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427 Home Ave, Trenton, NJ, 08611

3beds
1baths
1,008sqft
$244,900
$243price/sqft
$2,076/moest. monthly cost
$83,040/yrincome needed

About This Home

Calling all serious investors in the Greater Trenton area. Hurry, come and take a quick look, because it will not last very long. Its price to Sell. Situated in the Chestnut Park area. Location, Location , Location.The property is in excellent condition, and it has an open and spacious layout. It has hardwood floors throughout, and it features: 3 bedrooms, living room, dining room, full bathroom, a modern updated kitchen, and a full basement with lots of storage space. The taxes are very low ; idea for investors seeking outstanding returns. Once occupied, this money producing Gem will easily produce $2,500.00 -$2700.00 per month in rental income.

Getting Around

75
WalkingVery Walkable
43
TransitSome Transit
55
BikeBikeable

Schools

Construction

Condition

  • Year built: 1927

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Full bathrooms: 1

Property

Lot

  • Lot size: 1,390 sqft

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

How This Home’s Risks Compare

Strong Wind
Winter Weather
Cold Wave
Hurricane
Heat Wave
Inland Flooding
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 $1,238$14,856
Home Insurance *$207$2,484
Property Taxes $438$5,256
Electricity $193$2,318
Total$2,076$24,912
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$71,177/yr
40% on housing$62,280/yr
45% on housing$55,360/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

$243This listing

vs Other Active Listings

Avg $/sqft

ZIP 08611$146
Mercer County$276

vs Homes Sold Last Month

Median $/sqft

ZIP 08611$126
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

No price history available

For Sale by Agent

AgentReginald Ferguson
BrokerageEKR Realty LLC

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