Multiple offers received. Highest and best by 5pm Friday 9/15. *AFFORDABLE LIVING IN SOMERS POINT* - DUPLEX, 2 BEDROOM 1 BATH Rent prices are extreme and won't be changing any time soon. The solution?Purchase a duplex and live in one unit, rent out the other. Take a look at this side-by-side rancher on a quiet street in popular Somers Point. Unit A is vacant and move-in ready - 2 bedrooms, 1 bath and newly renovated. The other unit has an identical layout and is occupied by a long-term tenant for $1500 a month (who always pays on time). Enjoy a fenced in yard, off-street parking, in-unit laundry, dishwasher, gas heat, central A/C, and more. *INVESTORS - POTENTIAL 9-10% CAP RATE* - Tenants pay for all utilities including water, lawn care and snow removal. Landlord's expenses are only $7k taxes, $1200 insurance, and sewer. Occupied unit has yearly lease in place with approximately 11 months left - ideal long-term tenant that always pays on time, $1500 a month. The empty unit is newly renovated and could rent easily for $1700 a month. Easy money so act fast before it's too late. * As-is Sale. A/C isn't working in front unit *
Sold for $326,000
$326,000
15 Hamilton Dr, Somers Point, NJ 08244
4beds
--baths
1,792sqft
Duplex
Built in 1970
-- sqft lot
$424,500 Zestimate®
$182/sqft
$2,021 Estimated rent
Home value
$424,500
$395,000 - $458,000
$2,021/mo
Zestimate® history
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Gas heat
Zillow last checked:
Listing updated:
Listed by:
Rebecca Stiefel 856-325-9542,
RE/MAX Community-Williamstown
Bought with:
Jill Leap
Balsley-Losco Realtors
Source: Bright MLS,MLS#: NJAC2009632
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Window Unit(s), Multi Units, Programmable Thermostat, Natural Gas
Appliances
- Included: Microwave, Dishwasher, Dryer, Exhaust Fan, Oven, Refrigerator, Cooktop, Washer, Water Heater, Electric Water Heater
Features
- Ceiling Fan(s), Combination Dining/Living, Dining Area, Entry Level Bedroom, Family Room Off Kitchen
- Flooring: Laminate
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,792
- Total interior livable area: 1,792 sqft
Property
Parking
- Total spaces: 3
- Parking features: Free, Paved, Off Street, On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: 2+ Access Exits, Accessible Entrance
Features
- Pool features: None
Lot
- Size: 9,000 Square Feet
- Dimensions: 75.00 x 120.00
- Features: Rear Yard, SideYard(s)
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 210072300018
- Zoning: R-1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch/Rambler
- Property subtype: Duplex
Materials
- Frame, Vinyl Siding
- Foundation: Slab
Condition
- Very Good
- New construction: No
- Year built: 1970
- Major remodel year: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Somers Point
- Municipality: SOMERS POINT CITY
Financial & listing details
- Price per square foot: $182/sqft
- Tax assessed value: $214,500
- Annual tax amount: $7,166
- Date on market: 9/9/2023
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Exclusions: Personal Property, Tenant's Personal Property
- Ownership: Fee Simple
- Road surface type: Black Top
Price history
| Date | Event | Price |
|---|---|---|
| 10/20/2023 | Sold | $326,000-0.9%$182/sqft |
Source:  Bright MLS #NJAC2009632 Report a problem | ||
| 9/25/2023 | Pending sale | $329,000$184/sqft |
Source:  SJSRMLS #577603 Report a problem | ||
| 9/9/2023 | Listed for sale | $329,000+46.2%$184/sqft |
Source: SJSRMLS #577603 Report a problem | ||
| 4/23/2021 | Sold | $225,000$126/sqft |
Source: SJSRMLS #544280 Report a problem | ||
| 3/5/2021 | Pending sale | $225,000$126/sqft |
Source: SJSRMLS #544280 Report a problem | ||
| 12/9/2020 | Price change | $225,000-5.9%$126/sqft |
Source: SJSRMLS #544280 Report a problem | ||
| 11/5/2020 | Listed for sale | $239,000$133/sqft |
Source: BHHS FOX and ROACH-Margate #544280 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,671 | $214,500 |
| 2024 | $7,671 +3.1% | $214,500 |
| 2023 | $7,443 +5.4% | $214,500 |
| 2022 | $7,059 +2.1% | $214,500 |
| 2021 | $6,915 +2.9% | $214,500 |
| 2020 | $6,720 +2.2% | $214,500 |
| 2019 | $6,579 +3.7% | $214,500 |
| 2018 | $6,343 +4.7% | $214,500 |
| 2017 | $6,055 +1% | $214,500 |
| 2016 | $5,993 +3.5% | $214,500 |
| 2015 | $5,792 +19.3% | $214,500 |
| 2014 | $4,855 +7.8% | $214,500 +105.5% |
| 2012 | $4,505 -0.5% | $104,400 |
| 2011 | $4,529 +8.2% | $104,400 |
| 2010 | $4,186 +2.7% | $104,400 |
| 2009 | $4,078 +1.7% | $104,400 |
| 2008 | $4,010 +4.2% | $104,400 |
| 2007 | $3,848 | $104,400 |
| 2006 | -- | $104,400 |
| 2005 | -- | $104,400 |
| 2004 | -- | $104,400 |
| 2003 | -- | $104,400 |
| 2002 | -- | $104,400 |
| 2001 | -- | $104,400 |
Find assessor info on the county website
Neighborhood: 08244
Nearby homes
- $--2 bd1 ba1k sqft15 Hamilton Dr #A, Somers Pt, NJ 08244Off Market
- $360,8002 bd1 ba900 sqft13 Hamilton Dr, Somers Point, NJ 08244Off Market
- $330,000-- bd-- ba1.7k sqft17 Hamilton Dr, Somers Point, NJ 08244Sold
- $285,200-- bd-- ba1.4k sqft16 Cooper Dr #16, Somers Point, NJ 08244Off Market
- $221,600-- bd-- ba984 sqft16A Cooper Dr #16A, Somers Point, NJ 08244Off Market
- $288,4002 bd1 ba1.7k sqft14 Cooper Dr, Somers Point, NJ 08244Off Market
- $--2 bd1 ba900 sqft18 Cooper Dr APT A, Somers Pt, NJ 08244Off Market
- $--2 bd1 ba900 sqft18 Cooper Dr #18, Somers Pt, NJ 08244Off Market
Nearby schools
GreatSchools rating
- 4/10Jordan Rd Elementary SchoolGrades: 4-8Distance: 0.6 mi
- 7/10Mainland Regional High SchoolGrades: 9-12Distance: 1.9 mi
- 3/10Dawes Ave Elementary SchoolGrades: PK-3Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Dawes Ave
- Middle: Jordan Rd
- High: Mainland Regional H.s.
- District: Somers Point
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$424,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$424,500
- New Jersey
- Atlantic County
- Somers Point
- 08244
- 15 Hamilton Dr
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