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$430,000
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Property Description
Buyer's Special!!!!! An outfitted commercial space with two rented, 2 Bedroom Apartments @ $1250 each with long-time tenants for $450,000.00 Block and lot specified in the local zoning code for cannabis, and property to be delivered with local building approvals for Cannabis Class 5 Retail Dispensary. Located in the impact zone Turn-key operations
Full Property Details
Full Property Details for 318 E State St
General
- Price: $430,000
- Taxes: $6,967 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSTriStates
- MLS ID: NJME2070530
- Updated: 1/5/2026
- Added to Site: 90 day(s) ago
Business
- Business Type: Apartment Building, Restaurant/Bar
Additional Information
- Security/Safety: 24 hour security, Exterior Cameras, Desk in Lobby, Main Entrance Lock
Parking
- Parking Type: On Street
Location
- Area: Trenton City (21111)
- Municipality: TRENTON CITY
- County: MERCER
- Cross Streets: Stockton Street
- Driving Directions: Route 1 to Perry Street, Trenton, NJ. Perry to Stockton Street Stockton to East State. Directly Across from City Hall
- Location Details: Downtown
- Historic District: Yes
School Information
- School District: Trenton Public Schools
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Natural Gas
- Heating Type: 90% Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV, Electric Available, Natural Gas Available, Sewer Available, Water Available
Structural Information
- Construction: Frame
- Foundation: Block
- Stories/Levels: 2
- Year Built: 1950
- Year Built Source: Assessor
- Property Condition: Very Good
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,283
- Lot Size Source: Assessor
- Lot Dimensions: 23.00 x 99.20
- Zoning: TRENTON
Financial Considerations
- Price Per Sq. Ft.: $188.35
- Assessment Year: 2025
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $118,300
- Tax Amount: $6,967
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 7
Listed by EXP Realty, LLC, Vertulie Massenat
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Schools
Schools serving 318 E State St
School District:Trenton City School District
| Name | Grades | Distance |
|---|---|---|
Grant Elementary School, Trenton, NJ 159 North Clinton Avenue, Trenton, NJ 08609 | 4-6 | 0.3 mi |
Luis Munoz Rivera Elementary School 400 North Montgomery Street, Trenton, NJ 08618 | PK-3 | 0.4 mi |
Trenton Central High School 400 Chambers Street, Trenton, NJ 08611 | 10-12 | 0.9 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 318 E State St
Date
Details
Price
Change
Source
12/03/2025
Listed
$430,000
—
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 318 E State St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,863
6%
$118,300
—
2022
$6,457
-2%
$118,300
—
2021
$6,569
—
$118,300
—
2020
$6,548
2%
$118,300
—
2019
$6,443
-4%
$118,300
-14%
2018
$6,740
5%
$137,400
—
2017
$6,407
-1%
$137,400
9%
2019
$6,443
59%
$126,400
61%
2016
$4,062
—
$78,700
—
2015
$4,048
-37%
$78,700
—
2013
$6,465
—
$78,700
—
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 318 E State St
318 E State Street, Trenton, NJ 08608 (MLS# NJME2070530) is a Apartment property. 318 E State Street is currently listed for $430,000 and was received on December 03, 2025. Want to learn more about 318 E State Street? Do you have questions about finding other Apartment real estate for sale in Trenton? You can browse all Trenton real estate or contact a Coldwell Banker agent to request more information.

