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348 Reservoir Street

348 Reservoir Street, Trenton, NJ 08618
348 Reservoir Street has been categorized by the local assessors in Trenton, NJ as a residential type of property. The building on the property was first built in 1897 and is 127 years old. The building has a total of 2 stories. In addition, 348 Reservoir Street has 1,196 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 125 ft. The area measurement of the land has been determined as 1,250 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. The exterior walls of the building are made of brick. 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, 348 Reservoir Street was last sold in Apr 5, 2019 for $22,000. According to our calculations, that's $18.39 per sqft. Current property owners are expected to pay $2,325 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2018. The property on 348 Reservoir Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $42,600. To break that down further, the land itself was valued at $5,600. While improvements to the property were assessed at a total of $37,000. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1897
  • Effective Year Built: 1897
  • Bedroom Count: 0
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,250
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 125
  • Total Building Area: 1,196
  • Building Area: 1,196
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,196
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.029
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : K PROPERTY MANAGEMENT LLC
  • Previous Owner : SMITH MARCELLUS D
  • Previous Owner 2: ESTATE OF THELMA NAPOLEON SMIT
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Trenton City School District
  • Census Tract: 001401

Zoning

  • Zoning: IA

Geography

  • Account Number: 03292000
  • District: 11
  • Parcel: 11 04302-0000-00017
  • Block: 4302
  • Lot: 17
  • Municipality: TRENTON CITY
  • Latitude: 40.2301
  • Longitude: -74.7707

    Address

  • Full Address: 348 Reservoir St
  • Address - House Number: 348
  • Address - Street Name: Reservoir
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Trenton
  • Carrier Code: C087
  • 4-Digit Zip Code: 3623
  • Zip Code: 08618

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,325
  • Intital Tax Deliquent Year: 2018

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 69
  • Final Value: 56,288
  • High Value: 64,785
  • Low Value: 47,790

    Market Valuation

  • Market Total Value: $42,600
  • Market Land Value: $5,600
  • Market Improvement Value: $37,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $42,600
  • Assessed Land Value: $5,600
  • Assessed Improvements Value: $37,000

    Sales

  • Current Sale Contract Date: Apr 05, 2019
  • Current Sale Recording Date: Apr 10, 2019
  • Current Sale Transaction ID: 11597558603
  • Current Sale Price: $22,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2019014713

About Pennington - Prospect



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Frequently Asked Questions

What neighborhood is 348 Reservoir Street located in?
The 348 Reservoir Street is a townhouse located in the neighborhood of Pennington - Prospect in Pennington - Prospect, Trenton.
What is the average sales price for listings in 348 Reservoir Street?
The average sales price for units in 348 Reservoir Street is $0 currently.

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