127 Academy Street
Description
investment objective. It’s located within the designated Redevelopment and Opportunity zone. This property is being sold as two properties portfolio, which includes 140 East Hanover Street. But they can be sold separately as needed. Building requires total renovation! Investor can benefit from Federal and State Tax credits and available funds to facilitate the redevelopment. The Opportunity Zones program...Building is vacant and will require total reinvention to meet current market condition and long-term
investment objective. It’s located within the designated Redevelopment and Opportunity zone. This property is being sold as two properties portfolio, which includes 140 East Hanover Street. But they can be sold separately as needed. Building requires total renovation! Investor can benefit from Federal and State Tax credits and available funds to facilitate the redevelopment. The Opportunity Zones program is designed to drive long-term capital investments into rural and urban communities. Investors can defer paying federal taxes on capital gains reinvested in Qualified Opportunity Funds that invest in designated communities, under rules released by the U. S. Department of the Treasury. Building requires total renovation!
- Listed by Charles Teh Jr. • Segal LaBate Commercial Real EstateP: (609)-635-3709 charles@segal-labate.com
Property Details for 127 Academy Street
Property Details for 127 Academy Street
| Status | Active |
|---|---|
| MLS # | NJME2044012 |
| Days on Market | 174 |
| Taxes | $67,082 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Fee Simple |
| Year Built | 1925 |
| Lot Size | 0.18 AC / 7,640 SF |
| County | Mercer County |
Building Information for 127 Academy Street
Property Information for 127 Academy Street
- School District Name: TRENTON PUBLIC SCHOOLS
- School District County ID: 300200396606
- SchoolDistrictSource: Listing Agent
- County: MERCER
- MLS Area: Trenton City (21111)
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Tax Year: 2023
- Tax Assessed Value: $1,205,000
- Year Assessed: 2023
- County Tax: $0
- Improvement Assessed Value: $289,000
- City Town Tax: $0
- Land Assessed Value: $916,000
- Clean Green Assessed: No
- Land Use Code: 0
- Zoning: HIST
- Tax Lot: 00010
- School Tax: $0
- Automatically Update Tax Values Y/N: Yes
- Single Room Units Count: 90
- One Bedroom Units Count: 0
- Two Bedroom Units Count: 0
- Three Bedroom Units Count: 0
- Units Furnished: None
- Number Of Units Vacant: 90
- Building Level Count: 5
- Building Units Total: 1
- Total Finished SQFT: 29,948.00
- Total Finished SQFT Source: Assessor
- Tax Total Finished SQFT: 29,948.00
- Total SQFT: 29,948.00
- Total SQFT Source: Assessor
- Elevators Count: 1
- Construction Materials: Block, Brick, Concrete, Frame, Masonry, Mixed, Brick Front, Batts Insulation
- Roof: Asphalt, Unknown
- Foundation Details: Block, Brick/Mortar
- Lot Size Source: Assessor
- Lot Size Dimensions: 0.00 x 0.00
- Lot Dimensions Source: Assessor
- Parcel ID: 2147045
- Type Of Parking: Parking Lot
- Parking Lot - # of Spaces: 8
- Fireplace: No
- Accessibility Features: 2+ Access Exits
- Pool: No Pool
- Other Structures: Above Grade, Below Grade
- Heating: Yes
- Cooling Type: None
- Cooling Fuel: None
- Heating Type: None
- Heating Fuel: None
- Hot Water: None
- Water Source: None
- Sewer Septic: Public Sewer
- List Agent AOR: Mid Jersey Association of REALTORS
Property History for 127 Academy Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 127 Academy Street
Schools near 127 Academy Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 3 | |||
| Public - | 4 to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 10 to 12 |
Rating | School | Distance |
|---|---|---|
Luis Munoz-Rivera Elementary School PublicK to 3 | ||
Monument Elementary School Public4 to 6 | ||
Holland Middle School Public7 to 8 | ||
Trenton Central High School Public10 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Segal LaBate Commercial Real Estate
Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.