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Historical user-submitted listing. Status and information may no longer be current. This page is not evidence of ownership, authority, availability, value or transaction history.

Trenton, NJ · Mercer County

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Sold Owner-direct Recently updated Price reduced

$131,000

71 Klagg Avenue, Trenton, NJ 08638

3 bd · 1 ba · 952 sqft · $138/sqft · built 1974

User-submitted listing · Not verified by TrioDeal · Seller states capacity: Property owner · Posted Aug 4, 2026 · Declarations re-confirmed Aug 4, 2026

ARV

$253,000

Repairs

$10,500

Spread

$111,500

% of ARV

56%

Calculated from the seller's own figures. Not an appraisal, valuation or investment advice — verify every number independently.

About this deal

Long term tenant. Tenant-occupied at $1,295/mo, lease through October 31, 2026. Annual taxes $1,343. Annual insurance $926. Landlord license $145. Priced at an 8% capitalisation rate on gross scheduled rent. Figures are the seller's; verify independently. Exact street number available on request. Can be sold as part of a package of 41 units.

Property

Type
Single family
Condition
Light rehab
Occupancy
Tenant-occupied
Lot size
4,800 sqft
Stories
1
Garage
1
Parking
Shared drive
Flooring
Refinished hardwood throughout
Kitchen updated
2020
Zoning
Mixed use

Deal terms

Deal type
Owner-direct
EMD
$10,000
Proof of funds
Required
Closing timeline
7_days
Clear title
Yes
Back taxes

Systems & structure

Roof
Shingle
Roof age
13 yrs
HVAC age
12 yrs
Water heater
10 yrs
Foundation
Crawlspace
Construction
Block
Solar
Water
City water
Sewer
City sewer

Climate & community

Waterfront
CDD
Annual taxes
$1,343
Min lease

Rental

Current rent
$1,295/mo
Market rent
$1,367/mo
Potential rent
Est. cap rate (seller inputs)
10.8%
Lease ends
2026-10-31
Section 8
Yes
Lease terms
n/a

Estimated cap rate = (12 × seller-entered monthly rent − seller-entered annual taxes − 12 × monthly HOA) ÷ asking price. Vacancy, management, insurance, repairs, reserves and other costs are not included unless the seller entered them. TrioDeal has verified none of these figures and has not checked whether all operating expenses were included.

Situation

Open permits

Price history

Aug 6, 2026 $131,000 $-63,250
Aug 4, 2026 $194,250 Listed

This listing was created by the seller, who is solely responsible for its content. TrioDeal is an advertising platform: it does not verify listings, prices or estimates, and is not a party to any transaction. Buyers must perform their own due diligence — see our Terms and Listing Policy. Never wire money or send a deposit without independently confirming the seller, their authority over the property, and the payment instructions.

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