1422 Rte 179, Lambertville, NJ 08530-3414
- Commercial real estate
- 4,200 SF
- 4.19 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1422 Rte 179
- Lot size
- 4.19 lot acres
- Zone code
- HC
- Property type
- Commercial real estate
- APN
- 26 00008-0000-00023- 02
- APU
- 260000800000002302
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 8, 2022 | $7,800,000 | 1422 Route 79 LLC | 1422 Route 179 Florida Realty LLC | Deed | $4.5M · Magyar Bank |
| Jun 8, 2022 | — | 1422 Route 179 Florida Realty LLC | West Amwell Laza INC | Intrafamily Transfer · related | $2.8M · Goldsmith Investment Group LLC |
| Jul 30, 2018 | $849,500 | West Amwell Plaza INC | Hynterdon Cnty Educational Svc | Grant Deed | $600k · Mq Holdings LLC |
Description
This exceptional commercial property, situated on 14.98 acres in Lambertville, NJ, at 1422 Route 179, presents a unique opportunity. The property comprises a 30,000 square foot divisible flex space within the extensively renovated historic former West Amwell School Building. Offering spaces ranging from 1,500 to 30,000 square feet, this versatile location is ideal for a variety of businesses. Many units boast 24-foot high ceilings and private bathrooms. The landlord is committed to customization, offering retrofitting options within reason, including the potential addition of loading docks or drive-in doors at their expense. The all-inclusive lease rate of $15 per square foot covers heat, air conditioning, restrooms, exterior and common area maintenance, water, gas hot water, pest control, snow removal, sewer, parking, exterior security, trash removal, and electricity. The property also features robust 1600-amp 120/208V 3-phase heavy power. Seven tenants are already in place, highlighting the property's desirability. For a limited time, new tenants receive one month of free rent for each year of their lease term. Furthermore, a complimentary fit-out allowance is available for certain alterations, such as wall removal or dock additions. Ample parking is available on the expansive grounds. Floor plans detailing available spaces are available upon request. Note that the lease does not include personal security systems, internet, or unit cleaning. Artistic renderings depict proposed exterior renovations and future development plans.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Lambertville
- County
- Hunterdon
- State
- New Jersey
- Longitude
- -74.9178
- Latitude
- 40.3852
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
