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1515 Parkway Avenue

1515 Parkway Avenue, Trenton, NJ 08628
Commercial in Mercer
1515 Parkway Avenue in Trenton, NJ was first built in 1953 and is 71 years old. This has been categorized as a commercial property type. It is a single story home. In total, the area measurement of the land is 12,488 square feet.

Learn more about the property and building on this page. 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 block. 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, 1515 Parkway Avenue sold most recently in Jul 25, 2017 for a total of $1,025,000. If you work out the math, that's approximately a cost of $31.34 per sqft. Before that, the property was also sold for $535,000 in Nov 22, 1993. 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 $28,657 in taxes each year. 1515 Parkway Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $796,700. If we break it down further, the land itself was valued at $429,000. Improvements to the property, however, were assessed at a total of $367,700. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Bedroom Count: 0
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,488
  • Lot Size Frontage Feet: 2,500
  • Total Building Area: 32,702
  • Gross Building Area: 32,702
  • Building Area: 32,702
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 0.286
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: ADDITIONAL LOTS: 7,8,9,10,11,24

Ownership

  • Current Owner : 5C INDUSTRIES LLC
  • Previous Owner : ODONNELL JOSEPH E
  • Previous Owner 2: COHEN JEFFRY
  • Owner Before Previous Owner: POINTE ASSO
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: BH

Geography

  • Assessors Map Reference: TAX MAP 73
  • Account Number: 05532579
  • District: 02
  • Parcel: 02 00375-0000-00009
  • Block: 375
  • Lot: 9
  • Municipality: EWING TWP
  • Latitude: 40.2671
  • Longitude: -74.8121

    Address

  • Full Address: 1515 Parkway Ave
  • Address - House Number: 1515
  • Address - Street Name: Parkway
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Ewing
  • Carrier Code: C028
  • 4-Digit Zip Code: 2730
  • Zip Code: 08628

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $28,657

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $717,000
  • First Open Lien Mortgage Lender: GRAND BANK NA
  • First Open Lien Mortgage Recording Date: Jul 31, 2017
  • First Open Lien Mortgage Loan Amount: $717,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jul 31, 2047

    Market Valuation

  • Market Total Value: $796,700
  • Market Land Value: $429,000
  • Market Improvement Value: $367,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $796,700
  • Assessed Land Value: $429,000
  • Assessed Improvements Value: $367,700

    Sales

  • Current Sale Contract Date: Jul 25, 2017
  • Current Sale Recording Date: Jul 31, 2017
  • Current Sale Transaction ID: 1731839957
  • Current Sale Price: $1,025,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017034930
  • Previous Sale Recording Date: Dec 01, 1993
  • Previous Sale Contract Date: Nov 22, 1993
  • Previous Sale Amount: $535,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GRAND BANK NA
  • First Mortgage Transaction Date: Jul 31, 2017
  • First Mortgage Loan Amount: $717,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: CARNEGIE BK
  • Previous Mortgage Transaction Date: Dec 01, 1993
  • Previous Mortgage Loan Amount: $425,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Mercer



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Frequently Asked Questions

What neighborhood is 1515 Parkway Avenue located in?
The 1515 Parkway Avenue is a commercial located in the neighborhood of Mercer in Mercer, Trenton.
What is the average sales price for listings in 1515 Parkway Avenue?
The average sales price for units in 1515 Parkway Avenue is $0 currently.

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