$999,999
PENDING

847 Hamilton St Somerset, NJ 08873

Estimated payment $6,372/month

Total Views 840
5 Beds
5 Baths
3,360 Sq Ft
$298 Price per Sq Ft

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.

Listing Agent

John Natale

Real Broker, LLC License #0790719 Listed on: 07/17/2025

Real Broker, LLC

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,185

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Five Family
  • Subdivision Name: None
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 100
  • Location Middle School: Sampson G. Smith
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • SidingBrick: Yes
  • Roof:Shingle3: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.11
  • Waterfront: No
  • Construction Type: Brick

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Hot Water2: Yes

Schools

  • Middle Or Junior School: Sampson G. Smith

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 08-00230-0000-00009
  • Zoning Description: Mixed

Rental Info

  • Tenant Pays: Hot Water, Heat, Gas, Electricity
  • Owner Pays: Hot Water, Snow Removal, Sewer, Garbage Removal

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10185.0
  • Tax Other Annual Assessment Amount: 559000.0

Multi Family

  • Number Of Units Total: 5

MLS Schools

  • High School: Franklin

Map

Range of Values:

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Average Value
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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 $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
Source: Public Records

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
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Deed -- Ctl Title Ins Agency Inc
Not Resolvable $52,992 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $420,000 Purchase Money Mortgage
Source: Public Records

Similar Home in Somerset, NJ

  • 7 Market St, Somerset, NJ 08873

    $799,999

    • 6 Beds
    • 4 Baths
    • 3,660 Sq Ft
    • 7 Market St
    • Somerset, NJ

    This property has fire damage on the right side of the unit, price reflects the value of property post fire. Owner financing available: 50% down at prime, 10 year note.

    JOHN KANABAY WEICHERT REALTORS

    Section Image

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22503853

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 08-00230-0000-00009