NOT LISTED FOR SALE

Estimated Value: $239,209 - $290,000

-- Bed
-- Bath
1,680 Sq Ft
$157/Sq Ft Est. Value

Last Sold February 20, 2024

Last sale price $237,500 $141 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,847/month

166 Days on Market

Highlights

  • 2 Car Detached Garage
  • Level Entry For Accessibility
  • Forced Air Heating System

About This Home

As of February 2024

Back on the Market! - Great opportunity to become an investor of this multi-family home, located on a commercial street.
This home offers: First Floor Unit #1, one bedroom, full bath, living room, kitchen, and finished basement.
Unit #2, Second and Third Floors, offers living room, kitchen, two bedrooms, and full bath.
This home has separate utilities and also offers a two car detached garage. Within walking distance to restaurants and stores. Long time tenants - have occupied the property for 20 + years.

Last Agent to Sell the Property

Marlene Flesch

Smires & Associates License #2183212 Listed on: 08/03/2023

Smires & Associates

Last Buyer's Agent

Nicolas DiMeglio

BHHS Fox & Roach - Princeton

BHHS Fox & Roach - Princeton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,071

Year Built

  • Built in 1930

Lot Details

  • 1,895 Sq Ft Lot
  • Lot Dimensions are 18.95 x 100.00

Parking

  • 2 Car Detached Garage
  • Alley Access
  • Rear-Facing Garage

Home Design

  • 1,680 Sq Ft Home
  • Duplex
  • Side-by-Side
  • Brick Exterior Construction
  • Brick Foundation

Accessible Home Design

  • Level Entry For Accessibility

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 00006
  • Assessor Parcel Number 11-16307-00006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,071

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Side-By-Side
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Exclusions: Tennant Personal Property
  • New Construction: No
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Foundation Details: Brick/Mortar
  • Total Sq Ft: 1680
  • Living Area Sq Ft: 1680
  • Price Per Sq Ft: 130.65
  • Above Grade Finished Sq Ft: 1680
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 864

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 Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Alley

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • 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: TRENTON PUBLIC SCHOOLS
  • School District Key: 300200396606
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 18.95 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1895.00
  • Year Assessed: 2022
  • Zoning: RECIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4071.00
  • Assessor Parcel Number: 11-16307-00006
  • Tax Lot: 00006
  • Tax Total Finished Sq Ft: 1680
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 02/20/2024

MLS Schools

  • School District Name: TRENTON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2023
Closed on
Feb 20, 2024
Sold by
J Marshall Investments Llc
Bought by
864 South Broad St Llc
Seller's Agent
Marlene Flesch
Smires & Associates
Buyer's Agent
Nicolas DiMeglio
BHHS Fox & Roach - Princeton
List Price
$219,500
Sold Price
$237,500
Premium/Discount to List
$18,000
8.2%
Views
90
Current Estimated Value
$271,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,270
Avg. Annual Appreciation
9.48%

Purchase Details

Closed on
Aug 18, 2017
Sold by
J Marshall Holdings Limited Liability Co
Bought by
J Marshall Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 29, 2005

Purchase Details

Closed on
Aug 30, 2002
Sold by
Parker Michael
Bought by
Reed Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.48%

Purchase Details

Closed on
Jul 16, 1997
Sold by
Parker Michael
Bought by
Parker Michael

Purchase Details

Closed on
Feb 12, 1997
Sold by
Ocwen Federal Bk
Bought by
Parker Michael
Source: Public Records

Range of Values:

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Average Value
Not Available
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
864 South Broad St Llc $237,500 Enterprise Title
J Marshall Investments Llc -- Foundation Title Llc
-- -- --
Reed Justin $65,000 --
Parker Michael $10,000 --
Parker Michael $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 864 South Broad St Llc $192,500
Previous Owner J Marshall Investments Llc $138,000
Previous Owner J Marshall Investments Llc $200,000
Previous Owner Reed Justin $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2024 02/20/24 Sold $237,500 +8.2% $141 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
01/09/2024 01/09/24 For Sale $219,500 0.0% $131 / Sq Ft
11/09/2023 11/09/23 Pending -- -- --
11/06/2023 11/06/23 Price Changed $219,500 -4.4% $131 / Sq Ft
10/19/2023 10/19/23 Price Changed $229,500 0.0% $137 / Sq Ft
10/19/2023 10/19/23 For Sale $229,500 -4.2% $137 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
08/14/2023 08/14/23 Price Changed $239,500 -4.2% $143 / Sq Ft
08/03/2023 08/03/23 For Sale $250,000 -- $149 / 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 $4,153 $74,600 $6,800 $67,800
2023 $4,153 $74,600 $6,800 $67,800
2022 $4,072 $74,600 $6,800 $67,800
2021 $4,143 $74,600 $6,800 $67,800
2020 $4,129 $74,600 $6,800 $67,800
2019 $4,063 $74,600 $6,800 $67,800
2018 $3,889 $74,600 $6,800 $67,800
2017 $3,696 $74,600 $6,800 $67,800
2016 $3,826 $66,500 $16,900 $49,600
2015 $3,812 $66,500 $16,900 $49,600
2014 $3,794 $66,500 $16,900 $49,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2033324

Bright MLS

APN: 11-16307-0000-00006