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$250,000
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Property Description
This one-story 1,857$ SF retail/restaurant property generates $37,200 in annual rental income with a cap rate of 8.5%-a rare find in today's market. The building is leased to a popular Jamaican restaurant paying $3,100/month, with a renewed lease and interest in staying, ensuring stability and cash flow from day one. Built in 1950 and well maintained, the property features a brick exterior, flat roof, 200-amp electric, and gas-fired heating with central cooling. Expenses are conservatively estimated, utilities are tenant-paid, and the pro forma reflects realistic, achievable returns City code may allow a second-floor addition, offering potential for future expansion. Whether you're an investor seeking reliable income or an owner-user looking for a prime location, this property delivers strong fundamentals and long-term upside
Full Property Details
Full Property Details for 27-29 S Warren St
General
- Price: $250,000
- Taxes: $11,550 (2025)
- Status: Active
- Type: Commercial Service
- Source: BrightMLSTriStates
- MLS ID: NJME2071274
- Updated: 1/6/2026
- Added to Site: 12 day(s) ago
Business
- Business Type: Restaurant/Bar
Interior
- Flooring: Vinyl
Parking
- Parking Type: On Street
Location
- Area: Trenton City (21111)
- Municipality: TRENTON CITY
- County: MERCER
- Development Name: Traditions At Hamilt
- Subdivision: Traditions At Hamilt
- Cross Streets: West Front
- Driving Directions: Use GPS
- Location Details: Downtown
School Information
- School District: Trenton Public Schools
Heating & Cooling
- Cooling Type: Other
- Cooling Fuel: Other
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available
Structural Information
- Construction: Brick, Block
- Roof: Flat, Rubber
- Year Built: 1950
- Year Built Source: Estimated
- Property Condition: Good
Unit Information
- # Tenants: Single
Lot Features
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 2,927
- Lot Size Source: Estimated
- Zoning: HIST
Financial Considerations
- Price Per Sq. Ft.: $134.63
- Tax w/Assessment: $196,100
- Tax Amount: $11,550
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
Listed by EXP Realty, LLC, Joseph Lilleywhite
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Schools
Schools serving 27-29 S Warren St
School District:Trenton City School District
| Name | Grades | Distance |
|---|---|---|
Cadwalader Elementary School 501 Edgewood Avenue, Trenton, NJ 08618 | PK-3 | 1 mi |
Joyce Kilmer Middle School 1300 Stuyvesant Avenue, Trenton, NJ 08618 | 4-6 | 2.1 mi |
Trenton Central High School-9th Grade Academy 500 Perry Street, Trenton, NJ 08609 | 9- | 0.6 mi |
Holland Middle School 1001 West State Street, Trenton, NJ 08618 | 7-8 | 1.6 mi |
Trenton Central High School 400 Chambers Street, Trenton, NJ 08611 | 10-12 | 1.2 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 27-29 S Warren St
Date
Details
Price
Change
Source
1/06/2026
Listed
$250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 27-29 S Warren St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,376
4%
$196,100
—
2023
$10,917
2%
$196,100
—
2022
$10,703
-2%
$196,100
—
2021
$10,889
—
$196,100
—
2020
$10,854
6%
$196,100
—
2018
$10,223
5%
$196,100
—
2017
$9,717
-9%
$196,100
—
2019
$10,680
67%
$196,100
77%
2016
$6,386
—
$111,000
—
2015
$6,364
1%
$111,000
—
2013
$6,295
—
$111,000
—
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 27-29 S Warren St
27-29 S Warren Street, Trenton, NJ 08608 (MLS# NJME2071274) is a Commercial Service property. 27-29 S Warren Street is currently listed for $250,000 and was received on January 06, 2026. Want to learn more about 27-29 S Warren Street? Do you have questions about finding other Commercial Service real estate for sale in Trenton? You can browse all Trenton real estate or contact a Coldwell Banker agent to request more information.

