724 Division St, Trenton, NJ 08611
Local realty services provided by:ERA Central Realty Group
724 Division St,Trenton, NJ 08611
$950,000
- 7 Beds
- - Baths
- 4,905 sq. ft.
- Multi-family
- Active
Listed by:andrei essam mounir gayed
Office:century 21 alliance-moorestown
MLS#:NJME2069098
Source:BRIGHTMLS
Price summary
- Price:$950,000
- Price per sq. ft.:$193.68
About this home
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 8.66% cap rate!
!!!!!!Estimated Section 8 rents could generate $10,050/month, producing an annual net income of $106,292 after expenses and an impressive 11.19% 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)
Contact an agent
Home facts
- Year built:1897
- Listing ID #:NJME2069098
- Added:2 day(s) ago
- Updated:November 01, 2025 at 05:31 AM
Rooms and interior
- Bedrooms:7
- Living area:4,905 sq. ft.
Heating and cooling
- Heating:Oil, Radiator
Structure and exterior
- Year built:1897
- Building area:4,905 sq. ft.
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$950,000
- Price per sq. ft.:$193.68
- Tax amount:$11,108 (2024)
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