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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

$99,000

240 Rutherford Avenue, Trenton, NJ 08618

4 bd · 2 ba · 1,480 sqft · $67/sqft · built 1947

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

ARV

$358,000

Repairs

$1,000

Spread

$258,000

% of ARV

28%

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

About this deal

Fully renovated. Tenant-occupied at $2,200/mo, lease through January 31, 2027. Annual taxes $2,568. Annual insurance $1,548. 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
Turnkey
Occupancy
Tenant-occupied
Lot size
6,400 sqft
Stories
1
Garage
1
Parking
Driveway, off street for two
Flooring
LVP downstairs, carpet up
Kitchen updated
2021
Zoning
R-3 multifamily

Deal terms

Deal type
Owner-direct
Cash only
Yes
EMD
$5,000
Closing timeline
7_days
Clear title
Yes
Back taxes

Systems & structure

Roof
Metal
Roof age
1 yrs
HVAC age
4 yrs
Water heater
3 yrs
Foundation
Basement
Construction
Wood frame
Solar
Water
City water
Sewer
City sewer

Climate & community

Waterfront
CDD
Annual taxes
$2,568
Min lease

Rental

Current rent
$2,200/mo
Market rent
$2,677/mo
Potential rent
Est. cap rate (seller inputs)
24.1%
Lease ends
2027-01-31
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.

Price history

Aug 6, 2026 $99,000 $-231,000
Aug 4, 2026 $330,000 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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