Hamilton, NJ 08610,718 RENNIE ST
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Hamilton, NJ 08610,718 RENNIE ST
Hamilton, NJ 08610,718 RENNIE ST
Hamilton, NJ 08610,718 RENNIE ST
Hamilton, NJ 08610,718 RENNIE ST
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$ 1,167,000
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718 RENNIE ST Hamilton, NJ 08610

9,601 SqFt


UPDATED:

02/07/2025 07:00 PM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 9,601 sqft

Price per Sqft $121

MLS Listing ID NJME2054276

Originating Board BRIGHT

Year Built 1935

Annual Tax Amount $10,825

Tax Year 2024

Lot Size 9,601 Sqft

Acres 0.22

Lot Dimensions 150.00 x 64.00

Property Sub-Type Other

Property Description

Excellent investment opportunity! This unique property offers a single-story, 9,600 +/- square-foot masonry building and an income-producing residential duplex. The warehouse's front section features a well-maintained office space, while the rear boasts spacious warehouse facilities with 14-foot ceilings. Additional amenities include a loading dock, a drive-through door (10 feet wide and 14 feet high), two restrooms, 220-volt electrical service, and 900 square feet of clean office space.
The included duplex, located at 406–408 Berg Avenue, currently generates $28,200 annually, with potential to reach $39,000. Unit #1 of the warehouse spans approximately 5,000 square feet, renting for $38,400 per year with room to increase to $60,000. Unit #2 is a mechanics bay with long-term lease in place. Units #3 and #4 can be leased together at approximately 3,840 square feet, or separately at 1,920 square feet each can potentially be leased $2400 a year. The entire property is fenced and the warehouse is equipped with a security system. This is a rare find in a desirable location, offering a mix of residential and industrial income streams. Ideal for contractors, light manufacturers, or investors.

Location

State NJ

County Mercer

Area Hamilton Twp (21103)

Zoning R-7

Interior

Hot Water Natural Gas

Heating Other

Cooling Other, Central A/C

Inclusions 406 -408 Berg Ave. MLS# NJME2054258

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Hamilton Township

Others

Tax ID 03-02325-00001

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard


Bright MLS (BMLS)
Listed by Margaret McCain • Coldwell Banker Residential Brokerage - Princeton
agent

Phil Di Ruggiero

License Partner | Team Leader | License ID: DC SP98360490

+1(202) 725-2250

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718 RENNIE ST