Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    62 Hayes Ave Trenton, NJ 08618

    Sponsored
    For Sale
    Contact for pricing

    LAND - TRENTON, NJ

    Days on Market:
    75
    Last Refresh:
    Feb 2 at 4:06 pm

    Property Features for 62 Hayes Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active

    We can help!

    Listing Contact
    Scott Adrian Rice

    Harkes Realty & Associates (609) 575-4970

    Listing agent Scott Adrian Rice (609) 337-4200 License #2183448

    Listing date Nov 20, 2025

    MLS# NJME2064208 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Land in Trenton, New Jersey

    This property is a land parcel located in Trenton, New Jersey. It must be purchased as a package deal with 58 Hayes Ave and 60 Hayes Ave.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Trenton
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.77733612
    Latitude
    40.23405075

    Nearby Similar for Sale

    • $750,000
      4,762 SF

      Updated Multifamily Property in Trenton

      Updated 6-unit multifamily property in Trenton's historic area.
      12 Parkside Ave, Trenton, NJ 08618
      View Details
    • $198,888
      2,364 SF

      Colonial Multifamily Property in Trenton

      Multifamily property with renovation or redevelopment potential in Trenton, NJ.
      1158 E State St, Trenton, NJ 08609
      View Details
    • $1,100,000
      4,552 SF

      Industrial-Modern Building with Racing Track

      Striking building with high-end finishes, suitable for retail or office.
      2595 Yardville Hamilton Squ Rd, Hamilton, NJ 08690
      View Details
    • New
      $300,000
      1,752 SF

      Spacious Trenton Multi-Family Duplex

      Versatile duplex in Trenton with flexible living options.
      489 W Hanover St, Trenton, NJ 08618
      View Details
    • $1,499,000
      2,646 SF

      Established Tavern with Renovated Apartment

      Bar, restaurant, building, and liquor license included in sale.
      1600 Hamilton Ave, Hamilton, NJ 08629
      View Details
    • $289,000
      1,518 SF

      Two Trenton Homes on One Deed

      Two adjacent, well-maintained homes perfect for investors or owner-occupants.
      270-272 Hills Pl, Trenton, NJ 08611
      View Details
    • $449,000
      0.17 Acres

      Professional Office Building in Hamilton

      Well-maintained office building in high-traffic area, ideal for professionals.
      2662 Nottingham Way, Hamilton, NJ 08619
      View Details
    • $2,000,000
      9.23 Acres

      Versatile Industrial Property in Robbinsville, NJ

      Turnkey property with garage, workshop, office space, and climate control.
      45 Circle Dr, Robbinsville, NJ 08691
      View Details
    • New
      $700,000
      2,522 SF

      Robbinsville Duplex on Large Lot

      Multi-family duplex in Robbinsville, NJ, with renovated units.
      100 Robbinsville Allentown Rd, Robbinsville, NJ 08691
      View Details
    • New
      $475,000
      5,438 SF

      Downtown Trenton Commercial Space For Sale

      5,438 SF commercial space in Trenton's historic downtown.
      318 S Broad St, Trenton, NJ 08608
      View Details
    • $250,000

      Professional Condo Near RWJ Hamilton

      Versatile condo ideal for medical or professional use.
      2081 Klockner Rd, Hamilton, NJ 08690
      View Details
    • $350,000
      2,016 SF

      Charming Multi-Home Property in Trenton

      Multi-family residence with rental income potential in a convenient location.
      805 Prospect St, Trenton, NJ 08618
      View Details

    FAQs

    What type of property is this?
    Single family property - Land for sale in Trenton, New Jersey.
    Where is this single family property located?
    The property is located at 62 Hayes Ave Trenton, NJ.
    What is the asking price?
    The asking price for this property is $20,000.
    What are key features of this property?
    This property features: - Must be purchased as a package deal with 58 Hayes Ave (MLS#: NJME2064212) & 60 Hayes Ave (MLS#: NJME2064210).; - Property Location: [-74.777336,40.23405]
    (609) 902-4831
    Request Owner's contact information
    62 Hayes Ave Trenton, NJ 08618
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    62 Hayes Ave
    Trenton, NJ 08618
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    62 Hayes Ave Trenton, NJ 08618
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Scott Adrian Rice
    Real Estate License ID: 2183448
    (609) 902-4831
    Learn more
    Google sign-in failed. Please try again or use another login method.