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6 Peace St, Trenton, NJ, 08608

3beds
2baths
19,998sqft
$260,000
$13price/sqft
$4,220/moest. monthly cost
$168,800/yrincome needed

About This Home

Attention Investors: Turnkey, cash-flowing multi-family opportunity!This solid brick, two-family property is in excellent condition with no known repairs needed a truly low-maintenance addition to your portfolio. refreshed in 2023. Located just steps away form the state building. The building boasts hardwood floors throughout and is fully occupied by outstanding, current tenants.Unit 1: A comfortable first-floor, 1-bedroom, 1-bathroom layout featuring exclusive access to a private backyard.Unit 2: A spacious, multi-level unit spanning the second and third floors. It features an eat-in kitchen, a large bathroom, and a generous living room accented with built-in shelves. The top floor houses two nice-sized bedroomsThe property includes a full, unfished basement. Tenants pay for their own electric, while the owner covers heat and water. With reliable rental income already in place, this building is ready to generate revenue from day one!

Getting Around

88
WalkingVery Walkable
55
TransitGood Transit
66
BikeBikeable

Schools

Construction

Condition

  • Year built: 1887

Materials

  • Roof: Flat
  • Construction materials: Brick

Notable Dates

  • Major remodel year: 2023

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Yes,Full,Unfinished

Bedrooms & Bathrooms

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

Features

  • Bedrooms,Eat-In Kitchen,Kitchen,Living Room

Heating

  • Heating features: Baseboard - Electric,Oil Tank Above Ground - Inside

Interior Area

  • Total structure area: 19,998
  • Total interior livable area: 19,998 sqft

Property

Details

  • Parcel number: 2011001080000000140000

Features

  • Levels: 3-Three Story
  • Stories: 3

Lot

  • Lot size: 871.20 sqft
  • Lot size dimensions: 17.5 x 60

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 FloodingVery High
  • Strong Wind
    Strong WindVery High
  • Hurricane
    HurricaneRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

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

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 $1,314$15,768
Home Insurance *$237$2,844
Property Taxes $465$5,580
Electricity $2,204$26,453
Total$4,220$50,640
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$144,685/yr
40% on housing$126,600/yr
45% on housing$112,533/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

$13This listing

vs Other Active Listings

Avg $/sqft

ZIP 08608$141
Mercer County$276

vs Homes Sold Last Month

Median $/sqft

ZIP 08608$97
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
2026-05-08Price change$260,000
2026-04-23Price change$280,000
2026-04-09Listed for sale$330,000
2020-02-15Listing removed$125,000
2020-02-07Listed for sale$125,000
2018-02-05Sold$89,000
2017-09-20Listing removed$99,000
2017-06-19Listed for sale$99,000
2016-01-22Listing removed$850
2016-01-12Listed for rent$850
2015-01-01Listing removed$95,000
2014-01-10Listed for sale$95,000
2013-08-23Listing removed$100,000
2013-01-23Listed for sale$100,000
2012-08-30Listing removed$100,000
2012-03-02Listed for sale$100,000
2011-12-01Listing removed$109,000
2011-04-27Listed for sale$109,000
2010-08-03Listing removed$120,000
2010-02-18Listed for sale$120,000
2002-09-16Sold$50,000

For Sale by Agent

AgentAmanda Howard
BrokerageBhhs Fox & Roach

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