$899,999

724 Division St Trenton, NJ 08611

Chambersburg Neighborhood

Estimated payment $5,660/month

Total Views 2,592
-- Bed
-- Bath
4,905 Sq Ft
$183 Price per Sq Ft

About This Home

Introducing 724 Division Street, a turnkey 6-unit commercial/multifamily property located in the heart of Trenton, NJ. This well-maintained investment opportunity offers a strong in-place rent roll, additional parking income, and minimal owner expenses — ideal for investors seeking reliable cash flow and long-term asset appreciation. Fantastic investment opportunity! Five units are 1 bed/1 bath, and the sixth unit is a 2 bed/1 bath. Parking lot currently rented for $750/month, bringing total gross monthly income to $8,796. Annual net income of $82,244 after expenses with a 9.1% cap rate!
!!!!!!Estimated Section 8 rents could generate $10,050/month, producing an annual net income of $106,292 after expenses and an impressive 11.19% cap rate! Excellent cash flow and strong upside potential!!!!!!! (CALL Andrei Gayed or David Beaty for more information and to schedule a tour & to see the Pro Forma made for this property)

Listing Agent

Andrei Gayed

andreigayed@gmail.com Century 21 Alliance-Moorestown License #2447352 Listed on: 10/29/2025

Co-Listing Agent

David Beaty

davidbeaty50@icloud.com Century 21 Alliance-Moorestown License #2443593

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,108

Year Built

  • Built in 1897

Home Design

  • 4,905 Sq Ft Home
  • Frame Construction

Parking

  • On-Street Parking
  • Parking Lot

Utilities

  • Radiator
  • Heating System Uses Oil
  • Oil Water Heater

Community Details

  • 4 Units
  • 3-Story Building

Listing and Financial Details

  • Assessor Parcel Number 11-19302-00025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,108

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1897
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Foundation Details: Other
  • Total Sq Ft: 4905
  • Living Area Sq Ft: 4905
  • Price Per Sq Ft: 183.49
  • Above Grade Finished Sq Ft: 4905
  • 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
  • Type Of Parking: On Street, Parking Lot

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Units: Square Feet
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

Tax Info

  • Tax Annual Amount: 11108.00
  • Assessor Parcel Number: 11-19302-00025
  • 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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Average Value
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List Price
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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
11/06/2025 11/06/25 Price Changed $899,999 -5.3% $183 / Sq Ft
10/29/2025 10/29/25 For Sale $950,000 -- $194 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: NJME2069098

Bright MLS
New Jersey Mercer County Trenton 08611 Chambersburg

724 Division St, Trenton, NJ

For Sale

MultiFamily

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Nearby Homes
Listing Agent
Andrei Gayed
Century 21 Alliance-Moorestown