703 Rutherford Avenue
Trenton, NJ 08618
- – beds
- – baths
- 2,630 sqft
- $133 per sqft
- 1921 build
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Welcome to 703 Rutherford Ave, Trenton, NJ – A Turn-Key Investment Opportunity! This charming multi-family residence is nestled in the heart of Trenton, offering a blend of modern amenities and classic comfort. The property features a 2-bedroom, 1-bath unit, currently rented for $1,400/month. A spacious 4-bedroom, 2-bath unit, generating $1,700/month in rental income. A recently confirmed legal third unit studio, adding to its versatility and potential. Each unit has been recently renovated, with separate meters for ease of management. The property is fully occupied with reliable, paying tenants, providing immediate cash flow. Sold in as-is condition, this investment is truly turn-key. With the Certificate of Occupancy (CO) secured and the property now confirmed as a legal 3-unit, this is an opportunity you don’t want to miss! We recommend using Premier Key Abstract for title services, as a comprehensive title commitment has already been completed with them.
Listing courtesy of BRIGHT / Coldwell Banker Residential Brokerage - Princeton
Last checked:
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Last updated Oct 17, 2024
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MLS# NJME2044144 —
The Building
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Year Built:1921
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Year Built Source:Estimated
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Year Major Reno/Remodel:2002
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Roof:Shingle
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New Construction:No
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Construction Materials:Frame
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Building Units Total:2
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Structure Type:Detached
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Architectural Style:Other
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Accessibility Features:None
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Foundation Details:Brick/Mortar, Other
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Basement:Yes
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Basement Type:Full
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:2630
Interior
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Flooring Type:Hardwood
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:2630
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Living Area SqFt:2,630 Sqft
Financial & Terms
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Sale Type:Standard
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Buyer Financing:Conventional
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Possession:Immediate, 0-30 Days CD, 31-60 Days CD, 61-90 Days CD, 120-180 Days, 90-120 Days CD
Location
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Directions:Elmhurst Ave
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Cross Street:ELMHURST
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Latitude:40.23411179
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Longitude:-74.78333282
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Location Type:Downtown
The Property
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Property Type:Multi-Family
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Property Subtype:Triplex
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Lot Size Units:Square Feet
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Lot Size Source:Estimated
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Lot Size Dimensions:38.00 x 0.00
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Lot Dimensions Source:Assessor
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Lot SqFt:0 Sqft
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Zoning:RES
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Other Structures:Above Grade, Below Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (609) 847-8460
- Office phone:
- (609) 921-1411
Taxes
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Tax ID Number:11-06403-00001
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Tax Year:2023
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Tax Lot:00001
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Tax Annual Amount:$8,417
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Tax Assessed Value:$151,200
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Year Assessed:2023
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Total Taxes Payment Frequency:Annually
The Listing
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Close Sale Type:Standard Sale
Heating & Cooling
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Cooling Type:Wall Unit
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Central Air:No
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Cooling Fuel:None
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Heating:Yes
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Heating Type:Baseboard - Hot Water
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Natural Gas
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Water Source:Public
Appliances
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Appliances:Oven/Range - Electric, Oven/Range - Gas, Refrigerator
Schools
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School District Name:Trenton Public Schools
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School District Source:Listing Agent
The Community
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Subdivision Name:None Available
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Pool:No Pool
Parking
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Garage:No
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Type of Parking:On Street
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Parking Features:Shared Driveway
Extra Units
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Other Units:Unit 1,Unit 2,Unit 3
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Vacation Rental:No
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Units Furnished:None
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One Bedroom Units:1
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Two Bedroom Units:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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8/29/24
Aug 29, 2024
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Sold | BRIGHT | $350,000 | |
7/13/24
Jul 13, 2024
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Sold Subject To Contingencies | BRIGHT | $350,000 | |
7/1/24
Jul 1, 2024
|
Relisted | BRIGHT | $350,000 |