The invention disclosed provides a hinge capable of a vertical and overlay adjustment, comprised of a recessed hinge cup and a hinge arm connected to an attachment plate and an abutment plate which are further connected by a deformable hinge section. An overlay adjustment is provided by bending the deformable hinge section through use of an overlay adjustment screw fitted between the attachment plate and the abutment plate. The novel hinge provided is also adjustable vertically via an adjustment screw accessed by a portal in the attachment plate. The design is less complicated and therefore is lighter and less expensive than previous overlay adjustable hinges and allows delicate and semi-permanent adjustments to be made by a single installer.