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    152 Prospect St Trenton, NJ 08618

    For Sale
    $499,900

    MULTI_FAMILY - Other - TRENTON, NJ

    Property size:
    4,436 SF
    Days on Market:
    94
    Last Refresh:
    Dec 6 at 5:06 pm

    Property Features for 152 Prospect St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    Parking features
    On Street
    Size
    4,436 SF

    Utilities

    Heating system
    Forced Air
    Cooling system
    Window Unit(s), Attic Fan

    Building Details

    Year built
    1950
    Number of units
    4
    Building materials
    Brick, Vinyl Siding
    Architectural style
    Other

    eXp Realty, LLC (866) 201-6210 [email protected]

    Listing agent Carleton M Badger (609) 421-2121 License #8541177

    Listing date Sep 4, 2025

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Investment Opportunity in Trenton

    Located in Trenton, NJ, 152 Prospect Street is a three-story mixed-use brick building constructed in 1950. The property, with a size of 4436 square feet, features six units: one storefront formerly used as a restaurant/takeout, one office unit, and four residential apartments. The apartments include two one-bedroom units, one two-bedroom unit, and one three-bedroom unit. Currently, two of the six units are occupied. One one-bedroom apartment is rented at $850 per month on a month-to-month lease, and the three-bedroom apartment is leased for $1,250 per month on a two-year lease. This property is suited for an owner-user or investor aiming to add value and increase cash flow. The vacant units offer the opportunity to set market rents and customize the tenant mix.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Breakfast Nook Cafe ... Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Trenton
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.77468109
    Latitude
    40.22953033

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use 6-unit brick building with income potential in Trenton, NJ.
    Where is this mixed-use property located?
    The property is located at 152 Prospect St Trenton, NJ.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: - Mixed-use building with six units, featuring a storefront, office space, and four apartments, providing diverse income opportunities.; - Immediate income from two occupied units.; - Value-add opportunity to customize tenant mix and set market rents in vacant units.
    (609) 421-2121
    Request Owner's contact information
    152 Prospect St Trenton, NJ 08618
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    Trenton, NJ 08618
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    152 Prospect St Trenton, NJ 08618
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