1270 Bear Tavern Rd Under Contract

Hopewell Twp.,NJ 08560

$ 3450000

4 Beds

3 Baths

- SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID 3772035

Style Colonial, Ranch

Bedrooms 4

Full Baths 3

Year Built 1970

Annual Tax Amount $33,459

Tax Year 2021

Lot Size 130.570 Acres

Property Description

This 130+ acre property has the DEVELOPMENT RIGHTS INTACT and is in the VRC zone in Hopewell Twp. The land being sold consists of two parcels: Block 62 Lot 3 which includes 95.4 acres, two houses and several outbuildings (offered separately for $2,750,000) and Block 62 Lot 2.02 with 35.17 acres. Both parcels are currently farm qualified, 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 since many of the surrounding properties are preserved and protected by conservation easements. Other possible options for the property one can explore include turning it into an equestrian destination, a vineyard, a possible solar farm or building a house of worship (buyers to independently verify all intended uses of the property with the township). The 3 bedroom, 3 full bath main house is one level and built in the late 1960s/early 1970s. It has an eat in kitchen, dining room, living room, family room, vaulted ceilings, beautiful views of the surrounding land, generator, 3 car garage and inground pool. The farmhouse has 3 bedrooms, 2 full bathrooms and outbuildings including a three bay garage and six stall barn. The property is near major routes including 295 & Rt. 31. Buyer responsible for the rollback taxes if the farm qualification is not maintained.

Location

State NJ

County Mercer

Rooms

Family Room 21x24

Dining Room Formal Dining Room

Kitchen Eat-In Kitchen

Interior

Heating Electric

Cooling Central Air

Flooring Carpeting, Tile, Wood

Fireplaces Number 3

Fireplaces Type Bedroom 1, Family Room, Kitchen

Exterior

Exterior Feature Stone

Garage Attached Garage

Garage Spaces 3.0

Pool In-Ground Pool

Utilities Available Electric

Roof Type Asphalt Shingle

Building

Lot Description Open Lot, Possible Subdivision

Sewer Septic

Water Well

Schools

Elementary Schools Beartavern

Middle Schools Timberlane

High Schools Central

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