New Jersey
Trenton
27-29 S WARREN ST

$250,000

27-29 S WARREN ST, Trenton, NJ 08608

other
Built in 1950
3,049sqft lot
—— car garage
$——/sqft
Listed 18 days ago

Property Description

This one-story 1,857$ SF retail/restaurant property generates $37,200 in annual rental income with a cap rate of 8.5%—a rare find in today's market. The building is leased to a popular Jamaican restaurant paying $3,100/month, with a renewed lease and interest in staying, ensuring stability and cash flow from day one. Built in 1950 and well maintained, the property features a brick exterior, flat roof, 200-amp electric, and gas-fired heating with central cooling. Expenses are conservatively estimated, utilities are tenant-paid, and the pro forma reflects realistic, achievable returns City code may allow a second-floor addition, offering potential for future expansion. Whether you're an investor seeking reliable income or an owner-user looking for a prime location, this property delivers strong fundamentals and long-term upside

Listing Status:: Active
Listing Office:: BHHS Fox & Roach - Princeton : 6099241600
Listing Agent:: Joseph Lilleywhite : 8482201866
MLS ID:: NJME2065780

Flooring: Vinyl
A/C: Other
Heating: Forced AirNatural Gas
Disability Feature: Other

Roofing: FlatRubber
General: BrickBlock

Originating MLS: BRIGHT_MAIN
School District: TRENTON PUBLIC SCHOOLS
County: MERCER-NJ

Zoning: BA11-00101-00001

Utilities: Water availableSewer availableNatural gas availableElectric availablePhoneCable tv available
Water: Public
Sewer: Public Sewer

Source: BRIGHT_MAIN

This listing courtesy of Joseph Lilleywhite, BHHS Fox & Roach - Princeton

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Luis Munoz-Rivera Elementary School

400 N Montgomery St, Trenton, NJ, 08618

Grades PK-3

0.50 miles away

Arthur J. Holland Middle School

, Trenton, NJ, 08618

Grades 7-8

0.48 miles away

Trenton's Ninth Grade Academy

500 Perry St, Trenton, NJ, 08618

Grades 9-9

0.57 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.