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116 N Main St

Lambertville City, NJ 08530
  • $825,000
  • STATUS: Active
  • ON SITE: 66 Days
  • MLS #: 3788148
$825,000
  • 4
    BEDS
  • 0.22
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,968
    SQFT
  • $419
    $/SQFT
Type:
Multi-Family
Built:
1878
County:

School Information

Elementary School:
Middle School:
High School:

Description

Fantastic investment opportunity in the heart of Lambertville features a two family Victorian duplex, plus ten garage spaces on three parcels totaling .22 acres. This handsome blonde brick home is tucked next to the school ballpark affording open green views, and has period details and historic charm throughout including double entry front-doors with arched window, high ceilings, tall windows with shutters, built-ins, and a rocking chair front porch with awning for enjoying shady afternoons on Main St. The main floor unit offers two bedrooms, a full bathroom, kitchen, and gracious living room with glass-paned double doors and period mantel that flows into the dining room with chair rail and architectural pillars. Basement with laundry facilities and dry storage. Upstairs, the second unit has two spacious bedrooms and a full bathroom with ample storage. The eat-in-kitchen opens into a large living room with two doors leading out to a wrap-around balcony with plenty of room for grilling and enjoying rooftop views of this historic town. Walk-up attic for additional storage. With a strong leasing history, unique rental offerings, abundant off-street parking, and multiple lots, the possibilities are many.

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Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kay Platinum Real Estate Group | EXP Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Kay Platinum Real Estate Group | EXP Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-08-14T23:46:12.297.
www.kayplatinumgroup.com/homes/129685665
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116 N Main St Lambertville City, NJ 08530

  • Price: $825,000
  • Status: Active
  • On Site: 66 Days
  • MLS #: 3788148
4
Beds
2
Baths
0
½ Baths
0.22
Acres
1,968
SQFT
$419
$/SQFT
1878
Built
County:
Hunterdon
Area:
Lambertville City
Elementary School:
Lambertvle
Middle School:
S.Hunterdn
High School:
S.Hunterdn
Property Description
Fantastic investment opportunity in the heart of Lambertville features a two family Victorian duplex, plus ten garage spaces on three parcels totaling .22 acres. This handsome blonde brick home is tucked next to the school ballpark affording open green views, and has period details and historic charm throughout including double entry front-doors with arched window, high ceilings, tall windows with shutters, built-ins, and a rocking chair front porch with awning for enjoying shady afternoons on Main St. The main floor unit offers two bedrooms, a full bathroom, kitchen, and gracious living room with glass-paned double doors and period mantel that flows into the dining room with chair rail and architectural pillars. Basement with laundry facilities and dry storage. Upstairs, the second unit has two spacious bedrooms and a full bathroom with ample storage. The eat-in-kitchen opens into a large living room with two doors leading out to a wrap-around balcony with plenty of room for grilling and enjoying rooftop views of this historic town. Walk-up attic for additional storage. With a strong leasing history, unique rental offerings, abundant off-street parking, and multiple lots, the possibilities are many.
Exterior Features

Approximate Lot Size .22AC Color Of Building Beige Exterior Description Aluminum SidingBrick Exterior Features Open Porch(Es) Garage Description Detached Garage Lot Description Irregular Lot Number Of Parking Spaces 5 Parking Driveway Description Additional ParkingDriveway-ExclusiveOff-Street Parking Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Finished-Partially Cooling Ceiling Fan Heating Radiators - Hot Water Interior Features CarpetingHigh CeilingsWood Floors Total Number Of Rooms 12 Unit1 Appliances Equipment CeilfanCookgasDishwshrDryerRgovgasRefrigWasher Unit1 Baths 1.0 Unit1 Bedrooms 2 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 2 Unit1 Room Description BedroomsDining RoomKitchenLiving RoomPorchUtility Room Unit1 Rooms 6 Unit1 Security Deposit 0 Unit1 Sq Ft 710 Unit2 Appliances Equipment CeilfanCookgasDishwshrDryerRgovgasRefrigWasher Unit2 Baths 1.0 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description AtticBedroomsEat-In KitchenLiving/Dining RoomPorchSee Remarks Unit2 Rooms 6 Unit2 Sq Ft 702

Property Features

Assessment Total 389000 Building Assessment 186700 Easement Unknown Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 41400 Land Assessment 202300 Net Operating Income 26723 Sewer Public Sewer Tax Amount 8167 Tax Rate Amount 2.268 Tax Rate Year 2021 Tax Year 2021 Total Operating Expense 14677 Unit Style 2-Two Story Unit1 Owner Tenant Pays Owner Pays ElectricOwner Pays GasOwner Pays HeatOwner Pays Water Unit1 Rent 2000 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays ElectricOwner Pays GasOwner Pays HeatOwner Pays Water Unit2 Rent 0 Unit2 Security Deposit 0 Utilities Gas-Natural Water Public Water Water Heater Gas Year Built Description Approximate Zoning R-2

Listing information © 2022 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of River Valley Realty Llc.


Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kay Platinum Real Estate Group | EXP Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Kay Platinum Real Estate Group | EXP Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-08-14T23:46:12.297.
 
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