Investment Opportunity – Multi-Unit Potential with Classic Charm Don’t miss this incredible investment opportunity with strong cash flow potential! This property features a striking 3-story brownstone-style façade with soaring ceilings in the entryway and throughout the main level, offering timeless charm and character. The first unit is spacious and inviting, featuring a cozy living room with a fireplace, a dedicated dining area, kitchen, and 4–5 generously sized bedrooms on the second floor—ideal for tenants or owner-occupants. The second unit, located at the rear of the property, presents a blank canvas for renovation. It will require extensive work, including framing, but offers excellent upside for the right investor or builder. Sold strictly AS-IS. Buyer is responsible for all inspections, certifications, and any due diligence. Bonus Potential: With the right building plans and approvals, there is a possibility to convert this property into a 3-unit dwelling. Interested buyers are strongly encouraged to contact the local zoning office to explore this exciting development opportunity.
Sold for $120,000
$120,000
495 Martin Luther King Jr Blvd, Trenton, NJ 08618
6beds
2baths
2,924sqft
Duplex
Built in 1915
-- sqft lot
$266,200 Zestimate®
$41/sqft
$1,984 Estimated rent
Home value
$266,200
$202,000 - $338,000
$1,984/mo
Zestimate® history
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$711/mo
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List your homeWhat's special
Soaring ceilingsDedicated dining areaGenerously sized bedrooms
Zillow last checked:
Listing updated:
Listed by:
Jerome Beckworth 609-933-5024,
NJ Capital Realty LLC,
Co-Listing Agent: James Graham 856-639-6885,
NJ Capital Realty LLC
Bought with:
James Graham, 1972794
NJ Capital Realty LLC
Source: Bright MLS,MLS#: NJME2064556
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
Heating
- None, Natural Gas
Cooling
- None
Features
- Additional Stairway, Attic, 9'+ Ceilings, Dry Wall, Plaster Walls
- Flooring: Ceramic Tile, Hardwood, Vinyl, Wood
- Basement: Partial
- Number of fireplaces: 1
Interior area
- Total structure area: 2,924
- Total interior livable area: 2,924 sqft
Property
Parking
- Parking features: Off Street
Accessibility
- Accessibility features: 2+ Access Exits
Features
- Pool features: None
Lot
- Size: 3,000 Square Feet
- Dimensions: 30 x 100
Details
- Additional structures: Above Grade
- Parcel number: NJME2064556
- Zoning: RES
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Duplex
Materials
- Brick, Vinyl Siding
- Foundation: Stone
- Roof: Flat,Shingle
Condition
- New construction: No
- Year built: 1915
Utilities & green energy
- Electric: 60 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cable, Other Internet Service, Satellite Internet Service
Community & HOA
Community
- Subdivision: Battle Monument
Location
- Region: Trenton
- Municipality: TRENTON CITY
Financial & listing details
- Price per square foot: $41/sqft
- Tax assessed value: $94,000
- Annual tax amount: $5,296
- Date on market: 8/25/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Other,FHA 203(k)
- Ownership: Fee Simple
- Total actual rent: 0
Price history
| Date | Event | Price |
|---|---|---|
| 11/24/2025 | Sold | $120,000-14.3%$41/sqft |
Source:  Bright MLS #NJME2064556 Report a problem | ||
| 11/7/2025 | Contingent | $140,000$48/sqft |
Source: Bright MLS #NJME2064556 Report a problem | ||
| 10/24/2025 | Price change | $140,000-12.5%$48/sqft |
Source: Bright MLS #NJME2064556 Report a problem | ||
| 8/25/2025 | Listed for sale | $159,999$55/sqft |
Source: Bright MLS #NJME2064556 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,296 | $91,300 |
| 2024 | $5,296 +4.5% | $91,300 |
| 2023 | $5,070 | $91,300 |
| 2022 | $5,070 +0.3% | $91,300 |
| 2021 | $5,053 +1.6% | $91,300 |
| 2020 | $4,972 +4.5% | $91,300 |
| 2019 | $4,759 +5.2% | $91,300 |
| 2018 | $4,524 +41.2% | $91,300 |
| 2017 | $3,204 +0.3% | $91,300 +63.9% |
| 2016 | $3,193 +0.5% | $55,700 |
| 2015 | $3,178 +0.6% | $55,700 |
| 2014 | $3,159 +0.6% | $55,700 |
| 2012 | $3,139 +2.9% | $55,700 |
| 2011 | $3,051 +16.8% | $55,700 |
| 2010 | $2,612 +7% | $55,700 |
| 2009 | $2,441 +4.6% | $55,700 |
| 2008 | $2,334 +2.2% | $55,700 |
| 2007 | $2,284 | $55,700 |
| 2006 | -- | $55,700 |
| 2005 | -- | $55,700 |
Find assessor info on the county website
Neighborhood: Battle Monument
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Nearby schools
GreatSchools rating
- 1/10Monument Elementary SchoolGrades: 4-6Distance: 0.2 mi
- 1/10Trenton Central High School-9th Grade AcademyGrades: 9Distance: 0.4 mi
- 1/10Gregory Elementary SchoolGrades: K-3Distance: 0.7 mi
Schools provided by the listing agent
- High: Trenton Central H.s.
- 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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- New Jersey
- Mercer County
- Trenton
- 08618
- Battle Monument
- 495 Martin Luther King Jr Blvd
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