$250,000

512 Mrtn King Jr Trenton, NJ 08618

Estimated payment $1,799/month

Total Views 15,813
-- Bed
-- Bath
3,144 Sq Ft
$80 Price per Sq Ft

About This Home

Investment Opportunity - 3 Unit Multi-Family | Trenton, NJ Unlock steady cash flow potential with this well-positioned 3-unit multi-family property located on Martin Luther King Jr, Blvd in the heart of Trenton. What makes this multi-family building unique is the 12'ft ceilings, which makes the property a gem in the heart of Trenton. This property also features: - Unit 1: 3 bedrooms / 1 bath - Unit 2: 2 bedrooms / 1 Bath - Unit 3: 1 bedroom / 1 Bath Each unit offers spacious layouts separate utilities, and strong rental demand in a high-traffic area. With proximity to public transportation, schools, shopping, and downtown. Trenton, this location ensures consistent tenant interest year-round. Key Highlights: - Solid rental income potential - Strong tenant base in the area - Convenient access to Route 1, I-295, and NJ Transit - Opportunity for value-add upgrades to increase ROI This property is being sold As-Is, where-is. Buyer responsible for obtaining all city/township required certifications and C/O. Whether you're looking to expand your portfolio or start generating passive income, this property is a turnkey investment with upside potential.

Listing Agent

Jerome Beckworth

(609) 933-5024 jbeckworth1@aol.com NJ Capital Realty LLC License #8745170 Listed on: 08/12/2025

Co-Listing Agent

James Graham

(856) 639-6885 james@quatraestates.com NJ Capital Realty LLC License #1972794

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,777

Year Built

  • Built in 1871

Lot Details

  • 5,197 Sq Ft Lot
  • Lot Dimensions are 54.70 x 95.00

Parking

  • Alley Access

Home Design

  • 3,144 Sq Ft Home
  • Triplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Accessible Home Design

  • More Than Two Accessible Exits

Listing and Financial Details

  • Tax Lot 00033
  • Assessor Parcel Number 11-08404-00033

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,777

Year Built

Built in 1871

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1871
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Total Sq Ft: 3144
  • Living Area Sq Ft: 3144
  • Price Per Sq Ft: 79.52
  • Above Grade Finished Sq Ft: 3144
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Alley

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.12
  • Lot Dimensions: 54.70 x 95.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5197.00
  • Zoning: MULTI-FAMILY

Rental Info

  • Existing Lease Type: None
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5777.00
  • Assessor Parcel Number: 11-08404-00033
  • Tax Lot: 00033
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: TRENTON PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2025 08/12/25 For Sale $250,000 -- $80 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: NJME2064048

Bright MLS