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    OFF-MARKET
    Land

    281 Wertsville Rd, East Amwell Township, NJ 08551

    58 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 58-acre property in East Amwell Township, Hunterdon County, New Jersey, presents a unique opportunity for agricultural pursuits or a tranquil country lifestyle. Located at 281 Wertsville Rd, Ringoes, NJ 08551 (40.4452797, -74.8067048), this expansive land boasts stunning views enhanced by rows of mature trees. Currently used for hay farming, the majority of the acreage is 100% tillable and highly suitable for continued agricultural use. The property's location within a farmland preservation zone ensures its rural character and offers significant long-term value. The zoning allows for the construction of a single-family home, providing the option to restore an existing structure or build a new residence. Existing barns on the property are restorable, or additional barns could be constructed, subject to local regulations. Conveniently located just 10 minutes from Flemington and 20 minutes from Princeton, this property offers a blend of rural serenity and easy access to urban amenities. The asking price is $989,900. This is a rare opportunity to acquire a significant parcel of preserved farmland with exceptional potential.

    Property profile
    Verified
    Property type Land
    Lot 58 ac (2,526,480 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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