$525,000
SOLD JUN 27, 2025

131 W Franklin Ave Pennington, NJ 08534

4 Beds
2 Baths
-- Sq Ft
0.4 Acres

Recently Sold

34% Below List Price

115 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Oversized Parking
  • Hopewell Valley Central High School Rated A
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of June 2025

This traditional four square is brimming with character and waiting for someone to bring it back to its full glory! It offers a solid start, featuring new windows and some new flooring, but the kitchen and bathrooms are ready for your vision. Front and back porches make it easy to enjoy the outdoors while the deep yard awaits your landscaping ideas. Adding to its appeal is an adorable one-bedroom apartment over the two-car garage, complete with a spacious living room with built-ins, a nice-sized kitchen and dining area, and a bathroom with a full-size washer and dryer. A large, elevated deck for al fresco dining adds to its appeal. With plenty of parking for multiple cars, this property has so much to offer. This property is being sold in as-is condition.

Last Agent to Sell the Property

Brinton West

Callaway Henderson Sotheby's Int'l-Princeton License #0233274 Listed on: 01/28/2025

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

Brinton West

Callaway Henderson Sotheby's Int'l-Princeton License #0233274 Listed on: 01/28/2025

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,815

Year Built

  • Built in 1929

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 100.00 x 175.00
  • Property is zoned R100

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Side Facing Garage

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00007
  • Assessor Parcel Number 08-00102-00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,815

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional, Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1929
  • Automatically Close On Close Date: No
  • Remarks Public: This traditional four square is brimming with character and waiting for someone to bring it back to its full glory! It offers a solid start, featuring new windows and some new flooring, but the kitchen and bathrooms are ready for your vision. Front and back porches make it easy to enjoy the outdoors while the deep yard awaits your landscaping ideas. Adding to its appeal is an adorable one-bedroom apartment over the two-car garage, complete with a spacious living room with built-ins, a nice-sized kitchen and dining area, and a bathroom with a full-size washer and dryer. A large, elevated deck for al fresco dining adds to its appeal. With plenty of parking for multiple cars, this property has so much to offer. This property is being sold in as-is condition.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 131

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • 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 - Side Entry, Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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: HOPEWELL VALLEY REGIONAL SCHOOLS
  • School District Key: 300200397266
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.40
  • Lot Dimensions: 100.00 x 175.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17498.00
  • Year Assessed: 2024
  • Zoning: R100

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 17815.00
  • Assessor Parcel Number: 08-00102-00007
  • Tax Lot: 00007
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 06/27/2025

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2025
Closed on
Jun 10, 2025
Sold by
Straube Regional Center Llc
Bought by
Bruce Vinci Revocable Trust and Vinci
Seller's Agent
Brinton West
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Brinton West
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$800,000
Sold Price
$525,000
Premium/Discount to List
-$275,000
-34.38%
Views
144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
132.55%
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
Bargain Sale Deed $525,000 Westcor Land Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Sold $525,000 -10.9% --
05/23/2025 05/23/25 Pending -- -- --
05/20/2025 05/20/25 Price Changed $589,000 -9.2% --
03/22/2025 03/22/25 Price Changed $649,000 -18.9% --
01/28/2025 01/28/25 For Sale $800,000 -- --
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
2025 $17,815 $548,000 $273,600 $274,400
2024 $16,709 $548,000 $273,600 $274,400
2023 $16,709 $548,000 $273,600 $274,400
2022 $15,530 $548,000 $273,600 $274,400
2021 $15,432 $548,000 $273,600 $274,400
2020 $15,300 $548,000 $273,600 $274,400
2019 $15,015 $548,000 $273,600 $274,400
2018 $14,675 $548,000 $273,600 $274,400
2017 $16,824 $548,000 $273,600 $274,400
2016 $14,549 $548,000 $273,600 $274,400
2015 $14,566 $548,000 $273,600 $274,400
2014 $14,259 $548,000 $273,600 $274,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2053872

Bright MLS

APN: 08-00102-0000-00007