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$597,000 Just Listed
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Property Description
This commercial property, originally constructed in 1950, is poised for significant transformation with a major renovation. All permits and zoning variances are done. Situated on a strategically located corner lot, this property presents a unique investment opportunity for discerning investors seeking to capitalize on the potential for substantial returns.1. : The property benefits from its corner lot positioning, enhancing visibility and accessibility. This prime location is ideal for attracting foot traffic and maximizing exposure, making it suitable for a variety of commercial uses.2. : With a major rehabilitation planned, investors can leverage the opportunity to modernize the property, aligning it with current market demands. The renovation will not only enhance the aesthetic appeal but also improve functionality, increasing rental income and property value.3. : The anticipated upgrades and renovations are expected to yield significant returns on investment. By revitalizing the property, investors can attract higher-quality tenants and command premium rental rates, thereby enhancing cash flow and overall profitability.4. : The property's design and location allow for versatile usage, accommodating various commercial ventures. This flexibility can attract a diverse tenant base, further mitigating investment risk.5. : The inclusion of a dedicated parking lot enhances the property's appeal, providing convenience for tenants and customers alike. Ample parking is a critical factor in commercial real estate, contributing to tenant satisfaction and retention.6. : The surrounding area is experiencing growth, with increasing demand for commercial spaces. This trend positions the property favorably within the market, suggesting a strong potential for appreciation in value post-renovation.7. : With the completion of the renovation, investors have the opportunity to secure a property that will be modernized to meet contemporary standards, ensuring long-term viability and competitiveness in the market. In summary, this commercial property represents a compelling investment opportunity characterized by its prime corner lot location, planned major renovations, and potential for significant returns. Investors are encouraged to consider the strategic advantages this property offers in a growing market.
Full Property Details
Full Property Details for 801 E State St
General
- Price: $597,000
- Taxes: $8,452 (2025)
- Status: Active
- Type: Office
- Source: BrightMLSTriStates
- MLS ID: NJME2084630
- Updated: Today (10/9/2026)
- Added to Site: Today
Business
- Business Type: Flex
Parking
- Total Spaces: 7
- Parking Type: Parking Lot
Location
- Area: Trenton City (21111)
- Municipality: TRENTON CITY
- County: MERCER
- Driving Directions: Follow GPS
- Location Details: Corner Lot/Unit
School Information
- School District: Trenton Public Schools
- High School: Central
Heating & Cooling
- Cooling Type: Ductless/Mini-Split, Multi Units
- Heating Type: None
- Water Heater: None
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Frame
- Entry Floor Number: 1
- Stories/Levels: 3
- Year Built: 1950
- Year Built Source: Assessor
- Property Condition: Major Rehab Needed
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1
Lot Features
- Lot Size Source: Estimated
- Zoning: COMMERCIAL
Financial Considerations
- Price Per Sq. Ft.: $114.21
- Assessment Year: 2025
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $143,500
- Tax Amount: $8,452
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: HVAC 4 mini split systems and 15 air handlers.
- Investment: Yes
- Lot Number: 00011 01
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Price & Sales History for 801 E State St
Date
Details
Price
Change
Source
10/09/2026
Listed
$597,000
143.67%
MLS
6/08/2024
Sold
$245,000
—
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 801 E State St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,452
72%
$143,500
63%
2023
$4,910
2%
$88,200
—
2022
$4,814
-11%
$88,200
—
2021
$5,386
—
$88,200
-9%
2020
$5,369
-2%
$97,000
-8%
2018
$5,494
5%
$105,400
—
2017
$5,223
49%
$105,400
73%
2016
$3,515
—
$61,100
—
2015
$3,503
-34%
$61,100
-37%
2019
$5,283
52%
$97,000
59%
2013
$3,465
—
$61,100
—
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 801 E State St
801 E State Street, Trenton, NJ 08609 (MLS# NJME2084630) is a Office property. 801 E State Street is currently listed for $597,000 and was received on October 09, 2026. This property is listed by Gilbert "Gil" Cheeseman from our NJ Reciprocal Office.Want to learn more about 801 E State 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.


