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15 Trenton Ave
Frenchtown, NJ 08825

Multifamily Property For Sale · 7 Units

PROPERTY FACTS

No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.35 AC
Building Size 7,232 SF
Average Occupancy 100%
No. Stories 3
Year Built 1800
Parking Ratio 0.83/1,000 SF

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Hardwood Floors

Site Amenities

  • Recycling
  • Trash Pickup - Curbside
  • Vintage Building

About 15 Trenton Ave , Frenchtown, NJ 08825

This fantastic investment opportunity on Trenton Avenue - the gateway to Frenchtown - provides optimum commercial exposure to passing traffic, plenty of parking, and excellent income potential. Thanks largely in part to six spacious and charming apartment units in two buildings that are fully let, two parking lots, a retail space, and an excellent location, the future looks bright for the astute investor wanting to get a foothold in this bustling river town with minimal set-up costs. The first building offers sleek and spacious residential accommodation on two upper levels with versatile, open floor plans. The first-floor unit currently functions as a salon but it could serve many professional purposes. The second building houses three charming residences that feel more like country cottages than apartments. They range in size from 1-3 bedrooms. In the center of the Borough, with a path that delivers unhindered access to Race Street's shops and café's, this outstanding offering could serve a myriad of uses.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11-00052-0000-00006
Land Assessment
$333,000
Improvements Assessment
$600,000
Total Assessment
$933,000

zoning

Zoning Code R-4
R-4
  • Listing ID: 16647118

  • Date on Market: 7/17/2019

  • Last Updated:

  • Address: 15 Trenton Ave, Frenchtown, NJ 08825

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