Sold
Last Sold Price
1,752 sqft
1656 Pennington Rd, Ewing, NJ 08618
Multi FamilyProperty Type
0.21 acresLot Size
1920Year Built
$134/sq ftPrice per sq ft

Description

Great 2-unit Investment Property! Near College of New Jersey. Unit 1 has 4 bedrooms, a full bath and an update kitchen. Unit 2, has 2 bedrooms, a full bath and a kitchen. A new roof was installed in 2018, a new driveway was in 2017 and 3-zoned gas heater. This property includes a garage that currently provides additional rental income.Great 2-unit Investment Property! Near College of New Jersey. Unit 1 has 4 bedrooms, a full bath and an update kitchen. Unit 2, has 2 bedrooms, a full bath and a kitchen. A new roof was installed in 2018, a new driveway was in 2017 and 3-zoned gas heater. This property includes a garage that currently provides additional rental income.
  • Listed by: Lisa Jordan 609.658.6754 lisajordan@depaola.com • David DePaola and Company Real Estate
Listing closed: 07/24/2019 12:00 AM • Source: BRIGHT, MLS#: NJME279482

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Recent comparable sales

Median sold price

$355,000

Avg days on market

139

Sale-to-list ratio

89.1%

Ewing, NJ

9 comparable properties found

$388,000 | 1 Pingree Court, Ewing, NJ 08618
1/32
1

$388,000

Sold 12/22/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,536
Square Feet
Unavailable
Acres
2

$475,000

Sold 07/09/26

Unavailable
Bedrooms
Unavailable
Bathrooms
1,949
Square Feet
0.18
Acres
a front view of a house with garden
1/23
3

$419,000

Sold 06/10/25

Unavailable
Bedrooms
Unavailable
Bathrooms
2,016
Square Feet
0.21
Acres
4

$355,000

Sold 07/22/26

Unavailable
Bedrooms
Unavailable
Bathrooms
1,898
Square Feet
0.18
Acres
5

$185,000

Sold 04/18/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,502
Square Feet
0.16
Acres
a front view of a house with yard and garage
1/15
6

$300,000

Sold 04/17/26

Unavailable
Bedrooms
Unavailable
Bathrooms
3,670
Square Feet
Unavailable
Acres
7

$330,000

Sold 11/20/25

Unavailable
Bedrooms
Unavailable
Bathrooms
2,000
Square Feet
Unavailable
Acres
a backyard of a house with lots of green space
1/2
8

$450,000

Sold 11/03/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
3.16
Acres
$77,500 | Dreyden Avenue, Ewing, NJ 08638
1/2
9

$77,500

Sold 08/06/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.18
Acres

Location

Listing Courtesy of David DePaola and Company Real Estate

Sold By David DePaola and Company Real Estate

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Property Information for 1656 Pennington Road

Property Details
  • Taxes: $7,041 / year
  • MLS Type: Multi-Family / Fee Simple
  • Tax ID Number: 02-00145-00005
  • Ownership: Fee Simple
  • HOA: No
  • Structure Type: Detached
  • Style: Ranch/Rambler
  • Waterfront: No
  • Garage: No
  • Expected On Market Date: 05-31-2019
  • Municipality: EWING TWP
  • Central Air: No
  • Above Grade Finished SQFT: 1,752.00
  • Above Grade Fin SQFT Source: Assessor
  • Below Grade Finished SQFT: .00
  • Below Grade Fin SQFT Source: Assessor
  • Below Grade Unfinished SQFT: .00
  • Below Grade Unfin SQFT Source: Assessor
  • Total Below Grade SQFT: .00
  • Total Below Grade SQFT Source: Assessor
  • New Construction: No
Building Information
  • Residences: 2
  • Year Built: 1920
  • Lot Size: 0.21 AC / 9,225 SF
Location
Location
  • School District Name: EWING TOWNSHIP PUBLIC SCHOOLS
  • School District County ID: 300200396170
  • SchoolDistrictSource: Listing Agent
  • 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
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2018
  • Tax Assessed Value: $133,300
  • Year Assessed: 2018
  • County Tax: $0
  • Improvement Assessed Value: $100,900
  • City Town Tax: $0
  • Land Assessed Value: $32,400
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: BN
  • Tax Lot: 00005
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Insurance, Lawn/Shrub Care, Sewer, Water
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2
  • Units Leased Count: 2
Financial Information
Expenses
  • Insurance Expense: $1,600
Financial Information
  • Annual Rental Income: $36,300
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Building Level Count: 1
  • Building Units Total: 2
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 50.00 x 184.50
  • Parcel ID: 2075364
Parking
Parking
  • Type Of Parking: Driveway
Interior Features
Interior Features
  • Fireplaces Count: 0
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: None
  • Heating Type: Radiator
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: No Septic System
Confidential Data
Listing Office
  • List Agent URL: depaola.com

Property History for 1656 Pennington Road

DateEvent & SourcePriceAppreciation
Jul 24, 2019

Closed (Public Record)

Public Record #650737177

$235,000

-0.4% / yr

Jul 24, 2019

Closed

BRIGHT #NJME279482

$235,000—
Jun 7, 2019

Pending

BRIGHT #NJME279482

—
DateEvent & SourcePrice
07/24/2019

Closed (Public Record)

Public Record #650737177

$235,000

-0.4% / yr

07/24/2019

Closed

BRIGHT #NJME279482

$235,000
06/07/2019

Pending

BRIGHT #NJME279482

—

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

Public Records for 1656 Pennington Road

Taxable ValueLand$43,000Additions$164,900Total$207,900
Tax Record2025$8,422 ($702 / month)
Home Facts
Beds0Total Finished SqFt1,704 SqFtAbove Grade Finished SqFt1,704 SqFtStories2Lot Size9,226 SqFtStyleSingle Family ResidenceYear Built1920Year Renovated1920ZoningBNCountyMERCERAPN02-00145-0000-00005

Schools near 1656 Pennington Road

This home is within Ewing Township Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1656 Pennington Road, Ewing, NJ 08618
$235,000
–
–
1,752
9,225
–
–
–
4,485
13,399
–
–
–
27,366
29,190
–
–
–
1,728
–
$187,500
–
–
1,812
6,251
$180,000
–
–
3,960
34,068

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of David DePaola and Company Real Estate

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.