$399,000

Estimated payment $2,832/month

Total Views 3,950
-- Bed
-- Bath
3,086 Sq Ft
$129 Price per Sq Ft

About This Home

This spacious brick building offers over 3,000 square feet of versatile space and excellent investment potential. Originally constructed in 1950, it was expanded with a substantial addition in 1970. The property also includes two off-street parking spaces for added convenience.
The main level features three offices, a reception area, and a half bath. It was previously occupied by a long-term tenant who recently moved out, and the space has an estimated rental value of $3,000 per month.
Upstairs, the apartment includes five bedrooms, two full bathrooms, an eat-in kitchen, and a living room. It is currently leased for $2,400 per month, providing immediate rental income.
The property is being sold As Is. The buyer will be responsible for obtaining the Certificate of Occupancy and any required township certifications.

Listing Agent

Joseph Baylis

Weichert Realtors-Princeton Junction License #NJ-8439869 Listed on: 06/21/2025

Weichert Realtors-Princeton Junction

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,541

Year Built

  • Built in 1950

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25.00 x 100.00

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,086 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 00006
  • Assessor Parcel Number 11-18903-00006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,541

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1950
  • Remarks Public: This spacious brick building offers over 3,000 square feet of versatile space and excellent investment potential. Originally constructed in 1950, it was expanded with a substantial addition in 1970. The property also includes two off-street parking spaces for added convenience. The main level features three offices, a reception area, and a half bath. It was previously occupied by a long-term tenant who recently moved out, and the space has an estimated rental value of $3,000 per month. Upstairs, the apartment includes five bedrooms, two full bathrooms, an eat-in kitchen, and a living room. It is currently leased for $2,400 per month, providing immediate rental income. The property is being sold As Is. The buyer will be responsible for obtaining the Certificate of Occupancy and any required township certifications.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 3086
  • Living Area Sq Ft: 3086
  • Price Per Sq Ft: 129.29
  • Above Grade Finished Sq Ft: 3086
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 984

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
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway
  • Number of Spaces in Driveway: 2

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

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 25.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2500.00
  • Year Assessed: 2024
  • Zoning: BB

Rental Info

  • Units Leased Count: 1
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 7541.00
  • Assessor Parcel Number: 11-18903-00006
  • Tax Lot: 00006
  • Tax Total Finished Sq Ft: 3086
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: TRENTON PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $7,237 $130,000 $42,800 $87,200
2023 $7,237 $130,000 $42,800 $87,200
2022 $7,095 $130,000 $42,800 $87,200
2021 $7,219 $130,000 $42,800 $87,200
2020 $7,196 $130,000 $42,800 $87,200
2019 $7,080 $130,000 $42,800 $87,200
2018 $6,777 $130,000 $42,800 $87,200
2017 $8,860 $178,800 $42,800 $136,000
2016 $6,950 $120,800 $30,000 $90,800
2015 $6,925 $120,800 $30,000 $90,800
2014 $6,893 $120,800 $30,000 $90,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 Price Changed $399,000 -5.0% $129 / Sq Ft
06/21/2025 06/21/25 For Sale $420,000 +42.4% $136 / Sq Ft
12/29/2023 12/29/23 Sold $295,000 -15.7% $105 / Sq Ft
12/18/2023 12/18/23 Pending -- -- --
11/08/2023 11/08/23 For Sale $350,000 +141.4% $125 / Sq Ft
10/24/2018 10/24/18 Sold $145,000 -2.7% $52 / Sq Ft
08/14/2018 08/14/18 Pending -- -- --
07/03/2018 07/03/18 For Sale $149,000 -- $53 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $295,000 River Edge Title
Deed $145,000 River Edge Title Agency
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $142,373 FHA
Previous Owner -- No Value Available
Source: Public Records

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Source: Bright MLS

MLS Number: NJME2061348

Bright MLS

APN: 11-18903-0000-00006