Duplex with
113 Columbia Avenue, Trenton, NJ 08618
For Sale
New
$249,000
Residential, Duplex, Trenton, NJ
Property Size1,333 SF
Lot Size0.05 Acres
Price / SF$186.80
Days on Market1
Property Features for 113 Columbia Avenue
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Half bathrooms
Rooms
Patio and Porch features
Basement
Directions
Standard status
APN
Size
Lot size
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
fireplace
unfinished basement
Building Details
Year built
Floors in Building
Architectural style
Listing Agency:
Realty One Group Emerge
Listed By:
Ankur Kapoor · License NJ #2321475
(732) 449-2900
Added: Nov 12
Last Checked: Nov 12 at 6:06PM
MLS# 22635768
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,333-square-foot duplex has four bedrooms and 1.5 bathrooms, along with living space arranged around a fireplace. An unfinished basement adds to the building’s interior area, and a porch is also present. The home was built in 1925 on a 0.05-acre lot.
Central air conditioning and natural-gas heating serve the property. Public water and public sewer are in place.
Central air conditioning and natural-gas heating serve the property. Public water and public sewer are in place.
Key Highlights
- Four bedrooms and 1.5 bathrooms
- 1,333 square feet on a 0.05‑acre lot
- Fireplace and unfinished basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,345
Cap Rate
8.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$406,900
$406.9K
Cap Rate 7%
$290,643
$290.6K
Cap Rate 9%
$226,056
$226.1K
Market Conditions
NOI Build-Up for 1,333 SF
Gross rent
$40.0K $30.00/SF
− Vacancy
−$3.0K −$2.25/SF
EGI
$37.0K $27.75/SF
− OpEx
−$16.6K −$12.49/SF
NOI
$20.3K $15.26/SF
Area
Mercer County, NJ
Vacancy
7.50%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$406,900
Cap Rate 7%
$290,643
Cap Rate 9%
$226,056
Alternative Uses
Best Use
Multifamily LT 5
$336.5K
$294.5K – $392.6K
NOI $23,556 @ 7.0% cap · market cap 9.46%
Second Best
Apartment 5plus
$290.6K
$254.3K – $339.1K
NOI $20,345 @ 7.0% cap · market cap 8.17%
Theoretical Best
Warehouse
$428.9K
$375.3K – $500.4K
NOI $30,021 @ 7.0% cap · market cap 12.06%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
180
Businesses Nearby
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Business Placement
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
$211,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Trenton, NJ
Properties on Market for Duplexes in Trenton
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The four-bedroom layout has central air conditioning and natural-gas heating.
Where is this duplex located?
The property is located at 113 Columbia Avenue Trenton, NJ.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Four bedrooms and 1.5 bathrooms; 1,333 square feet on a 0.05‑acre lot; Fireplace and unfinished basement
