Property
Hamilton, NJ 08609 12 Adella Avenue
$2,400,000
22 more
Presented By: RE/MAX First Realty II
SQFT • 12,800
SQFT • 12,800Home Details
Excellent investment opportunity to acquire 10 fee-simple row homes sold together as a package, all located on the same street, offering a rare combination of scale, efficiency, and long-term upside. The portfolio features a strong, documented rental history with 5 of the 10 units being section 8, low property taxes, and half of the units already renovated, allowing a new owner to benefit from immediate cash flow with additional value-add potential in the remaining homes. All lead paint inspections are current, minimizing future compliance concerns and creating a smoother transition for ownership. This is an ideal opportunity for a buy-and-hold investor, 1031 exchange, or portfolio expansion, with multiple income streams in one clean, consolidated acquisition.
Presented By: RE/MAX First Realty II
Interior Features for 12 Adella Avenue
Other Interior Features
Central Air Y/NNo
FlooringCeramic Tile, Luxury Vinyl Plank, Carpet
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
General for 12 Adella Avenue
Acceptable FinancingBank Portfolio, Cash, Conventional
AccessibilityNone
Association Recreation FeeN
Business TypeApartment Building
CityHAMILTON
Construction MaterialsFrame
Cool FuelNone
CoolingNone
CountyMERCER
DirectionsWhitehead Rd to Adella
DisclosuresAgent has Financial Interest, Owner RE Licensee
ExclusionsTenants Belongings
HeatingForced Air, Baseboard - Hot Water, Radiator
Lot Size Square Feet1603.00
Lot Size UnitsSquare Feet
MLS AreaHamilton Twp (21103)
MunicipalityHAMILTON TWP
New ConstructionNo
Number Of Units Total10
OwnerPaysSewer, Snow Removal, Taxes - Real Estate, Water
OwnershipFee Simple
PossessionDelay Settlement
Property ConditionGood
Property SubtypeFive Or More Units
Property TypeCommercial Sale
RoofFlat, Pitched
SewerPublic Septic
Standard StatusActive
StatusACTIVE
Tax Annual Amount2024.0
Tax Assessed Value54600.0
Tax Lot00018
Tax Year2025
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1900
Year Built SourceAssessor
ZoningRESIDENTIAL
Exterior for 12 Adella Avenue
Building Area Total0.00
Car Parking Spaces
Land Assessed Value18200.00
Land Use Code
Lot Dimensions16.05 x 100.00
Lot Size Acres0.04
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
Charles Torres
Owner