$574,000

56-58 Hamilton St Somerville, NJ 08876

Estimated payment $3,794/month

Total Views 12,175
4 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Attached Carport
  • Private Driveway
  • 5-minute walk to Michael Lepp Park
  • Somerville High School Rated A-

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 finished 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!

Listing Agent

John Natale

REAL Brokerage Phone: 732-757-7251 Listed on: 03/03/2025

REAL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,376

Year Built

  • Built in 1900

Parking

  • 2 Car Garage
  • Attached Carport
  • Private Driveway

Home Design

  • Aluminum Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Radiator
  • Standard Electricity
  • Gas Water Heater

Additional Features

  • Basement Fills Entire Space Under The House
  • 5,227 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 2718-00061-0001-00018-0000-
  • Tax Block *

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,376

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Unit Style: Duplex-Side by Side
  • Year Built: 1900
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 56-58
  • Directions: Veterans Memorial Dr E to Hamilton St
  • I D: 5341574
  • Modified: 2025-07-16
  • Number Images: 1
  • Attribution Contact: 732-757-7251
  • MLS Status: Active
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Number Rooms: 10
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Full

Exterior Features

  • Exterior Description: Aluminum Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Carport-Attached
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: Driveway-Exclusive

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 45X112
  • Assessed Improvement Value: 124700
  • Assessed Land Value: 61900
  • Assessment: 186600
  • Easement: Unknown
  • Lot Identifier: 18
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.12

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Tax Amount: 7376
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2718-00061-0001-00018-0000-
  • Tax Rate Amount: 3.953
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year Tax: *
  • Tax Year: 2024

Multi Family

  • Total Number Units: 2

Map

Range of Values:

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Average Value
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Sold Price
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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
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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Price Changed $574,000 -8.2% $368 / Sq Ft
06/12/2025 06/12/25 Price Changed $625,000 -3.8% $401 / Sq Ft
04/10/2025 04/10/25 Price Changed $650,000 -3.7% $417 / Sq Ft
03/04/2025 03/04/25 For Sale $675,000 -- $433 / Sq Ft
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Deed -- Old Republic Title
Deed $255,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $280,000 New Conventional
Previous Owner $50,000 Commercial
Previous Owner $200,000 Commercial
Source: Public Records

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Source: Garden State MLS

MLS Number: 3948717

Garden State MLS

APN: 18-00061-01-00018