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$899,999

  • For Sale
  • Active
  • Apartment
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Introducing 724 Division Street, a turnkey 6-unit commercial/multifamily property located in the heart of Trenton, NJ. This well-maintained investment opportunity offers a strong in-place rent roll, additional parking income, and minimal owner expenses - ideal for investors seeking reliable cash flow and long-term asset appreciation. Fantastic investment opportunity! Five units are 1 bed/1 bath, and the sixth unit is a 2 bed/1 bath. Parking lot currently rented for $750/month, bringing total gross monthly income to $8,796. Annual net income of $82,244 after expenses with an 9.1% cap rate! !!!!!!Estimated Section 8 rents could generate $10,050/month, producing an annual net income of $106,292 after expenses and an impressive 11.8% cap rate! Excellent cash flow and strong upside potential!!!!!!! (CALL Andrei Gayed or David Beaty for more information and to schedule a tour & to see the Pro Forma made for this property)

Full Property Details for 724 Division St

General

  • Price: $899,999
  • Taxes: $11,108 (2024)
  • Status: Active
  • Type: Apartment
  • Source: BrightMLSTriStates
  • MLS ID: NJME2069076
  • Updated: 12/30/2025
  • Added to Site: 94 day(s) ago

Business

  • Business Type: Apartment Building

Parking

  • Total Spaces: 4
  • Parking Type: On Street, Parking Lot

Location

  • Area: Trenton City (21111)
  • Municipality: TRENTON CITY
  • County: MERCER
  • Driving Directions: GPS

School Information

  • School District: Trenton Public Schools

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Radiator
  • Heating Fuel: Oil
  • Water Heater: Oil

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Frame
  • Foundation: Other
  • Year Built: 1897
  • Year Built Source: Estimated

Unit Information

  • # Tenants: Multiple

Lot Features

  • Lot Size Source: Estimated
  • Zoning: RESIDENTIAL

Financial Considerations

  • Price Per Sq. Ft.: $183.49
  • Assessment Year: 2024
  • Tax w/Assessment: $191,500
  • Tax Amount: $11,108
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple

Listed by Century 21 Alliance-Moorestown, Andrei Essam Mounir Gayed and Century 21 Alliance-Moorestown, David Elijah Beaty

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Listing agents

— 724 Division St —

  • Andrei Essam Mounir Gayed

    Century 21 Alliance-Moorestown

  • David Elijah Beaty

    Century 21 Alliance-Moorestown

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

Schools serving 724 Division St

School District:Trenton City School District
NameGradesDistance
Columbus Elementary School, Trenton, NJ
1200 Brunswick Avenue, Trenton, NJ 08638
PK-32.4 mi
Grace A Dunn Middle School
401 Dayton Street, Trenton, NJ 08610
7-80.5 mi
Trenton Central High School
400 Chambers Street, Trenton, NJ 08611
10-120.8 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 724 Division St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/06/2025
Price Reduced
$899,999
-5.26%
MLS
10/29/2025
Listed
$950,000
331.82%
MLS
11/27/2021
Sold
$220,000
—
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 724 Division St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,109
4%
$287,300
50%
2023
$10,661
2%
$191,500
—
2022
$10,452
-2%
$191,500
—
2021
$10,634
—
$191,500
—
2020
$10,600
-2%
$191,500
-8%
2018
$10,853
5%
$208,200
—
2017
$10,316
62%
$208,200
88%
2016
$6,357
-39%
$110,500
-42%
2019
$10,429
65%
$191,500
73%
2015
$6,335
1%
$110,500
—
2013
$6,266
—
$110,500
—
View All
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 for 724 Division St

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Century 21 Alliance-Moorestown, Andrei Essam Mounir Gayed and Century 21 Alliance-Moorestown, David Elijah Beaty

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724 Division Street, Trenton, NJ 08611 (MLS# NJME2069076) is a Apartment property. 724 Division Street is currently listed for $899,999 and was received on October 29, 2025. Want to learn more about 724 Division 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.

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