164 BLACKWELL ROAD

PENNINGTON, NJ08534

Rare opportunity to own approximately 17.4 acres in Hopewell Township, consisting of a 16.4-acre preserved farmland parcel and a 1.0-acre exception area. The property is currently farmland assessed and includes a tenant-occupied farmhouse dating to circa 1883, generating approximately $2,500 per month in rental income. Surrounded by the scenic farmland and natural beauty that define the Hopewell Valley, the property offers a unique opportunity for agricultural use, rental income, and long-term land ownership in one of Central New Jersey's most desirable rural locations. Preservation restrictions apply, and any subdivision, development, or changes in use beyond agricultural purposes would require approval from the Mercer County Agriculture Development Board (CADB) and the New Jersey State Agriculture Development Committee (SADC). The existing farmhouse contains approximately 2,200 square feet and is currently rented. Buyers should conduct their own due diligence regarding the condition of the improvements, wetlands, preservation restrictions, and any future approvals or permitted uses. Conveniently located near Princeton, Pennington, and Lambertville, this property presents a rare opportunity to acquire a preserved farm with income-producing improvements in the heart of Hopewell Township.

Listing courtesy of Callaway Henderson Sotheby's Int'l-Princeton



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