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50 Reed Avenue

50 Reed Avenue, Trenton, NJ 08610
Property in Mercer
Sold Sep 06, 2006
$235,000
$190,400 by Wmc Mtg
Mortgage
Sold Aug 25, 2006
$238,000
50 Reed Avenue 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 1956 and is 68 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 50 Reed Avenue has 1,512 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 400 ft. The area measurement of the land has been determined as 4,000 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 other control joints. The exterior walls of the building are made of stucco. 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, 50 Reed Avenue sold most recently in Aug 25, 2006 for a total of $235,000. If you work out the math, that's approximately a cost of $155.42 per sqft. Before that, the property was also sold for $238,000 in Aug 25, 2006. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $5,289 in taxes each year. 50 Reed Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $162,700. If we break it down further, the land itself was valued at $28,000. Improvements to the property, however, were assessed at a total of $134,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1956
  • Effective Year Built: 1956
  • Bedroom Count: 0
  • Construction Type: Other
  • Exterior Walls Type: Stucco
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,512
  • Building Area: 1,512
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,512
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: 04130-/FACILITY NAME: DEED# 155545

Ownership

  • Current Owner : ESTEVEZ LUCILA
  • Previous Owner : SUAREZ MARIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hamilton Township School District
  • Census Tract: 002500

Zoning

  • Zoning: R5

Geography

  • Assessors Map Reference: TAX MAP 220
  • District: 03
  • Parcel: 03 02196-0000-00047
  • Block: 2196
  • Lot: 47
  • Municipality: HAMILTON TWP
  • Latitude: 40.1994
  • Longitude: -74.7379

    Address

  • Full Address: 50 Reed Ave
  • Address - House Number: 50
  • Address - Street Name: Reed
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Trenton
  • Carrier Code: C064
  • 4-Digit Zip Code: 6306
  • Zip Code: 08610

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,289

    Appraisal Valuation

  • Standard Deviation: 0.2226
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 69
  • Final Value: 263,258
  • High Value: 321,878
  • Low Value: 204,637

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $190,400
  • First Open Lien Mortgage Lender: WMC MTG
  • First Open Lien Mortgage Recording Date: Sep 06, 2006
  • First Open Lien Mortgage Loan Amount: $190,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $162,700
  • Market Land Value: $28,000
  • Market Improvement Value: $134,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $162,700
  • Assessed Land Value: $28,000
  • Assessed Improvements Value: $134,700

    Sales

  • Current Sale Contract Date: Aug 25, 2006
  • Current Sale Recording Date: Sep 06, 2006
  • Current Sale Transaction ID: 1192139469
  • Current Sale Price: $235,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Aug 25, 2006
  • Previous Sale Contract Date: Aug 25, 2006
  • Previous Sale Amount: $238,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WMC MTG
  • First Mortgage Transaction Date: Sep 06, 2006
  • First Mortgage Loan Amount: $190,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Mercer



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Frequently Asked Questions

What neighborhood is 50 Reed Avenue located in?
The 50 Reed Avenue is a located in the neighborhood of Mercer in Mercer, Trenton.
What is the average sales price for listings in 50 Reed Avenue?
The average sales price for units in 50 Reed Avenue is $0 currently.

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