Financial
Distress signals
Property profile

1013 State St Trenton, NJ 08608

FOR SALE
Other commercial real estate
Property ID
US59-1008424
2,214 SF 0.12 ac lot Built 1927
Last sale Mar 2024 · $135,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A retail storefront commercial space located at 1013 State in Trenton, New Jersey. The property is configured for street-facing retail use and is designed to support a dedicated commercial tenant presence.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$5k
Tax billed · 2022
Assessed value · 2023$91k
Assessed land$53k
Assessed improvement$38k
Effective rate5.46%

Value estimate

· Sep 2026
$135k
$122k – $149k
AI approach$135k
NOI build-up
Gross scheduled income$10k
Vacancy & credit loss−$707
Operating expenses−$3k
NOI · 592.80% cap applied$6k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$81/SF
ZIP average, outlier-cleaned · 64 recorded sales of this use type
Observed band · Q1–Q3$44 – $125
Qualifying comparables8

Cap rate analysis

How does the asset earn?
592.80%
$6k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMERCER

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency37.2
Law Firm20.9
Dental Office19.8

Location

1013 State St Trenton, NJ 08608
County assessor Recorded deeds · 1 transfer 8 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1837 Greenwood, Hamilton, NJ 08609-2322 $450,000 Feb 2025 2,792 SF
1755 Roberts, Hamilton, NJ 08609 $245,000 Dec 2024 2,052 SF
1518 Greenwood, Hamilton, NJ 08609-2302 $235,000 Sep 2024 2,115 SF
1841 Greenwood, Hamilton, NJ 08609-2322 $335,000 Sep 2024 2,672 SF
1116 Nottingham, Hamilton, NJ 08609-1904 $190,000 Mar 2024 2,355 SF
379 Hamilton, Trenton, NJ 08609-2728 $450,000 Jan 2024 2,856 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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