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$429,000

Beds
2
Baths
1.0
sq ft
984

62 N Franklin St, Lambertville, NJ 08530

62 N Franklin St

LAMBERTVILLE, NJ 08530

  • 14 days on market
Welcome to 62 North Franklin Street, a beautifully renovated historic gem in the heart of Lambertville, NJ. Constructed in 1843, this property is believed to be one of the original public-school houses in the area, offering a unique blend of historical charm and modern amenities. This home features two spacious bedrooms and one well-appointed bathroom. The front bedroom is bathed in natural light year-round, creating a bright and inviting atmosphere. Downstairs, large windows provide stunning views of the surrounding neighborhood, showcasing the vibrant colors of blooming trees in the spring, including two pink cherry trees, and the warm hues of fall foliage as the sun sets behind the house. The newly revamped backyard is a serene oasis, blooming with trees, hydrangea bushes, and hostas during the spring and summer months. The expansive yard includes a raised herb garden and a patio running the length of the backyard, constructed from bluestone and installed in 2021. This inviting outdoor space expands the livable space of the home, offering both prime entertaining space and a quiet retreat in the heart of town. The gourmet kitchen is equipped with a reverse osmosis filtration system, ensuring clean and pure water for all your culinary needs. Recent upgrades include a new hot water heater and a new gas furnace, providing modern comfort and efficiency. The rocking chair front porch adds to the home's charm, offering a perfect spot to relax and enjoy the neighborhood. 62 North Franklin Street is not just a house; it's a piece of Lambertville's history, thoughtfully updated to meet contemporary living standards. This property offers a rare opportunity to own a home that combines historical significance with modern convenience in a highly desirable location. Don't miss the chance to make this exceptional property your own. Contact us today to schedule a viewing and experience the unique charm and beauty of 62 North Franklin Street.

Details

Property type

Duplex

Est. home value

$425,463

Lot size

1,873 sq ft

Price per sq ft

$436

Year built

1843

Annual property taxes

$8,083

HOA

No

Price History

01/22/2025
Bright

Bright #NJHT2003534

Listed
$429,000
+28.83%
03/07/2021
Bright

Bright #NJHT106922

Sold
$333,000
+139.57%
03/10/2014
Bright

Bright #1003325286

Sold
$139,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

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

$100,168
Asking price
$429,000
Closing costs (~8% of asking)
-$34,320
Est. remaining loan balance
-$294,512
Cash to seller
$100,168

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

Seller’s Loan History

Lender

Home Point Financial Corporation

Loan start date

March 2021

Original loan amount

$323,010

Est. remaining balance

$294,512

Interest rate

2.79%

Loan type

New Conventional, 30 year

Seller

Jane P Rosenblatt

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: 02/05/2025 at 9:50 AM

Listing updated: 01/23/2025 at 12:29 PM

Listed by: Erin Beth McManus-Keyes, Corcoran Sawyer Smith Phone #: (609) 397-7900

MLS: Bright #NJHT2003534

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