Trenton NJ Multi Family for Sale

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Type:
Single Family
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
n/a
Lot size:
0.1 Acres
Year built:
1904
Baths:
MLS#:
NJME2050996

ADDITIONAL INFORMATION

Here is a great investment opportunity! Detached home with two 3 bedroom units up and down. The upstairs unit features two full baths, is currently vacant and ready for a new tenant or owner occupant. The downstairs unit has 1 full bath and is currently rented. Large open garage parking space in the back. Being conveyed in as-is condition with the Buyer responsible for certifications including the Certificate of Occupancy.

Type:
Single Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.1 Acres
Year built:
1912
Baths:
MLS#:
NJME2050088

ADDITIONAL INFORMATION

Professional Photos coming soon! Wonderful 6 unit multi family in a great section of Trenton! 5 of the units are rented monthly . Each unit is reasonably updated. Don't miss this opportunity to add to your investment portfolio! Call me to see the property access to the units is very limited.

Type:
Twin Home
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.08 Acres
Year built:
1896
Baths:
MLS#:
NJME2049590

ADDITIONAL INFORMATION

Type:
Twin Home
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.05 Acres
Year built:
1912
Baths:
MLS#:
NJME2049318
Subdivision:
Cadwalader Terrace

ADDITIONAL INFORMATION

Duplex with separate utilities with a one-bedroom unit and a two-bedroom unit. One bedroom has access to the basement and the 2-bedroom unit has access to fully finished attic. Updated roof, furnace, hot water heater, electric and plumbing. Tenants are month-to-month and property will be delivered vacant. Being sold as-is, buyer responsible for all inspections and repairs. This property presents a great opportunity for investment or personal use. Don't miss out!

Type:
Twin Home
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.05 Acres
Year built:
1900
Baths:
MLS#:
NJME2048792

ADDITIONAL INFORMATION

Unit 1 2 Bed, 1 Bath Lease until December Current Rent: $1,400/month Potential Rent: $1,800/month Appointment only after 5pm M-F Unit 2 4 Bed, 1 Bath Vacant â Ready to Rent! Potential Rent: $2,200/month Great for investors or owner-occupants! Live in one unit and rent the other for income. Recently updated and well-maintained, this property has strong rental potential in a desirable area. This duplex offers two distinct living spaces: a cozy 2-bedroom unit on the first floor, currently occupied, and a spacious 4-bedroom unit on the second floor, which will be delivered vacant at closing. Both units feature modern kitchens and bathrooms, with recent upgrades ensuring contemporary living spaces that require no immediate repairs or renovations. With separate utilities for each unit, managing the property is simplified, and tenants enjoy enhanced privacy. Located conveniently near public transportation and city amenities, the property is an attractive option for renters, ensuring steady occupancy. For added peace of mind, the seller is offering an American Home Shield Warranty and a clear Certificate of Occupancy with an acceptable offer. Whether you're looking to live in one unit and rent the other to offset living costs or seeking a solid investment with income potential, this property provides flexibility and growth opportunities. Property being sold as is.

Type:
Single Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1861
Baths:
MLS#:
NJME2047830
Subdivision:
Prospect Heights

ADDITIONAL INFORMATION

5 bedroom home $1,400.00 on a month-to-month lease and 1 commercial space $1,350.00 on a 10-year lease with 8 more to go.

Type:
Twin Home
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.06 Acres
Year built:
1914
Baths:
MLS#:
NJME2047306

ADDITIONAL INFORMATION

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.

Type:
Multi-Family
Sq.Ft.:
2,652
Status:
Active
Beds:
5
Lot size:
0.04 Acres
Year built:
1936
Baths:
4.00
MLS#:
22422637

ADDITIONAL INFORMATION

Attention investors! I have an incredible new opportunity that's perfect for growing your portfolio. This listing is a fully rented 4-unit property located in a prime area of New Jersey, All units currently rented, this property is already generating steady income, making it an ideal addition for any savvy investor. Each unit offers comfortable living spaces and is well-maintained, ensuring tenant satisfaction and minimizing vacancy risk. Don't miss out on this fantastic investment opportunity.

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.04 Acres
Year built:
1936
Baths:
MLS#:
2501836R

ADDITIONAL INFORMATION

Attention investors! I have an incredible new opportunity that's perfect for growing your portfolio. This listing is a fully rented 4-unit property located in a prime area, All units currently rented, this property is already generating steady income, making it an ideal addition for any savvy investor. Each unit offers comfortable living spaces and is well-maintained, ensuring tenant satisfaction and minimizing vacancy risk. Don't miss out on this fantastic investment opportunity. Let's secure your future with this property.

Type:
Single Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.06 Acres
Year built:
1896
Baths:
MLS#:
NJME2043384

ADDITIONAL INFORMATION

New Price! 189 Pennington Avenue presents a compelling investment opportunity with significant upside potential through strategic management and market repositioning. This mixed-use property comprises residential and commercial units, offering a balanced and diversified income stream. First floor unit approximately 500 sq ft, 1 bedroom 1 bathroom. Renting at $1,225/mo. Second Floor Unit, 3 bedrooms including finished attic. Approximately 1,500 sq. ft. renting at $1,160/mo. which is significantly below market value with older couple currently staying there for 10+ years. Market rent is $1,800 for 3 bedroom. The commercial unit, currently operating as a hair salon, is rented at $850/month, also below market value of $1,000/mo. There is an opportunity to negotiate future lease agreements in line with market escalations, potentially increasing income by 20-25%. The property's gross annual rental income potential, if all units are rented at current rates, is $38,820. However, with adjustments to market rent rates, the projected annual income could rise to $48,300. Recent renovations and market adjustments enhance operational efficiency, providing a strategic advantage for increased net operating income (NOI). The mixed-use nature of the property reduces vacancy risks and enhances overall financial stability, making it an attractive option for real estate investors. In a revitalizing area, 189 Pennington Avenue offers promising growth in rental income and property value, making it a lucrative investment opportunity. Should you need assistance finding a mixed use loan the current owner is happy to assist.

Type:
Twin Home
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.09 Acres
Year built:
1922
Baths:
MLS#:
NJME2041868

ADDITIONAL INFORMATION

Investor Special - Cap Rate is 12.5- This unit must be sold with 1418 W State St. Unit 1: Rent : $1155.00 SD: $1605.00 ( Section 8 ) (Terms Aug 31, 2024 ) Unit 2: Rent: $1700.00 SD: $2550.00 ( Section 8 ) (Terms April 2, 2025 ) Unit 3: Rent: $1350.00 SD: $2025.00 ( Terms April 14,2025 ) UNIT # 2 and Unit #3 were just redone.Landlord Pays: Water and Sewer : Averages $280.00 every 3 months PSEG House Meter: Monthly $8.62

Type:
Twin Home
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.09 Acres
Year built:
1922
Baths:
MLS#:
NJME2041866

ADDITIONAL INFORMATION

Investors Wanted- Cap Rate is 11.6. - This must be sold with 1420 W State St. Unit 1: Rent: $1350.00 SD: $1750.00 ( Lease month to month ) Unit 2: Rent: $1036.00 SD: $1500.00 Supportive Housing ( Terms February 28,2025 ) Unit 3: Rent: $1200.00 SD: $1800.00 Oaks Care ( Terms December 31, 2024 ) Unit # 3 was just freshened up, Unit #2 Freshened a year or so ago Landlord Pays: Water and Sewer: Averages $310.00 every 3 months PSEG House Meter : Monthly $4.86

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Andrea Conner, Maryland License 667140, Xome Inc., License 667140, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, D.C. License BR200200783, Xome Inc., License CO98372739, [email protected], 844-400- 9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, PA License # RM425337, Xome Inc., PA License #RB067821, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, NJ License # 1758875, Xome Inc. NJ License # 2326449, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

© BRIGHT, All Rights Reserved - 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 Xome Inc. participates, and is provided by BRIGHT through a licensing agreement. 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. 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 Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.
Andrea Conner, License 1758875, Xome Inc., License 2326449, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067

All information provided is deemed reliable but is not guaranteed and should be independently verified. Such information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Monmouth County MLS


Andrea Conner, License 1758875, Xome Inc., License 2326449, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067

The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than Xome are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.



Trenton Real Estate

The median home value in Trenton, NJ is $252,500. This is lower than the county median home value of $344,600. The national median home value is $338,100. The average price of homes sold in Trenton, NJ is $252,500. Approximately 33.13% of Trenton homes are owned, compared to 53.16% rented, while 13.71% are vacant. Trenton real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Trenton real estate agent to arrange a tour today!

Trenton, New Jersey 08618 has a population of 90,097. Trenton 08618 is less family-centric than the surrounding county with 28.82% of the households containing married families with children. The county average for households married with children is 32.83%.

The median household income in Trenton, New Jersey 08618 is $39,718. The median household income for the surrounding county is $85,687 compared to the national median of $69,021. The median age of people living in Trenton 08618 is 36.1 years.

Trenton Weather

The average high temperature in July is 85.4 degrees, with an average low temperature in January of 22.1 degrees. The average rainfall is approximately 47.5 inches per year, with 19.9 inches of snow per year.

Trenton Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    103
    30-day change

Trenton Schools and Demographics

Education near Trenton, NJ

Metric City County
High School Graduates 75.55 89.56
College Degree - 2 year 4.61 6.17
College Degree - 4 year 15.11 43.6
Graduate Degree 3.23 13.9
Expenditures per Student 24,781 24,781
Students per Teacher 12.4 12.4

Elementary Schools near Trenton, NJ

School Grades Students P/T Ratio ZIP
Columbus Elementary School KG - 05 334 10.4 08638
Francis Lore Elementary School PK - 05 552 12.7 08628
Gregory Elementary School KG - 05 352 11 08618
International Academy of Trenton Charter School KG - 03 351 20.6 08618
Jefferson Elementary School KG - 05 420 12.7 08618
Martin Luther King Jr. Elementary School KG - 05 624 10.8 08638
Monument Elementary School KG - 05 351 12.1 08618
Parkway Elementary School KG - 05 396 10.1 08618
Stokes Early Childhood Center PK - PK 197 14.1 08618
The Village Charter School KG - 08 359 11.6 08638
Wilson Elementary School KG - 05 414 10.9 08638
WL Antheil Elementary School PK - 05 646 10.3 08638

Middle Schools near Trenton, NJ

School Grades Students P/T Ratio ZIP
Gilmore J Fisher Middle 06 - 08 870 9.7 08618
Joyce Kilmer Middle School 06 - 08 453 10.8 08618
Luis Munoz-Rivera Ms 06 - 08 484 10.8 08618
Paul Robeson Charter School for the Humanities 04 - 08 373 11 08638

High Schools near Trenton, NJ

School Grades Students P/T Ratio ZIP
Ewing High School 09 - 12 1,171 13 08618
Trenton Central High School - West Campus 09 - 12 688 10.4 08618

Ungraded Schools near Trenton, NJ

School Grades Students P/T Ratio ZIP
* Capital Academy 09 - 12 41 08638
* Project Teach - Mercer 09 - 12 31 08618
* Youthbuild Camden 09 - 12 36 08625
Ann Klein Forensic Center 10 - 10 0 08625
Foundation Academy Charter School 03 - 12 788 12.9 08608
Isles Community Car UG - UG 13 08625
Marie H. Katzenbach School for the Deaf UG - UG 0 08628
Mercer Regional School UG - UG 0 08618

Demographics near Trenton, NJ 08618

Metric Zip Code City
Neighborhood Type Inner City
Population 90,097 384,951
Population Density 11,888 1,715
Median Age 36.1 38.9
People per Household 2.8 2.7
Median Household Income 39,718 85,687
Average Income per Capita 24,951 45,879