$240,000
SOLD MAR 26, 2025
-- Bed
-- Bath
1,512 Sq Ft
3,123 Sq Ft Lot

Recently Sold

$159 Per Sq Ft

19% Below List Price

168 Days on Market

Highlights

  • Traditional Architecture
  • Ceiling Fan
  • 3-minute walk to Sony Vereen Playground
  • Forced Air Heating System

About This Home

As of March 2025

Reduced Price! Welcome to 523 North Clinton Ave, Trenton, NJ! This cozy property, just over 1,500 sqft, offers a fantastic investment opportunity with instant cash flow. The property features two well-maintained units: the downstairs unit is a charming 1-bedroom, 1-bathroom space currently available for rent at $1,295 per month, and the upstairs unit is a 3-bedroom, 1-bathroom home. There is potential to reach $37,140 with market rate rents. Whether you’re looking to live in one unit and rent out the other, or fully capitalize on both as rental income, this property provides endless possibilities. Don’t miss out on this opportunity to add a strong asset to your portfolio in a growing area!

Last Agent to Sell the Property

Joseph Miczak

(609) 308-2885 jmiczak@weichert.com Weichert Realtors-Princeton Junction License #5021859 Listed on: 08/30/2024

Weichert Realtors-Princeton Junction

Co-Listed By

Desmond Stanley

(216) 240-5287 dstanley@weichert.com Weichert Realtors-Princeton Junction License #RS377400

Last Buyer's Agent

Joseph Miczak

(609) 308-2885 jmiczak@weichert.com Weichert Realtors-Princeton Junction License #5021859 Listed on: 08/30/2024

Weichert Realtors-Princeton Junction

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,428

Year Built

  • Built in 1900

Lot Details

  • 3,123 Sq Ft Lot
  • Lot Dimensions are 25.00 x 125.00

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,512 Sq Ft Home
  • Ceiling Fan

Utilities

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

Listing and Financial Details

  • Tax Lot 00024
  • Assessor Parcel Number 11-21705-00024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,428

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Reduced Price! Welcome to 523 North Clinton Ave, Trenton, NJ! This cozy property, just over 1,500 sqft, offers a fantastic investment opportunity with instant cash flow. The property features two well-maintained units: the downstairs unit is a charming 1-bedroom, 1-bathroom space currently available for rent at $1,295 per month, and the upstairs unit is a 3-bedroom, 1-bathroom home. There is potential to reach $37,140 with market rate rents. Whether you’re looking to live in one unit and rent out the other, or fully capitalize on both as rental income, this property provides endless possibilities. Don’t miss out on this opportunity to add a strong asset to your portfolio in a growing area!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Total Sq Ft: 1512
  • Living Area Sq Ft: 1512
  • Price Per Sq Ft: 177.91
  • Above Grade Finished Sq Ft: 1512
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 523

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
  • Cooling Fuel: Natural Gas
  • Cooling Type: Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: TRENTON PUBLIC SCHOOLS
  • School District Key: 300200396606
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 25.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3123.00
  • Year Assessed: 2024
  • Zoning: RESIDENTIAL

Rental Info

  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3428.00
  • Assessor Parcel Number: 11-21705-00024
  • Tax Lot: 00024
  • Tax Total Finished Sq Ft: 1512
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 03/26/2025

MLS Schools

  • School District Name: TRENTON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2024
Closed on
Mar 25, 2025
Sold by
Tavernese Vincent and Tavernese Juliana
Bought by
Jel Realty Llc
Seller's Agent
Joseph Miczak
Weichert Realtors-Princeton Junction
Buyer's Agent
Joseph Miczak
Weichert Realtors-Princeton Junction
List Price
$295,000
Sold Price
$240,000
Premium/Discount to List
-$55,000
-18.64%
Views
116
Current Estimated Value
$241,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,570
Avg. Annual Appreciation
1.37%
Original Mortgage
$231,000
Outstanding Balance
$230,018
Interest Rate
6.87%
Mortgage Type
Construction
Estimated Equity
$11,552

Purchase Details

Listed on
Aug 25, 2020
Closed on
Nov 25, 2020
Sold by
Suero Joel
Bought by
Tavernese Vincent and Hincapie Juliana
Seller's Agent
ROSE DUNN
Keller Williams Premier
Buyer's Agent
Joseph Miczak
Weichert Realtors-Princeton Junction
List Price
$129,900
Sold Price
$130,000
Premium/Discount to List
$100
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.06%
Original Mortgage
$97,500
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2017
Sold by
Winston Group One Inc
Bought by
Suero Joel

Purchase Details

Closed on
Jul 20, 2011
Sold by
Semidevkina Violetta
Bought by
Winston Group One Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
4.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2010
Sold by
Dlj Mortgage Capital Inc
Bought by
Samidevkina Violetta

Purchase Details

Closed on
Oct 20, 2009
Sold by
Grp Loan Llc
Bought by
Dlj Mortgage Capital Inc

Purchase Details

Closed on
Jul 7, 2009
Sold by
Henderson Justin
Bought by
Grp Loan Llc

Purchase Details

Closed on
Oct 24, 2006
Sold by
Hoffman Yael
Bought by
Henderson Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
6.33%

Purchase Details

Closed on
Jul 7, 2003
Sold by
Mickens Mildred
Bought by
Bay Properties Llc

Purchase Details

Closed on
Feb 1, 2002
Sold by
Ktc Investors Llc
Bought by
Kramsky Les and Abby Kramsky

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,600
Interest Rate
7%
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Bargain Sale Deed $240,000 Stewart Title
Bargain Sale Deed $240,000 Stewart Title
Deed $130,000 Foundation Title
Deed $60,000 Emerald Title Agency
Bargain Sale Deed $64,500 None Available
Deed $29,900 None Available
Quit Claim Deed -- None Available
Sheriffs Deed -- None Available
Deed $91,000 --
Deed $23,500 --
Deed $34,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $231,000 Construction
Closed $231,000 Construction
Previous Owner $97,500 New Conventional
Previous Owner $87,500 New Conventional
Previous Owner $30,000 Purchase Money Mortgage
Previous Owner $97,000 No Value Available
Previous Owner $30,600 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2025 03/26/25 Sold $240,000 +13614.3% $159 / Sq Ft
02/14/2025 02/14/25 Pending -- -- --
02/01/2025 02/01/25 Rented $1,750 0.0% --
01/29/2025 01/29/25 Off Market $1,750 -- --
11/04/2024 11/04/24 For Rent $1,750 0.0% --
09/27/2024 09/27/24 Price Changed $269,000 -8.8% $178 / Sq Ft
08/30/2024 08/30/24 For Sale $295,000 +126.9% $195 / Sq Ft
11/11/2020 11/11/20 Sold $130,000 +0.1% $86 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $129,900 -- $86 / 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 $3,428 $59,100 $3,300 $55,800
2024 $3,290 $59,100 $3,300 $55,800
2023 $3,290 $59,100 $3,300 $55,800
2022 $3,226 $59,100 $3,300 $55,800
2021 $3,282 $59,100 $3,300 $55,800
2020 $3,271 $59,100 $3,300 $55,800
2019 $3,219 $59,100 $3,300 $55,800
2018 $3,081 $59,100 $3,300 $55,800
2017 $2,928 $59,100 $3,300 $55,800
2016 $3,337 $58,000 $6,900 $51,100
2015 $3,325 $58,000 $6,900 $51,100
2014 $3,309 $58,000 $6,900 $51,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2048226

Bright MLS

APN: 11-21705-0000-00024