NOT LISTED FOR SALE

Estimated Value: $223,659 - $314,000

Studio
-- Bath
1,572 Sq Ft
$166/Sq Ft Est. Value

Last Sold March 18, 2022

Last sale price $165,000 $105 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,719/month

32 Days on Market

Highlights

  • Federal Architecture
  • Forced Air Heating System
  • 2-minute walk to Greg Grant Park
  • More Than Two Accessible Exits

About This Home

As of March 2022

Fully occupied duplex ready for a new owner/investor. Both units. Separate utilities and the kitchens and baths were redone in the last 10 or so years. Unit 1 is a 2 bedroom (790/month), 1 bath and unit 2 is a 4bed, 1 bath ($925/month). 7%+ Cap rate and great potential to increase rents. This property can be sold by itself or packaged with MLS# NJME2007146, NJME2007172, NJME2007174, and NJME200718 for a total price of $825,000. Call today to schedule your showing. Seller will provide the CO.

Last Agent to Sell the Property

Danielle South

(856) 298-2751 danielle.south@cbpref.com Coldwell Banker Realty License #1971303 Listed on: 11/11/2021

Coldwell Banker Realty

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,054

Year Built

  • Built in 1886

Lot Details

  • 2,375 Sq Ft Lot
  • Lot Dimensions are 19.00 x 125.00

Parking

  • On-Street Parking

Home Design

  • 1,572 Sq Ft Home
  • Duplex
  • Federal Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Vinyl Siding

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for insurance, sewer, water, real estate taxes
  • Tax Lot 00036
  • Assessor Parcel Number 11-26401-00036

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,054

Year Built

Built in 1886

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Federal
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1886
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Total Sq Ft: 1572
  • Living Area Sq Ft: 1572
  • Price Per Sq Ft: 107.82
  • Above Grade Finished Sq Ft: 1572
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • 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: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 67500.00
  • Land Assessed Value: 5500.00
  • Lot Size Acres: 0.05
  • Lot Dimensions: 19.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2375.00
  • Zoning: RES

Rental Info

  • Existing Lease Type: Long Term
  • Owner Pays: Insurance, Sewer, Water, Taxes - Real Estate
  • Rent Control: No
  • Total Actual Rent: 20100.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2168103
  • Tax Annual Amount: 4054.00
  • Assessor Parcel Number: 11-26401-00036
  • Tax Lot: 00036
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: TRENTON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2021
Closed on
Mar 9, 2022
Sold by
Syphax Tracey D
Bought by
Mareva 1 Real Estate Llc
Seller's Agent
Danielle South
Coldwell Banker Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$169,500
Sold Price
$165,000
Premium/Discount to List
-$4,500
-2.65%
Current Estimated Value
$261,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,415
Avg. Annual Appreciation
12.87%
Original Mortgage
$132,000
Outstanding Balance
$122,425
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$138,990

Purchase Details

Closed on
Mar 30, 2007
Sold by
Trenton Minority Devt Cor P
Bought by
Syphaz Tracey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
6.16%
Source: Public Records
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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
Mareva 1 Real Estate Llc $165,000 New Title Company Name
Syphaz Tracey -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mareva 1 Real Estate Llc $132,000
Previous Owner Syphaz Tracey --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2022 03/18/22 Sold $165,000 -2.7% $105 / Sq Ft
12/13/2021 12/13/21 Pending -- -- --
11/11/2021 11/11/21 For Sale $169,500 -- $108 / 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 $4,235 $73,000 $5,500 $67,500
2024 $4,064 $73,000 $5,500 $67,500
2023 $4,064 $73,000 $5,500 $67,500
2022 $3,984 $73,000 $5,500 $67,500
2021 $4,054 $73,000 $5,500 $67,500
2020 $4,041 $73,000 $5,500 $67,500
2019 $3,976 $73,000 $5,500 $67,500
2018 $3,805 $73,000 $5,500 $67,500
2017 $3,617 $73,000 $5,500 $67,500
2016 $4,556 $79,200 $6,000 $73,200
2015 $1,846 $79,200 $6,000 $73,200
2014 $1,837 $79,200 $6,000 $73,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2007102

Bright MLS

APN: 11-26401-0000-00036