2 months on rocket

108 Lee Ave, Trenton, NJ, 08618

$259,900

Home List Price

$3,086*

Closing Credit

0 Baths
2,498 SqFt
$104/SqFt
Multi

Location

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108 Lee Ave, Trenton$259,900

Buyer Closing Credits

$3,086*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOn Street
Year Built1914
HeatingForced Air
CoolingWindow Unit(s)
MLS #NJME2047306
Lot Size0.06 Acres
StatusActive
(ACTIVE)

About 108 Lee Ave

Here is another one for all serious investors in the Greater Trenton area, seeking serious Cash Flow. This property is an outstanding Cash producer; it generates nearly $3,000.00 per month in Cash Flow, and being in the pristine condition its in, it could -easy increase cash flow to $3,500.00 per month, due to the size of the apartments. Seller is presenting to the market a large 2 unit structure; its a Turn Key opportunity, and it is in splendid condition. It has 2 long term paying, happy tenants. Property is close to Downtown Trenton , Shopping Centers, Transportation Hubs, and Major Highways in the area. At this magnificent -discounted selling price, it will not last long. property is Priced to Sell Quickly. Bring your buyers, and present those offer, Agents. Seller is waiting and listening for the right - Selling Price.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1914
  • Living Area: 2,498 SqFt

Listing Office:

  • Office Phone: (908) 591-4119
  • Listing Agent: Reginald Ferguson

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Trenton Central High School - Main Campus, Public District Grades 9-12
  • Joyce Kilmer Middle School, Public District Grades 6-8
  • Jefferson Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Route 29 to Lee Ave.

Municipality:

  • Trenton City

Price Information

Listing Price Info

Price Summary:

  • List Price: $259,900
  • Price Per SqFt: $104/SqFt

Tax Information:

  • Annual Amount: $5,974
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Trenton, NJ.

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Trenton, NJ

City

Med. Sold Price

$325K

Med. Price/SqFt

$236

Avg. Days On Market

21

# of Sold Homes

97

108 Lee Ave vs Trenton

78 DAYS ON ROCKET

+57 Days

$259,900

-$65.1K Less

$104/SqFt

-$132 Less

KEY TAKEAWAY

This property is $65.1K less than the Median Sold Price and $132/SqFt less than other homes in Trenton, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #NJME2047306

Listing Office:

  • Office Phone: (908) 591-4119
  • Listing Agent: Reginald Ferguson

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/31/2024, 9:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,974$109,700
2019$5,718$109,700
2018$5,719$109,700
2017$5,436$109,700

History based on county public records data.

Payment Calculator

$1,365

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$846

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-856486
2
/10

  • Jefferson Elementary School

  • 1 Whittlesey Rd

  • 0.62 miles

  • Public District Grades KG-5

Middle School

school-card-donut-856487
3
/10

  • Joyce Kilmer Middle School

  • 1300 Stuyvesant Ave

  • 0.65 miles

  • Public District Grades 6-8

High School

school-card-donut-856488
1
/10

  • Trenton Central High School - Main Campus

  • 400 Chambers St

  • 3.13 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,831. Typical income of Trenton, NJ residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Mercer County›Trenton›08618›108 Lee Ave

This home is located at 108 Lee Ave in Trenton, NJ and zip code 08618 in the Island neighborhood. This 2,498 square foot home, which was built in 1914, sits on a 0.06 acre lot. It has been listed on Rocket Homes since August 14, 2024 and is currently priced at $259,900.

Trenton, NJ housing market in September 2024 saw over 54 listings sold above listed price, more than 17 sold at listed price and over 26 sold below. Between August 2024 and September 2024, Trenton, NJ real estate market has seen decrease in the number of listings by 0.8%. In September 2024, listings were on the market for 21 days. During the same period, the median list price in this real estate market was $325,000.

From Rocket Homes Real Estate and based on county public records data.

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