$725,000
PENDING

Estimated payment $5,157/month

Total Views 7,680
-- Bed
-- Bath
5,900 Sq Ft
$123 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Property is in very good condition
  • 5-minute walk to Mill Hill Park
  • Forced Air Heating and Cooling System

About This Home

Fully Renovated Mixed-Use Gem in Trenton's Premier Mill Hill Neighborhood!
Exceptional income-producing property featuring a leased commercial retail space plus three beautifully updated residential units — two 2BR/1BA apartments and one 1BR/1BA unit. All units have been fully renovated with modern finishes. All 3 residential units are currently rented as well as the commercial space.
Located in Trenton’s most desirable and historic neighborhood, Mill Hill, known for its charm, walkability, and proximity to downtown, transit, and the CURE Arena. Solid 5.3% cap rate makes this a turn-key investment with steady returns and long-term growth potential.

Listing Agent

Ben Kaplan

(215) 226-3688 bkpropertiesnj@gmail.com EXP Realty, LLC License #2081135 Listed on: 07/03/2025

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,242

Year Built

  • Built in 1950

Lot Details

  • 1,999 Sq Ft Lot
  • Lot Dimensions are 20.00 x 100.00
  • Property is in very good condition

Home Design

  • 5,900 Sq Ft Home
  • Triplex
  • Traditional Architecture
  • Frame Construction

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00009
  • Assessor Parcel Number 11-09803-00009

Community Details

Overview

  • 4 Units

Building Details

  • Income includes apartment rentals, shop rentals
  • Net Operating Income $40,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,242

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Total Sq Ft: 5900
  • Living Area Sq Ft: 5900
  • Price Per Sq Ft: 122.88
  • Above Grade Finished Sq Ft: 5900
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 20.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1999.00
  • Property Condition: Very Good
  • Zoning: HIST

Rental Info

  • Existing Lease Type: Long Term, Yearly, Double Net
  • Units Leased Count: 4
  • Vacation Rental: No

Multi Family

  • Income Includes: Apartment Rentals, Shop Rentals
  • Other Units: Unit 1,Unit 2,Unit 3,Unit 10

Tax Info

  • Tax Annual Amount: 16242.00
  • Assessor Parcel Number: 11-09803-00009
  • Tax Lot: 00009
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: TRENTON PUBLIC SCHOOLS

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $2,268 $39,100 $25,100 $14,000
2024 $2,177 $39,100 $25,100 $14,000
2023 $2,177 $39,100 $25,100 $14,000
2022 $2,134 $39,100 $25,100 $14,000
2021 $2,171 $39,100 $25,100 $14,000
2020 $2,164 $39,100 $25,100 $14,000
2019 $2,129 $39,100 $25,100 $14,000
2018 $2,038 $39,100 $25,100 $14,000
2017 $1,937 $39,100 $25,100 $14,000
2016 $909 $15,800 $9,700 $6,100
2015 $906 $15,800 $9,700 $6,100
2014 $902 $15,800 $9,700 $6,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2025 08/27/25 Pending -- -- --
07/03/2025 07/03/25 For Sale $725,000 -- $123 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- Sterling Title Agency
Deed $42,500 Sterling Title Agency
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $474,400 Commercial
Previous Owner $50,000 Commercial
Source: Public Records

Source: Bright MLS

MLS Number: NJME2061690

Bright MLS

APN: 11-09803-0000-00030