261 Highland Ave, Trenton, NJ, 08618
About This Home
Investor Alert! Strong cap rate and annual return opportunity here. This 4 bedroom 1 bathroom with a tenant already in place and generating solid rental income. The property is producing an annual NOI of approximately $14,837.48 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
Car-Dependent
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1909
Materials
- Foundation: Brick/Mortar
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Gas Water Heater
- Laundry features: In Basement
Basement
- Has basement: Yes
- Basement: Full,Unfinished
Bedroom1
- Level: Upper
- Area: 0
- Dimensions: 0 X 0
Bedroom2
- Level: Upper
- Area: 0
- Dimensions: 0 X 0
Bedroom3
- Level: Upper
- Area: 0
- Dimensions: 0 X 0
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 4
Dining Room
- Level: Main
- Area: 0
- Dimensions: 0 X 0
Features
- Flooring: Carpet,Vinyl
- Finished area below ground: 0
- Finished area above ground: 1,400
Heating & Cooling
- Heating features: Radiator,Natural Gas
- Cooling features: None,Natural Gas
Interior Area
- Total structure area: 1,400
- Total interior livable area: 1,400 sqft
Kitchen
- Features: Kitchen - Gas Cooking
- Level: Main
- Area: 0
- Dimensions: 0 X 0
Living Room
- Level: Main
- Area: 0
- Dimensions: 0 X 0
Primary Bedroom
- Level: Upper
- Area: 0
- Dimensions: 0 X 0
Primary Bedroom
- Level: Unspecified
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 110630600004
- 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: 2,200 sqft
- Features: Level
- Lot size dimensions: 22.00 x 100.00
Parking
- Parking features: On Street
- 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
- Strong Wind
- Winter Weather
- Cold Wave
- Earthquake
- Hurricane
- Heat Wave
- Inland Flooding
- Ice Storm
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,036 | $12,432 |
| Home Insurance * | $95 | $1,140 |
| Property Taxes | $367 | $4,404 |
| Electricity | $193 | $2,318 |
| Total | $1,691 | $20,292 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-13 | Price change | $205,000 |
| 2026-07-04 | Listed for sale | $215,000 |
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