The median home value in Trenton, NJ is $87,000.
This is
lower than
the county median home value of $290,000.
The national median home value is $308,980.
The average price of homes sold in Trenton, NJ is $87,000.
Approximately 33% of Trenton homes are owned,
compared to 52% rented, while
15% are vacant.
Trenton real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Trenton real estate agent to arrange a tour today! Learn more about Trenton.
COMING SOON! Expected on Market Date August 23, 2024. Mixed Use property in the heart of downtown Trenton's central business district! Lots of pedestrian traffic from nearby office buildings and residential neighborhoods. Restaurant tenant on the first floor. Leased through mid-2025. 1 bedroom apartments on each of the 2nd and 3rd floors are move-in ready. Property in excellent condition. First floor tenant has profitable business (not included in sale). Stabilized property pro forma shows a cap rate of 9%. New owners can occupy the apartments or choose their own qualified tenants. First floor interior restaurant space is approx. 1400 SF of commercial space, plus basement. 1 bedroom apartments are approx. 700SF each. All units are separately metered for cooking gas and electric. Restaurant has central AC and cooking hood. Apartments have ductless mini splits being installed for cooling and additional heat. Owner's utility bill is less than $300 per month and will go down after the mini splits are installed. Redevelopment area! The Property is part of the downtown business improvement district that includes programming for extra cleaning and safety, plus marketing and tourism. Local government is in the process of creating a 'restaurant row' district and making capital improvements, including sidewalk upgrades, on the block. For new business owners, City of Trenton has grants available for exterior upgrades and improvements and Trenton Downtown Association can help with marketing. Several new development projects in the immediate neighborhood including Van Sciver building (138 new apartments +parking), 200 block of E State St (+/- 600 apartments approved; 50 completed and occupied already), Taxation building redevelopment (see Capital City Redevelopment Corporation site) and the Trenton Parking Authority's Front Street Garage, which is receiving expressions of interest. Easy access to property from Routes 29, 129, 195, 295, 206, and 31. One mile from Trenton Transit Center One block from Mill Hill Park. 3 blocks from NJ Statehouse and legislature.
See "Documents" for Flyer providing further information: '¢ +/- 3,606 SF - 1st Floor '¢ +/- 3,606 SF - 2nd Floor +/- 7,212 SF - Total (Plus +/- 3,606 SF Basement) '¢ Rare large corner parcel on .78 acres with freestanding highly visible former 2-story bank building on Hamilton Avenue in Trenton '¢ Substantial parking with +/-26 spaces '¢ Delivered 'As Is' free and clear of any tenancies '¢ Back access to residential neighborhoods '¢ Property will be deed restricted for 2 years against any financial institution '¢ Zones and Tax Credit Market Eligibility: - Housing and mortgage finance agency targeted municipality - Low income housing tax credit qualified census tract - Neighborhood revitalization - New market tax credit - NJ redevelopment authority eligible municipality - Smart growth area - Urban enterprise (UEZ) Zoning: RB (Residential) '¢ Principal Uses: Detached single family dwelling units, semi-detached family dwelling units & row house dwelling units '¢ Permitted Accessory Uses: Private attached and detached garages & family day care homes '¢ Permitted Conditional Uses: Schools, churches, parking lot, day care & nursing homes 2 Vaults - 1st floor and basement Conference & Break Room - 2nd floor 2 Bath Room
4-Unit Mixed-Use Property This property features 2 three-bedroom apartments and 2 commercial spaces. One commercial unit is currently vacant. All residential units and the occupied commercial space are on month-to-month leases, as their original leases have expired. All utilities are separate, except for water. Both buildings include full basements and a large backyard. The owner prefers to sell both buildings together. Current rents are: Apartments: $950 and $975 per month Rented commercial space: $1,000 per month The property is being sold as-is, and buyers are responsible for obtaining the Certificate of Occupancy (C.O.). Conveniently located near major roads and shopping centers.
Unlock a world of potential with this exceptional mixed-use property, presenting a golden opportunity for both owner/operators and savvy investors. Key features include a LIQUOR LICENSE, two kitchens, two baths, pizza ovens for diverse culinary offerings, and a seating capacity for 40 patrons. Note that the business is not included in the sale. Most of the essential restaurant items are included, streamlining the transition for the new owner. This includes dining hall furniture, bar stools, and backyard seating. A detailed list of included equipment will be provided, with only specific exclusions. The fenced rear yard adds privacy and charm for potential outdoor dining. Don't miss the chance to acquire this income-producing gem, strategically designed for success. Whether you're a restaurateur looking to expand or an investor seeking a lucrative addition to your portfolio, this property has the winning formula. Schedule a viewing today to explore its potential and secure your stake in this fantastic investment opportunity!
The perfect turn key investment property is right here, waiting for you! This business features many updates including; new washers, dryers and new exhaust system for the dryers. New roof, gutters, siding, AC & heat have also been added to list of features this building has. All new electrical and paint inside and out complete this ready to go business! Everything is included, no need to do anything more. Do not lose out on your opportunity to own this beauty!
FULLY EQUIPPED RESTAURANT WITH FOUR FULLY LEASED APARTMENTS INCOME. CHEF OWNER RETIRING. BEING SOLD AS-IS. RESTAURANT WILL BE DELIVERED VACANT AT CLOSING.
Located in Bordentown Township this income-producing 2,800 SF highway commercial property, on the southbound side of Route 130, is currently leased for $3,250/month to a long-term stable business until December, 2025 with extension options. The building underwent a full renovation in 2014 and was connected to the public sewer in 2019. This single-story, freestanding stucco building features a front section used as a reception area and storage, followed by an office area with a 1/2 bath and break area, separate full bath, a maintenance bay with an automatic overhead door, and a storage bay with a manual overhead door. Onsite parking and good signage provide excellent visibility and accessibility. Zoned highway commercial, this property permits a variety of uses.
Discover the untapped potential of this well maintained church, perfectly situated on a prominent corner lot with exceptional visibility and access to major roadways (NJ Turnpike Rt 1 I 295), bus routes, Trenton Train Station, and Mercer County Airport. This well maintained property is a dream come true for an established religious institution or for visionary developers looking to transform this property into housing opportunities (a mix of all housing types is permitted within the district ie. group home, multi-family, apartment complex), as well as small scale commercial uses that serve the neighborhoods.
Must see!!Welcome to Historic Trenton. Kiss your landlord good-bye! Two buildings for the price of one. Currently two offices and two apartments. More details pending.
Unique opportunity in Trenton! This charming church, now listed for sale, offers a versatile space for your next venture. With its simple design and convenient location, the possibilities are endless. Whether you envision it as a community hub, thriving business, or continuing religious use, this property has the potential to become a cornerstone of the neighborhood. Don't miss out on this chance to make your mark on this promising property! Buyer must do their own due diligence regarding proposed uses.
Large commercial property with potential for residential conversion on the upper floors. The first floor features a spacious commercial area suitable for retail, a restaurant, or office space. The two additional floors are ready for renovations and can be converted into office spaces or residential apartments, offering substantial square footage. Adjoining properties at 39 and 41 E State St are also for sale. Located in the heart of the up-and-coming downtown Trenton area, this property is close to all major amenities. Please schedule your appointments today.
Large commercial property with potential for residential conversion on the upper floors. The first floor features a spacious commercial area suitable for retail, a restaurant, or office space. The two additional floors are ready for renovations and can be converted into office spaces or residential apartments, offering substantial square footage. Adjoining properties at 39 and 43 E State St are also for sale. Located in the heart of the up-and-coming downtown Trenton area, this property is close to all major amenities. Please schedule your appointments today.
Large commercial property with potential for residential conversion on the upper floors. The first floor features a spacious commercial area suitable for retail, a restaurant, or office space. The two additional floors are ready for renovations and can be converted into office spaces or residential apartments, offering substantial square footage. Adjoining properties at 41 and 43 E State St are also for sale. Located in the heart of the up-and-coming downtown Trenton area, this property is close to all major amenities. Please schedule your appointments today.
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.
Calling all investors, in the Greater Trenton area. You do not want to miss this outstanding Business opportunity. If you and your client are looking for a big time CASH PRODUCER, search no Longer; here it is. Once fully occupied, this Income Producer generates over $7,500.00 per month, with market rents being as they are now. This is a MUST SEE; it has unlimited rental POTENTIAL and huge FINANCIAL benefits. Seller is presenting to the market a brick structure over 4,000( SF), situated on a corner lot. The property is in overall good condition, in need of Light cosmetic work. Featuring a 3 bedroom unit, a 2 bedroom unit, and two 1 bedroom units. In addition, there is an up and running decorated stylish totally renovated restaurant, with all newly kitchen appliances and materials, and there is another open space that is Idea for a Hair Salon, convenience store, or a barber shop. Since property is in very good condition, at this great market price, HURRY, come and see it, it might not last long, due to massive amount of CASH FLOW property will create, Monthly.
Five units fully occupied in a prime downtown location, merely a block from the stately Capital Building. An additional unit awaits your vision - convert to a 2 bedroom residence only needs an egress window or use as a bustling commercial space, as zoning allows. This convenient location means tenants are just a short stroll from the train station. The owner covers sewage and water, while tenants pay electric and heat separately. All leases have expired, opening the door to bringing rents up to current market rates. The layout showcases the property's versatility. Unit 1 is a cozy studio. Unit 2 offers 1 bedroom. Unit 3 is a 2 bedroom. Unit 4 provides 1 bedroom. Unit 5 gives you 1 bedroom. And Unit 6? That's up to you - maximize it as a 2 bedroom apartment or keep as a commercial unit. This turnkey investment comes ready to reimagine, reinvent and revitalize. Act now to make it yours!
115,000 sf strategic redevelopment opportunity Good highway exposure with over 275 feet along US Route 130 and gateway corridor location Many possible uses with all public utilities
First floor features an open front porch, multiple office spaces, half-bath, and waiting area. The second-floor features separate entry with 4 large bedrooms, 2 full baths, living room, eat-in kitchen and rear balcony. [currently rented for $1,480 w/garages] Full basement, & detached 2-car garage. First floor may be converted to living space, zoning supports use. Buyer is responsible for Certificate of Occupancy, all inspections, violations and repairs.
This renowned and iconic building is currently undergoing an extensive renovation, encompassing new fire escapes, refreshed exterior stucco, upgraded windows, and a brand-new roof. The project includes the transformation of five residential rental units, a street-accessible retail space, and a former restaurant. With construction now 90% complete, the building has also been equipped with eight electric meters. This offering includes lots 00002.01 and 00003.
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