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169 PENNINGTON AVENUE, TRENTON, NJ 08618

MERCER County

Key Facts

4Beds
2,321Sq Ft
1861Year Built
0.10Lot (acres)

Description

Prime investment opportunity in a high-visibility location. This mixed-use property features two units, one 5-bedroom home and a street-level grocery and deli store (business sold separately) located on the corner of Pennington Ave and Calhoun St. Convenient access to public transportation, major roadways, and neighborhood amenities. Strong potential for rental income and long-term appreciation

Property Information

Property Type

Residential Income

Sub-Type

Multi Family

Style

A-Frame / Dwelling with Rental

Year Built

1861

Living Area

2,321 sq ft

Lot Size

0.10 acres

Lot Dimensions

0.00 x 0.00

Parking Spaces

2

Zoning

0

Days on Market

50

MLS® Listing#

NJME2069116

Property Features

Appliances

Gas Water Heater

Cooling

Central AirGas

Heating

Natural GasForced Air

Pool

None

Parking

Driveway

Construction

Frame

Sewer

Public Sewer

Water Source

Public

Schools

District:
TRENTON PUBLIC SCHOOLS

Financial Details

Annual Taxes

$6,673

Tax year 2025

Assessed Value

$113,300

Parcel Number

11-04501-00015

Directions

CORNER OF PENNINGTON AVE AND CALHOUN ST

Affordability Calculator

$89,800

Estimated monthly payment

$2,390/mo

Principal $359,200 · Est. interest $501,116 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in TRENTON, NJ

$295,105
Median Listing Price
47
Median Days on Market
1,406
Median Sq Ft
$181
Median Price / Sq Ft
204
Active Listings
  • This home’s price is 52% above the area median.
  • Its price per sq ft is 7% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in TRENTON, NJ.

Location

Map showing the location of 169 PENNINGTON AVENUE, TRENTON, NJ 08618

Points of Interest in TRENTON, NJ

Showing the TRENTON area map.

Nearby Schools

  • Monument Elementary School

    Secondary · 0.1 mi away

  • Agape International Chi

    Elementary · 0.3 mi away

  • Luis Munoz Rivera Elementary School

    Elementary · 0.4 mi away

  • Gregory Elementary School

    Elementary · 0.5 mi away

  • Albayaan Academy

    School · 0.5 mi away

  • Foundation Academies

    School · 0.6 mi away

  • Trenton Community Charter School

    Secondary · 0.6 mi away

  • Martin Luther King Junior Elementary School

    Elementary · 0.6 mi away

  • Cadwalader Elementary School

    Elementary · 0.6 mi away

  • Porzio Governmental Affairs, LLC

    Secondary · 0.6 mi away

  • Daylight Twilight High School

    Secondary · 0.6 mi away

  • Mt Sinai Sda Elementary School

    Elementary · 0.7 mi away

  • Sprout U School of the Arts

    School · 0.7 mi away

  • Daylight Twilight School

    School · 0.8 mi away

  • Grant Elementary School

    Secondary · 0.8 mi away

  • Trenton Public School District, NJ

    School · 0.9 mi away

  • Parkway Elementary School

    Elementary · 1.1 mi away

  • Joseph Stokes Mem Elementary School

    Elementary · 1.1 mi away

  • Stokes Early Childhood Center

    School · 1.1 mi away

  • Paul Robeson Charter School

    Elementary · 1.2 mi away

Commute Calculator

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Nearby Homes

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Similar Home Values

Comparable nearby listings and their asking prices.

Moving Cost Estimate

EXIT Agents in TRENTON

Listing Courtesy: Lacerda Realtors - 7325141000

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EXIT Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2026 Bright MLS. All rights reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by BRIGHT. MLS® Listing#NJME2069116. © 2026EXIT Realty®. All rights reserved.