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    199 S Main St Lambertville, NJ 08530
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    Property profile & analytics

    199 S Main St Lambertville, NJ 08530


    • Industrial properties
    • 14,331 SF
    • 3.88 lot acres
    Prestigious Lambertville Office Space For Lease
    $2,225,000
    36,000 SF

    Prestigious Lambertville Office Space

    Award-winning office park along the Delaware Canal.

    199 S Main St, Lambertville, NJ 8530
    View Listing
    Property ID
    US59-1482697
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 199 S Main St

    Construction
    BRICK
    Lot size
    3.88 lot acres
    Property size
    14,331 SF
    Zone code
    HC
    Property type
    Industrial properties
    APN
    17 01055-0000-00001
    APU
    1701055000000001

    Description

    RiverWalk Office Park, located at 199 S Main St, Lambertville, NJ 08530, offers exceptional office space in a prime location along the Delaware Canal and Route 29. This award-winning, meticulously landscaped property boasts architecturally appealing brick exteriors and creatively designed contemporary interiors. The single, two-story building comprises 18,000 square feet of Class C office space, built in 2006. The property features a total of six suites, with a minimum divisible space of 2,200 square feet and a maximum contiguous space of 6,000 square feet. Currently, multiple tenancies are available. Ample parking is provided with 72 spaces. The property is zoned C3 and is ideal for businesses seeking a prestigious and convenient location. The building's history as a restored paper mill adds unique character to this modern office setting. This well-maintained property offers a blend of historic charm and contemporary functionality, making it an attractive option for a variety of businesses, including traditional, medical, and creative office uses.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,680,000
      6.5%
      $2,475,000
      7%
      $2,300,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,974,000
      Market price range: $589k - $1.97M
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $1,335,000
      Current use
      OFFICE BUILDING
      $2,740,000
      Change: +105% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $1,805,000
      Change: +35% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,715,000
      Change: +28% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Lambertville
    County
    Hunterdon
    State
    New Jersey
    Longitude
    -74.9432
    Latitude
    40.3601
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $53,204
    $512,800
    $1,813,400
    $2,326,200
    -
    $512,800
    $1,813,400
    $2,326,200
    View Listing
    More about this property
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