NOT LISTED FOR SALE

701 E State St Trenton, NJ 08609

Greenwood & Hamilton Neighborhood

Estimated Value: $323,112

-- Bed
-- Bath
3,288 Sq Ft
$98/Sq Ft Est. Value

Last Sold May 08, 2020

Last sale price $91,635 $28 Per Sq Ft

Est. 253% increase in value since last sale

Current estimated payment $2,359/month

Highlights

  • No HOA
  • Forced Air Heating System
  • 4-minute walk to Chestnut Community Garden

About This Home

As of May 2020

Great investment property featuring 4 apartments and a store front. This is a large corner building centrally located and priced to sell! Property is being sold As-Is, Where-Is, with no warranties expressed or implied. Purchaser responsible for any and all inspections and certifications needed for settlement.Property being sold as is .

Last Agent to Sell the Property

Rosemarie Jenkins

Vylla Home License #1435739 Listed on: 01/09/2020

Vylla Home

Last Buyer's Agent

Jessica Richardson

Compass

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1897

Lot Details

  • 1,523 Sq Ft Lot
  • Lot Dimensions are 18.90 x 80.60

Parking

  • On-Street Parking

Home Design

  • 3,288 Sq Ft Home
  • Quadruplex
  • Converted Dwelling
  • Brick Exterior Construction

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Tax Lot 00018
  • Assessor Parcel Number 11-12901-00018

Property Details

Home Type

Multi-Family

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1897
  • Remarks Public: Great investment property featuring 4 apartments and a store front. This is a large corner building centrally located and priced to sell! Property is being sold As-Is, Where-Is, with no warranties expressed or implied. Purchaser responsible for any and all inspections and certifications needed for settlement.Property being sold as is .
  • Special Features: None

Interior Features

  • Fireplace: No
  • Total Sq Ft: 3288
  • Living Area Sq Ft: 3288
  • Price Per Sq Ft: 29.96
  • Above Grade Finished Sq Ft: 3288
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 701

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 99600.00
  • Land Assessed Value: 26900.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 18.90 x 80.60
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1523.00
  • Year Assessed: 2019
  • Zoning: COMMERCIAL

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2157251
  • Tax Annual Amount: 6889.00
  • Assessor Parcel Number: 11-12901-00018
  • Tax Lot: 00018
  • Tax Total Finished Sq Ft: 3288
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 05/08/2020

Multi Family

  • Single Room Units Count: 1

MLS Schools

  • School District Name: TRENTON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2022
Sold by
Yaw Equity Llc
Bought by
701 E State St Llc
Current Estimated Value
$323,112

Purchase Details

Closed on
Jan 24, 2022
Sold by
701 E State Llc and Houshare Holdings Llc
Bought by
Yaw Equity Llc

Purchase Details

Listed on
Jan 9, 2020
Closed on
Mar 24, 2020
Sold by
Wells Fargo Bank National Association
Bought by
701 E State Llc
Seller's Agent
Rosemarie Jenkins
Vylla Home
Buyer's Agent
Jessica Richardson
Compass
List Price
$105,400
Sold Price
$91,635
Premium/Discount to List
-$13,765
-13.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.62%

Purchase Details

Closed on
May 16, 2018
Sold by
Lal Rita and Doe John
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Feb 25, 2004
Sold by
Jolley Gary
Bought by
Lal Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
5.58%
Mortgage Type
Commercial
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 Buyer Sale Price Title Company
701 E State St Llc $260,000 Dekel Abstract
701 E State St Llc $260,000 Dekel Abstract
Yaw Equity Llc $212,000 Dekel Abstract
701 E State Llc $91,635 Lemonbrew Title Agency
701 E State Llc $91,635 New Title Company Name
Wells Fargo Bank N A -- None Available
Lal Rita $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lal Rita $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2020 05/08/20 Sold $91,635 -7.0% $28 / Sq Ft
02/27/2020 02/27/20 Pending -- -- --
01/17/2020 01/17/20 Price Changed $98,500 -6.5% $30 / Sq Ft
01/09/2020 01/09/20 For Sale $105,400 -- $32 / 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 $7,338 $126,500 $26,900 $99,600
2024 $7,042 $126,500 $26,900 $99,600
2023 $7,042 $126,500 $26,900 $99,600
2022 $6,904 $126,500 $26,900 $99,600
2021 $7,025 $126,500 $26,900 $99,600
2020 $7,002 $126,500 $26,900 $99,600
2019 $6,889 $126,500 $26,900 $99,600
2018 $7,168 $137,500 $29,200 $108,300
2017 $6,813 $137,500 $29,200 $108,300
2016 $5,327 $92,600 $9,000 $83,600
2015 $5,309 $92,600 $9,000 $83,600
2014 $5,284 $92,600 $9,000 $83,600
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Rosemarie Jenkins

    Vylla Home

    (609) 496-8221

    1 in this area

    35 Total Sales

    Rosemarie Jenkins
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJME290002

Bright MLS

APN: 11-12901-0000-00018

New Jersey Mercer County Trenton 08609 Greenwood & Hamilton

701 E State St, Trenton, NJ

This home is located at 701 E State St, Trenton, NJ 08609 since 09 January 2020 and is currently estimated at $323,112, approximately $98 per square foot. This property was built in 1897. 701 E State St is a home located in Mercer County with nearby schools including P.J. Hill Elementary School, Grant Elementary School, and Luis Munoz Rivera Elementary School.

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