Listed By:
RE/MAX 1st Advantage
Address
836 Martin Luther King Jr Boulevard, Trenton, NJ
Price
$ 385,000
Property Attributes
  • MLS#NJME2036192
  • TypeCommercial
  • CountyMERCER
  • CityTrenton
  • AreaTrenton City
  • Zip08638
  • StyleApartment Building,/General Retail,Medical
  • Year Built1950
  • Taxes$ 9886
  • Price$ 385,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4284
Data Source:
Bright MLS
Property Description

Opportunity is knocking! This spacious Commercial/Multi-use 4284 sq ft Building with 2 Store Fronts and 3 Apartments in Trenton is the opportunity you've been waiting for! Situated on a prime corner lot with great visibility in high traffic location, you're sure to see your business thrive! Main Level Mix Use Store front is currently being used as a retail store and Pharmacy offering a 1/2 Bath and storage space. 2nd Store front currently being used for retail and offers a 1/2 Bath. 2nd Level holds a 2 Bedroom Apartment with Kitchen and full Bath as well as a 1 Bedroom Apartment with Living Rm, Kitchen, and Full Bath. 3rd Level holds a 1 Bedroom Apartment with Living Room, Kitchen and Full Bath. Endless possibilities here! Close to public transit, Major Rds, dining, shopping & so much more. Come & see TODAY!

Price History
10/16/2023 Listed $385,000

General Features

Sewer Public Sewer
Heating 90% Forced Air
Cooling Wall Unit,Window Unit(s)
Utilities Electric Available,Natural Gas Available,Sewer Available,Water Available
Possession 31-60 Days CD
Roof Flat
Zoning RB
Construction Materials Brick,Stucco,Stone
Exclusions Personal Belongings.
Year Built 1950
Property SubType Five Or More Units
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
OwnerPays Insurance,Water,Taxes - Real Estate
Business Type Apartment Building,Other/General Retail,Medical
Accessibility 2+ Access Exits
County MERCER
Net Operating Income 40300.00
Operating Expense 24500.00
New Construction No
Property Type Commercial Sale
Water Access Y/N No
Property Use Investment
Status ACTIVE
Directions Lincoln Highway to Martin Luther King Jr. Blvd.
ModificationTimestamp 2024-04-11T11:17:59
City TRENTON
Buyer Agent Compensation 2.5
Zoning Description Commercial
MLS Area Trenton City (21111)
Lot Size Square Feet 0.00
Tax Assessed Value 177600.0
Waterfront Y/N No
Street Name MARTIN LUTHER KING JR
Tax Annual Amount 9886.0
Acceptable Financing Cash,Conventional
Vacation Rental Y/N No
Days on Market 198
Standard Status Active
Year Built Source Assessor
Tax Lot 00041 01
Total Actual Rent 64800.00
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas
Flooring Carpet,Luxury Vinyl Plank,Laminated
Hot Water Natural Gas
Total Stories 3
Heating Y/N Yes
Street Suffix BOULEVARD
Central Air Y/N No
Total Restrooms 5

Exterior Features

Lot Features Corner,Level
Water Source Public
Inclusions Gas Range Oven
Type of Parking On Street
Water View Y/N No
Building Area Total 0.00
Lot Dimensions 37.00 x 0.00
Lot Size Acres 0.00
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 51500.00
Navigable Water Y/N No
Water Oriented Y/N No
Fencing Y/N Yes
LotDimensionsSource Assessor

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 08638

Price
AVG $290K
$390K
Taxes
AVG $12,365
$9,886
Visits
AVG 98
217
Data Provided by Inside Real Estate®
Year Built
AVG 1943
1950
Walkscore
AVG 64
65
Data Provided by Walkscore® not using MLS data

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