$588,500
SOLD JUL 15, 2024

6 Madison Ave Pennington, NJ 08534

1.91 Acres
$308,115 Price per Acre
83,200 Sq Ft Lot

Recently Sold

1% Below List Price

11 Days on Market

About This Lot

As of July 2024

Build your dream home in a desirable community just outside of Pennington Borough.
Schools, parks, restaurants and shops are all within walking distance. Convenient to Princeton and Hamilton train stations, Routes 1, 295. 40 minutes from Philadelphia, an hour to NYC, 15 minutes from Princeton. 4-bedroom septic and well installed.

Last Agent to Sell the Property

Susan Thompson

Corcoran Sawyer Smith License #785606 Listed on: 03/14/2024

Last Buyer's Agent

Kimberly Storcella

BHHS Fox & Roach Hopewell Valley License #792901

BHHS Fox & Roach Hopewell Valley

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,085

Lot Details

  • 1.91 Acre Lot
  • Property is zoned VRC

Schools

  • Timberlane Middle School
  • Central High School

Utilities

  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00001 16
  • Assessor Parcel Number 06-00072-00001 16

Property Details

Property Type

Land

Est. Annual Taxes

$12,085

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Current Use: Residential
  • Inclusions: well, septic
  • Automatically Close On Close Date: No
  • Remarks Public: Build your dream home in a desirable community just outside of Pennington Borough. Schools, parks, restaurants and shops are all within walking distance. Convenient to Princeton and Hamilton train stations, Routes 1, 295. 40 minutes from Philadelphia, an hour to NYC, 15 minutes from Princeton. 4-bedroom septic and well installed.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 7.15
  • Street Number Modifier: 6

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: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 1.91
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 83200.00
  • Year Assessed: 2023
  • Zoning: VRC
  • Farmland Preservation: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 12085.00
  • Assessor Parcel Number: 06-00072-00001 16
  • Tax Lot: 00001 16
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 07/15/2024

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
Jun 13, 2024
Sold by
Dowdie George and Dowdie Orthnell George
Bought by
6 Madison Pennington Llc
Seller's Agent
Susan Thompson
Corcoran Sawyer Smith
Buyer's Agent
Kimberly Storcella
BHHS Fox & Roach Hopewell Valley
List Price
$595,000
Sold Price
$588,500
Premium/Discount to List
-$6,500
-1.09%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
95.93%
Original Mortgage
$1,473,590
Interest Rate
6.95%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 20, 2003
Sold by
Wilson Merrick B
Bought by
Dowdie George and Dowdie Donna Chance
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
Bargain Sale Deed $588,500 Foundation Title
Deed $839,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,473,590 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2024 10/07/24 For Sale $2,495,000 +324.0% $510 / Sq Ft
07/15/2024 07/15/24 Sold $588,500 -1.1% --
03/25/2024 03/25/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $595,000 -- --
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 $12,090 $395,500 $395,500 $0
2023 $12,090 $395,600 $395,500 $100
2022 $32,241 $1,077,200 $395,500 $681,700
2021 $32,952 $1,077,200 $395,500 $681,700
2020 $32,154 $1,077,200 $395,500 $681,700
2019 $31,368 $1,077,200 $395,500 $681,700
2018 $30,786 $1,077,200 $395,500 $681,700
2017 $29,946 $1,077,200 $395,500 $681,700
2016 $28,309 $1,077,200 $395,500 $681,700
2015 $28,600 $1,077,200 $395,500 $681,700
2014 $28,007 $1,077,200 $395,500 $681,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2040696

Bright MLS

APN: 06-00072-0000-00001-16