NOT LISTED FOR SALE

51 Poor Farm Rd Pennington, NJ 08534

Estimated Value: $1,460,495

4 Beds
2.5 Baths
2,591 Sq Ft
$564/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $975,000 $376 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $8,009/month

473 Days on Market

Highlights

  • 30.68 Acre Lot
  • Cathedral Ceiling
  • Farmhouse Style Home
  • Hopewell Valley Central High School Rated A
  • Wood Flooring
  • 1 Fireplace

About This Home

As of June 2016

Rare opportunity to live in the coveted estate section of Hopewell on 30 private acres with low farm-assessed taxes. Beautifully kept 1992 custom home with wrap-around porch with views of the surrounding countryside and stunning floor-to-ceiling fieldstone fireplace in the two-story Great Room. First floor master bedroom with en-suite bath, first floor office (or additional bedroom) with french doors opening to bluestone patio. Neutral decor throughout, gleaming oak hardwood floors, manicured grounds. Peaceful, private location yet minutes to top-rated public and private schools, shopping, commuter routes, mass transit. Farmland assessed for tax purposes; acreage presently leased for hay production with could continue if purchaser so desires - or create your own vineyard, organic farm, heritage livestock farm, or equestrian facility.

Last Agent to Sell the Property

Janet Weber

Coldwell Banker Residential Brokerage-Hillsborough License #0675699 Listed on: 11/14/2014

Coldwell Banker Residential Brokerage-Hillsborough

Last Buyer's Agent

Teresa Cunningham

BHHS Fox & Roach - Princeton License #1007284

BHHS Fox & Roach - Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,718

Year Built

  • Built in 1992

Lot Details

  • 30.68 Acre Lot
  • Level Lot
  • Open Lot
  • Subdivision Possible
  • Property is in good condition
  • Property is zoned MRC

Parking

  • 2 Car Detached Garage
  • 3 Open Parking Spaces
  • Oversized Parking
  • Garage Door Opener

Home Design

  • Farmhouse Style Home
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Central Vacuum
  • Cathedral Ceiling
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Security System
  • Laundry on main level

Kitchen

  • Butlers Pantry
  • Built-In Double Oven
  • Cooktop
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Patio
  • Shed
  • Porch

Schools

  • Bear Tavern Elementary School
  • Timberlane Middle School
  • Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Well
  • Oil Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00007 01-QFARM
  • Assessor Parcel Number 06-00051-00007 01-QFARM

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,718

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1992
  • Remarks Public: Rare opportunity to live in the coveted estate section of Hopewell on 30 private acres with low farm-assessed taxes. Beautifully kept 1992 custom home with wrap-around porch with views of the surrounding countryside and stunning floor-to-ceiling fieldstone fireplace in the two-story Great Room. First floor master bedroom with en-suite bath, first floor office (or additional bedroom) with french doors opening to bluestone patio. Neutral decor throughout, gleaming oak hardwood floors, manicured grounds. Peaceful, private location yet minutes to top-rated public and private schools, shopping, commuter routes, mass transit. Farmland assessed for tax purposes; acreage presently leased for hay production with could continue if purchaser so desires - or create your own vineyard, organic farm, heritage livestock farm, or equestrian facility.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Oven - Wall, Oven - Double, Dishwasher
  • Flooring Type: Wood, Fully Carpeted
  • Interior Amenities: Primary Bath(s), Butlers Pantry, Central Vacuum, Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Levels Count: 2
  • Room Count: 9
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance
  • Laundry Type: Main Floor
  • Street Number Modifier: 51

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Garage Features: Garage Door Opener, Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Oil, Forced Air
  • Heating: Yes
  • Hot Water: Oil
  • Security: Security System
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: HOPEWELL VALLEY REGIONAL SCHOOLS
  • Elementary School: BEAR TAVERN
  • Middle School: TIMBERLANE
  • High School: CENTRAL
  • School District Key: 300200397266
  • Elementary School: BEAR TAVERN
  • High School: CENTRAL
  • Middle Or Junior School: TIMBERLANE

Lot Info

  • Improvement Assessed Value: 336300.00
  • Land Assessed Value: 288400.00
  • Lot Features: Level, Open, Subdivision Possible
  • Lot Size Acres: 30.68
  • Lot Dimensions: IRREGULAR
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1336421.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Good
  • Zoning: MRC

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2121559
  • Tax Annual Amount: 15718.00
  • Assessor Parcel Number: 06-00051-00007 01-QFARM
  • Tax Lot: 00007 01-QFARM
  • Tax Year: 2015
  • Close Date: 06/30/2016

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2016 06/30/16 Sold $975,000 -2.0% $376 / Sq Ft
03/01/2016 03/01/16 Pending -- -- --
11/14/2014 11/14/14 For Sale $995,000 -- $384 / Sq Ft
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 $805 $25,500 $25,500 --
2024 $779 $25,500 $25,500 $0
2023 $779 $25,500 $25,500 $0
2022 $763 $25,500 $25,500 $0
2021 $780 $25,500 $25,500 $0
2020 $761 $25,500 $25,500 $0
2019 $743 $25,500 $25,500 $0
2018 $729 $25,500 $25,500 $0
2017 $709 $25,500 $25,500 $0
2016 $670 $25,500 $25,500 $0
2015 $698 $26,300 $26,300 $0
2014 $666 $25,600 $25,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003152566

Bright MLS