Hamilton, NJ 08610 718 Rennie Street

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Presented By: Coldwell Banker Residential Brokerage - Princeton
  • MLS# NJME2054276
  • 02/07/2025
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  • SQFT • 9,600

Home Details

Excellent investment opportunity! This unique property offers a single-story, 9,600 +/- square-foot masonry building and an income-producing residential duplex. The warehouses 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 406408 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.
Presented By: Coldwell Banker Residential Brokerage - Princeton

Interior Features for 718 Rennie Street

Other Interior Features

Central Air Y/NYes
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 718 Rennie Street

Acceptable FinancingCash, Conventional
AccessibilityNone
Business TypeWarehouse
CityHAMILTON
Construction MaterialsBlock
Cool FuelElectric
CoolingOther, Central A/C
CountyMERCER
DirectionsPark Ave >>Berg Ave>>Rennie St
DisclosuresAgent Related to Owner
Electric200+ Amp Service
HeatingOther
Lease Considered Y/NNo
Lot Size Square Feet9601.00
Lot Size UnitsSquare Feet
MLS AreaHamilton Twp (21103)
ModificationTimestamp2025-05-20T19:47:46
MunicipalityHAMILTON TWP
New ConstructionNo
Number Of Units Total0
OwnershipFee Simple
PossessionCoin w/Sell Sett
Price Per Sq Ft Total AG121.55
Property SubtypeOther
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive Under Contract
StatusACTIVE UNDER CONTRACT
Tax Annual Amount10825.0
Tax Assessed Value307200.0
Tax Lot00001
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1935
Year Built SourceAssessor
ZoningR-7

Exterior for 718 Rennie Street

Building Area Total9601.00
Inclusions406 -408 Berg Ave. MLS# NJME2054258
Land Assessed Value47400.00
Land Use Code
Lot Dimensions150.00 x 64.00
Lot Size Acres0.22
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks1
Total Parking Spaces0
Type of ParkingNone
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
WaterfrontY/NNo

Additional Details

Price History

Aleksandar Tomic

Real Estate Professional
Price $1,167,000
MLS#NJME2054276
List Date 02/07/2025
Property Type Contingent
Phone 571.207.5186
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