46-50 MORGAN Avenue, Hamilton, NJ 08619
MULTI_FAMILY - HAMILTON, NJ
- Added:
- May 4, 2026
- Days on Market:
- 50
- Last Refresh:
- Jun 22 at 7:06 pm
Property Features for 46-50 MORGAN Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 5
- Parking features
- On Street, Driveway, Garage - Detached
- Standard status
- Active Under Contract
- Size
- 2,201 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8528
Utilities
- Heating system
- Baseboard, Hot Water(Heating), Other (Heating)
Building Details
- Year built
- 1930
- Number of units
- 2
- Building materials
- Frame, Aluminum Siding
Listing agent Marian R Conte License #7835196 (609) 947-4222
Listing office DiDonato Realty Company Inc 2801 Nottingham Way, Hamilton, NJ (609) 586-2344
Listing date May 4, 2026
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.
HighLights
- Two separate single‑family houses on a 100' x 106' double lot in Hamilton Twp, Mercer County NJ
- House #46: 2.5‑story home with enclosed front porch, large living room and formal dining room
- House #46 includes an eat‑in kitchen with pantry and all appliances, plus new natural wood‑look floors (1st level) and fresh paint
- House #46: 3 bedrooms, full bathroom on 2nd floor, walk‑up staircase to a floored attic, and full basement with walk‑out access
- House #50: renovated ranch with enclosed sunporch, living room, large bedroom, and eat‑in kitchen with new carpeting and recessed lighting
- Separate gas and electric service for each house, plus driveway, detached garage, and on‑street parking
Overview
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 | $59.4k | $27.00 |
| − Vacancy | −$3.9k | −$1.76 |
| EGI | $55.6k | $25.25 |
| − OpEx | −$16.7k | −$7.57 |
| NOI | $38.9k | $17.67 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Hamilton
- County
- Mercer
- State
- New Jersey
- Longitude
- -74.71137
- Latitude
- 40.23857
