1116 W State Street, Trenton, NJ 08618
- $440,000
- 2,278
- SqFt
- Sold Price
- $440,000
- List Price
- $475,000
- Closing Date
- Oct 31, 2025
- Days on Market
- 23
- Status
- CLOSED
- MLS#
- NJME2064034
- Living Area
- 2,278
- Lot Size (Acres)
- 0.09
- Style
- Colonial
- Year Built
- 1912
- County
- Mercer
- School District
- Trenton Public Schools
Property Description
Immediate investment opportunity for a highly-profitable, income producing, multi-family residential property in the historic capital city of Trenton. This three-apartment home is conveniently located close to an exit off of Route 29, shopping plazas, and the Delaware River. Tenants enjoy access to beautiful parks and tennis courts within a 5-minute walk, along with a common back yard. Each apartment conveniently has separate meters for utilities, and tenants have been responsible to pay their own heating, gas and electric utility bills. The ground-floor apartment has two bedrooms, each with an individual full bathroom, along with a Living room and dine-in kitchen. The second floor apartment offers two-bedrooms, each with an individual full bathroom, in addition to living room and dine-in kitchen. On the top floor is the third apartment, featuring one bedroom, one bathroom, and a dine-in kitchen area. The conservative rent potential for this multi-family property is $4,600 a month ($1,705for first-floor and $1,700 second-floor unit, and probable $1200 for the top-floor which is empty. Due to local housing needs and recent economic events, higher rents may be possible.
Additional Information
- Area
- Trenton City (21111)
- Subdivision
- Cadwalader Heights
- Taxes
- $8016
- Stories
- 3
- Interior Features
- Built-Ins, Crown Moldings, Kitchen - Eat-In, Bathroom - Tub Shower, Combination Kitchen/Dining, Wood Floors
- School District
- Trenton Public Schools
- Flooring
- Hardwood
- Heating
- Baseboard - Hot Water
- Heating Fuel
- Natural Gas
- Cooling
- Wall Unit
- Water
- Public
- Sewer
- Public Sewer
- Basement
- Yes
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Listing courtesy of Keller Williams Premier. Contact:
Selling Office: .