About This Home

This land at 150 West Franklin Av W FRANKLIN Avenue in Pennington, NJ is listed for $1,000,000 (2.10 acres).

Key Features

  • 2.10 acre lot
Listing Description

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.

Location

150 West Franklin Av W FRANKLIN Avenue

Pennington, NJ 08534

Questions & Answers

This 0-bedroom, 0-bathroom land at 150 West Franklin Av W FRANKLIN Avenue is listed at $1,000,000. The estimated monthly payment is $5,349 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 2.10 acre lot.

This property is listed by Gough W Thompson III.

GI

Gough W Thompson III

License 900694

Agent at Gloria Nilson & Co. Real Estate

Listed by Gloria Nilson & Co. Real Estate · Broker phone: (732) 450-2300 · View on Broker Site · Broker website

MLS# NJME2082816· Source: Bright MLS· 66 days on PropertySimple

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

150 West Franklin Av W FRANKLIN Avenue, Pennington, NJ 08534

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