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$285,000
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Property Description
Great tenant on 1st floor who would love to stay.. The end-of-row townhouse features a solid brick construction and offers 1,734 finished square feet of versatile living space. With an unfinished basement, there is potential for additional rental income through conversion or storage solutions. The property is situated on a compact 0.03-acre lot, making maintenance manageable while maximizing rental yield. On-street parking enhances accessibility for tenants. The recent upstairs unit renovations ensure modern appeal, reducing immediate capital expenditures for investors. Given the rising demand for rental properties in the area, this asset is poised for strong cash flow and appreciation potential. Investors can capitalize on the current market trends while benefiting from the historical charm and structural integrity of this property. Don't miss the chance to add this valuable asset to your portfolio. Live in one and rent other or rent out both
Full Property Details
Full Property Details for 115 Pearl St
General
- Price: $285,000
- Taxes: $5,377 (2025)
- Status: Active
- Type: Townhouse
- Source: BrightMLSTriStates
- MLS ID: NJME2070992
- Updated: 12/26/2025
- Added to Site: 20 day(s) ago
Parking
- Parking Type: On Street
Location
- Area: Trenton City (21111)
- Municipality: TRENTON CITY
- County: MERCER
- Driving Directions: GPS
School Information
- School District: Trenton Public Schools
Heating & Cooling
- Cooling Type: None
- 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 Style: Other
- Structure Type: End of Row/Townhouse
- Construction: Brick
- Basement: Yes
- Basement Desc.: Unfinished
- Foundation: Brick/Mortar
- Square Feet: 1,734
- Sq. Ft. Source: Estimated
- Living Area: 1,734 Sq. Ft.
- Finished Above Grnd: 1,734 Sq. Ft.
- Year Built: 1887
- Year Built Source: Estimated
Unit Information
- Other Units: Unit 1, Unit 1
- 1 Bedroom Units: 1
- 2 Bedroom Units: 1
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,307
- Lot Size Source: Estimated
- Lot Dimensions: 17.00 x 88.00
- Zoning: HIST
Financial Considerations
- Price Per Sq. Ft.: $164.36
- Assessment Year: 2025
- County Tax Freq: Annually
- Tax w/Assessment: $91,300
- Tax Amount: $5,377
- Tax Year: 2025
- Tax Total Finished Sq. Ft.: 1734
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenants personal property
- Lot Number: 25
Listed by The Riggins Group LLC, Tawana R. Riggins
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Schools
Schools serving 115 Pearl St
School District:Trenton City School District
| Name | Grades | Distance |
|---|---|---|
Robbins Elementary School 283 Tyler Street, Trenton, NJ 08609 | PK-3 | 0.2 mi |
Monument Elementary School 145 Pennington Avenue, Trenton, NJ 08618 | 4-6 | 1.2 mi |
Trenton Central High School-9th Grade Academy 500 Perry Street, Trenton, NJ 08609 | 9- | 0.7 mi |
Trenton Central High School 400 Chambers Street, Trenton, NJ 08611 | 10-12 | 0.6 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 115 Pearl St
Date
Details
Price
Change
Source
12/26/2025
Listed
$285,000
24.45%
MLS
7/14/2023
Sold
$229,000
—
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 115 Pearl St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,296
20%
$91,300
13%
2022
$4,416
42%
$80,900
—
2021
$3,104
—
$80,900
45%
2020
$3,094
6%
$55,900
—
2018
$2,914
5%
$55,900
—
2017
$2,770
4%
$55,900
21%
2016
$2,664
-12%
$46,300
-17%
2019
$3,044
15%
$55,900
21%
2015
$2,654
1%
$46,300
—
2013
$2,626
—
$46,300
—
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 115 Pearl St
115 Pearl Street, Trenton, NJ 08609 (MLS# NJME2070992) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 115 Pearl Street is currently listed for $285,000 and was received on December 26, 2025. Want to learn more about 115 Pearl Street? Do you have questions about finding other Townhouse real estate for sale in Trenton? You can browse all Trenton real estate or contact a Coldwell Banker agent to request more information.

