NOT LISTED FOR SALE

8 E Franklin Ave Pennington, NJ 08534

Estimated Value: $1,001,000 - $1,098,000

4 Beds
2.5 Baths
3,121 Sq Ft
$331/Sq Ft Est. Value

Last Sold July 08, 2020

Last sale price $675,000 $216 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $7,442/month

135 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Panoramic View
  • Stream or River on Lot
  • Hopewell Valley Central High School Rated A
  • Colonial Architecture
  • Wooded Lot

About This Home

As of July 2020

Looking for a change from the pace of big City life?Look no further! Located in the heart of Pennington borough - one of New Jerseys best towns for families, you will find this charming, fully remodeled and upgraded colonial home. Imagine being able to walk to quaint shops, restaurants, local supermarkets, and small cafes. Your days of driving everywhere are over! Children can walk to school, the local community pool and sports fields. The first floor master bedroom suite offers privacy while the two spacious bedrooms, study and full bathroom on the 2nd floor ensure ample space for all. Accessible by a private staircase, the 4th very large bedroom can also serve as a full recreation space or a nanny/in-law suite with a simple conversion of a large closet to another full bathroom. Creative cooking is not a problem in this fully remodeled kitchen that boasts high end appliances to include a Bertazzoni gas stove, white cabinetry, and a large picture window that overlooks the beautiful backyard. Enjoy your winters in the grand family room with a beautiful fireplace or time spent on the 3 seasons screened-in porch. Light a fire in the firepit and enjoy the best view of the stars. Minutes from Princeton, New Hope, Lambertville and the Jersey Shore. A perfect commuter location with easy access to highways, trains and airports. Please call to request a private virtual or in-person tour.

Last Agent to Sell the Property

Nancy Goldberg

BHHS Fox & Roach - Princeton License #8638954 Listed on: 01/08/2020

BHHS Fox & Roach - Princeton

Last Buyer's Agent

Laurel Cecila

Callaway Henderson Sotheby's Int'l-Princeton License #560097

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,648

Year Built

  • Built in 1925

Lot Details

  • 0.28 Acre Lot
  • Downtown Location
  • Landscaped
  • Wooded Lot
  • Backs to Trees or Woods
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned R-80

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Garage Door Opener

Property Views

  • Panoramic
  • Woods
  • Creek or Stream
  • Garden

Home Design

  • Colonial Architecture
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 3,121 Sq Ft Home
  • Property has 2 Levels
  • Built-In Features
  • Crown Molding
  • Cathedral Ceiling
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Fireplace Mantel
  • Brick Fireplace
  • Double Pane Windows
  • Double Hung Windows
  • Wood Frame Window
  • French Doors
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Flooring

  • Wood
  • Tile or Brick
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Stream or River on Lot
  • Exterior Lighting
  • Porch

Schools

  • Toll Gate Grammar Elementary School
  • Timberlane Middle School
  • Hopewell High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Vented Exhaust Fan
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00026
  • Assessor Parcel Number 08-00301-00026

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,648

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Dining Room Light Fixture
  • Historic: No
  • Inclusions: Refrigerator, Washer & Dryer
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-01-08
  • Federal Flood Zone: No
  • Year Built: 1925
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Dryer, Exhaust Fan, Oven - Self Cleaning, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Hardwood, Ceramic Tile, Tile/Brick
  • Interior Amenities: Attic, Breakfast Area, Built-Ins, Crown Moldings, Entry Level Bedroom, Family Room Off Kitchen, Kitchen - Eat-In, Kitchen - Gourmet, Primary Bath(s), Pantry, Recessed Lighting, Skylight(s), Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Window Features: Double Hung, Double Pane, Skylights, Wood Frame
  • Fireplace Features: Brick, Mantel(s), Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: French, Sliding Glass
  • Wall Ceiling Types: Cathedral Ceilings, 2 Story Ceilings
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Study, Great Room, Bathroom 2, Bonus Room, Primary Bathroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor, Basement
  • Total Sq Ft: 3121
  • Living Area Sq Ft: 3121
  • Price Per Sq Ft: 219.48
  • Above Grade Finished Sq Ft: 3121
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Exterior Lighting
  • Roof: Architectural Shingle
  • Spa: No
  • View: Creek/Stream, Garden/Lawn, Panoramic, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: HOPEWELL VALLEY REGIONAL SCHOOLS
  • Elementary School: TOLL GATE GRAMMAR SCHOOL
  • Middle School: TIMBERLANE M.S.
  • High School: HOPEWELL
  • 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: TOLL GATE GRAMMAR SCHOOL
  • High School: HOPEWELL
  • Middle Or Junior School: TIMBERLANE M.S.

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Features: Backs To Trees, Front Yard, Landscaping, Not In Development, Rear Yard, Sideyard(s), Stream/Creek, Trees/Wooded
  • Lot Size Acres: 0.28
  • Lot Dimensions: 117.00 x 108 ir
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12196.80
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Good
  • Year Assessed: 2019
  • Zoning: R-80

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 19648.00
  • Assessor Parcel Number: 08-00301-00026
  • Tax Lot: 00026
  • Tax Total Finished Sq Ft: 3121
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/08/2020

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2020
Closed on
Jul 2, 2020
Sold by
Fermo Paul S and Fermo Deborah
Bought by
Fay Katherine
Seller's Agent
Nancy Goldberg
BHHS Fox & Roach - Princeton
Buyer's Agent
Laurel Cecila
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$699,900
Sold Price
$675,000
Premium/Discount to List
-$24,900
-3.56%
Current Estimated Value
$1,033,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,967
Original Mortgage
$506,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 26, 2017
Closed on
May 31, 2017
Sold by
Commito Paul J and Richey Deborah J
Bought by
Fermo Paul S
Seller's Agent
Maura Mills
Callaway Henderson Sotheby's Int'l-Princeton
Buyer's Agent
Michael Graf
Keller Williams Real Estate-Doylestown
List Price
$695,000
Sold Price
$684,500
Premium/Discount to List
-$10,500
-1.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.45%
Original Mortgage
$580,000
Interest Rate
3.97%
Mortgage Type
VA

Purchase Details

Closed on
May 22, 2001
Sold by
Chilakos Aristomen
Bought by
Commito Paul and Richey Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.08%
Source: Public Records

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Range of Values:

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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
Fay Katherine $675,000 Foundation Title Llc
Fermo Paul S $684,500 None Available
Commito Paul $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fay Katherine $506,250
Previous Owner Fermo Paul S $580,000
Previous Owner Commito Paul J $250,000
Previous Owner Commito Paul $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2020 07/08/20 Sold $675,000 -1.5% $216 / Sq Ft
05/23/2020 05/23/20 Pending -- -- --
02/17/2020 02/17/20 Price Changed $685,000 -2.1% $219 / Sq Ft
01/08/2020 01/08/20 For Sale $699,900 +2.2% $224 / Sq Ft
05/31/2017 05/31/17 Sold $684,500 -1.5% --
04/16/2017 04/16/17 For Sale $695,000 0.0% --
03/24/2017 03/24/17 Pending -- -- --
01/26/2017 01/26/17 For Sale $695,000 -- --
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 $20,187 $662,100 $320,900 $341,200
2023 $20,187 $662,100 $320,900 $341,200
2022 $18,764 $662,100 $320,900 $341,200
2021 $18,645 $662,100 $320,900 $341,200
2020 $19,771 $717,100 $320,900 $396,200
2019 $19,649 $717,100 $320,900 $396,200
2018 $19,204 $717,100 $320,900 $396,200
2017 $22,015 $717,100 $320,900 $396,200
2016 $19,039 $717,100 $320,900 $396,200
2015 $19,061 $717,100 $320,900 $396,200
2014 $18,659 $717,100 $320,900 $396,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME289466

Bright MLS

APN: 08-00301-0000-00026