Financial
Distress signals
Property profile

236 N Union St Lambertville, NJ 08530

FOR SALE
Other commercial real estate
Property ID
US59-1647352
1,122 SF 0.06 ac lot Built 1953
Last sale May 2023 · $460,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 236 N Union Street, Lambertville, is a commercial building located in the Lambertville Commercial District, on an approximately 0.06-acre lot and zoned C-3. It includes handicap-accessible ramps and an ADA-compliant bathroom. The interior commercial space is configured with an open layout featuring abundant natural light, vaulted ceilings, and skylights. A kitchen connects directly to a back patio area and includes a walk-in refrigerator; it also provides access via Bilco doors

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$12k
Tax billed · 2022
Assessed value · 2023$550k
Assessed land$362k
Assessed improvement$188k
Effective rate2.23%

Value estimate

· Sep 2026
$415k
$374k – $457k
AI approach$425k
NOI build-up
Gross scheduled income$24k
Vacancy & credit loss−$1k
Operating expenses−$6k
NOI · 2.25% cap applied$17k

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$188/SF
ZIP average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$117 – $280
Qualifying comparables15

Cap rate analysis

How does the asset earn?
2.25%
$17k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
COM
JurisdictionHUNTERDON

Location intelligence

Which uses thrive at this corner?
Best fit: Plumbing Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Plumbing Service9.3
Computer & Electronic Repair9.0
Storage Facility9.0

Location

236 N Union St Lambertville, NJ 08530
County assessor Recorded deeds · 3 transfers 15 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
19 Un, Lambertville, NJ 08530-2108 $779,600 Nov 2024 930 SF
18 Church, Lambertville, NJ 08530-2128 $529,000 Jun 2024 1,428 SF
5 Un, Lambertville, NJ 08530-2108 $905,000 Apr 2024 1,840 SF
20 Main, Lambertville, NJ 08530-1868 $213,000 Jan 2024 1,820 SF
37 Un, Lambertville, NJ 08530-2108 $699,000 Sep 2022 1,674 SF
52 Un, Lambertville, NJ 08530-1702 $690,000 Aug 2022 1,780 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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