47 LINCOLN AVE, Lambertville, NJ 08530
47 LINCOLN AVE, Lambertville, NJ 08530
47 LINCOLN AVE, Lambertville, NJ 08530
47 LINCOLN AVE, Lambertville, NJ 08530
47 LINCOLN AVE, Lambertville, NJ 08530
47 LINCOLN AVE, Lambertville, NJ 08530
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$ 1,295,000
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0.85 Acres Lot


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$ 1,295,000
Est. payment | /mo
Save

0.85 Acres Lot

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Lot Size 0.848 Acres

MLS Listing ID NJHT2004824

Financing Cash,Conventional,Negotiable

Subdivision Cottage Hill

Short Sale No

Originating MLS BRIGHT

Property Description

27-Bed Licensed Residential Care Facility | Multi-Building Campus | Value-Add Opportunity | Lambertville, NJ
Rare opportunity to acquire a state-licensed 27-bed Residential Health Care / Boarding Home facility in the highly desirable Lambertville, located in Hunterdon County, one of New Jersey's most supply-constrained and high-demand submarkets.

Little Haven Boarding Home & Residential Health Care Facility is a multi-building campus consisting of:
Main Building: 23 licensed beds
Detached Cottage: 4 licensed beds (currently under renovation following prior fire damage)
The property is situated on an approximately 1-acre lot in the sought-after Cottage Hill neighborhood, within walking distance to downtown Lambertville restaurants, retail, and services.

Property Overview
Total Licensed Capacity: 27 beds (23 main + 4 cottage)
Main Building: Approx 6,000 SF
11 bedrooms
5.5 bathrooms
Detached Cottage:
4 bedrooms
1 bathroom
Lot Size: 1 acre
Parking: 6 on-site spaces
Configuration: Multi-structure campus layout (rare for this asset class)

Additional Upside Opportunity
An adjacent property (under common ownership) is licensed for an additional 5 beds and may be made available separately or as part of a larger assemblage. Not included in the current offering.

All facilities are licensed and regulated by the New Jersey Department of Community Affairs (DCA) and are in good standing with current inspections.

Investment Highlights
- Licensed 27-bed facility
- Value-add opportunity through renovation, lease-up, and operational optimization
- Cottage rebuild creates immediate upside upon completion
- Multi-building campus supports scalable operations and program separation
- Walkable, high-demand location near downtown Lambertville
- High barriers to entry for new licensed facilities in New Jersey
- Strong regional demand for residential care, behavioral health, and supportive housing
- Potential eligibility for state and local grant programs (buyer to verify)
- Multiple financing options and grants may be available to qualified buyers, including U.S. SBA-backed lending and select NJEDA programs that may support both acquisition and value-add improvements. (Buyer to independently verify all program eligibility and requirements.)

Ideal For:
Residential healthcare / boarding home operators
Behavioral health or supportive housing providers
Senior housing (independent or assisted living models – subject to approvals)
Recovery / sober living operators (buyer responsible for use compliance)
Nonprofit housing organizations
Investors seeking to lease to experienced operators

Location

State NJ

County Hunterdon

Area Lambertville City (21017)

Zoning R-1

Interior

Hot Water Natural Gas

Heating Radiator

Cooling Central A/C, Window Unit(s)

Flooring Wood, Tile/Brick

Heat Source Natural Gas

1-purchase type For Sale

Exterior

Garage Spaces 6

Utilities Available Cable TV

Waterfront N

Water Access N

Roof Type Slate,Metal

Accessibility None

Road Frontage Boro/Township

Parking Type Driveway, On Street

Total Parking Spaces 6

Building

Lot Description Corner, Front Yard, Landscaping, Rear Yard, SideYard(s)

New Construction N

Foundation Stone

Lot Dimensions 168.00 x 220.00

Sewer Public Sewer

Water Well

Schools

Elementary Schools Lambertville

Middle Schools South Hunterdon Regional M.S.

High Schools South Hunterdon Regional H.S.

School District South Hunterdon Regional

Others

Tax Amount $17,565

Tax Year 2025

Tax ID 17-01064-00001

Ownership Fee Simple

Security Features Fire Detection System,Carbon Monoxide Detector(s),Smoke Detector,Sprinkler System - Indoor

Acceptable Financing Cash, Conventional, Negotiable

Special Sale Standard

Bright MLS (BMLS)
Listed by Mia Chen • Keller Williams Cornerstone Realty

Nearby Locations

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