111 Titus Mill Road Pennington, NJ
$ 6,700,000
Property Attributes
  • MLS#NJME301060
  • TypeCommercial
  • CountyMERCER
  • CityPennington
  • AreaHopewell Twp
  • Zip08534
  • StyleRecreation
  • Year Built1977
  • Taxes$ 82365
  • Price$ 6,700,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage51779
  • Lot Size11.93 Acres
Listing Provided Courtesy Of:
Keller Williams Cornerstone Realty
Data Source:
Bright MLS
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.

Price History
8/27/2020 Listed $6,700,000

General Features

Acceptable Financing Cash, Conventional
Accessibility None
Business Type Recreation
Construction Materials Batts Insulation, Steel Siding, T-1-11
Cool Fuel Electric
Cooling Central A/C
Days on Market 298
Electric 120/240V, Transformer, Underground
Flooring Carpet, Ceramic Tile, Concrete, Hardwood
Heating Central, Forced Air
Historic Y/N No
Location Type Suburban
MLS Area Hopewell Twp (21106)
Municipality HOPEWELL TWP
New Construction No
Ownership Fee Simple
Possession Negotiable, Settlement
Price Per Sq Ft 129.4
Property SubType Sports and Entertainment
Property Type Commercial Sale
Property Use Owner User
PropertyCondition Very Good
Roof Asphalt, Metal
Sewer On Site Septic, Septic Pump
Tax Annual Amount 82365.0
Tax Lot 00022 04
Tax Year 2020
Total Units 2
Utilities Cable TV Available, Natural Gas Available, Electric Available, Phone Available
Vacation Rental Y/N No
Water Access Y/N No
Zoning IC
Zoning Description Industrial/Commercial plus uses permitted in the HBO District, OP District, RO District, Warehousing, Manufacturing & Assembly.

Interior Features

Central Air Y/N Yes
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas
Total Restrooms 6

Exterior Features

Building Area Total 51779.00
Car Parking Spaces 56
Fencing Y/n Yes
Foundation Details Slab
Lot Dimensions 0.00 x 0.00
Lot Features Cleared, Landscaping, Level, Open
Lot Size Acres 11.93
Lot Size Source Assessor
Lot Size Square Feet 519671.00
Navigable Water Y/N No
Road Frontage Length 768
Road Surface Type Black Top
Total Parking Spaces 56
Type of Parking Parking Lot
Water Oriented Y/N No
Water Source Private
Water View Y/N No
Waterfront Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 08534

AVG $34,944
AVG 164
Year Built
AVG 1962
AVG 31
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.