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$345,000 Just Listed
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Property Description
5-unit apartment building located a block from the Trenton Transit Center. Minor upgrades have been made in the past year including a new roof, upgraded heating system and unit renovations. The building has a current green card. This neighborhood is well served by Route 1 access and a very short walk to the Trenton Transit Center. There is a significant value-add opportunity from rent growth in this portfolio - the current rents are below market and as the neighborhood improves, rents will rise.
Full Property Details
Full Property Details for 542 E State St
General
- Price: $345,000
- Taxes: $7,541 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSTriStates
- MLS ID: NJME2074278
- Updated: 3/31/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Apartment Building
Parking
- Parking Type: Other
Location
- Area: Trenton City (21111)
- Municipality: TRENTON CITY
- County: MERCER
- Development Name: None Available
- Subdivision: None Available
- Cross Streets: North Clinton Ave
- Driving Directions: From train station, walk half block to E State and then left for half a block on E State and cross the street
School Information
- School District: Trenton Public Schools
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard - Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electric Available, Sewer Available, Water Available
Structural Information
- Construction: Frame
- Foundation: Brick/Mortar
- Year Built: 1920
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1
Lot Features
- Lot Size Source: Estimated
- Lot Dimensions: 25 x 147
- Zoning: DDC
Financial Considerations
- Price Per Sq. Ft.: $136.15
- Assessment Year: 2025
- County Tax Freq: Annually
- Tax w/Assessment: $130,000
- Tax Amount: $7,541
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenant's belongings
- Investment: Yes
- Lot Number: 13
Listed by Pott Real Estate, LLC, Roland S. Pott
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Schools
Schools serving 542 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 | 0.2 mi |
Woodrow Wilson Elementary School, Trenton, NJ 175 Girard Avenue, Trenton, NJ 08638 | PK-3 | 1.1 mi |
Trenton Central High School-9th Grade Academy 500 Perry Street, Trenton, NJ 08609 | 9- | 0.3 mi |
Trenton Central High School 400 Chambers Street, Trenton, NJ 08611 | 10-12 | 0.6 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 542 E State St
Date
Details
Price
Change
Source
3/31/2026
Listed
$345,000
97.14%
MLS
6/20/2022
Sold
$175,000
—
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 542 E State St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,541
37%
$130,000
—
2022
$5,513
-2%
$130,000
29%
2021
$5,609
—
$101,000
—
2020
$5,590
23%
$101,000
—
2019
$4,553
4%
$101,000
21%
2018
$4,358
5%
$83,600
—
2017
$4,142
-9%
$83,600
—
2019
$4,553
7%
$83,600
13%
2016
$4,251
—
$73,900
—
2015
$4,237
1%
$73,900
—
2013
$4,191
—
$73,900
—
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 542 E State St
542 E State Street, Trenton, NJ 08609 (MLS# NJME2074278) is a Apartment property. 542 E State Street is currently listed for $345,000 and was received on March 31, 2026. Want to learn more about 542 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.

