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    6-Unit Multifamily Building
    Updated: Oct 29, 2025
    6-Unit Multifamily Building

    724 DIVISION Street, Trenton, NJ 08611

    $890,000
    4,905 sqft
    724 Division Street in Trenton, NJ: turnkey 6‑unit commercial/multifamily property built in 1897
    Unit mix: five 1 bed/1 bath units plus one 2 bed/1 bath unit
    Parking lot is rented for $750/month, contributing to total gross monthly income of $8,796
    Reported annual net income of $82,244 after expenses with a 9.1% cap rate
    Estimated Section 8 rents: $10,050/month, for reported annual net income of $106,292 after expenses and an 11.19% cap rate
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    This listing looks promising.

    Here's a quick look at some key insights for

    724 DIVISION Street, TRENTON, NJ 08611

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    • Est. Cap Rate

      8.4%
      Above avg (5.9%)

    • Est. NOI

      $75K
      Annual

    • Mortgage

      $525K
      Oct 2022

    • Last Sold

      Jan 2022
      $220K

    • Property Type

      Commercial (General)
      Built 1897
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    Five-Unit Multifamily Asset
    Updated: Apr 23
    Five-Unit Multifamily Asset

    1114 STUYVESANT Avenue, Trenton, NJ 08618

    $550,000
    2,669 sqft 0.13 AC lot
    Five‑unit multi‑family building built in 1950 with frame construction and Colonial architectural style
    Parking includes a private driveway plus on‑site garages and additional parking
    Expansive, tall‑ceiling basement for storage, mechanical access, or potential future conversion
    Located directly across from historic Cadwalader Park (100‑acre park) with nearby scenic trails and green space
    Convenient access near Trenton Transit Center with service to NJ Transit and Amtrak, plus Routes 1, 29, and I‑295
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    Mixed-Use Apartment and Retail
    Mixed-Use Apartment and Retail

    1200-1208 Hamilton Avenue, Trenton, NJ 08629

    $2,599,000
    0.50 AC lot

    Multi-building site offering 15 residential units, two commercial storefronts, and a large parking lot on 0.5 acres.

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    Multi-Building Mixed-Use Site
    Multi-Building Mixed-Use Site

    1200-1208 Hamilton Avenue, Trenton, NJ 08629

    $2,599,000
    11,831 sqft

    Multi-building site with 15 residential units, two storefronts, and a large parking lot.

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    Multifamily Property with Tax Abatement
    Multifamily Property with Tax Abatement

    609 Brunswick Ave, Trenton, NJ 08638

    $699,000
    4,600 sqft

    Income-generating multifamily property with transferable tax abatement until 2026.

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    Versatile Brick Building with Income
    Versatile Brick Building with Income

    984 S Broad St, Trenton, NJ 08611

    $399,000
    3,000 sqft 0.06 AC lot

    Spacious commercial and residential property with income potential.

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    First Floor Condo in Hightstown
    First Floor Condo in Hightstown

    1 HUBER CT, Hightstown, NJ 08520

    $295,000
    1,120 sqft

    Two-bedroom, two-bathroom condo with updated kitchen, close to transportation.

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    East Windsor Co-op Opportunity
    East Windsor Co-op Opportunity

    103E THE ORCHARD, EAST, Windsor, NJ 08512

    $140,000
    800 sqft

    First-floor, one-bedroom co-op in a convenient East Windsor location.

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    Well-Maintained Multifamily in Pennington Borough
    Well-Maintained Multifamily in Pennington Borough

    17 --19 W Delaware Ave, Pennington, NJ 08534

    $1,175,000

    Five-unit multifamily property with upside potential in desirable Pennington Borough.

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    Mixed-Use Building with Apartment
    Mixed-Use Building with Apartment

    3048 S Broad St, Trenton, NJ

    $975,000
    13,500 sqft 0.50 AC lot

    13,500 SF building with retail, warehouse, and apartment.

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    Updated Multifamily Property in Trenton
    Updated Multifamily Property in Trenton

    12 Parkside Ave, Trenton, NJ 08618

    $740,000
    0.29 AC lot

    Updated 6-unit multifamily property in Trenton's historic area.

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    5-Unit Multifamily Property with Solar
    5-Unit Multifamily Property with Solar

    17-19 W Delaware Avenue, Pennington, NJ 08534

    $1,175,000

    Well-maintained 5-unit downtown building with updated roof, electrical, solar, and renovated kitchens.

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    Ravenscroft Condo with Dual Patios
    Ravenscroft Condo with Dual Patios

    Trenton, NJ 08690

    $285,000

    Well-maintained 2-bedroom condo in desirable Ravenscroft community near Veterans Park.

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    Mixed-Use Property in Downtown Trenton
    Mixed-Use Property in Downtown Trenton

    157 N Broad St, Trenton, NJ 08608

    $499,900

    Commercial storefront with four apartments in downtown Trenton.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 14 Active listings in Mercer County, NJ, we suggest exploring several alternatives: similar 58 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Detached Two-Family Residence
    Detached Two-Family Residence

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    0.10 AC lot

    Detached two-family home with two 3-bedroom apartments and a semi-finished basement featuring a separate entrance.

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    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

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    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

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    Off-Market Properties in Mercer County, NJ

    Consider similar Off-Market properties in Mercer County, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    6 Clarendon Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    6 Clarendon Ave, Hamilton, NJ 08620-1200

    Value Estimation by Request
    2,902 sqft 0.23 AC lot
    View details
    32 Wiggins St
    APARTMENT HOUSE (UNDER 5 UNITS)

    32 Wiggins St, Princeton, NJ 08540-6944

    $715,000
    Estimated value
    3,871 sqft 0.24 AC lot
    View details
    900 Wessex Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    900 Wessex Dr, Princeton, NJ 08540-6377

    Value Estimation by Request
    62.22 AC lot
    View details
    1790 Greenwood Ave, Unit 92
    APARTMENT HOUSE (UNDER 5 UNITS)

    1790 Greenwood Ave, Hamilton, NJ 08609-2323

    Unit 92
    Value Estimation by Request
    3,692 sqft 0.09 AC lot
    View details
    784 Riv Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    784 Riv Rd, Trenton, NJ 08628

    $710,000
    Estimated value
    27.81 AC lot
    View details
    36 Moore St, Unit 13
    APARTMENT HOUSE (UNDER 5 UNITS)

    36 Moore St, Princeton, NJ 08542-6900

    Unit 13
    Value Estimation by Request
    722 sqft 0.51 AC lot
    View details
    45 Carlton Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    45 Carlton Ave, Ewing, NJ 08618-1418

    $730,000
    Estimated value
    3,874 sqft 2.28 AC lot
    View details
    694 Rutherford Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    694 Rutherford Ave, Trenton, NJ 08618-4460

    Value Estimation by Request
    6,668 sqft 0.23 AC lot
    View details
    686 Rutherford Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    686 Rutherford Ave, Trenton, NJ 08618-4459

    $620,000
    Estimated value
    9,474 sqft 0.21 AC lot
    View details
    127 Academy St
    APARTMENT HOUSE (UNDER 5 UNITS)

    127 Academy St, Trenton, NJ 08608-1314

    $725,000
    Estimated value
    29,948 sqft 0.18 AC lot
    View details

    Mercer County, NJ Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Mercer County, NJ, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 42,425 square feet of properties for sale, with an estimated market value of $6,547,000.

    Sale prices for two-family homes in Mercer County, NJ start at $140,000, averaging $818,375, and reaching up to $2,599,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Featured Mercer County Real Estate Agencies

    Realmo connects you with licensed Mercer County CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Fennelly Associates, Inc
    Trenton, NJ 08619
    www.fennelly.com
    Segal LaBate Commercial Real Estate
    Trenton, NJ 08611
    www.segal-labate.com
    KW Commercial/ Richardson Commercial Group
    Trenton, NJ 08619
    www.richardsoncommercial.com

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