Stabilized Multifamily
For Sale
Contact for pricing
62 King Cole Road, Hamburg, NJ 07419
Two stabilized multifamily properties in Sussex County, including a long-term dental office tenant.
Property SizeContact for details
Days on Market97
Property Features for 62 King Cole Road
General Information
Standard status
Active
Property subtype
Multifamily
Investment Type
Stabilized
Net Operating Income
$342,760
Building Details
Buildings
2
Units
38
Tenancy
Multi
Listing Agency:
Sage Investment Real Estate Advisors
Listed By:
Katie Migner · License #0123902
Source:
Crexi
Added: Jun 3
Changed: Aug 13
Last Checked: Sep 7 at 9:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sage Investment Real Estate Advisors
Investment Insights
Based on property information with market context.
This offering presents a stabilized residential portfolio consisting of two properties in Sussex County, New Jersey: 62 King Cole Road in Hamburg and The Creamery at 16 Walling Avenue in Sussex. The portfolio features a mix of apartment homes designed to appeal to a broad renter base seeking quality suburban housing in Northern New Jersey.
The Creamery additionally includes a long-term retail tenant occupied by a dental office, providing added tenancy diversification alongside the apartment community. Both properties are described as located within established residential communities, with proximity to major transportation routes, local retail amenities, and regional employment centers.
For investors and buyers seeking well-maintained multifamily assets, the portfolio is presented with stable occupancy and is positioned as a practical way to acquire both residential units and a long-term medical/dental tenant within the same overall strategy. The two-building configuration offers separate addresses under one offering while maintaining the common theme of suburban rental housing in Northern New Jersey.
The Creamery additionally includes a long-term retail tenant occupied by a dental office, providing added tenancy diversification alongside the apartment community. Both properties are described as located within established residential communities, with proximity to major transportation routes, local retail amenities, and regional employment centers.
For investors and buyers seeking well-maintained multifamily assets, the portfolio is presented with stable occupancy and is positioned as a practical way to acquire both residential units and a long-term medical/dental tenant within the same overall strategy. The two-building configuration offers separate addresses under one offering while maintaining the common theme of suburban rental housing in Northern New Jersey.
Key Highlights
- Two stabilized multifamily properties in Sussex County, NJ: 62 King Cole Road (Hamburg, NJ) and 16 Walling Avenue (Sussex, NJ)
- Portfolio includes a long‑term retail tenant occupied by a dental office at The Creamery on 16 Walling Avenue
- Provides apartment‑housing mix designed to appeal to a broad renter base seeking quality suburban housing in Northern New Jersey
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
156
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 07419, NJ
9,378
Population
4,637
Households
2
Avg Household Size
47
Median Age
39%
College-Educated
96%
High-School Grad
17.1 sq mi
ZIP Area
548
Density / Sq Mi
$109,325
Median Household Income
$62,052
Median Earnings
$1,721
Median Rent
$297,300
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Two stabilized multifamily properties in Sussex County, including a long-term dental office tenant.
Where is this medical office space located?
The property is located at 62 King Cole Road Hamburg, NJ.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Two stabilized multifamily properties in Sussex County, NJ: 62 King Cole Road (Hamburg, NJ) and 16 Walling Avenue (Sussex, NJ); Portfolio includes a long‑term retail tenant occupied by a dental office at The Creamery on 16 Walling Avenue; Provides apartment‑housing mix designed to appeal to a broad renter base seeking quality suburban housing in Northern New Jersey
