Single-Story Office
For Sale
Contact for pricing
2137 Hamilton Ave, Trenton, NJ 08619
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 Market584
Property Features for 2137 Hamilton Ave
General Information
Standard status
Active
Size
12,000 SF
Total Parking Spaces
90
Lot size
1.34 Acres
Property subtype
OFFICE
Zoning
CC
Additional Details
Highway Access
Yes
Clear Height
15 ft
Building Details
Year Built
1960
Stories
1
Listing Agency:
Fennelly Associates
(609) 520-0061
Listed By:
Gerard J. Fennelly
(609) 306-3158
Source:
Moodyscre
Added: Mar 25, 2025
Changed: Oct 26
Last Checked: Oct 28 at 10:12AM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$107,654
Cap Rate
7.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,153,080
$2.2M
Cap Rate 7%
$1,537,914
$1.5M
Cap Rate 9%
$1,196,156
$1.2M
Market Conditions
NOI Build-Up for 12,000 SF
Gross rent
$161.3K $13.44/SF
− Vacancy
−$17.7K −$1.48/SF
EGI
$143.5K $11.96/SF
− OpEx
−$35.9K −$2.99/SF
NOI
$107.7K $8.97/SF
Area
Mercer County, NJ
Vacancy
11.00%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,153,080
Cap Rate 7%
$1,537,914
Cap Rate 9%
$1,196,156
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.
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Current Use
Lease Details
15 ft
Clear height
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
371
Businesses Nearby
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Business Placement
Demographics for 08619, NJ
23,301
Population
9,761
Households
2.4
Avg Household Size
44
Median Age
46%
College-Educated
96%
High-School Grad
10.0 sq mi
ZIP Area
2,330
Density / Sq Mi
$104,922
Median Household Income
$56,772
Median Earnings
$1,712
Median Rent
$320,800
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
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)
