NOT LISTED FOR SALE

2 E Acres Dr Pennington, NJ 08534

Estimated Value: $811,000 - $956,042

5 Beds
3.5 Baths
2,850 Sq Ft
$317/Sq Ft Est. Value

Last Sold August 23, 2024

Last sale price $870,000 $305 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,056/month

37 Days on Market

Highlights

  • Cape Cod Architecture
  • 1 Fireplace
  • 3 Car Attached Garage
  • Hopewell Valley Central High School Rated A
  • No HOA
  • Zoned Heating and Cooling System

About This Home

As of August 2024

Back on Market!
Discover unparalleled elegance at 2 East Acres Drive, Pennington, NJ 08534. This newly renovated masterpiece sits on over an acre lot featuring five bedrooms and three and a half baths, offering a perfect blend of style and functionality. Entertain with ease in the expansive living spaces, while the finished basement provides additional recreational opportunities and storage. Bask in natural light in the inviting sunroom, a cozy living room with a fireplace and relish the three-car garage that ensures ample parking. Enjoy the convenience of two master bedroom ensuites, one upstairs and one on the main level. This residence redefines modern living with its thoughtful design and luxurious finishes. Welcome home to comfort, elegance, and sophistication at its best. Don't miss the opportunity to call this property home. (Solar Panels are fully paid off). Price increase cause Seller is paying for new septic tank installation with permits and approvals.

Last Agent to Sell the Property

Karim Ramos

(908) 664-1500 karimramos@remax.net RE/MAX First Realty II Listed on: 05/29/2024

RE/MAX First Realty II

Last Buyer's Agent

Shani Dixon

(609) 924-1600 wendy.merkovitz@foxroach.com BHHS Fox & Roach - Princeton License #1006101

BHHS Fox & Roach - Princeton

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • 1.47 Acre Lot

Parking

  • 3 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,850 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Range Hood
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

Utilities

  • Zoned Heating and Cooling System
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Elm Ridge Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06-00043 24-00040

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

1.47 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1985
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Refrigerator, Range Hood, Stove
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished, Full
  • Total Sq Ft: 2850
  • Living Area Sq Ft: 2850
  • Price Per Sq Ft: 305.26
  • Above Grade Finished Sq Ft: 2850
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Zoned
  • Heating: Yes
  • Hot Water: Electric
  • 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 Source: Listing Agent

Lot Info

  • Lot Size Acres: 1.47
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 64033.00

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 06-00043 24-00040
  • Tax Year: 2024

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2024
Closed on
Aug 28, 2024
Sold by
Rutgers Bakery & Cafe Llc
Bought by
Joson Avelino and Joson Marita L
Seller's Agent
Karim Ramos
RE/MAX First Realty II
Buyer's Agent
Shani Dixon
BHHS Fox & Roach - Princeton
List Price
$899,999
Sold Price
$870,000
Premium/Discount to List
-$29,999
-3.33%
Views
110
Current Estimated Value
$903,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,011
Avg. Annual Appreciation
2.55%

Purchase Details

Closed on
Jun 20, 2023
Sold by
Mastr Adjustable Rate Mtg Trust
Bought by
Rutgers Bakery & Cafe Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,824
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2022
Sold by
Kemler John A
Bought by
Mastr Adjustable Rate Mortgage Trust

Purchase Details

Closed on
Oct 24, 2006

Purchase Details

Closed on
Feb 28, 2003
Sold by
Desiato Lisa
Bought by
Pope Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,950
Interest Rate
5.98%

Purchase Details

Closed on
Aug 23, 1996
Sold by
Koeppe Alfred
Bought by
Desiato Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
7.76%
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Joson Avelino $870,000 Trident Land Transfer
Joson Avelino $870,000 Trident Land Transfer
Rutgers Bakery & Cafe Llc $481,110 Premium Title Services
Rutgers Bakery & Cafe Llc $481,110 Premium Title Services
Mastr Adjustable Rate Mortgage Trust $674,653 --
Mastr Adjustable Rate Mortgage Trust $674,653 None Listed On Document
-- -- --
Pope Elizabeth $448,500 --
Desiato Lisa $349,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rutgers Bakery & Cafe Llc $525,824
Previous Owner Pope Elizabeth $313,950
Previous Owner Desiato Lisa $214,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2024 08/23/24 Sold $870,000 0.0% $305 / Sq Ft
06/19/2024 06/19/24 Price Changed $869,999 -3.3% $305 / Sq Ft
05/29/2024 05/29/24 For Sale $899,999 +87.1% $316 / Sq Ft
04/17/2023 04/17/23 Sold $481,110 -4.4% $133 / Sq Ft View Prior Sale
03/27/2023 03/27/23 Pending -- -- --
03/15/2023 03/15/23 For Sale $503,500 -- $139 / Sq Ft
Source: Bright MLS

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 $16,852 $533,800 $291,200 $242,600
2024 $16,313 $533,800 $291,200 $242,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2044010

Bright MLS

APN: 06-00043-24-00040

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