5 Things You Need to Know about this Charming Mercer County Town
We proudly call the quiet, charming town of Hopewell in Mercer County, NJ, our home base! With a population of just under 2,000 people, Hopewell is one of many small towns and boroughs surrounding the Princeton area. If you are considering living or buying property in the Hopewell area, here are five things you need to know.
The median home value in Hopewell is roughly $573,000, which is significantly higher than the current national median value of $349,770 and more than New Jersey’s median home value of $492,394.
The market is mainly made up of single-family homes (71%), followed by apartment buildings (19%) and townhomes (8%), meaning Hopewell may be more fitting for prospective homeowners or landlords looking to purchase single properties. However, the median rent across property types is $1,600 monthly — lower than the national amount of $2,050 — so it may be worth keeping an eye on the market in greater Mercer County to see if the quantity of rentals increases in the coming year.
The highly ranked Hopewell Valley Regional School District serves more than 3,000 students in the boroughs of Hopewell and Pennington, from pre-kindergarten through 12th grade. The district consists of four elementary schools, one middle school, and one high school. In 2022, the U.S. Department of Education recognized the district’s Stony Brook Elementary School as a National Blue Ribbon School for excellence in student achievement — making it one of only 297 schools nationwide to receive the honor!
Parks & Recreation
Hopewell Township offers a wide range of recreational events and programs open to children, adults, and seniors. There are beautiful parks, nature preserves, and trails for various outdoor activities.
History & Culture
Hopewell has a rich history dating back to the early 1700s and hosts many historical sites. The most well-known is Washington Crossing, where George Washington and his army famously crossed the Delaware River in December 1776 during the Revolutionary War. The Hopewell Museum has thousands of artifacts on display and aims to tell the story of local people from before the colonial era to the present day.
Hopewell residents regularly come together for many different events and seasonal festivals, the biggest being the annual Hopewell Day, a family-friendly celebration of the town’s anniversary and vibrant community.
This fall, a team of Hopewell volunteers is introducing a new event, Porchfest, where residents can walk to different host homes to enjoy free exhibitions and musical performances from local artists!
Hopewell is a gem of a small town; while it is a short drive from the bustle of Princeton, it still has its own sense of pride and community. If you are looking for a quiet, welcoming suburban environment with a fascinating history, robust housing market, and top-notch schools, come visit us here in Hopewell. Contact Barsky today to learn how we can help with all your property management needs.