Single-Story Office
2137 Hamilton Ave Trenton, NJ 08619
For Sale
Contact for pricing
Single-story office building with 15’ ceilings and 90 parking spaces on 1.34 acres.
Property Size12,000 SF
Lot Size1.34 Acres
Price / SF$125
Days on Market492
Property Features for 2137 Hamilton Ave
General Information
Standard status
Active
Size
12,000 SF
Lot size
1.34 Acres
Property subtype
OFFICE
Listing Agency:
Fennelly Associates
(609) 306-3158
Listed By:
Gerard J. Fennelly
(609) 306-3158
Source:
Moodyscre
Added: Mar 25, 2025
Changed: Jul 27
Last Checked: Jul 29 at 12:25PM
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 Fennelly Associates
Investment Insights
Based on property information with market context.
This single-story office building offers approximately 12,000 square feet and was built in 1960. The property features 15’ ceiling height and includes parking for 90 vehicles.
The site is on 1.34 acres and is described as being minutes from Downtown Trenton, with access to the NJ Turnpike and I-195.
Zoning is listed as CC, with details referenced as available on the next page. Taxes for 2024 are reported as $37,857.90.
The site is on 1.34 acres and is described as being minutes from Downtown Trenton, with access to the NJ Turnpike and I-195.
Zoning is listed as CC, with details referenced as available on the next page. Taxes for 2024 are reported as $37,857.90.
Key Highlights
- 12,000 SF single‑story office building on 1.34 acres
- Built in 1960 with 15’ ceilings
- Zoning: CC (details on next page)
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $161.3k | $13.44 |
| − Vacancy | −$17.7k | −$1.48 |
| EGI | $143.5k | $11.96 |
| − OpEx | −$35.9k | −$2.99 |
| NOI | $107.7k | $8.97 |
12,000 SF · lease $13.44/SF/yr · vacancy 11.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.54M
$1.35M – $1.79M
NOI $107,654 @ 7.0% cap · market cap 7.18%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$3.86M
$3.38M – $4.50M
NOI $270,259 @ 7.0% cap · market cap 18.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Single-story office building with 15’ ceilings and 90 parking spaces on 1.34 acres.
Where is this office building located?
The property is located at 2137 Hamilton Ave Trenton, NJ.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 12,000 SF single‑story office building on 1.34 acres; Built in 1960 with 15’ ceilings; Zoning: CC (details on next page)
