1308 S Broad St Trenton, NJ 08610
Franklin Park NeighborhoodEstimated payment $5,753/month
Highlights
- Colonial Architecture
- More Than Two Accessible Exits
- 4-minute walk to Franklin Park
- No HOA
- Radiator
About This Home
Prime mixed-use development opportunity at 1304-1308 S Broad St in Trenton, NJ. Currently configured as a four-unit rental property, this asset is being offered with full approvals and site plans to redevelop the building into a six-unit mixed-use project, creating significant value for any investor or developer. The approved plans include two ground-floor retail storefronts ideal for a variety of commercial tenants, along with four newly designed two-bedroom residential apartments on the upper levels. The expanded layout is optimized for modern tenant demand and long-term rental stability. Located on the well-trafficked South Broad Street corridor, the property offers excellent visibility, convenient access to major highways and public transit, and close proximity to local amenities. With approvals already in place, buyers can move directly into construction and expedite their return on investment. This is an exceptional opportunity for anyone looking to create long-term cash flow or bring a value-add redevelopment project to life in a rapidly improving area.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,956
Year Built
- Built in 1920
Lot Details
- 1,462 Sq Ft Lot
- Lot Dimensions are 12.50 x 117.00
Home Design
- Semi-Detached or Twin Home
- Colonial Architecture
- Brick Exterior Construction
- Brick Foundation
Interior Spaces
- 1,090 Sq Ft Home
- Property has 2.5 Levels
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Parking
- Driveway
- Off-Street Parking
Accessible Home Design
- More Than Two Accessible Exits
Utilities
- Window Unit Cooling System
- Radiator
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 00006
- Assessor Parcel Number 11-20415-00006
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 | $3,098 | $53,400 | $16,700 | $36,700 |
| 2024 | $2,973 | $53,400 | $16,700 | $36,700 |
| 2023 | $2,973 | $53,400 | $16,700 | $36,700 |
| 2022 | $2,915 | $53,400 | $16,700 | $36,700 |
| 2021 | $2,965 | $53,400 | $16,700 | $36,700 |
| 2020 | $2,956 | $53,400 | $16,700 | $36,700 |
| 2019 | $2,908 | $53,400 | $16,700 | $36,700 |
| 2018 | $2,784 | $53,400 | $16,700 | $36,700 |
| 2017 | $2,646 | $53,400 | $16,700 | $36,700 |
| 2016 | $4,119 | $71,600 | $16,300 | $55,300 |
| 2015 | $4,105 | $71,600 | $16,300 | $55,300 |
| 2014 | $4,086 | $71,600 | $16,300 | $55,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/03/2025 12/03/25 | For Sale | $1,050,000 | +740.0% | $963 / Sq Ft | |
| 03/28/2022 03/28/22 | Sold | $125,000 | 0.0% | $115 / Sq Ft | View Prior Sale |
| 01/19/2022 01/19/22 | For Sale | $125,000 | +25.0% | $115 / Sq Ft | |
| 09/28/2021 09/28/21 | Sold | $100,000 | -9.1% | $92 / Sq Ft | View Prior Sale |
| 06/30/2021 06/30/21 | Pending | -- | -- | -- | |
| 06/30/2021 06/30/21 | For Sale | $110,000 | -- | $101 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $125,000 | New Title Company Name | |
| Deed | $100,000 | Monarch Title Agency Inc | |
| Deed | -- | -- |
Source: Bright MLS
MLS Number: NJME2070528
APN: 11-20415-0000-00006
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