Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3659 Nottingham Way Hamilton, NJ 08690-2609

    • Commercial real estate
    • 4,085 SF
    • 0.88 lot acres
    OFF-MARKET
    Last Sale
    Jun 06, 2022
    $1,850,000
    Value Estimations
    $1,825,000
    Show details
    Cap Rate Potential
    3%
    Commercial real estate
    Location Intelligence
    Property ID
    US59-0808690
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • 1st Constitution Bank / Bank / Loan Service
    • Lakeland Bank / Bank / Loan Service

    Property Details for 3659 Nottingham Way

    Year built
    1920
    Construction
    CONCRETE BLOCKS
    Lot size
    0.88 lot acres
    Property size
    4,085 SF
    Property type
    Commercial real estate
    APN
    03 01835-0000-00008
    APU
    301835000000008

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,790,000
      ML approach
      $1,815,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,210,000
      Market price range: $534k - $1.21M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Hamilton
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.6629
    Latitude
    40.2301
    CBSA code
    45940
    CBSA name
    TRENTON-EWING, NJ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $39,743
    $277,800
    $967,700
    $1,245,500
    -
    $277,800
    $967,700
    $1,245,500

    Comparable in this City

    • Value Estimation
      $3,460,000
      20,026 SF

      2200 Hwy 33

      COMMERCIAL (GENERAL) • 20,026 SF
      2200 Hwy 33, Hamilton, NJ 08690-1718
      View Details
    • Value Estimation
      $5,000,000
      22,881 SF

      2281-2283- State Hwy 33

      COMMERCIAL (GENERAL) • 22,881 SF
      2281-2283- State Hwy 33, Hamilton, NJ 08690
      View Details
    • Value Estimation
      $1,610,000
      8,904 SF

      1777 Kuser Rd

      COMMERCIAL (GENERAL) • 8,904 SF
      1777 Kuser Rd, Hamilton, NJ 08690-3703
      View Details
    • Value Estimation by Request

      1 Hamilton Health Pl

      COMMERCIAL (GENERAL)
      1 Hamilton Health Pl, Hamilton, NJ 08690-3542
      View Details
    • Value Estimation
      $1,475,000
      8,247 SF

      25 George Dye Rd, Unit 45

      COMMERCIAL (GENERAL) • 8,247 SF
      25 George Dye Rd, Hamilton, NJ 08690-1721
      View Details
    • Value Estimation
      $1,490,000
      9,224 SF

      1951 Hwy 33rd, Unit 1961

      COMMERCIAL (GENERAL) • 9,224 SF
      1951 Hwy 33rd, Hamilton, NJ 08690-1713
      View Details

    Similar Nearby for Sale

    • $949,000
      4,275 SF

      Lifestyle Garden Center & Home

      Hamilton Township, NJ Mixed-Use Investment
      1181 Hughes Dr, Hamilton Township, NJ 08690
      View Details
    • $3,495,000
      1.70 Acres

      Route 33 Hamilton Commercial Land

      Prime 1.7-Acre Commercial Lot
      1117 Nj-33, Hamilton Township, NJ 08690
      View Details
    • $779,500
      4,032 SF

      Highway 33 Office Space

      Office space available for sale on Highway 33.
      2273 Highway 33, Trenton, NJ 08690
      View Details
    • $250,000

      Professional Condo Near RWJ Hamilton

      Versatile condo ideal for medical or professional use.
      2081 Klockner Rd, Hamilton, NJ 08690
      View Details
    • Contact for pricing
      4.01 Acres

      Hamilton Office Suite - Prime Location

      Modern medical/professional office suite with ample parking.
      1374 Whitehorse Hamilton Square Rd, Hamilton, NJ 08690
      View Details
    • $835,000
      4,032 SF

      Hamilton Township Medical Office

      Prime Medical Office Building, Fee Simple
      2273 Nj-33, Hamilton Township, NJ 08690
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr

      Office Space on Route 33

      2,200 sq ft office space for lease in Hamilton, NJ.
      1905 Rte 33, Hamilton, NJ 08690
      View Details
    • $2,200 /Mo
      1,120 SF

      Grandville Arms Rental Opportunity

      Two-bedroom, two-bath rental with wooded privacy near Veterans Park.
      615 Silver Ct, Hamilton, NJ 08690
      View Details
    • $19 SF/Yr
      5,280 SF

      Madison Office Building: Hamilton Twp

      Hamilton Office Suites: 442-5280 sq ft
      2561 Yardville Hamilton Sq Rd, Hamilton Township, NJ 08690
      View Details
    • $3,500 /Mo

      Highway Route 33 Office Space

      Second-floor office space on heavily traveled Route 33.
      1905 Rte 33, Hamilton, NJ 08690
      View Details
    • $28 SF/Yr
      1,000 SF

      Retail Space on Highway 33

      Retail space available for lease on Highway 33.
      1629 Highway 33, Trenton, NJ 08690
      View Details
    • $23 SF/Yr
      1,020 SF

      Two-Story Office Building For Rent

      35,000 SF office building near hospital and Veterans Park.
      1660 Whitehorse Hamilton Square Rd, Trenton, NJ 08690
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3659 Nottingham Way
    Hamilton, NJ 08690-2609
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.