NOT LISTED FOR SALE

Estimated Value: $213,000 - $245,000

Studio
-- Bath
2,274 Sq Ft
$101/Sq Ft Est. Value

Last Sold July 02, 2024

Last sale price $220,000 $97 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,686/month

25 Days on Market

Highlights

  • Straight Thru Architecture
  • Window Unit Cooling System
  • Hot Water Baseboard Heater

About This Home

As of July 2024

Massive opportunity for value add, cash flow. This property could potentially generate a total of of $4000 per month. First floor unit is an occupied oversized 1/1 rented at $1321. Second/third floor unit is an oversized 3/1 at $850 month to month. There is a full bathroom in the basement, which also has a walkout. This space can be used as a recreational room or for additional rental income. This duplex has separate utilities for each unit, except for water. Each floor has its own heating unit. The property features newer windows throughout. A separate gas heater is also installed in the basement. The property is being sold "as-is," with the buyer responsible for any repairs or certifications required by the city or lender inspections. All inspections are for informational purposes only. This duplex offers great functionality and potential for income. Don't miss this opportunity!

Last Agent to Sell the Property

Melanie Elliott

(267) 352-8000 melanie@c21veterans.com Century 21 Veterans-Newtown License #RS307403 Listed on: 05/31/2024

Century 21 Veterans-Newtown

Last Buyer's Agent

Melanie Elliott

(267) 352-8000 melanie@c21veterans.com Century 21 Veterans-Newtown License #RS307403 Listed on: 05/31/2024

Century 21 Veterans-Newtown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,800

Year Built

  • Built in 1869

Lot Details

  • 3,393 Sq Ft Lot
  • Lot Dimensions are 30.30 x 112.00

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Straight Thru Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Additional Features

  • Partially Finished Basement

Community Details

  • 2 Units
  • Operating Expense $4,800

Listing and Financial Details

  • The owner pays for electricity, gas, insurance, sewer, real estate taxes, water
  • Tax Lot 00004
  • Assessor Parcel Number 11-04602-00004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,800

Year Built

Built in 1869

Lot Details

3,393 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • Exclusions: Tenants personal property
  • Inclusions: Appliances, as is
  • New Construction: No
  • Year Built: 1869
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 2274
  • Living Area Sq Ft: 2274
  • Price Per Sq Ft: 129.65
  • Above Grade Finished Sq Ft: 1774
  • Below Grade Finished Sq Ft: 500
  • Total Below Grade Sq Ft: 500
  • Above Grade Finished Area Units: Square Feet

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: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 30.30 x 112.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3393.00
  • Zoning: DUPLE

Rental Info

  • Owner Pays: Electricity, Gas, Insurance, Sewer, Taxes - Real Estate, Water
  • Rent Control: No
  • Total Actual Rent: 35052.00
  • Units Leased Count: 2
  • Vacation Rental: No

Multi Family

  • Operating Expense: 4800.00

Tax Info

  • Tax Annual Amount: 5800.00
  • Assessor Parcel Number: 11-04602-00004
  • Tax Lot: 00004
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: TRENTON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2024
Closed on
Jun 8, 2024
Sold by
Leonard Justin Ryan
Bought by
Yaw Capital Llc
Seller's Agent
Melanie Elliott
Century 21 Veterans-Newtown
Buyer's Agent
Melanie Elliott
Century 21 Veterans-Newtown
List Price
$230,000
Sold Price
$220,000
Premium/Discount to List
-$10,000
-4.35%
Views
49
Current Estimated Value
$229,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,531
Avg. Annual Appreciation
2.65%
Original Mortgage
$165,000
Outstanding Balance
$162,306
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$67,225

Purchase Details

Listed on
Dec 10, 2013
Closed on
Jul 26, 2019
Sold by
Nima Mohammed Patricia
Bought by
Leonard Justin Ryan
Seller's Agent
Don Don
Century 21 Reilly Realtors
Buyer's Agent
Markese Humphrey
David DePaola and Company Real Estate
List Price
$80,000
Sold Price
$65,000
Premium/Discount to List
-$15,000
-18.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.99%
Original Mortgage
$10,000
Interest Rate
3.73%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 31, 2000
Sold by
Tucker Lindsey
Bought by
Ni'Ma Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,928
Interest Rate
8.12%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Yaw Capital Llc $220,000 None Listed On Document
Leonard Justin Ryan $65,000 Title Evolution Llc
Ni'Ma Patricia $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yaw Capital Llc $165,000
Previous Owner Leonard Justin Ryan $10,000
Previous Owner Leonard Justin Ryan $63,822
Previous Owner Ni'Ma Patricia $64,928
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/02/2024 07/02/24 Sold $220,000 -4.3% $97 / Sq Ft
05/31/2024 05/31/24 For Sale $230,000 +253.8% $101 / Sq Ft
07/26/2019 07/26/19 Sold $65,000 -18.8% -- View Prior Sale
05/07/2019 05/07/19 Pending -- -- --
12/10/2013 12/10/13 For Sale $80,000 -- --
Source: Bright MLS

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 $6,045 $104,200 $8,200 $96,000
2024 $5,801 $104,200 $8,200 $96,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2044088

Bright MLS

APN: 11-04602-0000-00004

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