27 Kent St · Trenton, NJ 08611

$249,999

4 bd · 0.0 ba · 1,412 sqft · SingleFamily public records · 6 Days on market

Built 1901 1,680 sqft lot Est $345k · 27% under

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +16.1/30.0
• ARV discount +15.0/15.0
• DSCR +5.0/10.0
• 1% rule +4.8/10.0
• Livability +3.8/5.0
• Rent growth +3.7/5.0
• Condition / age +2.5/5.0
• Schools +0.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Updated 2-family brick home just waiting for the savvy home buyer who wants to live mortgage free. Live in one unit and rent the other or investor looking to add to their portfolio. Fully rented with current tenants wanting to stay is possible. Both units are on month-to-month so you have the option to set your own price. Current rents are under market value. 1st Floor 1 - 2 bedrooms/1 bath large rooms, hardwood floors new kitchen floor and updated bathroom Rent: $850.00 2nd Floor 2 bedrooms/1 bath hardwood floors, large eat-in kitchen with lots of cabinets and new floor Rent: $900.00

Key facts

• 1,680 sq ft lot
• Built 1901
• Listed 6 days

Property features AI

Finance

• Other: Estimated above-grade finished area
• Financial info: Month-to-month existing lease; Two total units (1 vacant, 1 leased); One unit month-to-month

Exterior

• Parking: On-street parking
• Utilities: Public water; Public sewer; Electric available; Natural gas available; Cable TV available; Phone available
• Home design: Semi-detached property; 3 stories; Fee simple ownership; Very good condition; Major renovation in 2021 (effective year); Brick construction
• Construction: Brick/mortar foundation; Shingle roof; Above-grade and below-grade structures
• Exterior features: Exterior lighting; Sidewalks; Street lights; Rear yard

Interior

• Kitchen: Refrigerator; Stove
• Bedrooms: One 1-bedroom unit; Two 2-bedroom units
• Flooring: Wood flooring; Tile or brick flooring; Vinyl flooring
• Heating & cooling: Radiator heat; Natural gas heating; Natural gas hot water
• Interior features: Estimated living area; Unfinished basement

🏷️ Possibly a rental listed for sale. The $249,999 price doesn't fit this home's estimated sale value (~$344,528) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 4-bed/?-bath single-family listed at $250k.

Deal economics

• At list price, monthly cash flow is $127 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $245k (1.8% below list).
• Recommended offer: $245k (1.8% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 76/100 on livability (#133 in NJ, #3,533 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, health & safety A+; Watch: crime F, employment F.
• Trenton Public School District (urban): math 2% / reading 16% proficiency, ranked #471 of 472 in NJ (top 100%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 80% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Washington Elementary School (math 0% / reading 11%, grade F, #1,291 of 1,303 statewide, top 99%, 289 students, 65% FRL); Dunn Middle School (math 2% / reading 19%, grade F, #424 of 431 statewide, top 98%, 670 students, 60% FRL); Trenton Central High School - Main Campus (math 2% / reading 10%, grade F, #396 of 399 statewide, top 99%, 2,255 students, 56% FRL) — zoned schools average 60% FRL vs 80% district-wide (20 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents rising fast (+4.7%/yr); 84 active listings in the ZIP; 23 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 2,256 units permitted in Mercer County in 2024 (1,303 in 5+ unit buildings).
• At $2,454/mo this rent would consume 52% of the median local household income ($57k/yr) (locally 2147% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• Mercer County population projected at +4% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 27y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $190k; 32% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1901 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $245,426 (1.8% below list)

Questions for the listing agent

1. Built in 1901 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.98% ✗
• Cap rate: 6.90%
• Cash-on-cash: 2.17%
• DSCR: 1.10
• GRM: 8.5

CMA / ARV

• ARV (on-the-fly): $344,528
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
156 Kent St	0.13mi	3/1.0 (-1)	1,470 (+4%)	0mo	$208,000	$141	78
825 Lyndale Ave	0.60mi	4/1.5	1,443 (+2%)	1mo	$360,000	$249	61
307 Commonwealth Ave	0.34mi	3/1.0 (-1)	1,480 (+5%)	8mo	$275,000	$186	61
326 Tindall Ave	0.67mi	3/1.0 (-1)	1,411 (-0%)	2mo	$365,000	$259	58
877 Park Ave	0.68mi	3/2.0 (-1)	1,406 (-0%)	7mo	$320,000	$228	49
1521 S Clinton Ave	0.73mi	4/1.5	1,348 (-4%)	6mo	$208,000	$154	48
1040 Melrose Ave	0.64mi	3/1.0 (-1)	1,344 (-5%)	7mo	$225,000	$167	48
121 Hutchinson St	0.62mi	3/1.0 (-1)	1,344 (-5%)	11mo	$376,000	$280	45
323 Hutchinson St	0.72mi	4/2.0	1,521 (+8%)	9mo	$419,500	$276	38
1027 Chambers St	0.49mi	3/1.5 (-1)	1,246 (-12%)	11mo	$205,000	$165	38
872 Revere Ave	0.48mi	3/1.0 (-1)	1,200 (-15%)	8mo	$293,000	$244	37
206 E Franklin St	0.67mi	3/2.5 (-1)	1,584 (+12%)	8mo	$395,000	$249	27

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 4.71% rent growth · sell at horizon

5-year hold

• IRR: -10.8%
• Equity multiple: 0.60×
• Total profit: $-28,064
• Equity at exit: $37,276

10-year hold

• IRR: 0.9%
• Equity multiple: 1.07×
• Total profit: $4,554
• Equity at exit: $21,615

Cash invested: $70,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 21 Tenant-Leaning
• State New Jersey: 21 Tenant-Leaning · D+6
• County: — inherits STATE
• City: — inherits STATE

Anti-eviction Act requires just-cause statewide; rent control in 100+ municipalities; one of the most tenant-friendly states.

Methodology + full state rankings →

ZIP-level market 08611

• Rents YoY: 4.7%
• Active inventory: 84
• Price-to-rent: 8.5×

Monthly cashflow live

• Estimated rent: $2,454 high
• Mortgage (P&I): −$1,311
• Tax from tax record: −$397 /mo · $4,765/yr
• Insurance: −$104
• HOA: −$0
• Vacancy / Maint / Mgmt: −$515
• Net cashflow: $127

Break-even live

Break-even rent $2,294

Max offer price $249,999

Occupancy floor 90%

Sensitivity live

Price	-10% $268	-5% $197	+0% $127	+5% $56	+10% $-15
Rent	-10% $-67	-5% $30	+0% $127	+5% $224	+10% $320
Rate	-1.0pp $252	-0.5pp $190	base $127	+0.5pp $62	+1.0pp $-4

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $62,500
• Closing costs: $7,500
• Reserves months: —
• Total cash needed: —

Rent comps 23 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
635 Chambers St Trenton, NJ	4.0	2.0	1312	$2,500	$1.91	15d	1	0.24mi
121 Columbus Ave Trenton, NJ	3.0	1.0	1050	$1,900	$1.81	23d	1	0.37mi
705 Anderson St Trenton, NJ	3.0	1.0	1132	$1,800	$1.59	15d	1	0.47mi
234 Walnut Ave Trenton, NJ	4.0	1.0	1480	$2,200	$1.49	23d	1	0.58mi
1103 Division St Trenton, NJ	4.0	1.0	1296	$2,000	$1.54	23d	1	0.59mi
239 Ardmore Ave Trenton, NJ	4.0	2.0	1665	$2,750	$1.65	23d	1	0.64mi
417 Walnut Ave Trenton, NJ	3.0	1.0	992	$2,050	$2.07	23d	1	0.72mi
234 Howell St Trenton, NJ	3.0	3.0	1656	$3,600	$2.17	23d	1	0.75mi
313 Home Ave Trenton, NJ	3.0	1.0	1112	$2,100	$1.89	15d	1	0.77mi
1049 Genesee St Trenton, NJ	3.0	1.0	1270	$2,300	$1.81	23d	1	0.87mi
42 Grant St Trenton, NJ	4.0	1.0	1000	$2,000	$2.00	15d	1	0.88mi
1132 Genesee St Unit 1132 Trenton, NJ	3.0	1.0	1198	$2,500	$2.09	23d	1	0.91mi
233 Virginia Ave Trenton, NJ	3.0	1.0	1302	$2,500	$1.92	14d	1	0.91mi
1165 E State St Trenton, NJ	3.0	1.0	900	$1,749	$1.94	15d	1	0.92mi
244 Jersey St Trenton, NJ	3.0	1.5	1368	$2,300	$1.68	15d	1	0.93mi
428 Cleveland Ave Trenton, NJ	4.0	2.0	1400	$2,500	$1.79	23d	1	0.94mi
547 Centre St Trenton, NJ	3.0	1.0	1060	$1,850	$1.75	23d	1	0.94mi
125 Olive St Trenton, NJ	2.0–3.0	1.0–1.5	896	$1,392	$1.55	23d	1	1.02mi
219 Woodlawn Ave Trenton, NJ	3.0	1.0	1456	$2,355	$1.62	15d	1	1.08mi
134 Old Rose St Trenton, NJ	4.0	2.0	1212	$2,300	$1.90	23d	1	1.19mi
340 Connecticut Ave Unit 2 Hamilton Township, NJ	3.0	1.0	1400	$2,850	$2.04	15d	1	1.21mi
21 Bellevue Ave Trenton, NJ	3.0	2.0	1740	$2,400	$1.38	45d	1	1.41mi
117 Park Ave Morrisville, PA	3.0	2.0	1396	$3,200	$2.29	14d	1	1.42mi

Listing history 7 events

1. 2026-06-18
   status $249,999 Pending 6 DOM
2. 2026-06-14
   status $249,999 Active Under Contract 6 DOM
3. 2026-06-10
   days on market $249,999 Active 6 DOM
4. 2026-06-09
   days on market $249,999 Active 5 DOM
5. 2026-06-08
   days on market $249,999 Active 4 DOM
6. 2026-06-07
   remarks 693-char remark
7. 2026-06-07
   listed $249,999 Active 3 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast NJ · Partial reset (capped growth)

• Current annual tax: $4,765 · $397/mo
• Projected year-2 tax: $5,495 · $458/mo
• Expected delta: +$730/yr (+$61/mo · 15.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥102°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 6 unhealthy d/yr today · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $29,451
• − Mortgage interest: −$14,004
• − Property taxes: −$4,765
• − Insurance: −$1,250
• − Repairs & maintenance: −$2,356
• − Management: −$2,356
• − Depreciation: −$7,273
• Taxable loss: −$2,553
• Est. tax savings @ 24.0%: +$613
• After-tax cash flow: $2,132/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Trenton Public School District
• NCES district ID: 3416290
• Math proficiency: 2% ▼ -8.00%
• Reading proficiency: 16% ▼ -4.00%
• Median HH income: $35,078
• Composite: 7.31/100
• National rank: #9956
• State rank: #471 of 472 in NJ

Livability — Trenton

• Score: 76/100
• State rank: #133
• US rank: #3533

Category grades

Amenities A+ Commute A+ Cost of living B+ Crime F Employment F Housing A- Health & safety A+ User ratings C-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Trenton, NJ
• County: Mercer County · 327,655 people
• City population: 177,819
• Metro: Trenton-Princeton, NJ
• Population (ZIP): 31,995
• Household income: $56,788
• Rent vs Own: 61.0% rent · 39.0% own
• Severe rent burden: 2147.0

Population outlook (Mercer County) Hauer SSP2

• Today (2025): 381,395 people
• By 2030: 384,640 · +0.9%
• By 2040: 391,431 · +2.6%
• By 2050: 397,845 · +4.3%
• By 2075: 417,281 · +9.4%
• By 2100: 420,327 · +10.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: Hispanic / Latino 62% Black 20% Two or more races 18% White 14% Native American 4%
• Hispanic origin (detail): Mexican 2% Puerto Rican 12% Dominican 8%
• Common ancestry: Romanian 2% Swiss 1% Hispanic 1%
• Foreign-born: 37% · Canada, Jamaica, Guatemala
• Languages at home: 41% English-only · Spanish 57% French/Haitian/Cajun 2%

Political lean MEDSL · Mercer

• 2024 margin: Solid D (+33.9) · D 65.9% · R 32.0% · Other 2.1%
• 2008→2024 swing: -2.2pp toward R · 2008: 36.1pp · 2024: 33.9pp
• All cycles: 2024: D+33.9 2020: D+40.0 2016: D+36.2 2012: D+36.8 2008: D+36.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -267.62%
• Current HPI: 276.5427
• Rent YoY: ▲ 4.71%
• Metro: Trenton-Princeton, NJ
• State GDP YoY: ▲ 2.05%
• F500 in state: 34

Industry mix (Fortune 500 HQ in NJ)

Industry	F500 HQs	Revenue
▸Consumer Goods	3	$31B
▸Pharmaceuticals	2	$153B
▸Technology	2	$21B
▸Insurance	2	$20B
▸Healthcare	2	$19B
▸Financial Services	1	$70B

Price history

+290.6% since first listed

12 events — show timeline

• 2026-06-05 Listed $249,999 BRIGHT MLS
• 2026-06-03 Coming Soon $249,999 BRIGHT MLS
• 2023-01-13 Sold (Public Records) $190,000 Public Records
• 2022-12-16 Sold (MLS) $190,000 BRIGHT MLS
• 2022-12-02 Contingent — BRIGHT MLS
• 2022-09-20 Price Changed $195,777 BRIGHT MLS
• 2022-08-30 Listed $205,777 BRIGHT MLS
• 2001-01-06 Sold (Public Records) $65,000 Public Records
• 2000-02-07 Sold (Public Records) $64,000 Public Records
• 2000-01-24 Sold (MLS) $64,000 BRIGHT MLS
• 1999-11-23 Listing Removed — BRIGHT MLS
• 1999-10-21 Listed $64,000 BRIGHT MLS

Property tax history

+2.5%/yr

Latest (2025): $4,765 · +1.5% YoY. Source: county tax records.