
169 PENNINGTON AVENUE, TRENTON, NJ 08618
MERCER County
Key Facts
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
Cooling
Heating
Pool
Parking
Construction
Sewer
Water Source
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
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
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 132 JACKSON STREET, TRENTON, NJ | $314,900 | 3 | 2 | 1,530 |
| 1059 S CLINTON AVENUE, TRENTON, NJ | $314,990 | 4 | 3 | 1,584 |
| 16 CARROLL STREET, TRENTON, NJ | $315,000 | 5 | 2 | 2,708 |
| 729 SPRUCE STREET, TRENTON, NJ | $315,000 | 4 | 2 | 1,000 |
| 16 CARROLL STREET, TRENTON, NJ | $315,000 | 5 | — | 2,708 |
| 729 Spruce Street, Trenton, NJ | $315,000 | 4 | 2 | 952 |
Moving Cost Estimate
EXIT Agents in TRENTON
Listing Courtesy: Lacerda Realtors - 7325141000
















