Multi-Building Mixed-Use
1200-1208 Hamilton Avenue Trenton Trenton, NJ 08629
1200-1208 Hamilton Avenue Trenton, Trenton, NJ, 08629
$2,599,000
For Sale
$2,599,000
Multi-building site with 15 residential units, two storefronts, and a large parking lot.
Property Size11,831 SF
Price / SF$219.68
Days on Market8
Property Features for 1200-1208 Hamilton Avenue Trenton
General Information
- Standard status
- Active
- Size
- 11,831 SF
Building Details
- Year Built
- 1950
Listing Agency
(732) 991-3166
Listed by
Steven Bonavita · License #1429895
(732) 991-3166
Source
Sbonavita.remax
Added: Jul 10 Checked: Jul 16 at 2:01 am
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 Steven Bonavita
Investment Insights
Based on property information with market context.
This multi-building mixed-use site at 1200-1208 Hamilton Avenue includes 15 residential units and two commercial storefront spaces, supported by a large on-site parking lot across four blocks and lots. The residential units are described as well maintained in the available remarks.
Located in Trenton, NJ, the property’s storefront components are designed to serve street-facing retail use, while the parking area provides on-site capacity for residents and storefront visitors.
Overall, the configuration supports a combined residential income and retail storefront setup within one multi-building portfolio.
Located in Trenton, NJ, the property’s storefront components are designed to serve street-facing retail use, while the parking area provides on-site capacity for residents and storefront visitors.
Overall, the configuration supports a combined residential income and retail storefront setup within one multi-building portfolio.
Key Highlights
- Multi‑building site with 15 residential units plus 2 commercial storefronts
- Large parking lot with total of 20 parking spaces
- Lot size 200.00 x 90.00 on a 4‑block site
Local Financial Insights For Apartment 5plus
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 | $354.9k | $30.00 |
| − Vacancy | −$26.6k | −$2.25 |
| EGI | $328.3k | $27.75 |
| − OpEx | −$147.7k | −$12.49 |
| NOI | $180.6k | $15.26 |
11,831 SF · lease $30.00/SF/yr · vacancy 7.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.58M
$2.26M – $3.01M
NOI $180,571 @ 7.0% cap · market cap 6.95%
Second Best
Retail
$2.53M
$2.21M – $2.95M
NOI $176,921 @ 7.0% cap · market cap 6.81%
Theoretical Best
Warehouse
$3.81M
$3.33M – $4.44M
NOI $266,453 @ 7.0% cap · market cap 10.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Multi-building site with 15 residential units, two storefronts, and a large parking lot.
Where is this mixed-use property located?
The property is located at 1200-1208 Hamilton Avenue Trenton Trenton, NJ.
What is the asking price?
The asking price for this property is $2,599,000.
What are key features of this property?
This property features: Multi‑building site with 15 residential units plus 2 commercial storefronts; Large parking lot with total of 20 parking spaces; Lot size 200.00 x 90.00 on a 4‑block site
