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Key Details
Sold Price $122,500
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,243 sqft
Price per Sqft $37
Subdivision None Available
MLS Listing ID NJME2039442
Sold Date 07/12/24
Style Traditional,Federal
Bedrooms 8
Full Baths 8
HOA Y/N N
Abv Grd Liv Area 3,243
Originating Board BRIGHT
Year Built 1950
Annual Tax Amount $4,910
Tax Year 2023
Lot Size 2,626 Sqft
Acres 0.06
Lot Dimensions 26.00 x 101.00
Property Description
Multi-Unit, Multi-Use Opportunity. 801 and 803 E State St are a bundled sale, $299,000. 4839 total above ground SQFT. The properties are in the new LDO (Land Development Area ) and located in the RH-1 Zone which allows the use of Multiple dwelling units. A full mix of dwelling types from single-family to multi-family, with RH-1 allowing structures up to 40’ districts also allow for limited commercial uses to create a mixed-use environment. The two buildings previously were used as a store front, restaurant/club, and residence. There is an income producing bill board on the east side of the building that is included in the purchase. The properties may be converted to a multi-unit dwelling as per the City guidelines for the RH-1 zone after approval. This is a strong opportunity for a developer, builder, investor, investor group, individual, and organization looking to provide new housing units after a full renovation. 801-803 E State St are sold together and may not be separated. Buyers are encouraged to complete their own due diligence concerning all aspects of the purchase and process. Proof of funds or pre approval required for showings. The surrounding area is being developed and renovated, the City is committed to supporting the area. 801-803 E State street is an excellent value and rare opportunity.
Location
State NJ
County Mercer
Area Trenton City (21111)
Zoning RH-1
Direction North
Rooms
Basement Partial, Unfinished, Other
Interior
Hot Water Natural Gas
Heating Forced Air, Other
Cooling Multi Units, Other
Fireplace N
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility Other
Parking Type Parking Lot
Garage N
Building
Story 4
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Traditional, Federal
Level or Stories 4
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Trenton Public Schools
Others
Senior Community No
Tax ID 11-26401-00011
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Private, Other
Listing Terms Cash, Private, Other
Financing Cash,Private,Other
Special Listing Condition Standard
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Bought with Gilbert L Cheeseman Jr. • BHHS Fox & Roach-Princeton Junction