Your AI Navigator in Commercial Real Estate
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

    724 Division St Trenton, NJ 08611

    For Sale
    $899,999

    MULTI_FAMILY - TRENTON, NJ

    Property size:
    4,905 SF
    Days on Market:
    22
    Last Refresh:
    Dec 5 at 11:06 pm

    Property Features for 724 Division St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Parking Lot, On Street
    Size
    4,905 SF

    Utilities

    Heating system
    Other (Heating)

    Building Details

    Year built
    1897
    Number of units
    4
    Building materials
    Frame

    Alliance Realty of NJ LLC., d.b.a CENTURY 21 Alliance (877) 489-0234 [email protected]

    Listing agent Andrei Essam Mounir Gayed (609) 321-5893 License #2447352

    Listing date Nov 14, 2025

    MLS# NJME2069098 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.

    Overview

    Turnkey Trenton Multifamily Investment Property

    Located in Trenton, NJ, 724 Division Street is a turnkey commercial/multifamily property featuring six units. The property is well-maintained and offers a strong in-place rent roll, additional parking income, and minimal owner expenses. This presents an investment opportunity for reliable cash flow and long-term asset appreciation. The property consists of five 1-bed/1-bath units and one 2-bed/1-bath unit. The parking lot is currently rented for $750 per month. The total gross monthly income is $8,796, resulting in an annual net income of $82,244 after expenses, with a 9.1% cap rate. The property size is 4,905 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Parking lots & garages

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market 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
    -74.74346
    Latitude
    40.20753

    Nearby Similar for Sale

    • $1,900,000
      1.19 Acres

      Trenton Commercial Property For Sale

      Highway Commercial property with great exposure and many possible uses.
      1010 Spruce Street Ext, Trenton, NJ 08648
      View Details
    • $1,149,900
      Pending

      Spacious Colonial Home with Pool

      Five-bedroom Robbinsville home with office, pool, and finished basement.
      7 Anderson Ln, Robbinsville, NJ 08691
      View Details
    • $479,000
      2,196 SF

      Spacious Multifamily Property in Trenton

      Multifamily property ideal for income or multigenerational living.
      816 Mulberry St, Trenton, NJ 08638
      View Details
    • Contact for pricing
      4.01 Acres

      Modern Office in Hamilton's Yorkshire

      Modern medical/professional office complex with ample parking and convenient location.
      1374 Whitehorse Hamilton Square Rd, Hamilton, NJ 08690
      View Details
    • $465,000

      Modern Office Space in Hamilton

      Modern medical/professional office space with ample parking and great location.
      1374 Whitehorse Hamilton Square Rd, Hamilton, NJ 08690
      View Details
    • $780,000
      Pending

      Colonial Home in Yorkshire Community

      Renovated Colonial with finished basement, pool, and modern amenities.
      98 Canal Vw Dr, Lawrence Twp, NJ 08648
      View Details

    FAQs

    What type of property is this?
    Apartment building - Six-unit property with parking income and strong cash flow.
    Where is this apartment building located?
    The property is located at 724 Division St Trenton, NJ.
    What is the asking price?
    The asking price for this property is $899,999.
    What are key features of this property?
    This property features: - High current cap rate of 9.1% with an annual net income of $82,244.; - Turnkey 6-unit commercial/multifamily property requiring minimal owner expenses.; - Strong in-place rent roll with additional income from parking.
    (609) 321-5893
    Request Owner's contact information
    724 Division St Trenton, NJ 08611
    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.
    724 Division St
    Trenton, NJ 08611
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    724 Division St Trenton, NJ 08611
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.