Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Lambertville Mixed-Use Investment Opportunity Title is generated by Realmo AI

    77 S Union St, Lambertville, NJ 08530

    View on Map
    Claim this Listing
    For Sale
    $999,000

    CommercialSale - Lambertville City, NJ

    Property size:
    8,844 SF
    Lot size:
    0.21 Acres
    Price / SF:
    $112/SF
    Added:
    Apr 6, 2026
    Days on Market:
    47
    Last Refresh:
    May 22 at 3:06 am

    Property Features for 77 S Union St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    8,844 SF
    Lot size
    0.21 Acres

    Taxes and HOA fees

    Tax Annual Amount
    16395

    Utilities

    Heating system
    Wall Furnace

    Building Details

    Year built
    1980
    Number of units
    5
    Flooring type
    Concrete
    Roof type
    Flat
    Architectural style
    Other

    We can help!

    Listing Contact
    Rocco D'Armiento

    Listing agent Rocco D'Armiento

    Listing office BHHS Fox & Roach Princeton Home Marketing Center 253 Nassau Street, NJ

    Listing date Apr 6, 2026

    MLS# 4018687 Listing URL

    Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime mixed‑use/investment property in the heart of downtown Lambertville.
    • Strong income potential from 6 separate rental units.
    • Pre‑existing non‑conforming commercial use with redevelopment potential (buyer to verify).
    • Excellent walkability to Lambertville Station, shops, restaurants, and galleries.
    • Features 5 oversized 12' high overhead garage doors and approx. 13' ceiling height.
    • Located directly across from a park and overlooks the Delaware & Raritan Canal and walking path.

    Overview

    Located in the heart of downtown Lambertville City, this mixed-use property is situated on the corner of Union and Mt. Hope St, directly across from a park and steps from the Inn of the Hawk. The 8,844 square foot building features six separate rental units, offering strong income potential. The property includes five oversized 12-foot high overhead garage doors and approximately 13-foot ceiling heights. Each unit is separately metered for gas and electric. Current tenants include a fitness studio and a hair salon. The property has excellent walkability to Lambertville Station, shops, restaurants, and galleries. Overlooking the Delaware & Raritan Canal and walking path, the property is zoned R-2 with pre-existing non-conforming commercial use (formerly a restaurant). This offers a potential redevelopment opportunity for townhomes or condos, subject to buyer verification. On-street parking is available, along with a public lot across the street with approximately 18 spaces. This property presents a rare opportunity in a vibrant business district.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lambertville
    County
    Hunterdon
    State
    New Jersey
    Longitude
    -74.9439409
    Latitude
    40.3625299

    Nearby Similar for Sale

    • $999,999
      8,844 SF

      Lambertville Mixed-Use Investment Opportunity

      Versatile mixed-use property in downtown Lambertville with redevelopment potential.
      77 S UNION STREET, LAMBERTVILLE, NJ 08530
      View Details
    • $5,000

      Lambertville Event Space For Sale

      Special purpose/event space in Lambertville House boutique hotel.
      32 BRIDGE STREET, LAMBERTVILLE, NJ 08530
      View Details
    • $12,000

      Historic Bank Building in Lambertville

      Rare historic bank building with unique features in downtown Lambertville.
      31-37 BRIDGE ST, LAMBERTVILLE, NJ 08530
      View Details
    • $749,000

      Lambertville Restaurant Investment Opportunity

      Turnkey commercial property in Lambertville's vibrant commercial district.
      236 N Union St, LAMBERTVILLE, NJ 08530
      View Details
    • $875,000

      Lambertville Multi-Use Brick Building

      Versatile 19th-century building in Lambertville's Central Business District.
      67 Bridge St, Lambertville, NJ 08530-2115
      View Details
    • $1,500,000
      8,844 SF

      Lambertville Mixed-Use Investment Opportunity

      Mixed-use property in downtown Lambertville with redevelopment potential.
      77 S Union St, Lambertville City, NJ 08530
      View Details
    • $1,295,000
      6,000 SF

      27-Bed Licensed Care Facility

      Licensed residential care facility in Lambertville, NJ. Value-add opportunity.
      47 Lincoln Ave, LAMBERTVILLE, NJ 08530
      View Details
    • $850,000

      Historic Firehouse with Retail Space

      Converted firehouse featuring a custom home with retail/business space.
      12 N MAIN STREET, LAMBERTVILLE, NJ 08530
      View Details
    • $725,000

      Lambertville Three-Unit Investment Property

      Fully leased property in the heart of Lambertville.
      20 N Union St, LAMBERTVILLE, NJ 08530
      View Details
    • $2,100,000

      Historic Multifamily Property in Lambertville

      Fully leased, five-unit residential building in desirable Lambertville location.
      26 York St, LAMBERTVILLE, NJ 08530
      View Details
    • $1,400,000

      Lambertville Mixed-Use Investment Opportunity

      Four-unit mixed-use property in Lambertville's Central Business District.
      45 Bridge St, LAMBERTVILLE, NJ 08530
      View Details
    • $1,425,000
      7,200 SF

      Mixed-Use Corner Property For Sale

      7,200 sq ft mixed-use property with commercial and residential spaces.
      45 N Union St, LAMBERTVILLE, NJ 08530
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Prime mixed-use property in downtown Lambertville with strong income potential.
    Where is this mixed-use property located?
    The property is located at 77 S Union St Lambertville, NJ.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: Prime mixed‑use/investment property in the heart of downtown Lambertville.; Strong income potential from 6 separate rental units.; Pre‑existing non‑conforming commercial use with redevelopment potential (buyer to verify).
    (267) 980-8546
    We can help!
    Listing Contact
    Rocco D'Armiento
    Real Estate License ID: 560482
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    77 S Union St, Lambertville City, NJ 08530
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!