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199 Passaic St, Trenton, NJ, 08618

3beds
2baths
1,290sqft
$205,000
$159price/sqft
$1,691/moest. monthly cost
$67,640/yrincome needed

About This Home

Investor Alert! Strong cap rate and annual return opportunity here. This 3 bedroom 2 bathroom with a tenant already in place and generating solid rental income. The property is producing an annual NOI of approximately $13,136 making it an attractive addition to an investment portfolio. Bring your finishing touches and unlock even more potential. With routine upkeep. This income-producing rental is positioned to help you generate consistent monthly cash flow. This property is being sold as part of a larger portfolio with multiple locations throughout New Jersey. Buyers may be eligible for a discount when purchasing more than one property or acquiring the portfolio as a package deal. The seller can also offer creative financing options, including the potential to take over the existing mortgage on these properties. Ask about it before or after your tour. This unit is located in a ever increasing , convenient area near local parks, eateries, and entertainment to enjoy from Philadelphia and New Jersey, This rental offers both investment appeal and stable long-term tenants that need housing. The seller is selling AS IS. All units are up to date with TWP CO's and housing where necessary. Seller would like the buyer to use his title company to purchase. Buyer responsible for their own Due Diligence before purchase. Don’t miss this opportunity—schedule your showing today!

Getting Around

62
WalkingSomewhat Walkable
46
TransitSome Transit
70
BikeVery Bikeable

Schools

Construction

Condition

  • Year built: 1920

Materials

  • Foundation: Brick/Mortar
  • Roof: Flat
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Full

Bedroom1

  • Level: Upper
  • Area: 0
  • Dimensions: 0 X 0

Bedroom2

  • Level: Upper
  • Area: 0
  • Dimensions: 0 X 0

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: Main
  • Area: 0
  • Dimensions: 0 X 0

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,290

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 1,290
  • Total interior livable area: 1,290 sqft

Kitchen

  • Level: Main
  • Area: 0
  • Dimensions: 0 X 0

Living Room

  • Level: Main
  • Area: 0
  • Dimensions: 0 X 0

Primary Bedroom

  • Level: Unspecified

Primary Bedroom

  • Level: Upper
  • Area: 0
  • Dimensions: 0 X 0

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 1100019 B00270
  • Attached to another structure: Yes
  • Zoning: RES
  • Special condition: Standard
  • Exclusions: Tenant's Personal Property

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 1,306 sqft
  • Lot size dimensions: 16.30 x 80.00

Parking

  • Parking features: None

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 FloodingRelatively 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 $1,036$12,432
Home Insurance *$95$1,140
Property Taxes $367$4,404
Electricity $193$2,318
Total$1,691$20,292
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$57,977/yr
40% on housing$50,730/yr
45% on housing$45,093/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

$159This 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
2026-07-13Price change$205,000
2026-07-04Listed for sale$215,000
2023-03-31Sold$80,000
2023-02-21Pending sale$95,000
2022-10-11Listed for sale$95,000
2015-08-14Sold$9,100
2006-05-01Sold$62,500
2003-11-17Sold$53,797
2002-04-30Sold$40,000
2001-01-24Sold$8,500

For Sale by Agent

AgentCarol Terrell
BrokerageKeller Williams - Main Street

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