5-Unit Mixed-Use
685-691 S CLINTON AVENUE Trenton, NJ 08611
For Sale
$629,000
Five-unit mixed-use building with four residences and one restaurant/corner store space, professionally managed and income producing.
Property Size3,468 SF
Price / SF$181.37
Days on Market8
Property Features for 685-691 S CLINTON AVENUE
General Information
Standard status
Active
Size
3,468 SF
Property subtype
Commercial
Building Details
Year Built
1950
Listing Agency:
BHHS Fox & Roach - Robbinsville
(609) 954-8669
Listed By:
Anthony McAnany
(609) 954-8669
Source:
Cummingsrealtors
Added: Jul 22
Changed: Jul 26
Last Checked: Jul 29 at 5:46AM
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 BHHS Fox & Roach - Robbinsville
Investment Insights
Based on property information with market context.
This 5-unit mixed-use property includes four residential units and one restaurant/corner store. The residential mix consists of two 2-bedroom units, one 1-bedroom unit, and one studio. The apartment unit labeled as apartment 3 has been newly updated with a new kitchen, supporting a refreshed residential offering within the building.
The property is located at 685-691 S Clinton Avenue and 125 Dye St in Trenton, NJ. The public remarks also note an income-producing billboard and that the building is clean and professionally managed, with current City registration and a Certificate of Occupancy.
Showings are by appointment only and subject to pre-set tenant showing schedules, with buyer purchase verification required. Interior photos are available with proof of funds and buyer verification for tenant security.
The property is located at 685-691 S Clinton Avenue and 125 Dye St in Trenton, NJ. The public remarks also note an income-producing billboard and that the building is clean and professionally managed, with current City registration and a Certificate of Occupancy.
Showings are by appointment only and subject to pre-set tenant showing schedules, with buyer purchase verification required. Interior photos are available with proof of funds and buyer verification for tenant security.
Key Highlights
- 5‑unit mixed‑use building built in 1950 with four residential units plus one restaurant/corner store space
- Residential mix includes two 2‑bedroom units, one 1‑bedroom unit, and one studio
- Newly updated apartment 3 with a new kitchen
Financial Insights For Specialty Retail
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 | $77.8k | $22.44 |
| − Vacancy | −$3.7k | −$1.08 |
| EGI | $74.1k | $21.36 |
| − OpEx | −$18.5k | −$5.34 |
| NOI | $55.6k | $16.02 |
3,468 SF · lease $22.44/SF/yr · vacancy 4.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$793.8K
$694.6K – $926.1K
NOI $55,565 @ 7.0% cap · market cap 8.83%
Second Best
Apartment 5plus
$756.1K
$661.6K – $882.2K
NOI $52,930 @ 7.0% cap · market cap 8.41%
Theoretical Best
Warehouse
$1.12M
$976.3K – $1.30M
NOI $78,105 @ 7.0% cap · market cap 12.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - Five-unit mixed-use building with four residences and one restaurant/corner store space, professionally managed and income producing.
Where is this mixed-use property located?
The property is located at 685-691 S CLINTON AVENUE Trenton, NJ.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: 5‑unit mixed‑use building built in 1950 with four residential units plus one restaurant/corner store space; Residential mix includes two 2‑bedroom units, one 1‑bedroom unit, and one studio; Newly updated apartment 3 with a new kitchen
