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2426 Nottingham Way 2,742 SF 100% Leased Retail Building Hamilton, NJ 08619 $695,000 ($253.46/SF) 7% Cap Rate
Executive Summary
• Building #1: 2304 SQ FT of office space including private offices, open plan work areas, conference room, and 2 restrooms. Well-kept freestanding buildings on corner property. Centrally located in a busy Hamilton area. Ideal for professional services businesses with easy access to major Central NJ roads, trains, and transportation.
• Building #2: 470 SQ FT separate building being used as a beauty parlor
with tenant lease expiring September 2025.
• Approximately 15 parking spots.
• Conveniently located off exit 63A of route 295 North
• Building #2: 470 SQ FT separate building being used as a beauty parlor
with tenant lease expiring September 2025.
• Approximately 15 parking spots.
• Conveniently located off exit 63A of route 295 North
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,742 SF
Building Class
B
Year Built
1960
Price
$695,000
Price Per SF
$253.46
Cap Rate
7%
NOI
$48,650
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
0.46 AC
Opportunity Zone
Yes
Zoning
CC - downtown or central business district
Parking
15 Spaces (31.91 Spaces per 1,000 SF Leased)
Frontage
33’ on Nottingham Way
Amenities
- Signage
- Air Conditioning
Nearby Major Retailers
Property Taxes
| Parcel Number | 03-01679-0000-00011 | Improvements Assessment | $115,300 |
| Land Assessment | $180,000 | Total Assessment | $295,300 |
Property Taxes
Parcel Number
03-01679-0000-00011
Land Assessment
$180,000
Improvements Assessment
$115,300
Total Assessment
$295,300
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2426 Nottingham Way
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