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220 E Hanover St, Trenton, NJ, 08608

$465,000

Home List Price

$5,522*

Closing Credit

0 Baths
4,151 SqFt
$112/SqFt
House
Schools Nearby

Location

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220 E Hanover St, Trenton$465,000

Buyer Closing Credits

$5,522*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingOn Street
Year Built1950
HeatingForced Air
CoolingWindow Unit(s)
BasementYes
MLS #NJME2040448
Lot Size0.06 Acres
StatusActive
(ACTIVE)

About 220 E Hanover St

Five units fully occupied in a prime downtown location, merely a block from the stately Capital Building. An additional unit awaits your vision - convert to a spacious 2 bedroom residence or a bustling commercial space, as zoning allows. This convenient location means tenants are just a short stroll from the train station. The owner covers sewage and water, while tenants pay electric and heat separately. All leases have expired, opening the door to bringing rents up to current market rates. The layout showcases the property's versatility. Unit 1 is a cozy studio. Unit 2 offers 1 bedroom. Unit 3 is a 2 bedroom. Unit 4 provides 1 bedroom. Unit 5 gives you 1 bedroom. And Unit 6? That's up to you - maximize it as a 2 bedroom apartment or commercial unit. This turnkey investment comes ready to reimagine, reinvent and revitalize. Act now to make it yours!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1950
  • Living Area: 4,151 SqFt

Listing Office:

  • Office Name: Weichert Realtors-Princeton Junction
  • Office Phone: (609) 799-3500
  • Listing Agent: Karla Roman

Interior Features

Interior Information:

  • Basement: Yes

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
  • Luis Munoz-Rivera Middle School, Public District Grades 6-8
  • Dunn Middle School, Public District Grades 6-8
  • Grant Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Head East on E Hanover toward N Montgomery St the destination will be on the left

Municipality:

  • Trenton City

Price Information

Listing Price Info

Price Summary:

  • List Price: $465,000
  • Price Per SqFt: $112/SqFt

Tax Information:

  • Annual Amount: $13,032
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$307.7K

Med. Price/SqFt

$221

Avg. Days On Market

26

# of Sold Homes

80

220 E Hanover St vs Trenton

55 DAYS ON ROCKET

+29 Days

$465,000

+$157.2K More

$112/SqFt

-$110 Less

KEY TAKEAWAY

This property is $157.2K more than the Median Sold Price and $110/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: #NJME2040448

Listing Office:

  • Office Name: Weichert Realtors-Princeton Junction
  • Office Phone: (609) 799-3500
  • Listing Agent: Karla Roman

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: 5/2/2024, 8:20:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 09, 2012Home Sold
$175,000
Sep 17, 2007Home Sold
$425,000
May 12, 2004Home Sold
$90,000
Nov 21, 1990Home Sold
$140,000

Tax History

YEARPROP. TAXASSESSMENT
2020$13,032$239,300
2019$12,474$239,300
2018$12,475$239,300
2017$11,857$239,300

History based on county public records data.

Payment Calculator

$2,388

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,461

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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-4633922
1
/10
  • Grant Elementary School

  • 159 N Clinton Ave

  • 0.42 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4633923
3
/10
  • Luis Munoz-Rivera Middle School

  • 400 N Montgomery St

  • 0.30 miles

  • Public District Grades 6-8

school-card-donut-4633924
3
/10
  • Dunn Middle School

  • 401 Dayton St

  • 1.78 miles

  • Public District Grades 6-8

High School

school-card-donut-4633925
1
/10
  • Trenton Central High School - Main Campus

  • 400 Chambers St

  • 0.96 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $17,824. The most common annual income of people living in Trenton, NJ is less than $35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 220 E Hanover St

What is the listing price of this property?

The listing price of 220 E Hanover St property is $465,000.

What type of property is this?

The property 220 E Hanover St is a house located in Trenton, New Jersey, 08608.

Is this property for sale now?

Active Listing: 220 E Hanover St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 220 E Hanover St are:
Grant Elementary School: GreatSchools Rating 1/10
Luis Munoz-Rivera Middle School: GreatSchools Rating 3/10
Dunn Middle School: GreatSchools Rating 3/10
Trenton Central High School - Main Campus: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $13,032 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 9, 2012 for $175,000. (source: MLS/tax record).

What is the square footage of this property?

The property 220 E Hanover St is 4,151 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 220 E Hanover St is 1950.

Rocket HomesNew JerseyMercer CountyTrenton08608220 E Hanover St

This home is located at 220 E Hanover St in Trenton, NJ and zip code 08608 in the Hanover Academy neighborhood. This 4,151 square foot home, which was built in 1950, sits on a 0.06 acre lot. It has been listed on Rocket Homes since March 07, 2024 and is currently priced at $465,000.

In April 2024, from all listings sold in Trenton, NJ there were more than 52 sold above asking price, over 19 sold below and more than 9 were sold right at the asked price. Between March 2024 and April 2024, Trenton, NJ real estate market has seen increase in the number of listings by 2.8%. Listings spent 26 days on the market in April 2024, and had a median list price of $307,735 during the same period.

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

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