Sold for $305,000

Street View

$305,000

865 Melrose Ave, Trenton, NJ 08629

3beds

2baths

1,921sqft

Multi Family

Built in 1907

-- sqft lot

$370,700 Zestimate^®

$159/sqft

$2,026 Estimated rent

Home value

$370,700

$345,000 - $397,000

$2,026/mo

Zestimate^® history

Owner options

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$2,026/mo

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$2,026/mo

Rent Zestimate^®

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$2,197/mo

Est. payment

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$2,197/mo

Est. payment

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What's special

Separate entrancesIndividual gasElectric metersSeparate utilitiesCorner lot

This well-maintained multifamily duplex is situated in the heart of Trenton on a corner lot, featuring a detached two-door garage. The property comprises two operational units with separate utilities. The units boast separate entrances, individual gas and electric meters. The property is impeccably presented and ready for immediate acquisition. Don't miss out on this compelling investment prospect.Don't just witness this golden opportunityseize it! Act swiftly and embrace a compelling investment journey that promises not just stability, but the thrill of remarkable returns. Your future portfolio is calling - answer it in style!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2

Heating

Baseboard

Cooling

A/C Window Unit(s)

Appliances

Included: Water Heater(Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator)

Features

Unit 1(1 Bedroom, Dining Room, Kitchen, 1 Bath, Living Room, Den/Family Room), Unit 2(Dining Room, 2 Bedrooms, Kitchen, 1 Bath, Den/Family Room)
Flooring: Unit 1 Carpet, Unit 2 Carpet
Basement: Full, Storage Space, Utility Room, Laundry Facilities

Interior area

Total structure area: 1,921
Total interior livable area: 1,921 sqft

Property

Parking

Total spaces: 2
Parking features: Garage, Detached
Garage spaces: 2

Features

Stories: 2
Patio & porch: Patio
Exterior features: Patio

Lot

Size: 3,798 Square Feet
Dimensions: 1000.00 x 0.00
Features: Corner Lot

Details

Parcel number: 1129903000000002

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Roof: Asphalt, Flat

Condition

Year built: 1907

Utilities & green energy

Gas: Natural Gas
Sewer: Public Sewer
Water: Public
Utilities for property: Underground Utilities, Electricity Connected, Natural Gas Connected

Community & HOA

Location

Region: Trenton

Financial & listing details

Price per square foot: $159/sqft
Tax assessed value: $130,300
Annual tax amount: $5,286
Date on market: 1/31/2024
Ownership: Fee Simple
Lease term: Unit 1(Month-Month,No Lease),Unit 2(Month-Month,No Lease)
Electric utility on property: Yes

Price history

Date	Event	Price
3/29/2024	Sold	$305,000+1.7%$159/sqft
Source: All Jersey MLS #2407718R Report a problem
3/3/2024	Pending sale	$299,900$156/sqft
Source: Bright MLS #NJME2039202 Report a problem
2/12/2024	Contingent	$299,900$156/sqft
Source: Bright MLS #NJME2039202 Report a problem
1/31/2024	Listed for sale	$299,900+3.8%$156/sqft
Source: All Jersey MLS #2407718R Report a problem
7/13/2022	Sold	$289,000+44.6%$150/sqft
Source: Agent Provided Report a problem
7/19/2021	Pending sale	$199,900$104/sqft
Source: Bright MLS #NJME2001188 Report a problem
7/19/2021	Contingent	$199,900$104/sqft
Source: Bright MLS #NJME2001188 Report a problem
7/2/2021	Listed for sale	$199,900+42.8%$104/sqft
Source: Bright MLS #NJME2001188 Report a problem
4/27/2005	Sold	$140,000$73/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,559	$130,300
2024	$7,559 +6.3%	$130,300
2023	$7,112 +34.5%	$130,300
2022	$5,286 +0.3%	$130,300 +36.9%
2021	$5,269 +1.6%	$95,200
2020	$5,185 +4.5%	$95,200
2019	$4,963 +5.2%	$95,200
2018	$4,717 +2%	$95,200
2017	$4,625 +0.3%	$95,200 +18.4%
2016	$4,609 +0.5%	$80,400
2015	$4,588 +0.6%	$80,400
2014	$4,559 +2.5%	$80,400
2013	$4,449 -1.8%	$80,400
2012	$4,531 +2.9%	$80,400
2011	$4,404 +16.8%	$80,400
2010	$3,771 +7%	$80,400
2009	$3,524 +4.6%	$80,400
2008	$3,369 +2.2%	$80,400
2007	$3,296	$80,400
2006	--	$80,400
2005	--	$80,400