Downtown Office
77 S UNION STREET #12, Lambertville, NJ 08530
For Sale
Contact for pricing
Efficient suite layout includes private offices, collaborative workspace, kitchenette, restroom, and storage.
Property Size879 SF
Price / SF$1.99
Days on Market103
Property Features for 77 S UNION STREET #12
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Listing Agency:
Compass Pennsylvania, LLC
(215) 449-0123
Listed By:
Megan B Waits · License NJ #1753442
(215) 264-9144
Source:
Cummingsrealtors
Added: Aug 3
Changed: Nov 12
Last Checked: Nov 12 at 8:32AM
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 Compass Pennsylvania, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Office Unit #12 at 77 S Union Street provides 879 square feet within a building constructed in 1980. The suite includes three private offices, a reception area, conference and open workspace, a kitchenette, private restroom, and dedicated storage.
The property is in downtown Lambertville, with walkable access to restaurants, cafés, galleries, and the Delaware River. Route 202 provides access toward New Hope and the broader Bucks and Hunterdon County markets. The combination of enclosed offices and shared work areas supports a range of professional and creative office configurations.
The property is in downtown Lambertville, with walkable access to restaurants, cafés, galleries, and the Delaware River. Route 202 provides access toward New Hope and the broader Bucks and Hunterdon County markets. The combination of enclosed offices and shared work areas supports a range of professional and creative office configurations.
Key Highlights
- 879 SF office suite at 77 S Union Street #12
- Three private offices plus reception area
- Conference and open workspace configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,449
Suggested Prices Based on Cap Rates
Cap Rate 5%
$268,980
$269.0K
Cap Rate 7%
$192,129
$192.1K
Cap Rate 9%
$149,433
$149.4K
Market Conditions
NOI Build-Up for 879 SF
Gross rent
$26.4K $30.00/SF
− Vacancy
−$8.4K −$9.60/SF
EGI
$17.9K $20.40/SF
− OpEx
−$4.5K −$5.10/SF
NOI
$13.4K $15.30/SF
Area
Hunterdon County, NJ
Vacancy
32.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$268,980
Cap Rate 7%
$192,129
Cap Rate 9%
$149,433
Alternative Uses
Best Use
Office B
$192.1K
$168.1K – $224.2K
NOI $13,449 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$229.5K
$200.8K – $267.8K
NOI $16,067 @ 7.0% cap
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
1,249
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
$554,000
Median Home Value
Market
Average Price Trend$/SF for Office Units in Hunterdon County, NJ
Properties on Market for Office Units in Hunterdon County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Efficient suite layout includes private offices, collaborative workspace, kitchenette, restroom, and storage.
Where is this office unit located?
The property is located at 77 S UNION STREET #12 Lambertville, NJ.
What are key features of this property?
This property features: 879 SF office suite at 77 S Union Street #12; Three private offices plus reception area; Conference and open workspace configuration
