UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision In Town
MLS Listing ID NJHT2003912
Year Built 1900
Annual Tax Amount $22,344
Tax Year 2024
Lot Size 5,396 Sqft
Acres 0.12
Lot Dimensions 71.00 x 76.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Incredible Lambertville Investor Opportunity — This rarely available mixed-use commercial property offers 8 income-generating units, ideally located in the vibrant center of Lambertville and outside the flood zone.
The building features 7 well-maintained residential apartments—a blend of 1- and 2-bedroom units—plus 1 high-visibility corner commercial space with an excellent rental history. Updates to the units include modern kitchens, flooring, windows, and all units are fully air-conditioned for year-round comfort.
Tenants enjoy outstanding amenities including a shared rooftop deck and a spacious, fenced backyard.. The exterior has been freshly repainted, enhancing curb appeal and long-term durability.
The property provides future owners a combination of immediate appeal and consistency as well as potential paths to increase value.
With its unbeatable location steps from Lambertville's renowned restaurants, galleries, shops, and the scenic canal path for biking, fishing, and outdoor recreation, this property offers a rare combination of strong cash flow potential and lasting tenant appeal.
Location
State NJ
County Hunterdon
Area Lambertville City (21017)
Zoning CBD
Interior
Hot Water Other
Heating Forced Air, Heat Pump(s)
Cooling Central A/C, Ductless/Mini-Split
Heat Source Electric, Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Lot Description Level
Sewer Public Sewer
Water Public
New Construction N
Schools
High Schools South Hunterdon Regional H.S.
School District South Hunterdon Regional
Others
Tax ID 17-01038-00001
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
