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Multifamily Property with Tax Abatement
For Sale
$699,000

609 BRUNSWICK AVENUE, Trenton, NJ 08638

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

Property Size4,600 SF
Price / SF$151.96
Days on Market159

Property Features for 609 BRUNSWICK AVENUE

General Information

Standard status Active
Size 4,600 SF
Property subtype Multi-Family

Taxes and HOA fees

Annual Taxes $7,425

Amenities

Central Air
3
Asphalt
Parking.
On Street.
60.00 x 128.00

Building Details

Year Built 1942
Listing Agency: Coldwell Banker Residential Brokerage-Princeton Jct
Listed By: Candice Lockhart · License #2187766
Source: Xome
Added: Mar 26 Changed: Aug 28 Last Checked: Aug 31 at 1:43PM

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

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Dental Office Accounting Firm Skin Care Clinic

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

Location Intelligence

Trade Area within ½ mile

1,241
Businesses Nearby

Demographics for 08638, NJ

23,548
Population
10,148
Households
2.3
Avg Household Size
38
Median Age
31%
College-Educated
89%
High-School Grad
5.4 sq mi
ZIP Area
4,361
Density / Sq Mi
$65,650
Median Household Income
$40,374
Median Earnings
$1,499
Median Rent
$226,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

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 AVENUE 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.
More about this property
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