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Two-Family Duplex with Basement
New
For Sale
$240,000

1261 E STATE Street, Trenton, NJ 08609

Multi-Family, TRENTON, NJ

Property Size1,664 SF
Lot Size0.05 Acres
Price / SF$144.23
Days on Market4

Property Features for 1261 E STATE Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Parking features Off Street
Elementary school district TRENTON PUBLIC SCHOOLS
Middle school district TRENTON PUBLIC SCHOOLS
High school district TRENTON PUBLIC SCHOOLS
Standard status Active
Size 1,664 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 3192

Amenities

full basement
central air
separate meters

Building Details

Year built 1886
Number of units 2
Building materials Brick
Architectural style Colonial
Listing Agency: Real Broker, LLC
Listed By: Elizabeth McGregor · License #0570988
Added: Oct 3 Last Checked: Oct 6 at 3:06PM
MLS# NJME2084526

Copyright © 2026 Bright 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 1,664-square-foot, brick duplex is configured as a two-family residence and includes a full basement. The 0.0523-acre property was built in 1886. Separate meters serve the units, and off-street parking is available. Improvements include a replacement roof and interior framing; two air handlers for central air are also included. City-approved architectural plans are in place. The property is offered in rehab condition, with the buyer responsible for city inspections, certificates, and permits.

The property is close to the Trenton Police Department and the Hamilton Township border. Schools, public transportation, highways, and shopping are nearby.

Key Highlights

  • Two‑family brick duplex with 1,664 square feet
  • 0.0523‑acre lot; built in 1886
  • Full basement and separate utility meters

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Gym & Fitness Center (Bike/Boat/Book/etc) Store Skin Care Clinic

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
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

839
Businesses Nearby

Demographics for 08609, NJ

14,867
Population
5,347
Households
2.8
Avg Household Size
33
Median Age
10%
College-Educated
72%
High-School Grad
1.3 sq mi
ZIP Area
11,436
Density / Sq Mi
$56,932
Median Household Income
$36,133
Median Earnings
$1,218
Median Rent
$96,700
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - The brick residence has separate utility meters, off-street parking, and approved architectural plans for rehabilitation.
Where is this duplex located?
The property is located at 1261 E STATE Street Trenton, NJ.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Two‑family brick duplex with 1,664 square feet; 0.0523‑acre lot; built in 1886; Full basement and separate utility meters
More about this property
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