1559 Reed Road

Closed 6/30/14

Sold

Last Sold Price

$545,000

3 beds2 baths2,798 sqft

1559 Reed Rd, Pennington, NJ 08534

Single FamilyProperty Type

3.73 acresLot Size

1860Year Built

$195/sq ftPrice per sq ft

7 carsParking Spaces

Description

Beautifully maintained colonial with multiple out buildings on nearly 4 acres in Hopewell Township. Features large fenced in open space, 3 large out buildings, detached garage with workshop/studio areas, 2 carports and apartment with 2BD, LR, Bath, Kitchen and Laundry area and seperate quest area w BD, Bath, LR, (no kitchen). Main house was renovated in 1989. Central AC and new furnace added only 2 years ago. Zoned Special Industrial (SI) which offers unique commercial applications as well as current...Beautifully maintained colonial with multiple out buildings on nearly 4 acres in Hopewell Township. Features large fenced in open space, 3 large out buildings, detached garage with workshop/studio areas, 2 carports and apartment with 2BD, LR, Bath, Kitchen and Laundry area and seperate quest area w BD, Bath, LR, (no kitchen). Main house was renovated in 1989. Central AC and new furnace added only 2 years ago. Zoned Special Industrial (SI) which offers unique commercial applications as well as current residential use. Excellent location near new the Capital Health and Merrill Lynch complexes and beautiful Pennington Main Street. Easy access to Route 31 and I95.

Listed by: Robert S Elliott 609.731.8286 robert.elliott@foxroach.com • BHHS Fox & Roach Hopewell Valley

Listing closed: 06/30/2014 12:00 AM • Source: BRIGHT, MLS#: 1003559106

Recent comparable sales

Median sold price

$600,000

Avg days on market

Sale-to-list ratio

99.4%

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3
Bedrooms: 2
Bathrooms: 2,720
Square Feet: 0.3
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Square Feet: 0.17
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Square Feet: 0.15
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Bedrooms: 3
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1632 Reed Road, Pennington, NJ 08534

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Bathrooms: 2,280
Square Feet: 1.11
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119 Highway 31, Pennington, NJ 08534

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Square Feet: 0.46
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31 Washington Crossing Pennington Road, Pennington, NJ 08534

a front view of a house with yard and green space

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Square Feet: 0.61
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Location

Listing Courtesy of BHHS Fox & Roach Hopewell Valley

Sold By BHHS Fox & Roach Princeton RE

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$4,248 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,910

Property Taxes

$1,338

HOA Dues

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Property Information for 1559 Reed Road

Property Details

Taxes: $16,057 / year
MLS Type: Residential / Fee Simple
County: Mercer County
Tax ID Number: 06-00091-00019
Ownership: Fee Simple
Condo Coop Association: No
HOA: No
Structure Type: Detached
Style: Colonial, Farmhouse/National Folk
Levels/Stories: 2
Waterfront: No
Garage: No
Subdivision: NONE AVAILABLE
Subdivision: NONE AVAILABLE (MERCER NJ)
Cross Street: WASH CROSS RD
Municipality: HOPEWELL TWP
Total Parking Spaces: 4
Central Air: Yes
Basement: Yes
Above Grade Finished SQFT: 2,798.00
Above Grade Fin SQFT Source: Assessor
New Construction: No
Construction Completed: No

Building Information

Stories: 2
Year Built: 1860
Lot Size: 3.73 AC / 162,479 SF

Location

School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS
School District County ID: 300200397266

County: MERCER
MLS Area: Hopewell Twp (21106)

Waterfront / Water Access

Water View: No
Water Access: No

Water Oriented: No
Navigable Water: No
Tidal Water: No
Riparian Rights Y/N: No

Taxes and Assessment

Tax Year: 2013
Tax Assessed Value: $638,200

Improvement Assessed Value: $407,600
Land Assessed Value: $230,600
Zoning: SI
Tax Lot: 00019

Lease Information

Concessions: No

Rooms

Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Other

Rooms Information

Room 1

Room Type: Bedroom 2
Room Length: 13.0

Room Width: 13.0
Room Level: Upper 1
Room Exists: Yes
Room Dimensions: 13 X 13

Room 2

Room Type: Kitchen
Room Length: 15.0

Room Width: 18.0
Room Level: Main
Room Exists: Yes
Room Dimensions: 15 X 18
Room Features: Kitchen - Electric Cooking

Room 3

Room Type: Dining Room
Room Length: 13.0

Room Width: 13.0
Room Level: Main
Room Exists: Yes
Room Dimensions: 13 X 13

Room 4

Room Type: Living Room
Room Length: 25.0

Room Width: 16.0
Room Level: Main
Room Exists: Yes
Room Dimensions: 25 X 16

Room 5

Room Type: Other
Room Length: 12.0

Room Width: 16.0
Room Level: Upper 1
Room Exists: Yes
Room Dimensions: 12 X 16
Room Description: GYM

Room 6

Room Type: Primary Bedroom
Room Length: 25.0

Room Width: 12.0
Room Level: Upper 1
Room Exists: Yes
Room Dimensions: 25 X 12

Room 7

Room Type: Bedroom 1
Room Length: 19.0

Room Width: 13.0
Room Level: Upper 1
Room Exists: Yes
Room Dimensions: 19 X 13

Room 8

Room Type: Family Room
Room Length: 16.0

Room Width: 13.0
Room Level: Main
Room Exists: Yes
Room Dimensions: 16 X 13

Room 9

Room Type: Primary Bedroom
Room Level: Unspecified

Room Exists: Yes

Building Info

Year Major Reno Remodel: 1989
Total Finished SQFT: 2,798.00

Total Finished SQFT Source: Assessor
Total SQFT: 2,798.00
Total SQFT Source: Assessor
Construction Materials: Wood Siding
Ext Main Mid-res: http://bright-media.brightmls.com/bright/images/0000/3007/5544/3773/300755443773_512_384_WM_qKnW_E_ZP07UXpc9.jpg
Basement Type: Partial
# Bathrooms Full: 2
# Bathrooms Half: 0

Lot / Land Information

Lot Size Dimensions: 250 X 580
Sign On Property: Yes

Parcel ID: 2125003

Parking

Type Of Parking: Driveway
Total Non-Garage Parking Spaces: 3

Parking Features: Private

Interior Features

Interior Features: Kitchen - Eat-In
Fireplace: Yes

Fireplaces Count: 2
Accessibility Features: None
Laundry Type: Main Floor

Exterior Features

Pool: No Pool
Other Structures: Above Grade

Utilities

Heating: Yes
Cooling Type: Central A/C

Heating Type: Gas, Forced Air
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Water Source: Well
Sewer Septic: On Site Septic

Confidential Data

Listing Office

List Agent AOR: CORE Association of REALTORS

Property History for 1559 Reed Road

Date	Event & Source	Price	Appreciation
Jun 30, 2014	Closed (Public Record) Public Record #419509562	$545,000	—
Jun 30, 2014	Closed BRIGHT #1003559106	$545,000	—
Dec 26, 2013	Pending BRIGHT #1003559106		—
Aug 16, 2013	Listed (Active) BRIGHT #1003559106	$695,000	—

Date	Event & Source	Price
06/30/2014	Closed (Public Record) Public Record #419509562	$545,000
06/30/2014	Closed BRIGHT #1003559106	$545,000
12/26/2013	Pending BRIGHT #1003559106	—
08/16/2013	Listed (Active) BRIGHT #1003559106	$695,000

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

Public Records for 1559 Reed Road

Taxable ValueLand$230,700Additions$399,600Total$630,300

Tax Record2025$20,453 ($1,704 / month)

Home Facts

Beds0Total Finished SqFt5,530 SqFtAbove Grade Finished SqFt5,530 SqFtStories2Lot Size162,479 SqFtStyleSingle Family ResidenceYear Built1860Year Renovated1860ZoningSICountyMERCERAPN06-00091-0000-00019

Schools near 1559 Reed Road

This home is within Hopewell Valley Regional School District.


Rating	School	Type	Grades	Distance
8/10	Hopewell Elementary School	Public - Nearby school	PK to 5	6.8 mi
6/10	Timberlane Middle School	Public - Nearby school	6 to 8	2.4 mi
6/10	Central High School	Public - Serves this home	9 to 12	2.4 mi
8/10	Bear Tavern Elementary School	Public - Nearby school	PK to 5	2.6 mi
9/10	Stony Brook Elementary School	Public - Nearby school	PK to 5	2.2 mi
7/10	Toll Gate/Grammar Elementary School	Public - Nearby school	PK to 5	1.9 mi
NR	The Newgrange School	Private - Choice school	1 to 12	0.8 mi
NR	The Laurel School of Princeton	Private - Nearby school	2 to 9	0.8 mi


Rating	School	Distance
8/10	Hopewell Elementary School PublicPK to 5 Nearby school	6.8 mi
6/10	Timberlane Middle School Public6 to 8 Nearby school	2.4 mi
6/10	Central High School Public9 to 12 Serves this home	2.4 mi
8/10	Bear Tavern Elementary School PublicPK to 5 Nearby school	2.6 mi
9/10	Stony Brook Elementary School PublicPK to 5 Nearby school	2.2 mi
7/10	Toll Gate/Grammar Elementary School PublicPK to 5 Nearby school	1.9 mi
NR	The Newgrange School Private1 to 12 Choice school	0.8 mi
NR	The Laurel School of Princeton Private2 to 9 Nearby school	0.8 mi

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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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 1559 Reed Road, Pennington, NJ 08534	$545,000	3	2	2,798	162,479
1557 Reed Road, Pennington, NJ 08534	$330,000	–	–	1,840	213,880
1564 Reed Road, Pennington, NJ 08534	–	–	–	–	118,919
1569 Reed Road, Pennington, NJ 08534	$999,999	–	–	–	326,700
1573 Reed Road, Pennington, NJ 08534	$342,500	3	1	1,497	64,469
1545 Reed Road, Pennington, NJ 08534	$1,550,000	–	–	–	–
1574 Reed Road, Pennington, NJ 08534	$1,900,000	–	–	–	–
1577 Reed Road, Pennington, NJ 08534	–	–	–	1,636	–
1581 Reed Road, Pennington, NJ 08534	$290,100	2	1	763	91,040
1543 Reed Road, Pennington, NJ 08534	–	–	–	–	143,748
1583 Reed Road, Pennington, NJ 08534	–	–	–	1,207	70,132
1580 Reed Road, Pennington, NJ 08534	$1,775,045	–	–	–	–
1615 Lower Ferry Road, Pennington, NJ 08534	–	–	–	–	67,954
1536 Lower Ferry Road, Pennington, NJ 08534	–	–	–	12,240	590,674
1584 Reed Road, Pennington, NJ 08534	–	–	–	–	–
2 Capital Way, Unit 203F, Pennington, NJ 08534	–	–	–	–	–

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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.

Pennington, NJ

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