Mixed-Use Building with
For Sale
$525,000
30 Bradway Ave, Trenton, NJ 08618
Two-level configuration combines an operating salon with residential space and additional storage areas.
Property Size2,488 SF
Price / SF$211.01
Days on Market49
Property Features for 30 Bradway Ave
General Information
Standard status
Active
Size
2,488 SF
Property subtype
Residential Income
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,216
Amenities
great signage location
full basement with shelving for storage or workshop
Listing Agency:
Century 21 McLennan & Company
(978) 815-5522
Listed By:
Juan Ortega
(978) 815-5522
Source:
Exprealty
Added: Jul 6
Changed: Aug 22
Last Checked: Aug 22 at 4:08AM
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 Century 21 McLennan & Company
Investment Insights
Based on property information with market context.
This 2,488-square-foot mixed-use property includes a beauty salon on the first floor and an apartment on the second floor. The layout also provides additional unfinished space on the third level, two attic rooms, and a full basement equipped with shelving.
The basement can accommodate storage or workshop use, while the upper-level areas offer flexibility for additional rooms or storage. The property is located at 30 Bradway Ave, Trenton, NJ 08618.
The basement can accommodate storage or workshop use, while the upper-level areas offer flexibility for additional rooms or storage. The property is located at 30 Bradway Ave, Trenton, NJ 08618.
Key Highlights
- 2,488‑square‑foot mixed‑use property at 30 Bradway Ave, Trenton, NJ 08618
- Beauty salon occupies the first floor
- Apartment located on the second floor
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$37,973
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.23%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$759,460
$759.5K
Cap Rate 7%
$542,471
$542.5K
Cap Rate 9%
$421,922
$421.9K
Market Conditions
NOI Build-Up for 2,488 SF
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.
Gross rent
$74.6K $30.00/SF
− Vacancy
−$5.6K −$2.25/SF
EGI
$69.0K $27.75/SF
− OpEx
−$31.1K −$12.49/SF
NOI
$38.0K $15.26/SF
Area
Mercer County, NJ
Vacancy
7.50%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$759,460
Cap Rate 7%
$542,471
Cap Rate 9%
$421,922
Alternative Uses
Best Use
Apartment 5plus
$542.5K
$474.7K – $632.9K
NOI $37,973 @ 7.0% cap · market cap 7.23%
Second Best
Mixed Use
$469.2K
$410.5K – $547.4K
NOI $32,842 @ 7.0% cap · market cap 6.26%
Theoretical Best
Warehouse
$800.5K
$700.4K – $933.9K
NOI $56,034 @ 7.0% cap · market cap 10.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
729
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-level configuration combines an operating salon with residential space and additional storage areas.
Where is this mixed-use property located?
The property is located at 30 Bradway Ave Trenton, NJ.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 2,488‑square‑foot mixed‑use property at 30 Bradway Ave, Trenton, NJ 08618; Beauty salon occupies the first floor; Apartment located on the second floor
