47 Lincoln Ave, LAMBERTVILLE, NJ

About 47 Lincoln Ave

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: 6,030 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)
License: Residential Health Care Facility (RHCF)

Additional Upside Opportunity:
An adjacent property (under common ownership) is licensed for an additional 5 beds (Licensed Class-C boarding home) 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

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