$285,000
SOLD AUG 13, 2025
-- Bed
-- Bath
1,485 Sq Ft
0.29 Acres

Recently Sold

$192 Per Sq Ft

21% Below List Price

109 Days on Market

Highlights

  • 0.29 Acre Lot
  • Forced Air Heating System
  • Dwelling with Rental

About This Home

As of August 2025

This property has been reduced for quick sale. This is a two apartment unit home. The first floor unit is a two bedroom with one full bath and access to the basement. The second floor unit is a 1 bedroom, 1 bath. All mechanicals are in the basement. Both current tenants are on month-to-month leases.

Last Agent to Sell the Property

Lisa Gellner

Action USA Jay Robert Realtors Listed on: 03/14/2025

Last Buyer's Agent

Sara Guadron

Coldwell Banker Residential Brokerage-Princeton Jct License #2187407

Coldwell Banker Residential Brokerage-Princeton Jct

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,537

Year Built

  • Built in 1923

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 39.60 x 316.00

Parking

  • On-Street Parking

Home Design

  • 1,485 Sq Ft Home
  • Duplex
  • Dwelling with Rental
  • Block Foundation
  • Frame Construction

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater

Additional Features

  • Unfinished Basement

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • The owner pays for heat
  • Tax Lot 00003
  • Assessor Parcel Number 11-32802-00003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,537

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Dwelling With Rental
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1923
  • Automatically Close On Close Date: No
  • Remarks Public: This property has been reduced for quick sale. This is a two apartment unit home. The first floor unit is a two bedroom with one full bath and access to the basement. The second floor unit is a 1 bedroom, 1 bath. All mechanicals are in the basement. Both current tenants are on month-to-month leases.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1485
  • Living Area Sq Ft: 1485
  • Price Per Sq Ft: 201.35
  • Above Grade Finished Sq Ft: 1485
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 54

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
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(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: 0.29
  • Lot Dimensions: 39.60 x 316.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12514.00
  • Year Assessed: 2024
  • Zoning: RB1

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Owner Pays: Heat
  • Rent Control: Yes
  • Total Actual Rent: 22200.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6537.00
  • Assessor Parcel Number: 11-32802-00003
  • Tax Lot: 00003
  • Tax Total Finished Sq Ft: 1485
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 08/13/2025

MLS Schools

  • School District Name: TRENTON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2025
Closed on
Aug 11, 2025
Sold by
Rader Shirley M and Gellner Lisa A
Bought by
Se Property Management Llc
Seller's Agent
Lisa Gellner
Action USA Jay Robert Realtors
Buyer's Agent
Sara Guadron
Coldwell Banker Residential Brokerage-Princeton Jct
List Price
$359,000
Sold Price
$285,000
Premium/Discount to List
-$74,000
-20.61%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.75%
Original Mortgage
$228,000
Outstanding Balance
$228,000
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$67,136

Purchase Details

Closed on
Jul 13, 1993
Bought by
Rader Shirley M
Source: Public Records

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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 $285,000 Westcor Land Title
Deed $60,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $228,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2025 08/13/25 Sold $285,000 -4.7% $192 / Sq Ft
06/13/2025 06/13/25 Price Changed $299,000 -9.1% $201 / Sq Ft
05/09/2025 05/09/25 Price Changed $329,000 -8.4% $222 / Sq Ft
03/14/2025 03/14/25 For Sale $359,000 0.0% $242 / Sq Ft
05/15/2020 05/15/20 Rented $1,000 0.0% --
03/16/2020 03/16/20 Under Contract -- -- --
02/27/2020 02/27/20 For Rent $1,000 -- --
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 $6,538 $112,700 $29,100 $83,600
2024 $6,274 $112,700 $29,100 $83,600
2023 $6,274 $112,700 $29,100 $83,600
2022 $6,151 $112,700 $29,100 $83,600
2021 $6,258 $112,700 $29,100 $83,600
2020 $6,238 $112,700 $29,100 $83,600
2019 $6,138 $112,700 $29,100 $83,600
2018 $5,875 $112,700 $29,100 $83,600
2017 $5,584 $112,700 $29,100 $83,600
2016 $4,453 $77,400 $20,000 $57,400
2015 $4,437 $77,400 $20,000 $57,400
2014 $4,416 $77,400 $20,000 $57,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2055826

Bright MLS

APN: 11-32802-0000-00003