Jessica Evans

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Listed by CHARLES G HORN • Keller Williams Cornerstone Realty
Bought with John Delgaldo • Keller Williams Cornerstone Realty

$ 4,925,000

$ 6,700,000 26.5%

Est. payment -/mo

Sold on 09/30/2022

111 TITUS MILL RD Pennington, NJ 08534

51,779 SqFt

UPDATED:

Key Details

Sold Price $4,925,000

Property Type Commercial

Sub Type Sports and Entertainment

Listing Status Sold

Purchase Type For Sale

Square Footage 51,779 sqft

Price per Sqft $95

MLS Listing ID NJME301060

Sold Date 09/30/22

HOA Y/N N

Year Built 1977

Annual Tax Amount $84,520

Tax Year 2021

Lot Size 11.930 Acres

Acres 11.93

Lot Dimensions 0.00 x 0.00

Property Sub-Type Sports and Entertainment

Source BRIGHT

Property Description

The Hopewell Tennis and Swim Center is situated on 11.93 acres and is located in Central New Jersey, just east of Rte 31 in Hopewell Township, and just 4 miles north of I-95. The tennis center consists of a 50,683 SF building containing six indoor tennis courts; a clubhouse with reception area, lounge, pro-shop, nursery, manager's offices, refreshment area, locker rooms, & multi-purpose room measuring 60' x 28'; and, utility room. The clubhouse possesses glass panels for viewing indoor tennis courts from the lounge area. In addition, there are 6 outdoor Har-Tru fenced tennis courts, and, a large gazebo (per easement). The Swim Club consists of a combination Olympic-sized lap and diving pool; a wading pool; a one-story pool/clubhouse with changing/restrooms, concession stand, eating area, & chemical storage room; playground; and, lawn seating areas. There is plenty of onsite parking, available. There is also room to potentially grow, as there is additional land that could be utilized for growth or additional development. The property is located in the Industrial/Commercial district, which also permits uses in the Highway Business & Office district, the Office Park District, Research/Office District, Warehousing, and Manufacturing & Assembly. Furniture, Fixtures, and Equipment are included, as is the business and goodwill. BMS, The Pennington School, Hopewell Valley Central HS, Pennington Borough, and Hopewell Borough, are all close by. There are 8 known easements as noted on the Plan of Survey & in the description of of the Property by engineering firm.

Location

State NJ

County Mercer

Area Hopewell Twp (21106)

Zoning IC

Interior

Hot Water Natural Gas

Heating Central, Forced Air

Cooling Central A/C

Flooring Carpet, Ceramic Tile, Concrete, Hardwood

Heat Source Natural Gas

Exterior

Garage Spaces 56.0

Utilities Available Cable TV Available, Natural Gas Available, Electric Available, Phone Available

Water Access N

Roof Type Asphalt,Metal

Street Surface Black Top

Accessibility None

Total Parking Spaces 56

Garage N

Building

Lot Description Cleared, Landscaping, Level, Open

Foundation Slab

Sewer On Site Septic, Septic Pump

Water Private

New Construction N

Schools

School District Hopewell Valley Regional Schools

Others

Tax ID 06-00037-00022 04

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Jessica Evans

+1(301) 832-5105

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Washington, DC

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111 TITUS MILL RD Pennington, NJ 08534

Key Details

Location

Interior

Exterior

Building

Schools

Others

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111 TITUS MILL RD