Income-Generating Duplex
268 Weber Avenue Trenton, NJ 08638
For Sale
$330,000
Duplex offers two rental units, including a 1-bedroom upstairs and a 2-bedroom downstairs with an unfinished basement.
Property Size1,540 SF
Price / SF$214.29
Days on Market124
Property Features for 268 Weber Avenue
General Information
- Standard status
- Active
- Size
- 1,540 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1955
Listing Agency:
RE/MAX Unlimited
(609) 540-6264
Listed By:
Usman M Shaikh · License #446626
(609) 540-6264
Source:
Compass
Added: Mar 23
Changed: Jul 23
Last Checked: Jul 23 at 6:45PM
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 RE/MAX Unlimited
Investment Insights
Based on property information with market context.
This duplex is set up for flexible occupancy or full rental use, with separate living units on the 1st and 2nd floors. The upstairs unit (2nd floor) includes 1 bedroom and 1 bathroom. The downstairs unit (1st floor) features 2 bedrooms and 1 bathroom, along with an unfinished basement that includes laundry hookups.
The property also includes a detached 2-car garage and a driveway associated with the downstairs unit.
As described in the listing, the building is already income producing and presents an opportunity for an investor or owner-occupant seeking on-site rental income.
The property also includes a detached 2-car garage and a driveway associated with the downstairs unit.
As described in the listing, the building is already income producing and presents an opportunity for an investor or owner-occupant seeking on-site rental income.
Key Highlights
- Duplex with 2 rental units: upstairs 1BR/1BA and downstairs 2BR/1BA
- Unfinished basement includes laundry hookups for the downstairs unit
- Detached 2‑car garage plus a driveway for the downstairs unit
Financial Insights For Multifamily LT 5
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 | $41.6k | $27.00 |
| − Vacancy | −$2.7k | −$1.76 |
| EGI | $38.9k | $25.25 |
| − OpEx | −$11.7k | −$7.57 |
| NOI | $27.2k | $17.67 |
1,540 SF · lease $27.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$388.8K
$340.2K – $453.6K
NOI $27,214 @ 7.0% cap · market cap 8.25%
Second Best
Apartment 5plus
$335.8K
$293.8K – $391.7K
NOI $23,504 @ 7.0% cap · market cap 7.12%
Theoretical Best
Warehouse
$495.5K
$433.5K – $578.1K
NOI $34,683 @ 7.0% cap · market cap 10.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex offers two rental units, including a 1-bedroom upstairs and a 2-bedroom downstairs with an unfinished basement.
Where is this duplex located?
The property is located at 268 Weber Avenue Trenton, NJ.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Duplex with 2 rental units: upstairs 1BR/1BA and downstairs 2BR/1BA; Unfinished basement includes laundry hookups for the downstairs unit; Detached 2‑car garage plus a driveway for the downstairs unit
