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    00 Route 518 Skillman, NJ 08558

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    For Sale
    $1,500,000

    53+ acre preserved farm with entrepreneurial potential near Princeton.

    Property Features for 00 Route 518

    General Information

    Standard status
    Active

    Building Details

    Year built
    9999

    Source: CALLAWAY HENDERSON SOTHEBY'S INT'L-PRINCETON Agent JENNIFER E CURTIS

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    53+ Acre Preserved Farm

    This 53+ acre preserved farm offers entrepreneurial opportunities. The property features road frontage, a homesite, and acreage suitable for agricultural uses. It is an ideal setting for architectural ambitions and exploring opportunities for nursery, crop, livestock, farm-to-table, vineyard, or equestrian operations. The property includes two building envelopes, each with its own septic system, allowing for a private home and a working farm enterprise. The location is moments from Montgomery’s thriving commercial center and mere miles from the cultural richness of Princeton.
    Location Intelligence

    Current Use by Public Records

    Vineyards

    Suggested Use

    Restaurant Building Supply Wholesale Shop Kitchen & Bath Bar & Pub Garden Center Cafe & Coffee Shop Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Skillman
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.732439
    Latitude
    40.400889

    Nearby Similar for Sale

    • $150,000

      Established Restaurant in Prime Location

      Turnkey Middle Eastern restaurant for sale in Montgomery Shopping Center.
      1325 Us Highway 206, Skillman, NJ 08558
      View Details

    FAQs

    What type of property is this?
    Farm - 53+ acre preserved farm with entrepreneurial potential near Princeton.
    Where is this farm located?
    The property is located at 00 Route 518 Skillman, NJ.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - 53+ acre preserved farm offering entrepreneurial potential and agricultural uses.; - Two building envelopes, each with its own septic system.; - Exceptional road frontage and a beautiful homesite.
    Request Owner's contact information
    00 Route 518 Skillman, NJ 08558
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    Skillman, NJ 08558
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    00 Route 518 Skillman, NJ 08558
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