NOT LISTED FOR SALE

59 Patterson Ave Hamilton Township, NJ 08610

-- Bed
-- Bath
4,037 Sq Ft
10,080 Sq Ft Lot

Last Sold January 17, 2020

Last sale price $369,000 $91 Per Sq Ft

Highlights

  • Open Floorplan
  • Wood Flooring
  • Attic
  • Colonial Architecture
  • Space For Rooms
  • 1 Fireplace

About This Home

As of January 2020

Great Investment opportunity!! Rare 4 Family (Multi unit with garages) in Highly demanded Hamilton TWP. All units have separate electric meters. Tenants pay electric Owner pays heat, water and sewer. Detached Garages and basement storage currently rented at $400 per month. Coin operated Laundry in the basement. First floor left side unit features a big Family room with vaulted ceilings and a fireplace. This Property has a good investor Cap rate and has established tenants. The property is also close to Rt 295, and the Hamilton Train station is just minutes away. Don't miss this opportunity!

Last Agent to Sell the Property

Giovanni Iaccarino

(732) 829-7032 giovanni@opuselitere.com Opus Elite Real Estate of NJ, LLC Listed on: 04/09/2019

Co-Listed By

EDWARD STAWICKI

(609) 647-5272 estawicki@weidel.com Opus Elite Real Estate of NJ, LLC License #8442785

Last Buyer's Agent

Ada Swain

(732) 910-7315 swain.ada@gmail.com CB Schiavone & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,130

Year Built

  • Built in 1900

Lot Details

  • 10,080 Sq Ft Lot
  • Lot Dimensions are 84.00 x 120.00
  • Back and Side Yard

Parking

  • 2 Car Detached Garage
  • 8 Open Parking Spaces
  • Front Facing Garage
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Quadruplex
  • Colonial Architecture
  • Traditional Architecture
  • Dwelling with Rental
  • Brick Foundation
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 4,037 Sq Ft Home
  • Open Floorplan
  • Beamed Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 1 Fireplace
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Stove

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Partially Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Side Exterior Basement Entry
  • Space For Rooms

Outdoor Features

  • Exterior Lighting
  • Porch

Utilities

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

Listing and Financial Details

  • The owner pays for gas, sewer, water
  • Tax Lot 00015
  • Assessor Parcel Number 03-02131-00015

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 3-Story Building

Building Details

  • 1 Vacant Unit
  • Income includes apartment rentals
  • Insurance Expense $2,775
  • Gross Income $58,800
  • Net Operating Income $32,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,130

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Colonial, Dwelling With Rental, Traditional
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: Great Investment opportunity!! Rare 4 Family (Multi unit with garages) in Highly demanded Hamilton TWP. All units have separate electric meters. Tenants pay electric Owner pays heat, water and sewer. Detached Garages and basement storage currently rented at $400 per month. Coin operated Laundry in the basement. First floor left side unit features a big Family room with vaulted ceilings and a fireplace. This Property has a good investor Cap rate and has established tenants. The property is also close to Rt 295, and the Hamilton Train station is just minutes away. Don't miss this opportunity!
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Oven/Range - Electric, Stove, Water Heater
  • Flooring Type: Carpet, Ceramic Tile, Hardwood, Laminated
  • Interior Amenities: Attic, Ceiling Fan(s), Carpet, Exposed Beams, Flat, Floor Plan - Open, Kitchen - Table Space, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Masonry
  • Foundation Details: Block, Brick/Mortar
  • Basement: Yes
  • Basement Type: Walkout Level, Space For Rooms, Side Entrance, Partially Finished, Outside Entrance, Improved, Heated, Full
  • Total Sq Ft: 4037
  • Living Area Sq Ft: 4037
  • Price Per Sq Ft: 98.84
  • Above Grade Finished Sq Ft: 4037
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 57

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Frame, Stucco
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • Roof: Asphalt
  • Spa: No
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 8
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 10
  • Type Of Parking: Driveway, On Street, Off Street, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Electric Service: Circuit Breakers
  • Gas Avg Month: 440.00
  • Gas Prev12 Months: 5280.00
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas, Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Monthly Water Average: 100
  • Water Previous Twelve Months: 1200.00
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: HAMILTON TOWNSHIP
  • School District Key: 300200396172
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 268600.00
  • Land Assessed Value: 43300.00
  • Lot Features: Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.23
  • Lot Dimensions: 84.00 x 120.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10080.00
  • Outdoor Living Structures: Porch(es)
  • Year Assessed: 2018
  • Zoning: RES

Rental Info

  • Ground Rent Exists: No
  • Owner Pays: Gas, Sewer, Water
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 1
  • Gross Scheduled Income: 58800.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 2100458
  • Tax Annual Amount: 10130.00
  • Assessor Parcel Number: 03-02131-00015
  • Tax Lot: 00015
  • Tax Total Finished Sq Ft: 4037
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 01/17/2020

MLS Schools

  • School District Name: HAMILTON TOWNSHIP

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2020 01/17/20 Sold $369,000 -7.5% $91 / Sq Ft
11/15/2019 11/15/19 Pending -- -- --
10/13/2019 10/13/19 Price Changed $399,000 0.0% $99 / Sq Ft
10/13/2019 10/13/19 For Sale $399,000 +8.1% $99 / Sq Ft
10/09/2019 10/09/19 Off Market $369,000 -- --
07/03/2019 07/03/19 For Sale $410,000 0.0% $102 / Sq Ft
06/14/2019 06/14/19 Pending -- -- --
04/09/2019 04/09/19 For Sale $410,000 -- $102 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Giovanni Iaccarino

    Seller's Agent in 2020

    Giovanni Iaccarino

    Opus Elite Real Estate of NJ, LLC

    (732) 829-7032

    3 in this area

    12 Total Sales

    Giovanni Iaccarino
    Section Image
  • EDWARD STAWICKI

    Seller Co-Listing Agent in 2020

    EDWARD STAWICKI

    Opus Elite Real Estate of NJ, LLC

    (609) 647-5272

    8 in this area

    61 Total Sales

    EDWARD STAWICKI
    Section Image
  • Ada Swain

    Buyer's Agent in 2020

    Ada Swain

    CB Schiavone & Associates

    (732) 910-7315

    3 Total Sales

    Ada Swain
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJME276238

Bright MLS
New Jersey Mercer County Hamilton Township 08610

59 Patterson Ave, Hamilton Township, NJ

This home is located at 59 Patterson Ave, Hamilton Township, NJ 08610 since 09 April 2019. This property was built in 1900. 59 Patterson Ave is a home located in Mercer County with nearby schools including Kuser Elementary School, Emily C. Reynolds Middle School, and Steinert - Hamilton High East.

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