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$725,000
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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.
Full Property Details
Full Property Details for 20 N Union St
General
- Price: $725,000
- Taxes: $15,418 (2024)
- Status: Active
- Type: Retail
- Source: Garden_State
- MLS ID: 4009700
- Updated: 2/27/2026
- Added to Site: 27 day(s) ago
Business
- Includes: Building & Land
Rooms
Bathrooms
- Total Bathrooms: 3
- Restrooms: 3
Additional Information
- Equipment: See Remarks
Parking
- Parking: None
Location
- County: Hunterdon
- Driving Directions: On N Union between Church and Bridge Streets.
- Location Details: See Remarks
Heating & Cooling
- Cooling Type: Wall A/C Unit(s)
- Heating Type: Radiators - Hot Water
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Construction: See Remarks
- Exterior Const.: See Remarks
- Roof: Asphalt Shingles
- Stories in Building: 3
- Square Feet: 2,289
- Aprox. Leasable: 2,289 Sq. Ft.
- Year Built: 1823
Lot Features
- Lot Size (Acres): 0.06
- Lot Size: 20X133
- Zoning: CBD
Financial Considerations
- Price Per Sq. Ft.: $294
- Assessment Amount: $692,000
- Land Assmt: $411,500
- Tax Amount: $15,418
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: No Documents Available
- APN: 1917-01039-0000-00010-0000-
- Block: 1039
- Lot Number: 10
Listed by Compass New Jersey Llc
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Schools
Schools serving 20 N Union St
School District:South Hunterdon Regional School District
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 20 N Union St
Date
Details
Price
Change
Source
2/27/2026
Price Increased
$725,000
7.41%
MLS
2/12/2026
Listed
$675,000
10.2%
MLS
1/15/2021
Sold
$612,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 20 N Union St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$15,419
9%
$692,000
9%
2022
$14,202
8%
$634,800
3%
2021
$13,163
2%
$614,800
6%
2020
$12,891
6%
$580,400
—
2019
$12,181
—
$580,400
1%
2019
$12,181
2%
$575,400
—
2018
$11,997
5%
$575,400
3%
2017
$11,438
6%
$560,400
4%
2016
$10,813
3%
$540,400
4%
2015
$10,450
9%
$518,100
—
2013
$9,564
—
$518,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 20 N Union St
20 N Union St, Lambertville, NJ 08530 (MLS# 4009700) is a Retail property. 20 N Union St is currently listed for $725,000 and was received on February 12, 2026. Want to learn more about 20 N Union St? Do you have questions about finding other Retail real estate for sale in Lambertville? You can browse all Lambertville real estate or contact a Coldwell Banker agent to request more information.

