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

1261 E State St #2, Trenton, NJ 08609

Separate utility meters and completed interior framing offer a defined starting point for rehabilitation.

Property SizeContact for details
Days on Market22

Property Features for 1261 E State St #2

General Information

Standard status Active
Total Parking Spaces 1
Property subtype Multi Family Home

Units

Multifamily Units 2
Individually Metered Utilities unspecified utilities

Additional Details

Public Transit Yes

Building Details

Year Built 1886
Units 2
Listing Agency: Real
Listed By: Elizabeth McGregor · License #570988
Source: Culturaunitedrealty
Added: Oct 3 Changed: Oct 23 Last Checked: Oct 23 at 5:23PM

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 Real

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Investment Insights

Based on property information with market context.

This semi-detached duplex contains two family units and a full basement. Interior framing is complete, and the property has a new roof. Separate utility meters serve the building, and two air handlers for a central air system are included. The structure dates to 1886, and city-approved architectural plans are in place.

Off-street parking is located at the rear. The property is offered as-is, with no repairs by the seller; the buyer is responsible for city inspections, certificates, and permits. It is in Trenton, near the Hamilton Township border, with schools, public transportation, highways, and shopping nearby.

Key Highlights

  • Two‑family semi‑detached property with a full basement
  • Interior framing completed; new roof installed
  • Separate utility meters and two air handlers included

Property Analytics

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Lease Details

2
Residential units

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

Frequently Asked Questions

What type of property is this?
Duplex - Separate utility meters and completed interior framing offer a defined starting point for rehabilitation.
Where is this duplex located?
The property is located at 1261 E State St #2 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 semi‑detached property with a full basement; Interior framing completed; new roof installed; Separate utility meters and two air handlers included
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