Cost of Living in Lambertville
Lambertville's cost of living pairs genuinely above-national home values with a real, disclosed positive: a property-tax rate that runs lower than the surrounding county's average.
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Learn moreHome values run genuinely above the national median
Zillow's typical home value for Lambertville is $496,846 (up 17.0% year-over-year); Redfin's median sale price was $727,125 as of April 2026 (up approximately 46.9%) -- both figures point to a real, substantial cost above the national median, with the spread reflecting differing methodology and Lambertville's small sales count.
A genuinely favorable property-tax rate
Lambertville's effective property tax rate (1.902%) runs genuinely lower than Hunterdon County's own broader average (approximately 2.18%) and only modestly above New Jersey's nation-leading statewide average -- producing an estimated $9,354 median annual tax bill.
A strong local economy supports the cost picture
Lambertville's median household income ($102,000-$105,000+) alongside a low 6.8% poverty rate and a 2.7% unemployment rate (well below the roughly 4.7% national figure) point to real, substantial local economic stability.
New Jersey's uniform sales tax applies statewide
New Jersey's simple, uniform 6.625% sales tax applies in Lambertville with no local add-on -- see new-jersey.js.
Key takeaways
- Home values run genuinely above the national median ($496,846-$727,125 depending on source).
- Lambertville's 1.902% effective property tax rate is genuinely lower than the county average.
- A 2.7% unemployment rate and 6.8% poverty rate point to real local economic stability.
- New Jersey's uniform 6.625% sales tax applies with no Lambertville-specific local add-on.
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