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Listed by Winn Thompson • BHHS Fox & Roach Hopewell Valley
$ 1,000,000
Est. payment | /mo
2.1 Acres Lot
$ 1,000,000
Est. payment | /mo
2.1 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID NJME2082816
HOA Y/N N
Annual Tax Amount $11,042
Tax Year 2025
Lot Size 2.100 Acres
Acres 2.1
Lot Dimensions 0.00 x 0.00
Property Sub-Type Land
Source BRIGHT
Property Description
Development opportunity! 2.1 acres zoned for Townhouse development at corner of Route 31/ West Franklin Ave in Pennington Boro. Concept plan is for 12 units, could be up to 16 units with creative design. Public Water and Sewer. See zoning regs on documents for specific requirements. There is a a 20% affordable housing set aside of the units for sale, 15% set aside if units are rental. Existing homes at 144 and 148 West Franklin Ave are excluded and will be subdivided. Buyer responsible for obtaining all permits. Property is located close to Timberland Middle School and Hopewell Valley Regional High School.
Location
State NJ
County Mercer
Area Pennington Boro (21108)
Zoning R100/AH1
Interior
Inclusions “As is”
Exterior
Water Access N
View Creek/Stream
Garage N
Building
Sewer Public Sewer
Water Public
Schools
Elementary Schools Toll Gate Grammar School
Middle Schools Timberlane M.S.
High Schools Hoval Reg
School District Hopewell Valley Regional Schools
Others
Tax ID 08-00201-00009; 00002
Ownership Fee Simple
Special Listing Condition Standard
Nearby Locations
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Armando Pina
International Realtor & CEO of The Pina Group License ID: 2191407