Bought with Wycliffe Gordon • Keller Williams Real Estate - Princeton
$975,000
$1,159,000
15.9%For more information regarding the value of a property, please contact us for a free consultation.
3,206 Sqft Lot
SOLD DATE : 11/13/2025
Key Details
Sold Price $975,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NJME2040740
Sold Date 11/13/25
Year Built 1950
Annual Tax Amount $9,447
Tax Year 2024
Lot Size 3,206 Sqft
Acres 0.07
Lot Dimensions 12.60 x 58 42.20 x 58.60
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
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. - no restaurant equipment included. the building has also been equipped with eight electric meters. This offering includes lots 00002.01 and 00003. construction is 100% completed.
the 5 residential units have been newly leased. Call LA for details. this building generates income from 5 residential units, 2 retail/commercial units, 1bill billboard. Landlord is in the process of leasing out retail units unless new buyer wants to purchase vacant Estimated gross income is projected conservatively See offering memorandum NOI in documents. Landlord is in the process of leasing the retail/commercial unit (#1) $1500/mth. 2-3 yr. lease and in the process of leasing the (#2) commercial unit (10/yr. lease. unless new buyer wants them vacant.
Disclaimer: floor plans and dimension are estimated to be accurate to the best of our knowledge.
Location
State NJ
County Mercer
Area Trenton City (21111)
Zoning MIXED USE
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Utilities Available Electric Available, Natural Gas Available
Water Access N
Roof Type Flat,Rubber
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Trenton Public Schools
Others
Tax ID 11-00608-00003
Ownership Fee Simple
Special Listing Condition Standard
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