Renovated Duplex: Investor or
23 W Christoph Avenue, Trenton, NJ 08618
MULTI_FAMILY - Trenton, NJ
Property size:
1,457 SFLot size:
0.11 AcresPrice / SF:
$233/SF- Added:
- Feb 6, 2026
- Days on Market:
- 99
- Last Refresh:
- May 16 at 10:06 am
Property Features for 23 W Christoph Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 2, Basement, Bathroom 1, Dining Room
- Parking features
- Carport
- Patio and Porch features
- Patio
- Interior features
- Unit 1(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(Dining Room, 2 Bedrooms, Kitchen, 1 Bath)
- Exterior features
- Patio
- Accessibility
- Accessible Approach with Ramp
- Appliances
- Water Heater(See Remarks, Gas), Water Heater, Unit 1(Dryer, Range/Oven, Refrigerator, Washer), Unit 2(Dryer, Refrigerator, Washer)
- Standard status
- Active Under Contract
- APN
- 110610300010
- Size
- 1,457 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7804
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard, Radiant, Forced Air
- Cooling system
- Ceiling Fan(s), Wall Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1918
- Floors in Building
- 2
- Building materials
- Vinyl Siding
Listing agent Dilip Luthra License #1221286 (609) 273-1212
Listing office REALTY MARK CENTRAL 163 CRANBURY RD, STE 100, Princeton Junction, NJ (609) 716-8400
Listing date Feb 6, 2026
MLS# 2610080R
Listing URL
Copyright © 2026 All Jersey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully renovated duplex (2022) with updated kitchens and bathrooms, modern finishes, and thoughtfully designed layouts.
- Versatile property suitable for investors or owner‑occupants.
- Each unit features 2 bedrooms, 1 full bathroom, and a full kitchen.
- Water mitigation structure system for long‑term protection.
- Shared first‑floor laundry room and full basement for storage.
- Convenient access to local amenities, transportation, and major routes.
Overview
This well-maintained duplex, originally built in 1918 and renovated in 2022, offers versatility for investors and owner-occupants. Each unit includes 2 bedrooms, 1 full bathroom, and a full kitchen. A shared first-floor laundry room serves both units, along with a full basement for storage and utilities. Renovations include updated kitchens and bathrooms, contemporary finishes, and layouts that maximize space and natural light. The exterior features a water mitigation structure system. One unit is tenant-occupied with month-to-month leases. The home has a split-level design with open living areas. Kitchens feature modern appliances and cabinetry, while bedrooms are spacious and well-lit. Updated bathrooms showcase modern fixtures. Additional features include a full basement and a concrete driveway, plus on-street parking, on a 0.11-acre lot. The property offers access to local amenities, transportation, and major routes. The property is being sold AS IS, with no repairs to be made by the seller. The buyer is responsible for obtaining the Certificate of Occupancy (CO).
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$286.1K
NOI $25,747 @ 9.00% cap · cautious / downside scenario
Moderate
$367.8K
NOI $25,747 @ 7.00% cap · market / base-case scenario
Aggressive
$514.9K
NOI $25,747 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.3k | $27.00 |
| − Vacancy | −$2.6k | −$1.76 |
| EGI | $36.8k | $25.25 |
| − OpEx | −$11.0k | −$7.57 |
| NOI | $25.7k | $17.67 |
1,457 SF · lease $27.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$367.8K
$321.8K – $429.1K
NOI $25,747 @ 7.0% cap · market cap 7.58%
Second Best
Apartment 5plus
$317.7K
$278.0K – $370.6K
NOI $22,237 @ 7.0% cap · market cap 6.55%
Theoretical Best
Warehouse
$468.8K
$410.2K – $546.9K
NOI $32,814 @ 7.0% cap · market cap 9.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Trenton
- County
- Mercer
- State
- New Jersey
- Longitude
- -74.778847
- Latitude
- 40.234212
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Turnkey duplex with modern renovations, ideal for investors or owner-occupants.
Where is this duplex located?
The property is located at 23 W Christoph Avenue Trenton, NJ.
What is the asking price?
The asking price for this property is $339,500.
What are key features of this property?
This property features: Fully renovated duplex (2022) with updated kitchens and bathrooms, modern finishes, and thoughtfully designed layouts.; Versatile property suitable for investors or owner‑occupants.; Each unit features 2 bedrooms, 1 full bathroom, and a full kitchen.
