179 Brunswick Ave | Trenton, NJ 08618
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- LoopNet Team
179 Brunswick Ave
Trenton, NJ 08618
Cityside I and II · Multifamily Property For Sale
·
231 Units
Investment Highlights
- Cityside Apartments in Trenton, NJ | Capital City of New Jersey | Within 60 Miles of NYC and Philadelphia
- 71 of 108 Buildings are Located in Qualified Census Tract (QCT) | 30% Eligible Basis Boost for Federal LIHTC
- Steady Local Population Growth | Trenton's Population Grew by 5.6% Since 2010 (Census.gov)
- 100% Project-Based Section 8 Subsidy Contracts | 20 Year Extension Under Option 3b in 2012 (Fmr Mod Rehab Project)
- Trenton Apartment Occupancy at All-Time High (98.2%) | Benefitting From Population and Income Growth Driven By Record Low Local Unemployment (3%)
- Strong Projected Growth | Oxford Economics Expects Population Growth in Trenton to Continue Estimating At Least 3,000 New Residents Quarterly Through
Property Facts
| No. Units | 231 | Lot Size | 0.27 AC |
| Property Type | Multifamily | Building Size | 228,554 SF |
| Property Subtype | Apartment | Average Occupancy | 99% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1930 |
| Zoning | IA - Low-Rise Multifamily Residential | ||
| No. Units | 231 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.27 AC |
| Building Size | 228,554 SF |
| Average Occupancy | 99% |
| No. Stories | 2 |
| Year Built | 1930 |
| Zoning | IA - Low-Rise Multifamily Residential |
Amenities
Unit Amenities
- Tile Floors
- Carpet
Site Amenities
- 24 Hour Access
Property Taxes
| Parcel Number | 11-08301-0000-00010 | Improvements Assessment | $720,000 |
| Land Assessment | $640,000 | Total Assessment | $1,360,000 |
Property Taxes
Parcel Number
11-08301-0000-00010
Land Assessment
$640,000
Improvements Assessment
$720,000
Total Assessment
$1,360,000
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