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    FOR LEASE
    Commercial real estate

    171 Jersey St, Trenton, NJ 08611

    89,280 SF 3.16 ac lot Built 1950
    Entity Owned Absentee Owner ~ Est. High Equity
    Property ID
    US59-1305528
    Property summary
    AI-generated overview

    This exceptional multi-tenant industrial property, located in Trenton's Urban Enterprise Zone, offers a diverse range of warehouse and office spaces immediately available for lease. The property comprises five buildings totaling 450,000 square feet, with a minimum divisible space of 7,000 square feet and a maximum contiguous space of 57,000 square feet. Currently, 164,679 square feet are vacant, presenting a significant opportunity for businesses seeking flexible and adaptable space. Building features include 22-foot ceiling heights, ample loading docks (5 total), and extensive on-site parking (1,395 spaces) within a fenced area. Specific available spaces include a 12,972 square foot first-floor office and a 15,000 square foot second-floor office in Building 3-A; a 40,000 square foot warehouse with 20-foot clear height and 4 loading docks in Building 36, along with 12,000 square feet of adjacent office space; and 29,000 square feet of contiguous warehouse/office/flex space in Buildings 6 and 7. The property benefits from on-site management, 24-hour maintenance, fiber optic availability, public water and sewer, and comprehensive fire protection. Its strategic location offers easy access to major transportation arteries, including Route 129, I-195, I-295, the New Jersey Turnpike (10 minutes to exit 7A), US-1, and Routes 29 and 206. Furthermore, it enjoys proximity to downtown Trenton (5-minute walk), the Riverline light rail (5-minute walk), bus lines (0.3 miles), and the Northeast Corridor train line (1 mile). The Urban Enterprise Zone designation provides access to economic incentives. This property is a Class C building constructed in 2000, featuring two stories across five buildings.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1950
    Total area 89,280 SF
    Lot 3.16 ac (137,824 SF)
    APN 11 18101-0000-00008
    UPID US59-1305528
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • State Parole Board Probation Office
    • Nursing Home Administration Licensing State Government Office
    • All States Industrial Forklift Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
    • Veterans of Foreign Wars Charitable Organization Social Service Agency
    • Vna Home Care Community Hspce Employment Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $6.49M
    Blend (final) Blend
    $8.31M
    Owner & transaction history
    Endov Associates LLC
    Endov Associates LLC
    1 recorded transaction
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Apartment house (5+ units) $9.5M +48.4%
    Industrial (general) $7.8M +21.4%
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    More about this property
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