Property

Trenton, NJ 08611 724 Division Street

724 Division Street Trenton, NJ - Image 1724 Division Street Trenton, NJ - Image 2724 Division Street Trenton, NJ - Image 3
26 more
724 Division Street Trenton, NJ - Image 4724 Division Street Trenton, NJ - Image 5724 Division Street Trenton, NJ - Image 6724 Division Street Trenton, NJ - Image 7724 Division Street Trenton, NJ - Image 8724 Division Street Trenton, NJ - Image 9724 Division Street Trenton, NJ - Image 10724 Division Street Trenton, NJ - Image 11724 Division Street Trenton, NJ - Image 12724 Division Street Trenton, NJ - Image 13724 Division Street Trenton, NJ - Image 14724 Division Street Trenton, NJ - Image 15724 Division Street Trenton, NJ - Image 16724 Division Street Trenton, NJ - Image 17724 Division Street Trenton, NJ - Image 18724 Division Street Trenton, NJ - Image 19724 Division Street Trenton, NJ - Image 20724 Division Street Trenton, NJ - Image 21724 Division Street Trenton, NJ - Image 22724 Division Street Trenton, NJ - Image 23724 Division Street Trenton, NJ - Image 24724 Division Street Trenton, NJ - Image 25724 Division Street Trenton, NJ - Image 26724 Division Street Trenton, NJ - Image 27724 Division Street Trenton, NJ - Image 28724 Division Street Trenton, NJ - Image 29724 Division Street Trenton, NJ - Image 30
Presented By: Century 21 Alliance-Moorestown
  • MLS# NJME2069076
  • 10/29/2025
  • Request Tour
  • Request Info
  • SQFT • 4,905

Home Details

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)
Presented By: Century 21 Alliance-Moorestown

Interior Features for 724 Division Street

Other Interior Features

Central Air Y/NNo
Heating FuelOil
Heating Y/NYes
Hot WaterOil

General for 724 Division Street

Acceptable FinancingCash, Private, Other
AccessibilityNone
Business TypeApartment Building
CityTRENTON
Construction MaterialsFrame
Cool FuelNone
CoolingNone
CountyMERCER
DirectionsGPS
HeatingRadiator
Lot Size Square Feet0.00
Lot Size UnitsSquare Feet
MLS AreaTrenton City (21111)
MunicipalityTRENTON CITY
New ConstructionNo
Number Of Units Total
OwnershipFee Simple
Possession0-30 Days CD, 31-60 Days CD
Price Per Sq Ft Total AG183.49
Property SubtypeFive Or More Units
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount11108.0
Tax Assessed Value191500.0
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1897
Year Built SourceEstimated
ZoningRESIDENTIAL

Exterior for 724 Division Street

Building Area Total4905.00
Car Parking Spaces4
Foundation DetailsOther
Land Assessed Value57000.00
Lot Size Acres0.00
Lot Size SourceEstimated
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces4
Type of ParkingOn Street, Parking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Tina Torres

Broker/Owner
Price $899,999
MLS#NJME2069076
List Date 10/29/2025
Property Type Commercial
Request Tour
Request Info
Visit My Website

Similar Properties to 724 Division Street

Get Pre-approved