503 N Hermitage Ave Trenton, NJ 08618
Prospect NeighborhoodEstimated payment $1,641/month
Total Views
218
--
Bed
--
Bath
1,628
Sq Ft
1,769
Sq Ft Lot
About This Home
Discover the potential of this solid brick multi-family property located in Trenton’s Stuyvesant-Prospect neighborhood offering approximately 1,628 sq ft of living space, this home is set up as two separate units—ideal for generating rental income or owner-occupancy with supplemental rent.
Unit 1 (First Floor) features: enclosed front porch, 1 bedroom, living room, dining room, full kitchen, bathroom and private entrance.
Unit 2 (Second & Third Floors) features: 4 bedrooms across two levels (one currently set up as a laundry room), full kitchen, bathroom, living room, ample storage space and private entrance.
With strong rental demand in the area and two rentable units, this property offers excellent income potential. Live in one unit and rent the other, or lease both for maximum cash flow. Whether you’re a first-time investor or adding to your portfolio, 503 N Hermitage Ave is a smart choice. Property being sold strictly as is. Buyer is responsible for all city inspections, permits, certifications etc.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,335
Year Built
- Built in 1916
Lot Details
- 1,769 Sq Ft Lot
- Lot Dimensions are 17.70 x 100.00
Parking
- On-Street Parking
Home Design
- 1,628 Sq Ft Home
- Duplex
- Colonial Architecture
- Brick Exterior Construction
- Concrete Perimeter Foundation
Utilities
- Radiator
- Heating System Uses Oil
- Natural Gas Water Heater
Community Details
- 1 Vacant Unit
Listing and Financial Details
- Coming Soon on 8/29/25
- Tax Lot 00032
- Assessor Parcel Number 11-05801-00032
Map
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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 |
|---|---|---|---|---|
| 2024 | $3,201 | $57,500 | $7,200 | $50,300 |
| 2023 | $3,201 | $57,500 | $7,200 | $50,300 |
| 2022 | $3,138 | $57,500 | $7,200 | $50,300 |
| 2021 | $3,193 | $57,500 | $7,200 | $50,300 |
| 2020 | $3,183 | $57,500 | $7,200 | $50,300 |
| 2019 | $3,131 | $57,500 | $7,200 | $50,300 |
| 2018 | $2,997 | $57,500 | $7,200 | $50,300 |
| 2017 | $2,849 | $57,500 | $7,200 | $50,300 |
| 2016 | $3,187 | $55,400 | $8,000 | $47,400 |
| 2015 | $3,176 | $55,400 | $8,000 | $47,400 |
| 2014 | $3,161 | $55,400 | $8,000 | $47,400 |
Source: Public Records
Similar Homes in the area
Source: Bright MLS
MLS Number: NJME2064198
APN: 11-05801-0000-00032
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