107 E State St Trenton, NJ 08608
Mill Hill NeighborhoodEstimated payment $2,425/month
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,550
Year Built
- Built in 1950
Lot Details
- 1,818 Sq Ft Lot
- Lot Dimensions are 18.00 x 101.00
Home Design
- 4,223 Sq Ft Home
- Triplex
- AirLite
- Brick Exterior Construction
- Brick Foundation
Utilities
- Hot Water Heating System
- Electric Water Heater
Community Details
- 3 Units
Listing and Financial Details
- Tax Lot 00011
- Assessor Parcel Number 11-00201-00011
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,022 | $160,000 | $50,200 | $109,800 |
| 2024 | $10,577 | $190,000 | $50,200 | $139,800 |
| 2023 | $10,577 | $190,000 | $50,200 | $139,800 |
| 2022 | $10,370 | $190,000 | $50,200 | $139,800 |
| 2021 | $10,551 | $190,000 | $50,200 | $139,800 |
| 2020 | $10,517 | $190,000 | $50,200 | $139,800 |
| 2019 | $13,484 | $247,600 | $50,200 | $197,400 |
| 2018 | $12,907 | $247,600 | $50,200 | $197,400 |
| 2017 | $12,269 | $247,600 | $50,200 | $197,400 |
| 2016 | $8,273 | $143,800 | $68,200 | $75,600 |
| 2015 | $8,244 | $143,800 | $68,200 | $75,600 |
| 2014 | $10,065 | $176,400 | $68,200 | $108,200 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/28/2025 08/28/25 | For Sale | $290,000 | +65.7% | $69 / Sq Ft |
| 04/06/2023 04/06/23 | Sold | $175,000 | -12.5% | $41 / Sq Ft |
| 11/22/2022 11/22/22 | Price Changed | $200,000 | -13.0% | $47 / Sq Ft |
| 06/02/2022 06/02/22 | Price Changed | $230,000 | -8.0% | $54 / Sq Ft |
| 04/10/2022 04/10/22 | Price Changed | $250,000 | -9.1% | $59 / Sq Ft |
| 12/24/2021 12/24/21 | Price Changed | $275,000 | -8.3% | $65 / Sq Ft |
| 10/17/2021 10/17/21 | Price Changed | $300,000 | -14.3% | $71 / Sq Ft |
| 07/11/2021 07/11/21 | For Sale | $350,000 | -- | $83 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $175,000 | Monarch Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $29,000 | New Conventional |
Source: Bright MLS
MLS Number: NJME2064768
APN: 11-00201-0000-00011
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