NOT LISTED FOR SALE

2518 Pennington Rd Pennington, NJ 08534

Estimated Value: $244,000 - $329,000

2 Beds
1 Bath
800 Sq Ft
$374/Sq Ft Est. Value

Last Sold May 06, 2021

Last sale price $215,000 $269 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,124/month

74 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • 1 Car Detached Garage
  • Hopewell Valley Central High School Rated A
  • Screened Porch
  • Living Room

About This Home

As of May 2021

Not a fan of condo or townhome living? Well then here is the opportunity you have been waiting for! Completely renovated - nothing to do but unpack! This charming bungalow offers the new owner both a modern and beautifully appointed kitchen and bath (check out the rainfall shower head!), front screened-in porch, rear covered deck, and upstairs laundry! And don't worry about storage - thanks to the full basement and detached garage that won't be an issue. Located in the highly desired Hopewell Valley Regional School District, convenient to restaurants & shopping, and with easy access to all major roadways, NJ Transit, and a regional airport, 2518 Pennington Rd is not to be missed! Zoned H-B-O. Buyer to confirm acceptable use. Cross-listed MLS# NJME307050

Last Agent to Sell the Property

Jonathan Lamond

(609) 493-5450 jonathan@nexthomeessentialrealty.com NextHome Essential Realty License #791980 Listed on: 01/02/2021

NextHome Essential Realty

Last Buyer's Agent

Jonathan Lamond

(609) 493-5450 jonathan@nexthomeessentialrealty.com NextHome Essential Realty License #791980 Listed on: 01/02/2021

NextHome Essential Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,057

Year Built

  • Built in 1920

Lot Details

  • 0.54 Acre Lot
  • West Facing Home
  • Property is zoned HBO

Parking

  • 1 Car Detached Garage
  • 4 Driveway Spaces
  • Front Facing Garage
  • Gravel Driveway

Home Design

  • Bungalow
  • Entry on the 1st floor
  • Frame Construction
  • Pitched Roof

Interior Spaces

  • 800 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Screened Porch
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Timberlane Middle School
  • Hv Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Natural Gas Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00004
  • Assessor Parcel Number 06-00078-00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,057

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Entry Floor: 1
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Levels Count: 2
  • Room List: Living Room, Bedroom 2, Kitchen, Bedroom 1, Bathroom 1, Screened Porch
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 800
  • Living Area Sq Ft: 800
  • Price Per Sq Ft: 286.25
  • Above Grade Finished Sq Ft: 800
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Gravel Driveway
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Detached Garage
  • Number of Spaces in Driveway: 4

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: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: HV CENTRAL
  • Middle Or Junior School: TIMBERLANE M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 58400.00
  • Land Assessed Value: 144800.00
  • Lot Size Acres: 0.54
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23435.00
  • Zoning: HBO

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2124311
  • Tax Annual Amount: 6057.00
  • Assessor Parcel Number: 06-00078-00004
  • Tax Lot: 00004
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2023
Sold by
Beamon Kelly
Bought by
Beamon Kelly and Akinti Ada
Current Estimated Value
$299,454

Purchase Details

Listed on
Jan 2, 2021
Closed on
May 4, 2021
Sold by
2518 Pennington Llc
Bought by
Beamon Kelly
Seller's Agent
Jonathan Lamond
NextHome Essential Realty
Buyer's Agent
Jonathan Lamond
NextHome Essential Realty
List Price
$229,000
Sold Price
$215,000
Premium/Discount to List
-$14,000
-6.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%

Purchase Details

Listed on
Jun 4, 2020
Closed on
Jul 28, 2020
Sold by
Nemeth Jules C and Nemeth Sharon
Bought by
2518 Pennington Llc
Seller's Agent
Sue Havens
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Susan Hughes
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$139,000
Sold Price
$115,000
Premium/Discount to List
-$24,000
-17.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
127.80%

Purchase Details

Closed on
Oct 17, 1994
Sold by
Vanhorn Mildred
Bought by
Nemeth Jules and Nemeth Sharon
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Beamon Kelly -- None Listed On Document
Beamon Kelly $215,000 Emerald Title Agency Llc
2518 Pennington Llc $115,000 Foundation Title Llc
Nemeth Jules $50,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2021 05/06/21 Sold $215,000 -6.1% $269 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
01/02/2021 01/02/21 For Sale $229,000 +99.1% $286 / Sq Ft
08/03/2020 08/03/20 Sold $115,000 -10.9% -- View Prior Sale
07/15/2020 07/15/20 Pending -- -- --
07/09/2020 07/09/20 Price Changed $129,000 -7.2% --
06/04/2020 06/04/20 For Sale $139,000 -- --
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 $6,415 $203,200 $144,800 $58,400
2024 $6,210 $203,200 $144,800 $58,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME306324

Bright MLS

APN: 06-00078-0000-00004