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823 Carteret Ave, Trenton, NJ, 08618

3beds
--baths
2,078sqft
$249,900
$120price/sqft
$2,054/moest. monthly cost
$82,160/yrincome needed

About This Home

INVESTOR SPECIAL! Located in the BOOMING section of West Trenton. This one is a major Cash Producer, once it has been Rehabbed; it should easily produce over excellent cash flow per month in income. Hurry, come a take a good look , before it is GONE. This is strictly a" AS IS WHERE IS" sale, and the buyer is responsible for all inspections, permits and CO certificate from the City of Trenton.

Getting Around

57
WalkingSomewhat Walkable
37
TransitSome Transit
59
BikeBikeable

Schools

Construction

Condition

  • Year built: 1920

Materials

  • Foundation: Brick/Mortar
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Architectural style: A-Frame
  • Property subType: Multi Family

Interior

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 3

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total structure area: 2,078
  • Total interior livable area: 2,078 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 113180100028
  • Zoning: MULTI FAMILY
  • Special condition: Standard

Features

  • Pool features: None

Lot

  • Lot size: 3,123 sqft
  • Lot size dimensions: 25.00 x 125.00

Parking

  • Parking features: On Street,Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Inland Flooding
Strong Wind
Winter Weather
Cold Wave
Hurricane
Heat Wave
Ice Storm
Lightning

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,263$15,156
Home Insurance *$115$1,380
Property Taxes $447$5,364
Electricity $229$2,748
Total$2,054$24,648
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$70,422/yr
40% on housing$61,620/yr
45% on housing$54,773/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -1.8%
-1.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$120This listing

vs Other Active Listings

Avg $/sqft

ZIP 08618$158
Mercer County$276

vs Homes Sold Last Month

Median $/sqft

ZIP 08618$206
Mercer County$281

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-23Listed for sale$249,900
2025-05-06Sold$165,000
2024-07-05Sold$95,000
2005-03-11Sold$80,000
2000-10-26Sold$31,500

For Sale by Agent

AgentReginald Ferguson
BrokerageEKR Realty LLC

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