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$299,999 Just Listed

  • For Sale
  • Active
  • Townhouse
  • 2 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • Updated 3 days ago
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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.

Full Property Details for 40 S Union St

General

  • Price: $299,999
  • Taxes: $7,472 (2025)
  • Status: Active
  • Type: Townhouse
  • Source: BrightMLSTriStates
  • MLS ID: NJHT2005090
  • Updated: 6/18/2026
  • Added to Site: 3 day(s) ago

Interior

  • Number of Rooms: 5

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Floor Baths: 2
  • Main - Full Baths: 1
  • Main - 1/2 Baths: 1

Bedrooms

  • Total Bedrooms: 2
  • Bedrooms Main & Up: 2

Parking

  • Parking Type: On Street

Location

  • Area: Lambertville City (21017)
  • Municipality: LAMBERTVILLE CITY
  • County: HUNTERDON
  • Development Name: None Available
  • Subdivision: None Available
  • Driving Directions: Bridge St to S. Union St.
  • Location Details: Suburban

School Information

  • School District: Lambertville

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard - Hot Water
  • Heating Fuel: Natural Gas
  • Water Heater: 60+ Gallon Tank

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Colonial
  • Structure Type: End of Row/Townhouse
  • Construction: Brick
  • Basement: Yes
  • Basement Desc.: Unfinished, Full
  • Foundation: Other
  • Stories Description: Main
  • Sq. Ft. Source: Estimated
  • Year Built: 1880
  • Year Built Source: Estimated
  • Property Condition: Major Rehab Needed

Lot Features

  • Lot Size (Acres): 0.03
  • Lot Size (Sq. Ft.): 1,386
  • Lot Size Source: Estimated
  • Lot Dimensions: 18.00 x 77.00
  • Zoning: R2

Financial Considerations

  • Assessment Year: 2025
  • Tax w/Assessment: $330,200
  • Tax Amount: $7,472
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: See SD
  • Inclusions: See SD
  • Lot Number: 36

Listed by Real Broker, LLC, Peter Moriello

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Listing agent

— 40 S Union St —

  • Peter Moriello

    Real Broker, LLC

Listing Office Email: njbroker@onereal.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 40 S Union St

School District:South Hunterdon Regional School District
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 40 S Union St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/18/2026
Listed
$299,999
50%
MLS
4/29/2025
Sold
$200,000
—
Public Record
Get Price Alerts and Save Property
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 for 40 S Union St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,209
4%
$330,200
-17%
2023
$8,839
3%
$398,500
6%
2022
$8,602
3%
$377,400
1%
2021
$8,333
4%
$372,400
1%
2020
$8,049
8%
$367,400
1%
2019
$7,460
4%
$362,400
6%
2018
$7,139
5%
$342,400
3%
2017
$6,784
7%
$332,400
5%
2016
$6,351
-15%
$317,400
-10%
2019
$7,460
19%
$352,400
13%
2015
$6,279
9%
$311,300
—
2013
$5,747
—
$311,300
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Real Broker, LLC, Peter Moriello

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40 S Union Street, Lambertville, NJ 08530 (MLS# NJHT2005090) is a Townhouse property with 2 bedrooms, 1 full bathroom and 1 partial bathroom. 40 S Union Street is currently listed for $299,999 and was received on June 18, 2026. Want to learn more about 40 S Union Street? Do you have questions about finding other Townhouse real estate for sale in Lambertville? You can browse all Lambertville real estate or contact a Coldwell Banker agent to request more information.

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