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220 E Hanover Street Trenton, NJ $ 465,000
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$ 465,000 Get more info
220 E Hanover Street
$ 465,000
Back to search
Share Save

220 E Hanover Street

Trenton, NJ, 08608
$ 465,000
Bedrooms5 Baths0.0

Monthly Estimate*

$ 3,091

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Multi-Family Home for sale in Trenton, NJ

for $465,000 with 5 bedrooms. This home was built in 1950 on a lot size of 0.06.

Five units fully occupied in a prime downtown location, merely a block from the stately Capital Building. An additional unit awaits your vision - convert to a spacious 2 bedroom residence or a bustling commercial space, as zoning allows. This convenient location means tenants are just a short stroll from the train station. The owner covers sewage and water, while tenants pay electric and heat separately. All leases have expired, opening the door to bringing rents up to current market rates. The layout showcases the property's versatility. Unit 1 is a cozy studio. Unit 2 offers 1 bedroom. Unit 3 is a 2 bedroom. Unit 4 provides 1 bedroom. Unit 5 gives you 1 bedroom. And Unit 6? That's up to you - maximize it as a 2 bedroom apartment or commercial unit. This turnkey investment comes ready to reimagine, reinvent and revitalize. Act now to make it yours!

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Multi-Family Active

Price

$ 465,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 13,060

Style

Lot Size

0.06

Year Built

1950

Town/City

Trenton

County/Region

Mercer

MLS | Web ID

NJME2040448
Features
Interior
Heating Fuel Natural Gas
Basement Outside Entrance
Hot Water Natural Gas
Total Stories 3
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix STREET
Central Air Y/N N
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General
Sewer Public Sewer
Heating Forced Air
Cooling Window Unit(s)
Possession Immediate
Zoning HIST
Pool Y/N No Pool
Architectural Style Other
Construction Materials Brick
Exclusions Tenants belongings
Year Built 1950
Property SubType Other
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality TRENTON CITY
Accessibility None
County MERCER
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions Head East on E Hanover toward N Montgomery St the destination will be on the left
City TRENTON
Buyer Agent Compensation 3
Total Units 4
MLS Area Trenton City (21111)
Lot Size Square Feet 2500.00
Waterfront Y/N N
Number of Units Leased 5
Street Name HANOVER
Tax Annual Amount 13060.0
Two Bedroom 1
Structure Type Twin/Semi-Detached
Price Per Sq Ft 112.02
Rent Control Y/N N
Vacation Rental Y/N N
Days on Market 55
Lease Type Month to Month
Standard Status Active
Year Built Source Estimated
Tax Lot 00014
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking On Street
Foundation Details Concrete Perimeter
Water View Y/N N
Lot Size Acres 0.06
Lot Size Units Square Feet
Lot Size Source Estimated
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 220
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* Excluded Features
List By
Karla M Roman

Listing Agent

Weichert Realtors

Broker

Princeton Junction

Office

Affordability Calculator

$4,179
Per Month
74%
26%
0%
Monthly Principal & Interest
$3,091
Monthly Property Taxes
$1,088
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3535812 Elementary School
3533992 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/8/2024$465,000 Listed Price

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220 E Hanover Street, Trenton, NJ, 08608 is a Multi-Family Home for sale at $465,000 with a lot size of 0.06. 220 E Hanover Street has 5 bedrooms, 0.0 baths, and was built in 1950. The property's zip code is 08608 which is in Trenton, NJ

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