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Listing IDNJME2006952
Price$3,450,000
StatusPENDING
Bedrooms3
Total Baths3
Full Baths3
Acres
130.570
CountyMercer
SubdivisionNONE AVAILABLE
Year Built1970
Property TypeResidential
Property Sub TypeDetached
This 130+ acre property has the DEVELOPMENT RIGHTS INTACT and is located in Hopewell Township's VRC zone. The land being sold consists of two parcels: Block 62 Lot 2.02 with 35.17 acres and Block 62 Lot 3 which includes 95.4 acres, two houses and several outbuildings. Both parcels are currently farm assessed, reducing the property taxes. The future owner of this property could explore developing the land further or selling the development rights of one or both parcels. According to the 2020 Mercer County Master Plan these parcels are targeted for preservation (documents available upon request) since many of the surrounding properties are preserved and protected by conservation easements. The structures are on the 95.4 acre parcel and consist of the one level main house, a farmhouse and several outbuildings. The main house was built in the late 1960s/early 1970s and is a ranch style home with three bedrooms, three full bathrooms, vaulted ceilings and beautiful views of the surrounding land. Other features include a custom eat-in kitchen, formal dining room, living room with built-in shelving, primary bedroom suite with ample closet space, three car garage, three fireplaces, inground pool and whole house generator. The farmhouse comprises three bedrooms and two full bathrooms and there are many outbuildings including a three bay garage and six stall barn. Other possibilities for the property that a potential buyer can explore are: ** Selling the development rights of the 35.17 acre parcel, retaining a building envelope and selling it since it is deeded separately. **The 95.4 acre parcel could potentially undergo a minor subdivision to offer each house on separate lots with a driveway easement and the remaining land could be retained for further development. **Sell off the two homes and explore developing the remaining land. **Developing the property for agricultural purposes such as building an equestrian facility, creating a vineyard, growing crops or raising animals on a larger scale. **Possibly construct a house of worship. **Explore using the land for a solar farm. **Establish a family compound for multi generational living. This property is located in the Hopewell Valley Regional School District and is centrally located on a County Road close to I-295, Route 31 and the Mercer County Airport. NOTE: Square footage is from tax record and is assumed to be the square footage of main house and farmhouse. Year built of 1800 in tax record is assumed to be the farmhouse. Tax values are for a combination of the two parcels. The examples of possible uses for the property mentioned above should be independently verified by the buyer with the township. ALSO: If one does not want the full 130 acres, the property is being offered for sale as follows: 95.4 acres with the two houses and outbuildings for $2,750,000 (See MLS#: NJME2025266). Buyer will be responsible for the rollback taxes if the farm qualification is not maintained.
County
Mercer
Property Sub Type
Detached
Property Type
Residential
Subdivision
NONE AVAILABLE
Year Built
1970
Zoning
VRC
Above Grade Finished Area Units
Square Feet
Above Grade Finished SqFt Source
Estimated
Appliances
Built-In Microwave, Central Vacuum, Cooktop, Dishwasher, Dryer, Oven - Wall, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
Basement
yes
Basement Type
Partial
Bathrooms Count Main Level
3
Bathrooms Full Main Level
3
Bedrooms Count Main Level
3
Below Grade Finished Area Units
Square Feet
Below Grade Finished SqFt Source
Assessor
Below Grade Unfinished Area Units
Square Feet
Below Grade Unfinished SqFt Source
Assessor
Central Air
yes
Cooling Type
Central A/C
Fireplace
yes
Fireplace Features
Wood, Brick, Stone
Fireplaces Count
3
Flooring Type
Ceramic Tile, Carpet, Wood
Heating
yes
Heating Type
Baseboard - Electric
Laundry Type
Main Floor
Levels Count
1
Living Area SqFt Source
Estimated
Room Count
12
Room List
Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Laundry, Office, Bathroom 1, Bathroom 2, Primary Bathroom
Total Below Grade SqFt Source
Assessor
Total SqFt Source
Estimated
Wall & Ceiling Types
Vaulted Ceilings
Architectural Style
Ranch/Rambler, Farmhouse/National Folk, Colonial
Construction Materials
Frame
Cooling Fuel
Electric
Driveway Number of Spaces
8
Exterior Features
Outbuilding(s)
Fencing
Split Rail
Foundation Details
Block
Garage
yes
Garage Features
Garage - Side Entry, Garage Door Opener, Oversized, Inside Access
Garage Spaces Count
3
Heating Fuel
Electric
Horse Amenities
Horses Allowed
Horses
yes
Hot Water
Electric
Lot Dimensions Source
Assessor
Lot Size Dimensions
0.00 x 0.00
Lot Size Source
Estimated
Lot Size Units
Square Feet
Lot SqFt
5687629.2
New Construction
no
Number of Attached Garage Spaces
3
Other Structures
Above Grade, Below Grade
Outdoor Living Structures
Patio(s)
Parking Features
Asphalt Driveway, Paved Driveway
Pool
Yes - Personal
Pool Features
Concrete, In Ground
Sewer Septic
On Site Septic
Tidal Water
no
Total Garage and Parking Spaces
11
Type of Parking
Attached Garage, Driveway
Water Access
no
Water Oriented
no
Water Source
Well
Water View
no
Condo/Co-op Association
no
Country
US
Elementary School
BEAR TAVERN
Elementary School Source
Listing Agent
High School
CENTRAL
High School Source
Listing Agent
HOA
no
Location Type
Rural
Middle Or Junior School
TIMBERLANE
Middle School Source
Listing Agent
MLS Area
Hopewell Twp (21106)
Municipality
HOPEWELL TWP
School District Name
HOPEWELL VALLEY REGIONAL SCHOOLS
School District Source
Listing Agent
Senior Community
no
Transportation
Airport less than 10 miles
View Type
Pasture, Trees/Woods
Waterfront
no
Accessibility Features
None
Days on Market
643
Municipal Trash
no
Story List
Main
Year Assessed
2022
Year Built Source
Estimated
Automatically Update Tax Values
no
Inclusions
washer, dryer, refrigerator
Ownership Interest
Fee Simple
Possession
Negotiable
Riparian Rights
no
Sale Type
Standard
Tax Annual Amount
34288.33
Tax Assessed Value
1120900
Tax Lot
00003
Tax Total Finished SqFt
5933
Tax Year
2022
Vacation Rental
no
Listing courtesy of BHHS Fox & Roach - Princeton (609) 924-1600
© 2024 Bright MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Listing courtesy of BHHS Fox & Roach - Princeton. Data last updated on Thursday, March 28th, 2024 07:52:10 PM.
© 2024 Bright MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Listing courtesy of BHHS Fox & Roach - Princeton. Data last updated on Thursday, March 28th, 2024 07:52:10 PM.
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