56-58 Hamilton St Somerville, NJ 08876
Estimated payment $3,496/month
Highlights
- Cooling Available
- Hot Water Heating System
- 5-minute walk to Michael Lepp Park
About This Home
Prime Investment Opportunity in the Heart of Somerville! Seize the chance to own this charming and income-generating two-family duplex in one of Somerville's most desirable neighborhoods. Perfect for investors or owner-occupants looking to offset their mortgage! The first-floor apartment offers 2 spacious bedrooms, 1 full bath, a bright living room, an eat-in kitchen, and a full basement--ideal for additional storage or expansion potential. The second-floor apartment features 2 generous bedrooms, 1 full bath, a comfortable living room, and an inviting eat-in kitchen. Whether you choose to live in one unit and rent the other or expand your investment portfolio, this property presents endless potential. Don't miss out on this rare opportunity to own in a thriving community!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,611
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 45 x 112
Parking
- No Garage
Home Design
- Duplex
- Shingle Roof
- Aluminum Siding
Interior Spaces
- 1,560 Sq Ft Home
- 2-Story Property
- Finished Basement
- Basement Fills Entire Space Under The House
- Stove
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Schools
- Somerville High School
Utilities
- Cooling Available
- Hot Water Heating System
- Natural Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- The owner pays for water
- Assessor Parcel Number 18-00061-01-00018
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,376 | $186,600 | $61,900 | $124,700 |
| 2024 | $7,376 | $186,600 | $61,900 | $124,700 |
| 2023 | $7,206 | $186,600 | $61,900 | $124,700 |
| 2022 | $7,018 | $186,600 | $61,900 | $124,700 |
| 2021 | $6,973 | $186,600 | $61,900 | $124,700 |
| 2020 | $6,830 | $186,600 | $61,900 | $124,700 |
| 2019 | $6,783 | $186,600 | $61,900 | $124,700 |
| 2018 | $6,710 | $186,600 | $61,900 | $124,700 |
| 2017 | $6,572 | $186,600 | $61,900 | $124,700 |
| 2016 | $6,305 | $186,600 | $61,900 | $124,700 |
| 2015 | $6,221 | $186,600 | $61,900 | $124,700 |
| 2014 | $6,122 | $186,600 | $61,900 | $124,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/16/2026 03/16/26 | Price Changed | $550,000 | -4.3% | $353 / Sq Ft |
| 02/20/2026 02/20/26 | For Sale | $575,000 | -- | $369 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Old Republic Title | |
| Deed | $255,000 | Old Republic Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $280,000 | New Conventional | |
| Previous Owner | $50,000 | No Value Available | |
| Previous Owner | $200,000 | Commercial |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22604538
APN: 18-00061-01-00018
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Ask me questions while you tour the home.