Investor Alert! Strong cap rate and annual return opportunity here. This 3 bedroom 2 bathroom with a tenant already in place and generating solid rental income. The property is producing an annual NOI of approximately $13,136 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!
For sale
$215,000
199 Passaic St, Trenton, NJ 08618
3beds
1,290sqft
Single Family Residence
Built in 1920
1,306 Square Feet Lot
$212,100 Zestimate®
$167/sqft
$-- HOA
What's special
- 2 days |
- 57 |
- 1 |
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#: NJME2080088
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
Primary bedroom
- Level: Unspecified
Primary bedroom
- Level: Upper
- Area: 0 Square Feet
- Dimensions: 0 X 0
Bedroom 1
- Level: Upper
- Area: 0 Square Feet
- Dimensions: 0 X 0
Bedroom 2
- Level: Upper
- Area: 0 Square Feet
- Dimensions: 0 X 0
Dining room
- Level: Main
- Area: 0 Square Feet
- Dimensions: 0 X 0
Kitchen
- Level: Main
- Area: 0 Square Feet
- Dimensions: 0 X 0
Living room
- Level: Main
- Area: 0 Square Feet
- Dimensions: 0 X 0
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,290
- Total interior livable area: 1,290 sqft
- Finished area above ground: 1,290
- Finished area below ground: 0
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 1,306 Square Feet
- Dimensions: 16.30 x 80.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 1100019 B00270
- Zoning: RES
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Brick/Mortar
- Roof: Flat
Condition
- New construction: No
- Year built: 1920
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: $167/sqft
- Tax assessed value: $28,500
- Annual tax amount: $1,678
- Date on market: 7/4/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,Seller Financing,Negotiable
- Inclusions: All Appliances And Fixtures Are Being Transferred In Their As Is Condition.
- Exclusions: Tenant's Personal Property
- Ownership: Fee Simple
Estimated market value
$212,100
$201,000 - $223,000
$2,012/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/4/2026 | Listed for sale | $215,000+168.8%$167/sqft |
Source:  Bright MLS #NJME2080088 Report a problem | ||
| 3/31/2023 | Sold | $80,000-15.8%$62/sqft |
Source:  GSMLS #3812042 Report a problem | ||
| 2/21/2023 | Pending sale | $95,000$74/sqft |
Source: GSMLS #3812042 Report a problem | ||
| 10/11/2022 | Listed for sale | $95,000+944%$74/sqft |
Source: GSMLS #3812042 Report a problem | ||
| 8/14/2015 | Sold | $9,100-85.4%$7/sqft |
Source: Public Record Report a problem | ||
| 5/1/2006 | Sold | $62,500+16.2%$48/sqft |
Source: Public Record Report a problem | ||
| 11/17/2003 | Sold | $53,797+34.5%$42/sqft |
Source: Public Record Report a problem | ||
| 4/30/2002 | Sold | $40,000+370.6%$31/sqft |
Source: Public Record Report a problem | ||
| 1/24/2001 | Sold | $8,500$7/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,653 | $28,500 |
| 2024 | $1,653 +4.5% | $28,500 |
| 2023 | $1,583 | $28,500 |
| 2022 | $1,583 +0.3% | $28,500 |
| 2021 | $1,577 +1.6% | $28,500 |
| 2020 | $1,552 -21.6% | $28,500 |
| 2019 | $1,981 +5.2% | $28,500 -25% |
| 2018 | $1,883 -8.8% | $38,000 |
| 2017 | $2,065 +0.3% | $38,000 +5.8% |
| 2016 | $2,058 +0.5% | $35,900 |
| 2015 | $2,048 +0.6% | $35,900 |
| 2014 | $2,036 +0.6% | $35,900 |
| 2012 | $2,023 +2.9% | $35,900 |
| 2011 | $1,967 +16.8% | $35,900 |
| 2010 | $1,684 | $35,900 |
| 2009 | -- | $35,900 |
| 2008 | $1,504 +2.2% | $35,900 |
| 2007 | $1,472 | $35,900 |
| 2006 | -- | $35,900 |
| 2005 | -- | $35,900 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Central West
Nearby schools
GreatSchools rating
- 1/10Cadwalader Elementary SchoolGrades: K-3Distance: 0.3 mi
- 1/10Trenton Central High School-9th Grade AcademyGrades: 9Distance: 1 mi
- 2/10Holland Middle SchoolGrades: 7-8Distance: 1 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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- New Jersey
- Mercer County
- Trenton
- 08618
- Central West
- 199 Passaic St
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Nearby neighborhoods
Nearby zip codes
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