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    69 Route 156 Trenton, NJ 08620

    For Sale
    $899,000

    Restaurant & Duplex, High ROI Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This unique Trenton, NJ investment property offers a compelling opportunity for savvy investors. The property, located at 69 Route 156, comprises a thriving mixed-use building anchored by a long-standing restaurant operator with over 40 years of experience in the industry. This established business provides a stable and reliable income stream, minimizing vacancy risk. Adding to the investment potential is a duplex featuring two residential units, generating additional rental income. The property's mixed-use nature allows for diversification of income streams, enhancing overall return on investment. While the exact square footage is not currently available, the property sits on a 0-acre lot. The asking price for this exceptional investment opportunity is $899,000. This presents a rare chance to acquire a well-established, income-producing property in a desirable location. The long-term tenant and residential units offer a strong foundation for future growth and profitability. Serious inquiries are encouraged to explore this promising investment prospect further.

    Property Features for 69 Route 156

    General Information

    Property type
    Retail properties

    Building Details

    Year Built
    1920
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Trenton
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.67393
    Latitude
    40.17679

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    FAQs

    What type of property is this?
    Retail property - Restaurant & Duplex, High ROI Potential
    Where is this retail property located?
    The property is located at 69 Route 156 Trenton, NJ.
    What is the asking price?
    The asking price for this property is $899,000.
    (215) 995-0191
    Request Owner's contact information
    69 Route 156 Trenton, NJ 08620
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    Trenton, NJ 08620
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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
    69 Route 156 Trenton, NJ 08620
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