Residential Duplex with Private
263 S WALTER AVENUE Trenton, NJ 08629
263 S WALTER AVENUE, Trenton, NJ, 08629
$215,000
Pending
For Sale
$215,000
Pending
SINGLE_FAMILY - TRENTON, NJ
Property Size1,152 SF
Days on Market249
Property Features for 263 S WALTER AVENUE
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 3
- Bathrooms
- 1
- Rooms
- Bedroom 1, Bedroom 3, Bedroom 2
- Standard status
- Pending
- Size
- 1,152 SF
Building Details
- Year built
- 1955
Listing agency
BHHS Fox & Roach Robbinsville Sales Office
(609) 890-3300
Listed by
Iris Nitzan · License #1433656
(609) 273-5550
Added: Nov 16, 2025 Updated: Jul 23 at 3:02AM Checked: Jul 23 at 8:06AM
MLS# NJME2070014
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex-style residential property offers three bedrooms and one full bathroom, along with a full basement. The home also includes a private rear parking area that fits up to three cars, providing off-street convenience.
The property is located in Trenton, New Jersey (08629) in Mercer County. It is being sold as-is.
Buyers are responsible for obtaining a Certificate of Occupancy and any City-required certifications.
The property is located in Trenton, New Jersey (08629) in Mercer County. It is being sold as-is.
Buyers are responsible for obtaining a Certificate of Occupancy and any City-required certifications.
Key Highlights
- Built in 1955
- 3 bedrooms and 1 full bathroom
- Full basement
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 | $34.6k | $30.00 |
| − Vacancy | −$2.6k | −$2.25 |
| EGI | $32.0k | $27.75 |
| − OpEx | −$14.4k | −$12.49 |
| NOI | $17.6k | $15.26 |
1,152 SF · lease $30.00/SF/yr · vacancy 7.50% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$290.8K
$254.5K – $339.3K
NOI $20,358 @ 7.0% cap · market cap 9.47%
Second Best
Apartment 5plus
$251.2K
$219.8K – $293.0K
NOI $17,582 @ 7.0% cap · market cap 8.18%
Theoretical Best
Warehouse
$370.6K
$324.3K – $432.4K
NOI $25,945 @ 7.0% cap · market cap 12.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex-style residence includes three bedrooms, one full bath, a full basement, and private rear parking for up to three cars.
Where is this duplex located?
The property is located at 263 S WALTER AVENUE Trenton, NJ.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Built in 1955; 3 bedrooms and 1 full bathroom; Full basement
