$239,000
SOLD APR 28, 2023

5 Arnett Ave Lambertville, NJ 08530

2 Beds
1 Bath
1,371 Sq Ft
1,598 Sq Ft Lot

Recently Sold

$174 Per Sq Ft

24% Below List Price

94 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Breakfast Area or Nook
  • Loft
  • Den
  • Stainless Steel Appliances

About This Home

As of April 2023

NEW PRICE! - Great Investment Opportunity.
Tucked away on a quiet side street, welcome to this newly refurbished in-town home with three floors of living space. Start your day enjoying your morning coffee on the covered front porch. Enter into the oversized living /dining area with all new LVT flooring, exposed brick and charming pine accented staircase to the second floor. The adjoining eat-in kitchen features crisp white cabinetry, granite countertops, and stainless appliances. Double windows flood the room with light, and a door leads to the side porch. Upstairs, two bedrooms plus a bonus room share a full bath, continuing the pine accents. An airy finished third floor space has multiple skylights and exposed brick. The backyard is fully fenced, with room for play, pets or gardening. Take advantage of all the shops and businesses in the north-end of town including a natural food market, coffee bar, a craft ice cream shop, local restaurants and shops, and still be able to walk to all Lambertville and New Hope have to offer. Easy access to the D & R tow path.
Home is in good/renovated condition, however additional work to be completed before habitable to meet FEMA requirements.

Last Agent to Sell the Property

KRAYL FUNCH

River Valley Properties License #2184954 Listed on: 10/25/2022

Last Buyer's Agent

Erin McManus-Keyes

Corcoran Sawyer Smith License #RS336450

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,052

Year Built

  • Built in 1900

Lot Details

  • 1,598 Sq Ft Lot
  • Lot Dimensions are 17.00 x 94.00
  • Downtown Location
  • Wood Fence

Parking

  • On-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Traditional Architecture
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 1,371 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Skylights
  • Open Floorplan
  • Dining Area
  • Den
  • Loft

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Cedar Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Schools

  • Lambertville Elementary School
  • South Hunterdon Regional Middle School
  • South Hunterdon Regional High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System
  • Natural Gas Water Heater
  • Private Sewer
  • Cable TV Available

Additional Features

  • Porch
  • Flood Risk

Listing and Financial Details

  • Tax Lot 00043
  • Assessor Parcel Number 17-01006-00043

Community Details

Overview

  • No Home Owners Association
  • Lambertville City Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,052

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: Washer, Dryer, Refrigerator, Range, Dishwasher
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: Yes
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: NEW PRICE! - Great Investment Opportunity. Tucked away on a quiet side street, welcome to this newly refurbished in-town home with three floors of living space. Start your day enjoying your morning coffee on the covered front porch. Enter into the oversized living /dining area with all new LVT flooring, exposed brick and charming pine accented staircase to the second floor. The adjoining eat-in kitchen features crisp white cabinetry, granite countertops, and stainless appliances. Double windows flood the room with light, and a door leads to the side porch. Upstairs, two bedrooms plus a bonus room share a full bath, continuing the pine accents. An airy finished third floor space has multiple skylights and exposed brick. The backyard is fully fenced, with room for play, pets or gardening. Take advantage of all the shops and businesses in the north-end of town including a natural food market, coffee bar, a craft ice cream shop, local restaurants and shops, and still be able to walk to all Lambertville and New Hope have to offer. Easy access to the D & R tow path. Home is in good/renovated condition, however additional work to be completed before habitable to meet FEMA requirements.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Refrigerator, Dishwasher, Oven/Range - Gas, Washer, Dryer, Microwave, Stainless Steel Appliances
  • Flooring Type: Carpet, Ceramic Tile, Luxury Vinyl Tile
  • Interior Amenities: Breakfast Area, Carpet, Cedar Closet(s), Ceiling Fan(s), Combination Kitchen/Dining, Combination Dining/Living, Dining Area, Kitchen - Eat-In, Kitchen - Table Space, Skylight(s)
  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 3
  • Room Count: 6
  • Room List: Loft, Office
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement
  • Total Sq Ft: 1371
  • Living Area Sq Ft: 1371
  • Price Per Sq Ft: 181.62
  • Above Grade Finished Sq Ft: 1371
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5

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: Frame, Brick
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Unknown
  • View: Street
  • 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 Fuel: Electric
  • Cooling Type: Wall Unit, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Private Sewer
  • Utilities: Natural Gas Available, Electric Available, Cable Tv Available, Sewer Available, Water Available
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

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

Schools

  • School District: SOUTH HUNTERDON REGIONAL
  • Elementary School: LAMBERTVILLE
  • Middle School: SOUTH HUNTERDON REGIONAL M.S.
  • High School: SOUTH HUNTERDON REGIONAL H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396159
  • School District Source: Listing Agent
  • Elementary School: LAMBERTVILLE
  • High School: SOUTH HUNTERDON REGIONAL H.S.
  • Middle Or Junior School: SOUTH HUNTERDON REGIONAL M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Wood
  • Improvement Assessed Value: 95000.00
  • Land Assessed Value: 216000.00
  • Lot Size Acres: 0.04
  • Lot Dimensions: 17.00 x 94.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1598.00
  • Outdoor Living Structures: Porch(es)
  • Year Assessed: 2022
  • Zoning: R-2

Rental Info

  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Multi Family

  • Federal Flood Zone: AE

Tax Info

  • Assessor Parcel Number: 3711986
  • Tax Annual Amount: 7052.00
  • Assessor Parcel Number: 17-01006-00043
  • Tax Lot: 00043
  • Tax Total Finished Sq Ft: 1371
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 04/28/2023

MLS Schools

  • School District Name: SOUTH HUNTERDON REGIONAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2017
Closed on
Oct 26, 2017
Sold by
Bentley Maurren S
Bought by
Shirk Elizabeth S
Seller's Agent
Mary Jane Kent
David DePaola and Company Real Estate
Buyer's Agent
Kim Ward Bacso
River Valley Realty, LLC
List Price
$269,900
Sold Price
$262,500
Premium/Discount to List
-$7,400
-2.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.42%
Original Mortgage
$195,000
Outstanding Balance
$164,563
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$229,653

Purchase Details

Closed on
Aug 20, 2001
Sold by
Pierman James F
Bought by
Bentley Maureen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.91%
Source: Public Records

Range of Values:

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List Price
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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
Interfamily Deed Transfer -- None Available
Deed $185,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $195,000 New Conventional
Closed $147,000 New Conventional
Closed $25,000 Credit Line Revolving
Closed $148,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 Price Changed $375,000 -6.0% $274 / Sq Ft
06/16/2025 06/16/25 For Sale $399,000 +66.9% $291 / Sq Ft
04/28/2023 04/28/23 Sold $239,000 -4.0% $174 / Sq Ft
01/27/2023 01/27/23 Pending -- -- --
01/05/2023 01/05/23 Price Changed $249,000 -15.6% $182 / Sq Ft
11/12/2022 11/12/22 Price Changed $295,000 -6.3% $215 / Sq Ft
10/25/2022 10/25/22 For Sale $315,000 +20.0% $230 / Sq Ft
11/10/2017 11/10/17 Sold $262,500 -2.7% $191 / Sq Ft
10/03/2017 10/03/17 Pending -- -- --
09/20/2017 09/20/17 For Sale $269,900 -- $197 / Sq Ft
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
2024 $7,518 $326,800 $231,000 $95,800
2023 $7,518 $321,000 $226,000 $95,000
2022 $7,184 $311,000 $216,000 $95,000
2021 $6,160 $296,000 $201,000 $95,000
2020 $6,574 $296,000 $201,000 $95,000
2019 $6,160 $291,000 $196,000 $95,000
2018 $5,859 $281,000 $186,000 $95,000
2017 $5,874 $287,800 $181,000 $106,800
2016 $5,739 $286,800 $180,000 $106,800
2015 $5,696 $282,400 $176,500 $105,900
2014 $5,628 $282,400 $176,500 $105,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJHT2001418

Bright MLS

APN: 17-01006-0000-00043