Updated Office
For Sale
$275,000
2333 Whitehorse Mercerville Rd #c, Trenton, NJ 08619
The refreshed interior includes new flooring, fresh paint, and a replacement HVAC system.
Property Size1,200 SF
Price / SF$229.17
Days on Market40
Property Features for 2333 Whitehorse Mercerville Rd #c
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Commercial
Additional Details
Condition
Move-in Ready
Property Use
Office
Taxes and HOA fees
Annual Taxes
$5,562
Building Details
Year Built
1977
Listing Agency:
BHHS FOX & ROACH - ROBBINSVILLE
(609) 890-3300
Listed By:
BRIAN A SMITH · License #1008517
(732) 710-2535
Source:
Corcoran
Added: Sep 22
Changed: Oct 30
Last Checked: Oct 30 at 3:44PM
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 BHHS FOX & ROACH - ROBBINSVILLE
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Investment Insights
Based on property information with market context.
Unit C is a 1,200-square-foot office property built in 1977. Recent improvements include new flooring, fresh paint, and a new HVAC system. The layout supports professional, office, or business use, and the space is ready for occupancy.
On-site parking serves the property, which is located just off Route 33 with access to major roads, shopping, and restaurants.
On-site parking serves the property, which is located just off Route 33 with access to major roads, shopping, and restaurants.
Key Highlights
- 1,200‑square‑foot office unit
- New HVAC system
- New flooring and fresh paint
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,765
Cap Rate
3.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$215,300
$215.3K
Cap Rate 7%
$153,786
$153.8K
Cap Rate 9%
$119,611
$119.6K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$16.1K $13.44/SF
− Vacancy
−$1.8K −$1.48/SF
EGI
$14.4K $11.96/SF
− OpEx
−$3.6K −$2.99/SF
NOI
$10.8K $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%
$215,300
Cap Rate 7%
$153,786
Cap Rate 9%
$119,611
Alternative Uses
Best Use
Office B
$153.8K
$134.6K – $179.4K
NOI $10,765 @ 7.0% cap · market cap 3.91%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$386.1K
$337.8K – $450.4K
NOI $27,026 @ 7.0% cap · market cap 9.83%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
909
Businesses Nearby
Explore this area
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 unit - The refreshed interior includes new flooring, fresh paint, and a replacement HVAC system.
Where is this office unit located?
The property is located at 2333 Whitehorse Mercerville Rd #c Trenton, NJ.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 1,200‑square‑foot office unit; New HVAC system; New flooring and fresh paint
