Well-Maintained Three-Bedroom Trenton
For Sale
$240,000
234 TYLER STREET, Trenton, NJ 08609
Three-bedroom, one-bath property near restaurants, shopping, and major highways.
Property Size1,400 SF
Price / SF$171.43
Days on Market446
Property Features for 234 TYLER STREET
General Information
Standard status
Active
Size
1,400 SF
Property subtype
Condominium
Amenities
Forced Air
Window Unit(s)
Building Details
Building Size
1,400 SF
Year Built
1926
Listing Agency:
Keller Williams Premier
Listed By:
Annie Parisi · License #1752550
(609) 532-8693
Source:
Kw
Added: Jul 18, 2025
Changed: Sep 30
Last Checked: Oct 5 at 3:54PM
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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,368
Cap Rate
8.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$427,360
$427.4K
Cap Rate 7%
$305,257
$305.3K
Cap Rate 9%
$237,422
$237.4K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$42.0K $30.00/SF
− Vacancy
−$3.2K −$2.25/SF
EGI
$38.9K $27.75/SF
− OpEx
−$17.5K −$12.49/SF
NOI
$21.4K $15.26/SF
Area
Mercer County, NJ
Vacancy
7.50%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$427,360
Cap Rate 7%
$305,257
Cap Rate 9%
$237,422
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 authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
890
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
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.
