Brick Two-Unit
50 MURRAY STREET Trenton, NJ 08618
New
For Sale
$229,000
Brick two-unit duplex with separate utilities and a consistent rental history, built in 1896.
Property Size1,252 SF
Price / SF$182.91
Days on Market6
Property Features for 50 MURRAY STREET
General Information
Standard status
Active
Size
1,252 SF
Property subtype
Duplex
Building Details
Year Built
1896
Listing Agency:
RealtyMark Properties
(609) 540-3731
Listed By:
Keith L Proctor · License #674871
(609) 540-3731
Source:
Cummingsrealtors
Added: Jul 25
Changed: Jul 29
Last Checked: Jul 29 at 6:15PM
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 RealtyMark Properties
Investment Insights
Based on property information with market context.
This brick two-unit duplex offers a straightforward layout for owner-occupants or investors, with separate utilities for each unit. The property has a consistent rental history and includes many recent upgrades, supported by ongoing improvements described in the remarks.
Built in 1896, the building totals 1,252 square feet. Separate utility setups can be beneficial for operational control and tenant billing simplicity, while the brick exterior provides durable exterior character.
Whether you’re looking to occupy one unit while renting the other or evaluating the property as a rental, the combination of separate utilities, a documented rental history, and recent upgrades supports practical day-to-day use. The property is identified as 50 Murray Street, Trenton, NJ 08618.
Built in 1896, the building totals 1,252 square feet. Separate utility setups can be beneficial for operational control and tenant billing simplicity, while the brick exterior provides durable exterior character.
Whether you’re looking to occupy one unit while renting the other or evaluating the property as a rental, the combination of separate utilities, a documented rental history, and recent upgrades supports practical day-to-day use. The property is identified as 50 Murray Street, Trenton, NJ 08618.
Key Highlights
- Brick two‑unit duplex with separate utilities for each unit
- Consistent rental history described over the years
- Recent upgrades throughout the building
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 | $37.6k | $30.00 |
| − Vacancy | −$2.8k | −$2.25 |
| EGI | $34.7k | $27.75 |
| − OpEx | −$15.6k | −$12.49 |
| NOI | $19.1k | $15.26 |
1,252 SF · lease $30.00/SF/yr · vacancy 7.50% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$316.1K
$276.6K – $368.8K
NOI $22,125 @ 7.0% cap · market cap 9.66%
Second Best
Apartment 5plus
$273.0K
$238.9K – $318.5K
NOI $19,109 @ 7.0% cap · market cap 8.34%
Theoretical Best
Warehouse
$402.8K
$352.5K – $470.0K
NOI $28,197 @ 7.0% cap · market cap 12.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Brick two-unit duplex with separate utilities and a consistent rental history, built in 1896.
Where is this duplex located?
The property is located at 50 MURRAY STREET Trenton, NJ.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: Brick two‑unit duplex with separate utilities for each unit; Consistent rental history described over the years; Recent upgrades throughout the building
