Seller's Agent in 2025
Ms. Marsha Gordon
Keller Williams Real Estate - Princeton
(973) 477-7186
1 in this area
12 Total Sales
314 W State St Trenton, NJ 08618
Downtown Trenton Neighborhood
--
Bed
--
Bath
3,132
Sq Ft
2,375
Sq Ft Lot
Highlights
- Backs to Trees or Woods
- Historic Home
- Radiator
- No HOA
About This Home
As of August 2025RENOVATED TRIPLEX IN TRENTON'S HISTORIC DISTRICT: Opportunity awaits with this well-maintained, fully occupied three-family property located in Trenton’s sought-after Historic District. This renovated building is nestled between a professional architectural firm and a doctor’s office, offering both charm and strategic placement. The building’s front exterior has been updated with durable and attractive Hardie Board siding for easy maintenance.
Each unit features its own private balcony, enhancing the appeal for residents. The layout includes two 2-bedroom units and one 3-bedroom unit. Tenants are separately metered and responsible for their own electricity and gas. The owner currently covers water and common area utilities. All three units are tenant occupied, providing immediate rental income for investors or a potential live-in owner.
The location offers unbeatable accessibility—just one minute from major highways (Route 29, I-95, and I-295), and close to the Trenton Transit Center with direct routes to Philadelphia and New York City. The property is within walking distance to downtown Trenton, municipal offices, the State Capitol, Thomas Edison State University, the New Jersey State Museum, and the planetarium. It also sits directly across from the historic Thomas Edison mansion.
This is a rare chance to own a piece of Trenton history with steady income and strong future potential. The property is being sold as-is. The buyer will be responsible for obtaining the Certificate of Occupancy and resolving any open violations or municipal requirements, if applicable.
Don’t miss this excellent rental investment in a high-demand location!
Last Agent to Sell the Property
(973) 477-7186 marshagordon@kw.com Keller Williams Real Estate - Princeton License #1648710 Listed on: 05/25/2025
Last Buyer's Agent
(301) 806-8871 carolstrasfeld@gmail.com Unrepresented Buyer Office
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,914
Year Built
- Built in 1887
Lot Details
- 2,375 Sq Ft Lot
- Lot Dimensions are 25.00 x 95.00
- Backs to Trees or Woods
- Historic Home
Parking
- On-Street Parking
Home Design
- Triplex
- Frame Construction
- Concrete Perimeter Foundation
Interior Spaces
- 3,132 Sq Ft Home
- Basement
- Dirt Floor
Utilities
- Cooling System Utilizes Natural Gas
- Window Unit Cooling System
- Radiator
- Heating System Uses Oil
- Natural Gas Water Heater
Listing and Financial Details
- No Smoking Allowed
- Tax Lot 00009
- Assessor Parcel Number 11-02304-00009
Community Details
Overview
- No Home Owners Association
- 3 Units
Pet Policy
- No Pets Allowed
Building Details
- Net Operating Income $29,067
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 25, 2025
Closed on
Aug 25, 2025
Sold by
Excellence Through Empowerment Llc
Bought by
Augustin Nadia Angie
Seller's Agent
Ms. Marsha Gordon
Keller Williams Real Estate - Princeton
Buyer's Agent
Carol Strasfeld
Unrepresented Buyer Office
List Price
$450,000
Sold Price
$475,000
Premium/Discount to List
$25,000
5.56%
Views
31
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,344
Avg. Annual Appreciation
-16.59%
Original Mortgage
$451,250
Outstanding Balance
$450,452
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$204
Purchase Details
Closed on
Dec 29, 2020
Sold by
Peavey Hussan and Despinos Natasha
Bought by
Excellence Through Empowerment Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 8, 2020
Sold by
Manning Charles E
Bought by
Peavey Masan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 3, 2001
Sold by
314 West State Street Partners
Bought by
Manning Charles
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,850
Interest Rate
7.1%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $475,000 | Doma Title Insurance Inc | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Listed On Document | |
| Deed | $200,000 | Title Agency | |
| Deed | $103,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $451,250 | New Conventional | |
| Previous Owner | $150,000 | New Conventional | |
| Previous Owner | $97,850 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/29/2025 08/29/25 | Sold | $475,000 | +5.6% | $152 / Sq Ft | |
| 07/02/2025 07/02/25 | Pending | -- | -- | -- | |
| 05/25/2025 05/25/25 | For Sale | $450,000 | +125.0% | $144 / Sq Ft | |
| 10/05/2020 10/05/20 | Sold | $200,000 | -4.3% | $64 / Sq Ft | View Prior Sale |
| 07/08/2020 07/08/20 | Pending | -- | -- | -- | |
| 05/18/2020 05/18/20 | For Sale | $209,000 | -- | $67 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $6,915 | $119,200 | $5,600 | $113,600 |
| 2024 | $6,636 | $119,200 | $5,600 | $113,600 |
| 2023 | $6,636 | $119,200 | $5,600 | $113,600 |
| 2022 | $6,506 | $119,200 | $5,600 | $113,600 |
| 2021 | $6,619 | $119,200 | $5,600 | $113,600 |
| 2020 | $6,598 | $119,200 | $5,600 | $113,600 |
| 2019 | $6,492 | $119,200 | $5,600 | $113,600 |
| 2018 | $6,214 | $119,200 | $5,600 | $113,600 |
| 2017 | $5,906 | $119,200 | $5,600 | $113,600 |
| 2016 | $5,977 | $103,900 | $17,500 | $86,400 |
| 2015 | $5,957 | $103,900 | $17,500 | $86,400 |
| 2014 | $5,929 | $103,900 | $17,500 | $86,400 |
Source: Public Records
Agents Affiliated with this Home
-
Ms. Marsha Gordon
-
Carol Strasfeld
Buyer's Agent in 2025
Carol Strasfeld
Unrepresented Buyer Office
(301) 806-8871
2 in this area
8,648 Total Sales
-
Yolanda Gulley
Seller's Agent in 2020
Yolanda Gulley
RE/MAX
(609) 496-1727
3 in this area
166 Total Sales
Map
Source: Bright MLS
MLS Number: NJME2059594
APN: 11-02304-0000-00009
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.
Nearby Homes
- 210 W State St
- 94 Passaic St
- 399 W State St
- 292 Spring St
- 186 W Hanover St
- 213-AFT Bellevue Ave
- 25 Richey Place
- 302 Bellevue Ave
- 310 Bellevue Ave
- 31 Bellevue Ave
- 27 Marion St
- 44-46- Aft Marion St
- 44 -46-AFT Marion St
- 152 Prospect St
- 474 Riverside Ave
- 476 Riverside Ave
- 478 Riverside Ave
- 27 Atterbury Ave
- 480 Riverside Ave
- 15 W Front St