424 Trenton Rd

$1,200,000
Price
4
Beds
4
Baths
6,000 Sq. Ft.
$200 / Sq. Ft.
6,000
Sq. Ft.
$200
per Sq. Ft.

Description

Presenting a high-yield, stabilized investment opportunity at 424 Trenton Road. This 9-unit multifamily property is now 100% fully occupied and generating a confirmed 7.58% Cap Rate on actuals at the current asking price. We have moved past "pro-forma" projections; this asset offers immediate, proven cash flow from day one. Situated in a quiet, wooded setting in Browns Mills, the property offers convenient access to local amenities and major regional employers, including the nearby Joint Base McGuire-Dix-Lakehurst,...Presenting a high-yield, stabilized investment opportunity at 424 Trenton Road. This 9-unit multifamily property is now 100% fully occupied and generating a confirmed 7.58% Cap Rate on actuals at the current asking price. We have moved past "pro-forma" projections; this asset offers immediate, proven cash flow from day one. Situated in a quiet, wooded setting in Browns Mills, the property offers convenient access to local amenities and major regional employers, including the nearby Joint Base McGuire-Dix-Lakehurst, ensuring consistent demand from a diverse tenant pool. The heavy lifting has already been completed with major capital improvements, including a brand new septic system installed in 2021 and renovations on 7 of the 9 units. With the final unit recently leased, the property is fully stabilized with a strong, diverse unit mix consisting of two studios, four 1-bedroom units, two 2-bedroom units, and one 3-bedroom main house. The unique 5-building "village" configuration provides tenants with a private, residential feel that minimizes noise transfer and maximizes retention—a distinct competitive advantage over typical block-style apartments. BONUS VALUE-ADD: The property includes a 6th, standalone building (formerly 4 units verified in tax collectors records) currently in shell condition with water, gas, and electric run to the structure. This building is not connected to the new septic system and is offered strictly "as-is" with no representation of future use. It represents significant potential upside for a buyer willing to navigate township approvals for parking/septic independently, but the sale is not contingent on this development potential. Ideally situated for a 1031 Exchange or an investor seeking immediate yield with a "free option" for future expansion. Clean exit required; no seller financing available.
  1. Listed by Lukasz Boczniewicz • Keller Williams Real Estate-Langhorne
    P: (267)-679-1659 lukasz@alrealtygroup.com

Property Details for 424 Trenton Road

Tax ID Number
29-00526-00001 01
Ownership
Fee Simple
Structure Type
Detached
Style
Traditional, Colonial, Ranch/Rambler
Waterfront
No
Views
Trees/Woods
Garage
No
Municipality
PEMBERTON TWP
LISTING UPDATED: 12/13/2025 04:52 AM

Property Details for 424 Trenton Road

StatusActive
MLS #NJBL2096332
Days on Market88
Taxes$14,782 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1966
Lot Size4.33 AC / 188,615 SF
CountyBurlington County

Location

Listing Courtesy of Keller Williams Real Estate-Langhorne
Add your commute

Building Information for 424 Trenton Road

Stories-Residences4Year Built1966Building Size-Lot Size4.33 AC / 188,615 SF

Payment Calculator

$7,161 per month

30 year fixed, 6.28% Interest

Principal and Interest

$5,930

Property Taxes

$1,232

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 424 Trenton Road

Location
Location
  • School District Name: PEMBERTON TOWNSHIP SCHOOLS
  • School District County ID: 300200396954
  • County: BURLINGTON
  • MLS Area: Pemberton Twp (20329)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Property Manager Y/N: Yes
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $482,300
  • County Tax: $0
  • Improvement Assessed Value: $424,700
  • Land Assessed Value: $57,600
  • Clean Green Assessed: No
  • Municipal Trash: No
  • Land Use Code: 0
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: RESIDENTIAL
  • Tax Lot: 00001 01
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Common Area Maintenance, Electricity, Gas, Insurance, Lawn/Shrub Care, Water, Trash Collection, Taxes - Real Estate, Sewer
  • Rent Control: No
Unit Information
Unit Information
  • Single Room Units Count: 2
  • One Bedroom Units Count: 4
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 1
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Units Furnished: None
  • Units Leased Count: 9
  • Number Of Units Vacant: 0
  • Vacancy Allowance Rate: 5.00%
  • Number Of Units Month To Month: 0
  • Rent Control: No
Rooms
Main
  • # Bedrooms Count Main Level: 0
  • # Bathrooms Count Main Level: 0
  • # Bathrooms Full Main Level: 0
  • # Bathrooms Half Main Level: 0
Rooms
  • Stories: Main
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Long Term
  • Beds Total: 0
  • Full Baths Count: 1
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Long Term
  • Beds Total: 0
  • Full Baths Count: 1
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Long Term
  • Beds Total: 2
  • Full Baths Count: 1
Unit 4
  • Type: Unit 4
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Long Term
  • Beds Total: 2
  • Full Baths Count: 1
Financial Information
Expenses
  • Operating Expense: $52,128
  • Operating Expense Includes: Insurance, Trash
  • Insurance Expense: $7,400
  • Trash Expense: $10,680
  • Maintenance Expense: $7,155
  • Water Avg Month: $143
  • Water Prev 12 Months: $1,716
  • Electric Avg Month: $450
  • Electric Prev 12 Months: $5,400
  • Gas Avg Month: $198
  • Gas Prev 12 Months: $2,376
  • Other Expense: $1,716
  • Furniture Replacement Expense: $0
  • Professional Management Expense: $10,017
Financial Information
  • Gross Scheduled Income: $11,925
  • Net Operating Income: $90,972
  • Annual Rental Income: $143,100
  • Income Includes: Apartment Rentals
  • Cap Rate: 7.58
  • Existing Lease Type: Yearly, Month to Month
Building Info
Building Info
  • Year Major Reno Remodel: 2021
  • Building Units Total: 4
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 0.00 x 0.00
  • Soil Types: Sandy
  • Parcel ID: 1723422
  • Additional Parcels: No
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Driveway
  • Driveway - # of Spaces: 15
  • Parking Features: Asphalt Driveway
Interior Features
Interior Features
  • Fireplace: Yes
  • Fireplaces Count: 2
Exterior Features
Exterior Features
  • Spa: No
  • Pool: No Pool
  • Other Structures: Above Grade
Utilities
Utilities
  • Utilities: Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Water Available
  • Heating: Yes
  • Cooling Type: Central A/C, Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Electric, Forced Air
  • Heating Fuel: Electric, Natural Gas
  • Hot Water: Electric, Multi-tank, Natural Gas
  • Water Source: Public
  • Sewer Septic: Private Septic Tank, Septic = # of BR, Septic Exists
  • Electric Service: 100 Amp Service, 200+ Amp Service
  • Internet Services: Fiber Optic
Confidential Data
Listing Office
  • List Agent AOR: Bucks County Association of REALTORS

Property History for 424 Trenton Road

DateEvent & SourcePriceAppreciation
Oct 7, 2025

Price Change

BRIGHT #NJBL2096332

$1,200,000
Sep 19, 2025

Listed (Active)

BRIGHT #NJBL2096332

$1,275,000
Nov 30, 2017

Closed (Public Record)

Public Record #614881804

$331,000
Nov 30, 2017

Closed

BRIGHT #1001209033

$331,000
Nov 7, 2017

Pending

BRIGHT #1001209033

Sep 21, 2017

Listed (Active)

BRIGHT #1001209033

$399,000
DateEvent & SourcePrice
10/07/2025

Price Change

BRIGHT #NJBL2096332

$1,200,000
09/19/2025

Listed (Active)

BRIGHT #NJBL2096332

$1,275,000
11/30/2017

Closed (Public Record)

Public Record #614881804

$331,000
11/30/2017

Closed

BRIGHT #1001209033

$331,000
11/07/2017

Pending

BRIGHT #1001209033

09/21/2017

Listed (Active)

BRIGHT #1001209033

$399,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 424 Trenton Road

Taxable ValueLand$57,600Additions$424,700Total$482,300
Tax Record2024$14,782 ($1,232 / month)
Home Facts
Beds0Total Finished SqFt1,896 SqFtAbove Grade Finished SqFt1,896 SqFtStories1Lot Size188,615 SqFtStyleSingle Family ResidenceYear Built1966CountyBURLINGTONAPN29 00526-0000-00001- 01

Schools near 424 Trenton Road

This home is within Pemberton Township School District.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - 7 to 8
Public - 9 to 12
Public - K to 2
Rating
School
Distance
Harker Wylie Haines Elementary School
PublicK to 2

Helen A Fort Middle School
Public7 to 8

Pemberton Twp High School
Public9 to 12

Isaiah Haines
PublicK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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424 Trenton Road is a multi-family home for sale in Browns Mills, NJ 08015. This property was listed for sale on September 19, 2025 by Keller Williams Real Estate-Langhorne, it's currently listed at $1,200,000. It has been on the market for a total of 88 days and was last sold on November 30, 2017. This listing's school district is Pemberton Township School District. Nearby schools include Harker Wylie Haines Elementary School, Helen A Fort Middle School and Pemberton Twp High School. 424 Trenton Road is a 4-bed, 4-bath, 6,000 sqft multi-family home built in 1966.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Real Estate-Langhorne

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.