199 Passaic St, Trenton, NJ 08618
Local realty services provided by:ERA Martin Associates
199 Passaic St,Trenton, NJ 08618
$205,000
- 3 Beds
- 2 Baths
- 1,290 sq. ft.
- Single family
- Active
Listed by: carol terrell, jovanni guzman
Office: keller williams - main street
MLS#:NJME2080088
Source:BRIGHTMLS
Price summary
- Price:$205,000
- Price per sq. ft.:$158.91
About this home
Investor Alert! Strong cap rate and annual return opportunity here. This 3 bedroom 2 bathroom with a tenant already in place and generating solid rental income. The property is producing an annual NOI of approximately $13,136 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. Don’t miss this opportunity—schedule your showing today!...
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Home facts
- Year built:1920
- Listing ID #:NJME2080088
- Added:14 day(s) ago
- Updated:July 19, 2026 at 01:50 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:6
- Dining Description:Dining Room
- Bedroom Description:Primary Bedroom
- Basement:Yes
- Basement Description:Full
- Living area:1,290 sq. ft.
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Flat
- Year built:1920
- Building area:1,290 sq. ft.
- Lot area:0.03 Acres
- Construction Materials:Brick
- Foundation Description:Brick/Mortar
- Levels:2 Stories
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$205,000
- Price per sq. ft.:$158.91
- Tax amount:$1,678 (2025)
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