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$750,000
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Property Description
Exceptional mixed-use investment opportunity in the heart of downtown Lambertville, prominently positioned on the corner of Union and Mt. Hope Streets directly across from a park and just steps from the renowned Inn of the Hawk. This impressive 8,844 sq ft building offers six separate rental units and strong income potential in one of New Jersey's most vibrant river towns. The property features five 12-foot overhead garage doors and approximately 13-foot ceiling clearance, providing excellent flexibility for a variety of commercial or light industrial uses. Each unit is individually metered with separate gas and electric utilities, offering ease of management and tenant independence. Currently occupied by established tenants including a fitness studio and hair salon, the building benefits from steady foot traffic and a dynamic surrounding business district. Just a short walk to Lambertville Station, shops, restaurants, and galleries, the location is highly desirable for both tenants and customers alike. Zoned R-2 with a pre-existing non-conforming commercial use (formerly including a restaurant), the property presents compelling redevelopment potential. Buyers may explore subdivision into townhomes or condominiums, capitalizing on the strong residential demand in the area. The site also offers scenic views of the Delaware & Raritan Canal and adjacent walking path. Additional highlights include convenient on-street parking and a public parking lot directly across the street accommodating approximately 18 vehicles. A rare opportunity to own a versatile, income-producing property with redevelopment upside in one of Lambertville's most sought after locations
Full Property Details
Full Property Details for 77 S Union St
General
- Sold For: $750,000
- Taxes: $16,394 (2025)
- Status: Closed
- Type: Warehouse
- Source: BrightMLSTriStates
- MLS ID: NJHT2004776
- Added to Site: 85 day(s) ago
Business
- Business Type: Hair Salon and Spa, Restaurant/Bar, Warehouse
Interior
- Flooring: Concrete
Parking
- Parking Type: On Street
Location
- Area: Lambertville City (21017)
- Municipality: LAMBERTVILLE CITY
- County: HUNTERDON
- Cross Streets: MT hope
- Driving Directions: Union st to end corner of MT hope and union across from Park
- Location Details: Corner Lot/Unit
School Information
- School District: Lambertville
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Ceiling
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Septic, Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding
- Foundation: None
- Roof: Flat
- Ceiling Height: 12' to 15'
- Drive-In Doors: 5
- Stories/Levels: 1
- Year Built: 1980
- Year Built Source: Assessor
- Property Condition: Good
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 9,148
- Lot Size Source: Assessor
- Lot Dimensions: 0.00 x 0.00
- Lot Features: Cul-de-sac, Level, Subdivision Possible
- Zoning: R-2
- Lot Description: Cul-de-sac, Level, Subdivision Possible
Financial Considerations
- Price Per Sq. Ft.: $84.8
- Assessment Year: 2025
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $724,500
- Tax Amount: $16,394
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 12
Listed by BHHS Fox & Roach - Princeton, Rocco D'Armiento
Sold by Compass Pennsylvania, LLC, Revi M Haviv
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Schools
Schools serving 77 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 77 S Union St
Date
Details
Price
Change
Source
6/18/2026
Sold
$750,000
-25%
MLS
5/07/2026
Price Reduced
$999,999
-33.33%
MLS
4/07/2026
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
77 S Union Street, Lambertville, NJ 08530 (MLS# NJHT2004776) is a Warehouse property that was sold at $750,000 on June 18, 2026. Want to learn more about 77 S Union Street? Do you have questions about finding other Warehouse real estate for sale in Lambertville? You can browse all Lambertville real estate or contact a Coldwell Banker agent to request more information.

