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    Two-Unit Duplex for Renovation Title is generated by Realmo AI

    14-16 Hamilton Street, Allentown, NJ 08501

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    Claim this Listing
    New
    For Sale
    $450,000

    MULTI_FAMILY - Allentown, NJ

    Property size:
    1,896 SF
    Lot size:
    0.24 Acres
    Price / SF:
    $237/SF
    Added:
    Jun 12, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 12 at 7:06 pm

    Property Features for 14-16 Hamilton Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    3
    Rooms
    Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 4, Bedroom 4, Bedroom 3, Bathroom 3, Basement, Bedroom 2
    Parking
    2
    Parking features
    Off Street
    Basement
    Dirt Floor
    Standard status
    Active
    APN
    03-00006-0000-00026
    Size
    1,896 SF
    Lot size
    0.24 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    8839

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard
    Water source
    Public

    Building Details

    Year built
    1930
    Floors in Building
    2
    Number of units
    2
    Roof type
    Shingle

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    Listing Contact
    Patricia M Hogan

    Listing agent Patricia M Hogan License #339824

    Listing office Keller Williams Premier Office 2370 Route 33 Suite 101, Cherry Hill, NJ

    Listing date Jun 12, 2026

    MLS# 22617783 Listing URL

    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

    • Duplex built in 1930 with shingle roof and baseboard heating
    • Two‑unit layout: Unit 1 offers 3BR and 1.5BA across 2 stories with living room, dining room, kitchen, and attic
    • Unit 2 features 1–2BR, 1BA with living room and kitchen
    • Parking available with off‑street parking
    • Public water and public sewer service

    Overview

    This duplex includes two separate residential units on a single double lot setting. Unit 1 is a two-story layout with three bedrooms and 1.5 bathrooms, featuring living room, dining room, kitchen, and an attic. Unit 2 offers one to two bedrooms with one bathroom, along with a living room and kitchen. The property is being sold strictly as-is, and buyers should plan for their own updates and due diligence.

    Located at 14-16 Hamilton Street in Allentown, NJ, the home is described as being in Historic Allentown Borough and within walkable distance to Main Street’s shops, parks, studios, and restaurants, based on the listing remarks. The seller notes the lot may be suitable for possible subdivision, subject to the buyer obtaining all required certifications.

    This property can suit an owner-occupant looking to live in one unit while updating the other, or an investor seeking a duplex with two independently arranged units. Prospective buyers should independently verify any subdivision feasibility and confirm all required permits and certifications. The listing also indicates the buyer will need to complete due diligence, as well as address any housing contingency considerations identified by the seller.

    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 $48.5k $25.56
    − Vacancy −$3.1k −$1.65
    EGI $45.3k $23.91
    − OpEx −$13.6k −$7.17
    NOI $31.7k $16.74
    1,896 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $453.3K
    $396.7K – $528.9K (±1% cap)
    NOI $31,732 @ 7.0% cap · market cap 7.05%
    Second Best
    Apartment 5plus
    $416.5K
    $364.5K – $486.0K (±1% cap)
    NOI $29,157 @ 7.0% cap · market cap 6.48%
    Theoretical Best
    Office A
    $495.1K
    $433.2K – $577.6K (±1% cap)
    NOI $34,656 @ 7.0% cap · market cap 7.70%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Allentown
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.585723
    Latitude
    40.179883

    FAQs

    What type of property is this?
    Duplex - Duplex with two distinct unit layouts on a double lot, offered for buyers seeking a value-add renovation.
    Where is this duplex located?
    The property is located at 14-16 Hamilton Street Allentown, NJ.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Duplex built in 1930 with shingle roof and baseboard heating; Two‑unit layout: Unit 1 offers 3BR and 1.5BA across 2 stories with living room, dining room, kitchen, and attic; Unit 2 features 1–2BR, 1BA with living room and kitchen
    More about this property
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