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$279,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 1,816 Sq. Ft.
  • Updated 5 hours ago
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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 for 321 Parkway Ave

General

  • Price: $279,000
  • Taxes: $6,390 (2025)
  • Status: Active
  • Type: Single Family
  • Source: BrightMLSTriStates
  • MLS ID: NJME2074050
  • Updated: Today (4/16/2026)
  • Added to Site: Today

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

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Listing agent

— 321 Parkway Ave —

  • Kathleen M. Quarterman

    Quarterman Realty Group Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 321 Parkway Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/16/2026
Listed
$279,000
228.24%
MLS
7/07/2017
Sold
$85,000
—
Public Record
Get Price Alerts and Save Property
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 for 321 Parkway Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,801
6%
$108,500
8%
2022
$5,458
-2%
$100,000
—
2021
$5,553
—
$100,000
—
2020
$5,535
2%
$100,000
—
2019
$5,446
-4%
$100,000
-8%
2018
$5,656
5%
$108,500
—
2017
$5,376
-33%
$108,500
-22%
2016
$7,991
—
$138,900
—
2015
$7,963
1%
$138,900
—
2013
$7,877
—
$138,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Quarterman Realty Group Inc., Kathleen M. Quarterman

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321 Parkway Avenue, Trenton, NJ 08618 (MLS# NJME2074050) is a Single Family property with 0 bedrooms and 0 full bathrooms. 321 Parkway Avenue is currently listed for $279,000 and was received on April 16, 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.

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