MLS: #NJME2080108, Listed By: Carol Terrell, Keller Williams - Main Street, Source:Bright MLS
181 Locust Street
TRENTON, NJ 08609
7
Bed
2
Bath
1,192Sqft
0.04Acre(Lot)
Investor Alert! Strong cap rate and annual return opportunity here. This 2 bedroom 1 bathroom with a tenant already in place and generating solid rental income. The property is producing an annual NOI of approximately $5,480.60 making it an attractive addition to an investment portfolio. Bring your finishing touches and unlock even more potential. With routine upkeep. This income-producing rental is positioned to help you generate consistent monthly cash flow. This property is being sold as part of a larger portfolio with multiple locations throughout New Jersey. Buyers may be eligible for a discount when purchasing more than one property or acquiring the portfolio as a package deal. The seller can also offer creative financing options, including the potential to take over the existing mor
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 7Bathroom Information
Total Baths: 2 Full Baths: 2Room Information
Rooms Total: 7 Has Basement: Yes Basement: Full, Unfinished -
Interior Features
Appliances: Gas Water Heater Laundry Features: In Basement -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Hot Water Has Cooling: Yes Cooling: None, Gas
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Building Information
Year Built: 1905 Building Area Total: 1192 Construction Materials: Brick Pool Features: None Private Pool: No
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Lot Information
Lot Dimensions: 14.00 x 122.00 Lot Size Acres: 0.04 Lot Size Source: Assessor Lot Size Square Feet: 1708Property Information
Subdivision: NONE AVAILABLE Source Property Type: Residential Postal Code Plus 4: 1427 Property SubType: Townhouse Levels: Two Property Age: 121
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Listing Price Information
Listing Price: $215000
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Tax Information
Parcel Number: 11-13001-00017 Tax Lot: 00017 Tax Year: 2025 Annual Tax: $2385
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Parking Information
Driveway
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Location Information
Direction: From I-295, take Exit 60A to Route 129 North. Continue toward downtown Trenton, then follow local streets to Locust Street. Property offers convenient access to Routes 1, 29, 129, and I-295, and is just minutes from the Trenton Transit Center. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 43 S Logan Avenue, Trenton, NJ, 08609 | $259,999 | 3 | 1 | 864 | 864 SqFt |
| 57 Garfield Avenue, Trenton, NJ, 08609 | $259,000 | 4 | 1 | 1,184 | 1,184 SqFt |
| 1224 E State Street, Trenton, NJ, 08609 | $255,000 | 4 | 1 | 1,373 | 1,373 SqFt |
| 114 Chambers Street, Trenton, NJ, 08609 | $200,000 | 4 | 2 | 1,368 | 1,368 SqFt |
| 112 Chambers Street, Trenton, NJ, 08609 | $200,000 | 4 | 2 | 1,488 | 1,488 SqFt |
| 110 Chambers Street, Trenton, NJ, 08609 | $200,000 | 4 | 2 | 1,488 | 1,488 SqFt |
| 837 E State Street, Trenton, NJ, 08609 | $215,000 | 5 | 2 | 1,716 | 1,716 SqFt |
| 781 E State Street, Trenton, NJ, 08609 | $279,000 | 5 | 2 | 1,809 | 1,809 SqFt |
| 16 Carroll Street, Trenton, NJ, 08609 | $315,000 | 5 | 2 | 2,708 | 2,708 SqFt |
| 29 Carroll Street, Trenton, NJ, 08609 | $285,000 | 3 | 3 | 1,748 | 1,748 SqFt |
Similar Townhouse To 181 Locust Street
Nearby For Sale
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 07/05/2026 @ 11:01
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