Mercer County, NJ
Land Market Insights and Pricing in Mercer County, New Jersey
On average, land listings in Mercer County, NJ have a lot size of 41 acres and are priced around $2,983,750. The median price per acre in Mercer County, NJ is $84,272.
Market Trends
Properties for Sale
147
Total Acreage for Sale
162 ac
Median Lot Size
11.7 ac
Average Lot Size
40.6 ac
Median List Price
$1,122,500
Average List Price
$2,983,750
Median Price Per Acre
$84,272 / ac
Total Price Reductions
—
Median Days on Market
73 days
About Mercer County, NJ
Mercer County, New Jersey, offers a diverse landscape spanning 229 square miles, from flat coastal plains to the rolling Piedmont Plateau, with Baldpate Mountain reaching 480 feet. The Delaware River forms its western border, providing recreational opportunities and enhancing land appeal. This strategically located county features a mix of urban, suburban, and rural areas, with fertile agricultural land in Hopewell and Pennington. Mercer's strong economy, anchored by Princeton University and a thriving educational sector, contributes to its $36 billion GDP. While the county boasts excellent connectivity via major highways like I-95 and US-1, potential land buyers should note the higher-than-average property tax rate of 2.51%. With median worker earnings of $49,461 and a diverse range of land options across its 12 municipalities, Mercer County presents compelling opportunities for various land uses and investments.
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