1270 Bear Tavern Rd

Hopewell Twp., NJ
$ 4,349,000 Beds 4 Baths 3
Monthly Estimate* How much can I afford?

AMAZING OPPORTUNITY to purchase this 130+ acre property in the VRC zone with the DEVELOPMENT RIGHTS INTACT. The land being sold consists of two parcels: Block 62 Lot 2.02 with 35.17 acres and Block 62 Lot 3 which includes 95.4 acres, two houses and several outbuildings. Both parcels are currently farm assessed, 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 farms for preservation (documents available upon request). Many of the surrounding properties have already been preserved and are protected by conservation easements. Other possible options for the property to be explored include turning it into an equestrian destination, a vineyard, or to pursue other agricultural uses. 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 amazing 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 consists of three bedrooms and two full bathrooms and there are many outbuildings including a three bay garage and six stall barn. The property is near major routes.

Single Family

  • Price
  • $ 4,349,000
  • City
  • Hopewell Twp.
  • Bedrooms
  • 4
  • Full Bathrooms
  • 3
  • County
  • MERCER
  • Half Bathrooms
  • 0
  • Area
  • Hopewell Twp.
  • Lot Size
  • 130.57 Acres
  • Zip
  • 08560
  • Year Built
  • 1970
  • Taxes
  • $ 33459
  • Style
  • Colonial, Ranch
  • MLS#
  • 3772035
Listed By: BHHS FOX & ROACH
Data Source: Garden State MLS (GSMLS)

Features

General

Appliances Cooktop - Electric, Dishwasher, Dryer, Generator-Built-In, Refrigerator, Wall Oven(s) - Electric, Washer
Architectural Style Colonial, Ranch
Basement Unfinished
Community Living No
Cooling Central Air
Drive Blacktop, Driveway-Exclusive
Garage Attached Garage
Garage Spaces, Detached Garage 3
Heating Baseboard - Electric
Interior Features CeilCath, CedrClst, CeilHigh, Skylight, StallShw, TubShowr, WlkInCls
Pool Features In-Ground Pool
Pool Y/N Yes
Primary Style Colonial
Roof Asphalt Shingle
Sewer Septic
Sub Property Type Single Family
Tax Annual Amount 33459
Town # 2006
Township Hopewell Twp.
Utilities Electric
Water Heater Electric

Interior Features

Dining Room Level First
Family Room Level First
Fireplace Features Bedroom 1, Family Room, Kitchen
Flooring Carpeting, Tile, Wood
Fuel Type Electric
Kitchen Dimensions 21x21
Kitchen Features Eat-In Kitchen
Kitchen Level First
Level 1 Rooms 3 Bedrooms, Bath Main, Bath(s) Other, Dining Room, Family Room, Foyer, Kitchen, Laundry Room, Living Room, Office
Living Room Level First
Master Bath Features Stall Shower And Tub
Other Room 1 Level First
Other Room 2 Level First
Roombed1dimensions 12x11
Roombed1features 1st Floor, Fireplace, Full Bath, Walk-In Closet
Roombed1level First
Roombed2dimensions 13x12
Roombed2level First
Roombed3dimensions 13x13
Roombed3level First
Roomdiningdimensions 18x14
Roomdiningfeatures Formal Dining Room
Roomfamilydimensions 21x24
Roomlivingdimensions 20x17
Roomother1description Office
Roomother1dimensions 17x10
Roomother2description Laundry Room
Roomother2dimensions 10x6
Total Fireplaces 3

Exterior Features

Exterior Description Stone
Lot Dimensions 130.57 acres
Lot Features Open Lot, Possible Subdivision
Water Source Well

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,396

Per Month

Based on the average sale price from the Upper Montclair, NJ office

  • Monthly Principal & interest $2,268
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 5.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Beartavern Elementary School
Middle School Timberlane Middle School
High School Central High School

Price History

3/29/2022 Listed $4,349,000

Property vs Zip Code Average in 08560

Price
AVG $1.19M
$4.35M
Taxes
AVG $21,778
$33,459
Visits
AVG 57
133
Year Built
AVG 1968
1970

Map

Areas That We Cover

1270 Bear Tavern Rd Hopewell Twp., NJ is a Single Family Home for sale at $4349000 and a lot size of 130.57 Acres Acre(s). 1270 Bear Tavern Rd Hopewell Twp. has 4 bedrooms, 3 baths and was built in 1970. The property's zip code is 08560 which is in Hopewell Twp., NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 5.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.