Active

MLS: #NJME2071430, Listed By: Olivier Louis, RE/MAX First Realty II, Source:Bright MLS

12 Adella Avenue

HAMILTON, NJ 08609

$2,400,000 $10,118/Mo

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Overview

Bed

Bath

1,280

Sqft

0.04

Acre(Lot)

Description

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.

Property Details

Property Type : Residential Income

Price : $2,400,000

AD Id : 73009117

MLS Id : NJME2071430

Beds : 30

Lot Size : 0.04 Acre

Living Area Size : 1,280

Year Built : 1900

County : MERCER

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 30
Flooring Information

Ceramic Tile, Carpet, Vinyl
Roofing Information

Flat
Interior Features

Roof: Flat Appliances: Gas Water Heater
Heating & Cooling

Has Heating: Yes Heating: Natural Gas, Forced Air, Baseboard, Radiant Cooling: None

Building Information

Year Built: 1900 Building Area Total: 1280 Construction Materials: Frame Pool Features: None Private Pool: No

Lot Information

Lot Dimensions: 16.05 x 100.00 Lot Size Acres: 0.04 Lot Size Source: Estimated Lot Size Square Feet: 1603

Listing Price Information

Listing Price: $2400000

Tax Information

Parcel Number: 03-01641-00018 Tax Lot: 00018 Tax Year: 2025 Annual Tax: $2024

Parking Information

On Street

Location Information

Direction: Whitehead Rd to Adella WaterSource: Public

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ByOwner last updated this listing 06/16/2026 @ 02:36

MLS: NJME2071430 LISTED BY: Olivier Louis, RE/MAX First Realty II 908-664-1500 SOURCE: Bright MLS