346 WALNUT AVENUETRENTON, NJ 08609

Multi-Family · 1,176 Sq. ft. | 0.07 Acres
$199,000 ACTIVE

346 WALNUT AVENUE Overview

Time on Site:
11 days
Visits:
0

Investor Special & Duplex Opportunity in Trenton! Attention investors, contractors, and rehabbers! Welcome to 346 Walnut Ave, Trenton, NJ — a duplex with tremendous upside and the potential to be a strong income-producing asset once renovated. This property requires a full rehabilitation and is being offered as-is, making it an ideal project for experienced investors looking to add value through renovation. With two separate units and a layout that lends itself to strong rental demand, this is an opportunity to create significant equity and long-term cash flow. Conveniently located near major roadways, public transportation, shopping, and local amenities, the property offers excellent accessibility for future tenants or owner-occupants. Bring your vision, contractor, and creativity—this is your chance to transform a distressed property into a profitable investment. Whether you're looking for your next fix-and-flip, BRRRR project, or long-term rental addition, 346 Walnut Ave deserves a closer look. Property is being sold strictly as-is. Buyer responsible for all inspections, certifications, and municipal requirements.

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346 WALNUT AVENUE Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,176
  • Price/Sq.ft. $169
  • Lot 0.07 Acres

Details

General

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Pool: No Pool
  • Total SQFT: 1176
  • Year Built: 1920

Location/Region

  • Country: US
  • County: MERCER
  • County Or Parish: MERCER
  • MLS Area Major: Trenton City (21111)

Parking Information

  • Type of Parking: On Street

Tax Information

  • City/Town Tax Payment Frequency: Annually
  • County Tax Payment Frequency: Annually
  • Tax Annual Amount: $2,079.00
  • Tax Assessed Value: 35300.00
  • Tax Year: 2025

General Information

  • Property Sub Type: Duplex
  • Property Type: Multi-Family
  • School District Name: TRENTON PUBLIC SCHOOLS
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2025
  • Zoning: MULTI

Interior

Building Information

  • Cooling Fuel: None
  • Heating Fuel: None

Parking Information

  • Garage: No

Building Exterior/Construction

  • Structure Type: Detached

Building Interior

  • Above Grade Finished Area: 1176
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area: 0
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Central Air: No
  • Hot Water: None

General Information

  • Accessibility Features: None
  • Cooling: None
  • Fireplace: No
  • Foundation Details: Stone
  • Heating: None
  • Living Area: 1176
  • Living Area Source: Assessor
  • Stories Total: 2

Unit Information

  • One Bedroom Units Count: 1
  • Single Room Units Count: 0
  • Three Bedroom Units Count: 0
  • Two Bedroom Units Count: 1

Exterior

Lot Information

  • Lot Dimensions Source: Assessor
  • Lot Size Dimensions: 25.00 x 125.00
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 3123.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Traditional
  • Construction Materials: Brick

General Information

  • Number Of Units Total: 2
  • Other Structures: Above Grade,Below Grade
  • Sewer: Public Sewer
  • Water Access: No

346 WALNUT AVENUE Neighborhood

Community

08609 (TRENTON) Demographics

34
Median Age
9,486
Population Density (per sq. mile)
11%
College Educated
$39,467
Estimated Median Income
1,260
Estimated Total Home Owners
2,956
Estimated Total Renters
30% / 70%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

346 WALNUT AVENUE Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

346 WALNUT AVENUE Market Data

Based on the last 30 days in this zip code

$241,231
Average List Price
$173
Average Price per Square Foot
4
Properties Sold
196
Average Days on Market
24
Properties for Sale
Calculations provided by Reliance Network

346 WALNUT AVENUE History

Date Event Value Agent
6/18/2026Source: BRIGHT MLS Added to Database
June 18, 2026
2/19/2026Source: BRIGHT MLS Status Change
CLOSED
1/12/2026Source: BRIGHT MLS Status Change
TEMP OFF MARKET
12/8/2025Source: BRIGHT MLS Status Change
PENDING
12/1/2025Source: BRIGHT MLS Status Change
ACTIVE UNDER CONTRACT
11/16/2025Source: BRIGHT MLS Price Reduction
$110,000 -8.3%
10/8/2025Source: BRIGHT MLS Added to Database
October 08, 2025
Listing provided courtesy of KW Empower- MLS# NJME2079264MLS ProviderContact Information: [email protected] - 2156273500