713 W State Street # 5 Trenton, NJ $ 339,900
713 W State Street # 5
$ 339,900
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713 W State Street # 5

Trenton, NJ, 08618
$ 339,900
Baths0.0 Sq 3,358

Monthly Estimate*

$ 2,259

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Studio

Commercial Property for sale in Trenton, NJ

for $339,900. This 3,358 square foot building was built in 1896 on a lot size of 0.08.

Returning to the market after prep for tenant turnover with increased GOI. Investment Opportunity! Contact Listing Agent for details. 713 West State Street includes 5 apartments, a one-bedroom and four efficiency units, rented for 1F@ $975 1R@ $925, 2F@ $895, 2R@ $910, 3F@ $830. Heat and hot water included. Excellent payment performance. Property tour available only after and subject to offer and acceptance. Tenant Occupied. Sold As Is. Buyer is responsible for CO however the building is in good condition. Excellent building, excellent location.

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Commercial Active

Price

$ 339,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,561

Style

Lot Size

0.08

Year Built

1896

Town/City

Trenton

County/Region

Mercer

MLS | Web ID

NJME2025570

Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Street Suffix STREET
Central Air Y/N N
Total Restrooms 5
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General
Sewer Public Sewer
Heating Baseboard - Hot Water
Cooling Window Unit(s)
Possession 0-30 Days CD
Zoning RESIDENTIAL
Construction Materials Brick
Exclusions Tenants personal property
Year Built 1896
Unit Number 5
Property SubType Five Or More Units
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality TRENTON CITY
Gross Income 54420.00
Business Type Other
Accessibility None
County MERCER
Net Operating Income 32250.00
Operating Expense 15210.00
Insurance Expense 1523.00
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions 713 West State Street
City TRENTON
Buyer Agent Compensation 2.5
NumberOfUnitsTotal 5
MLS Area Trenton City (21111)
Lot Size Units Square Feet
Lot Size Square Feet 3358.00
Waterfront Y/N N
Street Name STATE
Tax Annual Amount 5561.0
Acceptable Financing Cash Conventional Negotiable
Vacation Rental Y/N N
Days on Market 462
Location Type Urban
Standard Status Active
Year Built Source Assessor
Tax Lot 00030
Total Actual Rent 47460.00
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Inclusions Existing Appliances and Fixtures
Type of Parking On Street
Water View Y/N N
Building Area Total 0.00
Lot Dimensions 21.00 x 160.00
Lot Size Acres 0.08
Lot Size Source Estimated
Land Assessed Value 7200.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 713
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* Excluded Features
List By
David Depaola And Company Real Estate

Broker

lisajordan@depaola.com

Email

Affordability Calculator

$2,722
Per Month
83%
17%
0%
Monthly Principal & Interest
$2,259
Monthly Property Taxes
$463
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/29/2024$339,900 -5.56% Price Down
3/15/2024$359,900 -2.73% Price Down
11/28/2023$370,000 Listed Price

Map


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713 W State Street # 5, Trenton, NJ, 08618 is a Commercial Property for sale at $339,900 with 3,358 sqft and a lot size of 0.08. 713 W State Street # 5 is a studio with 0.0 baths and was built in 1896. The property's zip code is 08618 which is in Trenton, NJ