431 Martin Luther King Jr Bl #2, Trenton, NJ, 08618
About This Home
Calling all investors, developers, and entrepreneurs 431 Martin Luther King Jr. Blvd. presents a prime mixed-use property in the heart of Trenton, offering both commercial and residential potential under one roof. This vacant building currently features a commercial storefront on the main level with residential space above, making it an ideal opportunity for those looking to renovate, reposition, and add long-term value. Whether you're planning to operate your own business on the ground floor or lease to a commercial tenant, the flexible layout offers plenty of possibilities. The upper residential unit(s) can be transformed into income-generating apartments or used for owner occupancy. The property needs full rehab, but with the right vision and updates, it could become a standout asset in a growing urban market. Located in a high-visibility corridor with consistent foot and vehicle traffic, and within close proximity to government buildings, retail, schools, and public transit this is a location with serious upside. Ideal for a fix-and-hold strategy, retail/residential redevelopment, or cash-flow conversion this is your chance to make a power move in Trenton.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Materials
- Roof: See Remarks
- Construction materials: See Remarks
Type & Style
- Home type: Apartment
- Property subType: Apartment
Interior
Basement
- Has basement: Yes
- Basement: Yes,Unfinished
Bedrooms & Bathrooms
- Bathrooms: 2
Features
- Door features: Max Door Height: 0
Heating & Cooling
- Heating features: 1 Unit,See Remarks
- Cooling features: See Remarks
Interior Area
- Total structure area: 0
Property
Details
- Attached to another structure: Yes
- Zoning description: mix use
- Other equipment: See Remarks
Features
- Stories: 2
Lot
- Lot size: 2,479 sqft
- Features: See Remarks
- Lot size dimensions: 18.5 x 134
Parking
- Parking features: See Remarks
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 | $1,264 | $15,168 |
| Home Insurance * | $115 | $1,380 |
| Property Taxes | $447 | $5,364 |
| Electricity | $193 | $2,318 |
| Total | $2,019 | $24,228 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-12-19 | Listed for sale | $250,000 |
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