NewFind your real estate agent style: take the assessment
NookLocal
For Sale

Listing description

$100,000 Price Reduction! Where else in New Hope Borough will you find waterfront living at this price point? It is a rare occurrence for residences within The Waterworks to come on the market as the current tony residents rarely wish to forego the ease of a lock-and-leave lifestyle while also enjoying the moments brought by lingering awhile to take in the private long distance river views and serene natural beauty that is beyond compare. Waterworks is an iconic, masterfully restored historic mill nestled between the tranquil Delaware Canal and the majestic Delaware River in downtown New Hope, PA. This rare, multi-level 2-bedroom, 2-bathroom condominium perfectly balances rich architectural heritage with modern sophistication. Secure lobby access and two highly coveted, dedicated garage spaces offer the ultimate peace of mind for a prestigious primary residence or weekend sanctuary. Inside, a sun-drenched open floor plan seamlessly blends indoor elegance with spectacular outdoor vistas through expansive windows. The meticulously curated space features a high-end gourmet kitchen designed for effortless entertaining. Step out of the upper-level primary sanctuary onto a private riverfront balcony, offering an unmatched, exclusive vantage point for quiet morning coffees and sunset river views. Beyond your walls, an incomparable lifestyle awaits with the Delaware Canal State Park towpath directly at your doorstep for immediate hiking and biking. And you are a mere stroll away from numerous fine dining options and the historic Bucks County Playhouse in downtown New Hope and antique & art galleries throughout Lambertville, NJ. This is more than a residence; it is a rare opportunity to own a piece of Bucks County's heritage. Come for a weekend, stay for a lifetime!

Rooms by level

How the bedrooms and baths are distributed across the floors, as reported by the listing agent.

  1. Main level1 bedroom · 1 full bath
  2. Upper level1 bedroom · 1 full bath

Facts & features

Interior

Bedrooms
2
Bathrooms
2 full
Living area
1,565 sq ft
Heating
Heat Pump(s), Steam
Cooling
Central A/C

Property & construction

Property type
Residential · Interior Row/Townhouse
Architectural style
Other
Year built
1989

Lot & parking

Garage
2 spaces

Financial

Price / sq ft
$623
HOA dues
None

Listing details

MLS #
PABU2118378
County
Bucks County
School district
New Hope-Solebury
Days on NookLocal
129 days

Interior features

Appliances
Built-In Microwave, Dishwasher, Dryer, Oven - Self Cleaning, Cooktop, Refrigerator, Washer, Water Heater
Flooring
Hardwood, Carpet, Tile/Brick
Interior features
Additional Stairway, Bathroom - Walk-In Shower, Bathroom - Tub Shower, Carpet, Combination Kitchen/Living, Floor Plan - Open, Primary Bath(s), Upgraded Countertops, Wood Floors
Fireplace
2
Laundry
Upper Floor
Levels
2
Accessibility
None
Security
Intercom, Main Entrance Lock

Exterior & construction

Construction
Brick
Foundation
Other
Exterior features
Exterior Lighting
Patio & porch
Deck(s)
Waterfront
Yes

Systems & utilities

Heating fuel
Electric, Geo-thermal
Cooling fuel
Geothermal
Hot water
Electric
Water source
Public
Sewer
Public Sewer

Parking

Parking
Parking Garage
Garage type
Covered Parking
Parking features
Assigned, Parking Space Conveys
Total spaces
2

Community

Subdivision
WATERWORKS
HOA amenities
Common Grounds
HOA includes
Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Snow Removal, Trash

Lot & zoning

Zoning
LI1
Cross street
PA Route 32 / River Road

Included in the sale

Possession
Immediate

Price history

DateEventPrice
Aug 19, 2026Price reduced$975,000
Price reduced$1,035,000
Apr 15, 2026Listed for sale$1,075,000

Price changes are tracked from when NookLocal first indexed this listing; earlier history may not appear. Tax & assessment details are in the section below.

The NookLocal estimate

Estimated value

$931,000

Automated estimate, not an appraisal. Sale records through July 2026.

About this estimate

Based on 10 comparable sales nearby, the Bucks County assessment ratio, and this home's own July 2026 sale grown with the local market, weighted toward the current asking price.

Last sold
July 2026 for $875,000
About $875,000 in today's market
Current list price
$975,000
County assessment implies
$657,143
Est. property taxes at today's rates
$4,967/yr

Comparable Sales

AddressClosedSale priceBd/BaSqftAdjusted value
27 ARDEN WAY, NEW HOPE, PA 18938October 2025$499,0002/21,564$518,649
23 TAHOE, NEW HOPE, PA 18938June 2026$555,0003/21,564$562,604
24 TAHOE, NEW HOPE, PA 18938December 2025$550,0002/11,564$614,412
9 RUNNEMEDE, NEW HOPE, PA 18938December 2024$495,0002/21,564$536,163
11 EDEN ROC ST, NEW HOPE, PA 18938April 2026$595,0003/21,656$576,505
30 TAHOE, NEW HOPE, PA 18938October 2024$465,0002/11,564$541,279

Sale history

DateEventPrice
July 2026Sold$875,000
February 2025Sold$700,000
March 2024Sold$930,500
September 2023Sold$895,000
July 2023Sold$740,000
July 2023Sold$1,225,000
April 2023Sold$990,000
April 2023Sold$950,000
November 2021Sold$660,000
August 2021Sold$725,000
August 2021Sold$472,500
February 2021Sold$805,000
January 2021Sold$785,000
November 2020Sold$750,000
September 2020Sold$775,000
August 2020Sold$459,000
August 2020Sold$759,000
August 2020Sold$460,000
June 2020Sold$655,000
November 2019Sold$550,000
November 2019Sold$316,500
October 2019Sold$563,000
September 2019Sold$439,000
April 2019Sold$820,000
November 2018Sold$460,000
November 2018Sold$725,000
August 2018Sold$549,900
August 2018Sold$695,000
August 2018Sold$619,900
July 2018Sold$740,000
April 2018Sold$560,000
December 2017Sold$425,000
October 2017Sold$575,000
August 2017Sold$575,000
July 2017Sold$675,000
July 2017Sold$395,000
June 2017Sold$690,000
April 2017Sold$540,000
March 2017Sold$475,000

From closed MLS and county deed records. Earlier transactions may exist.

Estimated taxes

Estimated at current rates

$5,526 / year

$460 per month

MLS shows (2026)

$6,032

-8.4% at current rates

School tax

NEW HOPE-SOLEBURY · 120.51 mills (2025-26)

$4,435

County tax

Bucks County · 29.65 mills (2026)

$1,091

Municipal tax

Not reported in the MLS feed

Assessment note: this home is assessed at $36,800, well below the ~$54,600 its asking price implies at Bucks County's common level ratio (5.6%). A sale near asking can invite a school-district assessment appeal that could raise the bill by roughly $2,673/year. Factor that into an offer.

Recomputed from the county assessment ($36,800, 1972 base year) × current millage. School millage is from the latest year certified by the Pennsylvania Department of Education (2025-26); districts adopt the next year's budgets each June, and we update when the state certifies the statewide file in the fall. Portals typically reprint the recorded 2026 bill. Pennsylvania does not reassess on sale. Estimate only. Verify with Bucks County before relying on it. Learn more: PA property tax calculator · Common Level Ratio by county.

Estimated monthly payment calculator

$195,000 (20%)
6.43%

Loan term

Estimated monthly payment

$5,639/mo

Principal & interest
$4,894
Property taxes (current rates)
$460
Home insurance (est.)
$284

Taxes use NookLocal's estimate at current millage rates, not the stale figure on the MLS. The default rate is the average 30-year rate as of July 2026; insurance is estimated at 0.35% of the price per year. Below 20% down, lenders usually add mortgage insurance, which this estimate doesn't include. Estimate only; verify before relying on it.

Area statistics

School district

New Hope-Solebury

Academic index
81.1/100
Graduation rate
97.3%
PSSA ELA proficient
72.9%
PSSA Math proficient
71.4%

2025 PA state assessments (PSSA / Keystone) and graduation data. The index measures student outcomes, not school effectiveness, and is not adjusted for demographics. Districts serve all residents; verify enrollment boundaries with the district.

Safety data

Bucks County crime & safety numbers →

County figures from FBI and Pennsylvania source data.

Property taxes

Bucks County taxes, explained →

Millage, the Common Level Ratio, and what changes after you buy.

© BRIGHT, All Rights Reserved

Information Deemed Reliable But Not Guaranteed

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which United Real Estate Strive 212 participates, and is provided by BRIGHT through a licensing agreement.

IDX listings are displayed pursuant to broker of record United Real Estate Strive 212, Frank Ramos, Broker/Owner, PA Broker License RM424345, 1220 Broadcasting Rd, Suite 201, Wyomissing, PA 19610, (610) 372-0212.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

Data last updated: August 22, 2026 at 2:03 PM EDT

Need an agent who gets you?

Our co-founder Carmen does a 1-on-1 needs analysis with you, then hand-picks a vetted New Hope agent or lender. Free, no obligation. If you work with a partner we introduce, NookLocal may earn a referral fee from their broker.

Get Matched
Request a tour