Two-Unit Duplex with Fenced
New
For Sale
$445,000
2257 LIBERTY STREET, Hamilton, NJ 08609
Separate entrances serve the two residences, complemented by a private driveway and enclosed outdoor space.
Property Size1,256 SF
Price / SF$354.30
Days on Market3
Property Features for 2257 LIBERTY STREET
General Information
Standard status
Active
Size
1,256 SF
Total Parking Spaces
2
Property subtype
Duplex
Additional Details
Public Transit
Yes
Multifamily Units
2
Amenities
covered front porch
finished basement
washer and dryer
fully fenced backyard
shed
Building Details
Year Built
1940
Listing Agency:
Keller Williams Premier
(609) 459-5100
Listed By:
Jeanette M Larkin · License #0895504
(609) 731-9380
Source:
Cummingsrealtors
Added: Oct 29
Changed: Oct 31
Last Checked: Oct 31 at 3:12AM
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 Keller Williams Premier
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Investment Insights
Based on property information with market context.
This 1,256-square-foot semi-detached duplex, built in 1940, contains two legal residential units with separate entrances. The first-floor residence has one bedroom, a full bath, kitchen, and access to a finished basement with storage and laundry. The upper unit has a kitchen, full bath, and a layout that can accommodate two bedrooms or a bedroom and den. Recent first-floor updates include fresh paint, laminate flooring, and new kitchen cabinetry.
The property includes a fenced backyard, a shed, and a private driveway with space for two vehicles. It is in Hamilton Township’s Steinert School District and near shopping, public transportation, and major roadways.
The property includes a fenced backyard, a shed, and a private driveway with space for two vehicles. It is in Hamilton Township’s Steinert School District and near shopping, public transportation, and major roadways.
Key Highlights
- Legal two‑family property with separate entrances
- 1,256 square feet; built in 1940
- Upper unit offers two bedrooms or one bedroom plus a den
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,195
Cap Rate
4.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$443,900
$443.9K
Cap Rate 7%
$317,071
$317.1K
Cap Rate 9%
$246,611
$246.6K
Market Conditions
NOI Build-Up for 1,256 SF
Gross rent
$33.9K $27.00/SF
− Vacancy
−$2.2K −$1.76/SF
EGI
$31.7K $25.25/SF
− OpEx
−$9.5K −$7.57/SF
NOI
$22.2K $17.67/SF
Area
Mercer County, NJ
Vacancy
6.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$443,900
Cap Rate 7%
$317,071
Cap Rate 9%
$246,611
Alternative Uses
Best Use
Multifamily LT 5
$317.1K
$277.4K – $369.9K
NOI $22,195 @ 7.0% cap · market cap 4.99%
Second Best
Apartment 5plus
$273.9K
$239.6K – $319.5K
NOI $19,170 @ 7.0% cap · market cap 4.31%
Theoretical Best
Warehouse
$404.1K
$353.6K – $471.5K
NOI $28,287 @ 7.0% cap · market cap 6.36%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
679
Businesses Nearby
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Business Placement
Demographics for 08609, NJ
14,867
Population
5,347
Households
2.8
Avg Household Size
33
Median Age
10%
College-Educated
72%
High-School Grad
1.3 sq mi
ZIP Area
11,436
Density / Sq Mi
$56,932
Median Household Income
$36,133
Median Earnings
$1,218
Median Rent
$96,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate entrances serve the two residences, complemented by a private driveway and enclosed outdoor space.
Where is this duplex located?
The property is located at 2257 LIBERTY STREET Hamilton, NJ.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: Legal two‑family property with separate entrances; 1,256 square feet; built in 1940; Upper unit offers two bedrooms or one bedroom plus a den
