724 Division St

Trenton, NJ 08611

$899,999
Price
7
Beds
6
Baths
4,905 Sq. Ft.
$183 / Sq. Ft.
4,905
Sq. Ft.
$183
per Sq. Ft.
front view of a building
a kitchen with white cabinets and white appliances
a kitchen with a refrigerator a stove a sink and cabinets
a view of a room with gym equipment
a view of an entryway with livingroom
a view of front door of house
a view of front door door of a house
a bathroom with a sink a toilet and shower
a bedroom with furniture and a window
a view of a dining room with furniture and a potted plants
a living room with furniture and wooden floor
a kitchen with refrigerator and cabinets
a view of a closet
a bedroom with bed and window
a living room with furniture and a flat screen tv
a view of a dining room with furniture and wooden floor
a kitchen with granite countertop white cabinets and white appliances
a bathroom with a sink toilet and vanity
a view of entryway
a bedroom with a bed and a dresser
a view of a hallway with wooden floor
a bedroom with furniture and a mirror
a bathroom with a sink a toilet a mirror and shower curtain
a kitchen with refrigerator and cabinets
a front view of a house with entryway and wooden floor
a living room with furniture and a flat screen tv
a bathroom with a sink and toilet
a bedroom with a bed and a walk in closet
a view of a house with a yard and sitting area

Description

Introducing 724 Division Street, a turnkey 6-unit commercial/multifamily property located in the heart of Trenton, NJ. This well-maintained investment opportunity offers a strong in-place rent roll, additional parking income, and minimal owner expenses — ideal for investors seeking reliable cash flow and long-term asset appreciation. Fantastic investment opportunity! Five units are 1 bed/1 bath, and the sixth unit is a 2 bed/1 bath. Parking lot currently rented for $750/month, bringing total gross...Introducing 724 Division Street, a turnkey 6-unit commercial/multifamily property located in the heart of Trenton, NJ. This well-maintained investment opportunity offers a strong in-place rent roll, additional parking income, and minimal owner expenses — ideal for investors seeking reliable cash flow and long-term asset appreciation. Fantastic investment opportunity! Five units are 1 bed/1 bath, and the sixth unit is a 2 bed/1 bath. Parking lot currently rented for $750/month, bringing total gross monthly income to $8,796. Annual net income of $82,244 after expenses with a 9.1% cap rate!! Annual net income of $82,244 after expenses with a 9.1% cap rate! Estimated Section 8 rents could generate $10,050/month, producing an annual net income of $106,292 after expenses and an impressive 11.19% cap rate! Excellent cash flow and strong upside potential! (CALL Andrei Gayed or David Beaty for more information and to schedule a tour & to see the Pro Forma made for this property)
  1. Listed by Andrei Essam Mounir Gayed • Century 21 Alliance-Moorestown
    P: (609)-321-5893 andreigayed@gmail.com
  2. Listed by David Elijah Beaty • Century 21 Alliance-Moorestown
    P: (760)-696-2495 davidbeatyc21@gmail.com

Property Details for 724 Division Street

Tax ID Number
11-19302-00025
Ownership
Fee Simple
Structure Type
Detached
Style
Other
Waterfront
No
Garage
No
Municipality
TRENTON CITY
Central Air
No
LISTING UPDATED: 11/17/2025 02:11 AM

Property Details for 724 Division Street

StatusActive
MLS #NJME2069098
Days on Market48
Taxes$11,108 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1897
Lot Size0.00 AC / 0 SF
CountyMercer County

Location

Listing Courtesy of Century 21 Alliance-Moorestown
Add your commute

Building Information for 724 Division Street

Stories-Residences4Year Built1897Building Size-Lot Size0.00 AC / 0 SF

Payment Calculator

$5,373 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,447

Property Taxes

$926

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 724 Division Street

Location
Location
  • School District Name: TRENTON PUBLIC SCHOOLS
  • School District County ID: 300200396606
  • SchoolDistrictSource: Listing Agent
  • County: MERCER
  • MLS Area: Trenton City (21111)
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
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $191,500
  • Year Assessed: 2024
  • Improvement Assessed Value: $134,500
  • Land Assessed Value: $57,000
  • Clean Green Assessed: No
  • Zoning: RESIDENTIAL
  • Automatically Update Tax Values Y/N: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 5
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Beds Total: 1
  • Full Baths Count: 1
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Beds Total: 1
  • Full Baths Count: 1
Unit 3
  • Type: Unit 3
  • Beds Total: 1
  • Full Baths Count: 1
Unit 4
  • Type: Unit 4
  • Beds Total: 2
  • Full Baths Count: 1
Unit 5
  • Type: Unit 5
  • Beds Total: 1
  • Full Baths Count: 1
Unit 6
  • Type: Unit 6
  • Beds Total: 1
  • Full Baths Count: 1
Building Info
Building Info
  • Building Level Count: 3
  • Building Units Total: 4
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
Parking
Parking
  • Type Of Parking: On Street, Parking Lot
Interior Features
Interior Features
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Radiator
  • Heating Fuel: Oil
  • Hot Water: Oil
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: NEXUS Association of Realtors

Property History for 724 Division Street

DateEvent & SourcePriceAppreciation
Nov 6, 2025

Price Change

BRIGHT #NJME2069098

$899,999—
Oct 29, 2025

Listed (Active)

BRIGHT #NJME2069098

$950,000—
Nov 27, 2021

Closed (Public Record)

Public Record #1482660953

$220,000—
Jun 21, 2008

Expired

BRIGHT #NJME234142

$399,900—
Jun 21, 2006

Listed (Active)

BRIGHT #NJME234142

$399,900—
DateEvent & SourcePrice
11/06/2025

Price Change

BRIGHT #NJME2069098

$899,999
10/29/2025

Listed (Active)

BRIGHT #NJME2069098

$950,000
11/27/2021

Closed (Public Record)

Public Record #1482660953

$220,000
06/21/2008

Expired

BRIGHT #NJME234142

$399,900
06/21/2006

Listed (Active)

BRIGHT #NJME234142

$399,900

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

Public Records for 724 Division Street

Taxable ValueLand$120,000Additions$167,300Total$287,300
Tax Record2024$11,109 ($926 / month)
Home Facts
Total Finished SqFt4,905 SqFtAbove Grade Finished SqFt4,905 SqFtStories2StyleMiscellaneous CommercialYear Built1897CountyMERCERAPN11 19302-0000-00025

Schools near 724 Division Street

This home is within Trenton Public School District.
Rating
School
Type
Grades
Distance
Washington Elementary School
Public - K to 3
HEDGEPETH WILLIAM MIDDLE SCHOOL
Public - 4 to 6
Grace A Dunn Middle School
Public - 7 to 8
Trenton Central High School
Public - 10 to 12
Rating
School
Distance
Washington Elementary School
PublicK to 3

HEDGEPETH WILLIAM MIDDLE SCHOOL
Public4 to 6

Grace A Dunn Middle School
Public7 to 8

Trenton Central High School
Public10 to 12

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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More information about 724 Division Street, Trenton, NJ 08611

724 Division Street is a multi-family home for sale in Trenton, NJ 08611. This property was listed for sale on October 29, 2025 by Century 21 Alliance-Moorestown, it's currently listed at $899,999. It has been on the market for a total of 48 days and was last sold on November 27, 2021. This listing's school district is Trenton Public School District. Nearby schools include Washington Elementary School, HEDGEPETH WILLIAM MIDDLE SCHOOL and Grace A Dunn Middle School. 724 Division Street is a 7-bed, 6-bath, 4,905 sqft multi-family home built in 1897.

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 Century 21 Alliance-Moorestown

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.