Under Contract

MLS: #NJME2074050, Listed By: Kathleen Quarterman, Quarterman Realty Group Inc., Source:Bright MLS

321 Parkway Avenue

TRENTON, NJ 08618
Mark as Favorite
Bed 4

Bed

Bath 0

Bath

SqFt1,816

Sqft

Acres0.12

Acre(Lot)

Investor opportunity in Trenton, New Jersey—this fully tenant-occupied, detached 2-unit property offers immediate rental income with room to increase returns. With approximately 1,816 sq ft of finished space, the property features a traditional, functional layout designed for long-term tenant appeal. Each unit includes an eat-in kitchen, 2 bedrooms, a full bathroom with tub/shower, and ceiling fans throughout for added comfort and efficiency. A full, unfinished basement with rear access provides additional storage and presents a clear opportunity for future value—whether as a shared laundry area or potential finished space. The property is in average, rentable condition, allowing for immediate cash flow while giving the next owner the ability to implement strategic upgrades over time to drive rents and equity. Roof (2021). Hot Water Heater (2024). Located within close proximity to major routes, schools, and local amenities, this property benefits from consistent tenant demand and long-term upside in an improving market.

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $279,000

AD Id : 77552244

MLS Id : NJME2074050

Beds : 4

Lot Size : 0.12 Acre

Living Area Size : 1,816

Year Built : 1922

County : MERCER

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 4

    Room Information

    Rooms Total: 8 Has Basement: Yes Basement: Full, Unfinished
  • Roofing Information

    Shingle
  • Interior Features

    Eat-in Kitchen, Ceiling Fan(s) Roof: Shingle Appliances: Gas Range, Gas Oven, Cooktop, Gas Water Heater, Refrigerator, Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Radiant Has Cooling: Yes Cooling: Ceiling Fan(s), Wall Unit(s), Electric

  • Building Information

    Year Built: 1922 Building Area Total: 1816 Construction Materials: Frame Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: 50x108 Lot Size Acres: 0.12 Lot Size Source: Estimated Lot Size Square Feet: 5227

  • Listing Price Information

    Listing Price: $279000

  • Tax Information

    Parcel Number: 11-34601-00053 Tax Lot: 00053 Tax Year: 2025 Annual Tax: $6390

  • Parking Information

    Parking Total: 1 Driveway

  • Location Information

    Direction: Take ramp onto I-295 N. Take exit 60 toward RT-29/Trenton onto RT-29 N/RT-129 N. Continue on RT-29 N toward Capitol Complex/Lambertville. Take the exit toward Calhoun St/Capitol Complex/Thomos Edison State University onto Calhoun St. Turn left onto Pennington Ave (RT-31). Turn left onto Parkway Ave (CR-634). WaterSource: Public
Sell a home like this and save $16,241 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
102 N Stockton Street, Trenton, NJ, 08618 $499,900 6 -- --
431 Martin Luther King .., Trenton, NJ, 08618 $250,000 8 -- --
146 W Hanover Street, Trenton, NJ, 08618 $375,000 4 -- 2,295 2,295 SqFt
169 Pennington Avenue, Trenton, NJ, 08618 $449,000 4 -- 2,321 2,321 SqFt
29 Marion Street, Trenton, NJ, 08618 $329,000 5 -- 1,840 1,840 SqFt
315 Rutherford Avenue, Trenton, NJ, 08618 $329,000 5 -- 1,578 1,578 SqFt
327 Rutherford Avenue, Trenton, NJ, 08618 $300,000 5 -- 1,480 1,480 SqFt
560 Edgewood Avenue, Trenton, NJ, 08618 $459,900 9 -- 4,440 4,440 SqFt
43 Laurel Avenue, Trenton, NJ, 08618 $265,000 -- -- 1,336 1,336 SqFt
723 W State St, Trenton, NJ, 08618 $520,000 9 -- 6,657 6,657 SqFt

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 06/22/2026 @ 10:11

MLS: NJME2074050 LISTED BY: Kathleen Quarterman, Quarterman Realty Group Inc. 856-283-2338 SOURCE: Bright MLS

Homes around $279,000

Selling? Save $16,241 when you sell a home like this

Tour with a ByOwner Agent