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    150 Oak Grove Rd Flemington, NJ 08822

    For Sale
    $575,000

    48-acre parcel suitable for residential or hobby farm development.

    Property Features for 150 Oak Grove Rd

    General Information

    Standard status
    Active

    Source: RE/MAX RESULTS REALTY Agent WALTER KLIM

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

    Overview

    Franklin Township Acreage for Development

    This 48-acre parcel is located in Franklin Township and includes 3.41 acres in Raritan Township. The Franklin Township portion is designated as Block 43, Lot 19, and the Raritan Township portion is Block 12.01, Lot 1.02. The site offers frontage on Oak Grove Rd and Rake Factory Rd. Soil testing and engineering were completed in 2004, but have since expired and would need to be redone. A previous proposal for a two-lot subdivision was not completed. Currently under farmland assessment, any change in use that triggers roll back taxes would be the responsibility of the buyer. The property is conveniently located midway between Flemington and Clinton, making it a potential site for a dream home or hobby farm.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Building Supply Kitchen & Bath Accounting Firm Bar & Pub Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Flemington
    County
    Hunterdon
    State
    New Jersey
    Longitude
    -74.9144273
    Latitude
    40.5311367

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    FAQs

    What type of property is this?
    Land - 48-acre parcel suitable for residential or hobby farm development.
    Where is this land located?
    The property is located at 150 Oak Grove Rd Flemington, NJ.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: - Large 48-acre parcel, ideal for your dream home or hobby farm.; - Conveniently located between Flemington and Clinton.; - Frontage on Oak Grove Rd and Rake Factory Rd.
    Request Owner's contact information
    150 Oak Grove Rd Flemington, NJ 08822
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    Flemington, NJ 08822
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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
    150 Oak Grove Rd Flemington, NJ 08822
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