Investor opportunity in the heart of Trenton! This three-family property at 146 West Hanover Street offers immediate income potential with strong upside. The unit mix includes a vacant ground-floor 3-bedroom, 1-bath unit ready for lease at market rent, plus two income-producing units: a 1-bedroom/1-bath on the second floor and a studio with 1 bath on the third floor. With two units currently generating rental income and one vacant unit ready to be rented or owner/occupant, this property presents a flexible investment strategy for both seasoned and new investors. Buyer responsible for obtaining the Certificate of Occupancy. Conveniently located near downtown amenities, transportation, and just minutes from Cadwalader Park, this is a solid addition to any portfolio with immediate cash flow and long-term potential.
For sale
Price cut: $25K (7/22)
$350,000
146 W Hanover St, Trenton, NJ 08618
5beds
--baths
2,295sqft
Townhouse
Built in 1897
-- sqft lot
$-- Zestimate®
$153/sqft
$-- HOA
What's special
- 190 days |
- 201 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Andy Adell 732-580-3720,
Compass New Jersey, LLC - Moorestown
Source: Bright MLS,MLS#: NJME2072758
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
Basement
- Area: 0
Heating
- Baseboard, Natural Gas
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 2,295
- Total interior livable area: 2,295 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,281 Square Feet
- Dimensions: 16.00 x 80.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 110350200043
- Zoning: MU
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Other
Condition
- New construction: No
- Year built: 1897
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Trenton
- Municipality: TRENTON CITY
Financial & listing details
- Price per square foot: $153/sqft
- Tax assessed value: $87,400
- Annual tax amount: $5,147
- Date on market: 2/19/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,860/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/22/2026 | Price change | $350,000-6.7%$153/sqft |
Source: | ||
| 2/19/2026 | Listed for sale | $375,000+886.8%$163/sqft |
Source: | ||
| 1/11/2021 | Sold | $38,000+38.2%$17/sqft |
Source: Public Record Report a problem | ||
| 8/28/2019 | Listing removed | $700 |
Source: Zillow Rental Manager Report a problem | ||
| 8/16/2019 | Listed for rent | $700 |
Source: Zillow Rental Manager Report a problem | ||
| 5/28/2019 | Sold | $27,500-31.1%$12/sqft |
Source: Public Record Report a problem | ||
| 2/2/2019 | Listing removed | $700 |
Source: Zillow Rental Manager Report a problem | ||
| 1/27/2019 | Listed for rent | $700 |
Source: Zillow Rental Manager Report a problem | ||
| 8/31/2017 | Listing removed | $39,931-60%$17/sqft |
Source: Auction.com Report a problem | ||
| 7/18/2017 | Listed for sale | -- |
Source: Auction.com Report a problem | ||
| 10/1/2014 | Listing removed | $99,900$44/sqft |
Source: MJ Lancaster Group LLC #6286980 Report a problem | ||
| 10/1/2013 | Listed for sale | $99,900-63%$44/sqft |
Source: MJ Lancaster Group LLC #6286980 Report a problem | ||
| 2/5/2007 | Sold | $270,000+107.7%$118/sqft |
Source: Public Record Report a problem | ||
| 6/29/2005 | Sold | $130,000$57/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,070 | $87,400 |
| 2024 | $5,070 +4.5% | $87,400 |
| 2023 | $4,853 | $87,400 |
| 2022 | $4,853 +0.3% | $87,400 |
| 2021 | $4,838 +1.6% | $87,400 |
| 2020 | $4,760 +4.5% | $87,400 |
| 2019 | $4,556 +5.2% | $87,400 |
| 2018 | $4,331 +0.1% | $87,400 |
| 2017 | $4,326 +0.3% | $87,400 +16.2% |
| 2016 | $4,311 +141.4% | $75,200 |
| 2015 | $1,786 +0.6% | $75,200 +140.3% |
| 2014 | $1,775 +2.5% | $31,300 |
| 2013 | $1,732 -1.8% | $31,300 |
| 2012 | $1,764 +2.9% | $31,300 |
| 2011 | $1,715 +16.8% | $31,300 |
| 2010 | $1,468 +7% | $31,300 |
| 2009 | $1,372 +4.6% | $31,300 |
| 2008 | $1,311 +2.2% | $31,300 |
| 2007 | $1,283 | $31,300 |
| 2006 | -- | $31,300 |
| 2005 | -- | $31,300 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 1/10Cadwalader Elementary SchoolGrades: K-3Distance: 0.7 mi
- 1/10Trenton Central High School-9th Grade AcademyGrades: 9Distance: 0.6 mi
- 2/10Holland Middle SchoolGrades: 7-8Distance: 1.4 mi
Schools provided by the listing agent
- District: Trenton Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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