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

Trenton, NJ, 08611
$ 899,999
Bedrooms7 Baths0.0

Monthly Estimate*

$ 5,615

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Multi-Family Home for sale in Trenton, NJ

for $899,999 with 7 bedrooms. This home 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 a 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 11.19% 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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Multi-Family Active

Price

$ 899,999

Bedrooms

7

Property Type

Multi-Family

Taxes

$ 11,108

Style

Year Built

1897

Town/City

Trenton

County/Region

Mercer

MLS | Web ID

NJME2069098

Features
General
Living Area 4905
Sewer Public Sewer
Heating Radiator
Cooling None
Possession 0-30 Days CD 31-60 Days CD
Zoning RESIDENTIAL
Architectural Style Other
Construction Materials Frame
School District TRENTON PUBLIC SCHOOLS
Year Built 1897
Property Subtype Other
Tax Year 2024
Ownership Fee Simple
Cool Fuel None
Municipality TRENTON CITY
Accessibility None
County MERCER
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade
Status ACTIVE
Directions GPS
City TRENTON
Number Of Units Total 4
MLS Area Trenton City (21111)
Lot Size Units Square Feet
Lot Size Square Feet 0.00
Tax Annual Amount 11108.0
Two Bedroom 1
Structure Type Detached
Price Per Sq Ft Total AG 183.49
Acceptable Financing Cash Other Private
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
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Interior
Heating Fuel Oil
Hot Water Oil
Total Stories 3
Heating Y/N Y
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Public
Type of Parking On Street Parking Lot
Foundation Details Other
Water View Y/N N
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
3535812 Elementary School
3533992 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

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724 Division Street, Trenton, NJ, 08611 is a Multi-Family Home for sale at $899,999. 724 Division Street has 7 bedrooms, 0.0 baths, and was built in 1897. The property's zip code is 08611 which is in Trenton, NJ