$82,000
SOLD JUN 24, 2025

503 Pennington Dr Westampton, NJ 08060

0.23 Acre
$356,522 Price per Acre
10,050 Sq Ft Lot

Recently Sold

$43 Per Sq Ft

9% Above List Price

23 Days on Market

About This Lot

As of June 2025

Discover the potential of Lot 503 Pennington Drive, located in a quiet, established neighborhood in Westampton Township. Previously the site of a single-family home, this residentially zoned (R2) lot offers a rare opportunity for builders, investors, or future homeowners to bring their vision to life.
Please note: The property is being sold strictly as-is. A fire destroyed the previous structure, and the lot is currently vacant. No documentation or survey is available; buyers are responsible for performing their due diligence with Westampton Township zoning and planning departments to confirm any intended use or redevelopment possibilities.
Whether you're looking to rebuild a custom home or add to your investment portfolio, this lot is ready for your ideas. Conveniently located near major highways, shopping, and schools, it's a prime location with strong potential. The Car is excluded from the sale.

Don’t miss your chance to secure land in this desirable area – contact us today for more information!

Last Agent to Sell the Property

Nativita Warner

Keller Williams Premier License #1329820 Listed on: 04/16/2025

Keller Williams Premier

Last Buyer's Agent

Craig Roloff

RE/MAX Of Cherry Hill License #9480662

RE/MAX Of Cherry Hill

Property Details

Property Type

  • Land

Lot Details

  • 10,050 Sq Ft Lot
  • Lot Dimensions are 75.00 x 134.00
  • Property is zoned R-2

Community Details

  • No Home Owners Association
  • Holly Hills Subdivision

Listing and Financial Details

  • Tax Lot 00007
  • Assessor Parcel Number 37-01402-00007

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Automatically Close On Close Date: No
  • Remarks Public: Discover the potential of Lot 503 Pennington Drive, located in a quiet, established neighborhood in Westampton Township. Previously the site of a single-family home, this residentially zoned (R2) lot offers a rare opportunity for builders, investors, or future homeowners to bring their vision to life. Please note: The property is being sold strictly as-is. A fire destroyed the previous structure, and the lot is currently vacant. No documentation or survey is available; buyers are responsible for performing their due diligence with Westampton Township zoning and planning departments to confirm any intended use or redevelopment possibilities. Whether you're looking to rebuild a custom home or add to your investment portfolio, this lot is ready for your ideas. Conveniently located near major highways, shopping, and schools, it's a prime location with strong potential. The Car is excluded from the sale. Don’t miss your chance to secure land in this desirable area – contact us today for more information!
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 8.06
  • Street Number Modifier: 503

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: WESTAMPTON TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396646
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.23
  • Lot Dimensions: 75.00 x 134.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10050.00
  • Year Assessed: 2024
  • Zoning: R-2
  • Farmland Preservation: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5609.00
  • Assessor Parcel Number: 37-01402-00007
  • Tax Lot: 00007
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 06/24/2025

MLS Schools

  • School District Name: WESTAMPTON TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2025
Closed on
May 27, 2025
Sold by
Leung Shun Ying and Leung Daisy Siu
Bought by
Stephen Rizzo Inc
Seller's Agent
Nativita Warner
Keller Williams Premier
Buyer's Agent
Craig Roloff
RE/MAX Of Cherry Hill
List Price
$75,000
Sold Price
$82,000
Premium/Discount to List
$7,000
9.33%
Views
63

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
240295135.88%

Purchase Details

Closed on
Jun 27, 1996
Sold by
Spears Karen C
Bought by
Leung Shun Ying

Purchase Details

Closed on
Feb 27, 1995
Sold by
Spears Robert S and Lupton Robin S
Bought by
Spears Karen C
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $81,000 Federation Title
Deed $105,000 Surety Title Corporation
Interfamily Deed Transfer -- Legal Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $200,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2025 07/05/25 Price Changed $81,000 -1.2% $42 / Sq Ft
06/24/2025 06/24/25 Sold $82,000 +9.3% $43 / Sq Ft
04/16/2025 04/16/25 For Sale $75,000 -- $39 / 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 $5,398 $199,700 $76,000 $123,700
2023 $5,398 $199,700 $76,000 $123,700
2022 $5,128 $199,700 $76,000 $123,700
2021 $4,541 $199,700 $76,000 $123,700
2020 $4,919 $199,700 $76,000 $123,700
2019 $4,819 $199,700 $76,000 $123,700
2018 $4,757 $199,700 $76,000 $123,700
2017 $4,631 $199,700 $76,000 $123,700
2016 $4,545 $199,700 $76,000 $123,700
2015 $4,457 $199,700 $76,000 $123,700
2014 $4,343 $199,700 $76,000 $123,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2085246

Bright MLS

APN: 37-01402-0000-00007