Presenting both residential and investment alternatives, this offering is a rarity in Lawrence! In an area of beautiful homes, right up the road from Bristol Myers Squibb, and within easy commuting distance to Princeton, Philadelphia, Trenton and trains to NYC, here is an outstanding opportunity for the savvy buyer. Privately situated far back from the road down a long drive, farmhouse character resounds throughout. Resting on two lots (lots 23 & 24), totaling 8.6 acres, the yard is filled with mature plantings, tall trees and pretty views of surrounding meadow. Farm-assessed, you can come and take advantage of scarcely available land that's ideal for a couple of horses. Or, opt to sell off half the land to offset costs for your design standards. The house, which offers an abundant living room/great room with a commanding beamed ceiling and nicely-sized bedrooms, needs TLC but the charm and space are there to convert it into a stylish, Pottery Barn-esque abode. Gas line in road. Sale includes both lots. Potential for two building lots. (Check with township/state for rules/regulations of sub division and farmland assessment. ) Princeton mailing address. Taxes are $9,249, for house & one acre portion and $31, for the remaining 7.6 acres assessed as farmland. Seller shall make repairs to the radiator system.
Single-familyProperty Type
1940Year Built
1 acresLot Size
$500Est. Price/Sq.Ft.
2 car garageParking
Listed by Carolyn Spohn• Callaway Henderson Sotheby's Int'l Realty-Skillman
•908-874-0000 (broker)
•info@callawayhenderson.com (broker)
Bought with Ira Lackey Jr• Callaway Henderson Sotheby's Int'l-Princeton
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Single Family Residential
County
Mercer County
APN
—
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Apr 12, 2023.
EP-1
Environmental Protection 1 District
The Environmental Protection 1 district is designed for low intensity uses primarily in the northwest area of the municipality where poor water yields and strata for septic systems dictate large lot development in an area of little or no public infrastructure and severe environmental constraints, including but not limited to, a seasonal high water table, shallow depth to bedrock, and steep slopes along the Stony Brook. Further, the purpose of the EP-1 district is to protect the environmental resources and qualities of this area, maintain the rural character of roads and scenic views, and retain farmland. The EP-1 designation is contrasted with the EP-2 district by being underlain with the Lockatong-Argillite geologic formation as depicted in the adopted Master Plan. Both the EP-1 and EP-2 districts, though poorly suited for development, are exceptional areas for non-irrigated agriculture. Because of this last factor, clustering of residential units is preferred whether under the provisions of this section or 428.