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For sale
  • Price cut: $10K (6/15)
    $890,000

    724 Division St, Trenton, NJ 08611

    7beds
    6baths
    4,905sqft
    : 
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    Multi Family
    Built in 1897
    -- sqft lot
    $856,300 Zestimate®
    $181/sqft
    $-- HOA

    What's special

    Parking lot currently rented
    **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)
    254 days
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    255
    |
    17
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    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#: NJME2069098MLS Logo

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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

        DateEventPrice
        6/15/2026Price change$890,000-1.1%$181/sqft
        Source: Bright MLS #NJME2069098 Report a problem
        11/6/2025Price change$899,999-5.3%$183/sqft
        Source: Bright MLS #NJME2069098 Report a problem
        10/29/2025Listed for sale$950,000$194/sqft
        Source: Bright MLS #NJME2069098 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        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

        Getting around

        88 / 100
        Very Walkable
        46 / 100
        Some Transit
        54 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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.

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