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Two-Unit Residential Income Duplex
For Sale
$262,500

124 NASSAU STREET, Trenton, NJ 08638

Two separate units offer flexible occupancy or rental options with separate utilities for each unit.

Property SizeContact for details
Days on Market135

Property Features for 124 NASSAU STREET

General Information

Standard status Active
Property subtype Duplex

Additional Details

Multifamily Units 2

Amenities

Radiator
Refrigerator
Stove
Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available, Phone Available, Shingle

Building Details

Year Built 1920
Stories 3
Listing Agency: Cherry Hill
Listed By: Janeira Charles · License #2081974
Source: Kw
Added: Jun 3 Changed: Oct 15 Last Checked: Oct 14 at 9:27PM

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 Cherry Hill

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Investment Insights

Based on property information with market context.

This well-maintained two-family duplex includes two separate units. Unit 1 has two bedrooms and one bathroom and is described as currently rented for $1,400. Unit 2 has three bedrooms and one bathroom and is currently vacant, with separate utilities for each unit. The property is being sold strictly as-is, with the buyer responsible for all inspections and certifications.

The property is located in Trenton in Mercer County. Transportation and access are supported by nearby public transit options, including a bus stop less than one mile, and commuter rail and lots within five miles. The listing also notes proximity to an airport under 10 miles, along with access to shopping and dining.

For buyers seeking residential income or flexible living arrangements, the duplex layout allows one unit to be owner-occupied while the other supports rental income. The presence of separate utilities may help simplify tenant billing and unit-level management. Buyers should factor in the as-is condition and plan for due diligence accordingly.

Key Highlights

  • Two‑family home built in 1920 with 2 separate units in Trenton City (21111)
  • Unit 1: 2 bed, 1 bath rented for $1,400
  • Unit 2: 3 bed, 1 bath is vacant with separate utilities for each unit

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Acupuncture Cafe & Coffee Shop Parking Lot & Garage Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,313
Businesses Nearby

Demographics for 08638, NJ

23,548
Population
10,148
Households
2.3
Avg Household Size
38
Median Age
31%
College-Educated
89%
High-School Grad
5.4 sq mi
ZIP Area
4,361
Density / Sq Mi
$65,650
Median Household Income
$40,374
Median Earnings
$1,499
Median Rent
$226,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Duplex - Two separate units offer flexible occupancy or rental options with separate utilities for each unit.
Where is this duplex located?
The property is located at 124 NASSAU STREET Trenton, NJ.
What is the asking price?
The asking price for this property is $262,500.
What are key features of this property?
This property features: Two‑family home built in 1920 with 2 separate units in Trenton City (21111); Unit 1: 2 bed, 1 bath rented for $1,400; Unit 2: 3 bed, 1 bath is vacant with separate utilities for each unit
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