Brick Two-Family
50 MURRAY Street Trenton, NJ 08618
New
For Sale
$229,000
MULTI_FAMILY - Other - TRENTON, NJ
Property Size1,252 SF
Lot Size0.04 Acres
Price / SF$182.91
Days on Market3
Property Features for 50 MURRAY Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement, Dining Room
Parking features
On Street
Interior features
Bathroom - Tub Shower, Dining Area
Appliances
Oven/Range - Gas, Refrigerator
Standard status
Active
Size
1,252 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
3846
Utilities
Heating system
Forced Air
Building Details
Year built
1896
Number of units
2
Building materials
Brick
Architectural style
Other
Listing Agency:
RealtyMark Properties
(856) 322-0200
Listed By:
Keith L Proctor · License #674871
(609) 540-3731
Added: Jul 26
Last Checked: Jul 28 at 5:06AM
MLS# NJME2081040
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.
Investment Insights
Based on property information with market context.
This brick two-family duplex is offered for sale at 50 Murray Street in Trenton, New Jersey. The property features separate utilities for each unit and has had recent upgrades. The seller notes a consistent rental history over the years.
The building sits on a lot size of approximately 0.043 acres and contains about 1,252 square feet of property size. Public remarks indicate the home may qualify for an NJHMF grant of $15,000.
Overall, it is a straightforward two-unit residential income property, configured with utility separation and improvements that support ongoing occupancy.
The building sits on a lot size of approximately 0.043 acres and contains about 1,252 square feet of property size. Public remarks indicate the home may qualify for an NJHMF grant of $15,000.
Overall, it is a straightforward two-unit residential income property, configured with utility separation and improvements that support ongoing occupancy.
Key Highlights
- Two‑family home with brick exterior (built in 1896)
- Separate utilities for each unit
- Gas oven/range and refrigerator included
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
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Brick two-family duplex with separate utilities and recent upgrades, supported by a multi-year rental history.
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: Two‑family home with brick exterior (built in 1896); Separate utilities for each unit; Gas oven/range and refrigerator included
