Date
Details
Price
Change
Source
8/27/2026
Listed
$1,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
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.
Full Property Details
Full Property Details for 150 West Franklin Av W Franklin Ave
General
- Price: $1,000,000
- Taxes: $11,042 (2025)
- Status: Active
- Type: Lots/Land
- Source: BrightMLSTriStates
- MLS ID: NJME2082816
- Updated: 8/27/2026
- Added to Site: 2 day(s) ago
Location
- Area: Pennington Boro (21108)
- Municipality: PENNINGTON BORO
- County: MERCER
- Cross Streets: Route 31
- Driving Directions: From 295 take Route 31 North to West Franklin Ave to property on left
- Location Details: Corner Lot/Unit
School Information
- School District: Hopewell Valley Regional Schools
- Elementary School: Toll Gate Grammar School
- Middle School: Timberlane M.S.
- High School: Hoval Reg
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Property View: Creek/Stream
- Lot Size (Acres): 2.1
- Lot Size (Sq. Ft.): 91,476
- Lot Size Source: Estimated
- Lot Dimensions: 0.00 x 0.00
- Building Sites: 12
- Topography: Gently sloped
- Zoning: R100/AH1
Water Features
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $10.93
- Assessment Year: 2025
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $328,859
- Tax Amount: $11,042
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Permits: No to Obtain
- Exclusions: Sale does NOT include existing 2 houses and related structures
- Inclusions: “As isâ€
- Lot Number: 00009 AND 00002
Listed by BHHS Fox & Roach Hopewell Valley, Gough W Thompson III
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 150 West Franklin Av W Franklin Ave —
Gough W Thompson III
BHHS Fox & Roach Hopewell Valley
Listing Office Email: lisa.leray@foxroach.com
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 150 West Franklin Av W Franklin Ave
School District:Hopewell Valley Regional School District
| Name | Grades | Distance |
|---|---|---|
Toll Gate/Grammar Elementary School 275 South Main Street, Pennington, NJ 08534 | K-5 | 0.9 mi |
Bear Tavern Elementary School 1162 Bear Tavern Road, Hopewell Township, NJ 08560 | K-5 | 3.2 mi |
Hopewell Elementary School 35 Princeton Avenue, Hopewell, NJ 08525 | PK-5 | 4.4 mi |
Timberlane Middle School 51 South Timberlane Drive, Pennington, NJ 08534 | 6-8 | 0.6 mi |
Central High School, Pennington, NJ 259 Pennington - Titusville Road, Pennington, NJ 08534 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 150 West Franklin Av W Franklin Ave
Estimate the Cost
Estimate the Cost for 150 West Franklin Av W Franklin Ave
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![[Address not provided], Hopewell Township, NJ 08861 - Photo 1](https://m1.cbhomes.com/p/180/2703348R/1F10D2e82F4a46E/s23cc.webp)
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150 West Franklin Av W Franklin Avenue, Pennington, NJ 08534 (MLS# NJME2082816) is a Lots/Land property with a lot size of 2.1 acres. 150 West Franklin Av W Franklin Avenue is currently listed for $1,000,000 and was received on August 27, 2026. Want to learn more about 150 West Franklin Av W Franklin Avenue? Do you have questions about finding other Lots/Land real estate for sale in Pennington? You can browse all Pennington real estate or contact a Coldwell Banker agent to request more information.