171 Jersey StTrenton, NJ 08611

  • Commercial real estate
  • 89,280 SF
For Lease
$13.50/SF/YR View listing

Property Details for 171 Jersey St

Year built
1950
Lot size
3.16 AC
Property size (Sq ft)
89,280 SF
Property type
Commercial real estate
APN
11 18101-0000-00008
APU
1118101000000008

Description

This exceptional multi-tenant industrial property, located in Trenton's Urban Enterprise Zone, offers a diverse range of warehouse and office spaces immediately available for lease. The property comprises five buildings totaling 450,000 square feet, with a minimum divisible space of 7,000 square feet and a maximum contiguous space of 57,000 square feet. Currently, 164,679 square feet are vacant, presenting a significant opportunity for businesses seeking flexible and adaptable space. Building features include 22-foot ceiling heights, ample loading docks (5 total), and extensive on-site parking (1,395 spaces) within a fenced area. Specific available spaces include a 12,972 square foot first-floor office and a 15,000 square foot second-floor office in Building 3-A; a 40,000 square foot warehouse with 20-foot clear height and 4 loading docks in Building 36, along with 12,000 square feet of adjacent office space; and 29,000 square feet of contiguous warehouse/office/flex space in Buildings 6 and 7. The property benefits from on-site management, 24-hour maintenance, fiber optic availability, public water and sewer, and comprehensive fire protection. Its strategic location offers easy access to major transportation arteries, including Route 129, I-195, I-295, the New Jersey Turnpike (10 minutes to exit 7A), US-1, and Routes 29 and 206. Furthermore, it enjoys proximity to downtown Trenton (5-minute walk), the Riverline light rail (5-minute walk), bus lines (0.3 miles), and the Northeast Corridor train line (1 mile). The Urban Enterprise Zone designation provides access to economic incentives. This property is a Class C building constructed in 2000, featuring two stories across five buildings.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $16,895,268
    Hospitality
    $15,475,975
    Educational
    $12,875,829
    Medical
    $13,318,649
    Retail
    $20,029,068

Location Insight

City
Trenton
County
Mercer
State
New Jersey
Latitude
40.2029
Longitude
-74.7523
CBSA code
45940
CBSA name
TRENTON-EWING, NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$233,898
$1,458,200
$2,743,300
$4,201,500
-
$1,458,200
$2,743,300
$4,201,500

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