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Five-Unit Apartment Building
For Sale
$345,000

542 E State Street, Trenton, NJ 08609

Five-unit building with recent roof replacement, upgraded heating, and unit renovations, positioned near Trenton Transit Center.

Property SizeContact for details
Days on Market258

Property Features for 542 E State Street

General Information

Standard status Active
Property subtype Commercial

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
Source: Actionplusrealty
Added: Dec 9, 2025 Changed: Aug 23 Last Checked: Aug 24 at 6:44AM

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

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.

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

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Bakery (Bike/Boat/Book/etc) Store Garden Center Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

792
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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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 Street 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
More about this property
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