1116 W State St, Trenton, NJ 08618
Local realty services provided by:Better Homes and Gardens Real Estate Valley Partners
1116 W State St,Trenton, NJ 08618
$475,000
- 5 Beds
- - Baths
- 2,278 sq. ft.
- Multi-family
- Pending
Listed by:james dominic mantuano sr.
Office:keller williams premier
MLS#:NJME2064034
Source:BRIGHTMLS
Price summary
- Price:$475,000
- Price per sq. ft.:$208.52
About this home
Immediate investment opportunity for a highly-profitable, income producing, multi-family residential property in the historic capital city of Trenton. This three-apartment home is conveniently located close to an exit off of Route 29, shopping plazas, and the Delaware River. Tenants enjoy access to beautiful parks and tennis courts within a 5-minute walk, along with a common back yard. Each apartment conveniently has separate meters for utilities, and tenants have been responsible to pay their own heating, gas and electric utility bills. The ground-floor apartment has two bedrooms, each with an individual full bathroom, along with a Living room and dine-in kitchen. The second floor apartment offers two-bedrooms, each with an individual full bathroom, in addition to living room and dine-in kitchen. On the top floor is the third apartment, featuring one bedroom, one bathroom, and a dine-in kitchen area. The conservative rent potential for this multi-family property is $4,600 a month ($1,705for first-floor and $1,700 second-floor unit, and probable $1200 for the top-floor which is empty. Due to local housing needs and recent economic events, higher rents may be possible.
Contact an agent
Home facts
- Year built:1912
- Listing ID #:NJME2064034
- Added:46 day(s) ago
- Updated:September 29, 2025 at 07:25 AM
Rooms and interior
- Bedrooms:5
- Living area:2,278 sq. ft.
Heating and cooling
- Cooling:Wall Unit
- Heating:Baseboard - Hot Water, Natural Gas
Structure and exterior
- Year built:1912
- Building area:2,278 sq. ft.
- Lot area:0.09 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$475,000
- Price per sq. ft.:$208.52
- Tax amount:$8,016 (2024)
New listings near 1116 W State St
- Open Sun, 1 to 3pmNew$315,000Active3 beds 1 baths919 sq. ft.
201 Main St, TRENTON, NJ 08620
MLS# NJME2065788Listed by: IMANI REALTY & ASSOCIATES - Open Sat, 1 to 3pmNew$299,000Active3 beds -- baths1,348 sq. ft.
330 Hillcrest Ave, TRENTON, NJ 08618
MLS# NJME2065254Listed by: COLDWELL BANKER RESIDENTIAL BROKERAGE - PRINCETON - New$249,900Active3 beds 2 baths1,106 sq. ft.
987 Smith Ave, TRENTON, NJ 08610
MLS# NJME2065796Listed by: SMIRES & ASSOCIATES - $134,900Pending2 beds 1 baths766 sq. ft.
227 Hewitt St, TRENTON, NJ 08611
MLS# NJME2065926Listed by: SMIRES & ASSOCIATES - New$130,888Active3 beds 1 baths1,394 sq. ft.
12 Lasalle Ave, TRENTON, NJ 08618
MLS# NJME2065784Listed by: REALTY MARK CENTRAL, LLC - New$249,900Active4 beds 1 baths1,316 sq. ft.
506 N Hermitage Ave, TRENTON, NJ 08618
MLS# NJME2065700Listed by: EKR REALTY LLC - Open Sun, 1 to 3pmNew$270,000Active3 beds 2 baths1,100 sq. ft.
724 William St, TRENTON, NJ 08610
MLS# NJME2065830Listed by: EPIQUE REALTY - New$250,000Active4 beds 2 baths1,204 sq. ft.
541 Emmett Ave, TRENTON, NJ 08629
MLS# NJME2065848Listed by: REDFIN - New$166,400Active2 beds 2 baths1,482 sq. ft.
1006 Martin Luther King Jr Blvd, TRENTON, NJ 08638
MLS# NJME2065850Listed by: REALTY MARK ADVANTAGE - $315,000Pending3 beds 1 baths1,222 sq. ft.
44 Lanning St, TRENTON, NJ 08618
MLS# NJME2065804Listed by: IMANI REALTY & ASSOCIATES