Investor Opportunity!!! 3 Unit Building. Vacant. Turn-key and Ready for Occupancy. Fully updated kitchens and baths. Apt 1 (1st Floor): 1 bedroom (with office/possible 2nd bedroom), 1 bath and basement access. Fireplaces are strictly cosmetic. Apt 2 (2nd floor): 2 bedrooms (with office/possible 3rd bedroom), 1 bath and deck. Apt 3 (3rd floor): Studio with 1 bath. 2 zones heat (3rd floor is electric heat). 3 Hot water heaters. Fenced backyard. Seller will provide a clear CO. * Seller is a licensed realtor
Multi-familyProperty Type
1897Year Built
2,592 sq ftLot Size
$137Est. Price/Sq.Ft.
Listed by Lisa Candella-Hulbert• Compass New Jersey, LLC - Princeton
Three family all brick structure located in West Trenton. Great cash flow, all units rented. Separate utilities are less than 3 years old. Seller to provide Certificate of Occupancy and status of DCA Green Card.
BRIGHT MLS #1001252913
Dec 31, 2017
Listing Removed
—
Sep 29, 2017
Listed
$74,900
$30/sq ft
Public Records
Jan 18, 2017
Sold
$55,000
$22/sq ft
BRIGHT MLS #1007347196
Jul 15, 2014
Listing Removed
—
Apr 15, 2014
Listed
$65,000
$26/sq ft
BRIGHT MLS #NJME102390
May 14, 2008
Listing Removed
—
Jul 28, 2007
Listed
$53,000
$22/sq ft
BRIGHT MLS #NJME229414
Apr 3, 2007
Listing Removed
—
Jan 3, 2007
Listed
$180,000
$73/sq ft
BRIGHT MLS #NJME248310
Oct 3, 2006
Listing Removed
—
Sep 25, 2006
Listed
$189,900
$77/sq ft
Public Records
Oct 23, 2003
Sold
$60,000
$24/sq ft
BRIGHT MLS #NJME164906
Sep 4, 2003
Sold
$60,000
$24/sq ft
Jun 12, 2003
Listing Removed
—
May 31, 2003
Listed
$60,000
$24/sq ft
BRIGHT MLS #NJME153304
Dec 23, 2002
Sold
$25,000
$10/sq ft
Nov 7, 2002
Listing Removed
—
Nov 7, 2002
Listed
$25,000
$10/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$8,605 (+1.5%)
$5,900 + $140,200
$146,100
2024
$8,475 (+4.2%)
$5,900 + $140,200
$146,100
2023
$8,133 (+135.0%)
$5,900 + $140,200
$146,100
2022
$3,460 (−1.7%)
$5,900 + $57,500
$63,400
2021
$3,521 (+0.3%)
$5,900 + $57,500
$63,400
2020
$3,509 (+1.6%)
$5,900 + $57,500
$63,400
2019
$3,453 (−26.2%)
$5,900 + $57,500
$63,400
2018
$4,681 (+5.2%)
$5,900 + $57,500
$63,400
2017
$4,450 (+61.9%)
$5,900 + $83,900
$89,800
2016
$2,749 (+0.8%)
$5,900 + $83,900
$89,800
2014
$2,727 (+0.6%)
$6,000 + $41,800
$47,800
2013
$2,711 (+0.6%)
$6,000 + $41,800
$47,800
2012
$2,694 (+2.9%)
$6,000 + $41,800
$47,800
2010
$2,618 (−12.2%)
$6,000 + $41,800
$47,800
2009
$2,983
$6,000 + $41,800
$47,800
Tax history for 281 Spring St
Year
Property tax
Land + Additions
Assessment*
2025
$8,605 (+1.5%)
$5,900 + $140,200
$146,100
2024
$8,475 (+4.2%)
$5,900 + $140,200
$146,100
2023
$8,133 (+135.0%)
$5,900 + $140,200
$146,100
2022
$3,460 (−1.7%)
$5,900 + $57,500
$63,400
2021
$3,521 (+0.3%)
$5,900 + $57,500
$63,400
2020
$3,509 (+1.6%)
$5,900 + $57,500
$63,400
2019
$3,453 (−26.2%)
$5,900 + $57,500
$63,400
2018
$4,681 (+5.2%)
$5,900 + $57,500
$63,400
2017
$4,450 (+61.9%)
$5,900 + $83,900
$89,800
2016
$2,749 (+0.8%)
$5,900 + $83,900
$89,800
2014
$2,727 (+0.6%)
$6,000 + $41,800
$47,800
2013
$2,711 (+0.6%)
$6,000 + $41,800
$47,800
2012
$2,694 (+2.9%)
$6,000 + $41,800
$47,800
2010
$2,618 (−12.2%)
$6,000 + $41,800
$47,800
2009
$2,983
$6,000 + $41,800
$47,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
—
Stories
3
Lot width
22 ft.
Lot depth
120 ft.
Lot size
2,592 Sq. Ft.
Year renovated
—
Sq. Ft.
2,460
Year built
1897
Style
Single Family Residential
County
Mercer County
APN
1102104 00039
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 14, 2026.
Property details
Parking
Parking Information
Public, Free
On Street
Interior
Interior Information
Flooring Type: Wood, Fully Carpeted, Vinyl
Living Area Sq.Ft. Source: Assessor
Basement Information
Basement: Yes
Full, Unfinished
Exterior
Property Information
Total Below Grade Sq. Ft.: 0
Improvement Assessed Value: $57,500
Ownership Interest: Fee Simple
Year Built Source: Assessor
Building Information
# of Units (Total): 3
Construction Materials: Brick
Foundation Details: Stone
Other Structures: Above Grade, Below Grade
Structure Type: Interior Townhouse/Rowhouse
Exterior Information
Sidewalks, Street Lights
Lot Information
Lot Size Dimensions: 21.60 x 120.00
Lot Dimensions Source: Assessor
Tidal Water: No
Land Information
Land Assessed Value: $5,900
Above Grade Information
Finished Sq.Ft.: 2,460
Finished Sq.Ft. Source: Assessor
Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor
Financial
Tax Information
Agricultural Tax Due: No
Tax Assessed Value: $63,400
Tax Year: 2021
Tax Annual Amount: $3,520
Assessments Information
Year Assessed: 2021
Rental Information
Rent Control: No
Utilities
Utilities Information
Cooling Fuel: Electric
60 Amp Service
Forced Air
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Sewer Septic: Public Sewer
Water Source: Public
Location
Multi Unit Information
# of Single Room Units: 1
# of One Bedroom Units: 1
# of Two Bedroom Units: 1
Other Units: Unit 1,Unit 2,Unit 3
School Information
School District Name: TRENTON PUBLIC SCHOOLS
School District Source: Listing Agent
Location Information
Cross Street: PROSPECT ST
Directions: In between Passaic St and Church St, Close to Monument Elementary School.
Municipality: TRENTON CITY
Public facts
Beds: —
Baths: —
Sq. Ft.: 2,460
Stories: 3.0
Lot Size: 2,592 square feet
Style: Single Family Residential
Year Built: 1897
Year Renovated: —
County: Mercer County
APN: 1102104 00039
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
Cadwalader Elementary School
Public K-3 • Assigned • 0.3mi
1/10
Trenton Central High School-9th Grade Academy
Public 9 • Assigned • 0.9mi
1/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 103° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
5/10 Air Factor
6 unhealthy days expected this year, 8 days in 30 years
Provided by First Street
Historical weather
Trenton, NJ • 08618
Average low and high temperatures (°F)
35
22
40
24
58
36
66
44
73
54
84
63
88
69
82
61
78
59
69
47
56
38
41
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.7 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.
8.7 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$321,000 – $388,000
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