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Land for Sale in Pennington, New Jersey

150 W Franklin Av W Franklin Ave, Pennington, NJ 08534

$1,000,000
2.1 acres
Active sale
ago
Est $7,703/mo

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.

Location

Street address
150 W Franklin Av W Franklin Ave
Zip code
08534
School district
Hopewell Valley Regional Schools
Elevation
200 feet
Coordinates
40.3311, -74.799

Property details

Acreage
2.1 acres
MLS #
TREND NJME2082816
Posted

Property taxes

Recent
$11,042

Nearby schools

NameTypeDistrict
Toll Gate Grammar SchoolElementaryHopewell Valley Regional Schools
Timberlane M.S.MiddleHopewell Valley Regional Schools
Hoval RegHighHopewell Valley Regional Schools

Listing history

DateEventPriceChangeSource
Aug 27, 2026New listing$1,000,000TREND
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This 2.1-acre property is located at 150 W Franklin Av W Franklin Ave in Pennington, NJ 08534. The land is available for sale, priced at $1,000,000 — $476,190 per acre.

Listed by Berkshire Hathaway HomeServices Fox & Roach Hopewell Valley, (732) 450-2300

Checked 1 hour agoUpdated Source

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