53-55 Coryell St,
Lambertville City NJ

6 beds | 4 baths | 0.07 Acres | MLS/ID#: 3465940


An exceptional investment property is available in the heart of historic Lambertville, a charming town nestled alongside the Delaware River where it sits directly across the bridge from New Hope, Pennsylvania. This circa 1900 Victorian is a multi-family dwelling comprised of four separate rental apartments with two units on each level; the first floor offers two one-bedroom layouts and the second floor has a one bedroom and a two bedroom apartment. A solid rental history of approximately $50,000 per year makes this a rare opportunity in one of the state’s most captivating settings. 

The welcoming front porch entrance leads to the two first level units, each with a living room, kitchen, bedroom, full bath and extra room for a home office or storage. Upstairs, there is a one bedroom and a two bedroom apartment, each with a kitchen, living room and full bath. One unit has a covered porch overlooking the fenced in backyard.

A washer and dryer for tenants’ use is located on the first floor, and street parking is available by permit. Well-equipped, neutrally decorated and nicely updated, monthly rental rates currently range from $1,040 for the one bedroom apartments to $1,290 for the two bedroom style.  The apartments have natural gas heat, public water and public sewer. Located on a quiet side street, there are lively annual events, shops, restaurants, boutiques and art galleries just blocks away, while the Delaware River is a short three blocks from this multi-family home. 

Named the most picturesque small town in New Jersey by USA Today and one of America’s 15 prettiest towns by Forbes magazine, Lambertville offers eclectic Zagat-rated restaurants, a thriving arts and antique community, one-of-a-kind specialty shops and award-winning hotels and Bed and Breakfasts. Often called “the antiques capital of the east,” many out-of-town interior designers come to find treasures at Lambertville’s 20-plus antique galleries and 15 art galleries. The town prides itself on its natural beauty and small-town friendliness. Its well-maintained historic homes and protected open spaces combine with parks and river views to provide active recreational opportunities for all, greatly contributing to the high quality of life enjoyed by nearly 4,000 residents. Known for its close proximity to New Hope as well as Routes 202, 31 and Interstate 95, Lambertville is a commuter-friendly locale in a delightful Hunterdon County setting.

Bedrooms 6
Full Bathrooms 4
Property Type Multi-Family
Year Built 1888
Acreage 0.07
Taxes $11,279 (2017)


Number of Rooms 16
Basement Yes
Basement Desc. Unfinished
Community Living No
  • Carpeting
  • Fire Extinguisher
  • Blinds
  • CO Detector
  • Smoke Detector
  • Vinyl-Linoleum Floors


  • 1 Unit
  • Radiators - Steam
  • Baseboard - Electric

Fuel type

  • Gas-Natural


  • Window A/C(s)


  • Public Water


  • Public Sewer


  • Cable TV Available
  • Open Porch(es)
  • Privacy Fence


  • On-Street Parking


  • Asphalt Shingle


  • Level Lot

Listing Agent

Photo of Mary Licata




Properties sold nearby

*Information provided by GSMLS is deemed reliable but not complete. May not include all transactions

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