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Multi-Tenant Office Building
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204 N Union St, Lambertville, NJ 08530

Established office occupancy includes seven tenants and one available suite.

Property Size28,224 SF
Days on Market270

Property Features for 204 N Union St

General Information

Standard status Active
Size 28,224 SF
Property subtype OFFICE
Occupancy 85%

Building Details

Tenancy Multi
Listing Agency: Colliers | Woodbridge
Listed By: Jacklene Chesler · License #9587537
Source: Moodyscre
Added: Dec 4, 2025 Changed: Aug 29 Last Checked: Aug 30 at 8:10PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers | Woodbridge

Investment Insights

Based on property information with market context.

This 28,224-square-foot office building is occupied by seven tenants, with 85% of the property leased and one suite currently vacant. The existing commercial component provides a multi-suite configuration for continued office use.

A zoning variance has been secured that would permit development of a 40-unit apartment building on the lot, subject to applicable approvals and requirements. The property is located in Lambertville, with nearby New Hope, Pennsylvania, both identified in the source information as destinations for tourism, shopping, and cultural arts. Lambertville is approximately 30 miles from Philadelphia and 55 miles from New York City.

Key Highlights

  • 28,224‑square‑foot office building
  • 85% leased to seven tenants
  • One vacant suite

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Plumbing Service Computer & Electronic Repair Storage Facility Daycare Center (Bike/Boat/Book/etc) Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

85%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

568
Businesses Nearby

Demographics for 08530, NJ

7,832
Population
3,816
Households
2.1
Avg Household Size
49
Median Age
58%
College-Educated
93%
High-School Grad
27.1 sq mi
ZIP Area
289
Density / Sq Mi
$121,667
Median Household Income
$76,835
Median Earnings
$1,641
Median Rent
$554,000
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Established office occupancy includes seven tenants and one available suite.
Where is this office building located?
The property is located at 204 N Union St Lambertville, NJ.
What are key features of this property?
This property features: 28,224‑square‑foot office building; 85% leased to seven tenants; One vacant suite
(973) 610-1875 Call to check price and availability
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