1291 South Broad Street

Trenton, NJ 08610

$375,000
Price
Beds
1,958 Sq. Ft.
$192 / Sq. Ft.
1,958
Sq. Ft.
$192
per Sq. Ft.

Description

Prime investment opportunity in the heart of Trenton! This mixed-use property offers a commercial space that is currently leased to a convenience store business, providing steady rental income. You’ll also find a spacious residential apartment, also leased to the same occupant adding another stream of income to this cash-flowing asset. Whether you’re looking to expand your portfolio or make your first investment, this property delivers with its excellent tenant history and location. Don’t miss your...Prime investment opportunity in the heart of Trenton! This mixed-use property offers a commercial space that is currently leased to a convenience store business, providing steady rental income. You’ll also find a spacious residential apartment, also leased to the same occupant adding another stream of income to this cash-flowing asset. Whether you’re looking to expand your portfolio or make your first investment, this property delivers with its excellent tenant history and location. Don’t miss your chance to own this investment in a growing area!
  1. Listed by Jasmin Elalfy • NJ Elite Group LLC
    P: (732)-213-3540 jasmin@njelitegroup.com

Property Details for 1291 South Broad Street

Tax ID Number
11-19802-00001
Ownership
Fee Simple
Structure Type
Detached
Style
Ranch/Rambler
Waterfront
No
Garage
No
Municipality
TRENTON CITY
Total Parking Spaces
3
LISTING UPDATED: 10/28/2024 11:30 AM

Property Details for 1291 South Broad Street

StatusActive
MLS #NJME2050296
Days on Market27
Taxes$5,177 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1950
Lot Size0.06 AC / 2,500 SF
CountyMercer County

Building Information for 1291 South Broad Street

Stories-Residences2Year Built1950Building Size-Lot Size0.06 AC / 2,500 SF

Property Information for 1291 South Broad Street

Location
Location
  • School District Name: TRENTON PUBLIC SCHOOLS
  • School District County ID: 300200396606
  • SchoolDistrictSource: Listing Agent
  • County: MERCER
  • MLS Area: Trenton City (21111)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $93,000
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $53,600
  • City Town Tax: $0
  • Land Assessed Value: $39,400
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: 0
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: COM
  • Tax Lot: 00001
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
  • Units Furnished: None
  • Units Leased Count: 2
  • Number Of Units Vacant: 0
  • Number Of Units Month To Month: 2
  • Rent Control: Yes
Financial Information
Financial Information
  • Gross Income: $3,700
  • Annual Rental Income: $3,700
  • Existing Lease Type: Month to Month
Building Info
Building Info
  • Building Level Count: 1
  • Building Units Total: 2
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 25.00 x 100.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 2163254
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: On Street, Parking Lot
  • Parking Lot - # of Spaces: 3
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Central
  • Heating Fuel: Natural Gas
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent URL: www.NJEliteGroup.com

Property History for 1291 South Broad Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1291 South Broad Street

Taxable ValueLand$39,400Additions$53,600Total$93,000
Tax Record2023$5,177 ($431 / month)
Home Facts
Total Finished SqFt1,958 SqFtAbove Grade Finished SqFt1,958 SqFtStories1Lot Size2,500 SqFtStyleMiscellaneous CommercialYear Built1950CountyMERCERAPN11 19802-0000-00001

Schools near 1291 South Broad Street

This home is within Trenton Public School District.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 4 to 6
Public - 7 to 8
Public - 10 to 12
Rating
School
Distance
Franklin Elementary School
PublicK to 3

HEDGEPETH WILLIAM MIDDLE SCHOOL
Public4 to 6

Grace A Dunn Middle School
Public7 to 8

Trenton Central High School
Public10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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1291 South Broad Street is a multi-family home for sale in Trenton, NJ 08610. This property was listed for sale on October 22, 2024 by NJ Elite Group LLC, it's currently listed at $375,000. It has been on the market for a total of 27 days and was last sold on December 9, 2022. This listing's school district is Trenton Public School District. Nearby schools include Franklin Elementary School, HEDGEPETH WILLIAM MIDDLE SCHOOL and Grace A Dunn Middle School. 1291 South Broad Street is a 0-bed, 0-bath, 1,958 sqft multi-family home built in 1950.

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Listing Courtesy of NJ Elite Group LLC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.