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Three-Unit Residential Income Property
For Sale
Contact for pricing
Pending

829 Carteret Ave, Trenton, NJ 08618

Three rental units with separate utilities and a wrap-around deck, with two units currently leased.

Property SizeContact for details
Days on Market151

Property Features for 829 Carteret Ave

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 67%

Additional Details

Multifamily Units 3

Amenities

wrap around deck
fire escape
Listing Agency: BETTER HOMES&GARDENS RE MATURO
Listed By: Seth Davidson · License #NJ 1755116
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Sep 7 at 3:42AM

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 BETTER HOMES&GARDENS RE MATURO

Investment Insights

Based on property information with market context.

This three-unit residential income property includes one 2-bedroom unit and two 1-bedroom units. The building features a wrap-around deck, and the third-floor unit has a fire escape. According to the information provided, the property has been maintained by a local management company, and two of the three units are currently rented.

Utilities are set up separately. The owner pays for water and sewer, while tenants are responsible for electric and gas.

The current unit mix and rental status may suit buyers looking for a small-scale, professionally managed multifamily holding with established tenancy in place.

Key Highlights

  • Three‑unit investment property with one 2‑bedroom unit and two 1‑bedroom units
  • Two of the three units are currently rented
  • Wrap‑around deck

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
66.7%
Occupancy

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three rental units with separate utilities and a wrap-around deck, with two units currently leased.
Where is this triplex located?
The property is located at 829 Carteret Ave Trenton, NJ.
What are key features of this property?
This property features: Three‑unit investment property with one 2‑bedroom unit and two 1‑bedroom units; Two of the three units are currently rented; Wrap‑around deck
(856) 316-0777 Call to check price and availability
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