# 481 Hamilton St, Franklin Twp, NJ 08873-2663 > **TL;DR:** 6bd/3ba residential multi family, $688,000 ($478/sqft), built 1950, 1,440 sqft. Est. $3,680/mo. Listed 35 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $688,000 | | Price/sqft | $478 | | Bedrooms | 6 | | Bathrooms | 3 full | | Square Feet | 1,440 | | Year Built | 1950 | | Lot Size | 3,485 sqft (0.08 acres) | | Stories | 2 | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 35 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $3,479 | | Estimated Insurance | $201 | | **Total** | **$3,680** | ## Nearby Schools - **Elementary:** PINE GROVE - **Middle:** FRANKLIN - **High:** FRANKLIN ## Property Highlights - Built in 1950 - 0.08 acre lot - 2 stories - 2 parking spaces ## Description ### Agent Description 481 Hamilton Street (Block 194, Lot 129) presents an exceptional value-add opportunity in Franklin Township's High-Business District (HBD) zone. Featuring a versatile multi-unit residential configuration, verified by Township as a legal use of pre-existing non-conforming 2-family. This property is ideally suited for investors, contractors, or buyers looking to maximize income potential. Situated on a high-visibility corridor close to local shopping, public transportation, and major commuter routes into New Brunswick, this property offers incredible upside. Property is being sold in 'as-is' condition. Bring your imagination and vision to unlock the full potential of this prime Somerset location! This well-maintained 2 family home offering the perfect blend of flexibility and income potential. The home features two bedroom, 1 full bath unit on lower level, and 2+2 bedrooms , 2 full bath room on top level. Driveway parking with large backyard. Perfect for a new owner to move right in while collecting rent from the other unit, or easily leased for additional cash flow. Separate gas and electric meters, tenants pay all utilities, includes heat, electricity, water, sewer, trash etc. Low taxes.A potential 7.3%+ cap rate ## Location - **Address:** 481 Hamilton St, Franklin Twp, NJ 08873-2663 - **County:** Somerset - **Coordinates:** 40.49524, -74.46292 - **Google Maps:** https://www.google.com/maps?q=40.49524,-74.46292 ## Listing Agent - **Name:** XIANGHUI LOTUS ZHANG - **Brokerage:** Elite Realtors of New Jersey - **Broker Phone:** (973) 994-9009 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/481-Hamilton-St_Somerset_NJ_08873_M63039-85042?f=listhub&s=GSMLSNJ&m=4055764&c=propsimple) ## Photos ![481 Hamilton St - Photo 1](http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f3090416798r.jpg) ![481 Hamilton St - Photo 2](http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f1426379721r.jpg) ![481 Hamilton St - Photo 3](http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f1726742063r.jpg) ![481 Hamilton St - Photo 4](http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f3646144015r.jpg) ![481 Hamilton St - Photo 5](http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f2135520050r.jpg) ![481 Hamilton St - Photo 6](http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f267037480r.jpg) ![481 Hamilton St - Photo 7](http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f3824881010r.jpg) ![481 Hamilton St - Photo 8](http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f3804313287r.jpg) ![481 Hamilton St - Photo 9](http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f1743476443r.jpg) ![481 Hamilton St - Photo 10](http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f3316131761r.jpg) ![481 Hamilton St - Photo 11](http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f2926323942r.jpg) ![481 Hamilton St - Photo 12](http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f978659644r.jpg) ![481 Hamilton St - Photo 13](http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f2928043973r.jpg) ![481 Hamilton St - Photo 14](http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f623462053r.jpg) ![481 Hamilton St - Photo 15](http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f3719571545r.jpg) ![481 Hamilton St - Photo 16](http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f3228743844r.jpg) ![481 Hamilton St - Photo 17](http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f3911276862r.jpg) ![481 Hamilton St - Photo 18](http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f2667241093r.jpg) ![481 Hamilton St - Photo 19](http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f929920063r.jpg) ![481 Hamilton St - Photo 20](http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f3022757362r.jpg) ![481 Hamilton St - Photo 21](http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f1787795626r.jpg) ![481 Hamilton St - Photo 22](http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f1661147035r.jpg) ![481 Hamilton St - Photo 23](http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f2460480633r.jpg) ![481 Hamilton St - Photo 24](http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f2934262000r.jpg) ![481 Hamilton St - Photo 25](http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f172568634r.jpg) ![481 Hamilton St - Photo 26](http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f3075058190r.jpg) --- **MLS#:** 4055764 | **Updated:** 2026-10-23 **Source:** listhub *Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/481-hamilton-st-franklin-twp-nj-08873-2663-6db3e59fe1564611a9386d219bb73d27) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/481-hamilton-st-franklin-twp-nj-08873-2663-6db3e59fe1564611a9386d219bb73d27#listing", "url": "https://www.propertysimple.ai/listing/481-hamilton-st-franklin-twp-nj-08873-2663-6db3e59fe1564611a9386d219bb73d27", "name": "481 Hamilton St, Franklin Twp, NJ 08873-2663", "description": "481 Hamilton Street (Block 194, Lot 129) presents an exceptional value-add opportunity in Franklin Township's High-Business District (HBD) zone. Featuring a versatile multi-unit residential configuration, verified by Township as a legal use of pre-existing non-conforming 2-family. This property is ideally suited for investors, contractors, or buyers looking to maximize income potential. Situated on a high-visibility corridor close to local shopping, public transportation, and major commuter routes into New Brunswick, this property offers incredible upside. Property is being sold in 'as-is' condition. Bring your imagination and vision to unlock the full potential of this prime Somerset location! This well-maintained 2 family home offering the perfect blend of flexibility and income potential. The home features two bedroom, 1 full bath unit on lower level, and 2+2 bedrooms , 2 full bath room on top level. Driveway parking with large backyard. Perfect for a new owner to move right in while collecting rent from the other unit, or easily leased for additional cash flow. Separate gas and electric meters, tenants pay all utilities, includes heat, electricity, water, sewer, trash etc. Low taxes.A potential 7.3%+ cap rate", "image": [ "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f3090416798r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f1426379721r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f1726742063r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f3646144015r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f2135520050r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f267037480r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f3824881010r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f3804313287r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f1743476443r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f3316131761r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f2926323942r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f978659644r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f2928043973r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f623462053r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f3719571545r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f3228743844r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f3911276862r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f2667241093r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f929920063r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f3022757362r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f1787795626r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f1661147035r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f2460480633r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f2934262000r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f172568634r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f3075058190r.jpg" ], "primaryImageOfPage": { "@type": "ImageObject", "url": "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f3090416798r.jpg", "caption": "481 Hamilton St - Franklin Twp, NJ" }, "datePosted": "2026-09-29", "dateModified": "2026-10-23T19:23:32.725Z", "mainEntity": { "@type": "Accommodation", "@id": "https://www.propertysimple.ai/listing/481-hamilton-st-franklin-twp-nj-08873-2663-6db3e59fe1564611a9386d219bb73d27#property", "name": "481 Hamilton St, Franklin Twp, NJ 08873-2663", "address": { "@type": "PostalAddress", "streetAddress": "481 Hamilton St", "addressLocality": "Franklin Twp", "addressRegion": "NJ", "postalCode": "08873-2663", "addressCountry": "US" }, "geo": { "@type": "GeoCoordinates", "latitude": 40.49524, "longitude": -74.46292 }, "image": [ "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f3090416798r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f1426379721r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f1726742063r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f3646144015r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f2135520050r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f267037480r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f3824881010r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f3804313287r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f1743476443r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f3316131761r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f2926323942r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f978659644r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f2928043973r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f623462053r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f3719571545r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f3228743844r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f3911276862r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f2667241093r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f929920063r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f3022757362r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f1787795626r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f1661147035r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f2460480633r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f2934262000r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f172568634r.jpg", "http://lh.rdcpix.com/521b647379dda2964be27aaf594e46afl-f3075058190r.jpg" ], "identifier": { "@type": "PropertyValue", "propertyID": "MLS", "value": "4055764" }, "accommodationCategory": "Other", "numberOfBedrooms": 6, "numberOfBathroomsTotal": 3, "numberOfFullBathrooms": 3, "floorSize": { "@type": "QuantitativeValue", "value": 1440, "unitCode": "FTK", "unitText": "square feet" }, "yearBuilt": 1950, "amenityFeature": [ { "@type": "LocationFeatureSpecification", "name": "Heating", "value": "Hot Water(Heating), Baseboard" }, { "@type": "LocationFeatureSpecification", "name": "Pool Features", "value": "Porch" } ], "additionalProperty": [ { "@type": "PropertyValue", "name": "Lot Size", "value": "0.08 acres" }, { "@type": "PropertyValue", "name": "Stories", "value": 2 }, { "@type": "PropertyValue", "name": "Parking Spaces", "value": 2 }, { "@type": "PropertyValue", "name": "Property Subtype", "value": "Other" } ] }, "offers": { "@type": "Offer", "@id": "https://www.propertysimple.ai/listing/481-hamilton-st-franklin-twp-nj-08873-2663-6db3e59fe1564611a9386d219bb73d27#offer", "url": "https://www.propertysimple.ai/listing/481-hamilton-st-franklin-twp-nj-08873-2663-6db3e59fe1564611a9386d219bb73d27", "price": 688000, "priceCurrency": "USD", "businessFunction": "http://purl.org/goodrelations/v1#Sell", "availability": "https://schema.org/InStock", "seller": { "@id": "https://www.propertysimple.ai/listing/481-hamilton-st-franklin-twp-nj-08873-2663-6db3e59fe1564611a9386d219bb73d27#agent" } }, "provider": { "@type": "Person", "@id": "https://www.propertysimple.ai/listing/481-hamilton-st-franklin-twp-nj-08873-2663-6db3e59fe1564611a9386d219bb73d27#agent", "name": "XIANGHUI LOTUS ZHANG", "worksFor": { "@type": "Organization", "@id": "https://www.propertysimple.ai/listing/481-hamilton-st-franklin-twp-nj-08873-2663-6db3e59fe1564611a9386d219bb73d27#brokerage", "name": "Elite Realtors of New Jersey", "telephone": "(973) 994-9009", "logo": { "@type": "ImageObject", "url": "http://lh.rdcpix.com/c5ababc31e2cb654011e2ccc0ed80008k-c709441682r.jpg" } } } } ```