Listed By:
Weichert Co., REALTORS
Address
738 W State Street, Trenton, NJ
Price
$ 949,500
Property Attributes
  • MLS#NJME2040618
  • TypeCommercial
  • CountyMERCER
  • CityTrenton
  • AreaTrenton City
  • Zip08618
  • Style
  • Year Built1910
  • Taxes$ 11003
  • Price$ 949,500
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4536
  • Lot Size6,534 SqFt
Data Source:
Bright MLS
Property Description

INVESTORS!! FANTASTIC TURN KEY investment opportunity in thriving area of Trenton. This is currently a certified 18 room, 4 bathroom @ $700 per room Rooming House in mint condition. Can't be beat features: +renovation done1 year ago! +new 4 baths +new waterproof floors +new half wall panel for easy cleaning +new plumbing, water & sewer lines +state of the art camera system +new LED lights +200 AMP electric panel +new steam boiler system and more! Just added: every tenant has FREE WI-FI AT NO COST TO THE OWNER! State inspections were done/passed January 2024 (two inspections @ $360 each). City of Trenton Owner Inspection done/passed $440. To get certified with DCA is not complicated; Owner willing to assist Purchaser for a few months to get acclimated if needed. PLEASE NOTE - ONLY YELLOW PORTION OF BUILDING IS FOR SALE. BLUE PORTION IS A DIFFERENT OWNER.

Price History
3/14/2024 Listed $949,500

General Features

Sewer No Septic System
Heating Baseboard - Hot Water,Radiator
Cooling None
Utilities Electric Available,Sewer Available,Water Available,Natural Gas Available
Possession Immediate
Roof Slate
Zoning MU
Security Features Carbon Monoxide Detector(s),Fire Detection System,Exterior Cameras,Smoke Detector,Surveillance Sys,Motion Detectors
Construction Materials Brick,Aluminum Siding
Year Built 1910
Electric 200+ Amp Service
Property SubType Other
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel None
Business Type Other
Accessibility Doors - Swing In
County MERCER
New Construction No
Property Type Commercial Sale
Possible Use Other
Water Access Y/N No
Property Use Investment
Status ACTIVE
Directions Parkside Avenue To West State Street
ModificationTimestamp 2024-04-26T14:51:25
City TRENTON
Buyer Agent Compensation 2.5
Disclosures None
Zoning Description Multiple Use,Commercial
Total Units 18
MLS Area Trenton City (21111)
Lot Size Square Feet 6622.00
Tax Assessed Value 201600.0
Waterfront Y/N No
Street Name STATE
Tax Annual Amount 11003.0
Property Condition Excellent
Price Per Sq Ft 209.33
Acceptable Financing Cash,Conventional
Historic Y/N No
Lease Considered Y/N No
Vacation Rental Y/N No
Days on Market 44
Standard Status Active
Year Built Source Assessor
Tax Lot 00013
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Heating Fuel Natural Gas
Hot Water Natural Gas
Total Stories 3
Heating Y/N Yes
Street Suffix STREET
Central Air Y/N No
Total Restrooms 4

Exterior Features

Lot Features Level
Water Source Public
Type of Parking On Street
Water View Y/N No
Building Area Total 4536.00
Lot Dimensions 37.20 x 178.00
Lot Size Acres 0.15
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 100000.00
Navigable Water Y/N No
Water Oriented Y/N No
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 08618

Price
AVG $690K
$950K
Taxes
AVG $10,131
$11,003
Visits
AVG 89
37
Data Provided by Inside Real Estate®
Year Built
AVG 1932
1910

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