New Price! 189 Pennington Avenue presents a compelling investment opportunity with significant upside potential through strategic management and market repositioning. This mixed-use property comprises residential and commercial units, offering a balanced and diversified income stream. First floor unit approximately 500 sq ft, 1 bedroom 1 bathroom. Renting at $1,225/mo. Second Floor Unit, 3 bedrooms including finished attic. Approximately 1,500 sq. ft. renting at $1,160/mo. which is significantly below market value with older couple currently staying there for 10+ years. Market rent is $1,800 for 3 bedroom. The commercial unit, currently operating as a hair salon, is rented at $850/month, also below market value of $1,000/mo. There is an opportunity to negotiate future lease agreements in line with market escalations, potentially increasing income by 20-25%. The property's gross annual rental income potential, if all units are rented at current rates, is $38,820. However, with adjustments to market rent rates, the projected annual income could rise to $48,300. Recent renovations and market adjustments enhance operational efficiency, providing a strategic advantage for increased net operating income (NOI). The mixed-use nature of the property reduces vacancy risks and enhances overall financial stability, making it an attractive option for real estate investors. In a revitalizing area, 189 Pennington Avenue offers promising growth in rental income and property value, making it a lucrative investment opportunity. Should you need assistance finding a mixed use loan the current owner is happy to assist.
A spacious commercial building situated in the heart of Downtown Trenton, formerly operated as a thriving beauty supply store boasting significant foot traffic. The property includes two sizable units on the second and third floors, offering versatile potential for conversion into either four apartments or commercial office spaces. The upstairs units feature appealing floor plans conducive to various layouts. Additionally, the property encompasses a generously-sized basement ideal for storage purposes. Awaiting its new owner to unlock its full potential. Property currently needs complete renovations in 2nd and 3rd floor and ready to operate in commercial 1st floor unit.
A spacious commercial building situated in the heart of Downtown Trenton, formerly operated as a thriving beauty supply store boasting significant foot traffic. The property includes two sizable units on the second and third floors, offering versatile potential for conversion into either four apartments or commercial office spaces. The upstairs units feature appealing floor plans conducive to various layouts. Additionally, the property encompasses a generously-sized basement ideal for storage purposes. Awaiting its new owner to unlock its full potential. Property currently needs complete renovations in 2nd and 3rd floor and ready to operate in commercial 1st floor unit.
*Rare Opportunity* to own a 2.7 acre lot in desirable Lawrence Twp! Zoned R-1, offering 200+ feet of frontage on Bunker Hill Rd. A portion has been delineated as wetlands and will require addtl permitting for building approval. Nearby shopping, dining, schools, parks, trails, Rider University and more! Come & see today!
ATTENTION INVESTORS. Huge semi waiting for your rehab in up and coming Trenton. Fix and Flip or fix and rent. NO ELECTRIC IN PROPERTY SO BRING FLASHLIGHT AND USE EXTREME CAUTION.-you are entering at your own risk. Property sold in 'AS IS' condition. Buyer responsible for Trenton certificate of occupancy and any certifications. Owner will not make any repairs. Cash only. Old off street parking from alley in rear. Attached semi is occupied.
ATTENTION INVESTORS. Huge semi waiting for your rehab in up and coming Trenton. Lots happening in the neighborhood. Close to downtown renovations. Fix and Flip, fix and rent or rehab conversion to multifamily with zoning approvals..Property in NR3 high density zone according to Trenton Master Plan NO ELECTRIC IN PROPERTY SO BRING FLASHLIGHT AND USE EXTREME CAUTION. you are entering at your own risk. Property sold in 'AS IS' condition. Buyer responsible for Trenton certificate of occupancy and any certifications. Owner will not make any repairs. Cash only.
Spacious! 3 bedroom, 1.5 bath! As you tour this home, let your imagination run free as you envision the endless possibilities this home has to offer! This is a GREAT opportunity for the savvy investor OR an owner occupant who is prepared to renovate and make this house THEIR home! Features include, but not limited to: Living room, separate dining room, study (library), walk-up attic and unfinished basement and fenced in yard with a shed. Property is being conveyed as-is. Make your appointment today!
Strategic highway corner, Prime location with All public utilities⦠Currently zoned redevelopment which will permit many possible uses. Good size parcel 115,000 sf with strong highway visibility.
This renowned and iconic building is currently undergoing an extensive renovation, encompassing new fire escapes, refreshed exterior stucco, upgraded windows, and a brand-new roof. The project includes the transformation of five residential rental units, a street-accessible retail space, and a former restaurant. With construction now 90% complete, the building has also been equipped with eight electric meters. This offering includes lots 00002.01 and 00003. construction is 90% completed.
This Villa Park Colonial is currently rented until 12.31.2024 for $1700 per month. Welcome to Villa Park... where charm meets comfort in this delightful, colonial style home. This inviting residence boasts three bedrooms and one full bath, spanning across 1422 square feet, this single home provides ample space for comfortable living. Upon entering, you're greeted by a spacious living room, perfect for relaxation or entertaining guests. The formal dining room provides an elegant setting for special occasions and gatherings. There is also an eat-in-kitchen for everyday meals. Ascend to the walk-up attic, a versatile area ideal for storage or potential expansion to suit your needs. Hardwood floors add warmth and character throughout most of the home, while the vinyl siding ensures low maintenance and durability. Outside, a large covered front porch beckons you to unwind and enjoy the peaceful surroundings. A one-car detached garage and a long driveway, accommodating up to three cars, offer convenient parking options. Completing the picture is a full basement, providing additional storage space or potential for customization according to your preferences. Whether you're seeking a cozy retreat or a place to call home, this charming colonial-style residence in Villa Park offers comfort, convenience, and timeless appeal.
Courtesy: EXP REALTY, LLC
Welcome to this exceptional multi-family listing in Trenton, NJ, offering the perfect opportunity for investors seeking a promising income-generating property. Nestled in a convenient locale, this two-unit residence is a prime asset for any real estate portfolio. Unit 1 welcomes with its cozy yet functional layout, boasting one bedroom, one bathroom, a well-appointed kitchen, and a spacious dining area. Designed for optimal space utilization, it ensures a comfortable living experience for tenants. Unit 2 offers enhanced privacy and convenience with its separate rear entrance. Featuring two bedrooms, a generously sized eat-in kitchen, a modern bathroom, and a finished attic space, this unit presents versatile possibilities. With existing tenants in place, this property promises immediate income potential, making it an enticing investment opportunity for both seasoned investors and newcomers alike. Secure your slice of stable and profitable real estate in Trenton today!
Welcome to this exceptional multi-family listing in Trenton, NJ, offering the perfect opportunity for investors seeking a promising income-generating property. Nestled in a convenient locale, this two-unit residence is a prime asset for any real estate portfolio. Unit 1 welcomes with its cozy yet functional layout, boasting one bedroom, one bathroom, a well-appointed kitchen, and a spacious dining area. Designed for optimal space utilization, it ensures a comfortable living experience for tenants. Unit 2 offers enhanced privacy and convenience with its separate rear entrance. Featuring two bedrooms, a generously sized eat-in kitchen, a modern bathroom, and a finished attic space, this unit presents versatile possibilities. With existing tenants in place, this property promises immediate income potential, making it an enticing investment opportunity for both seasoned investors and newcomers alike. Secure your slice of stable and profitable real estate in Trenton today!
beautiful five-bedroom brick twin, The property is located directly across the street from Cadwalder Park. features an open front porch, living room w/fireplace, dining room, eat-in kitchen, full basement, & more. Being sold in strictly "as is" Showing Saturday from 1 pm to 3 pm Showing Sunday from 1 pm to 3 pm Tenate Accupid.
RM-1 Zone which allows for a 2 Family to be built here. Around 2,270 sq ft of vacant land located in the Berkeley Square neighborhood of Trenton. A few blocks from NJ Transit bus stop, less than 2.5 miles from Trenton Transit Center and less than 5 miles away from Trenton-Mercer Airport. Property was formally a multi-family brick dwelling prior to demolition.
Great Opportunity to own this mixed use property. 3 apartments and a storefront with huge storage room in rear that could possibly bring in additional rent, it has it's on access. Fully occupied. Rents: $1,600/month for storefront $ 900/month for 2 bedroom $ 850/month for two 1 bedroom units
Unrivaled Development Opportunity - Ideal for Investors and Developers Presenting an exceptional 1.42 acre parcel, a canvas for a transformative mixed-use development. This property boasts existing structures poised for redevelopment, offering an unprecedented opportunity in the heart of Trenton. Included is a coveted Statement of Support from the City of Trenton, affirming the viability of a proposed complex within the esteemed Canal Banks Redevelopment Area. Envision a stunning 224-unit apartment edifice harmonized with strategically positioned commercial spaces, meticulously designed to cater to the discerning needs of residents, providing an array of sought-after amenities. This unparalleled offering invites forward-thinking investors and developers to leave an indelible mark on the cityscape, capitalizing on the city's vision for progressive urban expansion. The time is now. Please call.
A great home for your business! Well maintained 4,000 sf single story building- currently configured as 2,400 sf office/retail space with 1,600 sf flex/warehouse/manufacturing space plus 400 sf garage for additional storage. Great visibility on Route One with prominent signage available. Improvements include: New HVAC system 2024; New Roof 2023; New sewer line 2023; LED lighting in office areas - 2022. Sale or Lease
Endless possibilities. Sizable contiguous Industrial land available with over 1000 feet road frontage. All public utilities (water, sewer, high-power electricity, gas) on site with No moratoriums. Multistory and many other possible uses- see recent preliminary conceptual designs. Parcels are contiguous and approximately 330,000 sq. ft., known as lots 16-21, with a legal address of 28-38 Thomas J. Rhodes Industrial Drive. ample parking for your industrial use, warehouse, cannabis manufacturing/cultivation center or parking facility all possible. Available as either a long-term Ground Lease or Outright purchase. Site situated near Federal Express Distribution Center and all major highways
4 Bedrooms, 1.5 baths row home near Hamilton Township/Lawrence Township. Ceramic Tiled Kitchen, Dining Room, and bathrooms. Home in good condition and has Spacious rooms and a yard, basement.Very convenient location near route 1 for commuting, shopping and other community amenities. Property being sold in strictly as is where is condition. Buyers responsible for all repairs, certificate of occupancy at their own cost and expense.ad
Property is in need of a Total Rehab . Once rehabbed, this 5 bedroom will rent for nearly $3.000.00 per month. Property being sold in "AS IS WHERE IS CONDITION." Buyer is responsible for all inspections, permits, and CO Certificate from the City of Trenton.
Courtesy: EXIT Realty East Coast Shirvanian
732-946-2000
Marcia Lentini
Vacant Land, calling all builders 0.28 acres of land available for Residential-Professional-Commercial use. Great location.
9800 SF single story industrial warehouse building with office area and half bath on 1.2 acres. 3-phase 800 amp electric, city utilities, gas-fired hot air heat. 2 drive-in doors (10' x 13'), 1 tailboard, 20' ceiling. Easy access to Rt. 1, Rt. 206, I-295, Trenton train station.
SELLER CAN HOLD A LOAN FOR 90 % . Across Mercer community college , GREAT RETAIL LOCATION! Approximately 3,000 square feet of office or retail space or other type of business . This is zoned mixed use as a commercial and residential property and can be used for any variety of retail businesses. Second and 3rd floor has a 3 bedroom apartment. New roof 2021. on the big street , Owner is in the process of painting. Ideal location in downtown Trenton, across from the Community College . 3 story building . 1st floor : vacant now , it was a nail salon , smoke shop before ,1 bathroom , There is a door going out to the back . 2nd & 3rd floor : 3 beds apartment , The seller is related to the broker, If the tenant wants to rent for 2nd & 3rd floor , It will be $700.00 extra so $2,700.00 for a whole building, available for sale too.
Location! Location! Location! This stately three-story office building is situated along historic brownstone row in the heart of the city's capitol complex. Located directly across from the New Jersey State House/Annex and walking distance to various state offices, ideal home for law firms, lobbyists and organizations/associations that do business with the State. The spacious open floor plan consists of 7 individual offices, 2 conference rooms, 2 common areas, storage room,3 bath, ample off-street parking. Easily accessed from major roadways, Routes 1 & 29, 295, 195, NJ Turnpike.
All information provided is deemed reliable but is not guaranteed and should be independently verified. Such information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Monmouth County MLS
Trenton is located in New Jersey. Trenton, New Jersey has a population of 90,097. Trenton is less family-centric than the surrounding county with 22.55% of the households containing married families with children. The county average for households married with children is 32.83%.
The median household income in Trenton, New Jersey is $39,718. The median household income for the surrounding county is $85,687 compared to the national median of $69,021. The median age of people living in Trenton is 36.1 years.
The average high temperature in July is 85.4 degrees, with an average low temperature in January of 22.1 degrees. The average rainfall is approximately 47.5 inches per year, with 19.9 inches of snow per year.
