Seller's Agent in 2022
Beth Steffanelli
Callaway Henderson Sotheby's Int'l-Lambertville
(609) 397-8000
12 in this area
70 Total Sales
71 N Union St Lambertville, NJ 08530
Estimated Value: $730,000 - $944,067
--
Bed
--
Bath
--
Sq Ft
1,694
Sq Ft Lot
Highlights
- Colonial Architecture
- Wood Flooring
- Formal Dining Room
- Deck
- Corner Lot
- Eat-In Kitchen
About This Home
As of April 2022Very much a standout in a heart of town location, enjoy the perks of life in Lambertville in this spacious multi-family home returning a strong and secure income for an astute investor. There is so much flexible opportunity here whether it is to live in the 3-bedroom, 2-floor unit while offsetting the mortgage with income from a sweet 1-bedroom apartment reached via a separate staircase. Opt to rent out both or convert this home back to a single-family with 4 bedrooms, 2.5 bathrooms. Regardless, the charming character details found in both units are sure to tug at your heartstrings. Located on the corner, the 3-bedroom unit lives more like a single-family house than an apartment featuring classic millwork, fresh paint in both the living and dining rooms, wood floors, and large sash windows to let in the light. The kitchen is spacious enough for a table and chairs with its own handy side entrance and new quartz countertops. Laundry is tucked in a closet next to the powder room in this unit, while the other apartment features a compact, yet super-efficient stacked laundry in its renovated bathroom. All three bedrooms in the main unit are spacious with generous closet storage and share a classic yet updated black and white checkered bathroom. The one-bedroom unit has treetop views from a very spacious deck adding extra living space in the warm months. Enjoy the dual-income capacity here with separate utilities including gas heat and electricity. So close to the towpath and Lambertville shops and cafés, this is a fantastic find and should not be missed!
Last Agent to Sell the Property
Callaway Henderson Sotheby's Int'l-Lambertville License #RM424855 Listed on: 12/08/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,744
Year Built
- Built in 1850 | Remodeled in 2004
Lot Details
- 1,694 Sq Ft Lot
- Lot Dimensions are 22.00 x 77.00
- Downtown Location
- Corner Lot
- Back Yard
- Property is in good condition
Parking
- On-Street Parking
Home Design
- Duplex
- Colonial Architecture
- Brick Exterior Construction
- Stone Foundation
- Asphalt Roof
- Stucco
Interior Spaces
- Ceiling Fan
- Formal Dining Room
- Stacked Electric Washer and Dryer
- Unfinished Basement
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
- Built-In Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Tile or Brick
Bedrooms and Bathrooms
- En-Suite Bathroom
- Soaking Tub
- Bathtub with Shower
Outdoor Features
- Deck
- Rain Gutters
Schools
- Lambertville Elementary School
- South Hunterdon Regional Middle School
- South Hunterdon Regional High School
Utilities
- Radiator
- Electric Water Heater
- Municipal Trash
- Cable TV Available
Listing and Financial Details
- The owner pays for common area maintenance, water
- Tax Lot 00013
- Assessor Parcel Number 17-01028-00013
Community Details
Overview
- 2 Units
Building Details
- 1 Vacant Unit
- Income includes apartment rentals
- Insurance Expense $2,120
- Operating Expense $15,380
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 8, 2021
Closed on
Apr 5, 2022
Sold by
Woodrose Properties Llc
Bought by
Cranford Partners Llc
Seller's Agent
Beth Steffanelli
Callaway Henderson Sotheby's Int'l-Lambertville
Buyer's Agent
Bradley Sanford
River Valley Realty, LLC
List Price
$719,900
Sold Price
$710,000
Premium/Discount to List
-$9,900
-1.38%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,517
Avg. Annual Appreciation
4.87%
Original Mortgage
$450,000
Interest Rate
5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 17, 2003
Sold by
Voorhees Beryl
Bought by
Woodrose Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,750
Interest Rate
5.52%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cranford Partners Llc | $710,000 | Old Republic Title | |
| Woodrose Properties Llc | $345,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Cranford Partners Llc | $450,000 | |
| Previous Owner | Woodrose Properties Llc | $250,000 | |
| Previous Owner | Woodrose Properties Llc | $258,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/11/2022 04/11/22 | Sold | $710,000 | -1.4% | -- |
| 02/19/2022 02/19/22 | Pending | -- | -- | -- |
| 12/08/2021 12/08/21 | For Sale | $719,900 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $16,836 | $765,400 | $366,000 | $399,400 |
| 2024 | $16,279 | $728,500 | $336,000 | $392,500 |
| 2023 | $16,279 | $695,100 | $306,000 | $389,100 |
| 2022 | $12,077 | $522,800 | $296,000 | $226,800 |
| 2021 | $11,744 | $517,800 | $291,000 | $226,800 |
| 2020 | $11,389 | $512,800 | $286,000 | $226,800 |
| 2019 | $10,856 | $512,800 | $286,000 | $226,800 |
| 2018 | $10,588 | $507,800 | $281,000 | $226,800 |
| 2017 | $10,160 | $497,800 | $271,000 | $226,800 |
| 2016 | $9,861 | $492,800 | $266,000 | $226,800 |
| 2015 | $9,899 | $490,800 | $266,000 | $224,800 |
| 2014 | $9,782 | $490,800 | $266,000 | $224,800 |
Source: Public Records
Agents Affiliated with this Home
-
Beth Steffanelli
-
Bradley Sanford
Buyer's Agent in 2022
Bradley Sanford
River Valley Realty, LLC
(908) 797-6484
31 in this area
46 Total Sales
Map
Source: Bright MLS
MLS Number: NJHT2000490
APN: 17-01028-0000-00013
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.
Nearby Homes
- 16 Lambert Ln
- 14 Lambert Ln
- 71-75 N Main St
- 56 N Main St
- 97 N Main St
- 12 N Main St
- 10 McCready's Alley
- 72A N Franklin St
- 72 N Franklin St Unit A
- 17 S Union St
- 28 Swan St
- 38 Swan St
- 23 Swan St
- 27 Swan St
- 149 George St
- 46 S Main St
- 17 Wilson St Unit 2
- 17 Wilson St Unit 1
- 17 Wilson St Unit 2
- 17 Wilson St Unit 1