1530 Pennington Rd

Ewing, NJ 08618

$305,000
Last Sold Price
7
Beds
4
Baths
3,000 Sq. Ft.
$102 / Sq. Ft.
3,000
Sq. Ft.
$102
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 6/20/19
Closed 6/20/19
Exterior Front
Exterior Back
Exterior Back
Exterior Back
Exterior Side
Exterior Back
Unit #1
Unit #1
Unit #1
Unit #1
Unit #1
Unit #3
Unit #3

Description

Solid income producing property close to TCNJ/Rider with expansion possibilities. Currently set up as a legal three unit apartment building plus 6 garages. Unit 1 is a four bedroom, 2 bath unit; Unit 2 is a 2 bedroom/ 1 bath unit and Unit 3 is a one bedroom efficiency. Garage space rents for $100 per month per garage. Tenants pay utilities except water and sewer. Additional land was approved in 2006 for a six unit apartment building. Interior newly repainted and recarpeted. Many building systems...Solid income producing property close to TCNJ/Rider with expansion possibilities. Currently set up as a legal three unit apartment building plus 6 garages. Unit 1 is a four bedroom, 2 bath unit; Unit 2 is a 2 bedroom/ 1 bath unit and Unit 3 is a one bedroom efficiency. Garage space rents for $100 per month per garage. Tenants pay utilities except water and sewer. Additional land was approved in 2006 for a six unit apartment building. Interior newly repainted and recarpeted. Many building systems upgraded/replaced recently. 1520 Pennington Rd immediately next door under constructio for 11 room dormitory and commercial space building
  1. Listed by Gough W Thompson III • BHHS Fox & Roach Hopewell Valley
    P: (609)-468-3838 winn.thompson@foxroach.com

Property Details for 1530 Pennington Road

Tax ID Number
02-00118 02-00001
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Structure Type
Other
Style
Other
Waterfront
No
Garage
Yes
LISTING UPDATED: 07/30/2022 10:23 AM

Property Details for 1530 Pennington Road

StatusClosed
MLS #1000261221
Days on Market874
Taxes$10,875 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1880
Lot Size1.06 AC / 46,332 SF
CountyMercer County
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Location

Listing Courtesy of BHHS Fox & Roach Hopewell Valley

Sold By BHHS Fox & Roach Princeton RE

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Building Information for 1530 Pennington Road

Stories-Residences3Year Built1880Building Size-Lot Size1.06 AC / 46,332 SF

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$2,442 per month

30 year fixed, 6.46% Interest

Principal and Interest

$1,536

Property Taxes

$906

HOA Dues

$0

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Property Information for 1530 Pennington Road

Location
Location
  • School District Name: EWING TOWNSHIP PUBLIC SCHOOLS
  • School District County ID: 300200396170
  • County: MERCER
  • MLS Area: Ewing Twp (21102)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2017
  • Tax Assessed Value: $201,200
  • Improvement Assessed Value: $163,900
  • Land Assessed Value: $37,300
  • Historic: No
  • Zoning: R-2
  • Tax Lot: 00001
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Lease Information
Lease Information
  • Concessions: Yes
  • Concessions Amount: $5,000
Unit Information
Unit Information
  • Single Room Units Count: 1
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 1
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
Rooms
Rooms
  • Room List: Primary Bedroom
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Beds Total: 4
  • Half Baths Count: 0
  • Full Baths Count: 2
  • Unit Type Baths Total: 2
  • Unit Type Features: 5/31/19
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Beds Total: 2
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
  • Unit Type Features: 5/31/19
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Beds Total: 1
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
  • Unit Type Features: 5/31/19
Unit 4
  • Type: Unit 4
  • Unit Type Occupied YN: No
  • Beds Total: 0
  • Half Baths Count: 0
  • Full Baths Count: 0
Financial Information
Expenses
  • Insurance Expense: $1,000
  • Maintenance Expense: $3,000
  • Water Sewer Expense: $1,800
  • Annual Gross Expense: $16,675
Financial Information
  • Gross Income: $52,800
Building Info
Building Info
  • Building Units Total: 3
  • Building Total SQFT Source: Estimated
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 147X314
  • Sign On Property: Yes
  • Parcel ID: 2074672
Parking
Parking
  • Type Of Parking: Detached Garage
  • Num of Detached Garage Spaces: 4
  • Total Garage Spaces: 4
  • Total Non-Garage Parking Spaces: 8
  • Garage Features: Other
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Exterior Features: Street Lights
  • Pool: No Pool
  • Other Structures: Above Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None, Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Radiator
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: CORE Association of REALTORS

Property History for 1530 Pennington Road

DateEvent & SourcePriceAppreciation
Jun 20, 2019

Closed (Public Record)

Public Record #649411188

$305,000

-2.5% / yr

Jun 20, 2019

Closed

BRIGHT #1000261221

$305,000—
Jun 20, 2019

Pending

BRIGHT #1000261221

—
Nov 14, 2016

Listed (Active)

BRIGHT #1000261221

$450,000—
Sep 11, 2008

Closed (Public Record)

Public Record #266260570

$400,000—
Sep 11, 2008

Closed

BRIGHT #1005687434

$400,000—
Jun 20, 2008

Pending

BRIGHT #1005687434

—
Feb 28, 2008

Listed (Active)

BRIGHT #1005687434

$499,900—
Jul 27, 2006

Withdrawn

BRIGHT #NJME249372

$595,000—
Nov 22, 2005

Listed (Active)

BRIGHT #NJME249372

$620,000—
Aug 15, 2003

Closed

BRIGHT #NJME164364

$285,560—
Jul 3, 2003

Pending

BRIGHT #NJME164364

—
Jun 29, 2003

Listed (Active)

BRIGHT #NJME164364

$249,900—
DateEvent & SourcePrice
06/20/2019

Closed (Public Record)

Public Record #649411188

$305,000

-2.5% / yr

06/20/2019

Closed

BRIGHT #1000261221

$305,000
06/20/2019

Pending

BRIGHT #1000261221

—
11/14/2016

Listed (Active)

BRIGHT #1000261221

$450,000
09/11/2008

Closed (Public Record)

Public Record #266260570

$400,000
09/11/2008

Closed

BRIGHT #1005687434

$400,000
06/20/2008

Pending

BRIGHT #1005687434

—
02/28/2008

Listed (Active)

BRIGHT #1005687434

$499,900
07/27/2006

Withdrawn

BRIGHT #NJME249372

$595,000
11/22/2005

Listed (Active)

BRIGHT #NJME249372

$620,000
08/15/2003

Closed

BRIGHT #NJME164364

$285,560
07/03/2003

Pending

BRIGHT #NJME164364

—
06/29/2003

Listed (Active)

BRIGHT #NJME164364

$249,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1530 Pennington Road

Taxable ValueLand$55,500Additions$247,900Total$303,400
Tax Record2024$11,933 ($994 / month)
Home Facts
Total Finished SqFt3,712 SqFtAbove Grade Finished SqFt3,712 SqFtStories2Lot Size46,332 SqFtStyleMulti-Family Res (5+ Units)Year Built1880ZoningR-2CountyMERCERAPN02 00118- 02-00001

Schools near 1530 Pennington Road

This home is within Ewing Township Public School District.
Rating
School
Type
Grades
Distance
Parkway Elementary School
Public - PK to 5
Gilmore J Fisher Middle School
Public - 6 to 8
Ewing High School
Public - 9 to 12
Wl Antheil Elementary School
Public - PK to 5
Rating
School
Distance
Parkway Elementary School
PublicPK to 5

Gilmore J Fisher Middle School
Public6 to 8

Ewing High School
Public9 to 12

Wl Antheil Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of BHHS Fox & Roach Hopewell Valley

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.