tomo logo

$304,000

Beds
2
Baths
1.0
sq ft
960

201 Hancock St, Lambertville, NJ 08530

201 Hancock St

LAMBERTVILLE, NJ 08530

  • 13 days on market
This 2-bedroom ranch is a fantastic opportunity for those looking to bring fresh ideas and transform a home with great bones. Nestled on a quiet dead-end street, it offers close proximity to the Delaware River, the PA border, and downtown Lambertville. Situated on over half an acre, the property includes a 2-car carport and an enclosed sun porch in need of repair. Inside, the home features a living room and dining area with sliders leading to the sunporch, an open kitchen with a convenient laundry closet, and two bedrooms along with a full bathroom. A smaller bonus room down the hall would make a great office, playroom, or walk-in closet. The basement provides additional storage space. This home needs significant repairs but with vision and effort, it can truly shine. Located in the South Hunterdon Regional School District, this is a great opportunity to create something special. Schedule a showing today! Home being sold in the “as-is” condition, any inspections are at the expense of the buyer. Subject to bank approval.

Details

Property type

Single Family Residence

Est. home value

$300,183

Lot size

0.58 acres

Price per sq ft

$317

Year built

1995

Annual property taxes

$5,739

HOA

No

Price History

02/18/2025
Bright

Bright #NJHT2003578

Listed
$304,000
+3.05%
04/08/2024
BrightMLS

BrightMLS #NJHT2002250

Removed
$295,000
12/18/2023
BrightMLS

BrightMLS #NJHT2002250

Pending
$295,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

SOUTH HUNTERDON REGIONAL

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$264,603
Asking price
$304,000
Closing costs (~8% of asking)
-$24,320
Est. remaining loan balance
-$15,077
Cash to seller
$264,603

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

First Town Mtg Corp

Loan start date

June 1996

Original loan amount

$133,000

Est. remaining balance

$15,077

Interest rate

8.24%

Loan type

Not Provided, 30 year

Seller

Rich Roy Jr and Margaretta Roy

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/04/2025 at 12:10 AM

Listing updated: 02/18/2025 at 10:24 AM

Listed by: Cindy Lapp, Real of Pennsylvania Phone #: (855) 450-0442

MLS: Bright #NJHT2003578

Bright logo

Recently listed in LAMBERTVILLE

$699,000|3 bd|2.5 ba|Townhouse
$949,000|3 bd|1.5 ba|House
$875,000|3 bd|2.5 ba|Townhouse
$304,000|2 bd|1.0 ba|House
$714,500|4 bd|3.0 ba|House
$659,900|3 bd|1.5 ba|Townhouse
$699,000|4 bd|2.5 ba|House