Seller's Agent in 2022
NICOLE WOLF
BHHS Fox & Roach
(609) 610-5789
2 in this area
37 Total Sales
74 E Prospect St Hopewell, NJ 08525
Hopewell NeighborhoodEstimated Value: $658,201 - $728,000
--
Bed
--
Bath
2,068
Sq Ft
$328/Sq Ft
Est. Value
Highlights
- Additional Residence on Property
- Wood Flooring
- 2 Car Detached Garage
- Hopewell Valley Central High School Rated A
- 1 Fireplace
- More Than Two Accessible Exits
About This Home
As of December 2022Back on Market! Purchase with Loan or Cash Acceptable...Lucrative 3-Unit Investment Property in High-Demand Hopewell Borough, excellent quiet location just a few blocks from Brick Farm Market, Shops and Restaurants. Walk to elementary school, park and shopping! Two-family dutch colonial house with separate Detached Cottage in the back situated on a wide double lot with a detached 2 car garage. Main house includes two 2-Bedroom/1 Bath apartments, each with its own furnace and hot water heater. 1st floor apartment is large, featuring 2 bedrooms/1 Bathroom, 2nd bedroom leads into an office/study space, large Living Room with charming fireplace, Dining Room, and Sunporch with walls of windows and Separate Entrance. 2nd floor apartment features 2 Bedrooms, cedar closets, large Kitchen with pantry, Bathroom with tub/shower, and Living Room. 2nd bedroom has access to the attic which can be used for extra storage space or could be turned into a study. Both apartments have access to laundry and storage in the basement. The back Cottage includes 2 beds/1 bath. All units have access to large side and backyards and ample parking.
Unit 1 (Downstairs Apt): $1700/Month Rent, month to month lease. Unit 2 (Upstairs Apt): Vacant, was leased at $1750/mo. Unit 3 Cottage: $950/Month Rent, month to month lease. Garage bays not included in rent and can be leased separately.
ALL TENANTS PAY THEIR OWN UTILITIES. Owners pays water, sewer, insurance and taxes.
Insurance: $962/year; Water bill: avg. $250/quarter; Sewer bill: avg. $256/quarter.
Furnaces replaced 2016. 3 Hot water heaters replaced 2015-2018.
Property being sold as-is.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,776
Year Built
- Built in 1935
Lot Details
- 9,480 Sq Ft Lot
- Lot Dimensions are 60.00 x 158.00
- Level Lot
- Open Lot
Parking
- 2 Car Detached Garage
- 4 Driveway Spaces
- Front Facing Garage
- Off-Street Parking
Home Design
- Triplex
- Brick Foundation
- Pitched Roof
- Stick Built Home
Interior Spaces
- 2,068 Sq Ft Home
- 1 Fireplace
- Replacement Windows
- Wood Flooring
- Unfinished Basement
- Basement Fills Entire Space Under The House
Utilities
- Hot Water Heating System
- 100 Amp Service
- Electric Water Heater
Additional Features
- More Than Two Accessible Exits
- Additional Residence on Property
Listing and Financial Details
- The owner pays for sewer, water, real estate taxes, insurance
- Tax Lot 00025
- Assessor Parcel Number 05-00035-00025
Community Details
Overview
- 3 Units
Building Details
- 1 Vacant Unit
- Income includes apartment rentals
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 14, 2021
Closed on
Dec 9, 2022
Sold by
Keri Karen
Bought by
Araki Victoria S and Araki Hajime
Seller's Agent
NICOLE WOLF
BHHS Fox & Roach - Princeton
Buyer's Agent
Jennifer Winn
Redfin
List Price
$599,000
Sold Price
$620,000
Premium/Discount to List
$21,000
3.51%
Total Days on Market
375
Views
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,800
Avg. Annual Appreciation
3.83%
Original Mortgage
$417,500
Interest Rate
6.33%
Purchase Details
Closed on
Jan 26, 2018
Sold by
Perpetua Fllomena
Bought by
74 East Prospect Street Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.93%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 7, 2011
Sold by
Estate Of Gerald W Perpetua
Bought by
Perpetua Filomena
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Araki Victoria S | $620,000 | Premier Abstract & Title | |
| 74 East Prospect Street Llc | $325,000 | Foundation Title Llc | |
| Perpetua Filomena | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Araki Victoria S | $417,500 | |
| Previous Owner | 74 East Prospect Street Llc | $260,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/12/2022 12/12/22 | Sold | $620,000 | +3.5% | $300 / Sq Ft |
| 09/24/2022 09/24/22 | Pending | -- | -- | -- |
| 09/09/2022 09/09/22 | For Sale | $599,000 | -3.4% | $290 / Sq Ft |
| 06/08/2022 06/08/22 | Off Market | $620,000 | -- | -- |
| 05/17/2022 05/17/22 | For Sale | $599,000 | -3.4% | $290 / Sq Ft |
| 05/13/2022 05/13/22 | Off Market | $620,000 | -- | -- |
| 05/06/2022 05/06/22 | For Sale | $599,000 | -3.4% | $290 / Sq Ft |
| 01/26/2022 01/26/22 | Off Market | $620,000 | -- | -- |
| 10/20/2021 10/20/21 | For Sale | $599,000 | -3.4% | $290 / Sq Ft |
| 10/15/2021 10/15/21 | Off Market | $620,000 | -- | -- |
| 09/14/2021 09/14/21 | For Sale | $599,000 | 0.0% | $290 / Sq Ft |
| 08/27/2013 08/27/13 | Rented | $1,400 | 0.0% | -- |
| 08/25/2013 08/25/13 | Under Contract | -- | -- | -- |
| 05/21/2013 05/21/13 | For Rent | $1,400 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $13,465 | $406,800 | $209,600 | $197,200 |
| 2023 | $13,465 | $406,800 | $209,600 | $197,200 |
| 2022 | $13,014 | $406,800 | $209,600 | $197,200 |
| 2021 | $12,778 | $406,800 | $209,600 | $197,200 |
| 2020 | $12,599 | $406,800 | $209,600 | $197,200 |
| 2019 | $12,411 | $406,800 | $209,600 | $197,200 |
| 2018 | $11,874 | $406,800 | $209,600 | $197,200 |
| 2017 | $11,508 | $406,800 | $209,600 | $197,200 |
| 2016 | $11,134 | $406,800 | $209,600 | $197,200 |
| 2015 | $11,207 | $406,800 | $209,600 | $197,200 |
| 2014 | $11,790 | $460,200 | $249,600 | $210,600 |
Source: Public Records
Agents Affiliated with this Home
-
NICOLE WOLF
-
Buyer's Agent in 2022
Jennifer Winn
Redfin
(917) 584-4162
-
Lois Grieves
L
Seller's Agent in 2013
Lois Grieves
Corcoran Sawyer Smith
2 in this area
6 Total Sales
Map
Source: Bright MLS
MLS Number: NJME2005002
APN: 05-00035-0000-00025
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information 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 the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.
Nearby Homes
- 14 Seminary Ave
- 14 Seminary Ave Unit 14
- 53 Somerset St
- 111 E Prospect St
- 14 Blackwell Ave
- 2 Front St
- 20 Hart Ave
- 5 N Lanning Ave
- 108 Grandview Ave
- 7 Eaton Place
- 134 W Broad St
- 70 Hart Ave
- 72 Hart Ave
- 82 Aunt Molly Rd
- 259 Pennington Hopewell Rd
- 19 Rolling Hill Rd
- 68 Lambertville Hopewell Rd
- 10 Gaitway Dr
- 6 Nelson Ridge Rd
- 57 Van Dyke Rd