$166,000
SOLD FEB 19, 2025

51 Woolsey Ct Pennington, NJ 08534

1 Bed
1 Bath
764 Sq Ft
$259/mo HOA Fee

Recently Sold

$217 Per Sq Ft

84 Days on Market

Highlights

  • No Units Above
  • Contemporary Architecture
  • Halls are 36 inches wide or more
  • Active Adult
  • Community Center
  • Forced Air Heating and Cooling System

About This Home

As of February 2025

Wonderful Moderate Income unit. Parking for this one is right in front. Owner had a easy entrance shower installed, the unit has also been painted. There will be a required qualification by the agency which administers the affordable units in this area - See info below. Avail to be seen now. Rare opportunity in this incredibly popular adult community - Pennington Point.

We are allowing the property to be looked at by interested buyers, but they must qualify to make any offer. Here is the info the agency that controls these sales sent me. :

The buyer must be income certified as a Moderate-income household. Visit affordablehomesnewjersey.com for more information about income limits, how to submit a preliminary application, and other information about purchasing a deed restricted affordable home.
THERE IS a procedure to be able to purchase an affordable home in this location:
1. Submit a preliminary application at affordablehomesnewjersey.com
2. Join the Pennington Ownership waiting list
3. If you qualify to purchase the home, it will appear on your Affordable Homes New Jersey Profile. You should click “Submit an Interest Form.”
4. They will review your submission.
5. If you need assistance, you may email homes@cgph.net. for help.

Last Agent to Sell the Property

Tom McGann

Market Advantage Real Estate License #7856638 Listed on: 09/10/2024

Last Buyer's Agent

Tom McGann

Market Advantage Real Estate License #7856638 Listed on: 09/10/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,024

Year Built

  • Built in 1995

Lot Details

  • No Units Above
  • No Units Located Below
  • Two or More Common Walls

HOA Fees

  • $259 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 764 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • Free Parking
  • Paved Parking
  • Off-Street Parking
  • 2 Assigned Parking Spaces

Accessible Home Design

  • Halls are 36 inches wide or more

Schools

  • Timberlane Middle School
  • Hopewell High School

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • 100 Amp Service
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 00004
  • Assessor Parcel Number 08-00102 03-00004

Community Details

Overview

  • Active Adult
  • $460 Capital Contribution Fee
  • Association fees include lawn maintenance, management, parking fee, recreation facility, reserve funds, road maintenance, sewer, snow removal, trash, water
  • Senior Community | Residents must be 55 or older
  • Low-Rise Condominium
  • Pennington Point Subdivision
  • Property Manager

Amenities

  • Common Area
  • Community Center
  • Party Room

Security

  • Fenced around community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,024

Year Built

Built in 1995

Lot Details

0

HOA Fees

$259 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: 36"+ Wide Halls
  • Ownership: Fee Simple
  • Inclusions: Washer, Dryer, Refrigerator, Gas Range, Dishwasher
  • New Construction: No
  • Story List: Main
  • Year Built: 1995
  • Automatically Close On Close Date: No
  • Remarks Public: Wonderful Moderate Income unit. Parking for this one is right in front. Owner had a easy entrance shower installed, the unit has also been painted. There will be a required qualification by the agency which administers the affordable units in this area - See info below. Avail to be seen now. Rare opportunity in this incredibly popular adult community - Pennington Point. We are allowing the property to be looked at by interested buyers, but they must qualify to make any offer. Here is the info the agency that controls these sales sent me. : The buyer must be income certified as a Moderate-income household. Visit affordablehomesnewjersey.com for more information about income limits, how to submit a preliminary application, and other information about purchasing a deed restricted affordable home. THERE IS a procedure to be able to purchase an affordable home in this location: 1. Submit a preliminary application at affordablehomesnewjersey.com 2. Join the Pennington Ownership waiting list 3. If you qualify to purchase the home, it will appear on your Affordable Homes New Jersey Profile. You should click “Submit an Interest Form.” 4. They will review your submission. 5. If you need assistance, you may email homes@cgph.net. for help.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Fireplace: No
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Foundation Details: Slab
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 764
  • Living Area Sq Ft: 764
  • Price Per Sq Ft: 217.86
  • Above Grade Finished Sq Ft: 764
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 51

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned, Free, Paved Driveway, Paved Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Off Street
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Under Ground, Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 258.81
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Community Center, Fencing, Party Room
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Management, Parking Fee, Recreation Facility, Reserve Funds, Road Maintenance, Sewer, Snow Removal, Trash, Water
  • HOA: Yes
  • Senior Community Age Requirement: 55
  • Senior Community: Yes

Fee Information

  • Capital Contribution Fee: 460.00

Schools

  • School District: HOPEWELL VALLEY REGIONAL SCHOOLS
  • Middle School: TIMBERLANE M.S.
  • High School: HOPEWELL
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397266
  • School District Source: Listing Agent
  • High School: HOPEWELL
  • Middle Or Junior School: TIMBERLANE M.S.

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Year Assessed: 2023
  • Zoning: RES

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 3024.00
  • Assessor Parcel Number: 08-00102 03-00004
  • Tax Lot: 00004
  • Tax Total Finished Sq Ft: 764
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 02/19/2025

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2024
Closed on
Feb 12, 2025
Sold by
Moore Beverly Beekman and Moore Beverly B
Bought by
Karabulut Lusin
Seller's Agent
Tom McGann
Market Advantage Real Estate
Buyer's Agent
Tom McGann
Market Advantage Real Estate
List Price
$166,443
Sold Price
$166,000
Premium/Discount to List
-$443
-0.27%
Views
181
Current Estimated Value
$169,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,828
Avg. Annual Appreciation
4.40%
Original Mortgage
$0
Interest Rate
7.04%

Purchase Details

Listed on
Feb 15, 2018
Closed on
Aug 23, 2018
Sold by
Pontani Carolyn L and Innocenzi Phyllis
Bought by
Moore Beverly B
Seller's Agent
Lisa Goetz
Weichert Realtors - Princeton
Buyer's Agent
Tom McGann
Market Advantage Real Estate
List Price
$136,700
Sold Price
$127,000
Premium/Discount to List
-$9,700
-7.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.21%
Original Mortgage
$37,800
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 15, 1995
Sold by
Genl Pennington Pt
Bought by
Innocenzi Phyllis
Source: Public Records

Range of Values:

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Average Value
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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 $166,000 Counsellors Title
Deed $166,000 Counsellors Title
Deed $127,000 Core Title
Deed $72,250 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 No Value Available
Open $96,000 New Conventional
Closed $96,000 New Conventional
Previous Owner $37,800 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2025 02/19/25 Sold $166,000 -0.3% $217 / Sq Ft
12/03/2024 12/03/24 Pending -- -- --
09/10/2024 09/10/24 For Sale $166,443 +31.1% $218 / Sq Ft
08/23/2018 08/23/18 Sold $127,000 -1.6% $166 / Sq Ft
07/04/2018 07/04/18 Pending -- -- --
06/08/2018 06/08/18 Price Changed $129,000 -5.6% $169 / Sq Ft
02/15/2018 02/15/18 For Sale $136,700 -- $179 / 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
2025 $3,225 $99,200 $37,500 $61,700
2024 $3,025 $99,200 $37,500 $61,700
2023 $3,025 $99,200 $37,500 $61,700
2022 $2,811 $99,200 $37,500 $61,700
2021 $2,793 $99,200 $37,500 $61,700
2020 $2,770 $99,200 $37,500 $61,700
2019 $2,718 $99,200 $37,500 $61,700
2018 $2,657 $99,200 $37,500 $61,700
2017 $3,045 $99,200 $37,500 $61,700
2016 $2,634 $99,200 $37,500 $61,700
2015 $2,637 $99,200 $37,500 $61,700
2014 $2,581 $99,200 $37,500 $61,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2048568

Bright MLS

APN: 08-00102-03-00004