$200,000
SOLD MAY 2, 2025

40 S Union St Lambertville, NJ 08530

2 Beds
1 Bath
1,272 Sq Ft
1,386 Sq Ft Lot

Recently Sold

$157 Per Sq Ft

20% Below List Price

Highlights

  • Colonial Architecture
  • 60+ Gallon Tank
  • Hot Water Baseboard Heater
  • No HOA
  • Wood Fence
  • 2-minute walk to Cavallo Park

About This Home

As of May 2025

Discover the charm and potential of this delightful brick home, nestled in the heart of Lambertville, recently ranked 3rd on USA Today's 2024 "Best Small Towns in the Northeast." This residence offers an exceptional opportunity to enjoy the best of both worlds: a serene, quaint neighborhood with vibrant downtown amenities just two short blocks away. A large unfinished walk-up attic offers incredible potential for customization. Directly across the street, the canal path entrance offers picturesque views and recreational opportunities. The fenced-in yard provides a peaceful, private space for relaxation and entertaining. With its desirable location and unique features, this property is well-suited for use as an Airbnb or vacation rental, providing an excellent opportunity for additional income. This home is in a flood zone and requires flood insurance. The City may also require the basement be filled or the building be lifted with a variance if there is a substantial improvement. Please inquire with the Lambertville City Construction Office for further information. Don't miss your chance to own this unique property in one of the Northeast's most celebrated small towns.

Last Agent to Sell the Property

Vincent Baricaua

RE/MAX Our Town License #0787078 Listed on: 01/16/2025

RE/MAX Our Town

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,445

Year Built

  • Built in 1880

Lot Details

  • 1,386 Sq Ft Lot
  • Lot Dimensions are 18.00 x 77.00
  • Wood Fence

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,272 Sq Ft Home
  • Property has 2 Levels
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Flood Risk

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • 60+ Gallon Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00036
  • Assessor Parcel Number 17-01045-00036

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,445

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1880
  • Automatically Close On Close Date: No
  • Remarks Public: Discover the charm and potential of this delightful brick home, nestled in the heart of Lambertville, recently ranked 3rd on USA Today's 2024 "Best Small Towns in the Northeast." This residence offers an exceptional opportunity to enjoy the best of both worlds: a serene, quaint neighborhood with vibrant downtown amenities just two short blocks away. A large unfinished walk-up attic offers incredible potential for customization. Directly across the street, the canal path entrance offers picturesque views and recreational opportunities. The fenced-in yard provides a peaceful, private space for relaxation and entertaining. With its desirable location and unique features, this property is well-suited for use as an Airbnb or vacation rental, providing an excellent opportunity for additional income. This home is in a flood zone and requires flood insurance. The City may also require the basement be filled or the building be lifted with a variance if there is a substantial improvement. Please inquire with the Lambertville City Construction Office for further information. Don't miss your chance to own this unique property in one of the Northeast's most celebrated small towns.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 2
  • Room Count: 5
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1272
  • Living Area Sq Ft: 1272
  • Price Per Sq Ft: 195.75
  • Above Grade Finished Sq Ft: 1272
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 40

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: LAMBERTVILLE
  • School District Key: 300200396167
  • School District Source: Listing Agent

Lot Info

  • Fencing: Wood
  • Lot Size Acres: 0.03
  • Lot Dimensions: 18.00 x 77.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1386.00
  • Year Assessed: 2022
  • Zoning: R2

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Multi Family

  • Federal Flood Zone: AE

Tax Info

  • Tax Annual Amount: 8445.00
  • Assessor Parcel Number: 17-01045-00036
  • Tax Lot: 00036
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 05/02/2025

MLS Schools

  • School District Name: LAMBERTVILLE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2025
Closed on
Apr 29, 2025
Sold by
Camerman Michael A and Camerman Estelle L
Bought by
Evermark Investments Llc
Seller's Agent
Vincent Baricaua
RE/MAX Our Town
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$249,000
Sold Price
$200,000
Premium/Discount to List
-$49,000
-19.68%
Views
106
Current Estimated Value
$308,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,000
Avg. Annual Appreciation
231.81%
Original Mortgage
$327,000
Outstanding Balance
$325,842
Interest Rate
6.65%
Mortgage Type
Construction
Estimated Equity
-$17,842

Purchase Details

Closed on
Aug 31, 2005
Sold by
Fuller Robert H
Bought by
Camerman Michael A and Camerman Estelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Interest Rate
7.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 11, 2003
Sold by
Fuller Bozena
Bought by
Fuller Robert H
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $200,000 Clear Skies Title
Deed $200,000 Clear Skies Title
Deed $135,000 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $327,000 Construction
Closed $327,000 Construction
Previous Owner $169,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2025 05/02/25 Sold $200,000 -19.7% $157 / Sq Ft
01/16/2025 01/16/25 For Sale $249,000 -- $196 / Sq Ft
12/31/2024 12/31/24 Pending -- -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,209 $330,200 $285,800 $44,400
2024 $8,839 $398,500 $275,800 $122,700
2023 $8,839 $377,400 $255,800 $121,600
2022 $8,602 $372,400 $250,800 $121,600
2021 $8,333 $367,400 $245,800 $121,600
2020 $8,049 $362,400 $240,800 $121,600
2019 $7,460 $352,400 $230,800 $121,600
2018 $7,139 $342,400 $220,800 $121,600
2017 $6,784 $332,400 $210,800 $121,600
2016 $6,351 $317,400 $195,800 $121,600
2015 $6,279 $311,300 $190,800 $120,500
2014 $6,204 $311,300 $190,800 $120,500
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Bright MLS

MLS Number: NJHT2003524

Bright MLS

APN: 17-01045-0000-00036