Property
Trenton, NJ 08618 321 Parkway Avenue
$279,000
26 more
Presented By: Quarterman Realty Group Inc.
Beds • 4
Beds • 4Home Details
Investor opportunity in Trenton, New Jerseythis fully tenant-occupied, detached 2-unit property offers immediate rental income with room to increase returns.
With approximately 1,816 sq ft of finished space, the property features a traditional, functional layout designed for long-term tenant appeal. Each unit includes an eat-in kitchen, 2 bedrooms, a full bathroom with tub/shower, and ceiling fans throughout for added comfort and efficiency.
A full, unfinished basement with rear access provides additional storage and presents a clear opportunity for future valuewhether as a shared laundry area or potential finished space.
The property is in average, rentable condition, allowing for immediate cash flow while giving the next owner the ability to implement strategic upgrades over time to drive rents and equity. Roof (2021). Hot Water Heater (2024).
Located within close proximity to major routes, schools, and local amenities, this property benefits from consistent tenant demand and long-term upside in an improving market.
Presented By: Quarterman Realty Group Inc.
Interior Features for 321 Parkway Avenue
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceEstimated
BasementFull, Rear Entrance, Unfinished
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
Furnished UnitsNone
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Interior AmenitiesBathroom - Tub Shower, Ceiling Fan(s), Floor Plan - Traditional, Kitchen - Eat-In
General for 321 Parkway Avenue
Acceptable FinancingCash, Conventional
AccessibilityNone
AppliancesOven/Range - Gas, Refrigerator, Stove, Water Heater
Architectural StyleColonial
Association Recreation FeeN
CityTRENTON
Construction MaterialsFrame
Cool FuelElectric
CoolingCeiling Fan(s), Wall Unit
CountyMERCER
DirectionsTake ramp onto I-295 N. Take exit 60 toward RT-29/Trenton onto RT-29 N/RT-129 N. Continue on RT-29 N toward Capitol Complex/Lambertville. Take the exit toward Calhoun St/Capitol Complex/Thomos Ediso
DisclosuresNone
Garage Y/NNo
HeatingRadiator
Historic Y/NNo
Home Warranty Y/NNo
Lease TypeMonth to Month
Living Area1816
Lot Size Square Feet5227.00
Lot Size UnitsSquare Feet
MLS AreaTrenton City (21111)
MunicipalityTRENTON CITY
New ConstructionNo
Number Of Units Total1
Number of Units Leased2
NumberOfUnitsVacant
One Bedroom Units Count
Other StructuresAbove Grade
Other UnitsUnit 1, Unit 1
OwnerPaysInsurance, Taxes - Real Estate
OwnershipFee Simple
PossessionOther
Price Per Sq Ft Total AG153.63
Property ConditionAverage
Property SubtypeDuplex
Property TypeMulti-Family
Rent Control Y/NNo
RoofShingle
School DistrictTRENTON PUBLIC SCHOOLS
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeDetached
Tax Annual Amount6390.0
Tax Assessed Value108500.0
Tax Lot00053
Tax Year2025
Total Actual Rent27288.00
Total Rooms8
Total SQFT1816
Two Bedroom2
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1922
Year Built SourceEstimated
ZoningRES
Exterior for 321 Parkway Avenue
Foundation DetailsConcrete Perimeter
Land Assessed Value15700.00
Lot Dimensions50x108
Lot Size Acres0.12
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
PoolNo Pool
SpaNo
Total Parking Spaces1
Type of ParkingDriveway
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
YOLANDA CASSIDY-BOGAN
Associate