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1575 Prospect Street

1575 Prospect Street, Trenton, NJ 08638
Property in Mercer
Sold Aug 10, 1998
$52,500
$40,000 by Sovereign Bank
Mortgage
1575 Prospect Street in Trenton, NJ was first built in 1920 and is 104 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. 1575 Prospect Street has 1,157 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 400 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 5,000 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1575 Prospect Street was last sold in Aug 7, 1998 for $52,500. According to our calculations, that's $45.38 per sqft. Current property owners are expected to pay $4,579 in taxes per year. The property on 1575 Prospect Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $127,300. To break that down further, the land itself was valued at $39,600. While improvements to the property were assessed at a total of $87,700. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Bedroom Count: 0
  • Construction Type: Concrete block
  • Building Style: Colonial
  • Exterior Walls Type: Concrete
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,157
  • Building Area: 1,157
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,157
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MODI VIDAY
  • Current Owner 2: MODI ILLA
  • Previous Owner : SHAH SATISH

Neighborhood

  • School District Name: Ewing Township School District
  • Census Tract: 003500

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: TAX MAP 8
  • Account Number: 03530799
  • District: 02
  • Parcel: 02 00090-0000-00410
  • Block: 90
  • Lot: 410
  • Municipality: EWING TWP
  • Latitude: 40.2486
  • Longitude: -74.7649

    Address

  • Full Address: 1575 Prospect St
  • Address - House Number: 1575
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Ewing
  • Carrier Code: C008
  • 4-Digit Zip Code: 3028
  • Zip Code: 08638

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,579

    Appraisal Valuation

  • Standard Deviation: 0.1984
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 73
  • Final Value: 235,655
  • High Value: 282,411
  • Low Value: 188,899

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $40,000
  • First Open Lien Mortgage Lender: SOVEREIGN BANK
  • First Open Lien Mortgage Recording Date: Aug 10, 1998
  • First Open Lien Mortgage Loan Amount: $40,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1

    Market Valuation

  • Market Total Value: $127,300
  • Market Land Value: $39,600
  • Market Improvement Value: $87,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $127,300
  • Assessed Land Value: $39,600
  • Assessed Improvements Value: $87,700

    Sales

  • Current Sale Contract Date: Aug 07, 1998
  • Current Sale Recording Date: Aug 10, 1998
  • Current Sale Transaction ID: 1121828476
  • Current Sale Price: $52,500
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOVEREIGN BANK
  • First Mortgage Transaction Date: Aug 10, 1998
  • First Mortgage Loan Amount: $40,000
  • First Mortgage Terms: 360

About Mercer



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Frequently Asked Questions

What neighborhood is 1575 Prospect Street located in?
The 1575 Prospect Street is a located in the neighborhood of Mercer in Mercer, Trenton.
What is the average sales price for listings in 1575 Prospect Street?
The average sales price for units in 1575 Prospect Street is $0 currently.

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