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Tenant-Occupied Multifamily Property
For Sale
$299,900
Pending

1108 West State Street, Trenton, NJ 08618

The residentially zoned building has existing tenants and provides rental income.

Property Size2,328 SF
Days on Market112

Property Features for 1108 West State Street

General Information

Standard status Pending
Size 2,328 SF
Total Parking Spaces 2
Property subtype Multi-Family / Fee Simple
Zoning RESIDENTIAL

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $8,269

Amenities

No
No Pool

Building Details

Year Built 1900
Listing Agency: Smires & Associates
Listed By: Justin M Reed · License #9702308
Source: Compass
Added: Jul 9 Changed: Oct 27 Last Checked: Oct 27 at 3:16AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Smires & Associates

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Investment Insights

Based on property information with market context.

This 2,328-square-foot multifamily property was built in 1900 and is occupied by tenants. The building is zoned residential and is being sold in its current, as-is condition. Buyers are responsible for securing any required municipal certifications, inspections, or approvals.

Located at 1108 West State Street in Trenton, the property is offered as part of a three-property portfolio that also includes 1106 and 1110 West State Street. Existing occupancy provides rental income.

Key Highlights

  • 2,328‑square‑foot multifamily property
  • Tenant‑occupied with rental income
  • Built in 1900

Location Intelligence

Trade Area within ½ mile

839
Businesses Nearby

Demographics for 08618, NJ

37,544
Population
15,284
Households
2.5
Avg Household Size
34
Median Age
24%
College-Educated
86%
High-School Grad
5.9 sq mi
ZIP Area
6,363
Density / Sq Mi
$48,179
Median Household Income
$33,040
Median Earnings
$1,117
Median Rent
$211,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - The residentially zoned building has existing tenants and provides rental income.
Where is this multifamily property located?
The property is located at 1108 West State Street Trenton, NJ.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 2,328‑square‑foot multifamily property; Tenant‑occupied with rental income; Built in 1900
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