$450,000

314 W State St Trenton, NJ 08618

$5,344
Closing credit¹
3,132 sqft
0.05 acres
$144 / sqft
Multi-Family

Property details

About 314 W State St

RENOVATED MULTI-FAMILY IN TRENTON'S HISTORIC DISTRICT: Opportunity awaits with this well-maintained, fully occupied three-family property located in Trenton’s sought-after Historic District. This renovated building is nestled between a professional architectural firm and a doctor’s office, offering both charm and strategic placement. The building’s front exterior has been updated with durable and attractive Hardie Board siding for easy maintenance. Each unit features its own private balcony, enhancing the appeal for residents. The layout includes two 2-bedroom units and one 3-bedroom unit. Tenants are separately metered and responsible for their own electricity and gas. The owner currently covers water and common area utilities. All three units are tenant occupied, providing immediate rental income for investors or a potential live-in owner. The location offers unbeatable accessibility—just one minute from major highways (Route 29, I-95, and I-295), and close to the Trenton Transit Center with direct routes to Philadelphia and New York City. The property is within walking distance to downtown Trenton, municipal offices, the State Capitol, Thomas Edison State University, the New Jersey State Museum, and the planetarium. It also sits directly across from the historic Thomas Edison mansion. This is a rare chance to own a piece of Trenton history with steady income and strong future potential. The property is being sold as-is. The buyer will be responsible for obtaining the Certificate of Occupancy and resolving any open violations or municipal requirements, if applicable. Don’t miss this excellent rental investment in a high-demand location!

Highlights

Home typeTriplex
HeatingRadiant
StatusActive
(ACTIVE)
CoolingWindow Unit(s)
Size3,132 sqft
BasementYes
Lot size0.05 Acres
Year built1887
ParkingOn Street
MLS #NJME2059594

Summary

  • Basement: Yes
  • Parking: On Street
  • Architectural Style: Other
  • Heating: Radiant
  • Cooling: Window Unit(s)
  • List Price: $450,000
  • Price/SqFt: $143
  • Annual Tax Amount: $6,635
  • Tax Year: 2024
  • Lot: Trees
  • Directions: Use GPS.
  • Year Built: 1887
  • Living Area: 3,132 SqFt
  • Municipality: Trenton City
  • Lot Size: 0.05 Acres
  • MLS Number: NJME2059594
  • MLS Name: BRIGHT
  • Office Name: Keller Williams Real Estate - Princeton
  • Office Phone: (609) 987-8889
  • Office Email: reception100@kw.com
  • Listing Agent: Marsha Gordon
  • Agent Phone: (973) 477-7186
  • Agent Email: marshagordon@kw.com

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers 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 on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. 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. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/20/2025, 12:45:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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314 W State St, Trenton, NJ 08618 - view of property

$450,000

314 W State St

$5,344

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 15, 2020
Home Sold
$200,000

Tax history

YearAssessmentProperty Tax
2024$119,200$6,635
2022$119,200$6,619
2021$119,200$6,597
2020$119,200$6,491
2019$119,200$6,213

History based on county public records data.

Nearby schools

1

Battle Monument Intermediate School

Public District 4-6

0.5 mi

145 Pennington Ave

2

Benjamin C. Gregory Elementary School

Public District PK-3

0.6 mi

500 Rutherford Ave

1

Clara Parker Intermediate School

Public District 4-6

1.1 mi

401 Brunswick Ave # 411

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $21,270. Most Trenton, NJ residents have annual incomes less than $<35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

83%
<35k
13%
35k-100k
4%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

47%
Single, No Kids
38%
Single, with Kids
9%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
11%
12-17 yrs old
26%
18-34 yrs old
38%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • UFCUFC
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • BurlingtonBurlington
  • Family DollarFamily Dollar
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Burger KingBurger King
  • Golden CorralGolden Corral

What do the neighbors drive?

  • DodgeDodge
  • BuickBuick
  • KiaKia

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 314 W State St

The listing price of 314 W State St property is $450,000.

The property 314 W State St is a multi located in Trenton, New Jersey, 08618.

Active Listing: 314 W State St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 314 W State St are: Battle Monument Intermediate School (GreatSchools Rating 1/10), Benjamin C. Gregory Elementary School (GreatSchools Rating 2/10), Clara Parker Intermediate School (GreatSchools Rating 1/10), Arthur J. Holland Middle School (GreatSchools Rating 2/10), Paul Robeson Charter School for the Humanities (GreatSchools Rating 5/10), Achievers Early College Preparatory Charter School (GreatSchools Rating 4/10), Foundation Academy Charter School (GreatSchools Rating 3/10), Trenton's Ninth Grade Academy (GreatSchools Rating 1/10), Daylight/Twilight High School (GreatSchools Rating 1/10).

According to the records, the last property tax for 2024 is $6,635 (source: MLS/based on county public records data).

The last sale was on December 15, 2020 for $200,000 (source: MLS/tax record).

The property 314 W State St is 3,132 SqFt (source: MLS/tax record).

The year of construction for 314 W State St is 1887.

This home is located at 314 W State St in Trenton, NJ and zip code 08618 in the Downtown neighborhood. This 3,132 square foot home, which was built in 1887, sits on a 0.05 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since May 26, 2025 and is currently priced at $450,000.

While more than 3 listings in Trenton, NJ in May 2025 were sold above asking price, there were more than 1 listings sold at asking price, and more than 6 were sold below. The number of homes for sale in Trenton, NJ increased by 45.2% between April and May 2025. In May 2025 median list price was $372,500 and the average listing age was 35 days.

From Rocket Homes Real Estate and based on county public records data.

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