Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    147 Old York Rd Hamilton, NJ 08620

    Sponsored
    Picture of Agricultural land at Old York Rd 147, Hamilton, NJ
    For Sale
    $580,000

    LAND - HAMILTON, NJ

    Lot size:
    32.96 Acres
    Days on Market:
    3
    Last Refresh:
    Mar 2 at 12:06 pm

    Property Features for 147 Old York Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    32.96 Acres

    We can help!

    Listing Contact
    Patricia Hogan

    Keller Williams Realty (856) 321-1212

    Listing agent Patricia Hogan (609) 306-9189 License #339824

    Listing date Feb 28, 2026

    MLS# NJME2072970 Listing URL

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Preserved Farmland with Building Exception

    This property features 32.96 acres of preserved farmland in Hamilton Township. A notable feature is the 2-acre farmland preservation exception located on Old York Road. This exception permits the construction of non-agricultural related buildings, such as an owner's residence or a retail store. Perc test, site plan, and Phase 1 environmental reports are available upon accepted offer.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Law Firm Big Box & Wholesale Store Auto Repair Shop Department Store Kitchen & Bath Showroom Food Market Electrical Service Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hamilton
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.63742
    Latitude
    40.16053

    Nearby Similar for Sale

    • $849,990
      4,224 SF

      Renovated Office Suite For Sale

      First-floor office suite in Golden Crest Corporate Center.
      2275 Highway 33, Hamilton, NJ 08690
      View Details
    • New
      $399,900
      0.10 Acres

      Commercial Property on Corner Lot

      Commercial property with two garage bays and pylon signage.
      2048 S Broad St, Hamilton, NJ 08610
      View Details
    • $1,100,000
      4,552 SF

      Industrial-Modern Building with Racing Track

      Striking building with high-end finishes, suitable for retail or office.
      2595 Yardville Hamilton Squ Rd, Hamilton, NJ 08690
      View Details
    • $229,999
      Pending

      Move-in Ready Office Condo

      Office suite with 7 offices, conference room, and kitchenette.
      1245 Whitehorse Mercerville Rd, Hamilton, NJ 08619
      View Details
    • $250,000

      Professional Condo Near RWJ Hamilton

      Versatile condo ideal for medical or professional use.
      2081 Klockner Rd, Hamilton, NJ 08690
      View Details
    • $500,000
      1,613 SF

      Multi-Use Property Near Hamilton Station

      Income-producing commercial property with residential, office, and garage spaces.
      110 Klockner Ave, Hamilton, NJ 08619
      View Details
    • $1,000,000
      0.34 Acres

      Corner Retail Site For Sale

      Excellent corner retail site available for sale in Hamilton, NJ.
      1679 E State St, Hamilton, NJ 08609
      View Details
    • $1,499,000
      2,646 SF

      Established Tavern with Renovated Apartment

      Bar, restaurant, building, and liquor license included in sale.
      1600 Hamilton Ave, Hamilton, NJ 08629
      View Details
    • Contact for pricing
      0.65 Acres

      Commercial Space in Hamilton, NJ

      Office, garage, and parking spaces available for lease or sale.
      110 Klockner Rd, Hamilton, NJ 08619
      View Details
    • $450,000
      1,660 SF

      Hamilton Multifamily Property for Sale

      Multifamily property in Hamilton, NJ, with 1660 square feet.
      229 Parkinson Ave, Hamilton, NJ 08610
      View Details
    • $800,000
      0.45 Acres

      Retail Building in Hamilton, NJ

      Retail building with jewelry store and salon, parking for 12.
      4481 S Broad St, Hamilton, NJ 08620
      View Details
    • $139,500

      Mercer Professional Park Office Condo

      785 SF office condo in excellent condition for sale.
      2333 Whitehorse Mercerville Rd, Hamilton, NJ 08619
      View Details

    FAQs

    What type of property is this?
    Agricultural land - 32.96 acres in Hamilton, NJ with building exception.
    Where is this agricultural land located?
    The property is located at 147 Old York Rd Hamilton, NJ.
    What is the asking price?
    The asking price for this property is $580,000.
    What are key features of this property?
    This property features: - 32.96 acres of preserved farmland; - 2 acre farmland preservation exception; - Exception allows for owner residence OR retail store - **Great opportunity for a unique live/work setup!**
    (609) 306-9189
    Request Owner's contact information
    147 Old York Rd Hamilton, NJ 08620
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    147 Old York Rd
    Hamilton, NJ 08620
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    147 Old York Rd Hamilton, NJ 08620
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Patricia Hogan
    Real Estate License ID: 339824
    (609) 306-9189 (609) 459-5100
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!