724 Division St, Trenton, NJ 08611

Trenton
Local realty services provided by:Better Homes and Gardens Real Estate Community Realty
724 Division St,Trenton, NJ 08611
$899,999
  • 7 Beds
  • - Baths
  • 4,905 sq. ft.
  • Multi-family
  • Active
Listed by: andrei essam mounir gayed, david elijah beaty
Office: century 21 alliance-moorestown
MLS#:NJME2069098
Source:BRIGHTMLS

Price summary

  • Price:$899,999
  • Price per sq. ft.:$183.49

About this home

Introducing 724 Division Street, a turnkey 6-unit commercial/multifamily property located in the heart of Trenton, NJ. This well-maintained investment opportunity offers a strong in-place rent roll, additional parking income, and minimal owner expenses — ideal for investors seeking reliable cash flow and long-term asset appreciation. Fantastic investment opportunity! Five units are 1 bed/1 bath, and the sixth unit is a 2 bed/1 bath. Parking lot currently rented for $750/month, bringing total gross monthly income to $8,796. Annual net income of $82,244 after expenses with a 9.1% cap rate! !!!!!!Estimated Section 8 rents could generate $10,050/month, producing an annual net income of $106,292 after expenses and an impressive 11.19% cap rate! Excellent cash flow and strong upside potential!!!!!!! (CALL Andrei Gayed or David Beaty for more information and to schedule a tour & to see the Pro Forma made for this property)

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Home facts

  • Year built:1897
  • Listing ID #:NJME2069098
  • Added:152 day(s) ago
  • Updated:March 31, 2026 at 01:32 PM

Rooms and interior

  • Bedrooms:7
  • Living area:4,905 sq. ft.

Heating and cooling

  • Heating:Oil, Radiator

Structure and exterior

  • Year built:1897
  • Building area:4,905 sq. ft.
  • Construction Materials:Frame

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$899,999
  • Price per sq. ft.:$183.49
  • Tax amount:$11,108 (2024)

Parking

  • Parking description:On Street, Parking Lot

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