1270 Bear Tavern Road

Titusville, NJ 08560

$3,450,000
Price
3
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This 130+ acre property has the DEVELOPMENT RIGHTS INTACT and is located in Hopewell Township's VRC zone. 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...This 130+ acre property has the DEVELOPMENT RIGHTS INTACT and is located in Hopewell Township's VRC zone. 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 for preservation (documents available upon request) since many of the surrounding properties are preserved and protected by conservation easements. The structures are on the 95.4 acre parcel and consist of the one level main house, a farmhouse and several outbuildings. 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 comprises three bedrooms and two full bathrooms and there are many outbuildings including a three bay garage and six stall barn. Other possibilities for the property that a potential buyer can explore are: Selling the development rights of the 35.17 acre parcel, retaining a building envelope and selling it since it is deeded separately. The 95.4 acre parcel could potentially undergo a minor subdivision to offer each house on separate lots with a driveway easement and the remaining land could be retained for further development. Sell off the two homes and explore developing the remaining land. 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 construct a house of worship. Explore using the land for a solar farm. Establish a family compound for multi generational living. 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. NOTE: Square footage is from tax record and is assumed to be the square footage of main house and farmhouse. Year built of 1800 in tax record is assumed to be the farmhouse. Tax values are for a combination of the two parcels. The examples of possible uses for the property mentioned above should be independently verified by the buyer with the township. Buyer will be responsible for the rollback taxes if the farm qualification is not maintained.
  1. Listed by Jennifer Tome-Berry • BHHS Fox & Roach - Princeton
    P: 6093525232 jennifer.tome@foxroach.com

Property Details for 1270 Bear Tavern Road

Tax ID Number
06-00062-00003
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Structure Type
Detached
Style
Ranch/Rambler, Farmhouse/National Folk, Colonial
Levels/Stories
1
Waterfront
No

Location

Listing Courtesy of BHHS Fox & Roach - Princeton
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LISTING UPDATED: 04/17/2024 01:40 PM

Property Details for 1270 Bear Tavern Road

StatusPending
MLS #NJME2006952
Days on Market643
Taxes$34,288 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Fee Simple
Year Built1970
Lot Size130.57 AC / 5,687,629 SF
CountyMercer County

Location

Listing Courtesy of BHHS Fox & Roach - Princeton
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Virtual Tour

Building Information for 1270 Bear Tavern Road

Stories1Year Built1970Building Size-Lot Size130.57 AC / 5,687,629 SF

Payment Calculator

$21,685 per month

30 year fixed, 7.25% Interest

Principal and Interest

$18,828

Property Taxes

$2,857

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1270 Bear Tavern Road

Location
Location
  • Transportation: Airport less than 10 miles
  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS
  • School District County ID: 300200397266
  • SchoolDistrictSource: Listing Agent
  • Elementary School: BEAR TAVERN (MERCER NJ)
  • ElementarySchoolSource: Listing Agent
  • Middle Or Junior School: TIMBERLANE (MERCER NJ)
  • MiddleSchoolSource: Listing Agent
  • High School: CENTRAL (MERCER NJ)
  • HighSchoolSource: 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
  • Senior Community: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $1,120,900
  • Year Assessed: 2022
  • County Tax: $0
  • Improvement Assessed Value: $747,100
  • City Town Tax: $0
  • Land Assessed Value: $373,800
  • Clean Green Assessed: No
  • Municipal Trash: No
  • Land Use Code: 0
  • Zoning: VRC
  • Tax Lot: 00003
  • School Tax: $0
  • Automatically Update Tax Values Y/N: No
Rooms
Main
  • # Bedrooms Count Main Level: 3
  • # Bathrooms Count Main Level: 3
  • # Bathrooms Full Main Level: 3
Rooms
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Laundry, Office, Bathroom 1, Bathroom 2, Primary Bathroom
  • Stories: Main
Rooms Information
Room 1
  • Room Type: Family Room
  • Room Length: 21.0
  • Room Width: 24.0
  • Room Level: Main
  • Room Exists: Yes
  • Room Features: Cathedral/Vaulted Ceiling, Flooring - Carpet, Fireplace - Wood Burning
Room 2
  • Room Type: Office
  • Room Length: 17.0
  • Room Width: 10.0
  • Room Level: Main
  • Room Exists: Yes
  • Room Features: Flooring - Carpet
Room 3
  • Room Type: Laundry
  • Room Length: 10.0
  • Room Width: 6.0
  • Room Level: Main
  • Room Exists: Yes
Room 4
  • Room Type: Bathroom 1
  • Room Length: 7.0
  • Room Width: 6.0
  • Room Level: Main
  • Room Exists: Yes
Room 5
  • Room Type: Kitchen
  • Room Length: 21.0
  • Room Width: 21.0
  • Room Level: Main
  • Room Exists: Yes
  • Room Features: Countertop(s) - Solid Surface, Wood Stove, Skylight(s), Ceiling Fan(s), Cathedral/Vaulted Ceiling, Island, Kitchen - Eat-in
Room 6
  • Room Type: Dining Room
  • Room Length: 18.0
  • Room Width: 14.0
  • Room Level: Main
  • Room Exists: Yes
  • Room Features: Formal Dining Room, Flooring - HardWood
Room 7
  • Room Type: Living Room
  • Room Length: 20.0
  • Room Width: 17.0
  • Room Level: Main
  • Room Exists: Yes
  • Room Features: Built-Ins, Flooring - HardWood
Room 8
  • Room Type: Primary Bathroom
  • Room Length: 12.0
  • Room Width: 11.0
  • Room Level: Main
  • Room Exists: Yes
Room 9
  • Room Type: Bathroom 2
  • Room Length: 9.0
  • Room Width: 8.0
  • Room Level: Main
  • Room Exists: Yes
  • Room Features: Tub Shower, Double Sink
Room 10
  • Room Type: Bedroom 2
  • Room Length: 13.0
  • Room Width: 12.0
  • Room Level: Main
  • Room Exists: Yes
  • Room Features: Flooring - HardWood, Cathedral/Vaulted Ceiling
Room 11
  • Room Type: Bedroom 3
  • Room Length: 13.0
  • Room Width: 13.0
  • Room Level: Main
  • Room Exists: Yes
  • Room Features: Cathedral/Vaulted Ceiling, Flooring - HardWood
Room 12
  • Room Type: Primary Bedroom
  • Room Length: 25.0
  • Room Width: 16.0
  • Room Level: Main
  • Room Exists: Yes
  • Room Features: Cathedral/Vaulted Ceiling, Ceiling Fan(s), Cedar Lined Closet, Fireplace - Wood Burning, Flooring - HardWood, Walk-In Closet(s)
Building Info
Building Info
  • Total Finished SQFT: .00
  • Total Finished SQFT Source: Estimated
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Lot Features: Cleared, Front Yard, Open, Rear Yard, Rural, SideYard(s), Road Frontage, Stream/Creek, Subdivision Possible, Unrestricted, Vegetation Planting
  • Fencing: Split Rail
  • Location Type: Rural
  • Parcel ID: 2122028
  • Additional Parcels: Yes
  • Addl Parcels Descrp: In addition to Block 62 Lot 3: 2006-00062-0000-00003-0000Q0096, 2006-00062-0000-00002-0002-Q0096
Parking
Parking
  • Type Of Parking: Attached Garage, Driveway
  • Num of Attached Garage Spaces: 3
  • Driveway - # of Spaces: 8
  • Total Garage Spaces: 3
  • Parking Features: Asphalt Driveway, Paved Driveway
  • Garage Features: Garage - Side Entry, Garage Door Opener, Oversized, Inside Access
Interior Features
Interior Features
  • Interior Features: Built-Ins, Carpet, Cedar Closet(s), Ceiling Fan(s), Central Vacuum, Crown Moldings, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Island, Pantry, Primary Bath(s), Skylight(s), Stall Shower, Tub Shower, Walk-in Closet(s), Wood Floors, Stove - Wood, Entry Level Bedroom
  • Fireplace: Yes
  • Fireplaces Count: 3
  • Fireplace Features: Wood, Brick, Stone
  • Appliances: Built-In Microwave, Central Vacuum, Cooktop, Dishwasher, Dryer, Oven - Wall, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Accessibility Features: None
  • Laundry Type: Main Floor
  • Virtual Tour URL Unbranded: https://player.vimeo.com/video/642771610
Exterior Features
Exterior Features
  • Exterior Features: Outbuilding(s)
  • Outdoor Living Structures: Patio(s)
  • Pool: Yes - Personal
  • Personal Pool Features: Concrete, In Ground
  • Horse: Yes
  • Horse Amenities: Horses Allowed
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Well
  • Sewer Septic: On Site Septic
Confidential Data
Listing Office
  • List Agent AOR: Mid Jersey Association of REALTORS
  • List Agent URL: www.TomeHomeNetwork.net

Property History for 1270 Bear Tavern Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1270 Bear Tavern Road

Taxable ValueLand$324,000Additions$747,100Total$1,071,100
Tax Record2022$32,058 ($2,672 / month)
Home Facts
Beds0Total Finished SqFt5,933 SqFtAbove Grade Finished SqFt5,933 SqFtStories1Lot Size217,800 SqFtStyleMiscellaneous ResidentialYear Built1800ZoningVRCCountyMERCERAPN06 00062-0000-00003

Schools near 1270 Bear Tavern 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
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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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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. 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, Greator Scranton Board 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, Greator Scranton Board 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.