Address
328 - 334 E State Street, Trenton, NJ
Price
$ 1,299,000
Property Attributes
- MLS#NJME2040740
- TypeCommercial
- CountyMERCER
- CityTrenton
- AreaTrenton City
- Zip08608
- StyleRestaurant/Bar,Professional,,Health Club,Hair Salo
- Year Built1950
- Taxes$ 9447
- Price$ 1,299,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size3,049 SqFt
Data Source:
Bright MLS
Property Description
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.
| Price History | |
|---|---|
| 3/26/2024 | Listed $1,299,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Cooling | Central A/C |
| Utilities | Electric Available,Natural Gas Available |
| Possession | 90-120 Days CD |
| Roof | Flat,Rubber |
| Zoning | COMMERCIAL |
| Construction Materials | Frame |
| Year Built | 1950 |
| Property SubType | Five Or More Units |
| Tax Year | 2024 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Natural Gas |
| Business Type | Restaurant/Bar,Professional,Other,Health Club,Hair Salon and Spa,Bed and Breakfast |
| Accessibility | None |
| County | MERCER |
| New Construction | No |
| Property Type | Commercial Sale |
| Water Access Y/N | No |
| Transportation | Bus Stop less than 1 mile,Airport less than 10 miles,Commuter Rail Station less than 1 mile |
| Status | ACTIVE |
| Directions | Rt 29 or Rt1 to E State St. (across from City Hall) |
| ModificationTimestamp | 2024-04-26T19:02:40 |
| City | TRENTON |
| Buyer Agent Compensation | 2 |
| Zoning Description | MIXED USE |
| Total Units | 2 |
| MLS Area | Trenton City (21111) |
| Lot Size Square Feet | 3206.00 |
| Tax Assessed Value | 170400.0 |
| Waterfront Y/N | No |
| Street Name | STATE |
| Tax Annual Amount | 9447.0 |
| Property Condition | Excellent |
| Price Per Sq Ft | 168.18 |
| Vacation Rental Y/N | No |
| Days on Market | 32 |
| Standard Status | Active |
| Year Built Source | Assessor |
| Tax Lot | 00002.01 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Hot Water | Electric |
| Total Stories | 3 |
| Heating Y/N | Yes |
| Street Suffix | STREET |
| Central Air Y/N | Yes |
| Entry Level | 1 |
Exterior Features
| Water Source | Public |
|---|---|
| Inclusions | 2 buildings,2 lots,all residential units and retail space will be completed,the previous restaurant area will be a vanilla shell. |
| Type of Parking | On Street |
| Water View Y/N | No |
| Building Area Total | 7724.00 |
| Lot Dimensions | 12.60 x 58 42.20 x 58.60 |
| Lot Size Acres | 0.07 |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Land Assessed Value | 24000.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Estimated |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 08608
Price
Taxes
Visits
Year Built
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