Historic Bank Building with
33-37 BRIDGE STREET, Lambertville, NJ 08530
For Sale
$1,600,000
A private parking lot and drive-through window complement the building’s preserved architectural details.
Property Size3,250 SF
Price / SF$492.31
Days on Market11
Property Features for 33-37 BRIDGE STREET
General Information
Standard status
Size
Property subtype
Site & Location
Corner Location
Drive-Thru
Additional Details
Property Use
Amenities
drive through window
period architectural features
vault
kitchenette/break room
Building Details
Year Built
Buildings
Listing Agency:
BHHS Fox & Roach - Princeton
Listed By:
Stephen Darlington · License #AB047707L
(609) 924-1600
Source:
Cummingsrealtors
Added: Oct 29
Changed: Nov 8
Last Checked: Nov 8 at 6:02AM
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 BHHS Fox & Roach - Princeton
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1890, this two-story bank property combines customer-facing space with offices and secure storage. The main-level service area measures 40 x 40 and has ceilings over 12 feet high, a granite service counter, two semi-private offices, and a vault containing 650+ safe deposit box slots. Additional first-floor space includes two workstation areas, two glass-fronted offices, secure storage, and an IT/network room. The upper floor has two executive offices, employee restrooms, and a kitchenette and break area. A basement provides further secured storage. The property also includes a drive-through window and private parking lot.
The building occupies the southwest corner of Bridge and Union streets in downtown Lambertville, beside hotels, restaurants, banquet facilities, and shops. A deed restriction prohibits use as another bank.
The building occupies the southwest corner of Bridge and Union streets in downtown Lambertville, beside hotels, restaurants, banquet facilities, and shops. A deed restriction prohibits use as another bank.
Key Highlights
- 1890 bank building with period architectural details
- Main customer area measures 40 x 40, with ceilings over 12 feet high
- Vault includes 650+ safe deposit box slots
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,702
Cap Rate
3.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$994,040
$994.0K
Cap Rate 7%
$710,029
$710.0K
Cap Rate 9%
$552,244
$552.2K
Market Conditions
NOI Build-Up for 3,250 SF
Gross rent
$70.2K $21.60/SF
− Vacancy
−$3.9K −$1.21/SF
EGI
$66.3K $20.39/SF
− OpEx
−$16.6K −$5.10/SF
NOI
$49.7K $15.29/SF
Area
Hunterdon County, NJ
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$994,040
Cap Rate 7%
$710,029
Cap Rate 9%
$552,244
Alternative Uses
Best Use
Office B
$710.4K
$621.6K – $828.8K
NOI $49,725 @ 7.0% cap · market cap 3.11%
Second Best
Specialty Retail
$710.0K
$621.3K – $828.4K
NOI $49,702 @ 7.0% cap · market cap 3.11%
Theoretical Best
Office A
$848.6K
$742.6K – $990.1K
NOI $59,405 @ 7.0% cap · market cap 3.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,274
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Bank - A private parking lot and drive-through window complement the building’s preserved architectural details.
Where is this bank located?
The property is located at 33-37 BRIDGE STREET Lambertville, NJ.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 1890 bank building with period architectural details; Main customer area measures 40 x 40, with ceilings over 12 feet high; Vault includes 650+ safe deposit box slots
