Turnkey Remodeled
29 Marion Street Trenton, NJ 08618
For Sale
$329,000
Pending
Turnkey remodeled duplex with separate utilities for each unit in Trenton, New Jersey.
Property Size1,840 SF
Days on Market36
Property Features for 29 Marion Street
General Information
- Standard status
- Pending
- Size
- 1,840 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1885
Listing Agency:
NJ Capital Realty LLC
(609) 933-5024
Listed By:
Jerome Beckworth · License #8745170
(609) 933-5024
Source:
Compass
Added: Jun 18
Changed: Jul 21
Last Checked: Jul 23 at 11:15AM
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 NJ Capital Realty LLC
Investment Insights
Based on property information with market context.
29 Marion Street presents a turnkey remodeled duplex in Trenton, NJ. The property includes two separate apartments, each with its own utilities, providing clear operational separation between units. Unit 1 is a 2-bedroom, 1-bath layout. Unit 2 is a 3-bedroom, 1-bath unit with an additional loft.
The listing is in Mercer County within the Trenton City area (21111). The property is served by Trenton Public Schools.
The listing is in Mercer County within the Trenton City area (21111). The property is served by Trenton Public Schools.
Key Highlights
- Fully remodeled duplex at 29 Marion St in Trenton, NJ (Trenton City, 21111)
- Unit 1: 2 bed / 1 bath with washer/dryer hookups only and kitchen appliances including dishwasher and disposal
- Unit 2: 3 bed / 1 bath plus loft with stainless steel appliances and stove
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 | $55.2k | $30.00 |
| − Vacancy | −$4.1k | −$2.25 |
| EGI | $51.1k | $27.75 |
| − OpEx | −$23.0k | −$12.49 |
| NOI | $28.1k | $15.26 |
1,840 SF · lease $30.00/SF/yr · vacancy 7.50% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$464.5K
$406.5K – $541.9K
NOI $32,516 @ 7.0% cap · market cap 9.88%
Second Best
Apartment 5plus
$401.2K
$351.0K – $468.1K
NOI $28,083 @ 7.0% cap · market cap 8.54%
Theoretical Best
Warehouse
$592.0K
$518.0K – $690.7K
NOI $41,440 @ 7.0% cap · market cap 12.60%
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 - Turnkey remodeled duplex with separate utilities for each unit in Trenton, New Jersey.
Where is this duplex located?
The property is located at 29 Marion Street Trenton, NJ.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: Fully remodeled duplex at 29 Marion St in Trenton, NJ (Trenton City, 21111); Unit 1: 2 bed / 1 bath with washer/dryer hookups only and kitchen appliances including dishwasher and disposal; Unit 2: 3 bed / 1 bath plus loft with stainless steel appliances and stove
