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Multifamily Property with Tax Abatement

609 Brunswick Ave Trenton, NJ 08638

609 Brunswick Ave, Trenton, NJ, 08638
$699,000
For Sale
$699,000

Income-generating multifamily property with transferable tax abatement until 2026.

Property Size4,600 SF
Price / SF$151.96
Days on Market111

Property Features for 609 Brunswick Ave

General Information

Standard status
Active
Size
4,600 SF
Property subtype
Commercial

Building Details

Year Built
1942
Listing Agency COLDWELL BANKER RESIDENTIAL BROKERAGE-PRINCETON JCT
Listed by CANDICE LOCKHART
Source Corcoran
Added: Mar 29 Checked: Jul 17 at 3:45 am

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 COLDWELL BANKER RESIDENTIAL BROKERAGE-PRINCETON JCT


Investment Insights

Based on property information with market context.

This multifamily property features approximately 4,600 square feet of living space across two buildings, equipped with central air and heat. It comprises four two-bedroom units and one one-bedroom unit, each with separated utilities. This setup allows for multiple income streams or flexible living arrangements. The property includes architectural plans for converting an attached storage area with plumbing into a sixth unit or adding additional beds and baths to the adjacent one-bedroom unit, offering further income-generating potential. A transferable tax abatement, which does not expire until December 31, 2026, provides potential cost savings for the new owner, enhancing the investment's financial viability. Two units will be delivered vacant.

Key Highlights

  • Transferrable tax abatement expiring 12/31/2026 offers potential cost savings.
  • Multiple income streams possible with (4) two‑bedroom units and (1) one‑bedroom unit, each with separated utilities.
  • Approximately 4,600 square feet of living space across two buildings.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Gym & Fitness Center Dental Office Accounting Firm Skin Care Clinic Cafe & Coffee Shop Spa & Massage Center Nursing Home Acupuncture

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Income-generating multifamily property with transferable tax abatement until 2026.
Where is this apartment building located?
The property is located at 609 Brunswick Ave Trenton, NJ.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Transferrable tax abatement expiring 12/31/2026 offers potential cost savings.; **Multiple income streams possible** with (4) two‑bedroom units and (1) one‑bedroom unit, each with separated utilities.; Approximately 4,600 square feet of living space across two buildings.
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