Homes/New Jersey/Hamilton/83 Kay Chiarello Way
CompCasa Property Analysis · single_family

83 Kay Chiarello Way

Well-maintained 3BR/2BA Colonial on a Spacious 0.24-Acre Lot

Updated systems, sizeable lot, close to schools and shopping

3 beds2 baths1,840 sq ftBuilt 19950.24 acres1-car attached
CompCasa valuation analysis
Estimated market value
$480,000
Low $460,000 · Midpoint $480,000 · High $500,000
Confidence80%Sales comparison approach
Last recorded sale$320,000Aug 1, 1995
Assessed value$400,0002025 assessment
CompCasa estimate$480,000Aug 30, 2026
Estimate vs. last recorded sale+$160,000 / +50.0%
$460,000$480,000 midpoint$500,000
Price / sq ft$261
Median sale price$440,000
Avg days on market34 days
Inventory2.5 months

Sales comparison approach using 3 similar properties sold within 1 mile in the last year. Adjusted for modern updates and larger lot size.

About the property

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.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$475,000
Property address72 Davis Ave, Hamilton, NJ 08690
3 bed2 bath1,840 sq ftBuilt 19930.7 mi9,500 sq ft lot$258/SF
Sold Jan 10, 2026
Subject difference
  • Same living area
  • Similar lot size
  • 2 years older
Research comparison noteSimilar age and layout, smaller lot
02Sold price$485,000
Property address90 Kings Hwy, Hamilton, NJ 08690
3 bed2 bath1,840 sq ftBuilt 19900.8 mi11,100 sq ft lot$263/SF
Sold Dec 15, 2025
Subject difference
  • Same living area
  • Similar lot size
  • 5 years older
Research comparison noteUpdated kitchen, slightly larger lot
03Sold price$470,000
Property address23 Maple Ave, Hamilton, NJ 08690
3 bed2 bath1,840 sq ftBuilt 19891 mi10,200 sq ft lot$255/SF
Sold Nov 20, 2025
Subject difference
  • Same living area
  • Similar lot size
  • 6 years older
Research comparison noteSimilar layout, fewer modern upgrades
Comp methodology: Focused on homes of similar size, age, and condition within 1 mile sold in the last year.
Property details

A 1995 colonial on 0.24 acres.

Building

Year built1995
ConstructionWood Frame
RoofAsphalt Shingle
Heatingforced air gas
Coolingcentral AC

Site & utilities

Lot size0.24 acres
Garage1-car attached
Stories2
ConditionGood
BasementFull Unfinished
FireplaceYes
Improvement notes3 bedrooms, 2 bathrooms, updated kitchen and bathrooms, new HVAC (2023)
Lot area10,454 sq ft
TopographyLevel
FrontageStandard residential frontage
ParkingAttached Garage And Driveway
Parking spaces2
Parking notesAttached 1-car garage with driveway
AccessStandard access from residential street
WaterMunicipal
SewerMunicipal
ElectricPSE&G
GasPSE&G
Location & nearby

Hamilton, NJ

Researched nearby locations

Hamilton Marketplace (1.5 mi)
Veterans Park (1 mi)
Robert Wood Johnson University Hospital (2 mi)

Location

83 Kay Chiarello Way, Hamilton, NJ 08690

View in Google Maps
Editorial neighborhood context

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.

Nearby access summary

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.

ElementaryAlexander Elementary School (7/10)
Middle schoolReynolds Middle School (6/10)
High schoolSteinert High School (7/10)
School districtHamilton Township School District
Market context

A factual market snapshot around 83 Kay Chiarello Way.

Median sale price$440,000
Avg days on market34 days
Inventory2.5 months
1-year appreciation4.5%
5-year appreciation22.0%
Zoning & land use

Residential

Zoning

Zoning codeR-15
DescriptionResidential
JurisdictionHamilton Township
Assessor useSingle Family Residential
Current useResidential
SetbacksFront 30', side 10', rear 25'

Research-indicated uses

  • Single Family Residential
  • Home Occupation
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Assessed land$150,000
Assessed improvements$250,000
Total assessed$400,000
Assessment year2025
Annual property tax$8,000
Tax year2025

Sale history

1995-08-01$320,000 · $174/SF
Rental market context

Rental references from the research record.

Context only—not an investment recommendation or guarantee of achievable rent.

Supporting lease references

01Monthly rent$2,550/mo
Property address56 Oak St, Hamilton, NJ 08690
3 bed2 bath1,840 sq ft$1.39/SF
Leased Jul 1, 2025
Subject difference
  • Same living area
Research comparison noteComparable current market rent for similar home
02Monthly rent$2,450/mo
Property address15 Pine St, Hamilton, NJ 08690
3 bed2 bath1,840 sq ft$1.33/SF
Leased Jun 1, 2025
Subject difference
  • Same living area
Research comparison noteRents slightly lower due to older interior conditions
Research findings & due diligence

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
Highlights & features

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)
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
NJ Property Tax RecordsView source
2
Hamilton Township Zoning InformationView source
3
Redfin market data and transaction recordsView source
Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.