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Mixed-Use Building with Retail
For Sale
Contact for pricing
Pending

499 Hamilton St, Somerset, NJ 08873

Three-story mixed-use building includes six apartments and three ground-floor retail spaces completed in 2018.

Property SizeContact for details
Days on Market117

Property Features for 499 Hamilton St

General Information

Standard status Pending
Property subtype Mixed Use

Additional Details

Multifamily Units 6

Building Details

Year Built 2018
Stories 3
Tenancy Multi
Listing Agency: Davis Commercial
Listed By: Brian Walsh
Source: Crexi
Added: Apr 11 Changed: Jul 22 Last Checked: Aug 5 at 3:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Davis Commercial

Investment Insights

Based on property information with market context.

499 Hamilton Street is a three-story mixed-use building newly constructed in 2018. The property features six apartments and three ground-floor stores, with high-end finishes throughout.

The building supports both residential and street-level commercial uses under one roof, with the ground-floor storefronts positioned for day-to-day business operations.

As a mixed-use asset, it offers a combined layout of apartments above retail, creating an on-site residential component with dedicated ground-floor commercial space.

Key Highlights

  • Three‑story mixed‑use building with six apartments and three ground‑floor retail stores
  • New construction recently completed in 2018
  • Ground‑floor spaces include retail/professional use locations for a business

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Dental Office Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

409
Businesses Nearby

Demographics for 08873, NJ

55,500
Population
22,142
Households
2.5
Avg Household Size
42
Median Age
54%
College-Educated
93%
High-School Grad
32.1 sq mi
ZIP Area
1,729
Density / Sq Mi
$117,866
Median Household Income
$61,727
Median Earnings
$1,942
Median Rent
$438,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three-story mixed-use building includes six apartments and three ground-floor retail spaces completed in 2018.
Where is this mixed-use property located?
The property is located at 499 Hamilton St Somerset, NJ.
What are key features of this property?
This property features: Three‑story mixed‑use building with six apartments and three ground‑floor retail stores; New construction recently completed in 2018; Ground‑floor spaces include retail/professional use locations for a business
(732) 254-6700 Call to check price and availability
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