OFF MARKET

Off Market Oct 2021 for $240K

$534,377

Est. refi paymentEst. refi $1,576/mo

—

•

— ba

•

2,735

sq ft

1009 Cherry Valley Rd, Hopewell, NJ 08525

About this home

Located in beautiful "down town" Mount Rose, this legal 2 family home dates back over 100 years . There are no historic requirements upon it though so buyer can totally rehab or tear down as they wish. Sellers have updated with newer electrical panels, heating system, water heater, gas service and public water. Extensive including structural work is still needed and buyers assume responsibility for all municipal and other required inspections and certifications. Just minutes from Princeton and Hopewell Boro in the Hopewell Valley's award winning school district this home this property could be a great starter home, down sizer or just investment property.

Single-familyProperty Type

1890Year Built

0.44 acresLot Size

$195Est. Price/Sq.Ft.

Listed by Ken Verbeyst • BHHS Fox & Roach - Princeton

•609-924-1600 (broker)

•wendy.merkovitz@foxroach.com (broker)

Bought with Mark Brower • RE/MAX Tri County

•609-587-9300 (broker)

•remaxtricountynj@gmail.com (broker)

Source:BRIGHT MLS #NJME311646

Redfin Estimate

$534,377

$294K since sold in October 2021$6,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 29.6% lower than the average sale price ($759K) of 6 comparable homes.

SOLD AUG 28, 2026
$905,000
A
4 beds2.5 baths2,395 sq ft
113 W Prospect St, Hopewell, NJ 08525
SOLD AUG 7, 2026
$738,289
B
5 beds2 baths2,551 sq ft
70 Taylor Ter, Hopewell, NJ 08525
SOLD JUL 28, 2026
$900,000
C
4 beds2.5 baths2,643 sq ft
14 Burton Ave, Hopewell, NJ 08525
SOLD JUL 24, 2026
$699,000
D
3 beds2 baths2,400 sq ft
212 Penn Hopewell Rd, Hopewell, NJ 08525
SOLD AUG 18, 2026
$350,000
E
4 beds3 baths2,026 sq ft
43-1/2 W Broad St, Hopewell, NJ 08525
SOLD AUG 11, 2026
$960,000
F
4 beds2.5 baths2,401 sq ft
6 Aqua Ter, Pennington, NJ 08534

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Earn from this home

Sell

$327,619

Est. take-home

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Refinance

Est. cash available

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Market trends in 08525, NJ

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

104.0%

+0.0% MoM

Median sale price

$764K

$44K MoM

Avg. days on market

40d

5 days MoM

Recently sold homes

4 MoM

New listings for sale

$6,950,000
6 beds10 baths18,301 sq ft
82 Aunt Molly Rd, Hopewell, NJ 08525
(609) 921-1050
3D WALKTHROUGH
$525,000
3 beds1 bath1,152 sq ft
88 Columbia Ave, Hopewell, NJ 08525
(609) 924-1600
$895,000
3 beds3.5 baths2,730 sq ft
102 Lindbergh Rd, Hopewell, NJ 08525
(609) 921-1050
$695,000
3 beds1 bath1,392 sq ft
9 Maple St, Hopewell, NJ 08525
(609) 921-1050
See all

Provided by Redfin

Sale history for 1009 Cherry Valley Rd

Date

Event

Price

Public Records

Oct 29, 2021

Sold

$240,000

$88/sq ft

BRIGHT MLS #NJME311652

Jun 27, 2021

Listing Removed

—

May 21, 2021

Contingent

—

Apr 29, 2021

Listed

$250,000

$91/sq ft

BRIGHT MLS #NJME311646

Jun 25, 2021

Sold

$240,000

$88/sq ft

May 21, 2021

Contingent

—

Apr 29, 2021

Listed

$250,000

$91/sq ft

Public Records

Feb 6, 1997

Sold

$161,900

$59/sq ft

Public Records

Aug 7, 1987

Sold

$165,000

$60/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$10,712 (+6.0%)

$189,500 + $140,600

$330,100

2024

$10,102 (+3.3%)

$189,500 + $140,600

$330,100

2023

$9,779 (−18.1%)

$179,400 + $140,600

$320,000

2022

$11,936 (+0.7%)

$179,400 + $219,400

$398,800

2021

$11,848 (+2.5%)

$179,400 + $219,400

$398,800

2020

$11,561 (+2.5%)

$167,900 + $219,400

$387,300

2019

$11,278 (+1.9%)

$167,900 + $219,400

$387,300

2018

$11,069 (+2.8%)

$167,900 + $219,400

$387,300

2017

$10,767 (+5.8%)

$167,900 + $219,400

$387,300

2016

$10,178 (+4.2%)

$167,900 + $219,400

$387,300

2014

$9,771 (+0.3%)

$167,900 + $219,400

$387,300

2013

$9,744 (+3.8%)

$167,900 + $219,400

$387,300

2012

$9,392 (+6.9%)

$167,900 + $219,400

$387,300

2011

$8,788 (−12.3%)

$167,900 + $219,400

$387,300

2010

$10,017 (+4.8%)

$167,900 + $219,400

$387,300

2009

$9,558

$244,800 + $219,400

$464,200

Tax history for 1009 Cherry Valley Rd

Year

Property tax

Land + Additions

Assessment*

2025

$10,712 (+6.0%)

$189,500 + $140,600

$330,100

2024

$10,102 (+3.3%)

$189,500 + $140,600

$330,100

2023

$9,779 (−18.1%)

$179,400 + $140,600

$320,000

2022

$11,936 (+0.7%)

$179,400 + $219,400

$398,800

2021

$11,848 (+2.5%)

$179,400 + $219,400

$398,800

2020

$11,561 (+2.5%)

$167,900 + $219,400

$387,300

2019

$11,278 (+1.9%)

$167,900 + $219,400

$387,300

2018

$11,069 (+2.8%)

$167,900 + $219,400

$387,300

2017

$10,767 (+5.8%)

$167,900 + $219,400

$387,300

2016

$10,178 (+4.2%)

$167,900 + $219,400

$387,300

2014

$9,771 (+0.3%)

$167,900 + $219,400

$387,300

2013

$9,744 (+3.8%)

$167,900 + $219,400

$387,300

2012

$9,392 (+6.9%)

$167,900 + $219,400

$387,300

2011

$8,788 (−12.3%)

$167,900 + $219,400

$387,300

2010

$10,017 (+4.8%)

$167,900 + $219,400

$387,300

2009

$9,558

$244,800 + $219,400

$464,200

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

R75

Residential District

The purpose of this section is to recognize the existing pattern of detached dwellings, to preserve environmentally critical areas as identified in the adopted master plan and the natural resources inventory, and to allow the township to provide a variety of housing, including lower income housing in the identified areas. The selection of dwelling unit types in the R-5 District should provide a balance of housing choices attractive to all income and age segments of the community as part of the township's fair share of the regional housing needs. The criteria are intended to provide flexibility in the design of developments to aid in reducing housing costs, encouraging lower income housing, allowing construction to avoid environmentally critical areas, and removing residences from busy highways and other potential nuisances created by noise and visual blight.

Permitted uses

Include but are not limited to:

Agriculture
Restaurant
Housing-Group
Housing-Single unit
Housing-Multiple units
Public service
Library
Golf related
Housing-Mobile home park
Park & open space

Property details

Exterior

Exterior Information
Construction Type: Frame
Exterior Wall: Frame

Property Information
Living Sq. Ft: 2,735
# of Stories: 2

Parking & Garage Information
# of Parking Spaces: 2
Parking Type: Attached Garage
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 19,166
Legal Lot Number: 12
Legal Block Number: 16
Municipality Name: HOPEWELL TWP
Acres: 0.44
Zoning Code: R75
State Use Description: RESIDENTIAL

Financial

Assessor Information
Assessment Year: 2026
Tax District County: HOPEWELL TWP

Public facts

Beds: —
Baths: —
Sq. Ft.: 2,735
Stories: 2.0
Lot Size: 0.44 acres
Style: Single Family Residential
Year Built: 1890
Year Renovated: —
County: Mercer County
APN: 0600016 00012

Home facts updated by county records on Jul 14, 2026

Around this home

Schools

Hopewell Elementary School

Public PreK-5 • Assigned • 1.6mi

8/10

Timberlane Middle School

Public 6-8 • Assigned • 4.6mi

6/10

Central High School

Public 9-12 • Assigned • 4.5mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.15% chance of being in a wildfire in next 30 years

5/10 Heat Factor

7 days above 100° expected this year, 15 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

4/10 Air Factor

3 unhealthy days expected this year, 5 days in 30 years

Provided by First Street

Historical weather

Hopewell, NJ • 08525

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.7 hours in June and 4.3 hours in December, placing it below the U.S. average for solar exposure.

8.7 hrs

4.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$508,000 – $615,000

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Nearby similar homes

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6 beds10 baths18,301 sq ft

82 Aunt Molly Rd, Hopewell, NJ 08525

(609) 921-1050

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$525,000

3 beds1 bath1,152 sq ft

88 Columbia Ave, Hopewell, NJ 08525

(609) 924-1600

$895,000

3 beds3.5 baths2,730 sq ft

102 Lindbergh Rd, Hopewell, NJ 08525

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Home values near 1009 Cherry Valley Rd

Data from public records.

Address	Redfin Estimate
1007 Cherry Valley Road, Hopewell, NJ - Beds \| - Baths \| 1598 Sq. Ft.	$468,049
1003 Cherry Valley Road, Hopewell, NJ 3 Beds \| 2 Baths \| - Sq. Ft.	$645,956

Address	Redfin Estimate
1005 Cherry Valley Road, Hopewell, NJ 3 Beds \| 2.5 Baths \| 1944 Sq. Ft.	$651,154
106 Rocky Hill Road, Princeton, NJ 4 Beds \| 3 Baths \| 2728 Sq. Ft.	$918,547

Address	Redfin Estimate
1001 Cherry Valley Road, Hopewell, NJ 3 Beds \| 2 Baths \| - Sq. Ft.	$540,373
19 Aunt Molly Road, Hopewell, NJ 3 Beds \| 2 Baths \| 1793 Sq. Ft.	$648,562

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 08525, NJ

Sale history for 1009 Cherry Valley Rd

Tax history for 1009 Cherry Valley Rd

Zoning

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 08525

Home values near 1009 Cherry Valley Rd

More real estate resources