$549,500

307 Hamilton Ave Trenton, NJ 08609

$6,525
Closing credit¹
5,326 sqft
0.2 acres
$103 / sqft
House

Property details

About 307 Hamilton Ave

Exceptional 6-Unit Investment Property Fully Rented with Strong Cash Flow! Investor’s dream! This fully occupied 6-unit multifamily property is a prime income-generating asset, bringing in an impressive $67,680 in annual rental income. With a cap rate of 8.6%, this property delivers strong returns in todays market. Each unit features separate utilities, ensuring low owner expenses and maximum profitability. Tenants are responsible for their own heating, electricity, keeping operating costs efficient. Additional highlights include: * Off-street parking for 12 vehicles a rare and valuable feature! * Strong rental history consistent occupancy with reliable tenants. * Turnkey investment income-producing from day one. Whether you are a seasoned investor looking to expand your portfolio or a new buyer seeking a high-yield opportunity, this property is a must-see.

Highlights

Home typeOther
HeatingOther
StatusSale Pending
(PENDING)
CoolingWindow Unit(s)
Size5,326 sqft
BasementYes
Lot size0.19 Acres
Year built1899
ParkingDriveway,On Street,Parking Lot
MLS #NJME2053988

Summary

  • MLS Number: NJME2053988
  • MLS Name: BRIGHT
  • Office Name: Smires & Associates
  • Office Phone: (609) 259-1414
  • Listing Agent: Dewey C Nami
  • Agent Phone: (609) 977-4213
  • Agent Email: deweynami@yahoo.com

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 11:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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tudor home with a porch

$549,500

307 Hamilton Ave

$6,525

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 23, 2019
Home Sold
$230,000
Sep 05, 2013
Home Sold
$301,500
Jun 29, 2004
Home Sold
$265,000

Tax history

YearAssessmentProperty Tax
2024$216,700$12,063
2022$216,700$12,033
2021$216,700$11,994
2020$216,700$11,801
2019$216,700$11,296

History based on county public records data.

Nearby schools

1

Carroll Robbins Elementary School

Public District PK-3

0.1 mi

283 Tyler St

3

George Washington Elementary School

Public District PK-3

0.4 mi

331 Emory Ave

1

William Harrison Elementary School

Public District PK-3

0.6 mi

461 Genesee St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $24,760. The most common annual income of people living in Trenton, NJ is less than $<35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

65%
<35k
28%
35k-100k
4%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

70%
Single, No Kids
14%
Single, with Kids
9%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
6%
12-17 yrs old
26%
18-34 yrs old
35%
35-64 yrs old
21%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • UFCUFC
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Chico'sChico's
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • Burger KingBurger King
  • Bob EvansBob Evans

What do the neighbors drive?

  • CadillacCadillac
  • BuickBuick
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • JazzJazz
  • Urban ContemporaryUrban Contemporary
  • NewsNews
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 307 Hamilton Ave

This home is located at 307 Hamilton Ave in Trenton, NJ and zip code 08609 in the Greenwood / Hamilton neighborhood. This 5,326 square foot home, which was built in 1899, sits on a 0.19 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 30, 2025 and is currently priced at $549,500.

Over 27 listings were sold over their listed price in February 2025 in Trenton, NJ. In the same period over 20 listings were sold below the listed price and 8 listings were sold for the listed price. Between January and February 2025, Trenton, NJ real estate market has seen decrease in the number of listings by 2.2%. The median list price of listings available in February 2025 was $338,000, while the average time on the real estate market was 52 days.

From Rocket Homes Real Estate and based on county public records data.

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