$550,000
UNDER CONTRACT

1501 Old Hamilton St Somerset, NJ 08873

Estimated payment $3,518/month

Total Views 2,999
2 Beds
2 Baths
1,547 Sq Ft
$356 Price per Sq Ft

Highlights

  • 0.9 Acre Lot
  • Combination Dining and Living Room
  • Carpet
  • Attic
  • Wood Burning Fireplace
  • Hot Water Baseboard Heater

About This Home

Nestled on a spacious lot, this charming ranch offers comfortable ranch living with room to grow. The home is full of character, featuring an open layout ideal for everyday living and entertaining. A deck overlooks a large, fenced-in backyard perfect for outdoor enjoyment or future expansion. The full basement adds flexibility for storage or additional space. An excellent opportunity to own a sizable property in a sought-after area sold as-is.

Listing Agent

DENNIS MCGUINNESS

RE/MAX COUNTRY Listed on: 08/01/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,048

Year Built

  • Built in 1951

Lot Details

  • 0.9 Acre Lot
  • Flag Lot
  • Property is zoned R20

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,547 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Carpet
  • Attic

Kitchen

  • Gas Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Basement Storage

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Gas Water Heater
  • Cable TV Available

Community Details

  • See Remarks Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,048

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.9
  • Lot Size: 0.00 x 0.00
  • Ownership: Fee Simple
  • Subdivision Name: See remarks
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1951
  • Special Features: 4224
  • Stories: 1

Interior Features

  • Dining Room Features: Living Dining Combo
  • Room Kitchen Features: Not Eat-in Kitchen
  • Appliances: Dryer, Electric Range/Oven, Gas Range/Oven, Microwave, Refrigerator, Washer, Gas Water Heater
  • Has Basement: Partial, Other Room(s), Storage Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet
  • Interior Amenities: 2 Bedrooms, Kitchen, Attic, Living Room, Bath Full, Bath Second, Dining Room, Unfinished/Other Room, None, Other Room(s)
  • Living Area: 1547
  • Stories: 1

Exterior Features

  • Lot Features: Flag Lot
  • Roof: Asphalt

Utilities

  • Gas Company: Natural Gas
  • Cooling: Window Unit(s)
  • Heating: Baseboard Hotwater
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable TV, Cable Connected, Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 39204
  • Zoning: R20

Tax Info

  • Tax Annual Amount: 7048
  • Tax Year: 2023

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,806 $484,800 $309,200 $175,600
2024 $7,806 $429,400 $309,200 $120,200
2023 $7,048 $365,000 $244,800 $120,200
2022 $6,888 $338,000 $217,800 $120,200
2021 $5,943 $293,000 $172,800 $120,200
2020 $6,430 $284,000 $163,800 $120,200
2019 $6,123 $266,000 $145,800 $120,200
2018 $5,559 $239,000 $118,800 $120,200
2017 $5,578 $239,000 $118,800 $120,200
2016 $5,619 $239,000 $118,800 $120,200
2015 $5,660 $242,400 $118,800 $123,600
2014 $5,580 $242,400 $118,800 $123,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 For Sale $550,000 -- $356 / Sq Ft
Source: All Jersey MLS

Purchase History

Date Type Sale Price Title Company
Deed $215,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $55,453 FHA
Open $274,050 FHA
Closed $337,487 FHA
Closed $86,573 Unknown
Closed $50,000 Stand Alone Second
Closed $172,000 No Value Available
Source: Public Records

Source: All Jersey MLS

MLS Number: 2601801R

All Jersey MLS

APN: 08-00386-01-00005