Two-Unit Duplex with
New
For Sale
$350,000
343 Cuyler Avenue, Trenton, NJ 08629
An additional unit may be possible, subject to required approvals.
Property Size1,712 SF
Price / SF$204.44
Days on Market6
Property Features for 343 Cuyler Avenue
General Information
Standard status
Active
Size
1,712 SF
Property subtype
Multi-family
Units
Unit Mix
1 x 2BR/2BA, 2 x 2BR/1BA
Multifamily Units
3
Amenities
spacious yard
off-street parking
Building Details
Year Built
1922
Listing Agency:
EXP Realty,LLC
Listed By:
Balbino Morales · License #1865123
(609) 218-1057
Source:
Actionplusrealty
Added: Oct 15
Changed: Oct 19
Last Checked: Oct 19 at 2:29PM
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 EXP Realty,LLC
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Investment Insights
Based on property information with market context.
This updated duplex contains 1,712 square feet and was built in 1922. The first-floor space has two bedrooms, two bathrooms and a fireplace; the second-floor layout has two bedrooms and one bathroom. The lower level adds two bedrooms and one bathroom. Two rental units are currently identified, with the possibility of creating another unit subject to applicable approvals.
The property is at 343 Cuyler Avenue in Trenton’s Villa Park neighborhood. Outdoor space includes a yard, and off-street parking is available.
The property is at 343 Cuyler Avenue in Trenton’s Villa Park neighborhood. Outdoor space includes a yard, and off-street parking is available.
Key Highlights
- Two existing rental units; an additional unit may be possible subject to approvals
- 1,712 square feet; built in 1922
- First‑floor layout: 2 bedrooms, 2 baths and 1 fireplace
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.
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Property Analytics
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,113
Businesses Nearby
Explore this area
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 - An additional unit may be possible, subject to required 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 units; an additional unit may be possible subject to approvals; 1,712 square feet; built in 1922; First‑floor layout: 2 bedrooms, 2 baths and 1 fireplace
