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    Freestanding Office and Medical Building Title is generated by Realmo AI

    1202 S Olden Avenue, Hamilton, NJ 08610

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    Claim this Listing
    New
    For Sale
    $550,000

    COMMERCIAL - Hamilton, NJ

    Property size:
    2,400 SF
    Lot size:
    0.21 Acres
    Price / SF:
    $229/SF
    Added:
    Jul 7, 2026
    Days on Market:
    3
    Last Refresh:
    Jul 9 at 12:06 am

    Property Features for 1202 S Olden Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Off Street, Parking Lot
    Standard status
    Active
    APN
    03-02126-0000-00005
    Size
    2,400 SF
    Lot size
    0.21 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    7872

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    1945
    Floors in Building
    1

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    Rahmeet Talwar

    Listing agent Rahmeet Talwar

    Listing office Realty One Group Central 17 Broad Street, Freehold, NJ

    Listing date Jul 7, 2026

    MLS# 22620585

    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.

    HighLights

    • Move‑in ready freestanding commercial building with 2,400+/- SF
    • Recently updated interior with modern finishes, recessed LED lighting, and updated flooring
    • Flexible layout with seven (7) offices, open work areas, and a kitchenette
    • Includes two (2) bathrooms and abundant natural light
    • Public utilities: public water and public sewer
    • Off‑street parking in a parking lot; convenient access to Routes 206, 130, I‑195, and I‑295

    Overview

    This move-in ready freestanding commercial building offers approximately 2,400+/- square feet of versatile space with modern finishes throughout. The interior includes seven offices, open work areas, two bathrooms, recessed LED lighting, updated flooring, and a kitchenette. Abundant natural light supports a variety of professional and service-oriented uses.

    The property is positioned on a highly visible street in Hamilton, New Jersey. It provides on-site parking and convenient access to major roadways including Routes 206 and 130, as well as I-195 and I-295.

    With its flexible layout and mix of private offices and open areas, the building is well suited for an owner-user or investor looking for a practical space for professional office, medical, retail, or service uses, subject to township approvals. The combination of move-in readiness, established on-site parking, and strong roadway connectivity is designed to support day-to-day tenant operations.

    Local Financial Insights For Retail

    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 $53.9k $22.44
    − Vacancy −$2.6k −$1.08
    EGI $51.3k $21.36
    − OpEx −$15.4k −$6.41
    NOI $35.9k $14.95
    2,400 SF · lease $22.44/SF/yr · vacancy 4.80% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $512.7K
    $448.6K – $598.2K (±1% cap)
    NOI $35,890 @ 7.0% cap · market cap 6.53%
    Second Best
    Healthcare Medical
    $476.1K
    $416.6K – $555.5K (±1% cap)
    NOI $33,327 @ 7.0% cap · market cap 6.06%
    Theoretical Best
    Warehouse
    $772.2K
    $675.7K – $900.9K (±1% cap)
    NOI $54,052 @ 7.0% cap · market cap 9.83%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Real Estate Agency Law Firm Dental Office Parking Lot & Garage (Bike/Boat/Book/etc) Store Acupuncture Home Appliance Store Accounting Firm Catering Service Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Hamilton
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.722111
    Latitude
    40.211181

    FAQs

    What type of property is this?
    Office building - Move-in ready building with modern interior finishes, seven offices, and on-site parking along a highly visible corridor.
    Where is this office building located?
    The property is located at 1202 S Olden Avenue Hamilton, NJ.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: Move‑in ready freestanding commercial building with 2,400+/- SF; Recently updated interior with modern finishes, recessed LED lighting, and updated flooring; Flexible layout with seven (7) offices, open work areas, and a kitchenette
    More about this property
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