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$1,600,000 Just Listed
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Property Description
An opportunity to invest for all seasons, this mixed use property has anchored commercial tenants (long term, with escalators) and 10 large apartments.
Full Property Details
Full Property Details for 1163 E State St
General
- Price: $1,600,000
- Taxes: $30,663 (2025)
- Status: Active
- Type: Business
- Source: Garden_State
- MLS ID: 4023842
- Updated: 4/28/2026
- Added to Site: 5 day(s) ago
Business
- Includes: Building & Land
Interior
- Flooring: Carpeting, Laminate, See Remarks
Rooms
Bathrooms
- Total Bathrooms: 10
- Restrooms: 13
Additional Information
- Equipment: Appliances, Fire Alarm, Smoke Detector
Exterior
- Color: Brick
Parking
- Garage Spaces: 22
- Total Spaces: 11
- Parking: Blacktop, Driveway-Exclusive, Gravel, Parking Lot-Exclusive
Location
- County: Mercer
- Subdivision: corner of So Olden
- Driving Directions: Corner of East State St and South Olden (parking in rear)
- Location Details: Business District, Corner, Freestanding
Heating & Cooling
- Cooling Type: No Cool
- Heating Type: Electric Baseboard, See Remarks
- Heating Fuel: Electric
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Gas In Street, See Remarks, Internet Available
Structural Information
- Construction: Brick/Block
- Exterior Const.: Brick/Block
- Basement: Yes
- Basement Desc.: Finished-Partially, Full
- Roof: Flat
- Ceiling Height: 8
- Stories in Building: 3
- Square Feet: 11,000
- Year Built: 1930
- Remodeled/Updated: 2025
Unit Information
- 1 Bedroom Units: 2
- 2 Bedroom Units: 4
- 3 Bedroom Units: 3
- Units w/Full Bath: 10
Lot Features
- Lot Size (Acres): 0.14
- Lot Size: 50X125
- Permitted Use: see remarks
- Zoning: mixed
- Lot Description: Corner, Irregular Lot, Level Lot
Financial Considerations
- Price Per Sq. Ft.: $221
- Expenses: Accounting/Legal, Electricity, Insurance, Maintenance - Interior, Taxes, Water/Sewer
- Operating Expenses: $135,000
- Assessment Amount: $520,600
- Land Assmt: $119,000
- Tax Amount: $30,663
- Tax Year: 2025
- Owner Pays: No Utilities, Sewer, Snow Removal, Water
- Tenant Pays: Electric, Gas, Heat, Hot Water, Water
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Income & Expenses, Leases, Pro Forma, Survey Available
- Disclosures: Yes
- APN: 2011-26701-0000-00001-0000-
- Block: 26701
- Lot Number: 1
Listed by Yale Kent, Llc.
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Schools
Schools serving 1163 E State St
School District:Trenton City School District
| Name | Grades | Distance |
|---|---|---|
P. J. Hill Elementary School 1010 East State Street, Trenton, NJ 08609 | PK-3 | 0.2 mi |
Grant Elementary School, Trenton, NJ 159 North Clinton Avenue, Trenton, NJ 08609 | 4-6 | 0.8 mi |
Trenton Central High School-9th Grade Academy 500 Perry Street, Trenton, NJ 08609 | 9- | 1 mi |
Trenton Central High School 400 Chambers Street, Trenton, NJ 08611 | 10-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1163 E State St
Date
Details
Price
Change
Source
4/28/2026
Listed
$1,600,000
105.13%
MLS
6/17/2021
Sold
$780,000
—
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 1163 E State St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$30,200
6%
$520,600
—
2022
$28,414
-2%
$520,600
—
2021
$28,909
—
$520,600
—
2020
$28,815
-2%
$520,600
-8%
2018
$29,443
5%
$564,800
—
2017
$27,986
22%
$564,800
41%
2016
$23,012
—
$400,000
—
2015
$22,932
-19%
$400,000
-23%
2019
$28,352
25%
$520,600
30%
2013
$22,684
—
$400,000
—
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 1163 E State St
1163 E State St, Trenton, NJ 08609 (MLS# 4023842) is a Business property. 1163 E State St is currently listed for $1,600,000 and was received on April 28, 2026. Want to learn more about 1163 E State St? Do you have questions about finding other Business real estate for sale in Trenton? You can browse all Trenton real estate or contact a Coldwell Banker agent to request more information.

