Two-Unit Duplex with Fenced
New
For Sale
$445,000
2257 LIBERTY Street, Hamilton, NJ 08609
Multi-Family, HAMILTON, NJ
Property Size1,256 SF
Lot Size0.05 Acres
Price / SF$354.30
Days on Market3
Property Features for 2257 LIBERTY Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking features
Driveway
High school
HAMILTON EAST-STEINERT H.S.
Elementary school district
HAMILTON TOWNSHIP
Middle school district
HAMILTON TOWNSHIP
High school district
HAMILTON TOWNSHIP
Standard status
Active
Size
1,256 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
3841
Utilities
Heating system
Forced Air
Amenities
covered front porch
finished basement
washer and dryer
fenced backyard
shed
Building Details
Year built
1940
Number of units
1
Building materials
Frame
Architectural style
Other
Buildings
1
Listing Agency:
Keller Williams Premier · Keller Williams Realty
(609) 459-5100
Listed By:
Jeanette M Larkin · License #0895504
(609) 731-9380
Added: Oct 29
Last Checked: Oct 31 at 11:06AM
MLS# NJME2085590
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,256-square-foot duplex, built in 1940, contains two separate living units. The first-floor apartment has one bedroom, a full bathroom, a kitchen, and access to a finished basement with storage and laundry. The upper apartment has a kitchen, a full bathroom, and a layout that can accommodate two bedrooms or one bedroom plus a den.
The 0.0528-acre property also includes a fenced backyard, a shed, and a driveway with space for two vehicles. The home is in Hamilton Township’s Steinert School District.
The 0.0528-acre property also includes a fenced backyard, a shed, and a driveway with space for two vehicles. The home is in Hamilton Township’s Steinert School District.
Key Highlights
- Legal two‑family property with separate entrances to each unit
- 1,256 square feet on a 0.0528‑acre lot
- First‑floor unit includes one bedroom and access to a finished basement with storage and laundry
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 apartments, and a private driveway provides off-street parking.
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 to each unit; 1,256 square feet on a 0.0528‑acre lot; First‑floor unit includes one bedroom and access to a finished basement with storage and laundry
