Mixed-Use Property with
New
For Sale
$2,525,000
79-81 OLD AMBOY ROAD, Trenton, NJ 08620
The site combines two warehouse buildings, office space, paved outdoor areas, and a separate residence.
Property Size11,592 SF
Lot Size3.04 Acres
Price / SF$217.82
Days on Market5
Property Features for 79-81 OLD AMBOY ROAD
General Information
Standard status
Active
Size
11,592 SF
Lot size
3.04 Acres
Property subtype
Commercial
Zoning
Highway Commercial (HC)
Site & Location
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Warehouse Space
10,680 SF
Office Build-Out
650 SF
Additional Details
Property Use
Warehouse/Light Industrial
Building Details
Year Built
1973
Listing Agency:
HomeSmart First Advantage Realty
(856) 363-3000
Listed By:
Roman Yuabov
(856) 278-0079
Source:
Cummingsrealtors
Added: Oct 23
Changed: Oct 27
Last Checked: Oct 26 at 2:41PM
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 HomeSmart First Advantage Realty
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Investment Insights
Based on property information with market context.
Two warehouse buildings and a detached single-family residence make up this mixed-use property, with 11,592 square feet of total building area across 3.04 acres. The main warehouse contains 6,480 square feet, including approximately 650 square feet of office area and a mezzanine. Multiple overhead drive-in doors and paved areas support vehicle and equipment storage. A second warehouse measures 4,200 square feet. The residence provides 912 square feet with two bedrooms and one bathroom.
The property comprises two separate tax lots and has 444.81 feet of road frontage. Highway Commercial (HC) zoning is identified for the site. Regional road access includes Route 130, Route 206, I-295, and the New Jersey Turnpike.
The property comprises two separate tax lots and has 444.81 feet of road frontage. Highway Commercial (HC) zoning is identified for the site. Regional road access includes Route 130, Route 206, I-295, and the New Jersey Turnpike.
Key Highlights
- 3.04 acres across two separate tax lots
- 11,592 square feet of total building area
- Main warehouse: 6,480 square feet, including approximately 650 square feet of office space and a mezzanine
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$153,014
Cap Rate
6.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,060,280
$3.1M
Cap Rate 7%
$2,185,914
$2.2M
Cap Rate 9%
$1,700,156
$1.7M
Market Conditions
NOI Build-Up for 11,592 SF
Gross rent
$278.2K $24.00/SF
− Vacancy
−$33.4K −$2.88/SF
EGI
$244.8K $21.12/SF
− OpEx
−$91.8K −$7.92/SF
NOI
$153.0K $13.20/SF
Area
Mercer County, NJ
Vacancy
12.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,060,280
Cap Rate 7%
$2,185,914
Cap Rate 9%
$1,700,156
Alternative Uses
Best Use
Warehouse
$3.73M
$3.26M – $4.35M
NOI $261,070 @ 7.0% cap · market cap 10.34%
Second Best
Mixed Use
$2.19M
$1.91M – $2.55M
NOI $153,014 @ 7.0% cap · market cap 6.06%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
140
Businesses Nearby
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Business Placement
Demographics for 08620, NJ
14,633
Population
4,195
Households
3.5
Avg Household Size
34
Median Age
29%
College-Educated
91%
High-School Grad
9.0 sq mi
ZIP Area
1,626
Density / Sq Mi
$108,732
Median Household Income
$43,958
Median Earnings
$1,490
Median Rent
$341,000
Median Home Value
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The site combines two warehouse buildings, office space, paved outdoor areas, and a separate residence.
Where is this mixed-use property located?
The property is located at 79-81 OLD AMBOY ROAD Trenton, NJ.
What is the asking price?
The asking price for this property is $2,525,000.
What are key features of this property?
This property features: 3.04 acres across two separate tax lots; 11,592 square feet of total building area; Main warehouse: 6,480 square feet, including approximately 650 square feet of office space and a mezzanine
