$1 million for a home in Trenton?!? Is this one actually worth it?
TRENTON — The owner of a home in the state's capital is listing that home for a cool million dollars — more than twice as much as any other residential property in the city.
The home, in the Hiltonia neighborhood, is 9,000 square feet, has six bedrooms and five bathrooms, according to real estate agent Gloria Nilson's site. Among the highlights of the home is a 32-foot great room, and a patio that overlooks Cadwalader Park.
Originally built in 1929, the home has had many technological upgrades including a security system, cable television, and a commercial gourmet kitchen, according to the listing. There is also a full wine cellar, and a two-car heated garage.
In addition to the hefty sale price, the home also carries a significant tax burden of more than $19,000, according to the real estate agent.. The million-dollar listing price is also almost five times more than the current owner paid when the house was last purchased in 1990, for a much more modest $288,800.
The home costs far more than any other in the Trenton city limits, according to Zillow.com. In fact, it's the only home listed for more than $500,000. The next runner-up is a $380,000 six-bed, four-bath unit on Bellevue Avenue. And Zillow says the median home value in Trenton is just $82,300; the median among any on sale is a much lower $53,30.
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Contact reporter Adam Hochron at 609-359-5326 or Adam.Hochron@townsquaremedia.com