Renovated 2-Unit
327 RUTHERFORD AVE, Trenton, NJ 08618
For Sale
New
$300,000
Both apartments have two bedrooms and one bathroom, with gas and electric service separated between units.
Property Size1,480 SF
Price / SF$202.70
Days on Market4
Property Features for 327 RUTHERFORD AVE
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Listing Agency:
NJ Capital Realty LLC
(609) 394-1114
Listed By:
Jerome Beckworth · License #8745170
(609) 933-5024
Source:
360
Added: Nov 6
Last Checked: Nov 8 at 5:48AM
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
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Investment Insights
Based on property information with market context.
At 327 Rutherford Ave in Trenton, this 1,480-square-foot duplex contains two vacant apartments, each with two bedrooms and one bathroom. The first-floor residence includes a full kitchen and an open living area. Renovations include updated kitchens and bathrooms, modern flooring, and new mechanical systems.
Gas and electric utilities are split between the units, and the property has no shared water-heating costs.
Gas and electric utilities are split between the units, and the property has no shared water-heating costs.
Key Highlights
- 1,480‑square‑foot duplex with two vacant apartments
- Each unit has 2 bedrooms and 1 bathroom
- First‑floor unit includes a full kitchen and open living area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,154
Cap Rate
8.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$523,080
$523.1K
Cap Rate 7%
$373,629
$373.6K
Cap Rate 9%
$290,600
$290.6K
Market Conditions
NOI Build-Up for 1,480 SF
Gross rent
$40.0K $27.00/SF
− Vacancy
−$2.6K −$1.76/SF
EGI
$37.4K $25.25/SF
− OpEx
−$11.2K −$7.57/SF
NOI
$26.2K $17.67/SF
Area
Mercer County, NJ
Vacancy
6.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$523,080
Cap Rate 7%
$373,629
Cap Rate 9%
$290,600
Alternative Uses
Best Use
Multifamily LT 5
$373.6K
$326.9K – $435.9K
NOI $26,154 @ 7.0% cap · market cap 8.72%
Second Best
Apartment 5plus
$322.7K
$282.4K – $376.5K
NOI $22,589 @ 7.0% cap · market cap 7.53%
Theoretical Best
Warehouse
$476.2K
$416.7K – $555.5K
NOI $33,332 @ 7.0% cap · market cap 11.11%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,207
Businesses Nearby
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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
$211,800
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Trenton, NJ
Properties on Market for Duplexes in Trenton
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both apartments have two bedrooms and one bathroom, with gas and electric service separated between units.
Where is this duplex located?
The property is located at 327 RUTHERFORD AVE Trenton, NJ.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 1,480‑square‑foot duplex with two vacant apartments; Each unit has 2 bedrooms and 1 bathroom; First‑floor unit includes a full kitchen and open living area
