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$240,000
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Property Description
****A rare renovation opportunity for suited for savvy investors ****. Semi detached, two family rehab, with separate meters and a full basement. New roof. Interior framing completed. City approved architectural plans!!!! This property has potential! Off-street parking in rear. Located in a highly rentable area of Trenton, a few steps from Trenton Police Dept. and Hamilton township border. Strictly As-Is. Seller will make no repairs. Buyer responsible for all city inspections, certs and/or permits. Near schools, public transportation, highways and shopping. Sale includes two air handlers for central air system. Priced to sell.
Full Property Details
Full Property Details for 1261 E State St #2
General
- Price: $240,000
- Taxes: $3,192 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4056734
- Updated: 10/11/2026
- Added to Site: 9 day(s) ago
Location
- County: Mercer
- Driving Directions: Route 1 South to N Olden Ave to East State St
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: See Remarks
- Heating Fuel: Natural Gas, See Remarks
Utilities
- Sewer: Public Sewer, See Remarks
- Water: Public Water
- Utility Description: All Underground, See Remarks
Structural Information
- Architectural Style: Fixer Upper, See Remarks
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Full
- Roof: Asphalt Shingles
- Year Built: 1886
- Remodeled/Updated: 2023
Unit Information
Unit 1
- Unit Description: See Remarks
Unit 2
- Unit Description: See Remarks
Lot Features
- Lot Size (Acres): 0.05
- Lot Dimensions: 19 x 120
- Driveway/Sidewalk: Off-Street Parking
Financial Considerations
- Assessment Amount: $48,700
- Land Assmt: $5,500
- Tax Amount: $3,192
- Tax Year: 2025
Disclosures and Reports
- Block: 26901
- Lot Number: 4
Listed by Real
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Schools
Schools serving 1261 E State St #2
School District:Trenton City School District
| Name | Grades | Distance |
|---|---|---|
Woodrow Wilson Elementary School, Trenton, NJ 175 Girard Avenue, Trenton, NJ 08638 | PK-3 | 0.6 mi |
Grant Elementary School, Trenton, NJ 159 North Clinton Avenue, Trenton, NJ 08609 | 4-6 | 0.9 mi |
Trenton Central High School-9th Grade Academy 500 Perry Street, Trenton, NJ 08609 | 9- | 1.1 mi |
Trenton Central High School 400 Chambers Street, Trenton, NJ 08611 | 10-12 | 0.7 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 1261 E State St #2
Date
Details
Price
Change
Source
10/03/2026
Listed
$240,000
195.38%
MLS
6/01/2023
Sold
$81,250
—
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 1261 E State St #2
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,192
100%
$54,200
—
2022
100%
$54,200
—
2021
100%
$54,200
—
2020
-100%
$54,200
—
2019
$2,952
4%
$54,200
—
2018
$2,825
5%
$54,200
—
2017
$2,686
-12%
$54,200
2%
2016
$3,061
—
$53,200
—
2015
$3,050
1%
$53,200
—
2013
$3,017
—
$53,200
—
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 1261 E State St #2
1261 E State St #2, Trenton, NJ 08609 (MLS# 4056734) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 1261 E State St #2 is currently listed for $240,000 and was received on October 03, 2026. Want to learn more about 1261 E State St #2? Do you have questions about finding other Multi-Family real estate for sale in Trenton? You can browse all Trenton real estate or contact a Coldwell Banker agent to request more information.

