1575 Reed Rd Pennington, NJ 08534
Pennington AreaEstimated payment $5,340/month
Highlights
- 2.45 Acre Lot
- Colonial Architecture
- Home Office
- Hopewell Valley Central High School Rated A
- No HOA
- Porch
About This Home
Live, Work & Thrive in Desirable Hopewell Township! Completely remodeled and offering exceptional flexibility, this spacious 4-bedroom, 2.5-bath Colonial sitting on 2.45 acres, is an ideal opportunity for both residential living and business use, thanks to its SI (special industrial) zoning. The street is dotted with single family homes as well as some commercial businesses. The first floor features a private office that could easily serve as a 5th bedroom if desired, along with formal living and dining rooms, an eat-in kitchen, and a large family room with a wood burning fireplace and plenty of space for gathering and entertaining. The thoughtfully updated home includes new electrical service and hot water baseboard heat. Additional highlights include a two-car garage, screened-in porch, and expansive backyard offering plenty of room for outdoor enjoyment, recreation, or future possibilities.
Enjoy an easy commute with convenient access to Route 31, I-295, Route 29, Trenton-Mercer Airport, and major train lines serving New York City and Philadelphia. The property is also conveniently located near shopping, banking, restaurants, The College of New Jersey, and Rider University. Whether you're looking for a comfortable home, a dedicated workspace, a potential 5th bedroom, or a property that can accommodate both home and business needs, this versatile Hopewell Township property offers endless possibilities. Call the zoning office to confirm if your business fits here (office space, cannabis, storage facility, restaurant, warehouse, laboratory, research, agriculture...). Come see it and imagine all that you can do here.
Listing Agent
(609) 737-1500 sawyer@corcoranss.com Corcoran Sawyer Smith - Pennington Brokerage Phone: 6097371500 License #8740002
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,989
Year Built
- Built in 1974 | Remodeled in 2026
Lot Details
- 2.45 Acre Lot
- Property is zoned SI
Parking
- 2 Car Attached Garage
- Front Facing Garage
- Driveway
Home Design
- Colonial Architecture
- Block Foundation
- Frame Construction
Interior Spaces
- 2,407 Sq Ft Home
- Property has 2 Levels
- Wood Burning Fireplace
- Family Room
- Living Room
- Dining Room
- Home Office
- Basement Fills Entire Space Under The House
- Home Security System
- Laundry on main level
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
Outdoor Features
- Screened Patio
- Porch
Schools
- Timberlane Middle School
- Central High School
Utilities
- Central Air
- Cooling System Utilizes Natural Gas
- Heating System Uses Natural Gas
- Hot Water Baseboard Heater
- Well
- Natural Gas Water Heater
- Septic Equal To The Number Of Bedrooms
Community Details
- No Home Owners Association
Listing and Financial Details
- Coming Soon on 9/16/26
- Tax Lot 00038
- Assessor Parcel Number 06-00091-00038
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $14,963 | $461,100 | $208,700 | $252,400 |
| 2025 | $14,963 | $461,100 | $208,700 | $252,400 |
| 2024 | $14,091 | $461,100 | $208,700 | $252,400 |
| 2023 | $14,091 | $461,100 | $208,700 | $252,400 |
| 2022 | $13,801 | $461,100 | $208,700 | $252,400 |
| 2021 | $14,105 | $461,100 | $208,700 | $252,400 |
| 2020 | $13,764 | $461,100 | $208,700 | $252,400 |
| 2019 | $13,427 | $461,100 | $208,700 | $252,400 |
| 2018 | $13,178 | $461,100 | $208,700 | $252,400 |
| 2017 | $12,819 | $461,100 | $208,700 | $252,400 |
| 2016 | $12,118 | $461,100 | $208,700 | $252,400 |
| 2015 | $12,242 | $461,100 | $208,600 | $252,500 |
| 2014 | $11,989 | $461,100 | $208,600 | $252,500 |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $400,000 | Etitle Solutions | |
| Deed | $244,500 | -- | |
| Quit Claim Deed | $800 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $360,000 | New Conventional |
About the Listing Agent
Meet Elisabeth Kerr – Your Trusted Real Estate Professional Since 1988
Real estate isn't just my career—it's my passion. Since becoming licensed in 1988, I have dedicated myself full-time to helping homeowners successfully sell their properties and assisting buyers in finding the perfect place to call home.
Living on a working farm has taught me the value of hard work, commitment, and building lasting relationships. When I'm not helping clients navigate the real estate market, you'll
Elisabeth's Other Listings
Source: Bright MLS
MLS Number: NJME2083086
APN: 06-00091-0000-00038
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Ask me questions while you tour the home.