Property summary
The property is a six-unit multi-use building located at a main entrance to New Hope, Pennsylvania, near the bridge connection from Lambertville, New Jersey. It was renovated on a full-scale basis around 2006 and contains two street-level retail spaces and four apartments. The commercial component had prior approvals for an expansion of approximately 750 square feet of the main-level retail area. The property sits on a 0.15-acre lot and has approximately 4,727 square feet of living area. An adjacent fenced open space with a sculpture is owned by the Delaware River Joint Toll Bridge Commission and provides a buffer relative to public access, supporting river-view privacy for the apartments. The building is positioned across from Starbucks and Dunkin’ Donuts, and it operates in a setting with substantial foot and vehicle activity consistent with a busy entry corridor.
Property profile
VerifiedCap rate & NOI
Current use
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Apartment Building
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(Bike/Boat/Book/etc) Store
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Home Decor Store Department Store
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Marketing & Advertising IT Consulting Firm
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Kennel & Boarding Facility
Location
Value estimations
Owner & transaction history
Zoning & alternative use
rticle V Zoning District Regulations § 275-27 R1 Low-Density Residential District. § 275-28 R2 Rural Residential District. § 275-29 RB Borough Residential District. § 275-30 RC Multifamily Residential District. § 275-31…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
CC · New Hope, PArticle V Zoning District Regulations § 275-27 R1 Low-Density Residential District. § 275-28 R2 Rural Residential District. § 275-29 RB Borough Residential District. § 275-30 RC Multifamily Residential District. § 275-31…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
rticle V Zoning District Regulations § 275-27 R1 Low-Density Residential District. § 275-28 R2 Rural Residential District. § 275-29 RB Borough Residential District. § 275-30 RC Multifamily Residential District. § 275-31…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CC in New Hope, PA.
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