136 ROCKTOWN-LAMB Road Lambertville, NJ 08530
MULTI_FAMILY - Modern, Colonial - LAMBERTVILLE, NJ
Property Features for 136 ROCKTOWN-LAMB Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 10
- Parking features
- Garage - Attached, Driveway
- Standard status
- Active
- Size
- 5,246 SF
- Lot size
- 9.50 Acres
Taxes and HOA fees
- Tax Annual Amount
- 20926
Utilities
- Heating system
- Hot Water(Heating), Baseboard
- Cooling system
- Central Air
Building Details
- Year built
- 1986
- Number of units
- 3
- Building materials
- Frame
- Architectural style
- Colonial, Modern
Listing agent Kevin Weingarten (267) 347-3300
Listing office RE/MAX Centre Realtors 2701 York Road, Jamison, NJ (215) 343-8200
Listing date Jul 11, 2026
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
A separate detached guest/tenant house provides additional income and flexibility. The second floor is currently rented month-to-month (one bedroom, one bath with washer/dryer). The first floor is currently used for storage and includes two bedrooms and one full bath. This duplex-style configuration can be used as a guest/in-law arrangement or continued as separate rental space.
The property is described as turn-key, with prior septic and well inspections already completed, and it participates in the Stewardship Forest Program with favorable farmland assessment for reduced property taxes. The setting is noted as being just minutes from Lambertville and New Hope.
Key Highlights
- 9.5‑acre farmstead with modern main home (built 1986) plus a separate detached guest/tenant house for additional flexibility
- Stewardship Forest Program participation and favorable farmland assessment may reduce property taxes; prior septic and well inspections already completed
- Gourmet kitchen features a 6‑burner Viking range, large center island, breakfast bar, and built‑in beverage refrigerator
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $134.1k | $25.56 |
| − Vacancy | −$8.7k | −$1.65 |
| EGI | $125.4k | $23.91 |
| − OpEx | −$37.6k | −$7.17 |
| NOI | $87.8k | $16.74 |
