$699,000
OPEN HOUSE 9/14 COMING SOON SEP 14, 2025

540 Scotch Rd Pennington, NJ 08534

Estimated payment $4,782/month

Total Views 155
3 Beds
2 Baths
1,793 Sq Ft
4 Acres

Highlights

  • Hot Property
  • 4 Acre Lot
  • Rambler Architecture
  • Hopewell Valley Central High School Rated A
  • Open Floorplan
  • Space For Rooms

About This Home

Rare Pennington property within the Hopewell Valley Regional school system where you can be close to everything yet retreat to your own nature wonderland. This updated ranch sits on two lots totaling 4 acres. The home offers 3 bedrooms and 2 full baths as well as a bonus room with its own entrance. You can make this your primary suite, a guest area, office, playroom or another living area. The kitchen has been updated with granite countertop, tile backsplash, newer appliances and an oversized sliding door leading out to a large maintenance-free deck. Freshly painted throughout and large windows in every room to view the park like setting and abundant wildlife. The full basement offers many opportunities for additional storage, hobbies, or other rooms with interior and exterior stair access. Outside you’ll enjoy a fire pit, a fenced-in-raised bed garden, mature trees, trails for walking or ATVs as well as numerous other opportunities. The detached barn offers two large entrances as well as walk-up storage above. New septic, roof, and electric panel in 2025.

Listing Agent

Andrew Usmiani

Keller Williams Premier License #2293478 Listed on: 08/26/2025

Keller Williams Premier

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,765

Year Built

  • Built in 1950

Lot Details

  • 4 Acre Lot
  • Property is in very good condition
  • Property is zoned VRC

Parking

  • 1 Car Detached Garage
  • 10 Driveway Spaces
  • Oversized Parking
  • Front Facing Garage
  • Rear-Facing Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Block Foundation
  • Poured Concrete
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,793 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Wood Burning Fireplace
  • Family Room Off Kitchen
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Interior and Exterior Basement Entry
  • Space For Rooms

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Oil
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Coming Soon on 9/14/25
  • Tax Lot 00013
  • Assessor Parcel Number 06-00089-00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,765

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • Inclusions: Appliances
  • New Construction: No
  • Story List: Main
  • Expected On Market: 9/14/2025 12:00:00 AM
  • Year Built: 1950
  • Remarks Public: Rare Pennington property within the Hopewell Valley Regional school system where you can be close to everything yet retreat to your own nature wonderland. This updated ranch sits on two lots totaling 4 acres. The home offers 3 bedrooms and 2 full baths as well as a bonus room with its own entrance. You can make this your primary suite, a guest area, office, playroom or another living area. The kitchen has been updated with granite countertop, tile backsplash, newer appliances and an oversized sliding door leading out to a large maintenance-free deck. Freshly painted throughout and large windows in every room to view the park like setting and abundant wildlife. The full basement offers many opportunities for additional storage, hobbies, or other rooms with interior and exterior stair access. Outside you’ll enjoy a fire pit, a fenced-in-raised bed garden, mature trees, trails for walking or ATVs as well as numerous other opportunities. The detached barn offers two large entrances as well as walk-up storage above. New septic, roof, and electric panel in 2025.
  • Special Features: ComingSoon
  • Property Sub Type: Detached

Interior Features

  • Entry Floor: 1
  • Interior Amenities: Bathroom - Stall Shower, Bathroom - Tub Shower, Bathroom - Walk-In Shower, Breakfast Area, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Pantry, Upgraded Countertops
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Full, Interior Access, Outside Entrance, Poured Concrete, Space For Rooms, Walkout Stairs
  • Total Sq Ft: 1793
  • Living Area Sq Ft: 1793
  • Price Per Sq Ft: 389.85
  • Above Grade Finished Sq Ft: 1793
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 540

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

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: 1.00
  • Garage: Yes
  • Parking Features: Gravel Driveway
  • Garage Features: Garage - Front Entry, Garage - Rear Entry, Oversized
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 11
  • Type Of Parking: Detached Garage, Driveway, Off Street
  • Number of Spaces in Driveway: 10

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Oil
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Septic Tank
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: HOPEWELL VALLEY REGIONAL SCHOOLS
  • School District Key: 300200397266
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 4.00
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 174240.00
  • Property Condition: Very Good
  • Year Assessed: 2024
  • Zoning: VRC

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 11765.00
  • Assessor Parcel Number: 06-00089-00013
  • Tax Lot: 00013
  • Tax Total Finished Sq Ft: 1793
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $11,766 $372,700 $288,500 $84,200
2024 $11,390 $372,700 $288,500 $84,200
2023 $11,390 $372,700 $288,500 $84,200
2022 $10,601 $354,200 $270,000 $84,200
2021 $10,835 $354,200 $270,000 $84,200
2020 $10,295 $344,900 $270,000 $74,900
2019 $10,043 $344,900 $270,000 $74,900
2018 $9,857 $344,900 $270,000 $74,900
2017 $9,588 $344,900 $270,000 $74,900
2016 $9,064 $344,900 $270,000 $74,900
2015 $9,157 $344,900 $270,000 $74,900
2014 $10,540 $405,400 $270,000 $135,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2014 10/31/14 Sold $300,000 -6.2% $167 / Sq Ft
10/03/2014 10/03/14 Pending -- -- --
09/13/2014 09/13/14 Price Changed $319,900 -7.8% $178 / Sq Ft
07/29/2014 07/29/14 Price Changed $346,900 -6.2% $193 / Sq Ft
05/13/2014 05/13/14 For Sale $369,900 -- $206 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- Sterling Title
Bargain Sale Deed -- Sterling Title
Deed $300,000 Sterling Title Agency
Interfamily Deed Transfer -- None Available
Source: Public Records

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Source: Bright MLS

MLS Number: NJME2064642

Bright MLS

APN: 06-00089-0000-00013