431 MARTIN LUTHER KING JR BLD, TRENTON, NJ 08618
NONE AVAILABLE · MERCER County
Key Facts
Description
Calling all investors, developers, and entrepreneurs 431 Martin Luther King Jr. Blvd. presents a prime mixed-use property in the heart of Trenton, offering both commercial and residential potential under one roof. This vacant building currently features a commercial storefront on the main level with residential space above, making it an ideal opportunity for those looking to renovate, reposition, and add long-term value. Whether you're planning to operate your own business on the ground floor or lease to a commercial tenant, the flexible layout offers plenty of possibilities. The upper residential unit(s) can be transformed into income-generating apartments or used for owner occupancy. The property needs full rehab, but with the right vision and updates, it could become a standout asset in a growing urban market. Located in a high-visibility corridor with consistent foot and vehicle traffic, and within close proximity to government buildings, retail, schools, and public transit this is a location with serious upside. Ideal for a fix-and-hold strategy, retail/residential redevelopment, or cash-flow conversion this is your chance to make a power move in Trenton.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Structure Type
House
Year Built
1886
Lot Size
0.06 acres
Zoning
COMM
Days on Market
176
MLS® Listing#
NJME2070932
Property Features
Interior
Appliances
Cooling
Heating
Pool
Parking
Construction
Foundation
Sewer
Water Source
Schools
- District:
- TRENTON PUBLIC SCHOOLS
Financial Details
Annual Taxes
$1,809
Tax year 2004
Assessed Value
$45,000
Parcel Number
11-06608-00005
Directions
Pennington Ave to Martin Luther King Blvd
Affordability Calculator
$50,000
Estimated monthly payment
$1,331/mo
Principal $200,000 · Est. interest $279,018 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 15% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in TRENTON, NJ.
Location
Getting Around
Points of Interest in TRENTON, NJ
Showing the TRENTON area map.
Nearby Schools
Luis Munoz Rivera Elementary School
Elementary · 0.1 mi away
Monument Elementary School
Secondary · 0.2 mi away
Albayaan Academy
School · 0.3 mi away
Agape International Chi
Elementary · 0.3 mi away
Daylight Twilight High School
Secondary · 0.4 mi away
Martin Luther King Junior Elementary School
Elementary · 0.5 mi away
Porzio Governmental Affairs, LLC
Secondary · 0.5 mi away
Grant Elementary School
Secondary · 0.6 mi away
Trenton Public School District, NJ
School · 0.6 mi away
Sprout U School of the Arts
School · 0.7 mi away
Foundation Academies
School · 0.7 mi away
Trenton Community Charter School
Secondary · 0.7 mi away
Gregory Elementary School
Elementary · 0.7 mi away
Cadwalader Elementary School
Elementary · 0.8 mi away
Mt Sinai Sda Elementary School
Elementary · 0.9 mi away
Cyo East State Street Center
School · 0.9 mi away
The Garvey School
School · 1.0 mi away
Daylight Twilight School
School · 1.0 mi away
Robbins Elementary School
Elementary · 1.1 mi away
Paul Robeson Charter School
Elementary · 1.1 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 |
|---|---|---|---|---|
| 181 LOCUST STREET, TRENTON, NJ | $205,000 | 7 | 2 | 1,192 |
Moving Cost Estimate
EXIT Agents in TRENTON
Listing Courtesy: Burgos Realty Company - 9733376475