Duplex with Potential Third
New
For Sale
Under Contract
$350,000
343 CUYLER Avenue, Trenton, NJ 08629
Multi-Family, TRENTON, NJ
Property Size1,712 SF
Lot Size0.15 Acres
Price / SF$204.44
Days on Market6
Property Features for 343 CUYLER Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Driveway, On Street
Fireplace
1
Subdivision
VILLA PARK
Elementary school district
TRENTON PUBLIC SCHOOLS
Middle school district
TRENTON PUBLIC SCHOOLS
High school district
TRENTON PUBLIC SCHOOLS
Standard status
Active Under Contract
Size
1,712 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Annual Amount
4735
Utilities
Heating system
Baseboard, Hot Water(Heating)
Cooling system
Window Unit(s)
Amenities
yard
fireplace
off-street parking
Building Details
Year built
1922
Number of units
2
Building materials
Frame, Vinyl Siding
Architectural style
Other
Listing Agency:
EXP Realty, LLC
(866) 201-6210
Listed By:
Balbino Morales · License #1865123
(609) 218-1057
Added: Oct 17
Changed: Oct 21
Last Checked: Oct 22 at 7:06AM
MLS# NJME2085116
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,712-square-foot duplex, built in 1922, has two existing units described as rental-ready. The first-floor layout has two bedrooms, two bathrooms, and a fireplace; the second floor has two bedrooms and one bathroom. The lower level is described with two bedrooms and one bathroom. A third income-producing unit may be possible, subject to applicable approvals.
The property occupies a 0.146-acre lot and includes driveway parking, with additional on-street parking available. Heating is provided by baseboard and hot water systems, and window units provide cooling.
The property occupies a 0.146-acre lot and includes driveway parking, with additional on-street parking available. Heating is provided by baseboard and hot water systems, and window units provide cooling.
Key Highlights
- Two existing rental‑ready units
- Potential for a third unit, subject to applicable approvals
- 1,712 square feet on a 0.146‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,254
Cap Rate
8.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$605,080
$605.1K
Cap Rate 7%
$432,200
$432.2K
Cap Rate 9%
$336,156
$336.2K
Market Conditions
NOI Build-Up for 1,712 SF
Gross rent
$46.2K $27.00/SF
− Vacancy
−$3.0K −$1.76/SF
EGI
$43.2K $25.25/SF
− OpEx
−$13.0K −$7.57/SF
NOI
$30.3K $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%
$605,080
Cap Rate 7%
$432,200
Cap Rate 9%
$336,156
Alternative Uses
Best Use
Multifamily LT 5
$432.2K
$378.2K – $504.2K
NOI $30,254 @ 7.0% cap · market cap 8.64%
Second Best
Apartment 5plus
$373.3K
$326.6K – $435.5K
NOI $26,129 @ 7.0% cap · market cap 7.47%
Theoretical Best
Warehouse
$550.8K
$482.0K – $642.6K
NOI $38,557 @ 7.0% cap · market cap 11.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,113
Businesses Nearby
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Business Placement
Demographics for 08629, NJ
13,359
Population
4,559
Households
2.9
Avg Household Size
34
Median Age
15%
College-Educated
75%
High-School Grad
0.8 sq mi
ZIP Area
16,699
Density / Sq Mi
$81,367
Median Household Income
$39,278
Median Earnings
$1,263
Median Rent
$149,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two existing units offer rental income potential, with a possible third unit subject to applicable approvals.
Where is this duplex located?
The property is located at 343 CUYLER Avenue Trenton, NJ.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two existing rental‑ready units; Potential for a third unit, subject to applicable approvals; 1,712 square feet on a 0.146‑acre lot
