NOT LISTED FOR SALE

Estimated Value: $250,000 - $367,000

-- Bed
-- Bath
1,950 Sq Ft
$150/Sq Ft Est. Value

Last Sold January 24, 2022

Last sale price $193,000 $99 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,927/month

Highlights

  • No HOA
  • 4-minute walk to Cass Street
  • 3-minute walk to Beech Playground
  • Forced Air Heating System
  • Property is in very good condition

About This Home

As of January 2022

South Trenton Triplex, great opportunity for an investor or owner occupant. Property consist of both one and two bedroom units. Fully rented and a good income producer with most utilities metered separately. Units are updated and spacious.

Last Agent to Sell the Property

Nicholas Depaola

(609) 658-9754 nick@depaola.com Coldwell Banker Realty Spring Lake License #7839826 Listed on: 06/07/2021

Coldwell Banker Realty Spring Lake

Last Buyer's Agent

Muhamad Bakarr

(732) 912-1881 muhamadbakarr@kw.com Keller Williams Realty - Cherry Hill License #9910773

Keller Williams Realty - Cherry Hill

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,531

Year Built

  • Built in 1836

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20.00 x 100.00
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • 1,950 Sq Ft Home
  • Triplex
  • Frame Construction

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Gross Income $28,800

Listing and Financial Details

  • Tax Lot 00013
  • Assessor Parcel Number 11-11602-00013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,531

Year Built

Built in 1836

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1836
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Total Sq Ft: 1950
  • Living Area Sq Ft: 1950
  • Price Per Sq Ft: 105.08
  • Above Grade Finished Sq Ft: 1950
  • Above Grade Finished Area Units: Square Feet

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: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 73500.00
  • Land Assessed Value: 8100.00
  • Lot Size Acres: 0.05
  • Lot Dimensions: 20.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2000.00
  • Property Condition: Very Good
  • Zoning: RESD

Rental Info

  • Total Actual Rent: 28800.00
  • Units Leased Count: 3
  • Vacation Rental: No

Multi Family

  • Gross Income: 28800.00
  • Gross Scheduled Income: 28800.00

Tax Info

  • Assessor Parcel Number: 2156443
  • Tax Annual Amount: 4531.00
  • Assessor Parcel Number: 11-11602-00013
  • Tax Lot: 00013
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: TRENTON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2024
Sold by
Molamin Cdb Properties Llc
Bought by
R & F Estate Llc
Current Estimated Value
$292,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Outstanding Balance
$225,864
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$66,851

Purchase Details

Listed on
Jun 7, 2021
Closed on
Jan 21, 2022
Sold by
Jefferson Taniel C and Jefferson Shareef
Bought by
Molamin Cdb Properties Llc
Seller's Agent
Nicholas Depaola
Coldwell Banker Realty Spring Lake
Buyer's Agent
Muhamad Bakarr
Keller Williams Realty - Cherry Hill
List Price
$225,000
Sold Price
$193,000
Premium/Discount to List
-$32,000
-14.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.71%
Original Mortgage
$154,400
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 10, 2019
Closed on
Dec 5, 2019
Sold by
Petro Richard S and Petro Virginia
Bought by
Jefferson Taniel C
Seller's Agent
Donald Schulte
Action USA Jay Robert Realtors
Buyer's Agent
Nicholas Depaola
Coldwell Banker Realty Spring Lake
List Price
$119,900
Sold Price
$135,000
Premium/Discount to List
$15,100
12.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.18%
Original Mortgage
$132,554
Interest Rate
3.6%
Mortgage Type
FHA
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
R & F Estate Llc $285,000 None Listed On Document
R & F Estate Llc $285,000 None Listed On Document
R & F Estate Llc $285,000 None Listed On Document
Molamin Cdb Properties Llc $193,000 Monarch Title
Jefferson Taniel C $135,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open R & F Estate Llc $228,000
Closed R & F Estate Llc $228,000
Previous Owner Molamin Cdb Properties Llc $154,400
Previous Owner Jefferson Taniel C $132,554
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/24/2022 01/24/22 Sold $193,000 -5.8% $99 / Sq Ft
12/17/2021 12/17/21 Pending -- -- --
10/18/2021 10/18/21 Price Changed $204,900 -8.9% $105 / Sq Ft
06/07/2021 06/07/21 For Sale $225,000 +66.7% $115 / Sq Ft
12/06/2019 12/06/19 Sold $135,000 +12.6% $69 / Sq Ft View Prior Sale
10/12/2019 10/12/19 Pending -- -- --
10/10/2019 10/10/19 For Sale $119,900 -- $61 / 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 $4,734 $114,100 $8,100 $106,000
2024 $4,543 $81,600 $8,100 $73,500
2023 $4,543 $81,600 $8,100 $73,500
2022 $4,454 $81,600 $8,100 $73,500
2021 $4,531 $81,600 $8,100 $73,500
2020 $4,517 $81,600 $8,100 $73,500
2019 $4,444 $81,600 $8,100 $73,500
2018 $4,254 $81,600 $8,100 $73,500
2017 $4,043 $81,600 $8,100 $73,500
2016 $4,574 $79,500 $13,000 $66,500
2015 $4,558 $79,500 $13,000 $66,500
2014 $4,536 $79,500 $13,000 $66,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME313826

Bright MLS

APN: 11-11602-0000-00013