Residential Income Property with
20 GENA COURT, Hamilton Township, NJ 08690
For Sale
$250,000
Pending
One-bedroom condo with a private terrace, in-unit laundry, and access to community recreation amenities.
Property Size765 SF
Days on Market38
Property Features for 20 GENA COURT
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Highway Access
Taxes and HOA fees
Annual Taxes
Amenities
basketball courts
seasonal pool
in-unit washer and dryer
private terrace
Building Details
Building Size
Year Built
Listing Agency:
EXP Realty, LLC
Listed By:
Ashley Krushinski · License NJ #1756209
(908) 430-5207
Source:
Desantis-realestate
Added: Oct 3
Changed: Nov 7
Last Checked: Nov 8 at 4:04PM
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 EXP Realty, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 765-square-foot, one-bedroom condo was built in 1984 and includes a living room with hardwood flooring, a dining area, and a kitchen equipped with a gas stove and dishwasher. A sliding glass door connects the living room to a private terrace. The bathroom contains an in-unit washer and dryer.
Community features include basketball courts and a seasonal pool. Veterans Park is nearby, and Route 206, Route 33, and I-295 provide access to major roads.
Community features include basketball courts and a seasonal pool. Veterans Park is nearby, and Route 206, Route 33, and I-295 provide access to major roads.
Key Highlights
- 765‑square‑foot, one‑bedroom condo
- Private terrace accessed from the living room
- In‑unit washer and dryer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,676
Cap Rate
4.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$233,520
$233.5K
Cap Rate 7%
$166,800
$166.8K
Cap Rate 9%
$129,733
$129.7K
Market Conditions
NOI Build-Up for 765 SF
Gross rent
$23.0K $30.00/SF
− Vacancy
−$1.7K −$2.25/SF
EGI
$21.2K $27.75/SF
− OpEx
−$9.6K −$12.49/SF
NOI
$11.7K $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%
$233,520
Cap Rate 7%
$166,800
Cap Rate 9%
$129,733
Alternative Uses
Best Use
Apartment 5plus
$166.8K
$146.0K – $194.6K
NOI $11,676 @ 7.0% cap · market cap 4.67%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$246.1K
$215.4K – $287.2K
NOI $17,229 @ 7.0% cap · market cap 6.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
313
Businesses Nearby
Explore this area
Business Placement
Demographics for 08690, NJ
19,470
Population
8,068
Households
2.4
Avg Household Size
47
Median Age
45%
College-Educated
95%
High-School Grad
7.0 sq mi
ZIP Area
2,781
Density / Sq Mi
$122,665
Median Household Income
$65,581
Median Earnings
$1,561
Median Rent
$362,700
Median Home Value
Market
Average Price Trend$/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 - One-bedroom condo with a private terrace, in-unit laundry, and access to community recreation amenities.
Where is this residential income property located?
The property is located at 20 GENA COURT Hamilton Township, NJ.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 765‑square‑foot, one‑bedroom condo; Private terrace accessed from the living room; In‑unit washer and dryer
