Quadplex With Mixed-Use Corner
New
For Sale
$629,000
685-691 S CLINTON AVENUE, Trenton, NJ 08611
MULTI_FAMILY - TRENTON, NJ
Property Size3,468 SF
Price / SF$181.37
Days on Market5
Property Features for 685-691 S CLINTON AVENUE
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Standard status
Active
Size
3,468 SF
Building Details
Year built
1950
Listing Agency:
BHHS Fox & Roach Robbinsville Sales Office · Berkshire Hathaway HomeServices
(609) 890-3300
Listed By:
Anthony McAnany · License #1752745
(609) 954-8669
Added: Aug 1
Last Checked: Aug 5 at 11:06AM
MLS# NJME2081608
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This quadplex includes four residential units and a restaurant/corner store. The residential mix is two 2-bedroom units, one 1-bedroom unit, and one studio. One apartment was newly updated with a new kitchen. The property is professionally managed, with current city registration and a certificate of occupancy. The property is described as generating positive net operating income with room to grow.
The building is addressed at 685–691 S Clinton and 125 Dye St in Trenton, NJ, Mercer County. An income-producing billboard is also included. Showings are by appointment only and subject to tenant showing schedules, with buyer purchase verification required.
Built in 1950, the property totals 3,468 square feet. Interior photos are available with proof of funds and buyer verification for tenant security.
The building is addressed at 685–691 S Clinton and 125 Dye St in Trenton, NJ, Mercer County. An income-producing billboard is also included. Showings are by appointment only and subject to tenant showing schedules, with buyer purchase verification required.
Built in 1950, the property totals 3,468 square feet. Interior photos are available with proof of funds and buyer verification for tenant security.
Key Highlights
- Four residential units plus restaurant/corner store at 685–691 S Clinton and 125 Dye St
- Two 2‑bedroom units, one 1‑bedroom unit, and one studio
- Newly updated apartment 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
Multifamily LT 5
$875.5K
$766.1K – $1.02M
NOI $61,285 @ 7.0% cap · market cap 9.74%
Second Best
Specialty Retail
$793.8K
$694.6K – $926.1K
NOI $55,565 @ 7.0% cap · market cap 8.83%
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
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,180
Businesses Nearby
Explore this area
Business Placement
Demographics for 08611, NJ
31,531
Population
11,638
Households
2.7
Avg Household Size
32
Median Age
16%
College-Educated
70%
High-School Grad
2.9 sq mi
ZIP Area
10,873
Density / Sq Mi
$50,806
Median Household Income
$29,185
Median Earnings
$1,300
Median Rent
$142,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units plus restaurant/corner store, professionally managed with current city registration and a certificate of occupancy.
Where is this quadplex 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: Four residential units plus restaurant/corner store at 685–691 S Clinton and 125 Dye St; Two 2‑bedroom units, one 1‑bedroom unit, and one studio; Newly updated apartment with a new kitchen
