$529,990
SOLD APR 21, 2025

116 Pennington Ave Egg Harbor Township, NJ 08234

4 Beds
2.5 Baths
2,340 Sq Ft
0.3 Acres

Recently Sold

$226 Per Sq Ft

18% Below List Price

103 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • Wooded Lot
  • Egg Harbor Township High School Rated A
  • Contemporary Architecture
  • No HOA

About This Home

As of April 2025

NEW CONSTRUCTION UNDERWAY on a beautifully wooded street of existing homes conveniently located in Egg Harbor Township, NJ. Move-in Ready Early 2025.

Enjoy easy access to the Garden State Parkway & AC Expressway for easy commuting to Northern New Jersey, Philadelphia, Atlantic City and Jersey Shore destinations. Those feeling lucky or in the mood for exciting nightlife or live music can take a short drive to Atlantic City. If you are looking for something more relaxing, Ocean City’s tranquil beach and boardwalk are a perfect nearby destination. Looking to travel? Atlantic City International Airport is only a 10-mile drive. Living in Atlantic County offers a variety of ways to help make your new house a home.

The Galen by D.R. Horton is a stunning new construction home plan featuring 2,340 square feet of living space, 4 bedrooms, 2.5 baths and a 2-car garage. The Galen is popular for a reason! Off the foyer is the flex room, use this space can be used as a dining room, home office or children’s play area! The kitchen featuring a large, modern island opens up to the dining area and great room, you will never have to miss a beat. Upstairs, the four bedrooms provide enough space for everyone, and the second floor laundry room simplifies an everyday chore! Full Basement Included!

*Your new home also comes complete with our Smart Home System featuring a Qolsys IQ Panel, Honeywell Z-Wave Thermostat, Amazon Echo Pop, Video doorbell, Eaton Z-Wave Switch and Kwikset Smart Door Lock. Ask about customizing your lighting experience with our Deako Light Switches, compatible with our Smart Home System! **Photos representative of plan only and may vary as built. **Now offering closing cost incentives with use of preferred lender. See Sales Representatives for details and to book your appointment today!

Last Agent to Sell the Property

Randi Yoshioka

D.R. Horton Realty of New Jersey License #1864886 Listed on: 10/26/2024

Last Buyer's Agent

Stella Oluwaseun-Apo

Weichert Realtors-Princeton Junction License #0123709

Weichert Realtors-Princeton Junction

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,124

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 0.3 Acre Lot
  • Infill Lot
  • Sprinkler System
  • Wooded Lot
  • Property is in excellent condition

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Contemporary Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,340 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Recessed Lighting
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Built by DR HORTON
  • Egg Harbor Twp Subdivision, Galen Floorplan

Listing and Financial Details

  • Tax Lot 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,124

Year Built

Built in 2025 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Upper 1
  • Federal Flood Zone: No
  • Year Built: 2025
  • Automatically Close On Close Date: No
  • Remarks Public: NEW CONSTRUCTION UNDERWAY on a beautifully wooded street of existing homes conveniently located in Egg Harbor Township, NJ. Move-in Ready Early 2025. Enjoy easy access to the Garden State Parkway & AC Expressway for easy commuting to Northern New Jersey, Philadelphia, Atlantic City and Jersey Shore destinations. Those feeling lucky or in the mood for exciting nightlife or live music can take a short drive to Atlantic City. If you are looking for something more relaxing, Ocean City’s tranquil beach and boardwalk are a perfect nearby destination. Looking to travel? Atlantic City International Airport is only a 10-mile drive. Living in Atlantic County offers a variety of ways to help make your new house a home. The Galen by D.R. Horton is a stunning new construction home plan featuring 2,340 square feet of living space, 4 bedrooms, 2.5 baths and a 2-car garage. The Galen is popular for a reason! Off the foyer is the flex room, use this space can be used as a dining room, home office or children’s play area! The kitchen featuring a large, modern island opens up to the dining area and great room, you will never have to miss a beat. Upstairs, the four bedrooms provide enough space for everyone, and the second floor laundry room simplifies an everyday chore! Full Basement Included! *Your new home also comes complete with our Smart Home System featuring a Qolsys IQ Panel, Honeywell Z-Wave Thermostat, Amazon Echo Pop, Video doorbell, Eaton Z-Wave Switch and Kwikset Smart Door Lock. Ask about customizing your lighting experience with our Deako Light Switches, compatible with our Smart Home System! **Photos representative of plan only and may vary as built. **Now offering closing cost incentives with use of preferred lender. See Sales Representatives for details and to book your appointment today!
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Oven/Range - Gas, Stainless Steel Appliances
  • Interior Amenities: Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Pantry, Recessed Lighting, Sprinkler System, Walk-In Closet(s)
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2340
  • Living Area Sq Ft: 2340
  • Price Per Sq Ft: 226.49
  • Above Grade Finished Sq Ft: 2340
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 116

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Upper Level Full Bathrooms: 2
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • 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: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: EGG HARBOR TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396910
  • School District Source: Listing Agent

Lot Info

  • Lot Features: Trees/Wooded
  • Lot Size Acres: 0.30
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13068.00
  • Property Condition: Excellent
  • Zoning: RES

Green Features

  • R Factor Ceilings: R-49
  • R Factor Ext Walls: R-19

Building Info

  • Builder Name: DR HORTON

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Lot: 4
  • Tax Year: 2025
  • Close Date: 04/21/2025

MLS Schools

  • School District Name: EGG HARBOR TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2024
Closed on
Apr 14, 2025
Sold by
Dr Horton Inc-New Jersey
Bought by
Uduma Charles Enyioma
Seller's Agent
Randi Yoshioka
D.R. Horton Realty of New Jersey
Buyer's Agent
Stella Oluwaseun-Apo
Weichert Realtors-Princeton Junction
List Price
$649,990
Sold Price
$529,990
Premium/Discount to List
-$120,000
-18.46%
Views
106
Current Estimated Value
$519,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,990
Avg. Annual Appreciation
-7.74%
Original Mortgage
$503,491
Outstanding Balance
$503,048
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$15,952

Purchase Details

Closed on
Oct 10, 2024
Sold by
Bvm Development Llc
Bought by
Dr Horton Inc-New Jersey

Purchase Details

Listed on
Oct 23, 2023
Closed on
Dec 20, 2023
Sold by
Jones Wayne S
Bought by
Bvm Development Llc
Seller's Agent
Michael Kravchak
eXp Realty - Montclair
Buyer's Agent
BRIAN MUSTO
ROYAL ONE REALTY
List Price
$65,000
Sold Price
$65,000
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
263.42%
Original Mortgage
$400,000
Interest Rate
7.22%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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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 $529,990 Dhi Title
Deed $240,000 None Listed On Document
Deed $240,000 None Listed On Document
Bargain Sale Deed $65,000 Shore Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $503,491 New Conventional
Previous Owner $400,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2025 04/21/25 Sold $529,990 0.0% $226 / Sq Ft
02/06/2025 02/06/25 Pending -- -- --
11/23/2024 11/23/24 Price Changed $529,990 -18.5% $226 / Sq Ft
10/26/2024 10/26/24 For Sale $649,990 +900.0% $278 / Sq Ft
12/15/2023 12/15/23 Sold $65,000 0.0% --
10/27/2023 10/27/23 Pending -- -- --
10/23/2023 10/23/23 For Sale $65,000 -- --
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
2024 $1,124 $33,500 $33,500 $0
2023 $1,117 $33,500 $33,500 $0
2022 $1,117 $33,500 $33,500 $0
2021 $1,126 $33,500 $33,500 $0
2020 $1,106 $33,500 $33,500 $0
2019 $1,076 $33,500 $33,500 $0
2018 $1,053 $33,500 $33,500 $0
2017 $1,049 $33,500 $33,500 $0
2016 $1,007 $33,500 $33,500 $0
2015 $993 $33,500 $33,500 $0
2014 $973 $33,500 $33,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJAC2015418

Bright MLS

APN: 08-02803-0000-00004