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    Well-Maintained Three-Bedroom Trenton Property Title is generated by Realmo AI

    234 TYLER ST, Trenton, NJ 08609

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    For Sale
    $240,000

    Three-bedroom, one-bath property near restaurants, shopping, and major highways.

    Type:Condominium
    Property size:
    1,400 SF
    Price / SF:
    $171/SF
    Added:
    Jul 18, 2025
    Days on Market:
    355
    Last Refresh:
    May 19 at 11:45 pm

    Property Features for 234 TYLER ST

    General Information

    Standard status
    Active
    Size
    1,400 SF
    Property subtype
    Condominium

    Building Details

    Year Built
    1926

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    Annie Parisi

    Listing office Keller Williams Premier

    Listing date Jul 18, 2025

    Source Kw

    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

    HighLights

    • Investment property opportunity.
    • This home features three bedrooms.
    • Close proximity to restaurants and shopping.
    • Convenient access to major highways.
    • Spacious layout suitable for a family.
    • Built in 1926.

    Overview

    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.

    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 (±1% cap)
    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 (±1% cap)
    NOI $31,530 @ 7.0% cap · market cap 13.14%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Real Estate Agency Acupuncture Accounting Firm Locksmith Restaurant Veterinary Clinic Nursing Home Pet Store & Service Skin Care Clinic Pet Grooming Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Trenton
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.7402
    Latitude
    40.2267

    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 ST 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.
    More about this property
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