Sold for $225,000

$225,000

1040 Melrose Ave, Trenton, NJ 08629

3beds

1,344sqft

Single Family Residence

Built in 1920

3,999 Square Feet Lot

$225,300 Zestimate^®

$167/sqft

$2,579 Estimated rent

Home value

$225,300

$201,000 - $252,000

$2,579/mo

Zestimate^® history

Owner options

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$2,579/mo

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$2,579/mo

Rent Zestimate^®

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$1,334/mo

Est. payment

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$1,334/mo

Est. payment

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What's special

Unfinished basementCreate your own drivewayLaundry roomFlexible living optionsSpacious backyard

1040 Melrose Avenue, Trenton – Investor’s Special! Calling all investors and handy homeowners, this 3-bedroom, 1-bath home with a finished attic offers endless potential! The attic can easily serve as a 4th bedroom, office, or bonus space, giving you flexible living options. The main level features a laundry room conveniently located off the kitchen, an unfinished basement ready for customization, and a spacious backyard perfect for outdoor gatherings. There’s also space to create your own driveway for added convenience. This property is being sold AS-IS, with the buyer responsible for the Certificate of Occupancy. All permits are closed, and the motivated seller is ready to make a deal. Bring your vision and make an offer today! Don’t miss this great opportunity to invest or create your dream home in a convenient Trenton location near schools, shopping, and major roadways.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 3

Basement

Area: 0

Heating

Forced Air, Natural Gas

Cooling

Window Unit(s), Natural Gas

Appliances

Included: Gas Water Heater

Features

Basement: Unfinished
Has fireplace: No

Interior area

Total structure area: 1,344
Total interior livable area: 1,344 sqft
Finished area above ground: 1,344
Finished area below ground: 0

Property

Parking

Parking features: Driveway, Off Street
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Levels: Two
Stories: 2
Pool features: None

Lot

Size: 3,999 Square Feet
Dimensions: 40.00 x 100.00

Details

Additional structures: Above Grade, Below Grade
Parcel number: 113110200012
Zoning: R
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Colonial
Property subtype: Single Family Residence

Materials

Frame
Foundation: Concrete Perimeter

Condition

Average
New construction: No
Year built: 1920

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: None Available

HOA

Has HOA: No

Location

Region: Trenton
Municipality: TRENTON CITY

Financial & listing details

Price per square foot: $167/sqft
Tax assessed value: $101,300
Annual tax amount: $5,966
Date on market: 10/30/2025
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,FHA,FHA 203(k)
Ownership: Fee Simple

Price history

Date	Event	Price
12/4/2025	Sold	$225,000$167/sqft
Source: Bright MLS #NJME2069132 Report a problem
11/7/2025	Contingent	$225,000$167/sqft
Source: Bright MLS #NJME2069132 Report a problem
10/30/2025	Listed for sale	$225,000-11.8%$167/sqft
Source: Bright MLS #NJME2069132 Report a problem
10/29/2025	Listing removed	$255,000$190/sqft
Source: Bright MLS #NJME2065626 Report a problem
10/24/2025	Listed for sale	$255,000$190/sqft
Source: Bright MLS #NJME2065626 Report a problem
10/13/2025	Pending sale	$255,000$190/sqft
Source: Bright MLS #NJME2065626 Report a problem
10/6/2025	Contingent	$255,000$190/sqft
Source: Bright MLS #NJME2065626 Report a problem
9/18/2025	Listed for sale	$255,000+41.7%$190/sqft
Source: Bright MLS #NJME2065626 Report a problem
8/11/2005	Sold	$180,000+127.8%$134/sqft
Source: Public Record Report a problem
6/4/1999	Sold	$79,000$59/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,876	$101,300
2024	$5,876 +4.5%	$101,300
2023	$5,625	$101,300
2022	$5,625 +0.3%	$101,300
2021	$5,607 +1.6%	$101,300
2020	$5,517 +4.5%	$101,300
2019	$5,281 +5.2%	$101,300
2018	$5,019 +6.1%	$101,300
2017	$4,729 +0.3%	$101,300 +23.2%
2016	$4,713 +0.5%	$82,200
2015	$4,690 +0.6%	$82,200
2014	$4,662 +2.5%	$82,200
2013	$4,549 -1.8%	$82,200
2012	$4,633 +2.9%	$82,200
2011	$4,503 +16.8%	$82,200
2010	$3,855 +7%	$82,200
2009	$3,603 +4.6%	$82,200
2008	$3,444 +2.2%	$82,200
2007	$3,370	$82,200
2006	--	$82,200
2005	--	$82,200
2004	--	$82,200
2003	--	$82,200
2002	--	$82,200
2001	--	$82,200