Discover a hidden gem with incredible investment potential! This charming ranch-style home, built in 1960, sits on a generous 0.81-acre lot, offering ample space for expansion or development. The home features 2 bedrooms, 2 bathrooms and an unfinished basement, providing a blank canvas for your creative vision-transform it into a cozy retreat or a lucrative rental space. With no association fees and a prime location, this property is perfect for investors seeking to capitalize on the growing demand for residential rentals, to fully renovate as the property sits or to envision adding an additional level or building out. The driveway offers convenient parking, while the serene surroundings create a warm and inviting atmosphere. This property is not just a house; it's an opportunity to develop the property or build equity to generate income. Don't miss your chance to invest in a property with endless possibilities!
Est. $2,372 per month, based on comparable rentals
Sale and tax history for 16 New Rd
Sale History
Tax History
Date
Event
Price
Public Records
Apr 23, 2026
Sold
$299,000
$245/sq ft
BRIGHT MLS #NJME2065650
Mar 23, 2026
Sold
$299,000
$245/sq ft
Sep 23, 2025
Pending
—
Sep 18, 2025
Listed
$249,999
$205/sq ft
Public Records
Apr 20, 2005
Sold
$275,000
$225/sq ft
BRIGHT MLS #NJME220190
Nov 13, 2004
Listing Removed
—
Aug 15, 2004
Listed
$292,000
$239/sq ft
BRIGHT MLS #NJME256480
Aug 17, 2004
Listing Removed
—
Feb 29, 2004
Listed
$285,000
$233/sq ft
Public Records
Jan 13, 1993
Sold
$153,000
$125/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$8,914 (+2.8%)
$183,200 + $91,500
$274,700
2024
$8,672 (+3.3%)
$183,200 + $91,500
$274,700
2023
$8,395 (+2.1%)
$183,200 + $91,500
$274,700
2022
$8,222 (−2.2%)
$183,200 + $91,500
$274,700
2021
$8,403 (+7.5%)
$183,200 + $91,500
$274,700
2020
$7,818 (+2.5%)
$172,400 + $89,500
$261,900
2019
$7,627 (+1.9%)
$172,400 + $89,500
$261,900
2018
$7,485 (+2.8%)
$172,400 + $89,500
$261,900
2017
$7,281 (+5.8%)
$172,400 + $89,500
$261,900
2016
$6,882 (+4.2%)
$172,400 + $89,500
$261,900
2014
$6,607 (+0.3%)
$172,400 + $89,500
$261,900
2013
$6,589 (+3.8%)
$172,400 + $89,500
$261,900
2012
$6,351 (+6.9%)
$172,400 + $89,500
$261,900
2011
$5,943 (−2.3%)
$172,400 + $89,500
$261,900
2010
$6,083 (+4.8%)
$172,400 + $89,500
$261,900
2009
$5,804
$192,400 + $89,500
$281,900
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
0.81 Acres
Year renovated
—
Sq. Ft.
1,222
Year built
1960
Style
Single Family Residential
County
Mercer County
APN
0600030 00035
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 14, 2026.
MRC
Mountain Resource Conservation District
The purpose of these districts is to implement the goals, objectives and principles of the 2002 Master Plan relative to protecting environmentally sensitive areas, recognizing development capacity limitations established by natural resource capabilities, maintaining the rural character and providing for sustainable development. These districts have been designed to comprehensively address the interrelated goals of protecting groundwater quantity and quality, maintaining surface water resources, conserving the scenic rural character, addressing limiting soil conditions and promoting continued agricultural use opportunities, while also providing a range of development opportunities that offer alternatives for the landowner.
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
Parking
Parking Information
Driveway
Interior
Bedroom Information
# of Bedrooms On Main Level: 2
Bathroom Information
# of Bathrooms (Full) On Main Level: 2
# of Bathrooms (Full): 2
Interior Information
Interior Features: Other
Living Area Sq.Ft. Source: Estimated
Room Information
# of Rooms: 4
Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2
Basement Information
Basement: Yes
Unfinished
Exterior
Property Information
Not Federal Flood Zone
Accessibility Features: Other
Horse: No
Improvement Assessed Value: $91,500
Ownership Interest: Fee Simple
Year Built Source: Estimated
Building Information
Foundation Details: Other
Other Structures: Above Grade
Roof: Asphalt
Structure Type: Detached
Exterior Information
Other
Lot Information
Tidal Water: No
Land Information
Land Assessed Value: $183,200
Above Grade Information
Finished Sq.Ft.: 1,222
Finished Sq.Ft. Source: Estimated
Financial
Tax Information
Tax Assessed Value: $274,700
Tax Year: 2024
Tax Annual Amount: $8,672
Assessments Information
Year Assessed: 2025
Lease Information
Lease Considered: No
Utilities
Utilities Information
Cooling Type: Other
Cooling Fuel: Other
Other
Heating Fuel: Other
Hot Water: Other
Sewer Septic: On Site Septic
Water Source: Well
Location
School Information
Elementary School: BEAR TAVERN
Middle Or Junior School: TIMBERLANE M.S.
High School: CENTRAL H.S.
School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS
Elementary School Source: Listing Agent
Middle School Source: Listing Agent
High School Source: Listing Agent
School District Source: Listing Agent
Location Information
Cross Street: Louellen
Directions: Georgetown Franklin Tpke to Louellen St, LEFT onto New Rd, 16 NEW on your left hand side
Municipality: HOPEWELL TWP
Public facts
Beds: —
Baths: —
Sq. Ft.: 1,222
Stories: 1.0
Lot Size: 0.81 acres
Style: Single Family Residential
Year Built: 1960
Year Renovated: —
County: Mercer County
APN: 0600030 00035
Home facts updated by county records on Jul 14, 2026
Around this home
Schools
Hopewell Elementary School
Public PreK-5 • Assigned • 4.1mi
8/10
Timberlane Middle School
Public 6-8 • Assigned • 3.5mi
6/10
Central High School
Public 9-12 • Assigned • 3.6mi
6/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
5/10 Heat Factor
7 days above 101° 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
Lambertville, NJ • 08530
Average low and high temperatures (°F)
35
20
39
23
57
35
66
43
72
52
83
62
88
69
81
60
77
57
68
45
56
36
40
25
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 4.2 hours in December, placing it below the
U.S. average for solar exposure.
8.7 hrs
4.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$467,000 – $565,000
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