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Multifamily Property Requiring Rehabilitation

823 Carteret Avenue, Trenton, NJ 08618

For Sale
$249,900

The property is offered in as-is condition, with inspections, permits, and the city certificate of occupancy assigned to the buyer.

Property Size2,078 SF
Price / SF$120.26
Days on Market140

Property Features for 823 Carteret Avenue

General Information

Standard status Active
Size 2,078 SF
Property subtype Multi Family Home
Zoning MULTI FAMILY

Taxes and HOA fees

Annual Taxes $1,001

Building Details

Building Size 2,078 SF
Year Built 1920
Units 1
Listing Agency: EKR Realty LLC
Listed By: Reginald Ferguson
Source: Depalmarealty
Added: Jun 23 Changed: Nov 7 Last Checked: Nov 8 at 8:46PM

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 EKR Realty LLC

Rey
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Investment Insights

Based on property information with market context.

This 2,078-square-foot multifamily property in Trenton was built in 1920 and is zoned MULTI FAMILY. The property is being sold as-is and requires rehabilitation.

The buyer is responsible for arranging inspections and permits, as well as obtaining a certificate of occupancy from the City of Trenton.

Key Highlights

  • 2,078‑square‑foot multifamily property
  • Built in 1920
  • Zoned MULTI FAMILY

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

626
Businesses Nearby

Demographics for 08618, NJ

37,544
Population
15,284
Households
2.5
Avg Household Size
34
Median Age
24%
College-Educated
86%
High-School Grad
5.9 sq mi
ZIP Area
6,363
Density / Sq Mi
$48,179
Median Household Income
$33,040
Median Earnings
$1,117
Median Rent
$211,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Multifamily properties in Trenton, NJ

$171 Jul
$167 Aug
$167 Sep
$170 Oct

Properties on Market for Multifamily properties in Trenton

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - The property is offered in as-is condition, with inspections, permits, and the city certificate of occupancy assigned to the buyer.
Where is this multifamily property located?
The property is located at 823 Carteret Avenue Trenton, NJ.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: 2,078‑square‑foot multifamily property; Built in 1920; Zoned MULTI FAMILY
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