74 Parker AveTrenton, NJ 08609

  • Commercial real estate
  • 9,606 SF

Property Details for 74 Parker Ave

Year built
1950
Construction
BRICK
Lot size
0.29 AC
Property size (Sq ft)
9,606 SF
Property type
Commercial real estate
APN
11 25701-0000-00001
APU
1125701000000001

Description

This exceptional Trenton, NJ industrial portfolio offers a unique investment opportunity. The portfolio comprises multiple warehouse buildings totaling 222,500 to 1,528,900 square feet across a combined 3.38 acres (divisible parcels available). Key features include a 22,500 square foot office and mechanic shop situated on a 1.5-acre lot, and an additional building at 7-31 Parker Ave. The properties boast 13 total drive-in bays, with average ceiling heights ranging from 14 to 16 feet. Existing licenses encompass junkyard, auto body, used vehicle dealership, and towing yard operations. Strategically located 2.7 miles from US Route 1 and 4.8 miles from I-295, this portfolio offers convenient access to major transportation arteries. Building amenities include an 8,000 square foot cross dock, four drive-in bays with 14-foot clear height, an adjacent parking lot (approximately 10,000 square feet), and heavy power (440a/220v 3p 4w). The properties are zoned IA and feature a two-story warehouse with 11,000 square feet. This portfolio presents a rare opportunity to acquire established industrial properties with diverse operational capabilities in a prime Trenton location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,817,831
    Hospitality
    $1,665,123
    Educational
    $1,385,363
    Medical
    $1,433,008
    Retail
    $2,155,009

Location Insight

City
Trenton
County
Mercer
State
New Jersey
Latitude
40.2294
Longitude
-74.7391
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
2022
$13,841
$109,100
$144,500
$253,600
-
$109,100
$144,500
$253,600

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