127 N Broad Street Trenton, NJ $ 462,500
127 N Broad Street
$ 462,500
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127 N Broad Street

Trenton, NJ, 08608
$ 462,500
Bedrooms-- Baths-- Sq 3,900

Monthly Estimate*

$ 2,885

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Commercial Property for sale in Trenton, NJ

for $462,500. This 3,900 square foot building was built in 1950 on a lot size of 0.06.

Turnkey 7-Unit Mixed-Use Investment Opportunity in the Heart of Trenton. This is a rare opportunity to acquire a fully operational, income-producing seven-unit mixed-use property located on Broad Street in the rapidly revitalizing downtown Trenton corridor. Ideal for investors seeking a stable asset with immediate returns and long-term growth potential, this property offers a blend of residential and commercial income streams in a high-demand rental market. The building consists of 5 studio apartments and 1 one-bedroom unit, and a spacious ground-floor commercial retail space. Currently, five of the six residential units are occupied on a month-to-month basis, providing consistent cash flow and flexibility for future rental adjustments or upgrades. The retail space is presently vacant, offering an excellent value-add opportunity with an estimated monthly rental potential of $2,000. A new furnace has been recently installed, further enhancing the property's appeal as a turnkey investment. Strategically positioned within the boundaries of the Trenton Downtown Association, the property is eligible for various business incentives and grant programs designed to attract and support new commercial ventures. This location is considered prime, with strong pedestrian traffic and visibility. It is within walking distance to Mercer County College, the Trenton Public Library, the government offices, shopping centers, and multiple public transportation options. The property is being sold in as-is condition. The seller will make no repairs, and the buyer will be responsible for obtaining the Certificate of Occupancy. With solid in-place income, clear value-add potential in the commercial space, and the added advantage of downtown redevelopment incentives, this offering presents an exceptional investment opportunity for those looking to expand their portfolio in an emerging market. For qualified investors, this property represents both stability and upside in a central, growing location. Owner pays for gas, water and sewer, tenant pays electric.

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Commercial Contingent

Price

$ 462,500

Property Type

Commercial

Taxes

$ 9,687

Style

Apartment Building,Hair Salon and Spa,/General Ret

Lot Size

0.06

Year Built

1950

Town/City

Trenton

County/Region

Mercer

MLS | Web ID

NJME2059212

Features
Interior
Heating Fuel Natural Gas
Flooring Wood
Hot Water Natural Gas
Total Stories 3
Heating Y/N Y
Central Air Y/N N
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General
Sewer Public Sewer
Heating Radiator
Cooling Window Unit(s)
Possession Negotiable Immediate 0-30 Days CD
Roof Rubber Other
Zoning MIXED USE BA
Construction Materials Brick
Year Built 1950
Electric 200+ Amp Service
Property Subtype Five Or More Units
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Municipality TRENTON CITY
Business Type Apartment Building Hair Salon and Spa Other/General Retail Restaurant/Bar Supermarket/Grocery Store
Accessibility 2+ Access Exits
County MERCER
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE UNDER CONTRACT
Directions GPS
City TRENTON
Number Of Units Total 7
MLS Area Trenton City (21111)
Lot Size Units Square Feet
Lot Size Square Feet 2705.00
Tax Annual Amount 9687.0
Property Condition Good
Price Per Sq Ft Total AG 118.59
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Location Type Downtown
Standard Status Active Under Contract
Year Built Source Assessor
Tax Lot 00024
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Exterior
Water Source Public
Type of Parking On Street
Water View Y/N N
Building Area Total 3900.00
Lot Dimensions 19.20 x 141.00
Lot Size Acres 0.06
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 62400.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 127
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* Excluded Features
List By
Re/Max Preferred - Cherry Hill

Broker

lsmith499@comcast.net

Email

Affordability Calculator

$3,693
Per Month
78%
22%
0%
Monthly Principal & Interest
$2,885
Monthly Property Taxes
$807
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/8/2025$462,500 Listed Price

Map


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127 N Broad Street, Trenton, NJ, 08608 is a Commercial Property for sale at $462,500 with 3,900 sqft and a lot size of 0.06. 127 N Broad Street was built in 1950. The property's zip code is 08608 which is in Trenton, NJ