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
Open in Google Maps →$123,500
4 Lee Avenue, Trenton, NJ 08618
5 bd · 1.5 ba · 1,715 sqft · $72/sqft · built 1985
User-submitted listing · Not verified by TrioDeal · Seller states capacity: Property owner · Posted Aug 4, 2026 · Declarations re-confirmed Aug 4, 2026
ARV
$431,000
Repairs
$2,000
Spread
$305,500
% of ARV
29%
Calculated from the seller's own figures. Not an appraisal, valuation or investment advice — verify every number independently.
About this deal
Freshly renovated in the last 3 years, kitchen, new heating, new roof, new flooring. Tenant-occupied at $2,640/mo, lease through February 28, 2027. Annual taxes $4,035. Annual insurance $1,780. 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
- 8,700 sqft
- Stories
- 2
- Parking
- Attached garage plus driveway
- Flooring
- Original hardwood, tile in the wet rooms
- Kitchen updated
- 2023
- Zoning
- Mixed use
Deal terms
- Deal type
- Owner-direct
- Cash only
- Yes
- EMD
- $2,500
- Closing timeline
- flexible
- Clear title
- Yes
- Back taxes
- Seller financing
- 20% down, 7.5% interest only, 3-year balloon.
Systems & structure
- Roof
- Tile
- Roof age
- 1 yrs
- HVAC age
- 5 yrs
- Water heater
- 13 yrs
- Foundation
- Crawlspace
- Construction
- Block
- Solar
- Water
- City water
- Sewer
- City sewer
Climate & community
- Waterfront
- CDD
- Annual taxes
- $4,035
- Min lease
Rental
- Current rent
- $2,640/mo
- Market rent
- $2,884/mo
- Potential rent
- Est. cap rate (seller inputs)
- 22.4%
- Lease ends
- 2027-02-28
- 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
Price history
| Aug 6, 2026 | $123,500 | $-272,500 |
| Aug 4, 2026 | $396,000 | 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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