1523 CORNELL AVE Under Contract

Hamilton Township,NJ 08619

$ 225000

3 Beds

2 Baths

1552 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Under Contract

Purchase Type For Sale

Square Footage 1,552 sqft

Price per Sqft $144

Subdivision None Available

MLS Listing ID NJME2062140

Style Traditional

Bedrooms 3

Full Baths 2

Year Built 1930

Annual Tax Amount $3,798

Tax Year 2024

Lot Size 3,999 Sqft

Property Sub-Type Detached

Property Description

This detached Colonial-style home offers a rare opportunity for investors, contractors, or ambitious homeowners looking to build equity through a major renovation. Previously configured as a 4-bedroom, 2 full bath home, the layout was modified by the current owners to create a spacious primary bedroom, resulting in a current 3-bedroom setup. The home was impacted by fire but has been deemed structurally sound through a professional insurance investigation.

Inside, the home boasts a phenomenal first-floor layout, featuring a generously sized living room, a formal dining room, and a galley-style kitchen complete with a butler's pantry—ideal for entertaining and everyday functionality.

Additional highlights include an unfinished walk-up attic with potential for additional living space, a full basement with washer and dryer hookups, oil heat, public water, and public sewer. The large, fenced-in yard provides ample space for outdoor enjoyment, and a variance has already been granted for a future garage build—adding even more value to the property.

Please Note: This home requires a full rehab due to fire and smoke damage. After-repair value (ARV) is estimated to be upwards of $440,000, offering significant upside for the right buyer.

Bring your vision and contractor—this is a rare chance to turn damage into opportunity!

Location

State NJ

County Mercer

Area Hamilton Twp (21103)

Zoning RESIDENTIAL

Rooms

Other Rooms Living Room,Dining Room,Kitchen,Attic

Interior

Hot Water None

Heating None

Cooling None

Inclusions all personal belongings left inside the premises and on exterior of property at the time of settlement. Seller reserves the right to remove personal belongings until the day of closing.

Laundry Basement

Exterior

Exterior Feature Porch(es),Patio(s)

Garage Spaces 2.0

Fence Fully

Water Access N

Roof Type Unknown

Building

Story 2

Foundation Block

Sewer Public Sewer

Water Public

New Construction N

Schools

Elementary Schools Hamilton

Middle Schools Hamilton

High Schools Nottingam

School District Hamilton Township

Others

Acceptable Financing Cash,FHA 203(b),FHA 203(k)

Listing Terms Cash,FHA 203(b),FHA 203(k)

Special Listing Condition Standard

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