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Twin Home with Backyard

24 Newkirk Avenue Hamilton, NJ 08629

24 Newkirk Avenue, Hamilton, NJ, 08629
$299,999
For Sale
$299,999

SINGLE_FAMILY - Other - Hamilton, NJ

Property Size1,240 SF
Lot Size0.04 Acres
Price / SF$241.93
Days on Market118

Property Features for 24 Newkirk Avenue

General Information

Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
1
Rooms
Bedroom 3, Bedroom 2, Bathroom 1, Basement, Bedroom 1
Patio and Porch features
Porch
Interior features
Attic - Walk Up
Basement
Partially Finished
Standard status
Active
APN
03-02023-0000-00048
Size
1,240 SF
Lot size
0.04 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
3567

Utilities

Heating system
Natural Gas
Cooling system
Electric
Water source
Public

Building Details

Year built
1935
Floors in Building
2
Roof type
Shingle
Architectural style
Other
Listing Agency Goldstone Realty
2446 Church Road, Toms River, NJ
Listed by Mayra Cruz
Added: Mar 22 Checked: Jul 17 at 7:06 pm
MLS# 22607492 Listing URL

Copyright © 2026 More MLS. 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.

This twin home offers a bright, open interior layout with a living and dining area and a spacious eat-in kitchen. Upstairs, you’ll find a primary bedroom, two additional bedrooms, and a full bathroom. A full basement provides additional convenience with laundry and storage, helping keep everyday spaces organized. From the kitchen, step out to a private backyard.

The property is located in Hamilton Township in Mercer County, NJ, with a shared driveway. The listing notes it is within the Hamilton East/Steinert School District.

Set on approximately 0.04 acres, the home is listed for sale with an overall size of about 1,240 square feet.

Key Highlights

  • Twin home in Hamilton Township with 3 bedrooms and 1 full bathroom
  • Spacious eat‑in kitchen with access to a private backyard
  • Basement includes laundry and storage space

Local 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 $33.5k $27.00
− Vacancy −$2.2k −$1.76
EGI $31.3k $25.25
− OpEx −$9.4k −$7.57
NOI $21.9k $17.67
1,240 SF · lease $27.00/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$313.0K
$273.9K – $365.2K (±1% cap)
NOI $21,913 @ 7.0% cap · market cap 7.30%
Second Best
Apartment 5plus
$270.4K
$236.6K – $315.4K (±1% cap)
NOI $18,926 @ 7.0% cap · market cap 6.31%
Theoretical Best
Warehouse
$399.0K
$349.1K – $465.5K (±1% cap)
NOI $27,927 @ 7.0% cap · market cap 9.31%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Dental Office Parking Lot & Garage Skin Care Clinic Cafe & Coffee Shop Gym & Fitness Center (Bike/Boat/Book/etc) Store Hotel & Motel (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Twin home for sale featuring an eat-in kitchen, full basement with laundry and storage, and a private backyard.
Where is this duplex located?
The property is located at 24 Newkirk Avenue Hamilton, NJ.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: Twin home in Hamilton Township with 3 bedrooms and 1 full bathroom; Spacious eat‑in kitchen with access to a private backyard; Basement includes laundry and storage space
Contact an agent
More about this property
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