20 Commerce St, Trenton, NJ 08618

2 beds, 1 bath, 1,250 sqft
Sold: $26,000
Sold on 06/05/13
Zestimate®: $76,799
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DUPLEX 1 BR / 1 BA each unit. This one has SPLIT HEAT: 2 Gas water circulated furnaces: 1 is less than 2 years old the other around 10 years old. 2 Gas Hot water Tanks and electric is divided. First Floor unit is vacant. 2nd Floor Unit is rented at $500 per month. Average Rents for 1 BR/s in area $625 to $750 a month (craigslist) If rented at $675 per month yearly income would be: $16200.
Taxes: $1980. Water/Sewer $600, Insurance: $600, Licensing $250 : Total: $3430 (these are estimated except for taxes) this gives you a Net income of $12770 which is a CAP of 33%.
Seller looking for CASH buyer who is ready to close quickly. Title work complete.
Each unit has Livingroom/ Bedroom/ Kitchen and bathroom, 2 Blocks away from Trenton City Hall
Great starter unit or addition to your property portfolio.
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Facts
  • Lot: 1,062 sqft
  • Multi Family
  • Built in 1920
  • Cooling: Wall
  • Heating: Baseboard
  • Last sold: Jun 2013 for $26,000
  • Price/sqft: $21
Features
  • Parking: On street
    Appliances Included
    • Range / Oven
    Construction
    • Exterior material: Brick
    • Roof type: Other
    • # Stories: 2.0
    • Unit count: 1
    Other
    • Floor size: 1,250 sqft
    • Lot depth: 77
    • Lot width: 13
    • Parcel #: 1100603000000012
    • Zillow Home ID: 39013900
    Home Values
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    $76,799
    -$3,138 Last 30 daysd
    $67K
    $90K
    Zestimate range
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    $972/mo
    +$3 Last 30 daysd
    $826
    $1.1K
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    Neighborhood for 20 Commerce Street

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    Zillow predicts 08618 home values will increase 0.5% next year, compared to a 1.8% rise for Trenton as a whole. Among 08618 homes, this home is valued 37.9% less than the midpoint (median) home, and is valued 75% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In 08618, the number of foreclosures waiting to be sold is 30.9% lower than in Trenton, and 50.6% lower than the national average. This lower local number could help 08618 home values rise more quickly than other regions in Trenton.

    Learn more about forecast calculations or 08618 home values.
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      Nearby Schools in Trenton

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      Contact a local agent

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      These listing agents specialize in this area and can get you a market value for this home and answer your questions.

      Are you an agent looking for more exposure for yourself or your listings? Call Zillow at (855) 840-3292
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      Premier Agents specialize in this area and can assist you in seeing a home or answer your questions.

      Are you an agent looking for more exposure for yourself or your listings? Call Zillow at 866-324-4005

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