Property

Trenton, NJ 08618 152 Prospect Street

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Presented By: EXP Realty, LLC
  • MLS# NJME2063320
  • 08/05/2025
  • Request Tour
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  • SQFT • 4,400

Home Details

**Investment Opportunity Mixed-Use 6-Unit Brick Building in Trenton** Welcome to **152 Prospect Street**, a solid brick three-story mixed-use building built in 1950, located in the heart of Trenton, NJ. This versatile property offers **six total units** including: * **One storefront** formerly operated as a restaurant/takeout * **One office unit** * **Four residential apartments**: * (2) One-bedroom units * (1) Two-bedroom unit * (1) Three-bedroom unit Currently, **two of the six units are occupied**, providing immediate income while leaving plenty of upside potential for the savvy investor: * The **one-bedroom apartment** is rented at **\$850/month** on a **month-to-month lease** * The **three-bedroom apartment** is leased for **\$1,250/month** on a **two-year lease** This property is perfect for an owner-user or investor looking to **add value and increase cash flow**. With multiple vacant units ready to be leased, you have the opportunity to set market rents and customize your tenant mix. Dont miss this rare chance to own a **multi-use income-producing property** in a prime location!
Presented By: EXP Realty, LLC

Interior Features for 152 Prospect Street

Other Interior Features

Central Air Y/NNo
FlooringCeramic Tile, Hardwood, Laminated, Vinyl
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Number of Elevators
Total Stories3

Other Rooms

Entry Level1

General for 152 Prospect Street

Acceptable FinancingCash, Conventional
AccessibilityNone
Association Recreation FeeN
Business TypeApartment Building, Hair Salon and Spa, Other/General Retail, Restaurant/Bar, Supermarket/Grocery Store
CityTRENTON
Construction MaterialsBrick, Vinyl Siding
Cool FuelNone
CoolingAttic Fan, Window Unit(s)
CountyMERCER
DirectionsWest State Street to Prospect Street or Olden Avenue to Prospect
DisclosuresNone
Electric200+ Amp Service
HeatingForced Air
Historic Y/NNo
Lease Considered Y/NNo
Location TypeUrban
Lot Size Square Feet1999.00
Lot Size UnitsSquare Feet
MLS AreaTrenton City (21111)
ModificationTimestamp2025-09-03T22:54:34
MunicipalityTRENTON CITY
New ConstructionNo
Number Of Units Total6
OwnershipFee Simple
Possession0-30 Days CD, Immediate
Possible UseApartment Building, Apartments, Barber/Beauty, Commercial, Clothing, Convenience Store, Food & Beverage, Food Market, Investment, Mixed Use, Multi-Family, Office, Professional Service, Residential, Restaurant
Price Per Sq Ft Total AG112.69
Property ConditionGood
Property SubtypeFive Or More Units
Property TypeCommercial Sale
Property UseInvestment
RoofBuilt-Up
SewerPrivate Sewer
Standard StatusActive
StatusACTIVE
Subdivision NamePROSPECT HEIGHTS
Tax Annual Amount13069.0
Tax Assessed Value225300.0
Tax Lot00032
Tax Year2024
TransportationAirport less than 10 miles, Bus Stop less than 1 mile, Commuter Lots less than 5 miles, Commuter Rail Station 1 to 5 miles
UtilitiesCable TV Available, Sewer Available, Water Available, Phone Available, Natural Gas Available, Electric Available
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1950
Year Built SourceAssessor
ZoningMIX USE

Exterior for 152 Prospect Street

Building Area Total4436.00
Car Parking Spaces
Fencing Y/NN
Foundation DetailsBlock
Land Assessed Value31600.00
Land Use Code
Lot Dimensions20.00 x 100.00
Lot FeaturesCorner
Lot Size Acres0.05
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Tina Torres

Broker/Owner
Price $499,900
MLS#NJME2063320
List Date 08/05/2025
Property Type Commercial
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