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Remodeled Quadplex with Separate Utilities

56 HAMILTON AVE Fairview, NJ 07022

56 HAMILTON AVE, Fairview, NJ, 07022
$1,395,000
For Sale
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$1,395,000

MULTI_FAMILY - Fairview, NJ

AddedMay 29
Days on Market49
Last RefreshJul 16 at 2:06 am

Property Features for 56 HAMILTON AVE

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
7
Bathrooms
4
Rooms
Bathroom 3, Bedroom 5, Bedroom 7, Bedroom 1, Basement, Bedroom 6, Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 2, Bathroom 4, Bedroom 4
Standard status
Active

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
21045

Building Details

Architectural style
Other

Listing agent JUNIO FERMIN License #9910976

Listing office HP PROPERTIES 1107 72ND ST, WEST NEW YORK, NJ

Listing date May 29, 2026

MLS# 260010319 Listing URL

Copyright © 2026 Realty MLS, Inc. 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 remodeled four-family (quadplex) was taken “from gut to stud” about 6 years ago and updated throughout. The property includes new electricity, new plumbing, a newer roof, and newer sheetrock. Utilities are separated, and tenants pay for heat and hot water. The unit mix is designed for varied tenant needs: the first floor has two apartments, including a two-bedroom unit and a one-bedroom unit; the second floor features a three-bedroom apartment; and the third floor offers a two-bedroom apartment with a full bath and a deck with a partial NYC view.

Located at 56 Hamilton Ave in Fairview, NJ (07022), the building is positioned near NYC transportation, described as about one block away, and next to North Hudson Park.

From an ownership standpoint, this is a residential income property with four separate apartments and tenant-paid heating and hot water. The seller’s remarks indicate a 7.6% cap rate, with total expenses of $31,845 (including water and sewer, insurance, and taxes) and total income of $11,500 per month, translating to an annual income figure of $138,000 and an indicated net income of $106,155.

Key Highlights

  • 4‑family property with a stated 7.6% cap rate
  • Remodeled from gut to stud about 6 years ago with new electricity, new plumbing, newer roof, and new sheetrock
  • Separate utilities with tenants paying heat and hot water

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Alex Wired Contractor ... Construction Company

Suggested Use

Parking Lot & Garage Law Firm (Bike/Boat/Book/etc) Store Nursing Home Restaurant Nursing Home Fish Market Catering Service (Bike/Boat/Book/etc) Store Restaurant

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

FAQs

What type of property is this?
Quadplex - Remodeled four-unit building with separate utilities and tenant-paid heat and hot water for practical, low-touch operations.
Where is this quadplex located?
The property is located at 56 HAMILTON AVE Fairview, NJ.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: 4‑family property with a stated 7.6% cap rate; Remodeled from gut to stud about 6 years ago with new electricity, new plumbing, newer roof, and new sheetrock; Separate utilities with tenants paying heat and hot water
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