$149,500 Price Analysis    ♡   Trenton, NJ 08609 8 bed 6 bath 1,596 SqFt ($93/SqFt) 4,800SqFt lot. Built 1950 Listed 2024-02-08, Taxes $3,820 | ✓ USDA Eligible near Trenton, NJ |
Multi-Unit
* Sale Pending *Multi-Use Opportunity. 801 and 803 E State St are a bundled sale, $299, 000. 4839 total above ground SQFT. The properties are in the new LDO (Land Development Area ) and located in the RH-1 Zone which allows the use of Multiple dwelling units. A full mix of dwelling types from single-family to multi-family, with RH-1 allowing structures up to 40 districts also allow for limited commercial uses to create a mixed-use environment. The two buildings previously were used as a store front, restaurant/club and residence. There is an income producing bill board on the east side of the building that is included in the purchase.
The properties may be converted to a multi-unit dwelling as per the City guidelines for the RH-1 zone after approval. This is a strong opportunity for a developer, builder, investor, investor group, individual and organization looking to provide new housing units after a complete renovation. 801-803 E State St are sold together and may not be separated. Buyers are encouraged to complete their own due diligence concerning all aspects of the purchase and process. Proof of funds or pre approval re quired for showings. The surrounding area is being developed and renovated, the Cty is committed to supporting the area. 801-803 E State street is an excellent value and rare opportunity.
Presented by Anthony McAnany at
BHHS Fox & Roach Princeton Junction.
Property MLS #NJME2039446 from BrightMLS
Full Bathrooms: 6
Heating: Yes
Lot Size Square Feet: 4799
Calculated Total Monthly Association Fees: 0
Map directions Map directions Map directions Map directionsAnnual Tax Amount: 3896.0
Source Listing Status: Pending
County: MERCER
Disclaimer: Standard
Ownership: Fee Simple
Source Property Type: Residential
Area: MERCER
Property Subtype: townhouse
Postal Code Plus 4: 1411
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $14,400 + $55,600 $70,000 | $3,820 |
| 2021 | $34,200 + $55,600 $89,800 | $4,986 |
| 2020 | $34,200 + $55,600 $89,800 | $4,970 |
| 2019 | $34,200 + $55,600 $89,800 | $4,890 |
| 2018 | $34,200 + $55,600 $89,800 | $4,681 |
| 2017 | $34,200 + $55,600 $89,800 | $4,449 |
| 2016 | $31,800 + $20,400 $52,200 | $3,003 |
| 2015 | $31,800 + $20,400 $52,200 | $2,992 |
| 2014 | $31,800 + $20,400 $52,200 | $2,978 |
| 2013 | $31,800 + $20,400 $52,200 | $2,960 |
| 2012 | $31,800 + $20,400 $52,200 | $2,888 |
| 2011 | $31,800 + $20,400 $52,200 | $2,941 |
| 2010 | $31,800 + $20,400 $52,200 | $2,859 |
| 2009 | $31,800 + $20,400 $52,200 | $2,448 |
| 2008 | $31,800 + $20,400 $52,200 | $2,287 |
| 2007 | $31,800 + $20,400 $52,200 | $2,187 |
Year Built: 1950
Above Grade Finished Area: 1596
Construction Materials: Brick
Property Age: 74
Levels or Stories: 4
Structure Type: Twin/Semi-Detached
House Style: Traditional, Federal
Total Area Sqft: 1596
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.