87 Model Ave, Hopewell, NJ 08525

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87 Model Ave,Hopewell, NJ 08525
$509,000
  • 7 Beds
  • 3 Baths
  • 2,556 sq. ft.
  • Single family
  • Active
Listed by: susan thompson
Office: corcoran sawyer smith - pennington
MLS#:NJME2074220
Source:BRIGHTMLS

Price summary

  • Price:$509,000
  • Price per sq. ft.:$199.14

About this home

Calling all investors. This 3-unit home in downtown Hopewell Boro is waiting for its new owner. Home is being sold "as is". Two of the units are currently rented. Can condo the building. All units have lead certification, good for 3 years. Property address is 85-87 Model Avenue There are two vacant units, 3-bedroom end unit (left) and the 2-bedroom middle unit. The 2-bedroom end unit (on right) is rented for $1,350. Tenants pay own utilities. Landlord has been paying for heat.

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Home facts

  • Year built:1900
  • Listing ID #:NJME2074220
  • Added:54 day(s) ago
  • Updated:May 15, 2026 at 01:48 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:3
  • Full bathrooms:3
  • Basement:Yes
  • Basement Description:Full, Outside Entrance, Unfinished
  • Living area:2,556 sq. ft.

Heating and cooling

  • Heating:Natural Gas, Radiator

Structure and exterior

  • Year built:1900
  • Building area:2,556 sq. ft.
  • Lot area:0.32 Acres
  • Architectural Style:Traditional
  • Construction Materials:Frame
  • Foundation Description:Stone
  • Levels:2 Stories

Schools

  • High school:CENTRAL H.S.
  • Middle school:TIMBERLANE M.S.
  • Elementary school:HOPEWELL E.S.

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$509,000
  • Price per sq. ft.:$199.14
  • Tax amount:$16,844 (2025)