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Tenant-Occupied Two-Family Residence
For Sale
$315,000

16 Carroll St, Trenton, NJ 08609

Two separate apartments with 2 and 3 bedrooms, both kitchens and full baths, currently tenant-occupied.

Property Size2,708 SF
Price / SF$116.32
Days on Market56

Property Features for 16 Carroll St

General Information

Standard status Active
Size 2,708 SF
Property subtype Residential Income

Additional Details

Highway Access Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $6,355

Building Details

Tenancy Multi
Listing Agency: Opus Elite Real Estate of NJ, LLC
Listed By: Angela F Bullock · License #0564516
Source: Exprealty
Added: Jun 30 Changed: Aug 23 Last Checked: Aug 14 at 4:42AM

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 Opus Elite Real Estate of NJ, LLC

Investment Insights

Based on property information with market context.

This two-family residence offers two distinct units with separate kitchens and full baths. The first-floor unit features 2 bedrooms, a kitchen, and a full bath. The second-floor unit includes 3 bedrooms, a kitchen, and a full bath. The property is currently tenant-occupied.

Located in Trenton, NJ within Mercer County, the home is in an area described as highly accessible to major highways and shopping and dining destinations. The listing also notes that buyers are responsible for obtaining any Certificate of Occupancy (CO) requirements in the City of Trenton.

The layout supports straightforward multi-family living or investment use, with each floor functioning as a separate residence.

Key Highlights

  • Two‑family residence in Trenton City (21111), in the Mercer County area
  • Two separate units: first floor has 2 bedrooms with a kitchen and full bath
  • Second floor has 3 bedrooms with a kitchen and full bath

Property Analytics

Current Use

Duplexes

Suggested Use

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

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
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,127
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

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 - Two separate apartments with 2 and 3 bedrooms, both kitchens and full baths, currently tenant-occupied.
Where is this duplex located?
The property is located at 16 Carroll St Trenton, NJ.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Two‑family residence in Trenton City (21111), in the Mercer County area; Two separate units: first floor has 2 bedrooms with a kitchen and full bath; Second floor has 3 bedrooms with a kitchen and full bath
More about this property
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