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    OFF-MARKET
    Commercial real estate

    101 Johanna Farms Rd, Raritan Township, NJ 08551

    29.39 ac lot
    Individually Owned 1-yr Hold
    Property ID
    US59-2064689
    Property summary
    AI-generated overview

    This exceptional 29.39-acre property in Raritan Township, NJ, presents a unique opportunity for agricultural or residential development. Located at 101 Johanna Farms Rd, Ringoes, NJ 08551 (Hunterdon County), this land boasts a desirable location within an established estate neighborhood, yet offers the seclusion and privacy ideal for a farmette or estate farm. The property is zoned for Agricultural and Residential 1 Family use, allowing for diverse development options. A concept plan is available illustrating the potential for subdivision into three or four lots, each with road frontage. One lot could exceed 20 acres, featuring a stream and backing onto open space. This presents a significant opportunity to create multiple high-value properties, given the presence of million-dollar homes in the surrounding area. The asking price for this expansive parcel is $600,000. Serious inquiries are encouraged to explore the full potential of this remarkable land.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 29.39 ac (1,280,228 SF)
    UPID US59-2064689
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Township Of Raritan · 1 yrs held
    Township Of Raritan
    since 2025
    2 recorded transactions
    2025
    2021
    $325,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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