831 Parkway Avenue Trenton, NJ $ 790,000
831 Parkway Avenue
$ 790,000
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831 Parkway Avenue

Trenton, NJ, 08618
$ 790,000
Baths0.0 Sq 4,156

Monthly Estimate*

$ 5,518

831 Parkway Avenue, Trenton, NJ 08618 - Image 1
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Studio

Commercial Property for sale in Trenton, NJ

for $790,000. This 4,156 square foot building was built in 1940 on a lot size of 1.44.

The subject site is irregular in shape (L shape), and covers a total estimated area of about 62,825 square feet. It has 189.060 feet frontage along Parkway Avenue and additional frontage of 115 feet along Lexington Avenue. Because Lot # 15 is actually situated on the corner of Parkway and Lexington. the subject site is an inside lot. The subject site includes a significant amount of "surplus acreage" due to the demolition of a strip store which once fronted Parkway Avenue and burnt down. This surplus acreage can most likely be re-developed. The site is level and at road grade. Utilities available to the site are water, sewer, electric, telephone and gas. Site improvements include a side paved parking lot which provides parking for approximately 6 cars. All other parking is "on-street". The subject is encumbered by an access easement which provides a drive way from Lexington Avenue to center of the subject site. The subject site is improved with a one-story, "Multi-Unit Commercial Building" including . The building is currently divided into five units, though can be re-configured into six units. The building is a concrete block structure, which has just a painted block exterior. The roof is part pitched and part flat and finished with either asphalt shingles or tar and metal. The windows are either casement style or double hung. The subject structure is supported by a concrete slab foundation. The subject unit's interiors are either finished with wood paneling or painted sheet rock. Floors are finished with vinyl tiles. All ceilings are finished with either suspended acoustic tiles or painted sheet rock and lighting is provided by fluorescent light fixtures. Heating is provided by a gas-fired, forced hot air system. The heating and electrical systems are separated. There is no central air conditioning and interior cooling is provided by wall unit air conditioners.

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Commercial Pending

Price

$ 790,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 18,470

Style

Convenience Store/Gas,Day Care Facility,Flex,Hair

Lot Size

1.44

Year Built

1940

Town/City

Trenton

County/Region

Mercer

MLS | Web ID

NJME2018870

Features
Interior
Heating Fuel Natural Gas
Hot Water Electric
Heating Y/N Y
Street Suffix AVENUE
Central Air Y/N N
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General
Sewer Public Sewer
Heating Forced Air
Cooling Window Unit(s)
Possession 0-30 Days CD
Zoning BH
Construction Materials Brick
Year Built 1940
Property SubType Mixed Use
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality EWING TWP
Gross Income 59880.00
Business Type Convenience Store/Gas Day Care Facility Flex Hair Salon and Spa Medical Other/General Retail Storage
Accessibility None
County MERCER
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status PENDING
Directions GPS gives good directions
City TRENTON
Buyer Agent Compensation 2.5
Total Units 5
MLS Area Ewing Twp (21102)
Lot Size Square Feet 62825.00
Waterfront Y/N N
Street Name PARKWAY
Tax Annual Amount 18470.0
Property Condition Good
Price Per Sq Ft 190.09
Vacation Rental Y/N N
Virtual Tour https://socialboost.com/listings/edit/333324
Days on Market 449
Standard Status Pending
Year Built Source Assessor
Tax Lot 00095
Buyer Agent Compensation Type % Of Gross
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Exterior
Lot Features Cleared
Water Source Public
Type of Parking Parking Lot
Foundation Details Slab
Water View Y/N N
Building Area Total 4156.00
Lot Dimensions 184.08 x 260.00
Lot Size Acres 1.44
Road Surface Type Black Top
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 313500.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 831
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* Excluded Features
List By
Era Central Realty Group - Bordentown

Broker

kpzimmer@comcast.net

Email

Affordability Calculator

$7,058
Per Month
78%
22%
0%
Monthly Principal & Interest
$5,518
Monthly Property Taxes
$1,539
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/27/2022$790,000 Listed Price

Map


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831 Parkway Avenue, Trenton, NJ, 08618 is a Commercial Property for sale at $790,000 with 4,156 sqft and a lot size of 1.44. 831 Parkway Avenue is a studio with 0.0 baths and was built in 1940. The property's zip code is 08618 which is in Trenton, NJ