NOT LISTED FOR SALE

8 W Franklin Ave Pennington, NJ 08534

Estimated Value: $770,000 - $849,000

4 Beds
2 Baths
1,958 Sq Ft
$416/Sq Ft Est. Value

Last Sold November 23, 2020

Last sale price $609,900 $311 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,756/month

17 Days on Market

Highlights

  • In Ground Pool
  • Commercial Range
  • Dutch Architecture
  • Hopewell Valley Central High School Rated A
  • Wood Burning Stove
  • Wood Flooring

About This Home

As of November 2020

Rare opportunity to be the owner of this historic home in desirable Pennington Borough. There is Charm and Character throughout in this elegant Victorian Colonial nestled on an oversized lot with two original hitching posts out front! This four bedroom two full bath home offers an open living room with wood burning stove, bay window and built-ins. The light filled dining room has french doors leading to the deck and pool in a private setting. The kitchen has been completely redone and is a chefs delight with lots of cabinets and counter space. There is a family room with a fireplace, a sitting room and full bath to complete the first level. Special features include the original hardwood pine floors, 9' ceiling, fluted molding and plaster lath walls. Also included is a front porch, a covered side porch, a long driveway for plenty of parking and a garage. Minutes to the center of Pennington Borough this pristine home is convenient to major routes and shopping.

Last Agent to Sell the Property

Roxanne Gennari

Coldwell Banker Residential Brokerage-Princeton Jct License #341387 Listed on: 09/11/2020

Coldwell Banker Residential Brokerage-Princeton Jct

Last Buyer's Agent

Cheryl Fitzgerald

Callaway Henderson Sotheby's Int'l-Princeton License #1757875

Callaway Henderson Sotheby's Int'l-Princeton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,213

Year Built

  • Built in 1887

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 110.00 x 150.00
  • Property is zoned R-80

Parking

  • 1 Car Detached Garage
  • 2 Driveway Spaces
  • Front Facing Garage

Home Design

  • Dutch Architecture
  • Victorian Architecture
  • Frame Construction
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • Property has 2 Levels
  • 2 Fireplaces
  • Wood Burning Stove
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Commercial Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Pool

  • In Ground Pool

Schools

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

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hot Water Heating System
  • Oil Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00005
  • Assessor Parcel Number 08-00204-00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,213

Year Built

Built in 1887

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Dutch, Victorian
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1887
  • Automatically Close On Close Date: No
  • Remarks Public: Rare opportunity to be the owner of this historic home in desirable Pennington Borough. There is Charm and Character throughout in this elegant Victorian Colonial nestled on an oversized lot with two original hitching posts out front! This four bedroom two full bath home offers an open living room with wood burning stove, bay window and built-ins. The light filled dining room has french doors leading to the deck and pool in a private setting. The kitchen has been completely redone and is a chefs delight with lots of cabinets and counter space. There is a family room with a fireplace, a sitting room and full bath to complete the first level. Special features include the original hardwood pine floors, 9' ceiling, fluted molding and plaster lath walls. Also included is a front porch, a covered side porch, a long driveway for plenty of parking and a garage. Minutes to the center of Pennington Borough this pristine home is convenient to major routes and shopping.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Commercial Range
  • Flooring Type: Hardwood
  • Interior Amenities: Stove - Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2250
  • Living Area Sq Ft: 1958
  • Price Per Sq Ft: 321.71
  • Above Grade Finished Sq Ft: 1958
  • Below Grade Sq Ft: 292
  • Total Below Grade Sq Ft: 292
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Pool Features: In Ground
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 221500.00
  • Land Assessed Value: 333700.00
  • Lot Size Acres: 0.38
  • Lot Dimensions: 110.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16500.00
  • Year Assessed: 2019
  • Zoning: R-80

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2137468
  • Tax Annual Amount: 15213.00
  • Assessor Parcel Number: 08-00204-00005
  • Tax Lot: 00005
  • Tax Total Finished Sq Ft: 1958
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 11/23/2020

MLS Schools

  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2020
Closed on
Nov 23, 2020
Sold by
Linnehan James and Mcgrath Linda
Bought by
Meader James A and Sullivan Amy B
Seller's Agent
Roxanne Gennari
Coldwell Banker Residential Brokerage-Princeton Jct
Buyer's Agent
Cheryl Fitzgerald
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$629,900
Sold Price
$609,900
Premium/Discount to List
-$20,000
-3.18%
Current Estimated Value
$793,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,640
Avg. Annual Appreciation
5.49%
Original Mortgage
$48,910
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 21, 2015
Closed on
Jul 10, 2015
Sold by
Watson Charles Thomas and Watson Maureen A
Bought by
Linnehan James and Mcgrath Linda
Seller's Agent
CHARLES VAN HORN
Callaway Henderson Sotheby's Int'l-Pennington
Buyer's Agent
STEPHEN THOMAS
Callaway Henderson Sotheby's Int'l-Princeton
List Price
$599,000
Sold Price
$540,000
Premium/Discount to List
-$59,000
-9.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.30%
Original Mortgage
$400,000
Interest Rate
3.08%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 11, 2006
Sold by
Pohanish Richard
Bought by
Watson Charles and Watson Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
6.35%
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Meader James A $609,900 First American Title
Linnehan James $540,000 Title Village Title Agency L
Watson Charles $610,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meader James A $80,000
Closed Meader James A $48,910
Previous Owner Linnehan James $400,000
Previous Owner Watson Charles Thomas $172,000
Previous Owner Watson Charles $488,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2020 11/23/20 Sold $609,900 -3.2% $311 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $629,900 +16.6% $322 / Sq Ft
07/15/2015 07/15/15 Sold $540,000 -9.8% --
05/21/2015 05/21/15 Pending -- -- --
04/21/2015 04/21/15 For Sale $599,000 -- --
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 $16,928 $555,200 $333,700 $221,500
2023 $16,928 $555,200 $333,700 $221,500
2022 $15,734 $555,200 $333,700 $221,500
2021 $15,634 $555,200 $333,700 $221,500
2020 $15,501 $555,200 $333,700 $221,500
2019 $15,212 $555,200 $333,700 $221,500
2018 $14,868 $555,200 $333,700 $221,500
2017 $17,045 $555,200 $333,700 $221,500
2016 $14,741 $555,200 $333,700 $221,500
2015 $14,757 $555,200 $333,700 $221,500
2014 $14,446 $555,200 $333,700 $221,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME301784

Bright MLS

APN: 08-00204-0000-00005