492 West State Street

Trenton, NJ 08618

$370,000
Last Sold Price
Beds
2,505 Sq. Ft.
$148 / Sq. Ft.
2,505
Sq. Ft.
$148
per Sq. Ft.

Description

1 efficiency, 1 bedroom and 2, 2 bedroom units. 4 Units in all. Fully occupied. In wonderful condition and well managed by experienced owners who are retiring. Our client's portfolio also includes 494 W State St which is a separate 4-unit building that is presently vacant and in need of total rehab. Also available are 496 W State, 713 W State St, and 63 General Greene Ave. All are multi-unit properties and may be bundled or purchased separately. Please see each separate listing for individual property...1 efficiency, 1 bedroom and 2, 2 bedroom units. 4 Units in all. Fully occupied. In wonderful condition and well managed by experienced owners who are retiring. Our client's portfolio also includes 494 W State St which is a separate 4-unit building that is presently vacant and in need of total rehab. Also available are 496 W State, 713 W State St, and 63 General Greene Ave. All are multi-unit properties and may be bundled or purchased separately. Please see each separate listing for individual property details. Property tours permitted only after the acceptance of a bonified offer to purchase. This building includes a detached garage in the rear that is currently being utilized by the seller.
  1. Listed by Lisa Jordan • David DePaola and Company Real Estate
    P: 6096586754 lisajordan@depaola.com
  2. Listed by Nicholas Lamson • David DePaola and Company Real Estate
    P: 6092098426 nicklamson@depaola.com

Property Details for 492 West State Street

Tax ID Number
11-02206-00008
Ownership
Fee Simple
Structure Type
Twin/Semi-Detached
Style
Federal
Waterfront
No
Garage
Yes
Cross Street
RICHEY
Municipality
TRENTON CITY

Location

Listing Courtesy of David DePaola and Company Real Estate

Sold By Keller Williams Premier

Add your commute
LISTING UPDATED: 10/05/2023 07:25 AM

Property Details for 492 West State Street

StatusClosed
MLS #NJME2027368
Days on Market175
Taxes$5,943 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1900
Lot Size0.07 AC / 3,250 SF
CountyMercer County

Location

Listing Courtesy of David DePaola and Company Real Estate

Sold By Keller Williams Premier

Add your commute

Building Information for 492 West State Street

Stories-Residences1Year Built1900Building Size-Lot Size0.07 AC / 3,250 SF

Payment Calculator

$2,514 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,019

Property Taxes

$495

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 492 West State Street

Location
Location
  • School District Name: TRENTON PUBLIC SCHOOLS
  • School District County ID: 300200396606
  • SchoolDistrictSource: Listing Agent
  • County: MERCER
  • MLS Area: Trenton City (21111)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $108,900
  • Year Assessed: 2022
  • County Tax: $0
  • Improvement Assessed Value: $101,700
  • City Town Tax: $0
  • Land Assessed Value: $7,200
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: 0
  • Zoning: 0000
  • Tax Lot: 00008
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Taxes - Real Estate, Water, Supplies, Snow Removal, Sewer, Repairs, Pest Control, Miscellaneous, Management, Insurance, Lawn/Shrub Care, Heat, Accounting/Legal, Advertising/Licenses and Permits, Common Area Maintenance, Gas
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 1
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Units Leased Count: 4
  • Number Of Units Vacant: 0
  • Vacancy Allowance Rate: 5.00%
  • Number Of Units Month To Month: 4
  • Rent Control: Yes
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: No
  • Beds Total: 0
  • Half Baths Count: 0
  • Full Baths Count: 0
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: No
  • Beds Total: 0
  • Half Baths Count: 0
  • Full Baths Count: 0
Unit 3
  • Type: Unit 4
  • Unit Type Occupied YN: No
  • Beds Total: 0
  • Half Baths Count: 0
  • Full Baths Count: 0
Unit 4
  • Type: Unit 3
  • Unit Type Occupied YN: No
  • Beds Total: 0
  • Half Baths Count: 0
  • Full Baths Count: 0
Financial Information
Expenses
  • Operating Expense: $17,108
Financial Information
  • Net Operating Income: $25,048
  • Annual Rental Income: $42,156
  • Income Includes: Apartment Rentals
  • Existing Lease Type: Month to Month
Building Info
Building Info
  • Year Major Reno Remodel: 2007
  • Building Units Total: 1
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 25.00 x 130.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 2147985
Parking
Parking
  • Type Of Parking: On Street, Parking Garage
  • Parking Garage - # of Spaces: 2
  • Total Garage Spaces: 2
  • Garage Features: Garage - Rear Entry
Interior Features
Interior Features
  • Fireplace: No
  • Appliances: Refrigerator, Oven/Range - Gas
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: Other
  • Heating Type: Radiator
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: CORE Association of REALTORS
  • List Agent URL: depaola.com

Property History for 492 West State Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 492 West State Street

Taxable ValueLand$7,200Additions$101,700Total$108,900
Tax Record2022$5,944 ($495 / month)
Home Facts
Beds0Total Finished SqFt2,505 SqFtAbove Grade Finished SqFt2,505 SqFtStories3Lot Size3,250 SqFtStyleSingle Family ResidenceYear Built1900Zoning0000CountyMERCERAPN11 02206-0000-00008

Schools near 492 West State Street

This home is within Trenton Public School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 10 to 12
Rating
School
Distance
Gregory Elementary School
PublicK to 5

Luis Munoz Rivera Elementary School
Public6 to 8

Trenton Central High School West
Public9 to 12

Trenton Central High School
Public10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Listing Courtesy of David DePaola and Company Real Estate

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.