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Property Description
Mixed-Use Investment Opportunity in Historic Downtown Trenton! Discover the potential of this unique semi-detached mixed-use property located in Historic Downtown Trenton, NJ. The first-floor commercial space offers a bright and versatile layout with abundant natural light and was formerly utilized as a salon. The space features three spacious rooms, a bathroom, two separate entrances, and a basement providing additional storage along with a washer/dryer setup. The second and third floors feature a tenant-occupied 1-bedroom duplex, providing an opportunity for immediate rental income and cash flow. The residential unit offers a comfortable living room, separate dining area, formal kitchen, and bedroom, with a combination of hardwood flooring and carpet. The third floor offers a spacious loft-style layout with potential to be finished and converted into an additional bedroom, subject to all applicable approvals and permits. Whether you're an investor seeking an income-producing property or an owner-user looking for commercial and residential versatility, this property offers plenty of possibilities. Property is being sold AS IS. Buyer is responsible for all required city inspections, Certificate of Occupancy, permits, approvals, and any other requirements. Located in Downtown Trenton with convenient access to local businesses, transportation, dining, and major roadways. Schedule your private tour today and explore the possibilities!
Full Property Details
Full Property Details for 48 W Lafayette St
General
- Price: $275,000
- Taxes: $5,206 (2025)
- Status: Active
- Type: Office
- Source: BrightMLSTriStates
- MLS ID: NJME2083696
- Updated: 9/14/2026
- Added to Site: 2 day(s) ago
Business
- Business Type: Flex
Interior
- Flooring: Carpet, Hardwood, Other
Rooms
Bathrooms
- Restrooms: 2
Parking
- Parking Features: Public
- Parking Type: On Street
Location
- Area: Trenton City (21111)
- Municipality: TRENTON CITY
- County: MERCER
- Cross Streets: Barrack St.
- Driving Directions: Use GPS for accurate directions
- Location Details: Business District
School Information
- School District: Trenton Public Schools
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Central
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electric Available, Natural Gas Available, Sewer Available, Water Available
Structural Information
- Construction: Frame
- Basement: Yes
- Entry Floor Number: 1
- Year Built: 1862
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,360
- Lot Size Source: Assessor
- Lot Dimensions: 16.00 x 85.00
- Frontage Feet: 16
- Street/Road Desc.: Black Top
- Zoning: 4A
Financial Considerations
- Price Per Sq. Ft.: $147.06
- Assessment Year: 2025
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $88,400
- Tax Amount: $5,206
- Tax Year: 2025
- Owner Pays: Taxes - Real Estate, Water
- Landlord Pays: Taxes - Real Estate, Water
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenants belongings
- Investment: Yes
- Lot Number: 19
Listed by Radiance Realty & Associates, Carlene Herring
Get Pre-Approved Today
Schools
Schools serving 48 W Lafayette St
School District:Trenton City School District
| Name | Grades | Distance |
|---|---|---|
Cadwalader Elementary School 501 Edgewood Avenue, Trenton, NJ 08618 | PK-3 | 0.9 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- | 0.7 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 | 1.3 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 48 W Lafayette St
Date
Details
Price
Change
Source
9/14/2026
Listed
$275,000
—
MLS
9/01/2022
Sold
$275,000
—
Public Record
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 48 W Lafayette St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,207
6%
$88,400
—
2023
$4,921
2%
$88,400
—
2022
$4,825
-2%
$88,400
—
2021
$4,909
—
$88,400
—
2020
$4,893
6%
$88,400
—
2018
$4,608
5%
$88,400
—
2017
$4,380
-29%
$88,400
-18%
2016
$6,190
—
$107,600
—
2015
$6,169
28%
$107,600
22%
2019
$4,814
-21%
$88,400
-18%
2013
$6,102
—
$107,600
—
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 48 W Lafayette St
48 W Lafayette Street, Trenton, NJ 08608 (MLS# NJME2083696) is a Office property. 48 W Lafayette Street is currently listed for $275,000 and was received on September 14, 2026. Want to learn more about 48 W Lafayette Street? Do you have questions about finding other Office real estate for sale in Trenton? You can browse all Trenton real estate or contact a Coldwell Banker agent to request more information.

