical redevelopment area of Trenton. Property has close access to rt 29, bus access, near downtown Trenton.

Last Agent to Sell the Property

Jahshaan Champion

Keller Williams Real Estate - Princeton Listed on: 11/21/2020

Last Buyer's Agent

Jess Gaddie

BHHS Fox & Roach-Mt Laurel

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,873

Year Built

  • Built in 1920

Lot Details

  • 4,018 Sq Ft Lot
  • Lot Dimensions are 41.00 x 98.00

Home Design

  • 2,006 Sq Ft Home
  • Duplex
  • Craftsman Architecture
  • Frame Construction

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Radiator
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00030
  • Assessor Parcel Number 11-03101-00030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,873

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Craftsman
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: Yes
  • Remarks Public: Newly Renovated Duplex in Historical redevelopment area of Trenton. Property has close access to rt 29, bus access, near downtown Trenton.
  • Special Features: None

Interior Features

  • Total Sq Ft: 2006
  • Living Area Sq Ft: 2006
  • Price Per Sq Ft: 109.67
  • Above Grade Finished Sq Ft: 2006
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 502

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, On Street

Utilities

  • Central Air Conditioning: No
  • Heating Type: Radiator
  • 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: 97200.00
  • Land Assessed Value: 8900.00
  • Lot Size Acres: 0.09
  • Lot Dimensions: 41.00 x 98.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4018.00
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2148878
  • Tax Annual Amount: 5873.00
  • Assessor Parcel Number: 11-03101-00030
  • Tax Lot: 00030
  • Tax Total Finished Sq Ft: 2006
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 02/24/2021

MLS Schools

  • School District Name: TRENTON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2020
Closed on
Feb 17, 2021
Sold by
Black River Homes Llc
Bought by
Jennings Rahnisha
Seller's Agent
Jahshaan Champion
Keller Williams Real Estate - Princeton
Buyer's Agent
Jess Gaddie
BHHS Fox & Roach-Mt Laurel
List Price
$220,000
Sold Price
$224,000
Premium/Discount to List
$4,000
1.82%
Current Estimated Value
$359,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,140
Avg. Annual Appreciation
11.01%
Original Mortgage
$219,942
Outstanding Balance
$197,263
Interest Rate
2.73%
Mortgage Type
FHA
Estimated Equity
$161,877

Purchase Details

Closed on
Jul 30, 2020
Sold by
Steele Loreta and Jones Vickie D
Bought by
Owusu Kwame and Black River Homes Llc

Purchase Details

Closed on
Jun 2, 1997
Sold by
Hud
Bought by
Steele Loretta and Jones Vickie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
7.97%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Jennings Rahnisha $224,000 None Available
Owusu Kwame $55,000 Sterling Title Agency Llc
Steele Loretta $60,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jennings Rahnisha $28,848
Open Jennings Rahnisha $45,003
Open Jennings Rahnisha $219,942
Previous Owner Steele Loretta $61,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2021 02/24/21 Sold $224,000 +1.8% $112 / Sq Ft
12/15/2020 12/15/20 Pending -- -- --
11/21/2020 11/21/20 For Sale $220,000 -- $110 / 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 $9,746 $168,000 $8,900 $159,100
2024 $9,353 $168,000 $8,900 $159,100
2023 $9,353 $168,000 $8,900 $159,100
2022 $11,615 $212,800 $8,900 $203,900
2021 $5,892 $106,100 $8,900 $97,200
2020 $5,873 $106,100 $8,900 $97,200
2019 $5,778 $106,100 $8,900 $97,200
2018 $5,630 $108,000 $8,900 $99,100
2017 $5,351 $108,000 $8,900 $99,100
2016 $6,012 $104,500 $12,000 $92,500
2015 $5,991 $104,500 $12,000 $92,500
2014 $5,963 $104,500 $12,000 $92,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jahshaan Champion

    Keller Williams Real Estate - Princeton

    Section Image

  • J

    Buyer's Agent in 2021

    Jess Gaddie

    BHHS Fox & Roach

    Section Image
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Map

Source: Bright MLS

MLS Number: NJME305260

Bright MLS

APN: 11-03101-0000-00030

New Jersey Mercer County Trenton 08618 Downtown Trenton

502 Riverside Ave, Trenton, NJ

This home is located at 502 Riverside Ave, Trenton, NJ 08618 since 21 November 2020 and is currently estimated at $359,140, approximately $179 per square foot. This property was built in 1920. 502 Riverside Ave 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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