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Sold for $563,750
  • $563,750

    70 Route 31 N, Pennington, NJ 08534

    --beds
    0baths
    25.03Acres
    VacantLand
    Built in 1915
    25.03 Acres Lot
    $-- Zestimate®
    $--/sqft
    $2,341 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,341/mo

    Zestimate® history
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    What's special

    Great opportunity to own 25+ acres of prime land on Route 31 with favorable zoning. Currently subdivided into two lots (Block 49 Lots 9 and 19). Lot 9 has approx. 3 acres and is Currently Zoned C-1 (Highway Commercial, Neighborhood Retail) with 622 feet frontage on Route 31. Lot 19 has Approx. 5 Acres Zoned O CC (Office Commercial Conversion) in addition to Approx. 16.8 Acres Zoned VRC. "Valley Resource Conservation (VRC) with six acre minimum lot sizes permits clustering for lots greater than 18 acres in the VRC to minimum lot sizes of approximately two acres provided that 65% of the land is maintained as open space. Additionally, the open space set asides must include at least 5 acres of, be greater than 50 feet in width with at least 50% unconstrained land. These same districts provide a variation on clustering, termed open lands' subdivisions, where the remaining open space, be it agricultural or forested lands, is retained in private hands with a deed restriction on the property." Hopewell Township Planning Board 2012. Buyer to verify taxes as the lots are billed separately.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0

    Property

    Parking
    • Parking features: Garage - Detached
    Lot
    • Size: 25.03 Acres
    Details
    • Parcel number: 0600049000000019

    Community & neighborhood

    Location
    • Region: Pennington

    Price history

    DateEventPrice
    7/16/2024Sold$563,750-43.1%
    Source: Public Record Report a problem
    1/22/2022Listing removed--
    Source: Weichert Pro Report a problem
    1/3/2022Listed for sale$990,000
    Source: Bright MLS #NJME2009464 Report a problem
    10/1/2021Listing removed--
    Source: Weichert Pro Report a problem
    5/12/2021Price change$990,000-10%
    Source: Bright MLS #NJME276982 Report a problem
    1/26/2021Listed for sale$1,100,000-26.2%
    Source: Bright MLS #NJME276982 Report a problem
    12/15/2020Contingent$1,490,000
    Source: Bright MLS #NJME276982 Report a problem
    12/4/2020Pending sale$1,490,000
    Source: Weichert Realtors #NJME276982 Report a problem
    11/27/2020Listed for sale$1,490,000
    Source: Weichert Realtors #NJME276982 Report a problem
    7/19/2019Listing removed$1,490,000
    Source: Weichert Realtors #NJME276982 Report a problem
    4/19/2019Listed for sale$1,490,000
    Source: Weichert Realtors #NJME276982 Report a problem
    9/2/2018Listing removed$1,490,000
    Source: Weichert Realtors #1000224358 Report a problem
    5/1/2018Listed for sale$1,490,000
    Source: Weichert Realtors #1000224358 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,431 $178,600
    2024$5,431 -77.3%$178,600 -77.7%
    2023$23,962 +420.1%$800,600
    2022$4,607 +2.5%$800,600 +431.6%
    2021$4,495 +2.5%$150,600
    2020$4,385 +1.9%$150,600
    2019$4,304 -80.6%$150,600
    2018$22,240 +444.3%$150,600 -81.2%
    2017$4,086 +2.2%$800,000 +431.2%
    2016$3,998 +2.1%$150,600
    2015$3,916 $150,600

    Find assessor info on the county website

    Neighborhood: 08534

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: HOPEWELL VALLEY REGIONAL SCHOO

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.