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$249,999 Sale Pending
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Property Description
Discover a hidden gem with incredible investment potential! This charming ranch-style home, built in 1960, sits on a generous 0.81-acre lot, offering ample space for expansion or development. The home features 2 bedrooms, 2 bathrooms and an unfinished basement, providing a blank canvas for your creative vision-transform it into a cozy retreat or a lucrative rental space. With no association fees and a prime location, this property is perfect for investors seeking to capitalize on the growing demand for residential rentals, to fully renovate as the property sits or to envision adding an additional level or building out. The driveway offers convenient parking, while the serene surroundings create a warm and inviting atmosphere. This property is not just a house; it's an opportunity to develop the property or build equity to generate income. Don't miss your chance to invest in a property with endless possibilities!
Full Property Details
Full Property Details for 16 New Rd
General
- Price: $249,999
- Taxes: $8,672 (2024)
- Status: Pending
- Type: Single Family
- Source: BrightMLSTriStates
- MLS ID: NJME2065650
- Updated: 12/17/2025
- Added to Site: 123 day(s) ago
Interior
- Number of Rooms: 4
- Rooms/Areas: Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2
- Interior Features: Other
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main & Up: 2
Exterior
- Exterior Features: Other
Parking
- Parking Type: Driveway
Location
- Area: Hopewell Twp (21106)
- Municipality: HOPEWELL TWP
- County: MERCER
- Development Name: Hopewell Woods
- Subdivision: Hopewell Woods
- Cross Streets: Louellen
- Driving Directions: Georgetown Franklin Tpke to Louellen St, LEFT onto New Rd, 16 NEW on your left hand side
School Information
- School District: Hopewell Valley Regional Schools
- Elementary School: Bear Tavern
- Middle School: Timberlane M.S.
- High School: Central H.S.
Heating & Cooling
- Cooling Type: Other
- Cooling Fuel: Other
- Heating Type: Other
- Heating Fuel: Other
- Water Heater: Other
Utilities
- Sewer: On Site Septic
- Water: Well
Structural Information
- Architectural Style: Ranch/Rambler
- Structure Type: Detached
- Construction: Other
- Basement: Yes
- Basement Desc.: Unfinished
- Foundation: Other
- Roof: Asphalt
- Stories Description: Main
- Square Feet: 1,222
- Sq. Ft. Source: Estimated
- Living Area: 1,222 Sq. Ft.
- Finished Above Grnd: 1,222 Sq. Ft.
- Year Built: 1960
- Year Built Source: Estimated
Lot Features
- Lot Size (Acres): 0.81
- Lot Size (Sq. Ft.): 35,284
- Lot Size Source: Estimated
- Zoning: MRC
Financial Considerations
- Price Per Sq. Ft.: $204.58
- Assessment Year: 2025
- Tax w/Assessment: $274,700
- Tax Amount: $8,672
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 35
Listed by EXP Realty, LLC, Kathryn E Fedak
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Schools
Schools serving 16 New Rd
School District:Hopewell Valley Regional School District
| Name | Grades | Distance |
|---|---|---|
Central High School, Pennington, NJ 259 Pennington - Titusville Road, Pennington, NJ 08534 | 9-12 | 3.6 mi |
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 16 New Rd
Date
Details
Price
Change
Source
9/18/2025
Listed
$249,999
-9.09%
MLS
2/08/2005
Sold
$275,000
—
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 16 New Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,672
5%
$274,700
—
2022
$8,222
-2%
$274,700
—
2021
$8,403
7%
$274,700
—
2020
$7,818
3%
$274,700
5%
2019
$7,627
2%
$261,900
—
2018
$7,485
3%
$261,900
—
2017
$7,281
6%
$261,900
—
2016
$6,883
2%
$261,900
—
2015
$6,747
2%
$261,900
—
2013
$6,589
—
$261,900
—
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 16 New Rd
16 New Road, Lambertville, NJ 08530 (MLS# NJME2065650) is a Single Family property with 2 bedrooms and 2 full bathrooms. 16 New Road is currently listed for $249,999 and was received on September 18, 2025. Want to learn more about 16 New Road? Do you have questions about finding other Single Family real estate for sale in Lambertville? You can browse all Lambertville real estate or contact a Coldwell Banker agent to request more information.
