1270 Bear Tavern Rd

Hopewell Twp., NJ 08560-1529

This 130+ acre property has the DEVELOPMENT RIGHTS INTACT and is in the VRC zone in Hopewell Twp. The land being sold consists of two parcels: Block 62 Lot 3 which includes 95.4 acres, two houses and several outbuildings (offered separately for $2,750,000) and Block 62 Lot 2.02 with 35.17 acres. Both parcels are currently farm qualified, reducing the property taxes. The future Owner of this property could explore developing the land further or selling the development rights of one or both parcels. According to the 2020 Mercer County Master Plan these parcels are targeted for preservation since many of the surrounding properties are preserved and protected by conservation easements. Other possible options for the property one can explore include turning it into an equestrian destination, a vineyard, a possible solar farm or building a house of worship (buyers to independently verify all intended uses of the property with the township). The 3 bedroom, 3 full bath main house is one level and built in the late 1960s/early 1970s. It has an eat in kitchen, dining room, living room, family room, vaulted ceilings, beautiful views of the surrounding land, generator, 3 car garage and inground pool. The farmhouse has 3 bedrooms, 2 full bathrooms and outbuildings including a three bay garage and six stall barn. The property is near major routes including 295 & Rt. 31. Buyer responsible for the rollback taxes if the farm qualification is not maintained.