479 State StTrenton, NJ 08618

  • Other commercial real estate
  • 8,071 SF
For Sale
$990,000 View listing

Property Details for 479 State St

Year built
1950
Construction
BRICK
Lot size
2.20 AC
Property size (Sq ft)
8,071 SF
Property type
Other commercial real estate
APN
11 03002-0000-00004
APU
1103002000000004

Description

This exceptional 2.2-acre commercial land parcel at 479 W State St, Trenton, NJ (08618) presents a unique development opportunity. Currently under contract for purchase, this property is zoned for commercial use and offers significant potential for a variety of projects. Previously the site of the Trenton Bicycle Club, the property boasts an irregular lot (approximately 100 x 960 feet) providing ample space for creative design. Draft plans exist for a 36-unit mid-rise building incorporating retail space

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,527,349
    Hospitality
    $1,399,043
    Educational
    $1,163,988
    Medical
    $1,204,019
    Retail
    $1,810,648
479 State St, Trenton, New Jersey
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Location Insight

City
Trenton
County
Mercer
State
New Jersey
Latitude
40.226
Longitude
-74.7805
CBSA code
45940
CBSA name
TRENTON-EWING, NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$19,103
$170,200
$179,800
$350,000
-
$170,200
$179,800
$350,000

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