Excellent opportunity to own a multi-family cash flowing machine, blocks from Rutgers University and Robert Wood Johnson Hospital! 228 Hamilton St is a 7 bedroom 2 family house in Ward 5 of New Brunswick ready for its next owner. Apt 1 is 3 bedrooms with rent of $2050 and Apt 2 is 4 bedrooms with rent of $2788. $58,056 a year in rent! Both apartments have forced heat, separate utilities and laundry in the basement. Multi-family homes with this size bedroom count are cash flowing machines in this town. Very easy to rent. This is your chance!
Sold for $620,000
Street View
$620,000
228 Hamilton St, New Brunswick, NJ 08901
7beds
2baths
1,824sqft
Multi Family
Built in 1922
-- sqft lot
$645,300 Zestimate®
$340/sqft
$2,587 Estimated rent
Home value
$645,300
$581,000 - $716,000
$2,587/mo
Zestimate® history
Owner options
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$2,587/mo
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$2,587/mo
Rent Zestimate®
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$4,261/mo
Est. payment
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$4,261/mo
Est. payment
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Forced heatLaundry in the basementSeparate utilities
Zillow last checked:
Listing updated:
Listed by:
PETER TVERDOV,
TVERDOV HOUSING 732-344-0701
Source: All Jersey MLS,MLS#: 2502113R
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 2
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Water Heater(Gas), Water Heater
Features
- Unit 1(3 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(4 Bedrooms, Kitchen, 1 Bath, Living Room)
- Basement: Full, Storage Space, Utility Room
Interior area
- Total structure area: 1,824
- Total interior livable area: 1,824 sqft
Property
Features
- Stories: 2
Lot
- Size: 2,500 sqft
- Dimensions: 100.00 x 25.00
- Features: Near Shopping, Near Train
Details
- Parcel number: 1300419000000053
- Zoning: R-5A
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1922
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Gas In Street
Community & neighborhood
Location
- Region: New Brunswick
Other
Other facts
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 12/30/2024 | Sold | $620,000$340/sqft |
Source:  All Jersey MLS #2502113R Report a problem | ||
| 10/3/2024 | Contingent | $620,000$340/sqft |
Source: All Jersey MLS #2502113R Report a problem | ||
| 9/3/2024 | Price change | $620,000-4.6%$340/sqft |
Source: All Jersey MLS #2502113R Report a problem | ||
| 8/15/2024 | Listed for sale | $650,000+20.4%$356/sqft |
Source: All Jersey MLS #2502113R Report a problem | ||
| 9/17/2018 | Sold | $540,000-9.8%$296/sqft |
Source: Public Record Report a problem | ||
| 3/9/2018 | Listed for sale | $599,000$328/sqft |
Source: C-21 BARROOD REALTORS #1820708 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,527 | $516,500 |
| 2024 | $13,527 +3% | $516,500 |
| 2023 | $13,135 +2.2% | $516,500 |
| 2022 | $12,856 +0.4% | $516,500 |
| 2021 | $12,804 +34.8% | $516,500 |
| 2020 | $9,497 -22.4% | $516,500 |
| 2019 | $12,231 | $516,500 |
| 2018 | $12,231 +36.7% | $516,500 |
| 2017 | $8,946 +2.4% | $516,500 +238.7% |
| 2016 | $8,732 +1.8% | $152,500 |
| 2015 | $8,577 +0.8% | $152,500 |
| 2014 | $8,508 +4.6% | $152,500 |
| 2012 | $8,133 +15.1% | $152,500 |
| 2011 | $7,067 +2.7% | $152,500 +11.4% |
| 2010 | $6,882 +2.9% | $136,900 |
| 2009 | $6,686 | $136,900 |
| 2008 | -- | $136,900 |
| 2007 | -- | $136,900 |
| 2006 | -- | $136,900 |
| 2005 | -- | $136,900 |
| 2004 | $5,435 | $136,900 |
| 2003 | -- | $136,900 |
Find assessor info on the county website
Neighborhood: 08901
Nearby schools
GreatSchools rating
- 4/10Lincoln Elementary SchoolGrades: K-5Distance: 0.3 mi
- 5/10Blanquita B. Valenti Community SchoolGrades: K-8Distance: 0.5 mi
- 2/10New Brunswick High SchoolGrades: 9-12Distance: 1.8 mi
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Estimated market value
$645,300
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
$645,300
- New Jersey
- Middlesex County
- New Brunswick
- 08901
- 228 Hamilton St
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