Duplex with Finished
New
For Sale
$289,000
227 S JOHNSTON AVENUE, Hamilton, NJ 08609
SINGLE_FAMILY - HAMILTON, NJ
Property Size1,500 SF
Price / SF$192.67
Days on Market1
Property Features for 227 S JOHNSTON AVENUE
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 1
Subdivision
NONE AVAILABLE
Standard status
Active
Size
1,500 SF
Building Details
Year built
1920
Listing Agency:
BHHS Fox & Roach Robbinsville Sales Office · Berkshire Hathaway HomeServices
(609) 890-3300
Listed By:
Anthony McAnany · License #1752745
(609) 954-8669
Added: Jul 31
Last Checked: Jul 31 at 9:06PM
MLS# NJME2081368
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Duplex at 227 S Johnston Avenue in Hamilton, NJ, built in 1920. The home offers four bedrooms, including a finished attic, along with two full bathrooms. A front porch and a nice yard provide outdoor space, and shared driveway parking supports convenient day-to-day access.
The interior includes a heater that is regularly maintained and a newer hot water heater. With access to major roads and nearby essentials such as hospitals, places of worship, and recreation options, the layout supports straightforward, comfortable occupancy.
The property size is 1,500 square feet.
The interior includes a heater that is regularly maintained and a newer hot water heater. With access to major roads and nearby essentials such as hospitals, places of worship, and recreation options, the layout supports straightforward, comfortable occupancy.
The property size is 1,500 square feet.
Key Highlights
- Built in 1920
- Four bedrooms including finished attic
- Two full bathrooms
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 | $40.5k | $27.00 |
| − Vacancy | −$2.6k | −$1.76 |
| EGI | $37.9k | $25.25 |
| − OpEx | −$11.4k | −$7.57 |
| NOI | $26.5k | $17.67 |
1,500 SF · lease $27.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$378.7K
$331.3K – $441.8K
NOI $26,507 @ 7.0% cap · market cap 9.17%
Second Best
Apartment 5plus
$327.1K
$286.2K – $381.6K
NOI $22,894 @ 7.0% cap · market cap 7.92%
Theoretical Best
Warehouse
$482.6K
$422.3K – $563.0K
NOI $33,782 @ 7.0% cap · market cap 11.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
698
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex with four bedrooms, two full baths, front porch, shared driveway parking, and a finished attic.
Where is this duplex located?
The property is located at 227 S JOHNSTON AVENUE Hamilton, NJ.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Built in 1920; Four bedrooms including finished attic; Two full bathrooms
