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Property Pennington (United States)by callaway henderson sotheby's international realty

PropertyPennington (United States)
Price :
$875,000
bedrooms5 bathrooms3 land9.4 ha

Why this property will seduce you

  • Preserved Rural Setting: Preserved farmland within Hopewell Valley.
  • Active Rental Income: Existing duplex generating rental income.
  • Investment Potential: Opportunity to create a significant landholding.
Unique opportunity to acquire approximately 23.1 acres of preserved farmland in Hopewell Township. The property is currently farmland, assessed and includes an income-producing duplex. Surrounded by the scenic countryside and preserved farmland that define the Hopewell Valley, the property offers a rare combination of agricultural use, rental income, and long-term investment potential. Any subdivision, development, or changes in use beyond agricultural purposes would require the approval of the Mercer County Agriculture Development Board (CADB) and the New Jersey State Agriculture Development Committee (SADC). An adjacent 7.6-acre non-preserved parcel is also available. This is an exceptional opportunity to create a substantial landholding in one of Central New Jersey's most desirable rural locations. Buyers are encouraged to conduct their own due diligence regarding permitted uses, preservation restrictions, approvals, and future development potential.
Advertiser reference : Y6CWJFLe Figaro Properties reference : 104759441

Its assets

  • Air conditioning

In detail

* : Information not provided by the advertiser

Property Pennington (United States)

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Clare Mackness

callaway henderson sotheby's international realty
4 Nassau Street08542 Princeton (United States) All the listings of this agency

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