Sold
Last Sold Price
326,700 Lot Size7.5 Acres
1569 Reed Rd, Pennington, NJ 08534
LandProperty Type
7.5 acresLot Size

Description

7.5 acres of flat land backing up to rail line. Septic and well onsite with public water available at the curb. Zone special industrial and farmland preserved, this lot offers many options. Existing structure on lot is older home with garage to refurb or tear down. Super convenient to 295/1, Philadelphia and NYC!7.5 acres of flat land backing up to rail line. Septic and well onsite with public water available at the curb. Zone special industrial and farmland preserved, this lot offers many options. Existing structure on lot is older home with garage to refurb or tear down. Super convenient to 295/1, Philadelphia and NYC!
  • Listed by: Dave Marcolla 609.423.9147 dave@marcollarealty.com • Keller Williams Real Estate - Newtown
Listing closed: 02/23/2021 12:00 AM • Source: BRIGHT, MLS#: NJME285672

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Recent comparable sales

Median sold price

$750,000

Avg days on market

74

Sale-to-list ratio

86.4%

Pennington, NJ

9 comparable properties found

$1,000,000 | 0 Washington Crossing Pennington Road, Pennington, NJ 08534
1/7
1

$1,000,000

Sold 03/03/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
18.86
Acres
a view of roof
1/2
2

$1,100,000

Sold 07/04/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
33.91
Acres
a view of a forest with a house
1/8
3

$750,000

Sold 12/31/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
7.71
Acres
$230,000 | 239 Penn Lawrenceville Road, Pennington, NJ 08534
1/8
4

$230,000

Sold 12/13/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.09
Acres
an aerial view of a house with a mountain
1/2
5

$495,000

Sold 08/18/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5.61
Acres
a view of road with large trees
1/2
6

$130,000

Sold 04/24/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.20
Acres
a view of a yard with lots of trees
1/4
7

$308,000

Sold 11/18/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1
Acres
8

$921,427

Sold 06/06/25

Unavailable
Bedrooms
Unavailable
Bathrooms
31,000
Square Feet
Unavailable
Acres
9

$754,990

Sold 03/18/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
3,485
Acres

Location

Listing Courtesy of Keller Williams Real Estate - Newtown

Sold By BHHS Fox & Roach - Princeton

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Property Information for 1569 Reed Road

Property Details
  • Taxes: $185 / year
  • MLS Type: Land / Fee Simple
  • Tax ID Number: 06-00091-00018-QFARM
  • Ownership: Fee Simple
  • Condo Coop Association: No
  • HOA: No
  • Waterfront: No
  • Views: Street, Trees/Woods
  • Garage: No
  • Municipality: HOPEWELL TWP
  • Central Air: No
  • New Construction: No
  • Construction Completed: No
Building Information
  • Lot Size: 7.50 AC
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
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2020
  • Tax Assessed Value: $6,200
  • Year Assessed: 2020
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: SI
  • Tax Lot: 00018
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Lease Information
Lease Information
  • Concessions: No
Building Info
Building Info
Lot / Land Information
Farm Information
  • Farm Land Preservation Y/N: Yes
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Features: Backs to Trees, Cleared, Level, Open, Road Frontage, Subdivision Possible
  • Current Use: Land/Lot Only, Residential, Storage Yard
  • Location Type: Suburban
  • Parcel ID: 2125002
  • Additional Parcels: No
Utilities
Utilities
  • Water Source: Private, Public
  • Sewer Septic: On Site Septic
Confidential Data
Listing Office
  • List Agent AOR: Bucks County Association of REALTORS

Property History for 1569 Reed Road

DateEvent & SourcePriceAppreciation
Feb 23, 2021

Closed

BRIGHT #NJME285672

$999,999—
Feb 23, 2021

Closed

BRIGHT #NJME285672

$999,900—
Feb 1, 2021

Closed (Public Record)

Public Record #1455244150

$999,999—
DateEvent & SourcePrice
02/23/2021

Closed

BRIGHT #NJME285672

$999,999
02/23/2021

Closed

BRIGHT #NJME285672

$999,900
02/01/2021

Closed (Public Record)

Public Record #1455244150

$999,999

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

Public Records for 1569 Reed Road

Taxable ValueLand$910,300Additions$3,412,500Total$4,322,800
Tax Record2025$140,275 ($11,690 / month)
Home Facts
Total Finished SqFt1,248 SqFtAbove Grade Finished SqFt1,248 SqFtStories1Lot Size326,700 SqFtStyleWarehouseYear Built1940Year Renovated1940ZoningSICountyMERCERAPN06-00091-0000-00018

Schools near 1569 Reed Road

This home is within Hopewell Valley Regional School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Hopewell Elementary School
PublicPK to 5

Timberlane Middle School
Public6 to 8

Central High School
Public9 to 12

Bear Tavern 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.

Neighborhood Map and Transit

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1569 Reed Road, Pennington, NJ 08534
$999,999
–
–
–
326,700
$342,500
3
1,497
64,469
–
–
–
–
118,919
$1,900,000
–
–
–
–
$545,000
3
2,798
162,479
–
–
–
1,636
–

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Real Estate - Newtown

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.