Investor opportunity in Trenton, New Jersey—this fully tenant-occupied, detached 2-unit property offers immediate rental income with room to increase returns. With approximately 1,816 sq ft of finished space, the property features a traditional, functional layout designed for long-term tenant appeal. Each unit includes an eat-in kitchen, 2 bedrooms, a full bathroom with tub/shower, and ceiling fans throughout for added comfort and efficiency. A full, unfinished basement with rear access provides additional storage and presents a clear opportunity for future value—whether as a shared laundry area or potential finished space. The property is in average, rentable condition, allowing for immediate cash flow while giving the next owner the ability to implement strategic upgrades over time to drive rents and equity. Roof (2021). Hot Water Heater (2024). Located within close proximity to major routes, schools, and local amenities, this property benefits from consistent tenant demand and long-term upside in an improving market.
Sold for $287,370
$287,370
321 Parkway Ave, Trenton, NJ 08618
4beds
2baths
1,816sqft
Duplex
Built in 1922
-- sqft lot
$272,500 Zestimate®
$158/sqft
$2,059 Estimated rent
Home value
$272,500
$259,000 - $286,000
$2,059/mo
Zestimate® history
Owner options
List your home for rent
$2,059/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,059/mo
Rent Zestimate®
Refinance and save
$2,065/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,065/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Eat-in kitchenTraditional functional layout
Zillow last checked:
Listing updated:
Listed by:
Kat Quarterman 646-249-7985,
Quarterman Realty Group Inc.
Bought with:
Marc Lentine, RS366866
RE/MAX Aspire
Source: Bright MLS,MLS#: NJME2074050
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Radiator, Natural Gas
Cooling
- Ceiling Fan(s), Wall Unit(s), Electric
Appliances
- Included: Oven/Range - Gas, Refrigerator, Cooktop, Water Heater, Gas Water Heater
Features
- Bathroom - Tub Shower, Ceiling Fan(s), Floor Plan - Traditional, Eat-in Kitchen
- Basement: Full,Rear Entrance,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,816
- Total interior livable area: 1,816 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway
- Uncovered spaces: 1
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 5,227 Square Feet
- Dimensions: 50 x 108
Details
- Additional structures: Above Grade
- Parcel number: 113460100053
- Zoning: RES
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Duplex
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- Average
- New construction: No
- Year built: 1922
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Trenton
- Municipality: TRENTON CITY
Financial & listing details
- Price per square foot: $158/sqft
- Tax assessed value: $108,500
- Annual tax amount: $6,390
- Date on market: 4/16/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 27288
- Income includes: Apartment Rentals
Price history
| Date | Event | Price |
|---|---|---|
| 7/23/2026 | Sold | $287,370+3%$158/sqft |
Source:  Bright MLS #NJME2074050 Report a problem | ||
| 6/2/2026 | Contingent | $279,000$154/sqft |
Source: Bright MLS #NJME2074050 Report a problem | ||
| 4/16/2026 | Listed for sale | $279,000+228.2%$154/sqft |
Source: Bright MLS #NJME2074050 Report a problem | ||
| 7/24/2017 | Sold | $85,000-7.6%$47/sqft |
Source: Public Record Report a problem | ||
| 6/15/2017 | Pending sale | $92,000$51/sqft |
Source: RE/MAX Home Experts II #6990743 Report a problem | ||
| 5/25/2017 | Listed for sale | $92,000$51/sqft |
Source: RE/MAX Home Experts II #6990743 Report a problem | ||
| 3/21/2017 | Listing removed | $92,000$51/sqft |
Source: Owner Report a problem | ||
| 3/5/2017 | Price change | $92,000-3.2%$51/sqft |
Source: Owner Report a problem | ||
| 2/15/2017 | Price change | $95,000+5.6%$52/sqft |
Source: Owner Report a problem | ||
| 2/6/2017 | Listed for sale | $90,000+130.8%$50/sqft |
Source: Owner Report a problem | ||
| 6/11/2014 | Listing removed | $39,000$21/sqft |
Source: REALHome Services and Solutions Report a problem | ||
| 6/3/2014 | Listed for sale | $39,000-6.9%$21/sqft |
Source: REALHome Services and Solutions Report a problem | ||
| 4/26/2014 | Listing removed | $41,900$23/sqft |
Source: REALHome Services and Solutions Report a problem | ||
| 4/4/2014 | Price change | $41,900-6.9%$23/sqft |
Source: REALHome Services and Solutions Report a problem | ||
| 3/25/2014 | Pending sale | $45,000$25/sqft |
Source: REALHome Services and Solutions Report a problem | ||
| 2/25/2014 | Listed for sale | $45,000-77.5%$25/sqft |
Source: REALHome Services and Solutions Report a problem | ||
| 3/23/2005 | Sold | $200,000$110/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,294 +8.5% | $108,500 +8.5% |
| 2024 | $5,801 +2.6% | $100,000 |
| 2023 | $5,656 +1.9% | $100,000 |
| 2022 | $5,553 +0.3% | $100,000 |
| 2021 | $5,535 +1.6% | $100,000 |
| 2020 | $5,446 -3.7% | $100,000 |
| 2019 | $5,656 +5.2% | $100,000 -7.8% |
| 2018 | $5,376 -32.7% | $108,500 |
| 2017 | $7,991 +0.3% | $108,500 -21.9% |
| 2016 | $7,963 +0.5% | $138,900 |
| 2015 | $7,926 +0.6% | $138,900 |
| 2014 | $7,877 +0.6% | $138,900 |
| 2012 | $7,828 +2.9% | $138,900 |
| 2011 | $7,609 +16.8% | $138,900 |
| 2010 | $6,514 +7% | $138,900 |
| 2009 | $6,088 +4.6% | $138,900 |
| 2008 | $5,820 +2.2% | $138,900 |
| 2007 | $5,695 | $138,900 |
| 2006 | -- | $138,900 +80.2% |
| 2005 | -- | $77,100 |
Find assessor info on the county website
Neighborhood: Pennington-Prospect
Nearby homes
- $309,7003 bd1 ba1.4k sqft327 Parkway Ave, Trenton, NJ 08618Off Market
- $163,800-- bd-- ba1.3k sqft331 Parkway Ave, Trenton, NJ 08618Off Market
- $220,2003 bd1 ba1.1k sqft10 Moreland Ave, Trenton, NJ 08618Off Market
- $220,0003 bd1 ba1.2k sqft14 Moreland Ave, Trenton, NJ 08618Sold
- $154,400-- bd-- ba1.3k sqft333 Parkway Ave, Trenton, NJ 08618Off Market
- $1,4002 bd1 ba700 sqft1001 Pennington Rd #1-2B, Trenton, NJ 08618For Rent
- $--1 bd1 ba500 sqft1001 Pennington Rd #1-2K, Trenton, NJ 08618Off Market
- $8501 bd1 ba500 sqft1001 Pennington Rd #1-2N, Trenton, NJ 08618For Rent
Nearby schools
GreatSchools rating
- 1/10Stokes Elementary SchoolGrades: K-3Distance: 0.3 mi
- 2/10Holland Middle SchoolGrades: 7-8Distance: 1 mi
- 1/10Trenton Central High School-9th Grade AcademyGrades: 9Distance: 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.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
- New Jersey
- Mercer County
- Trenton
- 08618
- Pennington-Prospect
- 321 Parkway Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Trenton Topics
