724 Division Street Trenton, NJ $ 899,999
724 Division Street
$ 899,999
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724 Division Street

Trenton, NJ, 08611
$ 899,999
Bedrooms-- Baths-- Sq 4,905

Monthly Estimate*

$ 5,615

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Commercial Property for sale in Trenton, NJ

for $899,999. This 4,905 square foot building was built in 1897.

Introducing 724 Division Street, a turnkey 6-unit commercial/multifamily property located in the heart of Trenton, NJ. This well-maintained investment opportunity offers a strong in-place rent roll, additional parking income, and minimal owner expenses ideal for investors seeking reliable cash flow and long-term asset appreciation. Fantastic investment opportunity! Five units are 1 bed/1 bath, and the sixth unit is a 2 bed/1 bath. Parking lot currently rented for $750/month, bringing total gross monthly income to $8,796. Annual net income of $82,244 after expenses with an 9.1% cap rate! !!!!!!Estimated Section 8 rents could generate $10,050/month, producing an annual net income of $106,292 after expenses and an impressive 11.8% cap rate! Excellent cash flow and strong upside potential!!!!!!! (CALL Andrei Gayed or David Beaty for more information and to schedule a tour & to see the Pro Forma made for this property)

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Commercial Active

Price

$ 899,999

Property Type

Commercial

Taxes

$ 11,108

Style

Apartment Building

Year Built

1897

Town/City

Trenton

County/Region

Mercer

MLS | Web ID

NJME2069076

Features
Interior
Heating Fuel Oil
Hot Water Oil
Heating Y/N Y
Central Air Y/N N
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General
Sewer Public Sewer
Heating Radiator
Cooling None
Possession 0-30 Days CD 31-60 Days CD
Zoning RESIDENTIAL
Construction Materials Frame
Year Built 1897
Property Subtype Five Or More Units
Tax Year 2024
Ownership Fee Simple
Cool Fuel None
Municipality TRENTON CITY
Business Type Apartment Building
Accessibility None
County MERCER
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions GPS
City TRENTON
Number Of Units Total 0
MLS Area Trenton City (21111)
Lot Size Units Square Feet
Lot Size Square Feet 0.00
Tax Annual Amount 11108.0
Price Per Sq Ft Total AG 183.49
Acceptable Financing Cash Private Other
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
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Exterior
Water Source Public
Type of Parking On Street Parking Lot
Foundation Details Other
Water View Y/N N
Building Area Total 4905.00
Lot Size Acres 0.00
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 57000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 724
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* Excluded Features
List By
Century 21 Alliance-Moorestown

Broker

andreigayed@gmail.com

Email

Affordability Calculator

$6,540
Per Month
86%
14%
0%
Monthly Principal & Interest
$5,615
Monthly Property Taxes
$926
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
11/7/2025$899,999 -5.26% Price Down
10/29/2025$950,000 Listed Price

Map


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724 Division Street, Trenton, NJ, 08611 is a Commercial Property for sale at $899,999 with 4,905 sqft. 724 Division Street was built in 1897. The property's zip code is 08611 which is in Trenton, NJ