Listing Details

26 Elm St,Lambertville City, NJ 08530-1511

  • February 13, 2026
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Description

Well-maintained two-family property in the heart of Lambertville – an outstanding opportunity for investors seeking strong income potential in a highly desirable market. The first-floor unit features an open layout where a bright living area flows into the eat-in kitchen, followed by a full bathroom and a generously sized bedroom with direct access to a fenced backyard and private off-street parking. The upper-level apartment includes one bedroom with exposed beams, a full bath, and a combined living and kitchen area with attractive street views. Laundry facilities are conveniently located in the basement. This turnkey investment offers immediate rental potential and a proven rental history, with separate utilities for each unit. Owners may choose to occupy one unit while generating income from the other, or maximize returns by leasing both apartments. Located just one block from the D&R Canal and towpath, and within easy walking distance to shops, restaurants, and the NYC bus, this in-town property delivers strong long-term value and consistent demand.

Details

Last Updated On: February 13th, 2026 at 8:25 pm
Property ID:PT-28276450-AXZR
Offer Type:For Multi Family
Property Type:Multi-Family
Price: 385,000 $
Bedrooms:2
Year Built:1920

Additional Details

Listing Details

Status: Active

Location

County: Hunterdon
Lotsize: 16X83 AV
Lot Identifier: 32
Lot Identifier: 32

Home Details

Open Parking: 0
Basement: Yes
Basmnt/Desc: Yes - Unfinished
Acreage: 0.03
Total Baths: 2.00
Unit Style: 2-Two Story, Under/Over
Number of Units: 2
Rooms: 4
Easement/Desc: Unknown
Roof Description: Asphalt Shingle
Possesion: Other
Unit 1 Appliances/Equipment: CookElec
Unit 1 Levels: 1
Unit 1 Rooms: 2
Unit 1 Beds: 1
Unit 1 Baths: 1.0
Unit 1 Owner/Tenant Pays: Tenant Pays Electric
Unit 1 Handicap: No
Unit 1 Room Description: Kitchen, Master Bedroom
Unit 2 Appliances/Equipment: CookElec
Unit 2 Levels: 2
Unit 2 Rooms: 2
Unit 2 Beds: 1
Unit 2 Baths: 1.0
Unit 2 Owner/Tenant Pays: Tenant Pays Electric
Unit 2 Handicap: No
Unit 2 Room Description: Kitchen, Master Bedroom
Block Identifier: 1006
County Number: 19
Town Number: 1917
YB/Desc: 1920 - Approximate
Easement: Unknown
Parking/Driveway Description: None
Block Identifier: 1006
County Number: 19
Town Number: 1917
Possession: Other

Taxes, Fees & Assessments

Gross Operating Income: 31200
Net Operating Income: 14426
Tax ID For Property: 1917-01006-0000-00032-0000-
Tax Amount: $7,136.00
Tax Year: 2024
Tax Rate: 2.167%
Tax Rate Year: 2025
Land Assessment: $200,800.00
Building Assessment: $114,900.00
Total Assessment: $315,700.00
FHA Age Restricted: No

Utilities

Water Heater: Electric
Heat Source: Electric
Heat System: Baseboard - Electric
Cool System: Window A/C(s)
Water: Public Water
Sewer: Public Sewer
Utilities: Electric

Statistics

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