$4,200,000
SOLD OCT 22, 2021

111 E Prospect St Hopewell, NJ 08525

4 Beds
4 Baths
-- Sq Ft
59 Acres

Recently Sold

Highlights

  • Stables
  • In Ground Pool
  • Farmhouse Style Home
  • Hopewell Valley Central High School Rated A
  • 59 Acre Lot
  • No HOA

About This Home

As of October 2021

On the edge of Hopewell Borough lies this historic farm with a rich past dating back to the mid-1700s with deeds passed down continuously through seven families! Today, the 60-acre property includes several fenced pastures suitable for grazing livestock or crops, mature woodlands, a stocked pond, a bucolic stream, plus a Pebbletec pool and spa surrounded by a Himalayan-cut stone patio with walls reclaimed and repurposed from abandoned foundations in Bucks County. The main residence, though timeless, is filled with modern amenities, and was born from an 1850’s English barn, a late 18th-century wagon house, plus a stone house addition with a wine cellar. The main residence includes 4 bedrooms, 4 full bathrooms, and 3 Great Rooms, a gym, and a true wine cellar. Because of the traditional barn framing. conventional walls were not necessary creating an open-concept floorplan that will bring everyone together. The first great room includes the living room, dining room, and bar. The second houses the chef’s kitchen, breakfast area, and family room, while the third has a theatre space and pool table area. Wide plank oak and chestnut flooring throughout the house and bluestone flooring over radiant heat add warmth and character to rooms. There is extensive use of handmade oak doors all hung on locally designed handmade hinges and hardware, handmade lighting plus solid oak and solid mahogany cabinetry throughout. A two-bay garage with a second-floor apartment adds income to off-set taxes. A white oak early 19th-century garage barn has a Tesla charge port and a 2nd-floor workshop. And, for livestock and machinery, there’s a massive white oak timber barn, originally constructed in Readington, NJ and moved in 2006 by the NJ Barn Company, containing two horse stalls, a large run-in area, big machinery storage area, and custom lighting for use as a “party barn.” When relaxing by the pool or on the back patios, the only thing to be seen is rolling farmland with only one ancient barn in the far distance. You’d never know all the happenings in charming Hopewell Borough are right around the bend! Proof of Funds/Pre Approval and Hold Harmless will need to be sent to Listing Agent

Last Agent to Sell the Property

Jennifer Curtis

(609) 610-0809 jcurtis@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #898424 Listed on: 03/18/2021

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Jennifer Curtis

(609) 610-0809 jcurtis@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #898424 Listed on: 03/18/2021

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,493

Year Built

  • Built in 1973

Lot Details

  • 59 Acre Lot
  • Property is zoned VRC

Parking

  • 4 Car Detached Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Farmhouse Style Home
  • Frame Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Paddocks
  • Stables

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Well
  • Propane Water Heater
  • On Site Septic

Additional Features

  • Property has 2 Levels
  • In Ground Pool
  • Unfinished Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00003
  • Assessor Parcel Number 06-00016-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,493

Year Built

Built in 1973

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-03-18
  • Federal Flood Zone: No
  • Year Built: 1973
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: On the edge of Hopewell Borough lies this historic farm with a rich past dating back to the mid-1700s with deeds passed down continuously through seven families! Today, the 60-acre property includes several fenced pastures suitable for grazing livestock or crops, mature woodlands, a stocked pond, a bucolic stream, plus a Pebbletec pool and spa surrounded by a Himalayan-cut stone patio with walls reclaimed and repurposed from abandoned foundations in Bucks County. The main residence, though timeless, is filled with modern amenities, and was born from an 1850’s English barn, a late 18th-century wagon house, plus a stone house addition with a wine cellar. The main residence includes 4 bedrooms, 4 full bathrooms, and 3 Great Rooms, a gym, and a true wine cellar. Because of the traditional barn framing. conventional walls were not necessary creating an open-concept floorplan that will bring everyone together. The first great room includes the living room, dining room, and bar. The second houses the chef’s kitchen, breakfast area, and family room, while the third has a theatre space and pool table area. Wide plank oak and chestnut flooring throughout the house and bluestone flooring over radiant heat add warmth and character to rooms. There is extensive use of handmade oak doors all hung on locally designed handmade hinges and hardware, handmade lighting plus solid oak and solid mahogany cabinetry throughout. A two-bay garage with a second-floor apartment adds income to off-set taxes. A white oak early 19th-century garage barn has a Tesla charge port and a 2nd-floor workshop. And, for livestock and machinery, there’s a massive white oak timber barn, originally constructed in Readington, NJ and moved in 2006 by the NJ Barn Company, containing two horse stalls, a large run-in area, big machinery storage area, and custom lighting for use as a “party barn.” When relaxing by the pool or on the back patios, the only thing to be seen is rolling farmland with only one ancient barn in the far distance. You’d never know all the happenings in charming Hopewell Borough are right around the bend! Proof of Funds/Pre Approval and Hold Harmless will need to be sent to Listing Agent
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 111

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 4

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Pool Features: In Ground
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Number Of Detached Garage Spaces: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: HOPEWELL VALLEY REGIONAL SCHOOLS
  • School District Key: 300200397266
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: Yes
  • Horse Amenities: Paddock, Stable(s)
  • Improvement Assessed Value: 1156100.00
  • Land Assessed Value: 370000.00
  • Lot Size Acres: 59.00
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2570040.00
  • Year Assessed: 2020
  • Zoning: VRC

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 2119276
  • Tax Annual Amount: 45493.00
  • Assessor Parcel Number: 06-00016-00003
  • Tax Lot: 00003
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 10/22/2021

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2021
Sold by
Reynolds Richard David
Bought by
Cashwell Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,940,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 1992
Sold by
Robertson Jeffrey K and Robertson Hope E
Bought by
Robertson Jeffrey K Et Als
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $4,200,000 Old Republic Title Ins Co
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,940,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2025 04/26/25 Price Changed $3,700,000 -1.3% --
03/18/2025 03/18/25 Price Changed $3,750,000 -1.3% --
11/19/2024 11/19/24 Price Changed $3,800,000 -9.5% --
11/08/2024 11/08/24 Price Changed $4,200,000 0.0% --
11/08/2024 11/08/24 For Sale $4,200,000 -6.7% --
09/25/2024 09/25/24 Off Market $4,500,000 -- --
09/03/2024 09/03/24 For Sale $4,500,000 0.0% --
08/06/2024 08/06/24 Off Market $4,500,000 -- --
04/28/2024 04/28/24 For Sale $4,500,000 +7.1% --
10/22/2021 10/22/21 Sold $4,200,000 0.0% --
04/04/2021 04/04/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $4,200,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $126 $4,000 $4,000 --
2024 $122 $4,000 $4,000 $0
2023 $122 $4,000 $4,000 $0
2022 $120 $4,000 $4,000 $0
2021 $122 $4,000 $4,000 $0
2020 $119 $4,000 $4,000 $0
2019 $116 $4,000 $4,000 $0
2018 $114 $4,000 $4,000 $0
2017 $111 $4,000 $4,000 $0
2016 $105 $4,000 $4,000 $0
2015 $109 $4,100 $4,100 $0
2014 $208 $8,000 $8,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJME308968

Bright MLS

APN: 06-00016-0000-00003-0000-Q0018