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Dashboard
- $475k Price
- 2,278 Sqft
- .09 Acres
- 20 DOM
1116 W State St
Immediate investment opportunity for a highly-profitable, income producing, multi-family residential property in the historic capital city of Trenton. This three-apartment home is conveniently located close to an exit off of Route 29, shopping plazas, and the Delaware River. Tenants enjoy access to beautiful parks and tennis courts within a 5-minute walk, along with a common back yard. Each apartment conveniently has separate meters for utilities, and tenants have been responsible to pay their own heating, gas and electric utility bills. The ground-floor apartment has two bedrooms, each with an individual full bathroom, along with a Living room and dine-in kitchen. The second floor apartment offers two-bedrooms, each with an individual full bathroom, in addition to living room and dine-in kitchen. On the top floor is the third apartment, featuring one bedroom, one bathroom, and a dine-in kitchen area. The conservative rent potential for this multi-family property is $4,600 a month ($1,705for first-floor and $1,700 second-floor unit, and probable $1200 for the top-floor which is empty. Due to local housing needs and recent economic events, higher rents may be possible.
Essential Information
- MLS® #NJME2064034
- Price$475,000
- Bathrooms0.00
- Square Footage2,278
- Acres0.09
- Year Built1912
- TypeMulti-Family
- Sub-TypeTwin/Semi-Detached, Triplex
- StyleColonial
- StatusActive
Community Information
- Address1116 W State St
- AreaTrenton City (21111)
- SubdivisionCADWALADER HEIGHTS
- CityTRENTON
- CountyMERCER-NJ
- StateNJ
- MunicipalityTRENTON CITY
- Zip Code08618
Amenities
Amenities
Built-Ins, Crown Molding, Tub Shower, Wood Floors
Interior
- HeatingBaseboard - Hot Water
- CoolingWall Unit
- Has BasementYes
- BasementFull
- # of Stories3
Appliances
ENERGY STAR Refrigerator, Oven-Self Cleaning
Exterior
- ExteriorBrick and Siding
- Exterior FeaturesPorch(es)
- WindowsBay/Bow, Wood Frame
- FoundationBlock
School Information
- DistrictTRENTON PUBLIC SCHOOLS
Additional Information
- Date ListedAugust 26th, 2025
- Days on Market20
- ZoningRES
Listing Details
- OfficeKeller Williams Premier
- Office Contact(609) 459-5100
Price Change History for 1116 W State St, TRENTON, NJ (MLS® #NJME2064034)
| Date | Details | Price | Change |
|---|---|---|---|
| Active (from Coming Soon) | – | – |
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Listing information last updated on September 14th, 2025 at 6:03pm CDT.