This home's estimate is 4.8% lower than the average sale price ($425K) of 6 comparable homes.
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331 Colonial Ave, Hamilton, NJ 08610
About this home
Investor alert!!!! Here is your opportunity to purchase a tenant occupied duplex in Hamilton. Purchasing this property will bring cashflow immediately. If you are just starting out or looking to expand your portfolio, then you need to jump on this property. Unit 1 is 2 bed / 1 bath and has many upgrades and was originally owner occupied but now has a long term tenant that is moving out 9/15/21. The bathroom was recently fully renovated. The other bedroom is currently being used as a large walk-in closet by the current tenant but could be converted back in the future. Unit 2 is also a 1 bed / 1 bath with carpeted living area, LVP kitchen floors and a recently replace hot water heater. There is a large yard and basement laundry. ! Great Location! Conveniently located near Routes 130, 206, 295, 195 and New Jersey Turnpike and 10 minutes from the Hamilton train station and Joint Base Mcguire-Dix-Lakehurst. Make an appointment today to see this wonderful property!
Redfin Estimate
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Market trends in 08610, NJ
Last updated September 2026
Buyer's Market
Seller's Market
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Provided by Redfin
Sale history for 331 Colonial Ave
$204/sq ft
$200/sq ft
$204/sq ft
$200/sq ft
$204/sq ft
$195/sq ft
$195/sq ft
$195/sq ft
Tax history for 331 Colonial Ave
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- # of Total Garage and Parking Spaces: 6
- Driveway - # of Spaces: 6
- Asphalt Driveway
- Driveway
Interior
- Interior Information
- Living Area Sq.Ft. Source: Assessor
- Basement Information
- Basement: Yes
- Full, Interior Access
Exterior
- Property Information
- Total Below Grade Sq. Ft.: 0
- Improvement Assessed Value: $126,100
- Ownership Interest: Fee Simple
- Year Built Source: Assessor
- Building Information
- # of Levels (Total): 2
- # of Units (Total): 2
- Construction Materials: Frame
- Other Structures: Above Grade, Below Grade
- Roof: Architectural Shingle
- Structure Type: Detached
- Lot Information
- Lot Size Dimensions: 50.00 x 200.00
- Lot Dimensions Source: Assessor
- Tidal Water: No
- Land Information
- Land Assessed Value: $61,000
- Above Grade Information
- Finished Sq.Ft.: 1,224
- Finished Sq.Ft. Source: Assessor
- Below Grade Information
- Unfinished Sq.Ft. Source: Assessor
- Finished Sq.Ft. Source: Assessor
Financial
- Tax Information
- Tax Assessed Value: $187,100
- Tax Year: 2020
- Tax Annual Amount: $5,862
- Assessments Information
- Year Assessed: 2020
Utilities
- Utilities Information
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Forced Air
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
- Sewer Septic: Public Sewer
- Water Source: Public
Location
- Multi Unit Information
- # of One Bedroom Units: 1
- # of Two Bedroom Units: 1
- # of Units Leased: 2
- # of Month To Month Units: 2
- Other Units: Unit 1,Unit 2
- School Information
- School District Name: HAMILTON TOWNSHIP
- School District Source: 3rd Party
- Location Information
- Directions: Areana Drive to Colonial
- Municipality: HAMILTON TWP
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: 1,224
- Stories: 1.0
- Lot Size: 10,001 square feet
- Style: Single Family Residential
- Year Built: 1952
- Year Renovated: —
- County: Mercer County
- APN: 0302472 00020
Around this home
Schools
Public K-5 • Assigned • 0.2mi
Public 6-8 • Assigned • 0.9mi
Public 9-12 • Assigned • 1.0mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
0.31% chance of being in a wildfire in next 30 years
7 days above 101° expected this year, 15 days in 30 years
27% chance of strong winds in next 30 years
6 unhealthy days expected this year, 8 days in 30 years
Sun exposure
In this area, properties receive around 8.7 hours in June and 4.4 hours in December, placing it below the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 08610
Home values near 331 Colonial Ave
| Address | Redfin Estimate |
|---|---|
2 Beds | 2 Baths | - Sq. Ft. | $392,591 |
3 Beds | 1 Baths | 1246 Sq. Ft. | $385,719 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1552 Sq. Ft. | $298,677 |
- Beds | - Baths | 1005 Sq. Ft. | $343,613 |
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | 883 Sq. Ft. | $268,992 |
- Beds | - Baths | 1176 Sq. Ft. | $362,196 |
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