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Preserved Farm with Historic Farmhouse
For Sale
$499,000
Pending

164 Blackwell Rd, Pennington, NJ 08534

Approximately 17.4 acres with a circa-1883 farmhouse, subject to agricultural preservation requirements.

Property Size2,208 SF
Lot Size17.40 Acres
Days on Market65

Property Features for 164 Blackwell Rd

General Information

Standard status Pending
Size 2,208 SF
Lot size 17.40 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $12,255

Amenities

Baseboard - Hot Water Heating
Natural Gas Heating

Building Details

Year Built 1883
Listing Agency: CALLAWAY HENDERSON SOTHEBY'S INT'L-PRINCETON
Listed By: CLARE MACKNESS
Source: Corcoran
Added: Jun 6 Changed: Aug 8 Last Checked: Jul 23 at 8:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CALLAWAY HENDERSON SOTHEBY'S INT'L-PRINCETON

Investment Insights

Based on property information with market context.

The property consists of approximately 17.4 acres in Hopewell Township and is currently farmland assessed. It includes a farmhouse dating to circa 1883 with approximately 2,200 square feet. Preservation restrictions apply, and any subdivision, development, or changes in use beyond agricultural purposes require approval from the Mercer County Agriculture Development Board (CADB) and the New Jersey State Agriculture Development Committee (SADC). Buyers are encouraged to complete their own due diligence regarding the condition of the improvements and factors including wetlands, preservation restrictions, and any future approvals or permitted uses.

Located in the Hopewell Township area of Central New Jersey, the farm is positioned near Princeton, Pennington, and Lambertville. The property is described as surrounded by scenic farmland and natural settings associated with the Hopewell Valley.

This offering can be a practical fit for buyers seeking preserved farmland with an existing historic residential structure, while planning within the agricultural use and approval framework administered through CADB and SADC. Prospective buyers should evaluate how the preservation restrictions impact long-term objectives, including whether their intended activities remain within agricultural purposes and what approvals may be required for any additional uses.

Key Highlights

  • Approximately 17.4 acres in Hopewell Township, currently farmland assessed
  • Circa‑1883 farmhouse on site with approximately 2,200 SF
  • Preservation restrictions apply to the property

Property Analytics

Current Use

Agricultural land / Farmland

Suggested Use

Top Pick Building Supply Parking Lot & Garage Electrical Service Garden Center Nursing Home

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

14
Businesses Nearby

Demographics for 08534, NJ

12,955
Population
5,107
Households
2.5
Avg Household Size
45
Median Age
72%
College-Educated
97%
High-School Grad
21.8 sq mi
ZIP Area
594
Density / Sq Mi
$180,491
Median Household Income
$94,154
Median Earnings
$2,106
Median Rent
$573,100
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Approximately 17.4 acres with a circa-1883 farmhouse, subject to agricultural preservation requirements.
Where is this agricultural land / farmland located?
The property is located at 164 Blackwell Rd Pennington, NJ.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Approximately 17.4 acres in Hopewell Township, currently farmland assessed; Circa‑1883 farmhouse on site with approximately 2,200 SF; Preservation restrictions apply to the property
More about this property
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