When was 15 Michael Way, Hopewell Twp, NJ last sold?

The most recent recorded sale was in 1991 for $400,000.

What is the assessed value of 15 Michael Way, Hopewell Twp, NJ?

The total municipal assessment is $661,500 (land plus improvements).

What is 15 Michael Way, Hopewell Twp, NJ worth?

Our model estimates a market value of $850,660, derived from comparable recorded sales nearby.

How many units does 15 Michael Way, Hopewell Twp, NJ have?

Records show 1 dwelling unit at 15 Michael Way, Hopewell Twp, NJ.

What kind of property is 15 Michael Way, Hopewell Twp, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1988.

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15 Michael Way, Hopewell Twp, NJ — owner, sales, deeds · parceldata

15 Michael Way

Hopewell Twp, NJ 08534·Mercer County

1106·block 89·lot 4.11

$850,660estimated value

Last sale

$400,000

1/31/1991 · MOD-IV (Rutgers)

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1988

Building size

—

Lot size

2.13 ac

Land description

2.133 AC

Building description

2SB 3AG POOL

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$661,500

Land value

$332,700

Improvement value

$328,800

Last year's tax

$20,884

Last MOD-IV sale

$400,000

MOD-IV deed date

1/31/1991

Owner mailing address

15 MICHAEL WAY
PENNINGTON NJ 08534

Estimated market value

$850,660

range $741,691 – $960,446

high confidence

Assessment-implied: $927,640; Director's Ratio 0.7131 (2025)
Comp-implied: $825,000; 30 comparable sales

Estimated value, last 11 years

2016: $493,216 → 2026: $850,660

Based on 30 comparable sales

Address	Sold	Price
161 Pleasant Valley Rd	2/2/2026	$1,100,000
268 Jacobs Creek Rd	12/5/2025	$1,125,040

Bordering

200-ft notice list →

17 Michael Way
Lot 4.10·$699,100
2 Timkak Lane
Lot 4.12·$681,400
4 Timkak Lane
Lot 4.13·$837,200
8 Timkak Lane
Lot 4.15·$780,500

Block 89All of Block 89 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "15 MICHAEL WAY PENNINGTON NJ 08534"
    ],
    "zipKeys": [
      "15 MICHAEL WAY 08534"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1106_89_4.11",
  "county_code": "11",
  "district_code": "06",
  "block": "89",
  "lot": "4.11",
  "qualifier": "",
  "property_location": "15 MICHAEL WAY",
  "property_class": "2",
  "bldg_class": "18",
  "bldg_desc": "2SB 3AG POOL",
  "land_desc": "2.133 AC",
  "year_built": 1988,
  "living_sqft": null,
  "dwelling_units": 1,
  "comm_dwell": 0,
  "land_value_cents": "33270000",
  "improvement_value_cents": "32880000",
  "net_value_cents": "66150000",
  "last_yr_tx_cents": "2088356",
  "deed_date": "1991-01-31",
  "deed_book": "02555",
  "deed_page": "00914",
  "sale_price_cents": "40000000",
  "sales_code": null,
  "owner_mailing_street": "15 MICHAEL WAY",
  "owner_mailing_city_state_zip": "PENNINGTON NJ 08534",
  "mun_name": "HOPEWELL TWP",
  "calc_acre": "2.133000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.81098037235226,
  "centroid_lat": 40.32256369784263
}

SR1A

[
  {
    "id": "8bce6de0-72e3-4067-9907-3a79e23a0cfd",
    "property_id": "797b5993-56f1-4e67-bc77-cdee4186de4e",
    "county_code": "11",
    "district_code": "06",
    "block": "89",
    "lot": "4.11",
    "qualifier": "",
    "deed_book": "2555",
    "deed_page": "914",
    "deed_date": "1991-01-31",
    "date_recorded": "1991-01-31",
    "sale_price_cents": "40000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "2c056584-21c6-4146-b643-b8814ef6a30e",
    "property_id": "797b5993-56f1-4e67-bc77-cdee4186de4e",
    "county_code": "11",
    "district_code": "06",
    "block": "89",
    "lot": "4.11",
    "qualifier": "",
    "deed_book": "2431",
    "deed_page": "910",
    "deed_date": "1988-01-28",
    "date_recorded": "1988-01-28",
    "sale_price_cents": "31150000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 15 Michael Way, Hopewell Twp, NJ last sold?: The most recent recorded sale was in 1991 for $400,000.
What is the assessed value of 15 Michael Way, Hopewell Twp, NJ?: The total municipal assessment is $661,500 (land plus improvements).
What is 15 Michael Way, Hopewell Twp, NJ worth?: Our model estimates a market value of $850,660, derived from comparable recorded sales nearby.
How many units does 15 Michael Way, Hopewell Twp, NJ have?: Records show 1 dwelling unit at 15 Michael Way, Hopewell Twp, NJ.
What kind of property is 15 Michael Way, Hopewell Twp, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1988.

Sales history

1/31/1991$400,000
MOD-IV (Rutgers)Bk 2555 / Pg 914
1/28/1988$311,500
MOD-IV (Rutgers)Bk 2431 / Pg 910

Date	Price	Book / Page	Source
1/31/1991	$400,000	2555 / 914	MOD-IV (Rutgers)
1/28/1988	$311,500	2431 / 910	MOD-IV (Rutgers)