Investor Special – Duplex Opportunity in Trenton! Attention investors, contractors, and rehabbers! Welcome to 346 Walnut Ave, Trenton, NJ — a duplex with tremendous upside and the potential to be a strong income-producing asset once renovated. This property requires a full rehabilitation and is being offered as-is, making it an ideal project for experienced investors looking to add value through renovation. With two separate units and a layout that lends itself to strong rental demand, this is an opportunity to create significant equity and long-term cash flow. Conveniently located near major roadways, public transportation, shopping, and local amenities, the property offers excellent accessibility for future tenants or owner-occupants. Bring your vision, contractor, and creativity—this is your chance to transform a distressed property into a profitable investment. Whether you’re looking for your next fix-and-flip, BRRRR project, or long-term rental addition, 346 Walnut Ave deserves a closer look. Property is being sold strictly as-is. Buyer responsible for all inspections, certifications, and municipal requirements.
For sale
Price cut: $10K (8/19)
$149,000
346 Walnut Ave, Trenton, NJ 08609
3beds
--baths
1,176sqft
Duplex
Built in 1920
-- sqft lot
$-- Zestimate®
$127/sqft
$-- HOA
What's special
Two separate units
- 72 days
- 611
- 11
Zillow last checked:
Listing updated:
Listed by:
Rick Land 609-992-8248,
KW Empower,
Listing Team: Ccl Team
Source: Bright MLS,MLS#: NJME2079264
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
Basement
- Area: 0
Heating
- None
Cooling
- None
Features
- Has fireplace: No
Interior area
- Total structure area: 1,176
- Total interior livable area: 1,176 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 3,123 Square Feet
- Dimensions: 25.00 x 125.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 112650400018
- Zoning: MULTI
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex
Materials
- Brick
- Foundation: Stone
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Trenton
- Municipality: TRENTON CITY
Financial & listing details
- Price per square foot: $127/sqft
- Tax assessed value: $35,300
- Annual tax amount: $2,079
- Date on market: 6/18/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$2,168/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2026 | Price change | $149,000-6.3%$127/sqft |
Source: | ||
| 7/15/2026 | Price change | $159,000-5.9%$135/sqft |
Source: | ||
| 7/9/2026 | Price change | $169,000-15.1%$144/sqft |
Source: | ||
| 6/18/2026 | Listed for sale | $199,000+2.1%$169/sqft |
Source: | ||
| 5/9/2026 | Listing removed | $195,000$166/sqft |
Source: | ||
| 5/3/2026 | Price change | $195,000-8.9%$166/sqft |
Source: | ||
| 3/4/2026 | Listed for sale | $214,000+125.3%$182/sqft |
Source: | ||
| 2/17/2026 | Sold | $95,000-13.6%$81/sqft |
Source: | ||
| 12/8/2025 | Pending sale | $110,000$94/sqft |
Source: | ||
| 12/1/2025 | Contingent | $110,000$94/sqft |
Source: | ||
| 11/16/2025 | Price change | $110,000-8.3%$94/sqft |
Source: | ||
| 10/8/2025 | Listed for sale | $119,900+91.8%$102/sqft |
Source: | ||
| 7/7/2022 | Sold | $62,500+115.5%$53/sqft |
Source: Public Record Report a problem | ||
| 6/27/2005 | Sold | $29,000$25/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,048 | $35,300 |
| 2024 | $2,048 +6.3% | $35,300 |
| 2023 | $1,927 | $35,300 |
| 2022 | -- | $35,300 |
| 2021 | $1,922 | $35,300 |
| 2020 | $1,922 +4.5% | $35,300 |
| 2019 | $1,840 +5.2% | $35,300 |
| 2018 | $1,749 -32.3% | $35,300 |
| 2017 | $2,583 +0.3% | $35,300 -21.4% |
| 2016 | $2,574 +0.5% | $44,900 |
| 2015 | $2,562 +0.6% | $44,900 |
| 2014 | $2,546 +2.5% | $44,900 |
| 2013 | $2,485 -1.8% | $44,900 |
| 2012 | $2,531 +2.9% | $44,900 |
| 2011 | $2,460 +16.8% | $44,900 |
| 2010 | $2,106 +42.1% | $44,900 |
| 2009 | $1,481 +4.6% | $44,900 +32.8% |
| 2008 | $1,416 +2.2% | $33,800 |
| 2007 | $1,386 | $33,800 |
| 2006 | -- | $33,800 |
| 2005 | -- | $33,800 |
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.Climate risks
Neighborhood: Wilbur I
Nearby schools
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.








