Trenton, NJ 08611 724 Division Street

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Presented By: Century 21 Alliance-Moorestown
  • MLS# NJME2069098
  • 10/29/2025
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  • Beds • 7

Home Details

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 a 9.1% 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)
Presented By: Century 21 Alliance-Moorestown

Interior Features for 724 Division Street

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceEstimated
Central Air Y/NNo
Heating FuelOil
Heating Y/NYes
Hot WaterOil
Total Stories3

General for 724 Division Street

Acceptable FinancingCash, Other, Private
AccessibilityNone
Architectural StyleOther
CityTRENTON
Construction MaterialsFrame
Cool FuelNone
CoolingNone
CountyMERCER
DirectionsGPS
Garage Y/NNo
HeatingRadiator
Living Area4905
Lot Size Square Feet0.00
Lot Size UnitsSquare Feet
MLS AreaTrenton City (21111)
MunicipalityTRENTON CITY
New ConstructionNo
Number Of Units Total4
One Bedroom Units Count5
Other StructuresAbove Grade
Other UnitsUnit 1, Unit 2, Unit 4, Unit 5, Unit 3, Unit 6
OwnershipFee Simple
Possession0-30 Days CD, 31-60 Days CD
Price Per Sq Ft Total AG183.49
Property SubtypeOther
Property TypeMulti-Family
School DistrictTRENTON PUBLIC SCHOOLS
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeDetached
Tax Annual Amount11108.0
Tax Assessed Value191500.0
Tax Year2024
Total SQFT4905
Two Bedroom1
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1897
Year Built SourceEstimated
ZoningRESIDENTIAL

Exterior for 724 Division Street

Foundation DetailsOther
Land Assessed Value57000.00
Lot Size Acres0.00
Lot Size SourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street, Parking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $899,999
MLS#NJME2069098
List Date 10/29/2025
Property Type Multi-Family
Phone 703.929.4729
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