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For sale
    • Price cut: $10K (7/13)
    $205,000

    181 Locust St, Trenton, NJ 08609

    7beds
    1,192sqft
    : 
    $1,529/mo
    Get pre-qualified
    Townhouse
    Built in 1905
    1,708 Square Feet Lot
    $206,900 Zestimate®
    $172/sqft
    $-- HOA

    What's special

    Investor Alert! Strong cap rate and annual return opportunity here. This 7 bedroom 2 bathroom with a tenant already in place and generating solid rental income. The property is producing an annual NOI of approximately $5,480.60 making it an attractive addition to an investment portfolio. Bring your finishing touches and unlock even more potential. With routine upkeep. This income-producing rental is positioned to help you generate consistent monthly cash flow. This property is being sold as part of a larger portfolio with multiple locations throughout New Jersey. Buyers may be eligible for a discount when purchasing more than one property or acquiring the portfolio as a package deal. The seller can also offer creative financing options, including the potential to take over the existing mortgage on these properties. Ask about it before or after your tour. This unit is located in a ever increasing , convenient area near local parks, eateries, and entertainment to enjoy from Philadelphia and New Jersey, This rental offers both investment appeal and stable long-term tenants that need housing. The seller is selling AS IS. All units are up to date with TWP CO's and housing where necessary. Seller would like the buyer to use his title company to purchase. Buyer responsible for their own Due Diligence before purchase. Don’t miss this opportunity—schedule your showing today!
    44 days
    |
    147
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Carol Terrell 856-534-4238,

    Keller Williams - Main Street,

    Listing Team: Terrell Group, Co-Listing Team: Terrell Group,Co-Listing Agent: Jovanni Guzman 347-489-6394,

    Keller Williams - Main Street

    Source: Bright MLS,MLS#: NJME2080108MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
      Primary bedroom
      • Level: Upper
      • Area: 0 Square Feet
      • Dimensions: 0 X 0
      Primary bedroom
      • Level: Unspecified
      Bedroom 1
      • Level: Upper
      • Area: 0 Square Feet
      • Dimensions: 0 X 0
      Bedroom 2
      • Level: Upper
      • Area: 0 Square Feet
      • Dimensions: 0 X 0
      Bedroom 3
      • Level: Upper
      • Area: 0 Square Feet
      • Dimensions: 0 X 0
      Dining room
      • Level: Main
      • Area: 0 Square Feet
      • Dimensions: 0 X 0
      Kitchen
      • Features: Kitchen - Gas Cooking
      • Level: Main
      • Area: 0 Square Feet
      • Dimensions: 0 X 0
      Living room
      • Level: Main
      • Area: 0 Square Feet
      • Dimensions: 0 X 0
      Heating
      • Hot Water, Natural Gas
      Cooling
      • None, Natural Gas
      Appliances
      • Included: Gas Water Heater
      • Laundry: In Basement
      Features
      • Basement: Full,Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 1,192
      • Total interior livable area: 1,192 sqft
      • Finished area above ground: 1,192
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Driveway
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Pool features: None
      Lot
      • Size: 1,708 Square Feet
      • Dimensions: 14.00 x 122.00
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 111300100017
      • Zoning: RES
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Colonial
      • Property subtype: Townhouse
      Materials
      • Brick
      • Foundation: Brick/Mortar
      Condition
      • New construction: No
      • Year built: 1905

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: None Available
      HOA
      • Has HOA: No
      Location
      • Region: Trenton
      • Municipality: TRENTON CITY

      Financial & listing details

      • Price per square foot: $172/sqft
      • Tax assessed value: $40,500
      • Annual tax amount: $2,385
      • Date on market: 7/4/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: FHA 203(b),Cash,Negotiable,Seller Financing,Conventional
      • Inclusions: All Appliances And Fixtures Are Being Transferred In Their As Is Condition.
      • Exclusions: Tenant's Personal Property
      • Ownership: Fee Simple

        Estimated market value

        $206,900

        $197,000 - $217,000

        $2,874/mo

        Price history

        DateEventPrice
        7/13/2026Price change$205,000-4.7%$172/sqft
        Source: Bright MLS #NJME2080108 Report a problem
        7/4/2026Listed for sale$215,000$180/sqft
        Source: Bright MLS #NJME2080108 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,349 $40,500
        2024$2,349 +4.5%$40,500
        2023$2,249 $40,500
        2022$2,249 +0.3%$40,500
        2021$2,242 +1.6%$40,500
        2020$2,206 +4.5%$40,500
        2019$2,111 +5.2%$40,500
        2018$2,007 -7.7%$40,500
        2017$2,175 +0.3%$40,500 +7.1%
        2016$2,167 +0.5%$37,800
        2015$2,157 +0.6%$37,800
        2014$2,144 +0.6%$37,800
        2012$2,130 +2.9%$37,800
        2011$2,071 +16.8%$37,800
        2010$1,773 +7%$37,800
        2009$1,657 +4.6%$37,800
        2008$1,584 +2.2%$37,800
        2007$1,550 $37,800
        2006-- $37,800
        2005-- $37,800
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: Greenwood & Hamilton

        Getting around

        75 / 100
        Very Walkable
        56 / 100
        Good Transit
        53 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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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