Wouldn't swear that it is lifter tap because I don't know much about cars. It is a clicking noise that occurs at about 4-5 beats per second when idling in neutral with the air conditioner off. It isn't obnoxiously loud, though.
I've only had the car for three months, and I'm trying to decide if I want to spend money on it. It has 166k. Doesn't need timing or other belts. Interior is very nice and exterior is good. The transmission doesn't shift as smoothly as I'd like between first and second, but it isn't bad. If it seems like everything is OK, I'll get a full tune-up and a few cosmetics and hang on to the car because I like it. Otherwise, I'll sell it and move on.