Amazing opportunity for investors, builders, developers. This 15+/- acre property in Exeter Township is situated in the Urban Residential zoning district. Zoning guides are attached in Bright but please verify any uses. Lots of possibilities. It borders Laurel Springs Townhome community and Orchard View townhomes and Woodgate apartments. There are 3 separate homes on the property that all need a lot of work. The addresses are 701 E Neversink (the main house) 701B E Neversink (the small farmhouse in front) and 635 E Neversink (the white home with metal roof on the left). In my opinion they could all be resurrected and turned into rental properties or live in one and rent the others. Like I said, lots of potential. There is a nice pond on the property. The parcel is not in Act 319 Clean and Green. So if you keep the property whole, maybe this is something to consider. Great location with access to 422 and Perkiomen Ave in minutes. The property is serviced by gas and public sewer.
Sold for $525,000 on 08/08/25
$525,000
701 E Neversink Rd, Reading, PA 19606
--beds
--baths
15.04Acres
Unimproved Land
Built in ----
15.04 Acres Lot
$536,000 Zestimate®
$--/sqft
$2,311 Estimated rent
Home value
$536,000
$498,000 - $574,000
$2,311/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 08, 2025 at 04:02am
Listed by:
Dave Mattes 610-670-2770,
RE/MAX Of Reading,
Listing Team: The Dave Mattes Team
Bought with:
Melanie Mattes, RS324988
RE/MAX Of Reading
Source: Bright MLS,MLS#: PABK2053652
Facts & features
Property
Lot
- Size: 15.04 Acres
- Features: Wooded, Suburban
Details
- Parcel number: 43532505283267
- Zoning: UR
- Zoning description: Urban Residential
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Private, Well
- Utilities for property: Cable Available
Community & neighborhood
Location
- Region: Reading
- Municipality: EXETER TWP
Other
Other facts
- Listing agreement: Exclusive Agency
- Listing terms: Cash,Other
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 8/8/2025 | Sold | $525,000-19.2% |
Source:  Bright MLS #PABK2053652 Report a problem | ||
| 7/10/2025 | Pending sale | $649,900 |
Source: Bright MLS #PABK2051400 Report a problem | ||
| 6/17/2025 | Listed for sale | $649,900 |
Source: Bright MLS #PABK2053652 Report a problem | ||
| 6/11/2025 | Contingent | $649,900 |
Source: Bright MLS #PABK2053652 Report a problem | ||
| 6/10/2025 | Listed for sale | $649,900 |
Source: Bright MLS #PABK2053652 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,238 +4.5% | $266,700 |
| 2024 | $12,666 +3.4% | $266,700 |
| 2023 | $12,251 +1.1% | $266,700 |
Find assessor info on the county website
Neighborhood: 19606
Nearby schools
GreatSchools rating
- 7/10Reiffton SchoolGrades: 5-6Distance: 1.2 mi
- 5/10Exeter Twp Junior High SchoolGrades: 7-8Distance: 1.2 mi
- 7/10Exeter Twp Senior High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- High: Exeter Township Senior
- District: Exeter Township
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.