Active

MLS: #NJME2069098, Listed By: Andrei Gayed, Century 21 Alliance-Moorestown, Source:Bright MLS

724 Division Street

TRENTON, NJ 08611
Mark as Favorite
Bed 7

Bed

Bath 0

Bath

SqFt4,905

Sqft

**MAKE SURE YOU ARE ON TIME TO ALL SHOWINGS, PROPERTY MANAGER WILL LEAVE AFTER 10 MINUTES OF BEING LATE**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 $10 6,292 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)

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $890,000

AD Id : 68226050

MLS Id : NJME2069098

Beds : 7

Living Area Size : 4,905

Year Built : 1897

County : MERCER

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 7
  • Heating & Cooling

    Has Heating: Yes Heating: Oil, Radiant Cooling: None

  • Building Information

    Year Built: 1897 Building Area Total: 4905 Construction Materials: Frame Pool Features: None Private Pool: No

  • Lot Information

    Lot Size Source: Estimated

  • Listing Price Information

    Listing Price: $890000

  • Tax Information

    Parcel Number: 11-19302-00025 Tax Year: 2024 Annual Tax: $11108

  • Parking Information

    On Street, Parking Lot

  • Location Information

    Direction: GPS WaterSource: Public
Sell a home like this and save $52,901 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
1081 S Clinton Avenue, Trenton, NJ, 08611 $625,000 4 -- 3,501 3,501 SqFt
332 Elmer Street, Trenton, NJ, 08611 $290,000 3 -- 1,488 1,488 SqFt
114 Bayard Street, Trenton, NJ, 08611 $309,900 5 -- 1,840 1,840 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 06/23/2026 @ 17:26

MLS: NJME2069098 LISTED BY: Andrei Gayed, Century 21 Alliance-Moorestown 856-235-4664 SOURCE: Bright MLS

Homes around $890,000

Selling? Save $52,901 when you sell a home like this

Tour with a ByOwner Agent