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For sale
  • $299,999

    40 S Union St, Lambertville, NJ 08530

    2beds
    --sqft
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    Townhouse
    Built in 1880
    1,386 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Brick home
    Opportunity awaits in the heart of Lambertville, known for being one of New Jersey’s most celebrated small towns. Now completely gutted and ready for redevelopment, this brick home offers a blank canvas for investors, builders, or buyers looking to create a custom residence tailored to their vision. Located just two blocks from Lambertville's vibrant downtown shops, restaurants, and galleries, the property also enjoys direct access to the scenic canal path directly across the street. Seller had approved plans to expand to property to 3 bedrooms, 3.1 bathrooms, which could bring the after repair value to approximately $680 - $700k. Seller will provide approved plans to convert into a 3 bedroom, 3 and half bathroom home if buyer desires. Ideal for a primary residence, weekend retreat, or investment project, this property offers endless possibilities in a highly desirable location.
    30 days
    |
    981
    |
    30
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Pete Moriello 908-451-2311,

    Real Broker, LLC

    Source: Bright MLS,MLS#: NJHT2005090MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 2
      Basement
      • Area: 0
      Heating
      • Baseboard, Natural Gas
      Cooling
      • None
      Appliances
      • Included: Water Heater
      Features
      • Basement: Unfinished,Full
      • Has fireplace: No
      Interior area
      • Total structure area: 0
      • Finished area above ground: 0
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: On Street
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Pool features: None
      Lot
      • Size: 1,386 Square Feet
      • Dimensions: 18.00 x 77.00
      • Features: Suburban
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 170104500036
      • Zoning: R2
      • Special conditions: Standard
      • Other equipment: See Remarks

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Colonial
      • Property subtype: Townhouse
      Materials
      • Brick
      • Foundation: Other
      Condition
      • Fixer
      • New construction: No
      • Year built: 1880

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: None Available
      HOA
      • Has HOA: No
      Location
      • Region: Lambertville
      • Municipality: LAMBERTVILLE CITY

      Financial & listing details

      • Tax assessed value: $330,200
      • Annual tax amount: $7,472
      • Date on market: 6/18/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA 203(k)
      • Inclusions: See Sd
      • Exclusions: See Sd
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/18/2026Listed for sale$299,999+50%
        Source: Bright MLS #NJHT2005090 Report a problem
        5/2/2025Sold$200,000-19.7%
        Source: GSMLS #3939227 Report a problem
        1/16/2025Pending sale$249,000
        Source: Bright MLS #NJHT2003524 Report a problem
        12/29/2024Listed for sale$249,000
        Source: GSMLS #3939227 Report a problem
        12/5/2024Listing removed$249,000
        Source: Bright MLS #NJHT2003048 Report a problem
        12/4/2024Price change$249,000-16.7%
        Source: GSMLS #3910631 Report a problem
        10/20/2024Pending sale$299,000
        Source: Bright MLS #NJHT2003048 Report a problem
        10/19/2024Contingent$299,000
        Source: Bright MLS #NJHT2003048 Report a problem
        10/16/2024Pending sale$299,000
        Source: Bright MLS #NJHT2003048 Report a problem
        9/20/2024Price change$299,000-14.3%
        Source: GSMLS #3910631 Report a problem
        8/6/2024Price change$349,000-12.5%
        Source: Bright MLS #NJHT2003048 Report a problem
        7/12/2024Price change$399,000-4.8%
        Source: GSMLS #3910631 Report a problem
        6/28/2024Listed for sale$419,000+210.4%
        Source: GSMLS #3910631 Report a problem
        11/2/2005Sold$135,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,155 -17.1%$330,200 -17.1%
        2024$8,635 -2.3%$398,500 +5.6%
        2023$8,839 +6.1%$377,400 +1.3%
        2022$8,333 +3.5%$372,400 +1.4%
        2021$8,049 +7.9%$367,400 +1.4%
        2020$7,460 +4.5%$362,400 +2.8%
        2019$7,139 +5.2%$352,400 +2.9%
        2018$6,784 +6.8%$342,400 +3%
        2017$6,351 +1.2%$332,400 +4.7%
        2016$6,279 +1.2%$317,400 +2%
        2015$6,204 +3.9%$311,300
        2014$5,971 +3.7%$311,300
        2013$5,756 -0.3%$311,300
        2012$5,772 +5%$311,300
        2011$5,498 +3.3%$311,300
        2010$5,320 +3.7%$311,300 -1.6%
        2009$5,131 +7%$316,300 +0.7%
        2008$4,797 +2.5%$314,200 +3.3%
        2007$4,680 $304,200 +3.5%
        2006-- $293,800 +12%
        2005-- $262,400 +3.6%
        2004-- $253,400 +38.5%
        2003-- $182,900 +24.5%
        2002-- $146,900
        2001-- $146,900
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 08530

        Getting around

        84 / 100
        Very Walkable
        87 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Lambertville

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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