Rare opportunity to own approximately 17.4 acres in Hopewell Township. The property is currently farmland assessed and includes a farmhouse dating to circa 1883. Surrounded by the scenic farmland and natural beauty that define the Hopewell Valley, the property offers a unique opportunity for agricultural use, rental income, and long-term land ownership in one of Central New Jersey's most desirable rural locations. Preservation restrictions apply, and any subdivision, development, or changes in use beyond agricultural purposes would require approval from the Mercer County Agriculture Development Board (CADB) and the New Jersey State Agriculture Development Committee (SADC). The existing farmhouse contains approximately 2,200 square feet. Buyers should conduct their own due diligence regarding the condition of the improvements, wetlands, preservation restrictions, and any future approvals or permitted uses. Conveniently located near Princeton, Pennington, and Lambertville, this property presents a rare opportunity to acquire a preserved farm with income-producing improvements in the heart of Hopewell Township.
Under contract
$499,000
164 Blackwell Rd, Pennington, NJ 08534
4beds
2,208sqft
Farm
Built in 1883
17.4 Acres Lot
$-- Zestimate®
$226/sqft
$-- HOA
What's special
- 109 days
- 185
- 7
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Clare Mackness 609-454-1436,
Callaway Henderson Sotheby's Int'l-Princeton
Source: Bright MLS,MLS#: NJME2078562
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Basement
- Area: 0
Heating
- Baseboard, Natural Gas
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,208
- Total interior livable area: 2,208 sqft
- Finished area above ground: 2,208
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Waterfront features: Pond
Lot
- Size: 17.4 Acres
Details
- Additional structures: Above Grade, Below Grade, Residence
- Parcel number: 060007500001 01
- Zoning: VRC
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Farm
Materials
- Frame
- Foundation: Stone
Condition
- New construction: No
- Year built: 1883
Utilities & green energy
- Sewer: On Site Septic
- Water: Well
Community & HOA
Community
- Subdivision: None Available
HOA
- Has HOA: No
Location
- Region: Pennington
- Municipality: HOPEWELL TWP
Financial & listing details
- Price per square foot: $226/sqft
- Tax assessed value: $377,000
- Annual tax amount: $12,255
- Date on market: 6/5/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2026 | Contingent | $499,000$226/sqft |
Source:  Bright MLS #NJME2078562 Report a problem | ||
| 6/6/2026 | Listed for sale | $499,000+126.8%$226/sqft |
Source: Bright MLS #NJME2078562 Report a problem | ||
| 12/2/2025 | Listing removed | $3,300$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/18/2025 | Listed for rent | $3,300+17.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/21/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 4/20/2021 | Listed for rent | $2,800$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 9/17/2004 | Sold | $220,000$100/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,465 | $377,000 |
| 2024 | $11,465 -0.6% | $377,000 |
| 2023 | $11,532 | $377,000 |
| 2022 | $11,532 +2.5% | $377,000 |
| 2021 | $11,253 +2.5% | $377,000 |
| 2020 | $10,978 +1.9% | $377,000 |
| 2019 | $10,775 +2.8% | $377,000 |
| 2018 | $10,481 +2.5% | $377,000 |
| 2017 | $10,228 +2.2% | $377,000 |
| 2016 | $10,009 +2.1% | $377,000 |
| 2015 | $9,802 | $377,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 08534
Nearby schools
Schools provided by the listing agent
- District: Hopewell Valley Regional Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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