NOT LISTED FOR SALE

812 Melrose Ave Trenton, NJ 08629

Villa Park Neighborhood

Estimated Value: $265,700 - $360,000

-- Bed
-- Bath
1,840 Sq Ft
$166/Sq Ft Est. Value

Last Sold October 22, 2015

Last sale price $68,000 $37 Per Sq Ft

Est. 323% increase in value since last sale

Current estimated payment $1,970/month

54 Days on Market

Highlights

  • No HOA
  • Heating System Uses Gas
  • 3-minute walk to Villa Park
  • En-Suite Primary Bedroom

About This Home

As of October 2015

BANK APPROVED! Investor friendly income producing 2-family property located in desirable Villa Park. This property features separately metered gas/electric meters and separate entrance for each tenant.The fenced and gated yard makes for a private sanctuary. Amble parking. Come take a look! Potential gross annual rental income makes for an attractive cap rate.

Last Agent to Sell the Property

Philip Angarone

ERA Central Realty Group - Bordentown License #1223831 Listed on: 06/25/2015

ERA Central Realty Group - Bordentown

Last Buyer's Agent

Iris Nitzan

BHHS Fox & Roach - Robbinsville License #1433656

BHHS Fox & Roach - Robbinsville

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1872

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,840 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Parking

  • 3 Open Parking Spaces
  • Private Parking

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00027
  • Assessor Parcel Number 11-30007-00027

Community Details

Overview

  • No Home Owners Association
  • Villa Park Subdivision

Building Details

  • Insurance Expense $800
  • Maintenance Expense $500
  • Operating Expense $6,974

Property Details

Home Type

Multi-Family

Year Built

Built in 1872

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1872
  • Remarks Public: BANK APPROVED! Investor friendly income producing 2-family property located in desirable Villa Park. This property features separately metered gas/electric meters and separate entrance for each tenant.The fenced and gated yard makes for a private sanctuary. Amble parking. Come take a look! Potential gross annual rental income makes for an attractive cap rate.
  • Special Features: 12

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Hookup
  • Total Sq Ft: 1840
  • Living Area Sq Ft: 1840
  • Price Per Sq Ft: 40.76
  • Above Grade Finished Sq Ft: 1840
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 812

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Parking Features: Private

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 750.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: TRENTON PUBLIC SCHOOLS
  • School District Key: 300200396606

Lot Info

  • Improvement Assessed Value: 62300.00
  • Land Assessed Value: 24000.00
  • Lot Size Acres: 0.09
  • Lot Dimensions: 40X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4000.00
  • Property Attached Yn: Yes
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 2170528
  • Tax Annual Amount: 4948.00
  • Assessor Parcel Number: 11-30007-00027
  • Tax Lot: 00027
  • Tax Year: 2015
  • Close Date: 10/22/2015

MLS Schools

  • School District Name: TRENTON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2021
Sold by
Ili Llc
Bought by
Ge Investment Properties Llc
Current Estimated Value
$287,904

Purchase Details

Closed on
Aug 18, 2017
Sold by
Engel David
Bought by
Ili Llc

Purchase Details

Listed on
Jun 25, 2015
Closed on
Sep 29, 2015
Sold by
Patnaik Properties International Llc
Bought by
Engel David
Seller's Agent
Philip Angarone
ERA Central Realty Group - Bordentown
Buyer's Agent
Iris Nitzan
BHHS Fox & Roach - Robbinsville
List Price
$99,500
Sold Price
$68,000
Premium/Discount to List
-$31,500
-31.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.84%
Original Mortgage
$51,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2008
Sold by
Patnaik Preetam
Bought by
Patnaik Properties International Llc

Purchase Details

Closed on
Oct 6, 2006
Sold by
Hernadnez Wanda
Bought by
Patnaik Preetam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
6.47%

Purchase Details

Closed on
Mar 10, 2000
Sold by
Fraytak David
Bought by
Cruz Wanda
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
Ge Investment Properties Llc -- Os National Resware
Ili Llc -- None Available
Engel David $68,000 Attorney
Patnaik Properties International Llc -- None Available
Patnaik Preetam $165,000 --
Cruz Wanda $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Engel David $51,000
Previous Owner Patnaik Preetam $148,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2015 10/22/15 Sold $68,000 -31.7% $37 / Sq Ft
08/18/2015 08/18/15 Pending -- -- --
06/25/2015 06/25/15 For Sale $99,500 -- $54 / 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 $4,710 $84,600 $21,600 $63,000
2023 $4,710 $84,600 $21,600 $63,000
2022 $4,617 $84,600 $21,600 $63,000
2021 $4,698 $84,600 $21,600 $63,000
2020 $4,683 $84,600 $21,600 $63,000
2019 $5,359 $98,400 $21,600 $76,800
2018 $5,130 $98,400 $21,600 $76,800
2017 $4,876 $98,400 $21,600 $76,800
2016 $4,965 $86,300 $24,000 $62,300
2015 $4,948 $86,300 $24,000 $62,300
2014 $4,924 $86,300 $24,000 $62,300
Source: Public Records

Agents Affiliated with this Home

  • Philip Angarone

    Seller's Agent in 2015

    Philip Angarone

    ERA Central Realty Group - Bordentown

    (609) 462-0062

    2 in this area

    114 Total Sales

    Section Image
  • Iris Nitzan

    Buyer's Agent in 2015

    Iris Nitzan

    BHHS Fox & Roach

    (609) 273-5550

    4 in this area

    88 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: 1003333677

Bright MLS

APN: 11-30007-0000-00027

New Jersey Mercer County Trenton 08629 Villa Park

812 Melrose Ave, Trenton, NJ

This home is located at 812 Melrose Ave, Trenton, NJ 08629 since 25 June 2015 and is currently estimated at $305,925, approximately $166 per square foot. This property was built in 1872. 812 Melrose Ave is a home located in Mercer County with nearby schools including Hedgepeth-Williams Elementary School, Trenton Central High School - Main Campus, and Pace Charter School Of Hamilton.

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