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$499,900
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Property Description
**Investment Opportunity - Mixed-Use 6-Unit Brick Building in Trenton** Welcome to **152 Prospect Street**, a solid brick three-story mixed-use building built in 1950, located in the heart of Trenton, NJ. This versatile property offers **six total units** including: * **One storefront** formerly operated as a restaurant/takeout * **One office unit** * **Four residential apartments**: * (2) One-bedroom units * (1) Two-bedroom unit * (1) Three-bedroom unit Currently, **two of the six units are occupied**, providing immediate income while leaving plenty of upside potential for the savvy investor: * The **one-bedroom apartment** is rented at **\$850/month** on a **month-to-month lease** * The **three-bedroom apartment** is leased for **\$1,250/month** on a **two-year lease** This property is perfect for an owner-user or investor looking to **add value and increase cash flow**. With multiple vacant units ready to be leased, you have the opportunity to set market rents and customize your tenant mix. Don't miss this rare chance to own a **multi-use income-producing property** in a prime location!
Full Property Details
Full Property Details for 152 Prospect St
General
- Price: $499,900
- Taxes: $13,069 (2024)
- Status: Active
- Type: Single Family
- Source: BrightMLSTriStates
- MLS ID: NJME2064638
- Updated: 12/17/2025
- Added to Site: 143 day(s) ago
Rental Information
- Rent Control: Yes
Interior
- Number of Rooms: 20
- Flooring: Ceramic Tile, Hardwood, Laminated, Vinyl
Rooms
Other Rooms
- Laundry: None
Parking
- Parking Type: On Street
Location
- Area: Trenton City (21111)
- Municipality: TRENTON CITY
- County: MERCER
- Development Name: Prospect Heights
- Subdivision: Prospect Heights
- Cross Streets: Rutherford Avenue
- Driving Directions: West State Street to Prospect Street or Olden Avenue to Prospect
- Location Details: Urban
School Information
- School District: Trenton Public Schools
- Elementary School: B.C Gregory
- Middle School: Arthur Holland M.S.
- High School: Central
Heating & Cooling
- Cooling Type: Attic Fan, Window Unit(s)
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Structural Information
- Architectural Style: Traditional
- Structure Type: Detached
- Construction: Brick, Vinyl Siding
- Basement: Yes
- Basement Desc.: Partial
- Foundation: Block
- Roof: Built-Up
- Walls/Ceilings: Dry Wall, Plaster Walls
- Stories/Levels: 3
- Stories Description: Main
- Square Feet: 4,436
- Sq. Ft. Source: Estimated
- Living Area: 4,436 Sq. Ft.
- Finished Above Grnd: 4,436 Sq. Ft.
- Year Built: 1950
- Year Built Source: Estimated
- Property Condition: Good
Unit Information
- Other Units: Unit 1, Unit 2, Unit 4, Unit 3
- 1 Bedroom Units: 2
- 2 Bedroom Units: 1
- 3 Bedroom Units: 1
Lot Features
- Lot Size Source: Estimated
- Lot Dimensions: 20 x 100
- Street/Road Desc.: Black Top
- Lot Features: Corner
- Zoning: MIX USE
- Lot Description: Corner
Financial Considerations
- Price Per Sq. Ft.: $112.69
- County Tax Freq: Annually
- Tax w/Assessment: $225,300
- Tax Amount: $13,069
- Tax Year: 2024
- Owner Pays: Insurance, Sewer, Taxes - Real Estate, Water
- Landlord Pays: Insurance, Sewer, Taxes - Real Estate, Water
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 32
Listed by EXP Realty, LLC, Carleton M Badger
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Schools
Schools serving 152 Prospect St
School District:Trenton City School District
| Name | Grades | Distance |
|---|---|---|
Gregory Elementary School 500 Rutherford Avenue, Trenton, NJ 08618 | PK-3 | 0.2 mi |
Luis Munoz Rivera Elementary School 400 North Montgomery Street, Trenton, NJ 08618 | PK-3 | 0.7 mi |
Trenton Central High School 400 Chambers Street, Trenton, NJ 08611 | 10-12 | 1.8 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 152 Prospect St
Date
Details
Price
Change
Source
8/26/2025
Listed
$499,900
—
MLS
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 152 Prospect St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$15,970
67%
$225,300
29%
2022
$9,568
-2%
$175,300
—
2021
$9,734
—
$175,300
—
2020
$9,703
-2%
$175,300
-8%
2018
$9,936
5%
$190,600
—
2017
$9,444
31%
$190,600
52%
2016
$7,191
-25%
$125,000
-29%
2019
$9,547
33%
$175,300
40%
2015
$7,166
1%
$125,000
—
2013
$7,089
—
$125,000
—
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 152 Prospect St
152 Prospect Street, Trenton, NJ 08618 (MLS# NJME2064638) is a Single Family property with 0 bedrooms and 0 full bathrooms. 152 Prospect Street is currently listed for $499,900 and was received on August 26, 2025. Want to learn more about 152 Prospect Street? Do you have questions about finding other Single Family real estate for sale in Trenton? You can browse all Trenton real estate or contact a Coldwell Banker agent to request more information.

