232 N Clinton Avenue Trenton, NJ $ 434,900
232 N Clinton Avenue
$ 434,900
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232 N Clinton Avenue

Trenton, NJ, 08609
$ 434,900
Baths0.0 Sq 3,400

Monthly Estimate*

$ 2,890

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Studio

Commercial Property for sale in Trenton, NJ

for $434,900. This 3,400 square foot building was built in 1950 on a lot size of 0.06.

Totally renovated mixed use building. Two apartments on top with an open space on the bottom. COMMERCIAL SPACE ON THE BOTTOM. NO BARBER SHOP. The building is centrally located. The police station is across the street. Theres a parking lot nearby and outside the building. Street parking in front of building. Vacant lot next door. The barbershop has been replaced a business space thats rented for $3k a month. Each apartment is rented for $1150 each. TOTAL RENTS ARE $5,300 A MONTH. The basement is totally finished with rooms and a plumbing for a bathroom.. All appliances, electric, plumbing, heating and air conditioners are newer. The ex barbershop is vacant and can be used for office space as well. Train and bus is close by. The apartments are leased till September/October. Major highways are close by. No work needed to the property. Inspections are all passed by city and private inspection passed.

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Commercial Active

Price

$ 434,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 10,805

Style

Apartment Building,Professional,Supermarket/Grocer

Lot Size

0.06

Year Built

1950

Town/City

Trenton

County/Region

Mercer

MLS | Web ID

NJME2043284

Features
Interior
Heating Fuel None
Flooring Ceramic Tile Fully Carpeted
Hot Water Electric
Heating Y/N Y
Street Suffix AVENUE
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Central
Cooling Central A/C
Possession 0-30 Days CD
Roof Asphalt
Zoning COMMERCIAL
Security Features Carbon Monoxide Detector(s) Electric Alarm Smoke Detector
Construction Materials Frame
Exclusions Tenants personal property
Year Built 1950
Electric 200+ Amp Service
View Garden/Lawn
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel None
Municipality TRENTON CITY
Business Type Apartment Building Professional Supermarket/Grocery Store Other
Accessibility 2+ Access Exits Doors - Swing In
County MERCER
Net Operating Income 60000.00
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Rt 1 to N Clinton
City TRENTON
Buyer Agent Compensation 2
Disclosures None
Total Units 0
MLS Area Trenton City (21111)
Lot Size Square Feet 2500.00
Waterfront Y/N N
Street Name CLINTON
Tax Annual Amount 10805.0
Property Condition Excellent
Acceptable Financing Cash Private Bank Portfolio Negotiable Other
Vacation Rental Y/N N
Days on Market 6
Location Type Business Park
Standard Status Active
Year Built Source Assessor
Tax Lot 00029
Total Actual Rent 63600.00
Cap Rate 13.00
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Parking Features Public
Lot Features Backs - Open Common Area
Water Source Public
Type of Parking On Street
Foundation Details Block
Water View Y/N N
Building Area Total 0.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.06
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 42000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 232
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* Excluded Features
List By
Exp Realty, Llc

Broker

karenrbrown@comcast.net

Email

Affordability Calculator

$3,791
Per Month
76%
24%
0%
Monthly Principal & Interest
$2,890
Monthly Property Taxes
$900
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/18/2024$434,900 -0.02% Price Down
5/13/2024$434,990 Listed Price

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232 N Clinton Avenue, Trenton, NJ, 08609 is a Commercial Property for sale at $434,900 with 3,400 sqft and a lot size of 0.06. 232 N Clinton Avenue is a studio with 0.0 baths and was built in 1950. The property's zip code is 08609 which is in Trenton, NJ