Fabulous opportunity to own a prime 27 acre preserved farmland parcel in Hopewell Township with property taxes currently under $500/year. Property is actively farmed by a local tenant farmer growing crops, thus maintaining the Farmland status. Includes a 1.299-acre exception area for construction of a single-family residence up to 4,000 SF per deed of easement, enclosed within an 8 foot dear fence as part of an 8-acre private homesite located toward the rear of the property, away from the road. Includes an existing well previously installed for future residence. Buyer responsible for septic engineering/installation, underground electric, as well as the installation of required farm lane/driveway in accordance with deed of easement. (Estimates available for driveway and underground electric). Area values continue to demonstrate strong demand for preserved farmland, including a neighboring 130-acre farm recently preserved through the State of New Jersey farmland preservation program for $3,210,868, with a separate 28-acre residential parcel later selling at auction for approximately $1.5M. Exceptional opportunity to own a farm and/or create a private country estate with the benefit of preserved farmland, privacy, and extremely low taxes. Property shown by appointment only - do not walk land without prior permission. Rollback taxes, if any, are the responsibility of the buyer.
Listed By
Agency Name: BHHS Fox & Roach - Princeton
Agency Phone: 6099241600
Shown By
Agent Name: Anthony Webster
Agent Phone: (267) 237-3748
Agency Title: RealtyMark
Estimated Payment
$ 1,424.56 per month $1,224.06 Principal & Interest $40.08 Property Tax $160.42 Homeowner's Insurance
1292 Bear Tavern Rd | MLS# NJME2077740
This land located at 1292 Bear Tavern Rd , Titusville, NJ 08560 is currently listed for sale with an asking price of $550,000. The property has approximately 26.99 Acres. Bear Tavern Rd is located within the HOPEWELL VALLEY REGIONAL SCHOOLS school district. Search Titusville real estate on awebster.realtymark.net today.