1 Michael Way Pennington, NJ 08534
Estimated payment $8,643/month
Highlights
- 2.58 Acre Lot
- Colonial Architecture
- 2 Fireplaces
- Hopewell Valley Central High School Rated A
- Deck
- No HOA
About This Home
A big wraparound deck, complete with retractable awning, basks the beauty of majestic trees and bountiful garden beds behind this one-of-a-kind home, where timeless warmth and modern functionality blend seamlessly. While the fenced lot is merely a mile from popular Borough establishments and daily conveniences, the lush privacy and peaceful quietude is exceptional. Rooms within are large and free-flowing, yet defined, for a more traditional feel, which is furthered by crown molding, wainscoting and lots of French doors. The newly renovated kitchen is stunning with stone countertops done in a leathered finish providing the perfect contrast to gleaming pro-style appliances and brushed brass hardware. The sunny, open breakfast area has coordinating pantry storage, while the dining room is an elegant venue for special evenings or celebratory brunches that spill outdoors. Both the living room and family room have fireplaces that draw everyone together, and when it’s time for a quiet escape, head to a library lined with tall bookcases and more French doors. Upstairs, off the airy landing, double doors reveal the primary suite offering separate walk-in closets and a big bathroom with marble flooring, a corner tub, a mosaic tiled shower and access to a balcony shared with a corner office. Up-to-date baths can also be found in a second suite and between two more comfortable bedrooms. Tour the property to discover a handy shed, a covered grilling station and ample extra parking outside the 3-car garage.
* Fireplaces sold "As Is" with no known defects
Listing Agent
(917) 828-0331 rlee@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #1970457 Listed on: 08/01/2025
Co-Listing Agent
(917) 848-8345 agranato@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #1008855
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,963
Year Built
- Built in 1986
Lot Details
- 2.58 Acre Lot
- Property is Fully Fenced
- Property is zoned VRC
Parking
- 3 Car Direct Access Garage
- Driveway
Home Design
- Colonial Architecture
- Craftsman Architecture
- Slab Foundation
- Frame Construction
Interior Spaces
- Property has 2 Levels
- Central Vacuum
- Crown Molding
- 2 Fireplaces
- Awning
- Family Room
- Living Room
- Formal Dining Room
- Den
- Library
- Unfinished Basement
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Kitchen Island
- Upgraded Countertops
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
Outdoor Features
- Balcony
- Deck
- Wrap Around Porch
Schools
- Bear Tavern Elementary School
- Timberlane Middle School
- Hopewell High School
Utilities
- Forced Air Heating and Cooling System
- Cooling System Utilizes Natural Gas
- Water Treatment System
- Well
- Electric Water Heater
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 00001
- Assessor Parcel Number 06-00089 02-00001
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $21,963 | $695,700 | $259,600 | $436,100 |
| 2024 | $21,261 | $695,700 | $259,600 | $436,100 |
| 2023 | $21,261 | $695,700 | $259,600 | $436,100 |
| 2022 | $20,822 | $695,700 | $259,600 | $436,100 |
| 2021 | $21,281 | $695,700 | $259,600 | $436,100 |
| 2020 | $20,767 | $695,700 | $259,600 | $436,100 |
| 2019 | $20,259 | $695,700 | $259,600 | $436,100 |
| 2018 | $19,883 | $695,700 | $259,600 | $436,100 |
| 2017 | $19,340 | $695,700 | $259,600 | $436,100 |
| 2016 | $18,283 | $695,700 | $259,600 | $436,100 |
| 2015 | $18,471 | $695,700 | $259,600 | $436,100 |
| 2014 | $18,088 | $695,700 | $259,600 | $436,100 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2025 08/01/25 | For Sale | $1,290,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $720,000 | First American Title Ins Co | |
| Deed | $750,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $75,800 | Credit Line Revolving | |
| Open | $545,000 | New Conventional | |
| Closed | $576,000 | New Conventional | |
| Previous Owner | $410,000 | No Value Available |
Source: Bright MLS
MLS Number: NJME2063240
APN: 06-00089-02-00001
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