318 E STATE STREETTRENTON, NJ 08608

Commercial · 2,283 Sq. ft. | 0.05 Acres
$430,000 ACTIVE

318 E STATE STREET Overview

Time on Site:
208 days
Visits:
27

Buyer's Special!!!!! An outfitted commercial space with two rented, 2 Bedroom Apartments @ $1250 each with long-time tenants for $450,000.00 Block and lot specified in the local zoning code for cannabis, and property to be delivered with local building approvals for Cannabis Class 5 Retail Dispensary. Located in the impact zone Turn-key operations

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318 E STATE STREET Facts & Features

  • Type Commercial
  • Sq. ft. 2,283
  • Price/Sq.ft. $188
  • Lot 0.05 Acres

Details

General

Income/Expenses

  • Income Includes: Apartment Rentals

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Year Built: 1950

Business Information

  • Business Type: Apartment Building,Restaurant/Bar

Location/Region

  • Country: US
  • County: MERCER
  • County Or Parish: MERCER
  • MLS Area Major: Trenton City (21111)

Parking Information

  • Total Parking Spaces: 0
  • Type of Parking: On Street

Tax Information

  • City/Town Tax Payment Frequency: Annually
  • County Tax Payment Frequency: Annually
  • Tax Annual Amount: $6,967.00
  • Tax Assessed Value: 118300.00
  • Tax Year: 2025

General Information

  • Historic: Yes
  • Property Condition: Very Good
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • School District Name: TRENTON PUBLIC SCHOOLS
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2025
  • Zoning: TRENTON

Interior

Building Information

  • Building Winterized: No
  • Cooling Fuel: Natural Gas
  • Heating Fuel: Natural Gas
  • Total Drive In Doors: 0

Parking Information

  • Garage: No

Building Interior

  • Building Area Source: Estimated
  • Building Area Total: 2283.00
  • Central Air: Yes
  • Hot Water: Natural Gas

General Information

  • Accessibility Features: Level Entry - Main
  • Cooling: Central A/C
  • Electric: 120/240V
  • Foundation Details: Block
  • Security Features: 24 hour security,Exterior Cameras,Desk in Lobby,Main Entrance Lock
  • Stories Total: 2

Exterior

Building Information

  • Total Loading Docks: 0

Lot Information

  • Lot Dimensions Source: Assessor
  • Lot Size Dimensions: 23.00 x 99.20
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 2283.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Frame
  • Fencing: No

General Information

  • Number Of Units Total: 3
  • Sewer: Public Sewer
  • Utilities: Cable TV,Electric Available,Natural Gas Available,Sewer Available,Water Available
  • Water Access: No

318 E STATE STREET Neighborhood

Community

08608 (TRENTON) Demographics

48
Median Age
2,245
Population Density (per sq. mile)
8%
College Educated
$16,991
Estimated Median Income
25
Estimated Total Home Owners
456
Estimated Total Renters
5% / 95%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

318 E STATE STREET Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

318 E STATE STREET Market Data

Based on the last 30 days in this zip code

$190,000
Average List Price
$171
Average Price per Square Foot
0
Properties Sold
106
Average Days on Market
1
Properties for Sale
Calculations provided by Reliance Network

318 E STATE STREET History

Date Event Value Agent
12/3/2025Source: BRIGHT MLS Added to Database
December 03, 2025
12/3/2024Source: BRIGHT MLS Added to Database
August 13, 2021
Listing provided courtesy of EXP Realty, LLC- MLS# NJME2070530MLS ProviderContact Information: [email protected] - 8662016210