The Princeton Council has accepted the donation of a 10-acre wooded parcel of land on River Road, next to the Princeton Church of Christ congregation.
Thompson Realty Co. of New Jersey LLC offered to donate the vacant parcel to the town. The Princeton Council accepted, and approved an ordinance to accept the donation at a meeting in February.
The parcel is located near the intersection of River Road and Herrontown Road. It also borders the Millstone River.
The land may be used by the public for passive recreation and conservation purposes. Those activities include walking, bird-watching, bike riding, and the study of plants and similar activities, officials said.
The 10-acre parcel is assessed as farmland, and has an assessed value of $1,300. The real estate taxes for 2024 are $8.17 per quarter.
A tract of at least five acres qualifies for farmland assessment if it is devoted to agricultural or horticultural uses, under the New Jersey Farmland Assessment Act of 1964.
A parcel also qualifies for farmland assessment if there is a woodland management plan in place, under state law.
