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$650,000
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Property Description
Great Investment Property Potential!!! This was originally a single family home that was converted to mixed use. It currently has an office downstairs with two 1/2 baths and kitchenette and a single two story apartment on the second and third floors consisting of 2-3 bedrooms, full bath and kitchen, living room and dining room. It is an as-is sale with loads of potential. This could be returned to a single family home, renovated as it is with an office and apartment. It is probably an easy conversion to two apartments with a smaller office. The property next door is similar and consists of four units. There is a possibility that this could be converted into a four unit apartment as there are multi-family units on either side along Peapack Road. The drive along Peapack Road is fully owned and the rear drive along Dumont Road is a shared easement.
Full Property Details
Full Property Details for 12 Peapack Rd
General
- Price: $650,000
- Taxes: $9,064 (2024)
- Status: Under Contract
- Type: Single Family
- Source: Garden_State
- MLS ID: 3962691
- Updated: 2/20/2026
- Added to Site: 283 day(s) ago
Interior
- Number of Rooms: 10
- Street Level: SeeRem
- Interior Features: Blinds, Carbon Monoxide Detector, Fire Alarm System, Fire Extinguisher, Security System, Smoke Detector, Stall Shower
- Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave, Electric Range and Oven, Refrigerator, Washer
- Flooring: Carpeting, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 1
- Half Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
- Bedroom 1: Second
- Bedroom 2: Third
- Bedroom 3: Third
Other Rooms
- Living Room: Second
- Kitchen: Not Eat-In Kitchen, Second
- Dining Room: Formal Dining Room, Second
- Other Room 1: See Remarks
Exterior
- Color: Beige
Parking
- Uncovered Spaces: 4
Location
- County: Somerset
- Driving Directions: 202 to Peapack Rd house on corner of Dumont
School Information
- Elementary School: BEDWELL
- Middle School: BEDWELL
- High School: BERNARDSVILLE
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: 1 Unit, Window A/C(s)
- Heating Type: 2 Units, Baseboard - Hotwater
- Heating Fuel: Natural Gas
- Water Heater: From Furnace
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: See Remarks
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Year Built: 9999
- Remodeled/Updated: 1989
Lot Features
- Lot Size (Acres): 0.18
- Lot Size: .18
- Driveway/Sidewalk: Driveway-Shared
- Lot Description: Corner
Financial Considerations
- Assessment Amount: $778,500
- Land Assmt: $310,800
- Tax Amount: $9,064
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Disclosures: Yes
- APN: 2707-00013-0000-00001-0000-
- Block: 13
- Lot Number: 1
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 12 Peapack Rd
School District:Somerset Hills Regional School District
| Name | Grades | Distance |
|---|---|---|
Bedwell Elementary School 141 Seney Drive, Bernardsville, NJ 07924 | PK-4 | 4.9 mi |
Bernardsville Middle School 141 Seney Drive, Bernardsville, NJ 07924 | 5-8 | 4.9 mi |
Bernards High School 25 Olcott Avenue, Bernardsville, NJ 07924 | 9-12 | 4.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12 Peapack Rd
Date
Details
Price
Change
Source
5/18/2025
Listed
$650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 12 Peapack Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,064
6%
$778,500
18%
2022
$8,513
—
$661,500
3%
2022
$8,513
2%
$641,500
3%
2021
$8,355
—
$621,200
—
2021
$8,355
2%
$622,400
2%
2018
$8,198
4%
$610,000
1%
2017
$7,891
2%
$603,300
1%
2016
$7,736
2%
$595,100
2%
2015
$7,578
-9%
$583,400
-5%
2019
$8,348
17%
$615,200
8%
2013
$7,127
—
$570,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 12 Peapack Rd
12 Peapack Rd, Far Hills, NJ 07931 (MLS# 3962691) is a Single Family property with 3 bedrooms, 1 full bathroom and 2 partial bathrooms. 12 Peapack Rd is currently listed for $650,000 and was received on May 13, 2025. Want to learn more about 12 Peapack Rd? Do you have questions about finding other Single Family real estate for sale in Far Hills? You can browse all Far Hills real estate or contact a Coldwell Banker agent to request more information.

