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

contact an agent

Yes, I would like more information from ERA®. Please use and/or share my information with an ERA affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an ERA affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

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)