Seller's Agent in 2023
Vanessa Reina
Weichert Corporate
(609) 921-1900
5 in this area
14 Total Sales
61 Princeton Ave Hopewell, NJ 08525
Estimated Value: $416,616 - $484,000
--
Bed
--
Bath
--
Sq Ft
9,627
Sq Ft Lot
Highlights
- New Construction
- No HOA
- Property is in excellent condition
- Hopewell Valley Central High School Rated A
About This Home
As of September 2023**LAND for sale to build rental unit building** There is no structure currently on the property.
This prime piece of land offers an exceptional opportunity for real estate investors and developers. With its approved use for a building with (3) 3 bedroom/2 bath rental units, including basement and garage, this property is a rare find in a highly desirable location.
The zoning regulations in this area allow for three rental units, making this land a lucrative investment opportunity. Property has been developed and all approvals have been obtained. Architectural and site plans are included. Construction is ready to start!
**This property cannot be subdivided. One deed will be issued for 3 rental units. Units cannot be sold individually.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,704
Lot Details
- 9,627 Sq Ft Lot
- Lot Dimensions are 55.00 x 175.00
- Property is in excellent condition
- Property is zoned BR
Parking
- Driveway
Home Design
- New Construction
Schools
- Hopewell Elementary School
- Central High School
Additional Features
- Property has 2 Levels
- Public Hookup Available For Sewer
- Basement
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 00104
- Assessor Parcel Number 05-00025-00104
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 5, 2023
Closed on
Sep 12, 2023
Sold by
Spartacus Investments Llc
Bought by
61 Princeton Ave Llc
Seller's Agent
Vanessa Reina
Weichert Realtors - Princeton
Buyer's Agent
Tom McGann
Market Advantage Real Estate
List Price
$380,000
Sold Price
$380,000
Views
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,308
Avg. Annual Appreciation
7.71%
Purchase Details
Listed on
Sep 20, 2017
Closed on
Nov 8, 2018
Sold by
Leigh Jennifer
Bought by
Spartacus Investments Llc
Seller's Agent
Bonnie Fell
BHHS Fox & Roach Hopewell Valley
Buyer's Agent
Vanessa Reina
Weichert Realtors - Princeton
List Price
$238,000
Sold Price
$218,000
Premium/Discount to List
-$20,000
-8.4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.17%
Purchase Details
Closed on
Mar 27, 2006
Sold by
Leigh Robert
Bought by
Leigh Jennifer
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 61 Princeton Ave Llc | $380,000 | None Listed On Document | |
| Spartacus Investments Llc | $218,000 | Westcor Land Title Ins Co | |
| Leigh Jennifer | $305,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Leigh Jennifer H | $205,000 | |
| Previous Owner | Leigh Jennifer H | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/15/2023 09/15/23 | Sold | $380,000 | 0.0% | -- |
| 07/05/2023 07/05/23 | For Sale | $380,000 | +74.3% | -- |
| 11/15/2018 11/15/18 | Sold | $218,000 | -8.4% | $172 / Sq Ft |
| 06/05/2018 06/05/18 | Pending | -- | -- | -- |
| 09/20/2017 09/20/17 | For Sale | $238,000 | -- | $188 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $7,208 | $209,600 | $209,600 | -- |
| 2024 | $6,938 | $209,600 | $209,600 | $0 |
| 2023 | $6,938 | $209,600 | $209,600 | $0 |
| 2022 | $6,705 | $209,600 | $209,600 | $0 |
| 2021 | $6,584 | $209,600 | $209,600 | $0 |
| 2020 | $6,491 | $209,600 | $209,600 | $0 |
| 2019 | $9,101 | $298,300 | $209,600 | $88,700 |
| 2018 | $8,707 | $298,300 | $209,600 | $88,700 |
| 2017 | $8,439 | $298,300 | $209,600 | $88,700 |
| 2016 | $8,164 | $298,300 | $209,600 | $88,700 |
| 2015 | $8,218 | $298,300 | $209,600 | $88,700 |
| 2014 | $7,768 | $303,200 | $225,500 | $77,700 |
Source: Public Records
Agents Affiliated with this Home
-
Vanessa Reina
-
Tom McGann
T
Buyer's Agent in 2023
Tom McGann
Market Advantage Real Estate
(609) 915-5809
5 in this area
23 Total Sales
-
Bonnie Fell
Seller's Agent in 2018
Bonnie Fell
BHHS Fox & Roach
(609) 731-4570
2 Total Sales
Map
Source: Bright MLS
MLS Number: NJME2029892
APN: 05-00025-0000-00104
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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
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