**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!
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
Owner options
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$1,984/mo
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$1,984/mo
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$3,052/mo
Est. payment
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$3,052/mo
Est. payment
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List your homeWhat's special
Brand new roofNew furnaceNew hot water heaters
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
| Date | Event | Price |
|---|---|---|
| 6/23/2025 | Sold | $425,000$169/sqft |
Source: Public Record Report a problem | ||
| 2/14/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 2/2/2025 | Listed for sale | $425,000+208%$169/sqft |
Source: Owner Report a problem | ||
| 9/23/2019 | Sold | $138,000+452%$55/sqft |
Source: Public Record Report a problem | ||
| 6/14/2019 | Listing removed | $900 |
Source: SlateHouse Group Property Management Report a problem | ||
| 3/22/2019 | Listed for rent | $900 |
Source: SlateHouse Group Property Management Report a problem | ||
| 12/31/2008 | Sold | $25,000$10/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
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Nearby schools
GreatSchools rating
- 2/10Clara Parker Intermediate SchoolGrades: 4-6Distance: 0.1 mi
- 1/10Trenton Central High School-9th Grade AcademyGrades: 9Distance: 1.1 mi
- 1/10Trenton Central High SchoolGrades: 10-12Distance: 1.3 mi
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- New Jersey
- Mercer County
- Trenton
- 08611
- Downtown
- 128-130 Ferry St