Lambertville, NJ—08530
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lambertville, NJ
As of Oct '25, the median home price in Lambertville, NJ is $628,000, with a year-over-year change of -1.8%. This indicates that home prices in Lambertville, NJ are decreasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $628,000 | -1.8% |
| Single Family | $627,000 | -2.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $494,000 | -1.2% |
3 Bed | $639,000 | 0.0% |
4 Bed | $844,000 | 1.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lambertville, NJ
As of July '25, Rentcast reports the average rent in Lambertville, NJ is $2,690, with a year-over-year rent change of -3.6%. Per bedroom, the median rent as of July '25 in Lambertville, NJ is 1-bedrooms: $2,260, 2-bedrooms: $2,500, 3-bedrooms: $3,280, 4-bedrooms: $4,020. The most common rental property sizes in Lambertville, NJ are 1-bedroom and 2-bedroom, accounting for 39.3% and 22.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,480 | $2,690 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,200 | $2,260 |
| 2 Bed Rent | $2,300 | $2,500 |
| 3 Bed Rent | $2,800 | $3,280 |
| 4 Bed Rent | $2,850 | $4,020 |
% of Rental Stock
Property Listings — Lambertville, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Lambertville, NJ is 72. This is a decrease of -14.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $715,000 | -2.0% |
Listing Count | 51 | 0.0% |
| Listings as % of Homes | 1.0% | 0.0% |
Days on Market | 72 | -14.0% |
Demographics — Lambertville, NJ
As of the latest ACS Survey released in 2023, Lambertville, NJ has a population of 8,150, which has increased by 9.2% over the past 5 years. Lambertville, NJ is a less popular place for families, as children make up 14.1% of the population. The area has a highly educated workforce, with 58.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,150 | 9.2% |
% Under 18 | 14.1% | 6.0% |
% Seniors | 22.2% | 10.4% |
% WFH | 21.8% | 103.7% |
% w/ College Degree | 58.0% | 24.7% |
As of the latest ACS Survey released in 2023, Lambertville, NJ is a predominantly white area, with 82.9% of the population identifying as white. The white population has shrunk by 4.5% in the last 5 years. The second most common race or ethnicity in Lambertville, NJ is hispanic, making up 8.3% of the population. Foreign-born residents account for 9.9% of the population in Lambertville, NJ, and this percentage has increased by 47.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 82.9% | -4.5% |
% Black | 5.5% | -5.2% |
% Hispanic | 8.3% | 93.0% |
% Asian | 1.4% | -36.4% |
% Foreign Born | 9.9% | 47.8% |
Mortgage and Risk — Lambertville, NJ
According to HUD data as of 2023, there were 130 mortgage originations in Lambertville, NJ, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Lambertville, NJ. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 130 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 1.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Lambertville, NJ
As of 2024, the percent of homes in Lambertville, NJ under the Section 8 program is 14.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Lambertville, NJ, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 101 |
Total Units Section 8 | 97 |
% Rentals under Section 8 | 14.3% |
% Occupied Section 8 | 86.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$530 | $2,200 | $1,670 |
| 2 Bedroom | -$200 | $2,300 | $2,100 |
| 3 Bedroom | -$260 | $2,800 | $2,540 |
| 4 Bedroom | -$50 | $2,850 | $2,800 |
Affordability — Lambertville, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $628,000 |
| Median Household Income | $122,000 |