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Listed by Tynisha Isom • HomeSmart Nexus Realty Group - Princeton
$2,500,000
Est. payment /mo
1.31 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID NJME2085114
Year Built 1950
Annual Tax Amount $28,860
Tax Year 2026
Lot Size 1.308 Acres
Acres 1.31
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
PRIME MULTIFAMILY DEVELOPMENT OPPORTUNITY
Approved Architectural Plans for 68 Residential Apartments | 1- & 2-Bedroom Units
Exceptional Investment & Development Opportunity in Trenton, New Jersey!
Presenting an exciting opportunity for investors, developers, and builders to acquire a multifamily development property.
This property is being marketed with approved architectural designs for a proposed 68-unit residential apartment development featuring a desirable two-bedroom apartments. The proposed development offers an opportunity to contribute to Trenton's growing demand for quality residential housing while establishing a potentially valuable income-producing real estate asset.
PROPERTY HIGHLIGHTS
Property Address: 320 Spring Street, Trenton, NJ 08618
Proposed Development: 68 Residential Apartments
Two-Bedroom Apartments
Architectural Status: Approved Architectural Designs (per seller)
Property Type: Multifamily Residential Development
Investment Potential: Long-Term Rental Income and Asset Appreciation
Location: Trenton, Mercer County, New Jersey
DEVELOPMENT OPPORTUNITY
The proposed 68-unit residential community is designed to accommodate a range of housing needs, including working professionals, individuals, couples, and families seeking convenient access to employment, transportation, shopping, and community amenities.
With architectural designs already approved according to the seller, prospective purchasers have an opportunity to evaluate an established development concept rather than begin the architectural planning process from scratch.
LOCATION ADVANTAGES
Situated in New Jersey's capital city, the property offers access to the greater Mercer County market, major transportation corridors, government employment centers, healthcare facilities, educational institutions, and regional destinations. The location provides an opportunity for developers seeking to expand their multifamily residential portfolios within the Central New Jersey market.
INVESTMENT HIGHLIGHTS
Whether your investment strategy focuses on developing and holding rental properties, expanding an existing multifamily portfolio, or pursuing a residential development project, 320 Spring Street presents an opportunity worth exploring. 68 Proposed Residential Units. Approved Architectural Designs. Strong Multifamily Development Potential.
ADDITIONAL INFORMATION
Architectural plans, development documentation, and additional property information may be made available to qualified purchasers upon request. Permit Ready
Buyers are responsible for independently verifying all municipal approvals, zoning requirements, permits, unit configurations, utilities, development costs, and project feasibility.
Schedule a private consultation to learn more about this multifamily development opportunity at 320 Spring Street, Trenton, NJ.
*Serious investors and qualified developers are encouraged to inquire.*
Approved Architectural Plans for 68 Residential Apartments | 1- & 2-Bedroom Units
Exceptional Investment & Development Opportunity in Trenton, New Jersey!
Presenting an exciting opportunity for investors, developers, and builders to acquire a multifamily development property.
This property is being marketed with approved architectural designs for a proposed 68-unit residential apartment development featuring a desirable two-bedroom apartments. The proposed development offers an opportunity to contribute to Trenton's growing demand for quality residential housing while establishing a potentially valuable income-producing real estate asset.
PROPERTY HIGHLIGHTS
Property Address: 320 Spring Street, Trenton, NJ 08618
Proposed Development: 68 Residential Apartments
Two-Bedroom Apartments
Architectural Status: Approved Architectural Designs (per seller)
Property Type: Multifamily Residential Development
Investment Potential: Long-Term Rental Income and Asset Appreciation
Location: Trenton, Mercer County, New Jersey
DEVELOPMENT OPPORTUNITY
The proposed 68-unit residential community is designed to accommodate a range of housing needs, including working professionals, individuals, couples, and families seeking convenient access to employment, transportation, shopping, and community amenities.
With architectural designs already approved according to the seller, prospective purchasers have an opportunity to evaluate an established development concept rather than begin the architectural planning process from scratch.
LOCATION ADVANTAGES
Situated in New Jersey's capital city, the property offers access to the greater Mercer County market, major transportation corridors, government employment centers, healthcare facilities, educational institutions, and regional destinations. The location provides an opportunity for developers seeking to expand their multifamily residential portfolios within the Central New Jersey market.
INVESTMENT HIGHLIGHTS
Whether your investment strategy focuses on developing and holding rental properties, expanding an existing multifamily portfolio, or pursuing a residential development project, 320 Spring Street presents an opportunity worth exploring. 68 Proposed Residential Units. Approved Architectural Designs. Strong Multifamily Development Potential.
ADDITIONAL INFORMATION
Architectural plans, development documentation, and additional property information may be made available to qualified purchasers upon request. Permit Ready
Buyers are responsible for independently verifying all municipal approvals, zoning requirements, permits, unit configurations, utilities, development costs, and project feasibility.
Schedule a private consultation to learn more about this multifamily development opportunity at 320 Spring Street, Trenton, NJ.
*Serious investors and qualified developers are encouraged to inquire.*
Location
State NJ
County Mercer
Area Trenton City (21111)
Zoning R-2
Interior
Hot Water None
Heating None
Cooling None
Heat Source None
Exterior
Utilities Available None
Water Access N
Accessibility None
Garage N
Building
Sewer Public Hook/Up Avail
Water Public Hook-up Available
New Construction N
Schools
School District Trenton Public Schools
Others
Tax ID 02-00365-00012
Ownership Fee Simple
Special Listing Condition Standard
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