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 on 09/15/23
$380,000
61 Princeton Ave, Hopewell, NJ 08525
--beds
--baths
9,627Square Feet
Unimproved Land
Built in ----
9,627 Square Feet Lot
$520,000 Zestimate®
$--/sqft
$3,101 Estimated rent
Home value
$520,000
$458,000 - $593,000
$3,101/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: September 15, 2023 at 08:35am
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 sqft
- 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 & neighborhood
Location
- Region: Hopewell
- Subdivision: None Available
- Municipality: HOPEWELL BORO
Other
Other facts
- 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 | ||
| 7/17/2023 | Pending sale | $380,000 |
Source:  Weichert Pro #NJME2029892 | ||
| 7/17/2023 | Contingent | $380,000 |
Source: Bright MLS #NJME2029896 | ||
| 7/5/2023 | Listed for sale | $380,000+74.3% |
Source: Bright MLS #NJME2029896 | ||
| 11/21/2018 | Sold | $218,000-8.4% |
Source: Public Record | ||
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 |
Find assessor info on the county website
Neighborhood: 08525
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.