20 N Union St, Lambertville City, NJ 08530
20 N Union St, Lambertville City, NJ 08530
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$ 725,000
Est. payment | /mo

2,289 SqFt


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$ 725,000
Est. payment | /mo
Save

2,289 SqFt

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,289 sqft

Price per Sqft $316

MLS Listing ID 4009700

Year Built 1823

Annual Tax Amount $15,418

Tax Year 2024

Lot Size 2,613 Sqft

Property Sub-Type Mixed Use

Property Description

Ideally located in the heart of Lambertville, this fully leased three-unit investment property offers a rare opportunity to own a high-performing asset in one of the area's most desirable river towns. Just steps from renowned shops, acclaimed restaurants, popular coffee spots, the Delaware River, scenic towpath, and the bridge to New Hope, this property delivers exceptional appeal to both tenants and future buyers. Each of the residences is well maintained and in excellent condition, featuring comfortable layouts, abundant natural light, and strong rental demand. All units are currently occupied, providing immediate and reliable income from day one. A standout feature of the property is the expansive rear courtyard - an uncommon amenity in this central location - offering private outdoor space for tenants to enjoy and enhancing long-term tenant retention. With its prime walkable setting, proven rental performance, and close proximity to everything Lambertville and New Hope have to offer, this turnkey property represents an outstanding opportunity for investors seeking stable cash flow with long-term upside in a tightly held market.

Location

State NJ

County Hunterdon

Zoning CBD

Interior

Heating Gas-Natural

Cooling Wall A/C Unit(s)

Equipment See Remarks

Heat Source Gas-Natural

Exterior

Exterior Feature See Remarks

Utilities Available Gas-Natural

Roof Type Asphalt Shingle

Building

Story 3

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Garden State MLS(GSMLS)
Listed by COMPASS NEW JERSEY LLC

Nearby Locations

Matthew De Fede

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(862) 228-0554

matthewdefede@realtyexecutives.com

653 Franklin Ave, Nutley, NJ, 07110, USA

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20 N Union St