$470,000
SOLD OCT 28, 2024

11 Poor Farm Rd Pennington, NJ 08534

4 Beds
3 Baths
1,914 Sq Ft
3.84 Acres

Recently Sold

$246 Per Sq Ft

32% Below List Price

119 Days on Market

Highlights

  • 3.84 Acre Lot
  • No HOA
  • Central Air
  • Hopewell Valley Central High School Rated A
  • 2 Car Attached Garage
  • Heating System Powered By Owned Propane

About This Home

As of October 2024

PRICE REDUCED!! Owners want to sell!! This is a great house in Pennington with an in-law suite!! Almost four acres of property in Hopewell Township with a stream! Being sold "as is" to settle an estate. House has great bones; just needs a little updating! Alarm system. Propane fuel. Beautiful hardwood floors! Brick and aluminum construction. Two story, two car garage. Upper level has three bedrooms, two full baths, laundry room, eat in kitchen, dining room and living room with stove. Lower level has one bedroom, one full bath, kitchen, laundry room and living room with stove. House has abundant storage, including huge attic, storage room off of the garage with sink and master bedroom walk in closet!

Last Agent to Sell the Property

Jamie Walter

(609) 731-1191 jbonanniwalter@gmail.com Jamie Walter License #SB065336 Listed on: 05/22/2024

Last Buyer's Agent

Rebecca Matyash

(732) 718-3404 rmatyash@gmail.com Keller Williams Greater Brunswick License #1111723

Keller Williams Greater Brunswick

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,492

Year Built

  • Built in 1985

Lot Details

  • 3.84 Acre Lot
  • Property is zoned VRC

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Brick Foundation
  • Frame Construction

Interior Spaces

  • 1,914 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

Utilities

  • Central Air
  • Heating System Powered By Owned Propane
  • Well
  • Propane Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00056 03
  • Assessor Parcel Number 06-00051-00056 03

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,492

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1985
  • Remarks Public: PRICE REDUCED!! Owners want to sell!! This is a great house in Pennington with an in-law suite!! Almost four acres of property in Hopewell Township with a stream! Being sold "as is" to settle an estate. House has great bones; just needs a little updating! Alarm system. Propane fuel. Beautiful hardwood floors! Brick and aluminum construction. Two story, two car garage. Upper level has three bedrooms, two full baths, laundry room, eat in kitchen, dining room and living room with stove. Lower level has one bedroom, one full bath, kitchen, laundry room and living room with stove. House has abundant storage, including huge attic, storage room off of the garage with sink and master bedroom walk in closet!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1914
  • Living Area Sq Ft: 1914
  • Price Per Sq Ft: 287.30
  • Above Grade Finished Sq Ft: 1914
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Propane - Owned
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: HOPEWELL VALLEY REGIONAL SCHOOLS
  • School District Key: 300200397266
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 3.84
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 167183.00
  • Year Assessed: 2023
  • Zoning: VRC

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 16492.00
  • Assessor Parcel Number: 06-00051-00056 03
  • Tax Lot: 00056 03
  • Tax Total Finished Sq Ft: 1914
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 10/28/2024

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2024
Closed on
Oct 24, 2024
Sold by
Giovannetti Emily and Giovannetti Donna
Bought by
Price Zachary and Pluck Devon
Seller's Agent
Jamie Walter
Jamie Walter
Buyer's Agent
Rebecca Matyash
Keller Williams Greater Brunswick
List Price
$695,000
Sold Price
$470,000
Premium/Discount to List
-$225,000
-32.37%
Views
138
Current Estimated Value
$563,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,260
Avg. Annual Appreciation
20.99%
Original Mortgage
$423,000
Outstanding Balance
$418,711
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$144,549
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $470,000 Foundation Title
Deed $470,000 Foundation Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $423,000 New Conventional
Closed $423,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2024 10/28/24 Sold $470,000 -14.5% $246 / Sq Ft
08/09/2024 08/09/24 Price Changed $549,900 -7.6% $287 / Sq Ft
07/25/2024 07/25/24 Price Changed $595,000 -8.4% $311 / Sq Ft
07/11/2024 07/11/24 Price Changed $649,900 -6.5% $340 / Sq Ft
05/22/2024 05/22/24 For Sale $695,000 -- $363 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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 $17,038 $539,700 $303,100 $236,600
2024 $16,493 $539,700 $303,100 $236,600
2023 $16,493 $539,700 $303,100 $236,600
2022 $16,153 $539,700 $303,100 $236,600
2021 $16,509 $539,700 $303,100 $236,600
2020 $15,860 $539,700 $303,100 $236,600
2019 $15,716 $539,700 $303,100 $236,600
2018 $15,425 $539,700 $303,100 $236,600
2017 $15,004 $539,700 $303,100 $236,600
2016 $14,183 $539,700 $303,100 $236,600
2015 $14,079 $539,700 $303,100 $236,600
2014 $13,782 $539,700 $303,100 $236,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2043716

Bright MLS

APN: 06-00051-0000-00056-03