Second-Floor Residential
18 VERSAILLES COURT, Hamilton, NJ 08619
For Sale
$293,900
Pending
In-home laundry and a private balcony complement an updated kitchen and two full bathrooms.
Property Size1,100 SF
Days on Market140
Property Features for 18 VERSAILLES COURT
General Information
Standard status
Size
Property subtype
Additional Details
Public Transit
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
in-unit laundry
private balcony
Building Details
Building Size
Year Built
Listing Agency:
Smires & Associates
Listed By:
Denise A Fattori · License NJ #9694853
(609) 273-4224
Source:
Desantis-realestate
Added: Jun 23
Changed: Nov 8
Last Checked: Nov 8 at 3:11PM
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 Smires & Associates
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Investment Insights
Based on property information with market context.
This second-floor condominium contains 1,100 square feet and was built in 1989. The interior includes an updated kitchen, two updated full bathrooms, a primary suite, and laundry facilities within the unit. A private balcony adds outdoor space.
Society Hill II is minutes from Hamilton Train Station, Veterans Park, shopping, dining, and major highways.
Society Hill II is minutes from Hamilton Train Station, Veterans Park, shopping, dining, and major highways.
Key Highlights
- 1,100‑square‑foot second‑floor condominium
- Two updated full bathrooms and an updated kitchen
- Private balcony and in‑unit laundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,789
Cap Rate
5.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$335,780
$335.8K
Cap Rate 7%
$239,843
$239.8K
Cap Rate 9%
$186,544
$186.5K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$33.0K $30.00/SF
− Vacancy
−$2.5K −$2.25/SF
EGI
$30.5K $27.75/SF
− OpEx
−$13.7K −$12.49/SF
NOI
$16.8K $15.26/SF
Area
Mercer County, NJ
Vacancy
7.50%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$335,780
Cap Rate 7%
$239,843
Cap Rate 9%
$186,544
Alternative Uses
Best Use
Apartment 5plus
$239.8K
$209.9K – $279.8K
NOI $16,789 @ 7.0% cap · market cap 5.71%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$353.9K
$309.7K – $412.9K
NOI $24,774 @ 7.0% cap · market cap 8.43%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
881
Businesses Nearby
Explore this area
Business Placement
Demographics for 08619, NJ
23,301
Population
9,761
Households
2.4
Avg Household Size
44
Median Age
46%
College-Educated
96%
High-School Grad
10.0 sq mi
ZIP Area
2,330
Density / Sq Mi
$104,922
Median Household Income
$56,772
Median Earnings
$1,712
Median Rent
$320,800
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Mercer County, NJ
Properties on Market for Residential income properties in Mercer County
Frequently Asked Questions
What type of property is this?
Residential income property - In-home laundry and a private balcony complement an updated kitchen and two full bathrooms.
Where is this residential income property located?
The property is located at 18 VERSAILLES COURT Hamilton, NJ.
What is the asking price?
The asking price for this property is $293,900.
What are key features of this property?
This property features: 1,100‑square‑foot second‑floor condominium; Two updated full bathrooms and an updated kitchen; Private balcony and in‑unit laundry
