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For Sale Lot / Land MLS# NJME2082816

150 WEST FRANKLIN AV W FRANKLIN AVE

PENNINGTON, NJ 08534

$1,000,000

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About 150 WEST FRANKLIN AV W FRANKLIN AVE

Development opportunity! 2.1 acres zoned for Townhouse development at corner of Route 31/ West Franklin Ave in Pennington Boro. Concept plan is for 12 units, could be up to 16 units with creative design. Public Water and Sewer. See zoning regs on documents for specific requirements. There is a a 20% affordable housing set aside of the units for sale, 15% set aside if units are rental. Existing homes at 144 and 148 West Franklin Ave are excluded and will be subdivided. Buyer responsible for obtaining all permits. Property is located close to Timberland Middle School and Hopewell Valley Regional High School.

Property details

Property

Type
Land
MLS type
Land/Property
Status
Active
Lot
2.1
Original price
$1,000,000
MLS #
NJME2082816

Exterior & lot

Lot
Creek/Stream, R100/AH1, 08-00201-00009; 00002, Residential
View
Creek/Stream

Schools

District
Hopewell Valley Regional School District
Elementary
TOLL GATE GRAMMAR SCHOOL
Middle
TIMBERLANE M.S.
High
HOVAL REG

Utilities

Utilities
Public Sewer, Public
Water
Public
Sewer
Public Sewer

Financial

Financial
BRIGHT_MAIN, Sale does NOT include existing 2 houses and related structures
Annual tax
$11,042
Tax year
2025
Parcel
08-00201-00009; 00002

Location

Area
Pennington Boro (21108)
County
MERCER-NJ
Community
MERCER-NJ, BRIGHT_MAIN, HOPEWELL VALLEY REGIONAL SCHOOLS
Directions
From 295 take Route 31 North to West Franklin Ave to property on left

Location

School district
Hopewell Valley Regional School District

Ask about this property

Questions on 150 WEST FRANKLIN AV W FRANKLIN AVE, PENNINGTON, NJ 08534, or want to see it in person?

Listed by Gough W Thompson III, BHHS Fox & Roach Hopewell Valley

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.