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Sold for $425,000
  • $425,000

    128-130 Ferry St, Trenton, NJ 08611

    8beds
    2,520sqft
    MultiFamily
    Built in 1887
    -- sqft lot
    $451,300 Zestimate®
    $169/sqft
    $1,984 Estimated rent

    Home value

    $451,300

    $393,000 - $510,000

    $1,984/mo

    Zestimate® history
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    $1,984/mo

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    $3,052/mo

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    $3,052/mo

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    What's special

    Brand new roofNew furnaceNew hot water heaters
    **Disclaimer: not working with listing agents, only working with buyer's agents. Property not ready to show until February 23rd and March 2nd, please do not harass tenants. Email jmjpromanagement@gmail.com to submit an offer or to discuss further details as I may be at work and cannot answer the phone. Best and final offers will be considered March 3rd** Calling all investors! This well-maintained property consists of three HOUSES and four garages and is classified as a multifamily property on one parcel and one tax roll. 128 Ferry is a 2 bed 1 bath with an unfinished attic that can become a 3rd bedroom which is currently rented for $1,560.00/mo. with a 3-year long-term tenant. Annual lease expires September 30, 2025. 130 Ferry St is a 3 bed 1 bath house rented for the past two years for $1,900.00 per month. Annual lease recently renewed, expires February 28, 2026. 132 Ferry St is a 3 bed 1 bath house rented at $2,000 since October 2024. Annual lease expires September 30, 2025. Three of the garages have been rented out for 4 years to long-term tenants for $100/month. One of the garages is occupied by the owner but will move out upon closing so there is room to increase the income. Annual leases recently renewed on February 1, 2025, and expires January 31, 2026. Each house has their own backyards fenced in by wooden fences that were installed in September 2023. All new hot water heaters less than 2 years old and one is a few months old. One new furnace is two years old. Brand new roof down to the studs, siding, garage roof, downspouts and gutters all installed in October 2019. Garage doors need to be upgraded but no issues with the property at all. All good tenants, current on rent, and quiet. Current rent totaling $5,760 per month with room for growth. Great turnkey property!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced air, Gas
    Appliances
    • Included: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Hardwood, Laminate, Linoleum / Vinyl
    • Basement: Unfinished
    Interior area
    • Total interior livable area: 2,520 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage - Attached
    Features
    • Exterior features: Vinyl, Wood, Cement / Concrete
    Lot
    • Size: 2,556 Square Feet
    Details
    • Parcel number: 1110901000000008

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1887

    Community & HOA

    Location
    • Region: Trenton

    Financial & listing details

    • Price per square foot: $169/sqft
    • Tax assessed value: $121,400
    • Annual tax amount: $7,042

    Price history

    DateEventPrice
    6/23/2025Sold$425,000$169/sqft
    Source: Public Record Report a problem
    2/14/2025Listing removed--
    Source: Owner Report a problem
    2/2/2025Listed for sale$425,000+208%$169/sqft
    Source: Owner Report a problem
    9/23/2019Sold$138,000+452%$55/sqft
    Source: Public Record Report a problem
    6/14/2019Listing removed$900
    Source: SlateHouse Group Property Management Report a problem
    3/22/2019Listed for rent$900
    Source: SlateHouse Group Property Management Report a problem
    12/31/2008Sold$25,000$10/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,042 $121,400
    2024$7,042 +4.5%$121,400
    2023$6,741 $121,400
    2022$6,741 +0.3%$121,400
    2021$6,719 +51.6%$121,400 +49.1%
    2020$4,433 +4.5%$81,400
    2019$4,243 +5.2%$81,400
    2018$4,033 +44.9%$81,400
    2017$2,784 +0.3%$81,400 +68.2%
    2016$2,775 +0.5%$48,400
    2015$2,762 +0.6%$48,400
    2014$2,745 +0.6%$48,400
    2012$2,728 +2.9%$48,400
    2011$2,651 +16.8%$48,400
    2010$2,270 +7%$48,400
    2009$2,121 +4.6%$48,400
    2008$2,028 +2.2%$48,400
    2007$1,984 $48,400
    2006-- $48,400
    2005-- $48,400
    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
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