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119 Palmer Lane

119 Palmer Lane, Trenton, NJ 08618
Property in Mercer
Sold Aug 08, 2023
$250,000
$1,995,000 by Rflf 7 Llc
Mortgage Due Jan 01, 2054
Sold Nov 10, 2011
$190,500
$151,400 by Abco Public Employees Cu
Mortgage Due Sep 01, 2041
119 Palmer Lane in Trenton, NJ was first built in 1952 and is 72 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. 119 Palmer Lane has 1,752 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 477 ft and the linear feet between the front and back of the lot is 1,100. In total, the area measurement of the land is 5,250 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with concrete block control joints. The exterior walls of the home are made of concrete. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 119 Palmer Lane sold most recently in Jun 20, 2023 for a total of $250,000. If you work out the math, that's approximately a cost of $142.69 per sqft. Before that, the property was also sold for $190,500 in Aug 19, 2011. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,647 in taxes each year. 119 Palmer Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $212,600. If we break it down further, the land itself was valued at $39,900. Improvements to the property, however, were assessed at a total of $172,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Bedroom Count: 0
  • Construction Type: Concrete block
  • Building Style: Colonial
  • Exterior Walls Type: Concrete
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,250
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 477
  • Total Building Area: 1,752
  • Building Area: 1,752
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,752
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.121
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CHATEAU APARTMENTS LLC
  • Previous Owner : KEMLER JOHN A
  • Owner Before Previous Owner: LEVIN ANNE NESSA
  • Owner Before Previous Owner 2: BENEDICT GORDON
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Ewing Township School District
  • Census Tract: 003708

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: TAX MAP 79
  • Account Number: 02230770
  • District: 02
  • Parcel: 02 00414-0000-00055
  • Block: 414
  • Lot: 55
  • Municipality: EWING TWP
  • Latitude: 40.2491
  • Longitude: -74.8093

    Address

  • Full Address: 119 Palmer Ln
  • Address - House Number: 119
  • Address - Street Name: Palmer
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Ewing
  • Carrier Code: C055
  • 4-Digit Zip Code: 3207
  • Zip Code: 08618

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,647

    Appraisal Valuation

  • Standard Deviation: 0.2441
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 65
  • Final Value: 385,211
  • High Value: 479,261
  • Low Value: 291,161

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,995,000
  • First Open Lien Mortgage Lender: RFLF 7 LLC
  • First Open Lien Mortgage Recording Date: Dec 29, 2023
  • First Open Lien Mortgage Loan Amount: $1,995,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2054

    Market Valuation

  • Market Total Value: $212,600
  • Market Land Value: $39,900
  • Market Improvement Value: $172,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $212,600
  • Assessed Land Value: $39,900
  • Assessed Improvements Value: $172,700

    Sales

  • Current Sale Contract Date: Jun 20, 2023
  • Current Sale Recording Date: Aug 08, 2023
  • Current Sale Transaction ID: 11910890435
  • Current Sale Price: $250,000
  • Current Sale Document Type: Sheriff's Deed
  • Current Sale Input Document Number: 27283
  • Previous Sale Recording Date: Nov 10, 2011
  • Previous Sale Contract Date: Aug 19, 2011
  • Previous Sale Amount: $190,500
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: ABCO PUBLIC EMPLOYEES CU
  • Previous Mortgage Transaction Date: Nov 10, 2011
  • Previous Mortgage Loan Amount: $151,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2041

About Mercer



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Frequently Asked Questions

What neighborhood is 119 Palmer Lane located in?
The 119 Palmer Lane is a located in the neighborhood of Mercer in Mercer, Trenton.
What is the average sales price for listings in 119 Palmer Lane?
The average sales price for units in 119 Palmer Lane is $0 currently.

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