399 W State Street Trenton, NJ $ 649,999
399 W State Street
$ 649,999
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399 W State Street

Trenton, NJ, 08618
$ 649,999
Bedrooms6 Baths0.0

Monthly Estimate*

$ 4,055

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Multi-Family Home for sale in Trenton, NJ

for $649,999 with 6 bedrooms. This home was built in 1940 on a lot size of 0.5.

Renovated 5 unit building in a great location. All the units are well sized and the property has it's own private parking lot. Potential to make upgrades and increase rental rates or re-lease apartments to new tenants if the owner chooses to do so. This building rarely has an empty unit. If you are looking for a property that is a reliable income producer, look no further.

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Multi-Family Active

Price

$ 649,999

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 11,027

Style

Tudor

Lot Size

0.5

Year Built

1940

Town/City

Trenton

County/Region

Mercer

MLS | Web ID

NJME2063784

Features
General
Living Area 4500
Sewer Public Sewer
Heating Forced Air
Cooling Heat Pump(s) Central A/C
Utilities Cable TV
Possession Immediate
Roof Slate
Appliances Range Hood Refrigerator Oven/Range - Electric
Zoning COMMERCIAL
Architectural Style Tudor
Construction Materials Frame
School District TRENTON PUBLIC SCHOOLS
Exclusions Tenants Belongings
Year Built 1940
Electric 120/240V
Property Subtype Other
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Municipality TRENTON CITY
Gross Income 72000.00
Accessibility None
County MERCER
Net Operating Income 60000.00
New Construction N
Property Type Multi-Family
Attached Garage N
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade
Status ACTIVE
Directions Corner of W. State and Perdicaris
City TRENTON
Disclosures None
Number Of Units Total 4
MLS Area Trenton City (21111)
Lot Size Units Square Feet
Lot Size Square Feet 21780.00
Number of Units Leased 5
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 11027.0
Home Warranty Y/N N
Property Condition Good
Two Bedroom 1
Structure Type Detached
Green Verification Y/N N
Price Per Sq Ft Total AG 144.44
Acceptable Financing Cash Contract Conventional
Avg. Electric Per Month 100.0
Historic Y/N N
Rent Control Y/N N
Vacation Rental Y/N N
Avg. Water Per Month 100.0
Lease Type Net
Standard Status Active
Year Built Source Estimated
Tax Lot 00001 01
Total Actual Rent 72000.00
Cap Rate 8.00
Association Recreation Fee N
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Interior
Heating Fuel Electric
Basement Unfinished
Flooring Carpet Hardwood
Hot Water Electric
Furnished Units None
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N Y
Laundry Type None
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Exterior
Pool No Pool
Water Source Public
Type of Parking Driveway
Foundation Details Stone
Spa N
Water View Y/N N
Lot Size Acres 0.50
Private Pool N
Lot Size Source Estimated
Waterfront Y/N N
Door Features Atrium Six Panel Insulated
Land Assessed Value 80800.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 399
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* Excluded Features
List By
Turning Point Real Estate

Broker

justin@tprebrokers.com

Email

Affordability Calculator

$4,974
Per Month
82%
18%
0%
Monthly Principal & Interest
$4,055
Monthly Property Taxes
$919
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
3535812 Elementary School
3533992 Middle School
Trenton Central H.S. High School
Pricing History
DatePricePrice ChangeDescription
8/17/2025$649,999 Listed Price

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399 W State Street, Trenton, NJ, 08618 is a Multi-Family Home for sale at $649,999 with a lot size of 0.5. 399 W State Street has 6 bedrooms, 0.0 baths, and was built in 1940. The property's zip code is 08618 which is in Trenton, NJ