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803 E State Street

TRENTON, NJ 08609
  • $149,500
  • STATUS: Active
  • ON SITE: 24 Days
  • ID#: NJME2039438
UPDATED: 68 min ago
$149,500
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1950
County:

School Ratings & Info

School District:

Description

Multi-Unit, Multi-Use Opportunity. 801 and 803 E State St are a bundled sale, $299,000. The properties are in the new LDO (Land Development Area ) and located in the RH-1 Zone which allows the use of Multiple dwelling units. A full mix of dwelling types from single-family to multi-family, with RH-1 allowing structures up to 40+GG districts also allow for limited commercial uses to create a mixed-use environment. The two buildings previously were used as a store front, restaurant/club, and residence. There is an income producing bill board on the east side of the building that is included in the purchase. The properties may be converted to a multi-unit dwelling as per the City guidelines for the RH-1 zone after approval. This is a strong opportunity for a developer, builder, investor, investor group, individual, and organization looking to provide new housing units after a complete renovation. 801-803 E State St are sold together and may not be separated. Buyers are encouraged to complete their own due diligence concerning all aspects of the purchase and process. Proof of funds or pre approval required for showings. The surrounding area is being developed and renovated, the City is committed to supporting the area. 801-803 E State street is an excellent value and rare opportunity.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Holloway Real Estate Group | eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-03-04T20:51:36.
www.njhousehunter.com/homes/147378348
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803 E State Street TRENTON, NJ 08609

  • Price: $149,500
  • Status: Active
  • On Site: 24 Days
  • Updated: 68 min ago
  • ID#: NJME2039438
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1950
Built
Neighborhood:
Trenton City (21111)
County:
Mercer
Area:
Trenton City (21111)
School District:
Trenton Public Schools
Property Description
Multi-Unit, Multi-Use Opportunity. 801 and 803 E State St are a bundled sale, $299,000. The properties are in the new LDO (Land Development Area ) and located in the RH-1 Zone which allows the use of Multiple dwelling units. A full mix of dwelling types from single-family to multi-family, with RH-1 allowing structures up to 40+GG districts also allow for limited commercial uses to create a mixed-use environment. The two buildings previously were used as a store front, restaurant/club, and residence. There is an income producing bill board on the east side of the building that is included in the purchase. The properties may be converted to a multi-unit dwelling as per the City guidelines for the RH-1 zone after approval. This is a strong opportunity for a developer, builder, investor, investor group, individual, and organization looking to provide new housing units after a complete renovation. 801-803 E State St are sold together and may not be separated. Buyers are encouraged to complete their own due diligence concerning all aspects of the purchase and process. Proof of funds or pre approval required for showings. The surrounding area is being developed and renovated, the City is committed to supporting the area. 801-803 E State street is an excellent value and rare opportunity.
Exterior Features

Construction Materials Brick Garage YN No Parking Types On StreetParking Lot Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 1596.00 Cooling None Heating Forced Air Heating YN Yes Net Square Feet 4839.00

Property Features

Acceptable Financing CashPrivateOther Accessibility Features 2+ Access Exits Assessment Year 2022 Business Type Apartment BuildingOtherSupermarket/Grocery StoreOther/General Retail Central Air YN No Cooling Fuel None Cross Street Chambers St Heating Fuel Natural Gas Hot Water Natural Gas Lease Considered YN No Municipality TRENTON CITY Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 802855138912 Ownership Interest Fee Simple Possession Settlement Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 3820.00 Tax Assessment Amount 70000.00 Tax Lot 00012 Vacation Rental YN No Water Source Public Zoning RH-1 Zoning Description New LDO (Land Development Area ) is located in the RH-1 Zone which allows the use of Multiple dwelling units

Listing courtesy of BHHS Fox & Roach-Princeton Junction: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Holloway Real Estate Group | eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-03-04T20:51:36.
 
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Holloway Real Estate Group | eXp Realty
102 Centre Blvd. Suite J
Marlton NJ, 08053