Five-Unit Apartment
For Sale
$345,000
542 E State St, Trenton, NJ 08609
Five-unit building with recent roof replacement, upgraded heating, and unit renovations, positioned near Trenton Transit Center.
Property Size2,534 SF
Price / SF$136.15
Days on Market99
Property Features for 542 E State St
General Information
Standard status
Active
Size
2,534 SF
Additional Details
Highway Access
Yes
Multifamily Units
5
Building Details
Year Built
1920
Listing Agency:
Pott Real Estate, LLC
Listed By:
Roland S. Pott · License #0342277
(609) 793-9639
Source:
Harkesrealty
Added: Jul 17
Changed: Oct 4
Last Checked: Oct 7 at 3:36PM
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 Pott Real Estate, LLC
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Investment Insights
Based on property information with market context.
This five-unit apartment building has undergone minor upgrades within the past year, including a new roof, an upgraded heating system, and unit renovations. The property also has a current green card.
The building is located a block from the Trenton Transit Center, with a very short walk to transit and access to Route 1.
According to the remarks, there is value-add opportunity driven by rent growth, with current rents described as below market as the neighborhood improves.
The building is located a block from the Trenton Transit Center, with a very short walk to transit and access to Route 1.
According to the remarks, there is value-add opportunity driven by rent growth, with current rents described as below market as the neighborhood improves.
Key Highlights
- Five‑unit apartment building built in 1920
- Recent upgrades in the past year include a new roof and an upgraded heating system
- Past year unit renovations completed
Property Analytics
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Lease Details
5
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
792
Businesses Nearby
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Business Placement
Demographics for 08609, NJ
14,867
Population
5,347
Households
2.8
Avg Household Size
33
Median Age
10%
College-Educated
72%
High-School Grad
1.3 sq mi
ZIP Area
11,436
Density / Sq Mi
$56,932
Median Household Income
$36,133
Median Earnings
$1,218
Median Rent
$96,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Five-unit building with recent roof replacement, upgraded heating, and unit renovations, positioned near Trenton Transit Center.
Where is this apartment building located?
The property is located at 542 E State St Trenton, NJ.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Five‑unit apartment building built in 1920; Recent upgrades in the past year include a new roof and an upgraded heating system; Past year unit renovations completed
