152 PROSPECT ST Trenton, NJ 08618
1,999 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Subdivision Prospect Heights
MLS Listing ID NJME2063320
Year Built 1950
Available Date 2025-08-12
Annual Tax Amount $13,069
Tax Year 2024
Lot Size 1,999 Sqft
Acres 0.05
Lot Dimensions 20.00 x 100.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Welcome to **152 Prospect Street**, a solid brick three-story mixed-use building built in 1950, located in the heart of Trenton, NJ. This versatile property offers **six total units** including:
* **One storefront** formerly operated as a restaurant/takeout
* **One office unit**
* **Four residential apartments**:
* (2) One-bedroom units
* (1) Two-bedroom unit
* (1) Three-bedroom unit
Currently, **two of the six units are occupied**, providing immediate income while leaving plenty of upside potential for the savvy investor:
* The **one-bedroom apartment** is rented at **\$850/month** on a **month-to-month lease**
* The **three-bedroom apartment** is leased for **\$1,250/month** on a **two-year lease**
This property is perfect for an owner-user or investor looking to **add value and increase cash flow**. With multiple vacant units ready to be leased, you have the opportunity to set market rents and customize your tenant mix.
Don't miss this rare chance to own a **multi-use income-producing property** in a prime location!
Location
State NJ
County Mercer
Area Trenton City (21111)
Zoning MIX USE
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Attic Fan, Window Unit(s)
Flooring Ceramic Tile, Hardwood, Laminated, Vinyl
Heat Source Natural Gas
Exterior
Utilities Available Cable TV Available, Sewer Available, Water Available, Phone Available, Natural Gas Available, Electric Available
Water Access N
Roof Type Built-Up
Accessibility None
Garage N
Building
Lot Description Corner
Foundation Block
Sewer Private Sewer
Water Public
New Construction N
Schools
Elementary Schools Gregory E.S.
Middle Schools Holland
High Schools Trenton Central H.S.
School District Trenton Public Schools
Others
Tax ID 11-04601-00032
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES
- 6
Fallsington Elementary School
Public | KG - 5
- 6
Foundation Academy Charter School
Public | 3 - 12
- 6
Eldridge Park School
Public | KG - 3
- 6
Slackwood Elementary School
Public | KG - 3
- 5
The Village Charter School
Public | KG - 8
- 5
Antheil Elementary School
Public | PK - 5
- 5
Parker Elementary School
Public | KG - 5
- 5
Paul Robeson Charter School for the Humanities
Public | 4 - 8
- 5
Lawrence Intermediate School
Public | 4 - 6
- 4
Parkway Elementary School
Public | PK - 5
- 4
International Charter School of Trenton
Public | KG - 4
- 4
Columbus Elementary School
Public | 1 - 5
- 4
Washington Elementary School
Public | KG - 3
- 4
Franklin Elementary School
Public | KG - 5
- 3
Grandview Elementary School
Public | PK - 2
- 3
Morrisville Intermediate School
Public | 3 - 5
- 3
Mott Elementary School
Public | KG - 5
- 2
Wilson Elementary School
Public | KG - 5
- 2
Paul S. Robeson Elementary School
Public | KG - 5
- 1
Jefferson Elementary School
Public | KG - 5
- 5
Morrisville Middle / Senior School
Public | 6 - 12
- 4
Gilmore J. Fisher Middle School
Public | 6 - 8
- 4
Hedgepeth William Middle School
Public | 6 - 8
- 3
Lawrence Middle School
Public | 7 - 8
- 2
Joyce Kilmer Middle School
Public | 6 - 8
- 1
Luis Munoz-Rivera Middle School
Public | 6 - 8
- 1
Dunn Middle School
Public | 6 - 8
- 7
Lawrence High School
Public | 9 - 12
- 4
Ewing High School
Public | 9 - 12
- 1
Trenton Central High School - West Campus
Public | 9 - 12
- 1
Daylight/Twilight High School
Public | 9 - 12
- 1
Trenton Central High School - Main Campus
Public | 9 - 12
- 0
Notre Dame High School
Private | 9 - 12
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