Skip To Content

1270 Bear Tavern Road

TITUSVILLE, NJ 08560
  • $2,955,000
  • STATUS: Active
  • ON SITE: 52 Days
  • ID#: NJME2025266
UPDATED: 63 min ago
$2,955,000
  • 3
    BEDS
  • 95.4
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Single-Family Home
Built:
1970
County:

School Information

Elementary School:
Middle School:
High School:

Description

This 95.4 acre property has the DEVELOPMENT RIGHTS INTACT and is in Hopewell Township's VRC zone. The property comprises 95.4 acres, two houses and several outbuildings. Most of the property is farm assessed which reduces the property taxes significantly. A local farmer currently grows crops on the land. The future owner of this property could explore developing the land further or selling the development rights. The main house was built in the late 1960s/early 1970s and is a ranch style home with three bedrooms, three full bathrooms, vaulted ceilings and beautiful views of the surrounding land. Other features include a custom eat-in kitchen, formal dining room, living room with built-in shelving, primary bedroom suite with ample closet space, three car garage, three fireplaces, inground pool and whole house generator. The farmhouse has three bedrooms and two full bathrooms and there are many outbuildings including a three bay garage and six stall barn. This property is located in the Hopewell Valley Regional School District and is centrally located on a County Road close to I-295, Route 31 and the Mercer County Airport. Other possibilities for the property that a potential buyer can explore are: **Applying for a minor subdivision to offer each house on separate lots with a driveway easement and the remaining land could be retained for further development. **Developing the property for agricultural purposes such as building an equestrian facility, creating a vineyard, growing crops or raising animals on a larger scale. **Possibly constructing a house of worship. **Explore using the land for a solar farm. **Establish a family compound for multi generational living. These examples of possible uses should be independently verified by the buyer with the township. NOTE: Tax values include the houses on 5 acres and the 90.4 farm assessed acres. Utilities, bed/bath count, etc all pertain to the main house. Should the buyer choose not to maintain the farm assessment they will be responsible for the rollback taxes. In addition to the 95.4 acres there is an adjacent 35 acre parcel available for $995,000 which also maintains its development rights. See MLS# NJME2025270. Both parcels can be purchased together for $3,950,000. See MLS#: NJME2006952.

Monthly Payment Calculator



©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Mascotti & Company | Keller Williams. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-02-08T16:52:04.443.
www.mascotti.com/homes/135485711
Print Image

1270 Bear Tavern Road TITUSVILLE, NJ 08560

  • Price: $2,955,000
  • Status: Active
  • On Site: 52 Days
  • Updated: 63 min ago
  • ID#: NJME2025266
3
Beds
3
Baths
0
½ Baths
95.4
Acres
1970
Built
Neighborhood:
None Available
County:
Mercer
Area:
Hopewell Twp (21106)
Elementary School:
Bear Tavern
Middle School:
Timberlane
High School:
Central
School District:
Hopewell Valley Regional Schools
Property Description
This 95.4 acre property has the DEVELOPMENT RIGHTS INTACT and is in Hopewell Township's VRC zone. The property comprises 95.4 acres, two houses and several outbuildings. Most of the property is farm assessed which reduces the property taxes significantly. A local farmer currently grows crops on the land. The future owner of this property could explore developing the land further or selling the development rights. The main house was built in the late 1960s/early 1970s and is a ranch style home with three bedrooms, three full bathrooms, vaulted ceilings and beautiful views of the surrounding land. Other features include a custom eat-in kitchen, formal dining room, living room with built-in shelving, primary bedroom suite with ample closet space, three car garage, three fireplaces, inground pool and whole house generator. The farmhouse has three bedrooms and two full bathrooms and there are many outbuildings including a three bay garage and six stall barn. This property is located in the Hopewell Valley Regional School District and is centrally located on a County Road close to I-295, Route 31 and the Mercer County Airport. Other possibilities for the property that a potential buyer can explore are: **Applying for a minor subdivision to offer each house on separate lots with a driveway easement and the remaining land could be retained for further development. **Developing the property for agricultural purposes such as building an equestrian facility, creating a vineyard, growing crops or raising animals on a larger scale. **Possibly constructing a house of worship. **Explore using the land for a solar farm. **Establish a family compound for multi generational living. These examples of possible uses should be independently verified by the buyer with the township. NOTE: Tax values include the houses on 5 acres and the 90.4 farm assessed acres. Utilities, bed/bath count, etc all pertain to the main house. Should the buyer choose not to maintain the farm assessment they will be responsible for the rollback taxes. In addition to the 95.4 acres there is an adjacent 35 acre parcel available for $995,000 which also maintains its development rights. See MLS# NJME2025270. Both parcels can be purchased together for $3,950,000. See MLS#: NJME2006952.
Exterior Features

Architectural Style Ranch/RamblerFarmhouse/National FolkColonial Construction Materials Frame Exterior Features Outbuilding(S) Fencing Split Rail Garage Spaces 3.00 Garage Type Garage - Side EntryGarage Door OpenerOversizedInside Access Garage YN Yes Location Type Rural Lot Features ClearedFront YardOpenRear YardRuralSideyard(S)Road FrontageStream/CreekSubdivision PossibleUnrestrictedVegetation Planting Other Structures Above GradeBelow Grade Parking Features Asphalt DrivewayPaved Driveway Parking Types Attached GarageDriveway Patio And Porch Features Patio(S) Pool Yes - Personal Pool Features ConcreteIn Ground Riparian Rights YN No View PastureTrees/Woods Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 0 Appliances Built-In MicrowaveCentral VacuumCooktopDishwasherDryerOven - WallRefrigeratorStainless Steel AppliancesWasherWater Heater Basement Partial Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplace Features WoodBrickStone Fireplace YN Yes Fireplaces Total 3 Flooring Ceramic TileCarpetWood Heating Baseboard - Electric Heating YN Yes Inclusions WasherDryerRefrigerator Interior Features Built-InsCarpetCedar Closet(S)Ceiling Fan(S)Central VacuumCrown MoldingsFormal/Separate Dining RoomKitchen - Eat-InKitchen - IslandPantryPrimary Bath(S)Skylight(S)Stall ShowerTub ShowerWalk-In Closet(S)Wood FloorsStove - WoodEntry Level Bedroom Laundry Type Main Floor Levels 1 Main Level Bedrooms 3 Room List Living RoomDining RoomPrimary BedroomBedroom 2Bedroom 3KitchenFamily RoomLaundryOfficeBathroom 1Bathroom 2Primary Bathroom Rooms Total 12 Walls Ceilings Vaulted Ceilings

Property Features

Accessibility Features None Assessment Year 2022 Association YN No Central Air YN Yes Condo YN No Cooling Fuel Electric Cross Street In Between Church Road And Pleasant Valley Rd. Foundation Details Block Heating Fuel Electric Horse YN Yes Hot Water Electric Municipality Hopewell Twp Navigable Water YN N New Construction YN No Original MLSNumber 802067549016 Ownership Interest Fee Simple Possession Negotiable Sale Type Standard Senior Community YN No Sewer On Site Septic Structure Design Type Detached Tax Annual Amount 33730.00 Tax Assessment Amount 1102700.00 Transportation Airport Less Than 10 Miles Vacation Rental YN No Water Source Well Zoning Vrc

Listing courtesy of Bhhs Fox & Roach - Princeton: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Mascotti & Company | Keller Williams. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-02-08T16:52:04.443.
 
https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_1_802067549016-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_1_802067549016-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_1_802067549016-2.jpg
Logo
Mascotti & Company | Keller Williams
519 C ST NE
Washington DC, 20002