1116 W State Street, Trenton, NJ 08618 - Photo 1

1/1

$440,000

Sold
Closed
Triplex
2,278 Sq. Ft.

1/1

Property Description

Immediate investment opportunity for a highly-profitable, income producing, multi-family residential property in the historic capital city of Trenton. This three-apartment home is conveniently located close to an exit off of Route 29, shopping plazas, and the Delaware River. Tenants enjoy access to beautiful parks and tennis courts within a 5-minute walk, along with a common back yard. Each apartment conveniently has separate meters for utilities, and tenants have been responsible to pay their own heating, gas and electric utility bills. The ground-floor apartment has two bedrooms, each with an individual full bathroom, along with a Living room and dine-in kitchen. The second floor apartment offers two-bedrooms, each with an individual full bathroom, in addition to living room and dine-in kitchen. On the top floor is the third apartment, featuring one bedroom, one bathroom, and a dine-in kitchen area. The conservative rent potential for this multi-family property is $4,600 a month ($1,705for first-floor and $1,700 second-floor unit, and probable $1200 for the top-floor which is empty. Due to local housing needs and recent economic events, higher rents may be possible.

Full Property Details

Full Property Details for 1116 W State St

General

Sold For: $440,000
Taxes: $8,016 (2024)
Status: Closed
Type: Triplex
Source: BrightMLSTriStates
MLS ID: NJME2064034
Added to Site: 144 day(s) ago

Rental Information

Rent Control: Yes

Interior

Number of Rooms: 6
Interior Features: Built-Ins, Crown Moldings, Kitchen - Eat-In, Bathroom - Tub Shower, Combination Kitchen/Dining, Wood Floors
Appliances: ENERGY STAR Refrigerator, Oven - Self Cleaning
Flooring: Hardwood

Additional Information

Security/Safety: Motion Detectors, Exterior Cameras, Carbon Monoxide Detector(s)

Exterior

Porch/Patio/Deck: Porch(es)

Parking

Parking Type: On Street

Location

Area: Trenton City (21111)
Municipality: TRENTON CITY
County: Mercer
Development Name: Cadwalader Heights
Subdivision: Cadwalader Heights
Cross Streets: Parkside Ave
Driving Directions: Route 29 to Parkside to Left on West state to 1116

School Information

School District: Trenton Public Schools

Heating & Cooling

Cooling Type: Wall Unit
Cooling Fuel: Electric
Heating Type: Baseboard - Hot Water
Heating Fuel: Natural Gas
Water Heater: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Architectural Info: Colonial
Architectural Style: Colonial
Structure Type: Twin/Semi-Detached
Construction: Brick
Basement: Yes
Basement Desc.: Full
Foundation: Block
Walls/Ceilings: 9'+ Ceilings
Windows: Bay/Bow, Wood Frame
Stories/Levels: 3
Square Feet: 2,278
Sq. Ft. Source: Estimated
Living Area: 2,278 Sq. Ft.
Year Built: 1912
Year Built Source: Estimated
Property Condition: Excellent

Unit Information

1 Bedroom Units: 1
2 Bedroom Units: 2

Lot Features

Lot Size (Acres): 0.09
Lot Size (Sq. Ft.): 3,955
Lot Size Source: Estimated
Zoning: RES

Financial Considerations

Price Per Sq. Ft.: $208.52
Tax w/Assessment: $113,000
Tax Amount: $8,016
Tax Year: 2024
Terms: Standard Sale

Disclosures and Reports

Ownership: Fee Simple
Exclusions: Tenants belongings
Inclusions: All Appliances in all 3 units. Security system cameras motion lighting
Lot Number: 7

Listed by Keller Williams Premier, JAMES DOMINIC MANTUANO Sr.
Sold by Harkes Realty and Associates, Lisa Wilson

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Listing agent

— 1116 W State St —

JAMES DOMINIC MANTUANO Sr.

Keller Williams Premier

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Schools

Schools serving 1116 W State St

School District:Trenton City School District

Name	Grades	Distance
Joyce Kilmer Middle School 1300 Stuyvesant Avenue, Trenton, NJ 08618	4-6	0.6 mi
Trenton Central High School 400 Chambers Street, Trenton, NJ 08611	10-12	2.9 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 1116 W State St

Date

Details

Price

Change

Source

10/31/2025

Sold

$440,000

-7.37%

MLS

8/26/2025

Listed

$475,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1116 W State Street, Trenton, NJ 08618 (MLS# NJME2064034) is a Triplex property that was sold at $440,000 on October 31, 2025. Want to learn more about 1116 W State Street? Do you have questions about finding other Triplex real estate for sale in Trenton? You can browse all Trenton real estate or contact a Coldwell Banker agent to request more information.

1116 W State St Trenton, NJ 08618