NOT LISTED FOR SALE

177 E Delaware Ave Pennington, NJ 08534

Estimated Value: $567,000 - $807,996

3 Beds
2.5 Baths
-- Sq Ft
1.24 Acres

Last Sold January 22, 2021

Last sale price $270,000

Est. 166% increase in value since last sale

Current estimated payment $4,834/month

29 Days on Market

Highlights

  • Private Pool
  • 1.24 Acre Lot
  • No HOA
  • Hopewell Valley Central High School Rated A
  • Cape Cod Architecture
  • Den

About This Home

As of January 2021

Calling all contractors and go-getters! In a dream location, ready for improvements and your imagination, this Pennington Borough find is one of a kind! On an oversized, scenic, and private lot set off the road up a long driveway secluded behind trees and greenery, here is the perfect builder opportunity. Currently on the grounds are a 3 bedroom, 2.5 bath Cape Cod-style home, and a detached two-car garage. Due to the home's condition, this offering is probably better suited for someone wishing to create and design something new as repairs needed to the house are extensive. The value of this property is in its oversized lot size (1+ acre) affording so much potential for a generous return on investment. A quick commute to Princeton, within the Hopewell Valley school system, it will be tough to match this in the Borough! Significant roof and water damage. No access to second floor and limited access to first floor. Property being sold AS-IS. Electric has been shut off - all appointments during daylight hours and accompanied by listing agent. Buyer assumes responsibility for all required closing certifications. DO NOT ENTER PREMISES WITHOUT A CONFIRMED APPOINTMENT

Last Agent to Sell the Property

Martha Moseley

(609) 529-0421 mmoseley@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #0449382 Listed on: 11/17/2020

Callaway Henderson Sotheby's Int'l-Princeton

Last Buyer's Agent

David Depaola

(609) 731-0581 david@depaola.com David DePaola and Company Real Estate License #RM425333

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,241

Year Built

  • Built in 1948

Lot Details

  • 1.24 Acre Lot
  • Lot Dimensions are 240.00 x 225.00
  • Open Lot
  • Property is in below average condition
  • Property is zoned R100

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Fixer Upper
  • Frame Construction

Interior Spaces

  • Property has 2 Levels
  • Family Room
  • Dining Room
  • Den

Bedrooms and Bathrooms

Basement

  • Partial Basement
  • Exterior Basement Entry

Pool

  • Private Pool

Schools

  • Toll Gate Grammar Elementary School
  • Timberlane Middle School
  • Hoval High School

Utilities

  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 08-00405-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,241

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1948
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Room List: Dining Room, Kitchen, Family Room, Study
  • Basement: Yes
  • Basement Type: Outside Entrance, Partial
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Off Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water
  • 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

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: TOLL GATE GRAMMAR SCHOOL
  • High School: HOVAL HS
  • Middle Or Junior School: TIMBERLANE M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 96100.00
  • Land Assessed Value: 342300.00
  • Lot Features: Open
  • Lot Size Acres: 1.24
  • Lot Dimensions: 240.00 x 225.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 54000.00
  • Property Condition: Major Rehab Needed, Below Average
  • Zoning: R100

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2137605
  • Tax Annual Amount: 12241.00
  • Assessor Parcel Number: 08-00405-00001
  • Tax Lot: 00001
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/22/2021 01/22/21 Sold $270,000 -30.6% --
12/16/2020 12/16/20 Pending -- -- --
11/17/2020 11/17/20 For Sale $389,000 +29.7% --
06/27/2017 06/27/17 Sold $300,000 -8.8% $118 / Sq Ft View Prior Sale
06/25/2017 06/25/17 Price Changed $329,000 0.0% $130 / Sq Ft
05/25/2017 05/25/17 Pending -- -- --
04/25/2017 04/25/17 Price Changed $329,000 -3.8% $130 / Sq Ft
04/19/2017 04/19/17 For Sale $342,000 0.0% $135 / Sq Ft
04/14/2017 04/14/17 Price Changed $342,000 0.0% $135 / Sq Ft
03/10/2017 03/10/17 Pending -- -- --
03/03/2017 03/03/17 Price Changed $342,000 -5.0% $135 / Sq Ft
01/31/2017 01/31/17 Price Changed $359,900 -3.8% $142 / Sq Ft
01/02/2017 01/02/17 Price Changed $374,000 -6.5% $148 / Sq Ft
12/04/2016 12/04/16 Price Changed $399,900 -5.7% $158 / Sq Ft
11/01/2016 11/01/16 Price Changed $424,000 -5.8% $167 / Sq Ft
09/29/2016 09/29/16 For Sale $450,000 -- $178 / 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
2024 $13,019 $427,000 $319,300 $107,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME304502

Bright MLS

APN: 08-00405-0000-00001-01