NOT LISTED FOR SALE

293 Pennington Lawrenceville Rd Pennington, NJ 08534

Estimated Value: $1,044,000

0.88 Acre
$1,186,364 Price per Acre
38,333 Sq Ft Lot

Last Sold November 22, 2023

Last sale price $250,000

Est. 318% increase in value since last sale

Current estimated payment $5,920/month

10 Days on Market

About This Lot

As of November 2023

Looking for the perfect place to build your dream home? Your search ends here. We present to you an exceptional opportunity – an almost 1-acre flag lot with Public water & sewer in picturesque Hopewell Township. Create the perfect retreat among the tranquil wooded surroundings. Design your own sanctuary, with a cozy ranch home or a grand spacious estate. Close to downtown Pennington and 18 minutes to Princeton. Easy commuting with nearby I-295, Hamilton Train Station and the Trenton/Mercer airport. Hopewell Township schools.
Act fast – opportunities like this won't last long.

Last Agent to Sell the Property

Elisabeth Kerr

Corcoran Sawyer Smith License #8740002 Listed on: 09/22/2023

Last Buyer's Agent

Joseph G Buono

RE/MAX Diamond Realtors

RE/MAX Diamond Realtors

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,391

Lot Details

  • 0.88 Acre Lot

Schools

  • Stony Brook Elementary School
  • Timberlane Middle School
  • Central High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00054 01
  • Assessor Parcel Number 06-00078 43-00054 01

Property Details

Property Type

Land

Est. Annual Taxes

$2,391

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Current Use: Residential
  • Inclusions: public water, public sewer, survey with building envelope
  • Expected On Market: 2023-09-22
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 5.09
  • Street Number Modifier: 293

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: HOPEWELL VALLEY REGIONAL SCHOOLS
  • Elementary School: STONY BROOK E.S.
  • Middle School: TIMBERLANE M.S.
  • High School: CENTRAL H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397266
  • School District Source: Listing Agent
  • Elementary School: STONY BROOK E.S.
  • High School: CENTRAL H.S.
  • Middle Or Junior School: TIMBERLANE M.S.

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.88
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 38333.00
  • Year Assessed: 2022
  • Zoning: RES
  • Farmland Preservation: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2391.00
  • Assessor Parcel Number: 06-00078 43-00054 01
  • Tax Lot: 00054 01
  • Tax Year: 2022
  • Close Date: 11/22/2023

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2023
Closed on
Nov 8, 2023
Sold by
Peterson Keith
Bought by
Peterson Keith and Gathungu Grace
Seller's Agent
Elisabeth Kerr
Corcoran Sawyer Smith
Buyer's Agent
Joseph G Buono
RE/MAX Diamond Realtors
List Price
$195,000
Sold Price
$250,000
Premium/Discount to List
$55,000
28.21%
Views
39
Current Estimated Value
$1,044,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$794,000
Avg. Annual Appreciation
124.02%
Original Mortgage
$200,000
Interest Rate
9.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2021
Sold by
Peterson Keith and Peterson Leigh
Bought by
Peterson Keith
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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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
Peterson Keith $250,000 Foundation Title
Peterson Keith -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ngugi Nducu $717,799
Previous Owner Peterson Keith $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2023 11/22/23 Sold $250,000 +28.2% --
10/03/2023 10/03/23 Pending -- -- --
09/22/2023 09/22/23 For Sale $195,000 -- --
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
2024 $2,442 $79,900 $79,900 $0
2023 $2,442 $79,900 $79,900 $0
2022 $2,391 $79,900 $79,900 $0
2021 $2,444 $79,900 $79,900 $0
2020 $2,304 $79,900 $79,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Elisabeth Kerr

    Seller's Agent in 2023

    Elisabeth Kerr

    Corcoran Sawyer Smith

    (609) 306-5432

    53 in this area

    122 Total Sales

    Section Image
  • Joseph G Buono

    Buyer's Agent in 2023

    Joseph G Buono

    RE/MAX

    (732) 297-1100

    2 in this area

    141 Total Sales

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Map

Source: Bright MLS

MLS Number: NJME2035306

Bright MLS

APN: 06-00078-43-00054-01

New Jersey Mercer County Pennington 08534

293 Pennington Lawrenceville Rd, Pennington, NJ

This home is located at 293 Pennington Lawrenceville Rd, Pennington, NJ 08534 since 22 September 2023 and is currently estimated at $1,044,000. 293 Pennington Lawrenceville Rd is a home located in Mercer County with nearby schools including Hopewell Valley Central High School, Guidepost Montessori at Lawrenceville, and The Laurel School of Princeton.

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