Listed by Junio M. Fermin HP Properties
Bought with Pamela Nunez Keller Williams City Views Realty

$1,265,000

Est. payment -/mo

$1,395,000

9.3%

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

56 Hamilton AVE Fairview, NJ 07022

8 Beds

4 Baths

SOLD DATE : 11/05/2026

Key Details

Sold Price $1,265,000

Property Type Multi-Family

Sub Type 4 Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 26018581

Sold Date 11/05/26

Style 4 Family

Bedrooms 8

Full Baths 4

Property Sub-Type 4 Family

Property Description

4 FAMILY WITH A 7.6% CAP RATE, THIS PROPERTY WAS REMODELED FROM GUT TO STUD ABOUT 6 YEARS AGO, NEW ELECTRICITY, NEW PLUMBING, NEWER ROOF, NEW SHEETROCK, PROPERTY HAS SEPARATE UTILITIES, TENANTS PAY HEAT & HOT WATER, FIRST FLOOR FEATURES 2 APTS, ONE HAS A TWO BEDROOM UNIT AND THE OTHE APT HAS A 1 UNIT APT. SECOND FLOOR HAS 3 BEDROOMS. 1 FB. 3RD FLOOR HAS 2 BEDROOMS, FULL BATH, DECK WITH PARIAL NYC VIEW, NYC TRANSPORTATION 1 BLOCK AWAY. NEXT TO NORTH HUDSON PARK. EXPENSES= water & sewer $4,800, insurance $6,000. taxes $21,045, total expenses, $31,845. total income $11,500 x 12=$138,000 net income $106,155.00