Lambertville, New Jersey

Population

Growing. Up 1.7% since 2020.

4,198

people, the 215th-largest of New Jersey's cities and towns.

Census Population Estimates, 2025. Rank among New Jersey's cities and towns computed by the Almanac. Sources: Census Population Estimates

The workday

9 in 10 jobs here go to people who live somewhere else.

85.5%

of 1,189 jobs located in Lambertville are filled by in-commuters.

Census LEHD LODES, 2023. Sources: Census LEHD LODES

Rent

Median rent is up 32% since the 2005–2009 survey, before inflation.

$1,438

a month. New Jersey's median is $1,720.

Census ACS 5-year, 2020-2024 (latest), with earlier 5-year windows. Survey estimates for a place this size carry wide margins of error. Sources: Census ACS 5-year

The seam

Cross one tract line and median rent doubles.

A $2,353 gap between neighbors, the sharpest rent edge between adjacent tracts in Hunterdon County.

• $1,148 Tract 106
• $3,501 Tract 107.02

Census ACS 5-year, 2020-2024, adjacent tracts compared by the Almanac. Tract estimates carry wide margins of error. Sources: Census ACS 5-year

Room to build

The median rent is above what local wages can carry.

$841–$1,262

is the monthly rent range local workforce wages support.

• $1,438 median

Supportable rent computed by the Almanac from 2023 source wage data. Median rent: Census ACS 5-year, 2020-2024. Sources: Computed by the Almanac, Census ACS 5-year

Building

Most of the housing here is older than 2000.

• 105 homes permitted in ten years, 2016–2025
• 6% of those were in multifamily buildings
• 91% of all homes were built before 2000

Census Building Permits Survey, 2016–2025; Census ACS 5-year, 2020-2024. Survey estimates for a place this size carry wide margins of error. Sources: Census Building Permits Survey, Census ACS 5-year

Units needed

Closing the gap would add 0.1–0.5% to the 2,353 homes here.

2–12

is the estimated number of missing housing units, from the lowest to the highest of three estimates.

Range computed by the Almanac from 2023 jobs and household data, using three demand models: 1% of jobs located here, 1% of renter households, and a rate by town size applied to renters. The low end is the lowest of the three and the high end the highest. It is an estimate, not a count. Sources: Computed by the Almanac

Home value

A median home costs 24% more than New Jersey's.

$562,300

median home value in Lambertville.

• $562,300 Lambertville
• $454,400 New Jersey
• $332,700 U.S.

Census ACS 5-year, 2020-2024. Survey estimates for a place this size carry wide margins of error. Sources: Census ACS 5-year