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Residential Land in Established Neighborhood
For Sale
$395,000
Pending

7 Blue Spruce Dr, Pennington, NJ 08534

1.38-acre parcel to build a custom home.

Property SizeContact for details
Lot Size1.38 Acres
Days on Market160

Property Features for 7 Blue Spruce Dr

General Information

Standard status Pending
Lot size 1.38 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $562
Listing Agency: Callaway Henderson Sotheby's Int'l-Princeton
Listed By: Jane Kenyon · License #8033952
Source: Exprealty
Added: May 22 Changed: Oct 25 Last Checked: Oct 26 at 6:08PM

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

Rey
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Investment Insights

Based on property information with market context.

This 1.38-acre parcel presents the opportunity to build a custom home in an established neighborhood. The partially cleared property is located on a quiet street with attractive houses, including a custom build completed in 2022 on a similarly acquired lot directly across the street. The lot has an acceptable perc test for septic design, and natural gas is available in the street. The location is minutes from Pennington and Hopewell, and within easy reach of Princeton, providing access to restaurants, markets, cafes, boutiques, and the Hopewell Valley school system. This property offers the chance to transform a vision into reality.

Key Highlights

  • Rare 1.38‑acre lot in a desirable neighborhood.
  • Opportunity to build a completely custom home.
  • Conveniently located minutes from Pennington, Hopewell, and Princeton.

Property Analytics

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Open Analytics

Suggested Use

Top Pick Parking Lot & Garage Law Firm Food Market Daycare Center Farmer's Market

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

12
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 1.38-acre parcel to build a custom home.
Where is this residential land & home lot located?
The property is located at 7 Blue Spruce Dr Pennington, NJ.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Rare 1.38‑acre lot in a desirable neighborhood.; Opportunity to build a completely custom home.; Conveniently located minutes from Pennington, Hopewell, and Princeton.
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