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15 Hamilton Drive, Somers Point, NJ 08244
$326,000
15 Hamilton Drive, Somers Point, NJ 08244View this property at 15 Hamilton Drive, Somers Point, NJ 08244
15 Hamilton DriveSomers PointNJ08244
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Property Description
Multiple offers received. Highest and best by 5pm Friday 9/15. *AFFORDABLE LIVING IN SOMERS POINT* - DUPLEX, 2 BEDROOM 1 BATH Rent prices are extreme and won't be changing any time soon. The solution?Purchase a duplex and live in one unit, rent out the other. Take a look at this side-by-side rancher on a quiet street in popular Somers Point. Unit A is vacant and move-in ready - 2 bedrooms, 1 bath and newly renovated. The other unit has an identical layout and is occupied by a long-term tenant for $1500 a month (who always pays on time). Enjoy a fenced in yard, off-street parking, in-unit laundry, dishwasher, gas heat, central A/C, and more. *INVESTORS - POTENTIAL 9-10% CAP RATE* - Tenants pay for all utilities including water, lawn care and snow removal. Landlord's expenses are only $7k taxes, $1200 insurance, and sewer. Occupied unit has yearly lease in place with approximately 11 months left - ideal long-term tenant that always pays on time, $1500 a month. The empty unit is newly renovated and could rent easily for $1700 a month. Easy money so act fast before it's too late. * As-is Sale. A/C isn't working in front unit *
Full Property Details
Full Property Details for 15 Hamilton Dr
General
- Sold For: $326,000
- Taxes: $7,166 (2022)
- Status: Closed
- Type: Duplex
- MLS ID: NJAC2009632
- Added to Site: 240 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Combination Dining/Living, Dining Area, Entry Level Bedroom, Family Room Off Kitchen
- Appliances: Built-In Microwave, Dishwasher, Dryer, Exhaust Fan, Oven - Single, Refrigerator, Stove, Washer, Water Heater
- Flooring: Laminate Plank
Parking
- Total Spaces: 3
- Parking Features: Free, Paved Parking
- Parking Type: Off Street, On Street
Location
- Area: Somers Point City (20121)
- Municipality: SOMERS POINT CITY
- County: Atlantic
- Driving Directions: New Rd to Chapman Blvd, left on Hamilton, rancher on left
School Information
- School District: Somers Point
- Elementary School: Dawes Ave
- Middle School: Jordan Rd
- High School: Mainland Regional H.S.
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Window Unit(s), Multi Units, Programmable Thermostat
- Cooling Fuel: Natural Gas
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Ranch/Rambler, Side-by-Side
- Architectural Style: Ranch/Rambler, Side-by-Side
- Structure Type: Detached
- Construction: Frame, Vinyl Siding
- Foundation: Slab
- Stories/Levels: 1
- Square Feet: 1,792
- Sq. Ft. Source: Assessor
- Living Area: 1,792 Sq. Ft.
- Finished Above Grnd: 1,792 Sq. Ft.
- Year Built: 1970
- Year Built Source: Assessor
- Property Condition: Very Good
Unit Information
- 2 Bedroom Units: 2
Lot Features
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 9,000
- Lot Size Source: Assessor
- Lot Dimensions: 75.00 x 120.00
- Street/Road Desc.: Black Top
- Lot Features: Rear Yard, SideYard(s)
- Zoning: R-1
- Lot Description: Rear Yard, SideYard(s)
Financial Considerations
- Price Per Sq. Ft.: $183.59
- Assessment Year: 2022
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $214,500
- Tax Amount: $7,166
- Tax Year: 2022
- Terms: Standard Sale
- Owner Pays: Insurance, Sewer, Taxes - Real Estate
- Landlord Pays: Insurance, Sewer, Taxes - Real Estate
- Tax Total Finished Sq. Ft.: 1792
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Exclusions: personal property, tenant's personal property
- Lot Number: 18
Listed by RE/MAX Community-Williamstown, Rebecca Stiefel
Sold by Balsley-Losco Realtors, Jill M Leap
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Schools
Schools serving 15 Hamilton Dr
School Districts:Somers Point School District, Mainland Regional Schools
Rating | Name | Grades | Distance |
---|---|---|---|
1301 Oak Ave, Linwood, NJ 08221 | 9-12 | 1.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 15 Hamilton Dr
Date
Details
Price
Change
Source
10/20/2023
Sold
$326,000
-0.91%
MLS
9/09/2023
Listed
$329,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
15 Hamilton Drive, Somers Point, NJ 08244 (MLS# NJAC2009632) is a Duplex property that was sold at $326,000 on October 20, 2023. Want to learn more about 15 Hamilton Drive? Do you have questions about finding other Duplex real estate for sale in Somers Point? You can browse all Somers Point real estate or contact a Coldwell Banker agent to request more information.