$550,000

Estimated payment $3,767/month

Total Views 1,833
-- Bed
-- Bath
1,314 Sq Ft
$419 Price per Sq Ft

Highlights

  • Popular Property
  • Eat-In Kitchen
  • Bathtub with Shower
  • Main Floor Bedroom
  • Built-In Features
  • 2-minute walk to Cavallo Park

About This Home

Welcome to this beautifully renovated multi-family home in the heart of Lambertville — a cultural haven known for its artistic charm, historic character, and vibrant downtown filled with galleries, shops, and fine dining. This rare, turnkey opportunity features two fully updated, energy-efficient units, making it an exceptional choice for savvy investors or homeowners looking to offset their mortgage with rental income. The home offers a total of three spacious bedrooms and two modern bathrooms, thoughtfully designed for comfort and style. The first-floor unit features one bedroom and one bathroom with its own private entrance, new flooring, beautiful finishes, and a cozy, efficient layout — perfect for everyone or short-term or long-term rental potential. The second-floor unit includes two bedrooms and one bathroom, showcasing updated flooring, sleek finishes, and a bright, contemporary design. Major upgrades throughout the property ensure low-maintenance, worry-free living, including an architectural shingle roof, vinyl windows, two high-efficiency combi boilers, updated plumbing fixtures, updated electrical fixtures, updated electrical panels and service. Nature enthusiasts will enjoy nearby trails, kayaking, and fishing along the scenic Delaware River, all just steps away. The home is a short walk to downtown Lambertville and minutes from New Hope, PA, with convenient access to I-78 and NJ Transit for an easy commute to NYC or Philadelphia. Whether you choose to live in one unit and rent the other or lease both, this home offers flexibility, comfort, and strong income potential. As an added bonus, the seller is offering one year of flood insurance (up to $5,000 value) and a $3,000 credit toward the buyer’s closing costs or interest rate buy-down. Don’t miss this rare blend of lifestyle, location, and long-term value—schedule your private tour today.

Listing Agent

Farhan Malik

Realmart Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,434

Year Built

  • Built in 1888

Lot Details

  • 1,712 Sq Ft Lot
  • Lot Dimensions are 19.00 x 90.00
  • Back Yard

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • Built-In Features
  • Ceiling Fan
  • Luxury Vinyl Plank Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathtub with Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Shed

Utilities

  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • 2-Story Building

Listing and Financial Details

  • Tax Lot 00007
  • Assessor Parcel Number 17-01051-00007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,434

Year Built

Built in 1888

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1888
  • Remarks Public: Welcome to this beautifully renovated multi-family home in the heart of Lambertville — a cultural haven known for its artistic charm, historic character, and vibrant downtown filled with galleries, shops, and fine dining. This rare, turnkey opportunity features two fully updated, energy-efficient units, making it an exceptional choice for savvy investors or homeowners looking to offset their mortgage with rental income. The home offers a total of three spacious bedrooms and two modern bathrooms, thoughtfully designed for comfort and style. The first-floor unit features one bedroom and one bathroom with its own private entrance, new flooring, beautiful finishes, and a cozy, efficient layout — perfect for everyone or short-term or long-term rental potential. The second-floor unit includes two bedrooms and one bathroom, showcasing updated flooring, sleek finishes, and a bright, contemporary design. Major upgrades throughout the property ensure low-maintenance, worry-free living, including an architectural shingle roof, vinyl windows, two high-efficiency combi boilers, updated plumbing fixtures, updated electrical fixtures, updated electrical panels and service. Nature enthusiasts will enjoy nearby trails, kayaking, and fishing along the scenic Delaware River, all just steps away. The home is a short walk to downtown Lambertville and minutes from New Hope, PA, with convenient access to I-78 and NJ Transit for an easy commute to NYC or Philadelphia. Whether you choose to live in one unit and rent the other or lease both, this home offers flexibility, comfort, and strong income potential. As an added bonus, the seller is offering one year of flood insurance (up to $5,000 value) and a $3,000 credit toward the buyer’s closing costs or interest rate buy-down. Don’t miss this rare blend of lifestyle, location, and long-term value—schedule your private tour today.
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Oven/Range - Gas, Dishwasher
  • Flooring Type: Luxury Vinyl Plank
  • Interior Amenities: Kitchen - Eat-In, Bathroom - Tub Shower, Built-Ins, Ceiling Fan(s), Entry Level Bedroom
  • Fireplace: No
  • Foundation Details: Other
  • Room Count: 8
  • Basement: Yes
  • Basement Type: Unfinished, Full, Interior Access
  • Total Sq Ft: 1704
  • Living Area Sq Ft: 1314
  • Price Per Sq Ft: 418.57
  • Above Grade Finished Sq Ft: 1314
  • Below Grade Sq Ft: 390
  • Total Below Grade Sq Ft: 390
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 27

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: SOUTH HUNTERDON REGIONAL
  • School District Key: 300200396159
  • School District Source: Listing Agent

Lot Info

  • Lot Features: Rear Yard
  • Lot Size Acres: 0.04
  • Lot Dimensions: 19.00 x 90.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1712.00
  • Year Assessed: 2024
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 8434.00
  • Assessor Parcel Number: 17-01051-00007
  • Tax Lot: 00007
  • Tax Total Finished Sq Ft: 1644
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: SOUTH HUNTERDON REGIONAL

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,274 $365,000 $226,500 $138,500
2023 $8,274 $353,300 $216,000 $137,300
2022 $8,046 $348,300 $211,000 $137,300
2021 $6,738 $328,300 $191,000 $137,300
2020 $7,292 $328,300 $191,000 $137,300
2019 $6,738 $318,300 $181,000 $137,300
2018 $6,470 $310,300 $173,000 $137,300
2017 $6,292 $308,300 $171,000 $137,300
2016 $6,079 $303,800 $166,500 $137,300
2015 $5,902 $292,600 $156,500 $136,100
2014 $5,832 $292,600 $156,500 $136,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2025 04/21/25 For Sale $550,000 -- $419 / Sq Ft
Source: Bright MLS

Deed History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Deed $377,000 Counsellors Title
Deed $279,000 Title Evolution Llc
Source: Public Records

Similar Home in Lambertville, NJ

  • 51 N Union St, Lambertville, NJ 08530

    $669,000

    • Studio
    • 3,952 Sq Ft
    • 51 N Union St
    • Lambertville, NJ

    This turn-of-the-century Victorian twin with three units (circa 1900) is located in the central business district and offers incredible potential. One side features a first floor 1-bedroom /1bath apartment with outside backyard access. The 2-bedroom /1 bath apartment has bonus room and great natural light. The attached third unit offers three bedrooms, one and a half baths and additional

    Todd Cook River Valley Realty, LLC

    Section Image

Source: Bright MLS

MLS Number: NJHT2003740

Bright MLS

APN: 17-01051-0000-00007