Sales comparison approach using 3 similar properties sold within 1 mile in the last year. Adjusted for modern updates and larger lot size.
Well-maintained 3BR/2BA Colonial on a Spacious 0.24-Acre Lot
This colonial-style home at 83 Kay Chiarello Way is a documented 3-bedroom, 2-bath property built in 1995 with 1,840 square feet of living area. Sited on a 0.24-acre (10,454 sq ft) level lot, the house combines traditional two-story layout and wood-frame construction with a number of documented modern updates. The Smith Family Trust has retained ownership since the property's construction, and tax and occupancy records indicate the home is owner-occupied.
Internally the property is reported in good condition and includes a recently upgraded kitchen and renovated bathrooms, plus a new HVAC system installed in 2023. Mechanical and comfort features are documented as central air conditioning and forced-air gas heating. The home includes a full, unfinished basement and a fireplace, which add functional space and resale flexibility. Parking is provided by an attached one-car garage and a driveway with roughly two estimated spaces.
From a site and zoning perspective the parcel is in Hamilton Township (R-15 zoning) within Mercer County and the Trenton-Princeton MSA. Utilities are municipal water and sewer with PSE&G gas and electric service. The property is near primary road access—Route 33 is about 0.5 miles away—providing straightforward connections to retail, employment, and regional corridors. Nearby anchors documented in local data include Hamilton Marketplace (1.5 miles), Veterans Park (1 mile), and Robert Wood Johnson University Hospital (approximately 2 miles).
Market context and recent comparable transactions support the local pricing environment: three nearby sales within a one-mile radius closed in the past year and were used in the sales-comparison approach. Lease comparables and a rental estimate suggest a local monthly rent in the $2,450–2,550 range, with a CompCasa rental estimate near $2,500. The community shows moderate inventory and steady demand, with average days on market near 34 and year-over-year appreciation consistent with regional figures. Key verifications recommended by records include roof and foundation inspection and confirmation of lot boundaries before transaction decisions are made.
See the properties helping shape the valuation.
Comparable sales
- Same living area
- Similar lot size
- 2 years older
- Same living area
- Similar lot size
- 5 years older
- Same living area
- Similar lot size
- 6 years older
A 1995 colonial on 0.24 acres.
Building
Site & utilities
Hamilton, NJ
Researched nearby locations
Location
83 Kay Chiarello Way, Hamilton, NJ 08690
Located in Hamilton Township within Mercer County and the Trenton–Princeton MSA, the immediate area mixes residential streets with nearby commercial corridors. Residents have access to retail and services at Hamilton Marketplace (about 1.5 miles) and medical facilities within a few miles. Public schools serving the area include Alexander Elementary, Reynolds Middle, and Steinert High School (district: Hamilton Township School District). The neighborhood offers moderate walkability with local parks and community amenities nearby, and Route 33 provides a convenient route for regional commuting and errands.
Public green space and recreation are accessible nearby: Veterans Park is approximately 1 mile from the property, and other local parks and trails are reported within the surrounding area. Recreational and outdoor amenities are part of the neighborhood fabric.
A factual market snapshot around 83 Kay Chiarello Way.
Residential
Zoning
Research-indicated uses
- Single Family Residential
- Home Occupation
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Tax assessment
Sale history
Rental references from the research record.
Context only—not an investment recommendation or guarantee of achievable rent.
Supporting lease references
- Same living area
- Same living area
What the research supports — and what is still worth verifying.
Key findings
- Property built in 1995 and has remained with original owners (Smith Family Trust)
- R-15 zoning allows for single-family residential use
- Recent comparable sales support estimated value range of $460K-$500K
- Proximity to major highways and local amenities enhances lifestyle appeal
Still worth verifying
Routine buyer due diligence items; these are not known defects.
- Confirm property boundaries and lot dimensions
- Review roof and foundational integrity
- Check for necessary permits for upgrades
What stands out about this property.
Interior Features
- 3 bedrooms
- 2 bathrooms
- 1,840 square feet gross building area
- Updated kitchen
- Updated bathrooms
- Central air conditioning
- Forced-air gas heating
- Fireplace
- Full unfinished basement
- Two stories
- New HVAC (2023)
Sources & research confidence.
See where the property research came from and how confidence varies by field.