1292 Bear Tavern Rd

Pennington, NJ 08534

$550,000
Price
1,175,684 / 26.99
Lot Size / Acres
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a view of an ocean and beach
a view of a lake with houses in the back

Description

Fabulous opportunity to own a prime 27 acre preserved farmland parcel in Hopewell Township with property taxes currently under $500/year. Property is actively farmed by a local tenant farmer growing crops, thus maintaining the Farmland status. Includes a 1.299-acre exception area for construction of a single-family residence up to 4,000 SF per deed of easement, enclosed within an 8 foot dear fence as part of an 8-acre private homesite located toward the rear of the property, away from the road. Includes...Fabulous opportunity to own a prime 27 acre preserved farmland parcel in Hopewell Township with property taxes currently under $500/year. Property is actively farmed by a local tenant farmer growing crops, thus maintaining the Farmland status. Includes a 1.299-acre exception area for construction of a single-family residence up to 4,000 SF per deed of easement, enclosed within an 8 foot dear fence as part of an 8-acre private homesite located toward the rear of the property, away from the road. Includes an existing well previously installed for future residence. Buyer responsible for septic engineering/installation, underground electric, as well as the installation of required farm lane/driveway in accordance with deed of easement. (Estimates available for driveway and underground electric). Area values continue to demonstrate strong demand for preserved farmland, including a neighboring 130-acre farm recently preserved through the State of New Jersey farmland preservation program for $3,210,868, with a separate 28-acre residential parcel later selling at auction for approximately $1.5M. Exceptional opportunity to own a farm and/or create a private country estate with the benefit of preserved farmland, privacy, and extremely low taxes. Property shown by appointment only - do not walk land without prior permission. Rollback taxes, if any, are the responsibility of the buyer.
  1. Listed by Helen H Sherman • BHHS Fox & Roach - Princeton
    P: (609)-915-1216 helen.sherman@foxroach.com

Property Details for 1292 Bear Tavern Road

Tax ID Number
06-00062-00002 011-QFARM
Ownership
Fee Simple
HOA
No
Waterfront
No
Views
Pasture, Panoramic
Garage
No
Municipality
HOPEWELL TWP
Central Air
No
LISTING UPDATED: 06/01/2026 08:12 AM

Property Details for 1292 Bear Tavern Road

StatusActive
MLS #NJME2077740
Days on Market13
Taxes$481 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand / Fee Simple
Year Built-
Lot Size26.99 AC
CountyMercer County
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Location

Listing Courtesy of BHHS Fox & Roach - Princeton
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Building Information for 1292 Bear Tavern Road

Lot Size26.99 AC

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$2,781 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,741

Property Taxes

$40

HOA Dues

$0

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Property Information for 1292 Bear Tavern Road

Location
Location
  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS
  • School District County ID: 300200397266
  • SchoolDistrictSource: Listing Agent
  • County: MERCER
  • MLS Area: Hopewell Twp (21106)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $14,800
  • Year Assessed: 2025
  • County Tax: $0
  • Improvement Assessed Value: $0
  • City Town Tax: $0
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: VRC
  • Tax Lot: 00002 011
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Building Info
Lot / Land Information
Farm Information
  • Farm Land Preservation Y/N: Yes
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Current Use: Agriculture
  • Road Surface Type: Black Top
  • Road Responsibility: City/County
  • Fencing: Partially
  • Parcel ID: 2122026
  • Additional Parcels: No
  • Ground Rent Exists: No
Exterior Features
Exterior Features
  • Horse: Yes
Utilities
Utilities
  • Utilities: Electric Available, Cable TV Available
  • Water Source: Well
  • Sewer Septic: No Septic System
Confidential Data
Listing Office
  • List Agent AOR: Pennsylvania Association of REALTORS
  • List Agent URL: www.princetonnjproperties.com

Property History for 1292 Bear Tavern Road

DateEvent & SourcePriceAppreciation
May 25, 2026

Listed (Active)

BRIGHT #NJME2077740

$550,000—
DateEvent & SourcePrice
05/25/2026

Listed (Active)

BRIGHT #NJME2077740

$550,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 1292 Bear Tavern Road

This home is within Hopewell Valley Regional School District.
Rating
School
Type
Grades
Distance
Bear Tavern Elementary School
Public - PK to 5
Timberlane Middle School
Public - 6 to 8
Central High School
Public - 9 to 12
Toll Gate/Grammar Elementary School
Public - PK to 5
Rating
School
Distance
Bear Tavern Elementary School
PublicPK to 5

Timberlane Middle School
Public6 to 8

Central High School
Public9 to 12

Toll Gate/Grammar Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1292 Bear Tavern Road, Pennington, NJ 08534

1292 Bear Tavern Road is a 26.99 ac of land for sale in Pennington, NJ 08534. This property was listed for sale on May 25, 2026 by BHHS Fox & Roach - Princeton, it's currently listed at $550,000. This listing's school district is Hopewell Valley Regional School District. Nearby schools include Bear Tavern Elementary School, Timberlane Middle School and Central High School. 1292 Bear Tavern Road is a 0-bed, 0-bath, 26.99 ac of land on a 1,175,684 sq. ft. / 26.99 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHHS Fox & Roach - Princeton

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.