$499,000
 $2,679 est/mo Sourced by Back At You

164 Blackwell Rd,PENNINGTON, NJ 08534

PENNINGTON, NJ 08534

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Description

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.

Details

MLS #NJME2078562
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusPending-bright
Year1883
Days On Site133
Listing Provided ByCallaway Henderson Sotheby's Int'l-Princeton | Clare Mackness

Features

Bed(s)4
Bath(s) 2 Total
SQ Feet2,208
BasementY
Story(s)2
ZoningVRC
Acreage17.40

Interior

CoolingNone
Heating Yes / NoYes
HeatingBaseboard - Hot Water

Exterior

Construction MaterialsFrame
Foundation DetailsStone

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount12255

Area Information

StateNJ
CountyMERCER NJ
CityPENNINGTON
Zip Code08534
AreaHopewell Twp (21106)
Community NameNONE AVAILABLE
School DistrictHOPEWELL VALLEY REGIONAL SCHOOLS
Listing VS Median (in NONE AVAILABLE)
Price:
$499,000
low | high
Med:
$359,900
77.875751503006% of Average
sqft:
2,208
low | high
Med:
1,529
80.774456521739% of Average
$ / sqft:
$226
low | high
Med:
$239
44.097867317881% of Average
On site:
133
low | high
Med:
21
100% of Average
Sourced by Back At You

Market Activity 08534

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Learn More About This Property

StateNJ
CountyMERCER NJ
CityPENNINGTON
Zip Code08534
AreaHopewell Twp (21106)
Community NameNONE AVAILABLE
School DistrictHOPEWELL VALLEY REGIONAL SCHOOLS
Listing VS Median (in NONE AVAILABLE)
Price:
$499,000
low | high
Med:
$359,900
77.875751503006% of Average
sqft:
2,208
low | high
Med:
1,529
80.774456521739% of Average
$ / sqft:
$226
low | high
Med:
$239
44.097867317881% of Average
On site:
133
low | high
Med:
21
100% of Average
Sourced by Back At You
Listing Updated: October 12, 2026 at 11:17:50 AM PDT