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$499,999
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Property Description
**INVESTORS DREAM** Everything has been done for you to step in and have positive cash flow! Prime commercial location located across from Division Street, 3-unit income producing mixed use building is fully occupied. Commercial tenant is in year 3 of a 5-year lease ($2100 per month for 2025, with $100/mo yearly increases scheduled) and two residential apartments above store which consist of mirrored 2-story apartments renting at $1600/$1300 per month. **Rents are under market**, only adding to the potential for Investors!! Store has separate 200 amp electric service, each upstairs apt has separate 100 amp service. Building has majority of updated plumbing and electric meters with newer wiring from street into building. Basement has access with bilco door on front sidewalk and there is a rear fenced parking area also currently being leased. Two upstairs apartments include heat in the rent and they each have 2 bed, 1 bath, living room, kitchen and dining area. First floor store is approx 2400 sq ft with a 1/2 bath. Each apartment has approx 950 square feet. Bus stop in front of building.
Full Property Details
Full Property Details for 1037 S Broad
General
- Price: $499,999
- Taxes: $9,583 (2024)
- Status: Active
- Type: Apartment
- Source: BrightMLSTriStates
- MLS ID: NJME2067102
- Updated: 12/17/2025
- Added to Site: 97 day(s) ago
Business
- Business Type: Other/General Retail, Professional, Apartment Buildi
Rooms
Bathrooms
- Restrooms: 1
Additional Information
- Security/Safety: Fire Detection System, Carbon Monoxide Detector(s), Monitored, Smoke Detector
Parking
- Total Spaces: 2
- Parking Features: Fenced, Private
- Parking Type: On Street, Other
Location
- Area: Trenton City (21111)
- Municipality: TRENTON CITY
- County: MERCER
- Cross Streets: Division Streey
- Driving Directions: S Broad to Intersection with Division Street
School Information
- School District: Trenton Public Schools
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Radiator, Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Frame
- Roof: Shingle, Rubber
- Year Built: 1920
- Year Built Source: Estimated
- Property Condition: Very Good
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,810
- Lot Size Source: Assessor
- Lot Dimensions: 28.10 x 100.00
- Zoning: COMM
Financial Considerations
- Price Per Sq. Ft.: $177.94
- Assessment Year: 2024
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $165,200
- Tax Amount: $9,583
- Tax Year: 2024
- Owner Pays: Insurance, Taxes - Real Estate, Water
- Landlord Pays: Insurance, Taxes - Real Estate, Water
Disclosures and Reports
- Ownership: Fee Simple
- Investment: Yes
- Lot Number: 17
Listed by Keller Williams Premier, Anthony L Rosica and Keller Williams Premier, Natalie M Reagan
Get Pre-Approved Today
Schools
Schools serving 1037 S Broad
School District:Trenton City School District
| Name | Grades | Distance |
|---|---|---|
Columbus Elementary School, Trenton, NJ 1200 Brunswick Avenue, Trenton, NJ 08638 | PK-3 | 2.6 mi |
Grace A Dunn Middle School 401 Dayton Street, Trenton, NJ 08610 | 7-8 | 0.3 mi |
Trenton Central High School 400 Chambers Street, Trenton, NJ 08611 | 10-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1037 S Broad
Date
Details
Price
Change
Source
10/13/2025
Listed
$499,999
143.9%
MLS
12/29/2020
Sold
$205,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1037 S Broad
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,583
6%
$165,200
—
2022
$9,017
-2%
$165,200
—
2021
$9,174
—
$165,200
—
2020
$9,144
2%
$165,200
—
2019
$8,997
-20%
$165,200
-23%
2018
$11,218
5%
$215,200
—
2017
$10,663
38%
$215,200
61%
2016
$7,709
—
$134,000
—
2015
$7,682
1%
$134,000
—
2013
$7,599
—
$134,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1037 S Broad
1037 S Broad, Trenton, NJ 08611 (MLS# NJME2067102) is a Apartment property. 1037 S Broad is currently listed for $499,999 and was received on October 13, 2025. Want to learn more about 1037 S Broad? Do you have questions about finding other Apartment real estate for sale in Trenton? You can browse all Trenton real estate or contact a Coldwell Banker agent to request more information.

