$825,000
SOLD FEB 28, 2025

503 Reed Ln Trenton, NJ 08691

3 Beds
3.5 Baths
2,964 Sq Ft
5,098 Sq Ft Lot

Recently Sold

$278 Per Sq Ft

3% Above List Price

18 Days on Market

Highlights

  • No HOA
  • 2 Car Detached Garage
  • Living Room
  • Sharon Elementary School Rated A-
  • Oversized Parking
  • Forced Air Heating and Cooling System

About This Home

As of February 2025

Considered one of the most coveted locations in Robbinsville's Town Center, this home has bus access to all three Robbinsville Township Schools AND it is directly across the street from Union Street Park! On top of that, there is no HOA fee! This Carriage 1 model boasts 3BR, 3.5BA and almost 3,000 sq ft of finished space! Flowing floor plan on the main level w/ hardwood flooring and warm neutral paint colors. Formal living room, dining room and family room w/ gas fireplace beside the kitchen w/ granite countertops, ceramic tile flooring and 42-in chestnut maple cabinetry. There is also a room adjacent to the kitchen w/ laundry connections that can be converted into a walk-in pantry! Upstairs you will find three carpeted bedrooms, all with custom closet shelving! The primary suite has a walk-in closet and a large ensuite bathroom w/ double sinks, shower stall and soaking tub. Full finished basement w/ CUSTOM theater room and bar w/ built-in wine refrigerator, sink & dishwasher. A laundry area and 3/4 bathroom complete the lower level. Freshly painted, new roof in 2022! Large back yard with room for entertaining and gardening; vinyl privacy fence leads to a detached two-car garage equipped with a Tesla charger! Centrally located near shopping, grocery & award winning dining - Plus, major corridors such as Route 130, I-95, I-195, the NJ Turnpike and just 10 minutes from the Hamilton Train Station, you are not going to want to miss the opportunity to see why everybody raves about Robbinsville!

Last Agent to Sell the Property

Vanessa Stefanics

(609) 203-1380 v.stefanics@gmail.com RE/MAX Tri County Listed on: 01/17/2025

RE/MAX Tri County

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,794

Year Built

  • Built in 2006

Lot Details

  • 5,098 Sq Ft Lot
  • Lot Dimensions are 46x110
  • Vinyl Fence
  • Property is zoned TC, Town Center

Parking

  • 2 Car Detached Garage
  • Oversized Parking

Home Design

  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 2 Levels
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement
  • Laundry in Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Town Center Subdivision

Listing and Financial Details

  • Tax Lot 00002
  • Assessor Parcel Number 12-00008 16-00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,794

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Media Room
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Basement, Main Floor, Hookup
  • Total Sq Ft: 2964
  • Living Area Sq Ft: 2964
  • Price Per Sq Ft: 369.64
  • Above Grade Finished Sq Ft: 2164
  • Below Grade Finished Sq Ft: 800
  • Total Below Grade Sq Ft: 800
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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 Source: Listing Agent

Lot Info

  • Fencing: Vinyl
  • Lot Size Acres: 0.12
  • Lot Dimensions: 46x110
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5098.00
  • Zoning: TC
  • Zoning Description: Town Center

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 11794.00
  • Assessor Parcel Number: 12-00008 16-00002
  • Tax Lot: 00002
  • Tax Year: 2024

MLS Schools

  • School District Name: ROBBINSVILLE TWP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2025
Closed on
Feb 24, 2025
Sold by
Palagiri Veera P and Palagiri Naga R
Bought by
Merkle Clayton J and Merkle Sarah N
Seller's Agent
Vanessa Stefanics
RE/MAX Tri County
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$799,900
Sold Price
$825,000
Premium/Discount to List
$25,100
3.14%
Views
36
Current Estimated Value
$847,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,839
Avg. Annual Appreciation
3.61%
Original Mortgage
$540,000
Outstanding Balance
$537,284
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$310,555

Purchase Details

Closed on
Feb 26, 2006
Sold by
Sharbell Newtown Inc
Bought by
Palagiri Veera and Palagiri Naga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $825,000 Group 21 Title
Deed $825,000 Group 21 Title
Deed $451,419 --
Deed $451,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $540,000 New Conventional
Closed $540,000 New Conventional
Previous Owner $359,650 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2025 02/28/25 Sold $825,000 +3.1% $278 / Sq Ft
01/17/2025 01/17/25 For Sale $799,900 -- $270 / 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 $14,802 $442,900 $197,000 $245,900
2024 $13,814 $442,900 $197,000 $245,900
2023 $13,814 $442,900 $197,000 $245,900
2022 $13,278 $442,900 $197,000 $245,900
2021 $13,088 $442,900 $197,000 $245,900
2020 $13,092 $442,900 $197,000 $245,900
2019 $12,555 $424,600 $197,000 $227,600
2018 $12,475 $424,600 $197,000 $227,600
2017 $12,449 $424,600 $197,000 $227,600
2016 $12,335 $424,600 $197,000 $227,600
2015 $12,148 $424,600 $197,000 $227,600
2014 $12,190 $424,600 $197,000 $227,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2053588

Bright MLS

APN: 12-00008-16-00002