56-58 Hamilton Street Somerville, NJ 08876
MULTI_FAMILY - Somerville, NJ
Property Features for 56-58 Hamilton Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 4, Basement, Bedroom 1, Bedroom 3
- Basement
- Finished, Full
- Standard status
- Pending
- APN
- 18-00061-01-00018
- Size
- 1,560 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7611
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Aluminum Siding
- Roof type
- Shingle
Listing agent John Natale License #0790719 (855) 450-0442
Listing office Real Broker, LLC 165 Passaic Ave. Ste 205, HADDON TOWNSHIP, NJ (855) 450-0442
Listing date Feb 20, 2026
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Key Highlights
- Income‑generating two‑family duplex.
- Prime investment opportunity in a desirable Somerville neighborhood.
- Ideal for owner‑occupants to offset mortgage costs.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.7k | $21.60 |
| − Vacancy | −$1.9k | −$1.21 |
| EGI | $31.8k | $20.39 |
| − OpEx | −$9.5k | −$6.12 |
| NOI | $22.3k | $14.27 |
