Remodeled Quadplex with Separate
56 HAMILTON AVE Fairview, NJ 07022
56 HAMILTON AVE, Fairview, NJ, 07022
$1,395,000
For Sale
$1,395,000
MULTI_FAMILY - Fairview, NJ
Days on Market54
Property Features for 56 HAMILTON AVE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bedroom 5, Bedroom 7, Bedroom 1, Basement, Bedroom 6, Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 2, Bathroom 4, Bedroom 4
- Standard status
- Active
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 21045
Building Details
- Architectural style
- Other
Listing agency
HP PROPERTIES
(201) 751-5111
Listed by
JUNIO FERMIN · License #9910976
(201) 751-5111
Added: May 29 Updated: Jul 7 at 3:43PM Checked: Jul 21 at 9:06PM
MLS# 260010319
Copyright © 2026 Realty MLS, Inc. 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.
This remodeled four-family (quadplex) was taken “from gut to stud” about 6 years ago and updated throughout. The property includes new electricity, new plumbing, a newer roof, and newer sheetrock. Utilities are separated, and tenants pay for heat and hot water. The unit mix is designed for varied tenant needs: the first floor has two apartments, including a two-bedroom unit and a one-bedroom unit; the second floor features a three-bedroom apartment; and the third floor offers a two-bedroom apartment with a full bath and a deck with a partial NYC view.
Located at 56 Hamilton Ave in Fairview, NJ (07022), the building is positioned near NYC transportation, described as about one block away, and next to North Hudson Park.
From an ownership standpoint, this is a residential income property with four separate apartments and tenant-paid heating and hot water. The seller’s remarks indicate a 7.6% cap rate, with total expenses of $31,845 (including water and sewer, insurance, and taxes) and total income of $11,500 per month, translating to an annual income figure of $138,000 and an indicated net income of $106,155.
Located at 56 Hamilton Ave in Fairview, NJ (07022), the building is positioned near NYC transportation, described as about one block away, and next to North Hudson Park.
From an ownership standpoint, this is a residential income property with four separate apartments and tenant-paid heating and hot water. The seller’s remarks indicate a 7.6% cap rate, with total expenses of $31,845 (including water and sewer, insurance, and taxes) and total income of $11,500 per month, translating to an annual income figure of $138,000 and an indicated net income of $106,155.
Key Highlights
- 4‑family property with 7.6% cap rate; remodeled from gut to stud about 6 years ago with new electric, new plumbing, newer roof, and new sheetrock
- Separate utilities: tenants pay heat & hot water for the 4‑family setup
- Income listed as $11,500/month ($138,000/yr) with total expenses of $31,845 and net income of $106,155/yr
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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Construction Company
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FAQs
What type of property is this?
Quadplex - Remodeled four-unit building with separate utilities and tenant-paid heat and hot water for practical, low-touch operations.
Where is this quadplex located?
The property is located at 56 HAMILTON AVE Fairview, NJ.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: 4‑family property with 7.6% cap rate; remodeled from gut to stud about 6 years ago with new electric, new plumbing, newer roof, and new sheetrock; Separate utilities: tenants pay heat & hot water for the 4‑family setup; Income listed as $11,500/month ($138,000/yr) with total expenses of $31,845 and net income of $106,155/yr
