Wonderful opportunity to own this beautiful 53.75-acre farm in the sought-after Pennington neighborhood of the Princeton suburb. There is a 5000 sqft steel frame barn/warehouse together with 3 offices that are gas heated and have central AC, and an additional 3000 sqft steel frame open storage area, on a five-acre building envelope for creating your dream home/mansion. A creek running through the property makes it possible to have a fish pond with free stream. This idyllic farm is close to major high ways, shopping center, fortune 500 companies, Princeton University and Rider University.
A rare 53-acre parcel directly across from Hopewell Valley Vineyards creates a phenomenal business opportunity for anyone looking to take advantage of a highly visible location with a myriad of potential uses. Forty-four tillable and preserved acres, a six-acre building envelope with septic, electric, gas and an exceptional 3-bay shop with two offices, dual bathrooms and a reception area already in place, set the tone for this spectacular offering. Awe-inspiring vistas of wooded groves, rolling hills and the adjacent vineyard rival those found in California wine regions. Join a growing trend of artisanal grape growers and turn Hopewell into a little Napa or benefit from the popularity of a destination vineyard neighbor complementing that business with a farm-to-table endeavor, a B & B, nursery, farmstand ? the sky's the limit with the consistent flow of traffic through the area. Or, simply build your dream house alongside the oversized shop - ideal for a contractor ? and watch your business grow.
TREND #6292512
Oct 20, 2017
Sold
$760,000
$95/sq ft
Aug 24, 2017
Pending
—
Aug 22, 2017
Relisted
—
Aug 13, 2017
Contingent
—
May 12, 2017
Pending
—
Apr 20, 2017
Contingent
—
Nov 12, 2016
Price Changed
$825,000
$103/sq ft
Sep 22, 2016
Price Changed
$925,000
$116/sq ft
Mar 23, 2016
Price Changed
$975,000
$122/sq ft
Apr 27, 2015
Price Changed
$995,000
$124/sq ft
Mar 21, 2015
Relisted
—
Dec 25, 2014
Pending
—
Nov 8, 2014
Contingent
—
Oct 8, 2014
Price Changed
$1,100,000
$138/sq ft
May 16, 2014
Price Changed
$1,150,000
$144/sq ft
Sep 23, 2013
Listed
$1,200,000
$150/sq ft
+20
BRIGHT MLS #1006924008
Jun 1, 2012
Listing Removed
—
Jan 19, 2011
Listed
$1,700,000
$213/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,178 (+2.8%)
$36,300
2024
$1,146 (+3.3%)
$36,300
2023
$1,109 (+2.1%)
$36,300
2022
$1,086 (−83.5%)
$36,300
2021
$6,583
$36,300
Tax history for 45 Yard Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,178 (+2.8%)
$36,300
2024
$1,146 (+3.3%)
$36,300
2023
$1,109 (+2.1%)
$36,300
2022
$1,086 (−83.5%)
$36,300
2021
$6,583
$36,300
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
53.75 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Ranch
County
Mercer County
APN
0600049 00028 QFARM
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 14, 2026.
VRC
Valley 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
Parking Lot, Driveway
Interior
Bathroom Information
# of Bathrooms (Half) On Main Level: 2
# of Bathrooms (Half): 2
Interior Information
Living Area Sq.Ft. Source: Estimated
Basement Information
Basement: No
Exterior
Property Information
Not Federal Flood Zone
Total Below Grade Sq. Ft.: 0
Horse: No
Improvement Assessed Value: $138,800
Ownership Interest: Fee Simple
Year Built Source: Estimated
Building Information
Construction Materials: Steel Siding
Foundation Details: Concrete Perimeter, Slab
Other Structures: Above Grade, Below Grade
Structure Type: Detached
Lot Information
Lot Size Dimensions: 0.00 x 0.00
Tidal Water: No
Land Information
Crops Included: No
Farm Information
Farm Features: Other Residence, Shed(s)
Land Area Units: Acres
General
Farm Land Preservation: No
Above Grade Information
Unfinished Sq.Ft.: 8000
Unfinished Sq.Ft. Source: Estimated
Finished Sq.Ft. Source: Estimated
Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor
Financial
Tax Information
Tax Assessed Value: $138,800
Tax Year: 2020
Tax Annual Amount: $4,138
Assessments Information
Year Assessed: 2020
Lease Information
Lease Considered: No
Utilities
Utilities Information
Central Air
Cooling Type: Central A/C
Cooling Fuel: Electric
120/240V
Forced Air
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Sewer Septic: On Site Septic
Electric Available, Natural Gas Available, Sewer Available, Water Available
Water Source: Well
Location
School Information
School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS
School District Source: Listing Agent
Location Information
Cross Street: Hwy 31
Directions: Hwy 31 to Yard Rd, 0.5 mile on right
Municipality: HOPEWELL TWP
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 53.75 acres
Style: Ranch
Year Built: —
Year Renovated: —
County: Mercer County
APN: 0600049 00028 QFARM
Home facts updated by county records on Jul 14, 2026
Around this home
Schools
Bear Tavern Elementary School
Public PreK-5 • Assigned • 3.2mi
8/10
Timberlane Middle School
Public 6-8 • Assigned • 0.8mi
6/10
Central High School
Public 9-12 • Assigned • 0.9mi
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 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
4 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Pennington, NJ • 08534
Average low and high temperatures (°F)
34
20
39
23
57
34
64
42
71
52
82
61
87
68
81
59
77
57
68
45
55
36
40
24
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
$1.23M – $1.49M
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