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Mixed-Use Building with Storefront

TRENTON, NJ 08611 Trenton, NJ 08611

Claim this Listing
For Sale
$625,000

MULTI_FAMILY - TRENTON, NJ

Type:Single Family Residence
Property size:
3,501 SF
Price / SF:
$178.52/SF
Added:
Jun 8, 2026
Days on Market:
37
Last Refresh:
Jul 14 at 10:06 am

Property Features

General Information

Property type
Residential Multi Family
Property subtype
Single Family Residence
Standard status
Active
Size
3,501 SF

Building Details

Year built
1950

Listing agent Patrick McShane License #8543680

Listing office BHHS Fox & Roach Robbinsville Sales Office NJ

Listing date Jun 8, 2026

MLS# NJME2078740

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 mixed-use property offers three apartments and a storefront, along with a large storage room in the rear that has its own access and may support additional income. The building includes recent improvements such as a new sewer line run from the street through the building, a new water line, and new central air on the first floor. Life-safety and exterior updates include a monitored smoke detection system with strobe lights, new security lighting, new gutters, and new sidewalk and entrance concrete work. The storefront has new laminate flooring and fresh paint, and the third-floor apartment has been renovated, painted, and features a new shower.

The property is located in Trenton, NJ 08611. Reported rents in the listing include $2,000 per month for the storefront and $1,000 per month for each apartment unit noted as the 2-bedroom and the two 1-bedroom units.

The seller indicates they may be willing to hold paper for a qualified purchaser.

Key Highlights

  • Mixed‑use building built in 1950 with 3 apartments plus a storefront
  • Storefront rents at $2,000/month and includes new laminate flooring and fresh paint
  • Apartment rents include $1,000/month for a 2‑bedroom unit and $1,000/month for two 1‑bedroom units

Local Financial Insights For Apartment 5plus

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 $105.0k $30.00
− Vacancy −$7.9k −$2.25
EGI $97.2k $27.75
− OpEx −$43.7k −$12.49
NOI $53.4k $15.26
3,501 SF · lease $30.00/SF/yr · vacancy 7.50% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$883.8K
$773.4K – $1.03M (±1% cap)
NOI $61,868 @ 7.0% cap · market cap 9.90%
Second Best
Apartment 5plus
$763.3K
$667.9K – $890.6K (±1% cap)
NOI $53,434 @ 7.0% cap · market cap 8.55%
Theoretical Best
Warehouse
$1.13M
$985.6K – $1.31M (±1% cap)
NOI $78,848 @ 7.0% cap · market cap 12.62%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

FAQs

What type of property is this?
Triplex - Three apartments and a storefront with rear storage; recent plumbing, HVAC, and life-safety upgrades.
Where is this triplex located?
The property is located at Trenton, NJ.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Mixed‑use building built in 1950 with 3 apartments plus a storefront; Storefront rents at $2,000/month and includes new laminate flooring and fresh paint; Apartment rents include $1,000/month for a 2‑bedroom unit and $1,000/month for two 1‑bedroom units
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