339 Lambertville Hopewell Road
LAMBERTVILLE, NJ 08530
- 3 beds
- 1 bath
- – sqft
- ~94 acre lot
This 94+ acre preserved farm is a chance to create your dream estate in beautiful Hopewell Valley. Approximately 68% of the land is open and can be cultivated with the remainder in woodland and/or wetlands. For the last two years, the current owner has initiated regenerative farming practices to improve the biodiversity of the soil by raising livestock and composting food stock. The fields used for livestock have a 5-wire electrical fence with multiple access gate points and a hoop house for winter shelter with water and electrical service. Prior to this, all the fields were farmed for corn and soy for over 25 years. The land is suitable for many other farm and/or livestock purposes including income producing recreational activities (hunting, fishing, xc skiing etc.) which are acceptable uses under the preservation easement. Original structures on the property include a spring house dating to 1822 and the farmhouse (is in need of complete renovation) which is believed to have been constructed in three sections sometime in the 1700s, 1800s and 1900s. A stone wall from the original barn as well as a silo still exist. The farmhouse and all outbuildings/structures are conveyed strictly "AS IS". Main access to the property is from Lambertville-Hopewell Road (16.6' driveway). There are two other access points by foot including approximately 737’ frontage along New Road, and Lynnbrook Dr. (along an existing 50' wide access easement to lots 5.01 & 5.02). The land is mostly open, with 7 separate fields. Woodsville Brook (FW2-NT Category 2) runs through the farm at about the center of the property. Government funding has been secured for the following: $38K for a well for agricultural purposes and $6K to hire a technical service provider to assist with updating the current Conservation Plan. Farm tax assessment status is secured for 2024 based on farm sales and livestock grazing. Work to be completed prior to close includes the following: 6 bedroom septic for the farmhouse, process landscape waste into wood chips, firewood, staged for milling or removed with the exception of landscape waste on far back lot to be covered by escrow at closing and finish the farm roads from Lynnbrook access and to back lot. Livestock including dogs do not convey with property. Tax Assessment was successfully appealed, new figures will be posted as soon as available. Several farm machines are available for purchase.
Listing courtesy of BRIGHT / David DePaola and Company Real Estate
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Last updated Apr 17, 2024
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MLS# NJME2040216 —
Monthly cost estimate
Asking price
$1,495,000
Expense | Monthly cost |
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Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$8,005
|
Taxes | $108 |
Insurance | $411 |
Utilities | N/A |
Total | $8,524/mo.* |
*This is an estimate |
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Bike Score®
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Sale history
Date | Event | Source | Price | % Change |
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3/10/24
Mar 10, 2024
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Listed / Active | BRIGHT | $1,495,000 |