Property profile

281 Wertsville Rd East Amwell Township, NJ 08551

OFF-MARKET
Land
58 ac lot
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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

Location

281 Wertsville Rd East Amwell Township, NJ 08551
East Amwell Township metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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