40 S UNION STREETLAMBERTVILLE, NJ 08530

Townhouse · 2 Beds · 1 Full Bath · 1 Half Bath · 0.03 Acres
$299,999 ACTIVE

40 S UNION STREET Overview

Time on Site:
11 days
Visits:
0

Opportunity awaits in the heart of Lambertville, known for being one of New Jersey's most celebrated small towns. Now completely gutted and ready for redevelopment, this brick home offers a blank canvas for investors, builders, or buyers looking to create a custom residence tailored to their vision. Located just two blocks from Lambertville's vibrant downtown shops, restaurants, and galleries, the property also enjoys direct access to the scenic canal path directly across the street. Seller had approved plans to expand to property to 3 bedrooms, 3.1 bathrooms, which could bring the after repair value to approximately $680 - $700k. Seller will provide approved plans to convert into a 3 bedroom, 3 and half bathroom home if buyer desires. Ideal for a primary residence, weekend retreat, or investment project, this property offers endless possibilities in a highly desirable location.

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40 S UNION STREET Facts & Features

  • Type Townhouse
  • Lot 0.03 Acres

Details

General

Association/HOA

  • Association: No
  • Condo/Coop Association: No

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Pool: No Pool
  • Total SQFT: 0
  • Year Built: 1880

Location/Region

  • Country: US
  • County: HUNTERDON
  • County Or Parish: HUNTERDON
  • MLS Area Major: Lambertville City (21017)
  • Subdivision Name: NONE AVAILABLE

Parking Information

  • Type of Parking: On Street

Rent/Lease Information

  • Lease Considered: No

Tax Information

  • Tax Annual Amount: $7,472.00
  • Tax Assessed Value: 330200.00
  • Tax Year: 2025

General Information

  • Exclusions: See SD
  • Furnished: No
  • Inclusions: See SD
  • Property Condition: Major Rehab Needed
  • Property Type: Residential
  • School District Name: LAMBERTVILLE
  • Senior Community: No
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2025
  • Zoning: R2

Interior

Building Information

  • Cooling Fuel: None
  • Heating Fuel: Natural Gas

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Full Main Level: 1
  • Bathrooms Half: 1
  • Bathrooms Half Main Level: 1
  • Bathrooms Total: 2
  • Bedrooms Total: 2

Building Exterior/Construction

  • Structure Type: End of Row/Townhouse

Building Interior

  • Above Grade Finished Area: 0
  • Above Grade Finished Area Source: Estimated
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area: 0
  • Below Grade Finished Area Source: Estimated
  • Below Grade Finished Area Units: Square Feet
  • Central Air: No
  • Hot Water: 60+ Gallon Tank

General Information

  • Accessibility Features: None
  • Cooling: None
  • Fireplace: No
  • Foundation Details: Other
  • Levels: 2
  • Living Area: 0
  • Living Area Source: Estimated
  • Main Level Bathrooms: 2.00
  • Main Level Bedrooms: 2
  • Other Equipment: See Remarks
  • Rooms Total: 5
  • Spa: No

Exterior

Lot Information

  • Lot Size Dimensions: 18.00 x 77.00
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 1386.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Colonial
  • Construction Materials: Brick

General Information

  • Horse: No
  • Other Structures: Above Grade,Below Grade
  • Sewer: Public Sewer
  • Water Access: No

40 S UNION STREET Neighborhood

Community

08530 (LAMBERTVILLE) Demographics

50
Median Age
286
Population Density (per sq. mile)
58%
College Educated
$108,963
Estimated Median Income
2,141
Estimated Total Home Owners
817
Estimated Total Renters
72% / 28%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

40 S UNION STREET Monthly Cost

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$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

40 S UNION STREET Market Data

Based on the last 30 days in this zip code

$957,695
Average List Price
$434
Average Price per Square Foot
4
Properties Sold
103
Average Days on Market
45
Properties for Sale
Calculations provided by Reliance Network

40 S UNION STREET History

Date Event Value Agent
6/18/2026Source: BRIGHT MLS Added to Database
June 18, 2026
5/3/2025Source: BRIGHT MLS Status Change
CLOSED
1/16/2025Source: BRIGHT MLS Added to Database
January 16, 2025
Listing provided courtesy of Real Broker, LLC- MLS# NJHT2005090MLS ProviderContact Information: [email protected] - 8554500442