Listing Agency: BHHS FOX & ROACH - PRINCETON h***@foxroach.com Show Phone

Listed By: HELEN H SHERMAN

Source: Corcoran

Added: May 25 Changed: Aug 8 Last Checked: Jul 23 at 9:06AM

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Investment Insights

Based on property information with market context.

This 27-acre preserved farmland parcel in Hopewell Township presents an opportunity for ownership. The property is actively farmed by a local tenant farmer, maintaining its Farmland status. Property taxes are currently under $500 per year. It includes a 1.299-acre exception area for the construction of a single-family residence up to 4,000 square feet, as per the deed of easement. This area is enclosed within an 8-foot deer fence, forming part of an 8-acre private homesite located toward the rear of the property, away from the road. An existing well, previously installed for a future residence, is included. The buyer is responsible for septic engineering and installation, underground electric, and the installation of a farm lane or driveway in accordance with the deed of easement. The area demonstrates strong demand for preserved farmland. This property offers the opportunity to own a farm and create a private country estate with the benefits of preserved farmland, privacy, and low taxes. Rollback taxes, if any, are the responsibility of the buyer.

Key Highlights

• Prime 27‑acre preserved farmland parcel with extremely low property taxes (under $500/year).
• Includes a 1.299‑acre exception area for building a single‑family residence up to 4,000 SF.
• Existing well already installed on the property.

Property Analytics

Property Profile

Current Use

Agricultural land / Farmland

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Parking Lot & Garage Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

21

Businesses Nearby

Explore this area Business Placement

Demographics for 08560, NJ

3,553

Population

1,475

Households

2.4

Avg Household Size

46

Median Age

50%

College-Educated

96%

High-School Grad

13.3 sq mi

ZIP Area

267

Density / Sq Mi

$126,726

Median Household Income

$58,802

Median Earnings

$2,163

Median Rent

$399,700

Median Home Value

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Frequently Asked Questions

What type of property is this?

Agricultural land / Farmland - 27-acre preserved farmland with building exception in Hopewell Township.

Where is this agricultural land / farmland located?

The property is located at 1292 Bear Tavern Rd Titusville, NJ.

What is the asking price?

The asking price for this property is $550,000.

What are key features of this property?

This property features: Prime 27‑acre preserved farmland parcel with extremely low property taxes (under $500/year).; Includes a **1.299‑acre exception area for building a single‑family residence up to 4,000 SF.**; Existing well already installed on the property.