This prime piece of land offers an exceptional opportunity for real estate investors and developers. With its approved use for a building with (3) 3 bedroom/2 bath rental units, including basement and garage, this property is a rare find in a highly desirable location. The zoning regulations allow for three rental units, making this land a lucrative investment opportunity. Property has been developed and all approvals have been obtained. Architectural and site plans are included. Construction is ready to start! **This property cannot be subdivided. One deed will be issued for 3 rental units. Units cannot be sold individually.
Sold for $380,000
$380,000
61 Princeton Ave, Hopewell, NJ 08525
--beds
--baths
9,627Square Feet
Unimproved Land
Built in ----
9,627 Square Feet Lot
$-- Zestimate®
$--/sqft
$2,885 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,885/mo
Zestimate® history
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$2,698/mo
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Zillow last checked:
Listing updated:
Listed by:
Vanessa Reina 609-352-3912,
Weichert Realtors - Princeton
Bought with:
Tom McGann, 7856638
Market Advantage Real Estate
Source: Bright MLS,MLS#: NJME2029896
Facts & features
Property
Lot
- Size: 9,627 Square Feet
- Dimensions: 55.00 x 175.00
Details
- Parcel number: 050002500104
- Zoning: BR
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Hook/Up Avail
- Water: Public Hook-up Available
Community & HOA
Community
- Subdivision: None Available
HOA
- Has HOA: No
Location
- Region: Hopewell
- Municipality: HOPEWELL BORO
Financial & listing details
- Tax assessed value: $209,600
- Annual tax amount: $6,704
- Date on market: 7/5/2023
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 9/15/2023 | Sold | $380,000 |
Source:  Bright MLS #NJME2029896 Report a problem | ||
| 7/17/2023 | Pending sale | $380,000 |
Source:  Weichert Pro #NJME2029892 Report a problem | ||
| 7/17/2023 | Contingent | $380,000 |
Source: Bright MLS #NJME2029896 Report a problem | ||
| 7/5/2023 | Listed for sale | $380,000+74.3% |
Source: Bright MLS #NJME2029896 Report a problem | ||
| 11/21/2018 | Sold | $218,000-8.4% |
Source: Public Record Report a problem | ||
| 9/29/2017 | Listed for sale | $238,000-22% |
Source: Gloria Nilson Co. Real Estate #7056448 Report a problem | ||
| 4/24/2006 | Sold | $305,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,061 | $209,600 |
| 2024 | $7,061 -22.4% | $209,600 |
| 2023 | $9,101 +38.2% | $209,600 |
| 2022 | $6,584 +1.4% | $209,600 |
| 2021 | $6,491 -28.7% | $209,600 |
| 2020 | $9,101 +4.5% | $209,600 -29.7% |
| 2019 | $8,707 +3.2% | $298,300 |
| 2018 | $8,439 +1.1% | $298,300 |
| 2017 | $8,343 +1.5% | $298,300 |
| 2016 | $8,218 +5.8% | $298,300 |
| 2015 | $7,768 +4% | $298,300 -1.6% |
| 2014 | $7,471 +5.2% | $303,200 |
| 2013 | $7,104 +7.3% | $303,200 |
| 2012 | $6,622 +3.2% | $303,200 |
| 2011 | $6,416 +1.9% | $303,200 |
| 2010 | $6,297 +0.7% | $303,200 |
| 2009 | $6,255 +5.3% | $303,200 |
| 2008 | $5,943 +7.7% | $303,200 |
| 2007 | $5,518 | $303,200 +93.2% |
| 2006 | -- | $156,900 |
| 2005 | -- | $156,900 |
| 2003 | -- | $156,900 |
| 2002 | -- | $156,900 |
| 2001 | -- | $156,900 |
Find assessor info on the county website
Neighborhood: 08525
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Nearby schools
GreatSchools rating
- 8/10Hopewell Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 6/10Timberlane Middle SchoolGrades: 6-8Distance: 4.8 mi
- 6/10Central High SchoolGrades: 9-12Distance: 4.7 mi
Schools provided by the listing agent
- Elementary: Hopewell E.s.
- 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.
- New Jersey
- Mercer County
- Hopewell
- 08525
- 61 Princeton Ave
Nearby cities
Nearby zip codes
Other Hopewell Topics
