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Three-Unit Multifamily Property
For Sale
$435,000

274 Hillcrest Avenue, Trenton, NJ 08618

Occupied residential income property with central heating and air, private decks, assigned parking, and a large backyard.

Property Size2,962 SF
Price / SF$146.86
Days on Market232

Property Features for 274 Hillcrest Avenue

General Information

Standard status Active
Size 2,962 SF
Total Parking Spaces 3
Property subtype Multi-Family / Fee Simple
Zoning YES
Occupancy 100%

Units

Unit Mix 2 x 2BR/1BA, 1 x 3BR/2BA
Multifamily Units 3
Parking per Unit 1

Taxes and HOA fees

Annual Taxes $10,154

Amenities

central heating and air
deck
backyard
No
No Pool
Above Grade, Below Grade

Building Details

Year Built 1930
Tenancy Multi
Listing Agency: Gambourg Properties Inc
Listed By: Mikhail Balezine
Source: Compass
Added: Jan 11 Changed: Aug 30 Last Checked: Aug 30 at 1:29PM

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 Gambourg Properties Inc

Investment Insights

Based on property information with market context.

Built in 1930, this 2,962-square-foot triplex at 274 Hillcrest Avenue contains three occupied residences. Two apartments offer 2 bedrooms and 1 bathroom each, while the third provides 3 bedrooms and 2 bathrooms. Central heating and air serve the building, and each unit includes a private deck and a parking space. The property also has a large backyard.

Two residences are occupied under month-to-month arrangements, and one is subject to an active long-term lease. Professional management is in place. The property is located in Trenton, within Mercer County, and is served by Trenton Public Schools.

Key Highlights

  • Three occupied residential units in a 2,962‑square‑foot triplex
  • Unit mix includes two 2‑bedroom, 1‑bath residences and one 3‑bedroom, 2‑bath residence
  • Central heating and air throughout the building

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Electrical Service Skin Care Clinic HVAC Service Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

442
Businesses Nearby

Demographics for 08618, NJ

37,544
Population
15,284
Households
2.5
Avg Household Size
34
Median Age
24%
College-Educated
86%
High-School Grad
5.9 sq mi
ZIP Area
6,363
Density / Sq Mi
$48,179
Median Household Income
$33,040
Median Earnings
$1,117
Median Rent
$211,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Occupied residential income property with central heating and air, private decks, assigned parking, and a large backyard.
Where is this triplex located?
The property is located at 274 Hillcrest Avenue Trenton, NJ.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Three occupied residential units in a 2,962‑square‑foot triplex; Unit mix includes two 2‑bedroom, 1‑bath residences and one 3‑bedroom, 2‑bath residence; Central heating and air throughout the building
More about this property
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