Trenton, NJ 08608 127 N Broad Street

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Presented By: RE/MAX Preferred - Cherry Hill
  • MLS# NJME2059212
  • 05/07/2025
  • Request Tour
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  • SQFT • 3,900

Home Details

Turnkey 7-Unit Mixed-Use Investment Opportunity in the Heart of Trenton. This is a rare opportunity to acquire a fully operational, income-producing seven-unit mixed-use property located on Broad Street in the rapidly revitalizing downtown Trenton corridor. Ideal for investors seeking a stable asset with immediate returns and long-term growth potential, this property offers a blend of residential and commercial income streams in a high-demand rental market. The building consists of 5 studio apartments and 1 one-bedroom unit, and a spacious ground-floor commercial retail space. Currently, five of the six residential units are occupied on a month-to-month basis, providing consistent cash flow and flexibility for future rental adjustments or upgrades. The retail space is presently vacant, offering an excellent value-add opportunity with an estimated monthly rental potential of $2,000. A new furnace has been recently installed, further enhancing the property's appeal as a turnkey investment. Strategically positioned within the boundaries of the Trenton Downtown Association, the property is eligible for various business incentives and grant programs designed to attract and support new commercial ventures. This location is considered prime, with strong pedestrian traffic and visibility. It is within walking distance to Mercer County College, the Trenton Public Library, the government offices, shopping centers, and multiple public transportation options. The property is being sold in as-is condition. The seller will make no repairs, and the buyer will be responsible for obtaining the Certificate of Occupancy. With solid in-place income, clear value-add potential in the commercial space, and the added advantage of downtown redevelopment incentives, this offering presents an exceptional investment opportunity for those looking to expand their portfolio in an emerging market. For qualified investors, this property represents both stability and upside in a central, growing location. Owner pays for gas, water and sewer, tenant pays electric.
Presented By: RE/MAX Preferred - Cherry Hill

Interior Features for 127 N Broad Street

Other Interior Features

Central Air Y/NNo
FlooringWood
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Total Stories3

General for 127 N Broad Street

Acceptable FinancingCash, Conventional
Accessibility2+ Access Exits
Business TypeApartment Building, Hair Salon and Spa, Other/General Retail, Restaurant/Bar, Supermarket/Grocery Store
CityTRENTON
Construction MaterialsBrick
Cool FuelElectric
CoolingWindow Unit(s)
CountyMERCER
DirectionsGPS
Electric200+ Amp Service
HeatingRadiator
Location TypeDowntown
Lot Size Square Feet2705.00
Lot Size UnitsSquare Feet
MLS AreaTrenton City (21111)
ModificationTimestamp2025-05-14T14:03:57
MunicipalityTRENTON CITY
New ConstructionNo
Number Of Units Total7
OwnershipFee Simple
PossessionNegotiable, Immediate, 0-30 Days CD
Price Per Sq Ft Total AG118.59
Property ConditionGood
Property SubtypeFive Or More Units
Property TypeCommercial Sale
RoofRubber, Other
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount9687.0
Tax Assessed Value167000.0
Tax Lot00024
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1950
Year Built SourceAssessor
ZoningMIXED USE, BA

Exterior for 127 N Broad Street

Building Area Total3900.00
Car Parking Spaces
Land Assessed Value62400.00
Land Use Code
Lot Dimensions19.20 x 141.00
Lot Size Acres0.06
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
WaterfrontY/NNo

Additional Details

Price History

Aleksandar Tomic

Real Estate Professional
Price $462,500
MLS#NJME2059212
List Date 05/07/2025
Property Type Commercial
Phone 571.207.5186
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