Well-Maintained Three-Bedroom Trenton
234 TYLER STREET Trenton, NJ 08609
234 TYLER STREET, Trenton, NJ, 08609
$240,000
For Sale
$240,000
Three-bedroom, one-bath property near restaurants, shopping, and major highways.
Property Size1,400 SF
Price / SF$171.43
Days on Market370
Property Features for 234 TYLER STREET
General Information
- Standard status
- Active
- Size
- 1,400 SF
- Property subtype
- Condominium
Building Details
- Year Built
- 1926
Listing agency
Keller Williams Premier
(609) 532-8693
Listed by
Annie Parisi · License #1752550
(609) 532-8693
Source
Kw
Added: Jul 18, 2025 Updated: Jul 6 at 8:18AM Checked: Jul 19 at 2:42AM
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 Keller Williams Premier
Investment Insights
Based on property information with market context.
This well-maintained property features three bedrooms and one bath, offering potential for investors. The home provides ample space and rooms suitable for a family. Its location offers convenient access to restaurants, shopping, and major highways. The property is being sold As Is, and the buyer is responsible for obtaining the Certificate of Occupancy. The property size is 1400 square feet.
Key Highlights
- Investment property opportunity.
- This home features three bedrooms.
- Close proximity to restaurants and shopping.
Local Financial Insights For Apartment 5plus
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 | $42.0k | $30.00 |
| − Vacancy | −$3.2k | −$2.25 |
| EGI | $38.9k | $27.75 |
| − OpEx | −$17.5k | −$12.49 |
| NOI | $21.4k | $15.26 |
1,400 SF · lease $30.00/SF/yr · vacancy 7.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$305.3K
$267.1K – $356.1K
NOI $21,368 @ 7.0% cap · market cap 8.90%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$450.4K
$394.1K – $525.5K
NOI $31,530 @ 7.0% cap · market cap 13.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Multifamily properties
Similar For Sale Nearby
FAQs
What type of property is this?
Multifamily property - Three-bedroom, one-bath property near restaurants, shopping, and major highways.
Where is this multifamily property located?
The property is located at 234 TYLER STREET Trenton, NJ.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Investment property opportunity.; This home features three bedrooms.; Close proximity to restaurants and shopping.
