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Three-Unit Multifamily Property
For Sale
$359,000

126 Jackson Street, Trenton, NJ 08611

Multi-Family, Trenton, NJ

Property Size1,638 SF
Lot Size0.06 Acres
Price / SF$219.17
Days on Market70

Property Features for 126 Jackson Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 1, Bathroom 1, Bathroom 3, Bedroom 2, Bedroom 3, Bathroom 2, Basement
Directions Off of Market St
Standard status Active
APN 11-09602-0000-00016
Size 1,638 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 9247

Utilities

Sewer type Public Sewer
Heating system Oil
Cooling system Multi Units
Water source Public

Building Details

Year built 1866
Floors in Building 2
Number of units 3
Listing Agency: Realty One Group Emerge
Listed By: Ankur Kapoor · License #2321475
Added: Jul 29 Changed: Oct 2 Last Checked: Oct 6 at 8:06PM
MLS# 22623131

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.

This three-family property contains 1,638 square feet and includes 3 bedrooms and 3 bathrooms. The layout also includes an unfinished basement, providing additional interior space. The building dates to 1866 and is served by oil heating and multi-unit cooling.

The property occupies 0.06 acres at 126 Jackson Street in Trenton, New Jersey. Public water and public sewer serve the site, supporting the existing residential configuration.

Key Highlights

  • Three‑family property with 3 bedrooms and 3 bathrooms
  • 1,638 square feet of building area
  • Unfinished basement included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,946
Cap Rate
8.06%
Suggested Prices Based on Cap Rates
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
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 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 (±1% cap)
NOI $28,946 @ 7.0% cap · market cap 8.06%
Second Best
Apartment 5plus
$357.1K
$312.5K – $416.7K (±1% cap)
NOI $25,000 @ 7.0% cap · market cap 6.96%
Theoretical Best
Warehouse
$527.0K
$461.1K – $614.8K (±1% cap)
NOI $36,890 @ 7.0% cap · market cap 10.28%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Pet Grooming Service Acupuncture Pet Store & Service Nursing Home

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

2,373
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-family property with an unfinished basement and public water and sewer.
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‑family property with 3 bedrooms and 3 bathrooms; 1,638 square feet of building area; Unfinished basement included
More about this property
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