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. Buyer will be responsible for the rollback taxes if the farm qualification is not maintained.
Property Details
Property Features
Listing Office:
Office Name: BHHS Fox & Roach - Princeton
Office Phone: (609) 924-1600
Listing Agent: Jennifer Tome-Berry
Exterior Features
Exterior Information:
View: Pasture, Trees/Woods
Lot Features
Lot Information:
Lot: Cleared, Front Yard, Irregular Lot, Wooded, Back Yard, Side Yard(s), Stream/Creek, Split Possible, Vegetation/Crops, Open Lot, Rural Area
Lot Size: 130.57 Acres
School Info
Assigned Schools Information:
Hopewell Valley Central High School, Public District Grades 9-12
Timberlane Middle School, Public District Grades 6-8
Bear Tavern Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: I-295 to Route 579 past Washington Crossing State Park to proprety on right. Enter driveway through the white iron gates. Main house is the first house on the left. Continue straight down the driveway to get to the farm house and outbuildings.
Municipality:
Hopewell Twp
Price Information
Listing Price Info
Price Summary:
List Price: $3,450,000
Tax Information:
Annual Amount: $31,190
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Titusville, NJ.
This property is $2.9M more than the Median Sold Price in Titusville, NJ.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #NJME2007894
Listing Office:
Office Name: BHHS Fox & Roach - Princeton
Office Phone: (609) 924-1600
Listing Agent: Jennifer Tome-Berry
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
Bear Tavern Elementary School
1162 Bear Tavern Rd
Distance between this listing and this school1.37 miles
Public District Grades PK-5
Middle School
6
/10
Timberlane Middle School
51 Timberlane Dr
Distance between this listing and this school2.32 miles
Public District Grades 6-8
High School
8
/10
Hopewell Valley Central High School
259 Pennington Titusville Rd
Distance between this listing and this school2.40 miles
Public District Grades 9-12
Assigned Schools
4
/10
Bear Tavern Elementary School
1162 Bear Tavern Rd
Distance between this listing and this school1.37 miles
Public District Grades PK-5
Nearby Schools
4
/10
Toll Gate Grammar School
275 S Main St
Distance between this listing and this school3.15 miles
Public District Grades KG-5
4
/10
Francis Lore Elementary School
13 Westwood Dr
Distance between this listing and this school3.22 miles
Public District Grades PK-5
Assigned Schools
6
/10
Timberlane Middle School
51 Timberlane Dr
Distance between this listing and this school2.32 miles
Public District Grades 6-8
Nearby Schools
3
/10
Gilmore J. Fisher Middle School
1325 Lower Ferry Rd
Distance between this listing and this school4.59 miles
Public District Grades 6-8
3
/10
The Village Charter School
101 Sylvan Ave
Distance between this listing and this school6.17 miles
Public Charter Grades KG-8
Assigned Schools
8
/10
Hopewell Valley Central High School
259 Pennington Titusville Rd
Distance between this listing and this school2.40 miles
Public District Grades 9-12
Nearby Schools
2
/10
Ewing High School
900 Parkway Ave
Distance between this listing and this school5.68 miles
Public District Grades 9-12
10
/10
New Hope-Solebury High School
182 W Bridge St
Distance between this listing and this school6.46 miles
The neighbors living near this home have an average income of $140,385. The majority of Titusville, NJ residents have income between $100k-200k annually. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1270 Bear Tavern Rd
What is the listing price of this property?
The listing price of 1270 Bear Tavern Rd property is $3,450,000.
What type of property is this?
The property 1270 Bear Tavern Rd is land located in Titusville, New Jersey, 08560.
Is this property for sale now?
Sale Pending: 1270 Bear Tavern Rd is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
What are the assigned schools for this property?
The assigned schools for 1270 Bear Tavern Rd are: Bear Tavern Elementary School: GreatSchools Rating 4/10Timberlane Middle School: GreatSchools Rating 6/10Hopewell Valley Central High School: GreatSchools Rating 8/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $31,190 (source: MLS/based on county public records data).
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This home is located at 1270 Bear Tavern Rd in Titusville, NJ and zip code 08560. This home sits on a 130.57 acre lot. It has been listed on Rocket Homes since December 02, 2021 and is currently priced at $3,450,000.
While more than 2 listings in Titusville, NJ in April 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 2 were sold below. Listings spent 36 days on the market in April 2024, and had a median list price of $515,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.