Property

Trenton, NJ 08618 261 Highland Avenue

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Presented By: Keller Williams - Main Street
  • MLS# NJME2080126
  • 07/04/2026
  • Request Tour
  • Request Info
  • Beds • 4
  • Baths • 1
  • SQFT • 1,400

Home Details

Investor Alert! Strong cap rate and annual return opportunity here. This 4 bedroom 1 bathroom with a tenant already in place and generating solid rental income. The property is producing an annual NOI of approximately $14,837.48 making it an attractive addition to an investment portfolio. Bring your finishing touches and unlock even more potential. With routine upkeep. This income-producing rental is positioned to help you generate consistent monthly cash flow. This property is being sold as part of a larger portfolio with multiple locations throughout New Jersey. Buyers may be eligible for a discount when purchasing more than one property or acquiring the portfolio as a package deal. The seller can also offer creative financing options, including the potential to take over the existing mortgage on these properties. Ask about it before or after your tour. This unit is located in a ever increasing , convenient area near local parks, eateries, and entertainment to enjoy from Philadelphia and New Jersey, This rental offers both investment appeal and stable long-term tenants that need housing. The seller is selling AS IS. All units are up to date with TWP CO's and housing where necessary. Seller would like the buyer to use his title company to purchase. Buyer responsible for their own Due Diligence before purchase. Dont miss this opportunityschedule your showing today!
Presented By: Keller Williams - Main Street

Interior Features for 261 Highland Avenue

Bedrooms

Main Level Bedrooms4
Total Bedrooms4

Bathrooms

Total Baths1

Other Interior Features

LivingAreaSourceAssessor
Below Grade Unfin Area UnitsSquare Feet
Below Grade Unfin SQFT0
Below Grade Unfin SQFT SourceAssessor
Above Grade Finished Area1400
Above Grade Finished Area SourceAssessor
Above Grade Finished Area Unit TypeSquare Feet
BasementFull, Unfinished
Basement (Y/N)Yes
Below Grade Finished Area
Below Grade Finished Area SourceAssessor
Below Grade Finished Area Unit TypeSquare Feet
Central Air Y/NNo
Fireplace Y/NNo
FlooringFully Carpeted, Vinyl
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Laundry TypeBasement

Other Rooms

Room TypeLiving Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1

Room Details for 261 Highland Avenue

Bedroom 1

area 0 X 0
level Upper 1

Bedroom 2

area 0 X 0
level Upper 1

Bedroom 3

area 0 X 0
level Upper 1

Dining Room

area 0 X 0
level Main

Kitchen

area 0 X 0
level Main
description Kitchen - Gas Cooking

Living Room

area 0 X 0
level Main

Primary Bedroom

area 0 X 0
level Upper 1

Primary Bedroom # 2

level Unspecified

General for 261 Highland Avenue

Acceptable FinancingConventional, VA, FHA 203(b)
AccessibilityNone
Architectural StyleColonial
Bathrooms Count Main Level1.00
Bathrooms Full Main Level1
CityTRENTON
Condo/Coop Association fee Y/NNo
Construction MaterialsBrick
Cool FuelNatural Gas
CoolingNone
CountyMERCER
DirectionsFrom I-295, take Exit 72A to Route 31 North (Pennington Rd.). Continue to Highland Avenue and follow to the property. Conveniently located near downtown Trenton with easy access to Routes 1, 29, 31, and
ExclusionsTenant's personal property.
Full Baths1
Garage Y/NNo
HOANo
HeatingRadiator
Levels2
Living Area1400
Lot Size Square Feet2200.00
Lot Size UnitsSquare Feet
MLS AreaTrenton City (21111)
MunicipalityTRENTON CITY
New ConstructionNo
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
Possession0-30 Days CD
Price Per Sq Ft Total AG153.57
Property TypeResidential
School DistrictTRENTON PUBLIC SCHOOLS
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Structure TypeTwin/Semi-Detached
Subdivision NameNONE AVAILABLE
Tax Annual Amount2249.0
Tax Assessed Value38200.0
Tax Lot00004
Tax Year2025
Total Rooms7
Total SQFT1400
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1909
Year Built SourceAssessor
ZoningRES

Exterior for 261 Highland Avenue

Foundation DetailsBrick/Mortar
Land Use Code
Lot Dimensions22.00 x 100.00
Lot FeaturesLevel
Lot Size Acres0.05
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Monica Henriques

Real Estate Agent
Price $215,000
MLS#NJME2080126
List Date 07/04/2026
Property Type Townhouse
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