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1237 E State Street Trenton, NJ $ 375,000
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$ 375,000 Get more info
1237 E State Street
$ 375,000
Back to search
Share Save

1237 E State Street

Trenton, NJ, 08609
$ 375,000
Bedrooms3 Baths0.0

Monthly Estimate*

$ 2,492

1237 E State Street, Trenton, NJ 08609 - Image 1
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1237 E State Street, Trenton, NJ 08609 - Image 8
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1237 E State Street, Trenton, NJ 08609 - Image 12
1237 E State Street, Trenton, NJ 08609 - Image 13
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1237 E State Street, Trenton, NJ 08609 - Image 17
1237 E State Street, Trenton, NJ 08609 - Image 18
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1237 E State Street, Trenton, NJ 08609 - Image 20
1237 E State Street, Trenton, NJ 08609 - Image 21
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1237 E State Street, Trenton, NJ 08609 - Image 23
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Multi-Family Home for sale in Trenton, NJ

for $375,000 with 3 bedrooms. This home was built in 1950 on a lot size of 0.05.

INVESTORS: This four-unit, mixed residential / commercial building has a cap-rate of 8.46%, bringing in a gross rent of $3,850 a month. The downstairs is a large commercial space, currently being used as a church ($1200 a month). Upstairs are three apartments, currently one rented as section 8 bringing in $900 for apt #2 (they have applied to bring rent up to $950), apt #1 for $950 and $800 for apt #3.

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Multi-Family Pending

Price

$ 375,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 7,750

Style

Colonial

Lot Size

0.05

Year Built

1950

Town/City

Trenton

County/Region

Mercer

MLS | Web ID

NJME2038328
Features
Interior
Heating Fuel None
Hot Water Natural Gas
Heating Y/N Y
Street Suffix STREET
Central Air Y/N N
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General
Sewer Public Sewer
Heating Radiator
Cooling Wall Unit
Possession Immediate
Zoning INSTI
Pool Y/N No Pool
Architectural Style Colonial
Construction Materials Brick
Year Built 1950
Property SubType Quadruplex
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel None
Municipality TRENTON CITY
Gross Income 46200.00
Accessibility Other
County MERCER
Net Operating Income 14458.00
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade
Status PENDING
Directions Use GPS.
City TRENTON
Buyer Agent Compensation 2
Total Units 4
MLS Area Trenton City (21111)
Lot Size Square Feet 2038.00
Waterfront Y/N N
Number of Units Leased 4
Street Name STATE
Tax Annual Amount 7750.0
Two Bedroom 0
Structure Type End of Row/Townhouse
Price Per Sq Ft 184.0
Acceptable Financing Conventional
Rent Control Y/N N
Vacation Rental Y/N N
Days on Market 45
Location Type Corner Lot/Unit
Lease Type Yearly
Standard Status Pending
Year Built Source Estimated
Tax Lot 00004
Total Actual Rent 46200.00
Cap Rate 8.46
Buyer Agent Compensation Type % Of Gross
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Exterior
Parking Features Public
Water Source Public
Type of Parking On Street
Foundation Details Concrete Perimeter
Water View Y/N N
Lot Size Acres 0.05
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 32100.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1237
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* Excluded Features
List By
Bhhs Fox & Roach - Princeton

Broker

tim@sellingnj.com

Email

Affordability Calculator

$3,138
Per Month
79%
21%
0%
Monthly Principal & Interest
$2,492
Monthly Property Taxes
$646
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3535812 Elementary School
3533992 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/8/2024$375,000 Listed Price

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1237 E State Street, Trenton, NJ, 08609 is a Multi-Family Home for sale at $375,000 with a lot size of 0.05. 1237 E State Street has 3 bedrooms, 0.0 baths, and was built in 1950. The property's zip code is 08609 which is in Trenton, NJ

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