847 Hamilton St Somerset, NJ 08873
Estimated payment $6,130/month
About This Home
Investment Opportunity Knocks! Three Residential Apartments plus Two Commercial Stores PLUS the possibility of building on top of the Commercial units in highly sought Somerset. Current rental income of $9000. Many possibilities for this awesome income producing property.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,185
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 50 x 100
Parking
- No Garage
Home Design
- Brick Exterior Construction
- Shingle Roof
Interior Spaces
- 3,360 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Full Bathrooms
Schools
- Sampson G. Smith Middle School
- Franklin High School
Utilities
- Central Air
- Hot Water Heating System
- Natural Gas Water Heater
Community Details
- 5 Units
Listing and Financial Details
- The owner pays for hot water, snow removal, sewer, garbage removal
- Assessor Parcel Number 08-00230-0000-00009
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 | $10,185 | $559,000 | $198,000 | $361,000 |
| 2024 | $10,185 | $559,000 | $198,000 | $361,000 |
| 2023 | $10,845 | $559,000 | $198,000 | $361,000 |
| 2022 | $11,448 | $559,000 | $198,000 | $361,000 |
| 2021 | $12,460 | $559,000 | $198,000 | $361,000 |
| 2020 | $12,784 | $559,000 | $198,000 | $361,000 |
| 2019 | $12,958 | $559,000 | $198,000 | $361,000 |
| 2018 | $13,092 | $559,000 | $198,000 | $361,000 |
| 2017 | $13,142 | $559,000 | $198,000 | $361,000 |
| 2016 | $13,254 | $559,000 | $198,000 | $361,000 |
| 2015 | $13,673 | $559,000 | $198,000 | $361,000 |
| 2014 | $12,969 | $559,000 | $198,000 | $361,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/30/2025 07/30/25 | Pending | -- | -- | -- |
| 07/17/2025 07/17/25 | For Sale | $999,999 | 0.0% | $298 / Sq Ft |
| 03/14/2025 03/14/25 | Pending | -- | -- | -- |
| 03/10/2025 03/10/25 | Price Changed | $999,999 | -16.7% | $298 / Sq Ft |
| 02/12/2025 02/12/25 | For Sale | $1,200,000 | -- | $357 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Deed | -- | None Listed On Document | |
| Deed | -- | Ctl Title Ins Agency Inc | |
| Not Resolvable | $52,992 | First American Title Ins Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $420,000 | Purchase Money Mortgage |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22503853
APN: 08-00230-0000-00009
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