Discover a hidden gem with incredible investment potential! This charming ranch-style home, built in 1960, sits on a generous 0.81-acre lot, offering ample space for expansion or development. The home features 2 bedrooms, 2 bathrooms and an unfinished basement, providing a blank canvas for your creative vision-transform it into a cozy retreat or a lucrative rental space. With no association fees and a prime location, this property is perfect for investors seeking to capitalize on the growing demand for residential rentals, to fully renovate as the property sits or to envision adding an additional level or building out. The driveway offers convenient parking, while the serene surroundings create a warm and inviting atmosphere. This property is not just a house; it's an opportunity to develop the property or build equity to generate income. Don't miss your chance to invest in a property with endless possibilities!
Pending
$249,999
16 New Rd, Lambertville, NJ 08530
2beds
1,222sqft
Est.:
Single Family Residence
Built in 1960
0.81 Acres Lot
$-- Zestimate®
$205/sqft
$-- HOA
What's special
Unfinished basementConvenient parkingSerene surroundings
- 120 days |
- 54 |
- 0 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: November 18, 2025 at 03:50am
Listed by:
Katie Fedak 732-318-9393,
EXP Realty, LLC
Source: Bright MLS,MLS#: NJME2065650
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Rooms
- Room types: Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Bathroom 1
- Level: Main
Bathroom 2
- Level: Main
Heating
- Other
Cooling
- Other
Appliances
- Included: Water Heater
Features
- Other
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,222
- Total interior livable area: 1,222 sqft
- Finished area above ground: 1,222
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Other
Features
- Levels: One
- Stories: 1
- Exterior features: Other
- Pool features: None
Lot
- Size: 0.81 Acres
Details
- Additional structures: Above Grade
- Parcel number: 060003000035
- Zoning: MRC
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch/Rambler
- Property subtype: Single Family Residence
Materials
- Other
- Foundation: Other
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: On Site Septic
- Water: Well
Community & HOA
Community
- Subdivision: Hopewell Woods
HOA
- Has HOA: No
Location
- Region: Lambertville
- Municipality: HOPEWELL TWP
Financial & listing details
- Price per square foot: $205/sqft
- Tax assessed value: $274,700
- Annual tax amount: $8,672
- Date on market: 9/18/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$2,984/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/24/2025 | Pending sale | $249,999$205/sqft |
Source: | ||
| 9/18/2025 | Listed for sale | $249,999-9.1%$205/sqft |
Source: | ||
| 4/20/2005 | Sold | $275,000$225/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,354 | $274,700 |
| 2024 | $8,354 -0.6% | $274,700 |
| 2023 | $8,403 | $274,700 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,481/mo
Principal & interest
$969
Property taxes
$425
Home insurance
$87
Climate risks
Neighborhood: 08530
Nearby schools
GreatSchools rating
- 8/10Bear Tavern Elementary SchoolGrades: PK-5Distance: 5 mi
- 6/10Timberlane Middle SchoolGrades: 6-8Distance: 3.5 mi
- 6/10Central High SchoolGrades: 9-12Distance: 3.6 mi
Schools provided by the listing agent
- Elementary: Bear Tavern
- Middle: Timberlane M.s.
- High: Central H.s.
- District: Hopewell Valley Regional Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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