5-Unit Mixed-Use
685691 S CLINTON AVENUE Trenton, NJ 08611
For Sale
$629,000
Five-unit property with four residences and a restaurant/corner store, including an updated apartment and billboard income.
Property Size3,468 SF
Price / SF$181.37
Days on Market10
Property Features for 685691 S CLINTON AVENUE
General Information
Standard status
Active
Size
3,468 SF
Property subtype
Multi-Family
Building Details
Year Built
1950
Listing Agency:
(609) 954-8669
Listed By:
Robbinsville
(609) 954-8669
Source:
Xome
Added: Jul 20
Changed: Jul 26
Last Checked: Jul 29 at 4:56AM
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 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 features two 2-bedroom units, one 1-bedroom unit, and one studio unit. One of the apartments (Apartment 3) has been newly updated with a new kitchen.
The property is listed as 685–691 S Clinton Ave and 125 Dye St. The offering also includes an income-producing billboard. The asset is described as clean and professionally managed, with current City registration and a Certificate of Occupancy (CO).
According to the seller, the property is currently producing positive net operating income, with additional upside noted. Showings are by appointment only and subject to pre-scheduled tenant showing times. Buyer purchase verification and proof of funds are required for tenant security.
The property is listed as 685–691 S Clinton Ave and 125 Dye St. The offering also includes an income-producing billboard. The asset is described as clean and professionally managed, with current City registration and a Certificate of Occupancy (CO).
According to the seller, the property is currently producing positive net operating income, with additional upside noted. Showings are by appointment only and subject to pre-scheduled tenant showing times. Buyer purchase verification and proof of funds are required for tenant security.
Key Highlights
- 5‑unit mixed‑use property: 4 residential units and 1 restaurant/corner store
- Two 2‑bedroom units, one 1‑bedroom unit, and one studio unit
- 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
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
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Five-unit property with four residences and a restaurant/corner store, including an updated apartment and billboard income.
Where is this quadplex located?
The property is located at 685691 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 property: 4 residential units and 1 restaurant/corner store; Two 2‑bedroom units, one 1‑bedroom unit, and one studio unit; Newly updated apartment 3 with a new kitchen
