This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/12
$1,295,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/12
Property Description
27-Bed Licensed Residential Care Facility | Multi-Building Campus | Value-Add Opportunity | Lambertville, NJ Rare opportunity to acquire a state-licensed 27-bed Residential Health Care / Boarding Home facility in the highly desirable Lambertville, located in Hunterdon County, one of New Jersey's most supply-constrained and high-demand submarkets. Little Haven Boarding Home & Residential Health Care Facility is a multi-building campus consisting of: Main Building: 23 licensed beds Detached Cottage: 4 licensed beds (currently under renovation following prior fire damage) The property is situated on an approximately 1-acre lot in the sought-after Cottage Hill neighborhood, within walking distance to downtown Lambertville restaurants, retail, and services. Property Overview: Total Licensed Capacity: 27 beds (23 main + 4 cottage) Main Building: Approx 6,000 SF 11 bedrooms 5.5 bathrooms Detached Cottage: 4 bedrooms 1 bathroom Lot Size: 1 acre Parking: 6 on-site spaces Configuration: Multi-structure campus layout (rare for this asset class) License: Residential Health Care Facility (RHCF) Additional Upside Opportunity: An adjacent property (under common ownership) is licensed for an additional 5 beds (Licensed Class-C boarding home) and may be made available separately or as part of a larger assemblage. Not included in the current offering. All facilities are licensed and regulated by the New Jersey Department of Community Affairs (DCA) and are in good standing with current inspections. Investment Highlights: - Licensed 27-bed facility - Value-add opportunity through renovation, lease-up, and operational optimization - Cottage rebuild creates immediate upside upon completion - Multi-building campus supports scalable operations and program separation - Walkable, high-demand location near downtown Lambertville - High barriers to entry for new licensed facilities in New Jersey - Strong regional demand for residential care, behavioral health, and supportive housing - Potential eligibility for state and local grant programs (buyer to verify) - Multiple financing options and grants may be available to qualified buyers, including U.S. SBA-backed lending and select NJEDA programs that may support both acquisition and value-add improvements. (Buyer to independently verify all program eligibility and requirements.) Ideal For: - Residential healthcare / boarding home operators - Behavioral health or supportive housing providers - Senior housing (independent or assisted living models - subject to approvals) - Recovery / sober living operators (buyer responsible for use compliance) - Nonprofit housing organizations - Investors seeking to lease to experienced operators
Full Property Details
Full Property Details for 47 Lincoln Ave
General
- Price: $1,295,000
- Taxes: $17,565 (2025)
- Status: Active
- Type: Commercial
- Source: BrightMLSTriStates
- MLS ID: NJHT2004824
- Updated: 4/22/2026
- Added to Site: 3 day(s) ago
Business
- Business Type: Other
Interior
- Flooring: Wood, Tile/Brick
Rooms
Bathrooms
- Restrooms: 7
Additional Information
- Security/Safety: Fire Detection System, Carbon Monoxide Detector(s), Smoke Detector, Sprinkler System - Indoor
Parking
- Total Spaces: 6
- Parking Features: Private
- Parking Type: Driveway, On Street
Location
- Area: Lambertville City (21017)
- Municipality: LAMBERTVILLE CITY
- County: HUNTERDON
- Development Name: Cottage Hill
- Subdivision: Cottage Hill
- Cross Streets: Studdiford Stt
- Driving Directions: From Swan Street, left on Studdiford Street to Lincoln Avenue. #47 Lincoln Avenue is on the corner.
- Location Details: Corner Lot/Unit
School Information
- School District: South Hunterdon Regional
- Elementary School: Lambertville
- Middle School: South Hunterdon Regional M.S.
- High School: South Hunterdon Regional H.S.
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Window Unit(s)
- Cooling Fuel: Natural Gas, Electric
- Heating Type: Radiator
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Well
- Utility Description: Cable TV
Structural Information
- Construction: Stone
- Foundation: Stone
- Roof: Slate, Metal
- Year Built: 1860
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.85
- Lot Size (Sq. Ft.): 36,960
- Lot Size Source: Assessor
- Lot Dimensions: 168.00 x 220.00
- Fence: Yes
- Lot Features: Corner, Front Yard, Landscaping, Rear Yard, SideYard(s)
- Zoning: R-1
- Lot Description: Corner, Front Yard, Landscaping, Rear Yard, SideYard(s)
Financial Considerations
- Price Per Sq. Ft.: $214.76
- Assessment Year: 2025
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $776,200
- Tax Amount: $17,565
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: All personal property
- Lot Number: 1
Listed by Keller Williams Cornerstone Realty, Mia L Chen
Get Pre-Approved Today
Schools
Schools serving 47 Lincoln Ave
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 47 Lincoln Ave
Date
Details
Price
Change
Source
4/21/2026
Listed
$1,295,000
—
MLS
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 47 Lincoln Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$17,510
1%
$776,200
2%
2023
$17,293
3%
$757,700
3%
2022
$16,826
3%
$738,400
1%
2021
$16,293
2%
$728,400
1%
2020
$15,956
7%
$718,400
1%
2018
$14,874
3%
$713,400
1%
2017
$14,458
3%
$708,400
1%
2016
$14,075
-7%
$703,400
-2%
2019
$15,209
9%
$718,400
4%
2015
$13,899
9%
$689,100
—
2013
$12,721
—
$689,100
—
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 47 Lincoln Ave
47 Lincoln Avenue, Lambertville, NJ 08530 (MLS# NJHT2004824) is a Commercial property. 47 Lincoln Avenue is currently listed for $1,295,000 and was received on April 21, 2026. Want to learn more about 47 Lincoln Avenue? Do you have questions about finding other Commercial real estate for sale in Lambertville? You can browse all Lambertville real estate or contact a Coldwell Banker agent to request more information.

