542 E STATE ST Trenton, NJ 08609
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Subdivision None Available
MLS Listing ID NJME2074278
Year Built 1920
Available Date 2026-03-31
Annual Tax Amount $7,541
Tax Year 2025
Lot Dimensions 25x147
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Minor upgrades have been made in the past year including a new roof, upgraded heating system and unit renovations.
The building has a current green card.
This neighborhood is well served by Route 1 access and a very short walk to the Trenton Transit Center.
There is a significant value-add opportunity from rent growth in this portfolio – the current rents are below market and as the neighborhood improves, rents will rise.
Location
State NJ
County Mercer
Area Trenton City (21111)
Zoning DDC
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling None
Heat Source Natural Gas
Exterior
Utilities Available Electric Available, Sewer Available, Water Available
Water Access N
Accessibility None
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Trenton Public Schools
Others
Tax ID 11-01301-00013
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Private
Listing Terms Cash, Conventional, Private
Financing Cash,Conventional,Private
Special Listing Condition Standard
