$609,000
SOLD SEP 12, 2024

55 S Union St Lambertville, NJ 08530

3 Beds
2.5 Baths
2,248 Sq Ft
6,368 Sq Ft Lot

Recently Sold

$271 Per Sq Ft

24% Below List Price

53 Days on Market

Highlights

  • 0.15 Acre Lot
  • Victorian Architecture
  • No HOA
  • Home fronts a canal
  • Attic
  • 1-minute walk to Cavallo Park

About This Home

As of September 2024

Motivated seller. Huge price adjustment. Are you looking for a change in your lifestyle? Then this is your opportunity to live in the charming town of Lambertville. This 3 bedroom, 2 ½ bath house is located on a quiet street that is just minutes to top restaurants and shops. Brick walkway and stone steps lead to the porch where you can sit and enjoy the serenity of this lovely street. The back porch will be your special retreat as you watch the ducks and birds wander from the canal that is just behind your yard.That’s the little secret of the homes that are situated along the D&R canal. The Foyer has pocket doors that open to the spacious Living Room that features triple bay windows, crown molding and 10” baseboard molding. Pocket doors open to the formal Dining Room also with crown and baseboard molding. The Kitchen has newer stainless steel appliances including a 5 burner gas stove, vent out hood, recessed lighting and granite counters. There’s an adjacent bonus room that would make a wonderful Family Room or Study. A convenient powder room is located just off the Kitchen. Upstairs you will find the sleeping quarters and two full baths that have been updated. The primary bedroom has a sitting room (where the stackable washer and dryer are located) and ensuite bathroom. Hardwood flooring flows throughout and there are several stained glass windows. Some of the original woodwork including the banisters gives a hint of times past. There’s even a finished attic with skylights for the artist in your family to enjoy. The property is part of an estate and is offered strictly AS-IS. Buyer is responsible for any municipal inspections. There Currently is no heater.

Last Agent to Sell the Property

Gilbert Cheeseman

Coldwell Banker Residential Brokerage-Princeton Jct License #RS3279978 Listed on: 06/06/2024

Coldwell Banker Residential Brokerage-Princeton Jct

Last Buyer's Agent

Jennifer Tome-Berry

BHHS Fox & Roach -Yardley/Newtown License #RS282998

BHHS Fox & Roach -Yardley/Newtown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,412

Year Built

  • Built in 1888

Lot Details

  • 6,368 Sq Ft Lot
  • Lot Dimensions are 35.00 x 182.00
  • Home fronts a canal
  • Property is zoned R2

Parking

  • Driveway

Home Design

  • Victorian Architecture
  • Stone Foundation
  • Frame Construction

Interior Spaces

  • 2,248 Sq Ft Home
  • Property has 2.5 Levels
  • Family Room
  • Sitting Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Location

  • Flood Risk

Utilities

  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00004
  • Assessor Parcel Number 17-01052-00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,412

Year Built

Built in 1888

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1888
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Remarks Public: Motivated seller. Huge price adjustment. Are you looking for a change in your lifestyle? Then this is your opportunity to live in the charming town of Lambertville. This 3 bedroom, 2 ½ bath house is located on a quiet street that is just minutes to top restaurants and shops. Brick walkway and stone steps lead to the porch where you can sit and enjoy the serenity of this lovely street. The back porch will be your special retreat as you watch the ducks and birds wander from the canal that is just behind your yard.That’s the little secret of the homes that are situated along the D&R canal. The Foyer has pocket doors that open to the spacious Living Room that features triple bay windows, crown molding and 10” baseboard molding. Pocket doors open to the formal Dining Room also with crown and baseboard molding. The Kitchen has newer stainless steel appliances including a 5 burner gas stove, vent out hood, recessed lighting and granite counters. There’s an adjacent bonus room that would make a wonderful Family Room or Study. A convenient powder room is located just off the Kitchen. Upstairs you will find the sleeping quarters and two full baths that have been updated. The primary bedroom has a sitting room (where the stackable washer and dryer are located) and ensuite bathroom. Hardwood flooring flows throughout and there are several stained glass windows. Some of the original woodwork including the banisters gives a hint of times past. There’s even a finished attic with skylights for the artist in your family to enjoy. The property is part of an estate and is offered strictly AS-IS. Buyer is responsible for any municipal inspections. There Currently is no heater.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Levels Count: 2.5
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Kitchen, Family Room, Attic, Primary Bathroom, Full Bath
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2248
  • Living Area Sq Ft: 2248
  • Price Per Sq Ft: 310.94
  • Above Grade Finished Sq Ft: 2248
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 55

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.15
  • Lot Dimensions: 35.00 x 182.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6368.00
  • Year Assessed: 2022
  • Zoning: R2

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 12412.00
  • Assessor Parcel Number: 17-01052-00004
  • Tax Lot: 00004
  • Tax Total Finished Sq Ft: 2248
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 09/12/2024

MLS Schools

  • School District Name: LAMBERTVILLE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2024
Closed on
Sep 9, 2024
Sold by
Clyne James D and Clyne Heather Leigh
Bought by
Mastrilli Lynne
Seller's Agent
Gilbert Cheeseman
Coldwell Banker Residential Brokerage-Princeton Jct
Buyer's Agent
Jennifer Tome-Berry
BHHS Fox & Roach -Yardley/Newtown
List Price
$796,340
Sold Price
$609,000
Premium/Discount to List
-$187,340
-23.53%
Total Days on Market
53
Views
96
Current Estimated Value
$639,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,896
Avg. Annual Appreciation
7.11%
Original Mortgage
$404,756
Outstanding Balance
$402,265
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$237,631

Purchase Details

Closed on
Aug 23, 2019
Sold by
Price A Turner
Bought by
Clyne James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 1999
Sold by
Helms Jessica E
Bought by
Price A Turner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,650
Interest Rate
6.85%

Purchase Details

Closed on
Feb 6, 1997
Sold by
Steen James
Bought by
Helms Jessica E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
7.57%

Purchase Details

Closed on
Aug 6, 1990
Sold by
Rolon Kerrie A and Rolon Antonio
Bought by
Steen James

Purchase Details

Closed on
Jul 19, 1989
Sold by
Joseph Harry S
Bought by
Joseph Kerrie A
Source: Public Records

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Range of Values:

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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
Bargain Sale Deed $609,000 Wfg National Title
Deed $575,000 Trident Abstract Ttl Agcy Ll
Deed $228,500 --
Deed $205,000 --
Quit Claim Deed $92,500 --
Deed $92,500 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $404,756 New Conventional
Previous Owner $250,000 Purchase Money Mortgage
Previous Owner $270,000 Unknown
Previous Owner $50,000 Credit Line Revolving
Previous Owner $205,650 No Value Available
Previous Owner $164,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2024 09/12/24 Sold $609,000 -12.9% $271 / Sq Ft
07/29/2024 07/29/24 Pending -- -- --
07/02/2024 07/02/24 Price Changed $699,000 -12.2% $311 / Sq Ft
06/06/2024 06/06/24 For Sale $796,340 -- $354 / 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 $12,935 $574,900 $278,800 $296,100
2023 $12,935 $552,300 $258,800 $293,500
2022 $12,643 $547,300 $253,800 $293,500
2021 $9,452 $542,300 $248,800 $293,500
2020 $11,891 $535,400 $243,800 $291,600
2019 $9,452 $446,500 $233,800 $212,700
2018 $9,101 $436,500 $223,800 $212,700
2017 $8,705 $426,500 $213,800 $212,700
2016 $8,234 $411,500 $198,800 $212,700
2015 $8,161 $404,600 $193,800 $210,800
2014 $8,064 $404,600 $193,800 $210,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJHT2002958

Bright MLS

APN: 17-01052-0000-00004