NOT LISTED FOR SALE

8 Walnut St Bordentown, NJ 08505

Estimated Value: $412,082

2 Beds
2 Baths
2,000 Sq Ft
$206/Sq Ft Est. Value

Last Sold June 21, 2019

Last sale price $240,000 $120 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,955/month

51 Days on Market

Highlights

  • Open Floorplan
  • Combination Kitchen and Living
  • Stained Glass
  • Colonial Architecture
  • No HOA
  • 3-minute walk to West Street Park

About This Home

As of June 2019

Your chance to own a piece of history! Built in 1886 this wonderful building started out as the Citizens Hook & Ladder Fire Station. This year will celebrate the 50th anniversary of the continual use as the Firehouse Art Gallery. Recently renovated living space on the 2nd floor with all new flooring, new ductless AC, remodeled kitchen with granite countertops and full appliance package, lovely full bath with custom tile work. There are soaring ceilings throughout, open living space with a "loft" feel, two bedrooms, gorgeous, artist-made stained glass windows. This property is zoned residential/commercial and the flexible space on the first floor is ready for it's continued use as an art gallery/school or many other uses, bring our imagination. Large main room, large second room, both with soaring ceilings and an additional room currently used as a laundry room with a full bath. Located on a charming street in the center of Bordentown, which is filled with shops and wonderful restaurants. A short walk to the River Line for ease of commute. Possibility of FHA financing to qualified buyer, why rent when you can own? Take advantage of huge tax benefits!

Last Agent to Sell the Property

Sandy Sheets

RE/MAX World Class Realty Listed on: 03/26/2019

Last Buyer's Agent

GinaMarie Mazur

RE/MAX Tri County

RE/MAX Tri County

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,384

Year Built

  • Built in 1886

Lot Details

  • 1,002 Sq Ft Lot
  • Lot Dimensions are 17 x 60
  • Downtown Location
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Colonial Architecture
  • Studio
  • Brick Exterior Construction

Interior Spaces

  • 2,000 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Stained Glass
  • Combination Kitchen and Living
  • Dining Room

Kitchen

  • Self-Cleaning Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Front Loading Dryer
  • Front Loading Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Schools

  • Bordentown Regional High School

Utilities

  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Hot Water Baseboard Heater
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00012
  • Assessor Parcel Number 03-01003-00012

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,384

Year Built

Built in 1886

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: refrigerator, range, dishwasher, washer, dryer
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: No
  • Year Built: 1886
  • Remarks Public: Your chance to own a piece of history! Built in 1886 this wonderful building started out as the Citizens Hook & Ladder Fire Station. This year will celebrate the 50th anniversary of the continual use as the Firehouse Art Gallery. Recently renovated living space on the 2nd floor with all new flooring, new ductless AC, remodeled kitchen with granite countertops and full appliance package, lovely full bath with custom tile work. There are soaring ceilings throughout, open living space with a "loft" feel, two bedrooms, gorgeous, artist-made stained glass windows. This property is zoned residential/commercial and the flexible space on the first floor is ready for it's continued use as an art gallery/school or many other uses, bring our imagination. Large main room, large second room, both with soaring ceilings and an additional room currently used as a laundry room with a full bath. Located on a charming street in the center of Bordentown, which is filled with shops and wonderful restaurants. A short walk to the River Line for ease of commute. Possibility of FHA financing to qualified buyer, why rent when you can own? Take advantage of huge tax benefits!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Dryer - Front Loading, Oven - Self Cleaning, Refrigerator, Washer - Front Loading, Water Heater
  • Interior Amenities: Combination Kitchen/Living, Dining Area, Floor Plan - Open, Stain/Lead Glass, Studio
  • Fireplace: No
  • Levels Count: 2
  • Room Count: 6
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1, Laundry, Commercial/Retail Space
  • Basement: Yes
  • Basement Type: Full, Sump Pump, Unfinished
  • Basement Footprint Percent: 0.33
  • Laundry Type: Main Floor
  • Total Sq Ft: 2000
  • Living Area Sq Ft: 2000
  • Price Per Sq Ft: 129.95
  • Above Grade Finished Sq Ft: 2000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Spa: No
  • 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: Heat Pump(s)
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Baseboard - Hot Water, Heat Pump - Electric Backup
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: BORDENTOWN REGIONAL SCHOOL DISTRICT
  • High School: BORDENTOWN REGIONAL H.S.
  • High School Source: Listing Agent
  • School District Key: 300200396946
  • School District Source: Listing Agent
  • High School: BORDENTOWN REGIONAL H.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 143800.00
  • Land Assessed Value: 66200.00
  • Lot Size Acres: 0.02
  • Lot Dimensions: 17 x 60
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1002.00
  • Property Condition: Good
  • Year Assessed: 2019
  • Zoning: COMM RES

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1598486
  • Tax Annual Amount: 7384.00
  • Assessor Parcel Number: 03-01003-00012
  • Tax Lot: 00012
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 06/21/2019

MLS Schools

  • School District Name: BORDENTOWN REGIONAL SCHOOL DISTRICT

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2019
Closed on
Jun 19, 2019
Sold by
Gibbons Eric and Lin Tim Dongkui
Bought by
Murphy Amy Gill
Seller's Agent
Sandy Sheets
RE/MAX World Class Realty
Buyer's Agent
GinaMarie Mazur
RE/MAX Tri County
List Price
$265,900
Sold Price
$240,000
Premium/Discount to List
-$25,900
-9.74%
Total Days on Market
51
Current Estimated Value
$412,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,082
Avg. Annual Appreciation
9.72%
Original Mortgage
$235,653
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
May 30, 1995
Sold by
Crosby Juanita K
Bought by
Gibbons Eric
Source: Public Records

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Range of Values:

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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
Murphy Amy Gill $240,000 Surety Title Company Llc
Gibbons Eric $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gill Murphy Amy $230,595
Closed Murphy Amy Gill $235,653
Previous Owner Gibbons Eric $142,000
Previous Owner Gibbons Eric $138,000
Previous Owner Gibbons Eric J $150,000
Previous Owner Gibbons Eric $148,000
Previous Owner Gibbons Eric $20,723
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2019 06/21/19 Sold $240,000 -7.7% $120 / Sq Ft
05/16/2019 05/16/19 Pending -- -- --
03/27/2019 03/27/19 Price Changed $259,900 -2.3% $130 / Sq Ft
03/26/2019 03/26/19 For Sale $265,900 -- $133 / 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
2024 $7,705 $218,200 $66,200 $152,000
2023 $7,705 $218,200 $66,200 $152,000
2022 $7,438 $218,200 $66,200 $152,000
2021 $7,528 $218,200 $66,200 $152,000
2020 $7,585 $218,200 $66,200 $152,000
2019 $7,384 $210,000 $66,200 $143,800
2018 $7,274 $210,000 $66,200 $143,800
2017 $7,062 $210,000 $66,200 $143,800
2016 $6,995 $210,000 $66,200 $143,800
2015 $6,945 $210,000 $66,200 $143,800
2014 $6,613 $210,000 $66,200 $143,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL339250

Bright MLS

APN: 03-01003-0000-00012