**MAKE SURE YOU ARE ON TIME TO ALL SHOWINGS, PROPERTY MANAGER WILL LEAVE AFTER 10 MINUTES OF BEING LATE**Introducing 724 Division Street, a turnkey 6-unit commercial/multifamily property located in the heart of Trenton, NJ. This well-maintained investment opportunity offers a strong in-place rent roll, additional parking income, and minimal owner expenses — ideal for investors seeking reliable cash flow and long-term asset appreciation. Fantastic investment opportunity! Five units are 1 bed/1 bath, and the sixth unit is a 2 bed/1 bath. Parking lot currently rented for $750/month, bringing total gross monthly income to $8,796. Annual net income of $82,244 after expenses with a 9.1% cap rate! !!!!!!Estimated Section 8 rents could generate $10,050/month, producing an annual net income of $106,292 after expenses and an impressive 11.19% cap rate! Excellent cash flow and strong upside potential!!!!!!! (CALL Andrei Gayed or David Beaty for more information and to schedule a tour & to see the Pro Forma made for this property)
For sale
Price cut: $10K (6/15)
$890,000
724 Division St, Trenton, NJ 08611
7beds
6baths
4,905sqft
Multi Family
Built in 1897
-- sqft lot
$856,300 Zestimate®
$181/sqft
$-- HOA
What's special
Parking lot currently rented
- 254 days |
- 255 |
- 17 |
Zillow last checked:
Listing updated:
Listed by:
Andrei Gayed 609-321-5893,
Century 21 Alliance-Moorestown,
Listing Team: Dna Real Estate Team, Co-Listing Team: Dna Real Estate Team,Co-Listing Agent: David Elijah Beaty 760-696-2495,
Century 21 Alliance-Moorestown
Source: Bright MLS,MLS#: NJME2069098
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
Heating
- Radiator, Oil
Cooling
- None
Appliances
- Included: Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 4,905
- Total interior livable area: 4,905 sqft
Property
Parking
- Parking features: On Street, Parking Lot
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Details
- Additional structures: Above Grade
- Parcel number: 111930200025
- Zoning: RESIDENTIAL
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Other
Condition
- New construction: No
- Year built: 1897
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Trenton
- Municipality: TRENTON CITY
Financial & listing details
- Price per square foot: $181/sqft
- Tax assessed value: $191,500
- Annual tax amount: $11,108
- Date on market: 10/29/2025
- Listing agreement: Exclusive Agency
- Listing terms: Cash,Other,Private Financing Available
- Ownership: Fee Simple
Estimated market value
$856,300
$813,000 - $899,000
$2,353/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2026 | Price change | $890,000-1.1%$181/sqft |
Source: | ||
| 11/6/2025 | Price change | $899,999-5.3%$183/sqft |
Source: | ||
| 10/29/2025 | Listed for sale | $950,000$194/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Chambersburg
Nearby schools
GreatSchools rating
- 1/10Washington Elementary SchoolGrades: K-3Distance: 0.2 mi
- 2/10Grace A Dunn Middle SchoolGrades: 7-8Distance: 0.5 mi
- 1/10Trenton Central High SchoolGrades: 10-12Distance: 0.8 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.
- New Jersey
- Mercer County
- Trenton
- 08611
- Chambersburg
- 724 Division St





