Trenton NJ Multi Family for Sale
$375,000
205 Second Street Trenton, NJ 08611
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.04 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- NJME2046494
ADDITIONAL INFORMATION
Established 3-unit brick apartment building showing excellent income and rental history. Separate utilities 3 heating systems. Tenants pay gas, electric heat. All units are currently rented to long term tenants totaling $2,934 per month but there is potential for a significant increase on all three units!
$412,000
126 Jackson Street Trenton, NJ 08611
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.06 Acres
- Year built:
- 1866
- Baths:
- MLS#:
- NJME2044544
- Subdivision:
- Mill Hill
ADDITIONAL INFORMATION
Charming multi family located in the desirable Mill Hill area. Offers a inner city feel with a touch of bed and breakfast appeal. With beautiful craftmanship through out. Updated flooring , painting, kitchen, bathroom and so much more. First floor unit offers a open concept living area with a quaint kitchenette leading off to your bathroom. Just across from your living room you will find your amble size bedroom with an attached sunroom, office, or even a workout room. The choice is yours! Following the steps upstairs you will find the second unit which offers plenty storage space and room for all of your belongs to make this your new home. One the 3rd floor you will find a quaint efficacy. There are so many options with this property. You can purchase as an investment property live in one unit and rent out the other two units. You can rent out all three units or even live in the entire home as a single family.
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.09 Acres
- Year built:
- 1926
- Baths:
- MLS#:
- NJME2044392
ADDITIONAL INFORMATION
Investor special. Don`t miss out on this huge brick two family. Fully rented to long term tenants. All separate utilities including gas heat and electric. Off street parking plus a two car garage. Not far from public transportation. Trains to NYC and Philly only a couple blocks away.
- 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.
$350,000
107 E State Street Trenton, NJ 08608
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.04 Acres
- Year built:
- 1950
- Baths:
- MLS#:
- NJME2043276
ADDITIONAL INFORMATION
A spacious commercial building situated in the heart of Downtown Trenton, formerly operated as a thriving beauty supply store boasting significant foot traffic. The property includes two sizable units on the second and third floors, offering versatile potential for conversion into either four apartments or commercial office spaces. The upstairs units feature appealing floor plans conducive to various layouts. Additionally, the property encompasses a generously-sized basement ideal for storage purposes. Awaiting its new owner to unlock its full potential. Property currently needs complete renovations in 2nd and 3rd floor and ready to operate in commercial 1st floor unit.
$550,000
202 Centre Street Trenton, NJ 08611
- Type:
- Townhouse
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.05 Acres
- Year built:
- 1877
- Baths:
- MLS#:
- NJME2042550
ADDITIONAL INFORMATION
Open House- 7-27-2024 Priced to sell! Welcome to this newly renovated income producing 5 Unit apartment building with a 3 car garage. All apartments are currently rented. This Multi-Family features 4 apartments and a nice size commercial store front that was formerly used as a tax office. There is also a 3 car garage that can generate extra income. This property is the perfect situation for someone that needs a 1031 exchange, or an office for a tax co, insurance co where you can collect rent and the rental units off-set your mortgage, making it rent free for you to run your business. Lastly, there is a possibility that the office front can be converted into a large 1 bedroom apartment, adding more residential units. More pictures coming soon. Close to public transportation, Cure Arena, bar and grills on S Broad. Act fast, as this deal will not last. Agents, pls read the agents notes before making an appointment. Buyers funding fell through.
- 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
$290,000
Hudson Street Trenton, NJ 08611
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.05 Acres
- Year built:
- 1877
- Baths:
- MLS#:
- 2409693R
View additional info
Courtesy: EXP REALTY, LLC
ADDITIONAL INFORMATION
Welcome to this exceptional multi-family listing in Trenton, NJ, offering the perfect opportunity for investors seeking a promising income-generating property. Nestled in a convenient locale, this two-unit residence is a prime asset for any real estate portfolio. Unit 1 welcomes with its cozy yet functional layout, boasting one bedroom, one bathroom, a well-appointed kitchen, and a spacious dining area. Designed for optimal space utilization, it ensures a comfortable living experience for tenants. Unit 2 offers enhanced privacy and convenience with its separate rear entrance. Featuring two bedrooms, a generously sized eat-in kitchen, a modern bathroom, and a finished attic space, this unit presents versatile possibilities. With existing tenants in place, this property promises immediate income potential, making it an enticing investment opportunity for both seasoned investors and newcomers alike. Secure your slice of stable and profitable real estate in Trenton today!
$290,000
304 Hudson Street Trenton, NJ 08611
- Type:
- Twin Home
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.05 Acres
- Year built:
- 1877
- Baths:
- MLS#:
- NJME2040766
- Subdivision:
- Chambersburg
ADDITIONAL INFORMATION
Welcome to this exceptional multi-family listing in Trenton, NJ, offering the perfect opportunity for investors seeking a promising income-generating property. Nestled in a convenient locale, this two-unit residence is a prime asset for any real estate portfolio. Unit 1 welcomes with its cozy yet functional layout, boasting one bedroom, one bathroom, a well-appointed kitchen, and a spacious dining area. Designed for optimal space utilization, it ensures a comfortable living experience for tenants. Unit 2 offers enhanced privacy and convenience with its separate rear entrance. Featuring two bedrooms, a generously sized eat-in kitchen, a modern bathroom, and a finished attic space, this unit presents versatile possibilities. With existing tenants in place, this property promises immediate income potential, making it an enticing investment opportunity for both seasoned investors and newcomers alike. Secure your slice of stable and profitable real estate in Trenton today!
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.06 Acres
- Year built:
- 1950
- Baths:
- MLS#:
- NJME2040520
ADDITIONAL INFORMATION
Great Opportunity to own this mixed use property. 3 apartments and a storefront with huge storage room in rear that could possibly bring in additional rent, it has it's on access. Fully occupied. Rents: $1,600/month for storefront $ 900/month for 2 bedroom $ 850/month for two 1 bedroom units
© 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.
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 $220,000. 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 $220,000. 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 has a population of 90,097. Trenton is less family-centric than the surrounding county with 22.55% 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 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 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.