1031 Exchange Trenton, New Jersey

New Jersey Opportunity Zones

Surrounding submarket Area

Trenton, New Jersey is a part of the Trenton Submarket submarket area, and contains 26 zip codes, including: 08619, 08608, 08690, 08603, 08695, and 08602.

Trenton Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Trenton, NJ submarket area was $1,141, which is 9.29% lower than 2014 average rent. This represents a compounded annual growth rate of 1.79%. 2019 vacancy in Trenton, NJ was 2.40%.

The total population of the city of Trenton, NJ has decreased 1.11% since 2010. As of 2018, the population was 83,974. The median household income of the Trenton was $35,387, which is 41.31% lower than the national average.

  • submarket area Trenton Submarket
  • avg rent $1,141
  • rent growth 9.29%
  • vacancy 2.40%
  • median income $35,387
  • population (2018) 83,974
  • population growth -1.11%
  • vs. nat'l avg 41.31%
  • zip codes 08601 08602 08603 08604 08605 08606 08607 08608 08609 08610 08611 08618 08619 08620 08625 08628 08629 08638 08645 08646 08647 08650 08666 08690 08691 08695

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