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$1,295,000
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Property Description
An exceptional opportunity awaits investors and entrepreneurs in highly desirable Lambertville, NJ! The retiring owner is offering an incredible package of three separate income-producing properties, each with a strong performance history and reliable cash flow. Collectively, these properties command a significant footprint, spanning the entire block, and present a rare redevelopment opportunity in one of New Jersey's most in-demand markets. The first is a well-established laundromat that has been a cornerstone of the community for over 50+ years. This recession-resistant business boasts a loyal customer base and a consistent track record of profitability. The laundromat features modern, well-maintained equipment with both card and coin operations. The second property is a highly visible commercial retail space with steady foot traffic and a dependable long-term tenant in place, providing stable rental income and ample designated parking. The third is a newly renovated one-bedroom apartment located just steps from one of Lambertville's most beloved parks and the scenic towpath. With rental demand far outpacing supply, this residential unit benefits from the area's strong rental market and rising rates. A large garage beside the apartment, which is rented separately, has loft storage inside and an automatic door opener. A high visibility location on the corner makes the retail space even more enticing. And, if all of this isn't enough, the laundromat even has its own well water source so no worries about city water bills either! For the visionary investor or developer, this entire block-sized assemblage offers exciting potential for redevelopment. The site could be reimagined as luxury townhomes, capitalizing on Lambertville's enduring appeal or simply swoop in and benefit from the immediate cash flow this amazing opportunity provides!
Full Property Details
Full Property Details for 99 S Main St
General
- Price: $1,295,000
- Taxes: $13,767 (2024)
- Status: Active
- Type: Apartment
- Source: BrightMLSTriStates
- MLS ID: NJHT2003648
- Updated: 3/6/2026
- Added to Site: 368 day(s) ago
Business
- Business Type: Apartment Building, Other/General Retail, Other
Interior
- Flooring: Concrete, Hardwood, Carpet
Rooms
Bathrooms
- Restrooms: 3
Parking
- Total Spaces: 8
- Parking Features: Private
- Parking Type: Parking Lot
Location
- Area: Lambertville City (21017)
- Municipality: LAMBERTVILLE CITY
- County: HUNTERDON
- Driving Directions: From Bridge Street, go South onto Main Street, go 3 blocks/.2 miles, property is on the right, on the corner of Main and Mt Hope Streets. From rt 29, turn West onto Swan St., make a Left onto S Main, go 1 block, property on the right.
- Location Details: Corner Lot/Unit
School Information
- School District: South Hunterdon Regional
- Elementary School: Lambertville E.S.
- Middle School: South Hunterdon Regional M.S.
- High School: South Hunterdon Regional H.S.
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Baseboard - Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Well
Structural Information
- Construction: Brick, Block
- Year Built: 1910
- Year Built Source: Assessor
- Property Condition: Very Good
Unit Information
- # Tenants: Single
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,279
- Lot Size Source: Estimated
- Lot Dimensions: 150.00 x 42.00
- Lot Features: Corner, Level
- Zoning: R2
- Lot Description: Corner, Level
Financial Considerations
- Price Per Sq. Ft.: $206.24
- Assessment Year: 2024
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $595,800
- Tax Amount: $13,767
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: All Laundromat Equipment, All Kitchen Appliances in the One Bedroom Apartment.
- Lot Number: 28
Listed by Callaway Henderson Sotheby's Int'l-Lambertville, Cynthia A Shoemaker-Zerrer
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Schools
Schools serving 99 S Main 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 99 S Main St
Date
Details
Price
Change
Source
7/16/2025
Price Reduced
$1,295,000
-4.07%
MLS
3/24/2025
Listed
$1,350,000
69.81%
MLS
11/06/2019
Sold
$795,000
—
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 99 S Main St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,769
18%
$619,300
4%
2023
$11,644
6%
$595,800
20%
2022
$11,023
6%
$497,200
4%
2021
$10,369
2%
$477,200
4%
2020
$10,154
24%
$457,200
—
2019
$8,195
—
$457,200
18%
2019
$8,195
2%
$387,100
—
2018
$8,071
6%
$387,100
4%
2017
$7,595
8%
$372,100
6%
2016
$7,046
5%
$352,100
6%
2015
$6,686
9%
$331,500
—
2013
$6,119
—
$331,500
—
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 99 S Main St
99 S Main Street, Lambertville, NJ 08530 (MLS# NJHT2003648) is a Apartment property. 99 S Main Street is currently listed for $1,295,000 and was received on March 24, 2025. Want to learn more about 99 S Main Street? Do you have questions about finding other Apartment real estate for sale in Lambertville? You can browse all Lambertville real estate or contact a Coldwell Banker agent to request more information.

