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

Pennington
Local realty services provided by:Mountain Realty ERA Powered
150 West Franklin Av W Franklin Ave,Pennington, NJ 08534
$1,000,000
  • 2.1 Acres
  • Lots / Land
  • Active
Listed by: gough w thompson iii
Office: bhhs fox & roach hopewell valley
MLS#:NJME2082816
Source:BRIGHTMLS

Price summary

  • Price:$1,000,000

About this home

Development opportunity! 2.1 acres zoned for Townhouse development at corner of Route 31/ West Franklin Ave in Pennington Boro. Concept plan is for 11 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. Owner is in process of subdividing the two residential homes which are not included.

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Home facts

  • Listing ID #:NJME2082816
  • Added:51 day(s) ago
  • Updated:October 18, 2026 at 01:53 PM

Structure and exterior

  • Lot area:2.1 Acres
  • Lot Features:Corner Lot/Unit

Schools

  • High school:HOVAL REG
  • Middle school:TIMBERLANE M.S.
  • Elementary school:TOLL GATE GRAMMAR SCHOOL

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,000,000
  • Tax amount:$11,042 (2025)

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