321 Parkway Avenue, Trenton, NJ 08618 - Photo 1

1/1

$287,370

Sold
Closed
Single Family
1,816 Sq. Ft.

1/1

Property Description

Investor opportunity in Trenton, New Jersey-this fully tenant-occupied, detached 2-unit property offers immediate rental income with room to increase returns. With approximately 1,816 sq ft of finished space, the property features a traditional, functional layout designed for long-term tenant appeal. Each unit includes an eat-in kitchen, 2 bedrooms, a full bathroom with tub/shower, and ceiling fans throughout for added comfort and efficiency. A full, unfinished basement with rear access provides additional storage and presents a clear opportunity for future value-whether as a shared laundry area or potential finished space. The property is in average, rentable condition, allowing for immediate cash flow while giving the next owner the ability to implement strategic upgrades over time to drive rents and equity. Roof (2021). Hot Water Heater (2024). Located within close proximity to major routes, schools, and local amenities, this property benefits from consistent tenant demand and long-term upside in an improving market.

Full Property Details

Full Property Details for 321 Parkway Ave

General

Sold For: $287,370
Taxes: $6,390 (2025)
Status: Closed
Type: Single Family
Source: BrightMLSTriStates
MLS ID: NJME2074050
Added to Site: 138 day(s) ago

Interior

Number of Rooms: 8
Interior Features: Bathroom - Tub Shower, Ceiling Fan(s), Floor Plan - Traditional, Kitchen - Eat-In
Appliances: Oven/Range - Gas, Refrigerator, Stove, Water Heater

Parking

Total Spaces: 1
Parking Type: Driveway

Location

Area: Trenton City (21111)
Municipality: TRENTON CITY
County: MERCER
Driving Directions: Take ramp onto I-295 N. Take exit 60 toward RT-29/Trenton onto RT-29 N/RT-129 N. Continue on RT-29 N toward Capitol Complex/Lambertville. Take the exit toward Calhoun St/Capitol Complex/Thomos Edison State University onto Calhoun St. Turn left onto Pennington Ave (RT-31). Turn left onto Parkway Ave (CR-634).

School Information

School District: Trenton Public Schools

Heating & Cooling

Cooling Type: Ceiling Fan(s), Wall Unit
Cooling Fuel: Electric
Heating Type: Radiator
Heating Fuel: Natural Gas
Water Heater: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Architectural Style: Colonial
Structure Type: Detached
Construction: Frame
Basement: Yes
Basement Entrance: Yes
Basement Desc.: Full, Rear Entrance, Unfinished
Foundation: Concrete Perimeter
Roof: Shingle
Square Feet: 1,816
Sq. Ft. Source: Estimated
Living Area: 1,816 Sq. Ft.
Finished Above Grnd: 1,816 Sq. Ft.
Year Built: 1922
Year Built Source: Estimated
Property Condition: Average

Unit Information

Other Units: Unit 1, Unit 1
2 Bedroom Units: 2

Lot Features

Lot Size (Acres): 0.12
Lot Size (Sq. Ft.): 5,227
Lot Size Source: Estimated
Lot Dimensions: 50 x 108
Zoning: RES

Financial Considerations

Price Per Sq. Ft.: $153.63
Assessment Year: 2025
County Tax Freq: Annually
Tax w/Assessment: $108,500
Tax Amount: $6,390
Tax Year: 2025
Owner Pays: Insurance, Taxes - Real Estate
Landlord Pays: Insurance, Taxes - Real Estate
Tax Total Finished Sq. Ft.: 1816

Disclosures and Reports

Ownership: Fee Simple
Lot Number: 53

Listed by Quarterman Realty Group Inc., Kathleen M. Quarterman
Sold by RE/MAX Aspire, Marc Lentine

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Listing agent

— 321 Parkway Ave —

Kathleen M. Quarterman

Quarterman Realty Group Inc.

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Schools

Schools serving 321 Parkway Ave

School District:Trenton City School District

Name	Grades	Distance
Stokes Elementary School, Trenton, NJ 915 Parkside Avenue, Trenton, NJ 08618	PK-3	0.3 mi
Jefferson Elementary 1 Whittlesey Road, Trenton, NJ 08618	4-6	0.8 mi
Holland Middle School 1001 West State Street, Trenton, NJ 08618	7-8	1.1 mi
Trenton Central High School-9th Grade Academy 500 Perry Street, Trenton, NJ 08609	9-	1.4 mi
Trenton Central High School 400 Chambers Street, Trenton, NJ 08611	10-12	2.3 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 321 Parkway Ave

Date

Details

Price

Change

Source

7/23/2026

Sold

$287,370

3%

MLS

4/16/2026

Listed

$279,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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321 Parkway Avenue, Trenton, NJ 08618 (MLS# NJME2074050) is a Single Family property that was sold at $287,370 on July 23, 2026. Want to learn more about 321 Parkway Avenue? 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.

321 Parkway Ave Trenton, NJ 08618