12 Pierce Avenue Trenton, NJ 08629
COMMERCIAL - Trenton, NJ
- Added:
- Jul 10, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 11 at 5:06 pm
Property Features for 12 Pierce Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot, On Street
- Standard status
- Active
- APN
- 11-30102-0000-00015-01
- Size
- 6,924 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8652
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1950
- Floors in Building
- 2
Listing agent Seth Nelson (732) 523-0757
Listing office NJ Elite Group LLC 603 Mattison Ave. # 303, Asbury Park, NJ (732) 523-0757
Listing date Jul 10, 2026
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.
Investment Insights
Based on property information with market context.
The second floor features an existing boxing gym, providing a distinct use component within the same structure. The offering also includes additional land parcels (Lots 6-8 Pierce Avenue and Lot 12 Pierce Avenue), which may support options for parking, outdoor storage, staging, expansion, or future redevelopment, subject to zoning and municipal approvals.
With frontage of approximately 60 feet and potential rear street frontage of approximately 90 feet, the site offers flexibility for planning and future site improvements while retaining functional warehouse access.
Key Highlights
- Approximately 6,924+/- SF industrial/flex building across two levels, built in 1950
- Double‑lot site totaling roughly 12,000 SF, with about 60 ft frontage and potential rear street frontage of about 90 ft
- Warehouse/contractor‑style first floor with two large roll‑up steel doors on opposite sides for access and circulation
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $93.1k | $13.44 |
| − Vacancy | −$10.2k | −$1.48 |
| EGI | $82.8k | $11.96 |
| − OpEx | −$20.7k | −$2.99 |
| NOI | $62.1k | $8.97 |
