NJ > Trenton
Trenton, NJ 08608,328 - 334 E STATE ST
Trenton, NJ 08608,328 - 334 E STATE ST
Trenton, NJ 08608,328 - 334 E STATE ST
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Listed by Karen L Dippolito • Diamond Homes Realty
$1,159,000
Est. payment /mo
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3,206 Sqft Lot
Under Contract

328 - 334 E STATE ST Trenton, NJ 08608

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Addison Wolfe Real Estate

Addison Wolfe Real Estate

+1(215) 862-5500

UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID NJME2040740

Year Built 1950

Annual Tax Amount $9,447

Tax Year 2024

Lot Size 3,206 Sqft

Acres 0.07

Lot Dimensions 12.60 x 58 42.20 x 58.60

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

This renowned and iconic building is currently undergoing an extensive renovation, encompassing new fire escapes, refreshed exterior stucco, upgraded windows, and a brand-new roof. The project includes the transformation of five residential rental units, a street-accessible retail space, and a former restaurant. - no restaurant equipment included. the building has also been equipped with eight electric meters. This offering includes lots 00002.01 and 00003. construction is 100% completed.
the 5 residential units have been newly leased. Call LA for details. this building generates income from 5 residential units, 2 retail/commercial units, 1bill billboard. Landlord is in the process of leasing out retail units unless new buyer wants to purchase vacant Estimated gross income is projected conservatively See offering memorandum NOI in documents. Landlord is in the process of leasing the retail/commercial unit (#1) $1500/mth. 2-3 yr. lease and in the process of leasing the (#2) commercial unit (10/yr. lease. unless new buyer wants them vacant.

Disclaimer: floor plans and dimension are estimated to be accurate to the best of our knowledge.

Location

State NJ

County Mercer

Area Trenton City (21111)

Zoning MIXED USE

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Inclusions 2 buildings, 2 lots, 5 residential units and 2 retail spaces. NOTE: all 5 residential units have been newly leased.

Heat Source Natural Gas

Exterior

Utilities Available Electric Available, Natural Gas Available

Water Access N

Roof Type Flat,Rubber

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Trenton Public Schools

Others

Tax ID 11-00608-00003

Ownership Fee Simple

Special Listing Condition Standard

Bright MLS (BMLS)

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Addison Wolfe Real Estate

Addison Wolfe Real Estate

+1(215) 862-5500

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328 - 334 E STATE ST

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