Three-Unit Multifamily
For Sale
$359,000
126 Jackson Street, Trenton, NJ 08611
Historic multifamily building with three residential units, an unfinished basement, and a three-bedroom, three-bathroom configuration.
Property Size1,638 SF
Price / SF$219.17
Days on Market25
Property Features for 126 Jackson Street
General Information
Standard status
Active
Size
1,638 SF
Property subtype
Multi-family
Building Details
Year Built
1866
Tenancy
Multi
Listing Agency:
Realty One Group Emerge
Listed By:
Ankur Kapoor
(833) 740-1234
Source:
Actionplusrealty
Added: Jul 18
Changed: Aug 10
Last Checked: Aug 10 at 4:23AM
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 Realty One Group Emerge
Investment Insights
Based on property information with market context.
This three-unit multifamily property at 126 Jackson Street includes 1,638 square feet, three bedrooms, and three bathrooms. The building dates to 1866 and offers an unfinished basement for storage or future use. Its three-family configuration provides separate residential spaces within one property, while the existing bedroom and bathroom count outlines the current layout.
Located in Trenton, NJ 08611, the property is positioned in an established residential setting. The unfinished basement adds functional space beyond the primary living areas and may support storage needs for the building.
Located in Trenton, NJ 08611, the property is positioned in an established residential setting. The unfinished basement adds functional space beyond the primary living areas and may support storage needs for the building.
Key Highlights
- Three‑unit multifamily property at 126 Jackson Street, Trenton, NJ 08611
- 1,638 square feet of property size
- Three bedrooms and three bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$28,946
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.06%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$578,920
$578.9K
Cap Rate 7%
$413,514
$413.5K
Cap Rate 9%
$321,622
$321.6K
Market Conditions
NOI Build-Up for 1,638 SF
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.
Gross rent
$44.2K $27.00/SF
− Vacancy
−$2.9K −$1.76/SF
EGI
$41.4K $25.25/SF
− OpEx
−$12.4K −$7.57/SF
NOI
$28.9K $17.67/SF
Area
Mercer County, NJ
Vacancy
6.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$578,920
Cap Rate 7%
$413,514
Cap Rate 9%
$321,622
Alternative Uses
Best Use
Multifamily LT 5
$413.5K
$361.8K – $482.4K
NOI $28,946 @ 7.0% cap · market cap 8.06%
Second Best
Apartment 5plus
$357.1K
$312.5K – $416.7K
NOI $25,000 @ 7.0% cap · market cap 6.96%
Theoretical Best
Warehouse
$527.0K
$461.1K – $614.8K
NOI $36,890 @ 7.0% cap · market cap 10.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,373
Businesses Nearby
Explore this area
Business Placement
Demographics for 08611, NJ
31,531
Population
11,638
Households
2.7
Avg Household Size
32
Median Age
16%
College-Educated
70%
High-School Grad
2.9 sq mi
ZIP Area
10,873
Density / Sq Mi
$50,806
Median Household Income
$29,185
Median Earnings
$1,300
Median Rent
$142,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Historic multifamily building with three residential units, an unfinished basement, and a three-bedroom, three-bathroom configuration.
Where is this triplex located?
The property is located at 126 Jackson Street Trenton, NJ.
What is the asking price?
The asking price for this property is $359,000.
What are key features of this property?
This property features: Three‑unit multifamily property at 126 Jackson Street, Trenton, NJ 08611; 1,638 square feet of property size; Three bedrooms and three bathrooms
