Chase Hollow

Chase Hollow is a small collection of estate-scale homes on Chase Hollow Road in Hopewell Township, Mercer County, built between 1989 and 1993. What distinguishes it from many Hopewell Valley communities in the $1.5M range is the combination of sheer size and minimal neighbors. The four homes that have traded recently, at 1, 6, 8, and 12 Chase Hollow Road, run from 4,430 to 5,487 square feet, and turnover is infrequent enough that homes tend to attract buyers who already know the street. The Hopewell Valley Regional School District serves the enclave, and the $1.52M median reflects the square footage as much as the address.

The homes

The homes on Chase Hollow Road were built between 1989 and 1993 at roughly 4,430 to 5,487 square feet, all four to five bedrooms with three to four full baths. These were custom-grade floor plans for their era, with formal layouts and generous room counts that hold up against much newer construction. Recorded activity bears out the range: 1 Chase Hollow Road, a five-bedroom of 5,487 square feet, closed at $1,392,743 in December 2024, while 8 Chase Hollow Road, a four-bedroom of 4,430 square feet, closed at $1,580,000 in April 2025.

The 1989 to 1993 build era means buyers should anticipate updating some systems and finishes. Roofs, HVAC, and kitchens in untouched homes are at or past normal replacement thresholds. The structural bones on estate homes of this generation are generally solid, however, and a thorough inspection paired with a realistic renovation budget is the sensible way to approach an older home at this price.

Streets and setting

Chase Hollow is organized as a small enclave of detached homes along Chase Hollow Road, set on generous lots in a quiet, low-density part of Hopewell Township. The lot sizes and setbacks are the kind of thing money cannot buy in newer subdivisions, and the street carries no through traffic or shared community amenities. Buyers here are choosing privacy and space over a walkable downtown or an amenity package.

Because the enclave is small, only a handful of homes trade in a typical year. When one does come to market, it tends to draw buyers who already follow the street, so tracking off-market and coming-soon activity is often how a purchase actually happens.

Schools and commute

Every home is served by the Hopewell Valley Regional School District, with students attending local elementary schools, then Timberlane Middle School and Hopewell Valley Central High School. The district is the primary reason buyers seek out this address at this price point.

Route 31 is the main corridor through the area, running south toward I-295 and Trenton and north toward Flemington. The setting is rural and quiet, so errands and commuting are car-based, a tradeoff most buyers at this price accept in exchange for the space and privacy.

Market position

At a $1.52M median, Chase Hollow sits in the upper tier of Hopewell Valley, above community-scale developments like High Pointe at Hopewell and The Fields. The four recent closings ran from $1,392,743 to $1,580,000, a narrow band that reflects how similar the homes are in size and vintage; condition and updates drive most of the spread. Days on market varied widely, from 2 days at 8 Chase Hollow Road to 36 at 6 Chase Hollow Road.

Because so few homes trade, pricing a Chase Hollow home accurately means leaning on the handful of true comparables rather than broader Hopewell Township averages. That is where working with an agent who tracks this specific street pays off, whether you are buying or selling.