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Clinton Lofts 200 Hamilton Ave 30 Unit Apartment Building $9,800,000 ($326,667/Unit) Trenton, NJ 08609



Investment Highlights
- 30-year tax abatement in place, significantly reducing operational costs.
- Full electrical utilities and individual tenant metering for optimized property efficiency.
- Mixed-use component with commercial space creating additional income diversification
- Modern amenities including air conditioning, picnic area, 24-hour access, and complete fire safety systems.
- Attractive unit mix with spacious one- and two-bedroom layouts
- 7-minute walk to the NJ Transit River Line
Executive Summary
Clinton Lofts represents a rare opportunity to acquire a newly constructed, income-generating asset in the historic core of Trenton. This Class B, three-story property offers 30 modern apartment units paired with a ground-floor commercial suite designed for supplemental retail or service income. The property benefits from a 30-year tax abatement, reducing operating expenses significantly, and is positioned within a designated Opportunity Zone, creating potential tax incentives for investors seeking long-term capital appreciation. The residential component consists of a well-balanced mix of one- and two-bedroom layouts, each unit offering air conditioning, full kitchens with modern appliances, and thoughtful finishes to meet contemporary demands. Tenants are individually metered for utilities, promoting efficiency and minimizing owner exposure. On-site amenities include a picnic area, walk-up access, smoke detection systems, and around-the-clock building accessibility, all supporting tenant retention and satisfaction.
Property Facts
| Price | $9,800,000 | Building Class | B |
| Price Per Unit | $326,667 | Building Size | 30,000 SF |
| Sale Type | Investment | No. Stories | 3 |
| No. Units | 30 | Year Built | 2025 |
| Property Type | Multifamily | Parking Ratio | 0.7/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise |
| Price | $9,800,000 |
| Price Per Unit | $326,667 |
| Sale Type | Investment |
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Building Size | 30,000 SF |
| No. Stories | 3 |
| Year Built | 2025 |
| Parking Ratio | 0.7/1,000 SF |
| Opportunity Zone |
Yes |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Range
- Freezer
Site Amenities
- 24 Hour Access
- Picnic Area
- Recycling
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 590 - 650 |
| 2+1 | 13 | - | 818 |
| 2+1.5 | 13 | - | 1,153 |
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Very walkable
80/100
Exceptionally drivable
90/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 11-13703-0000-00018 | Improvements Assessment | $0 |
| Land Assessment | $114,600 | Total Assessment | $114,600 |
Property Taxes
Parcel Number
11-13703-0000-00018
Land Assessment
$114,600
Improvements Assessment
$0
Total Assessment
$114,600
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Clinton Lofts | 200 Hamilton Ave
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