169 Pennington Ave

$449,000
Price
Beds
Baths
2,321 Sq. Ft.
$193 / Sq. Ft.
2,321
Sq. Ft.
$193
per Sq. Ft.

Description

Prime investment opportunity in a high-visibility location. This mixed-use property features two units, one 5-bedroom home and a street-level grocery and deli store (business sold separately) located on the corner of Pennington Ave and Calhoun St. Convenient access to public transportation, major roadways, and neighborhood amenities. Strong potential for rental income and long-term appreciationPrime investment opportunity in a high-visibility location. This mixed-use property features two units, one 5-bedroom home and a street-level grocery and deli store (business sold separately) located on the corner of Pennington Ave and Calhoun St. Convenient access to public transportation, major roadways, and neighborhood amenities. Strong potential for rental income and long-term appreciation
  1. Listed by Cristina S Lacerda • Lacerda Realtors
    P: (732)-514-1000 cristinalacerda01@gmail.com

Property Details for 169 Pennington Avenue

Tax ID Number
11-04501-00015
Ownership
Fee Simple
Structure Type
Over Storefront
Style
A-Frame, Dwelling with Rental
Waterfront
No
Garage
No
Municipality
TRENTON CITY
Total Parking Spaces
2
LISTING UPDATED: 11/03/2025 11:55 PM

Property Details for 169 Pennington Avenue

StatusActive
MLS #NJME2069116
Days on Market45
Taxes$6,673 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1861
Lot Size0.10 AC / 4,234 SF
CountyMercer County

Location

Listing Courtesy of Lacerda Realtors
Add your commute

Building Information for 169 Pennington Avenue

Stories-Residences3Year Built1861Building Size-Lot Size0.10 AC / 4,234 SF

Payment Calculator

$2,775 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,219

Property Taxes

$556

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 169 Pennington Avenue

Location
Location
  • School District Name: TRENTON PUBLIC SCHOOLS
  • School District County ID: 300200396606
  • SchoolDistrictSource: Listing Agent
  • County: MERCER
  • MLS Area: Trenton City (21111)
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: 2025
  • Tax Assessed Value: $113,300
  • Year Assessed: 2025
  • County Tax: $0
  • Improvement Assessed Value: $82,700
  • City Town Tax: $0
  • Land Assessed Value: $30,600
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: 0
  • Tax Lot: 00015
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Units Furnished: All
Building Info
Building Info
  • Building Units Total: 3
  • Total Finished SQFT: 2,321.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 2151614
Parking
Parking
  • Type Of Parking: Driveway
  • Driveway - # of Spaces: 2
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Other, Natural Gas
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Mid Jersey Association of REALTORS

Property History for 169 Pennington Avenue

DateEvent & SourcePriceAppreciation
Oct 30, 2025

Listed (Active)

BRIGHT #NJME2069116

$449,000
Aug 21, 2025

Expired

BRIGHT #NJME2047830

Jul 23, 2025

Price Change

BRIGHT #NJME2047830

$399,000
Mar 10, 2025

Price Change

BRIGHT #NJME2047830

$450,000
Aug 21, 2024

Listed (Active)

BRIGHT #NJME2047830

$495,000
Jan 23, 2016

Expired

BRIGHT #1007401116

$299,999
Jan 23, 2015

Listed (Active)

BRIGHT #1007401116

$299,999
Aug 6, 2009

Closed (Public Record)

Public Record #274585442

$195,000

+25.6% / yr

May 1, 2008

Expired

BRIGHT #NJME233792

$210,000
May 1, 2007

Listed (Active)

BRIGHT #NJME233792

$210,000
Jun 12, 2006

Closed (Public Record)

Public Record #266201411

$95,000
Dec 13, 2005

Withdrawn

BRIGHT #NJME244718

$139,999
Mar 21, 2005

Listed (Active)

BRIGHT #NJME244718

$170,000
DateEvent & SourcePrice
10/30/2025

Listed (Active)

BRIGHT #NJME2069116

$449,000
08/21/2025

Expired

BRIGHT #NJME2047830

07/23/2025

Price Change

BRIGHT #NJME2047830

$399,000
03/10/2025

Price Change

BRIGHT #NJME2047830

$450,000
08/21/2024

Listed (Active)

BRIGHT #NJME2047830

$495,000
01/23/2016

Expired

BRIGHT #1007401116

$299,999
01/23/2015

Listed (Active)

BRIGHT #1007401116

$299,999
08/06/2009

Closed (Public Record)

Public Record #274585442

$195,000

+25.6% / yr

05/01/2008

Expired

BRIGHT #NJME233792

$210,000
05/01/2007

Listed (Active)

BRIGHT #NJME233792

$210,000
06/12/2006

Closed (Public Record)

Public Record #266201411

$95,000
12/13/2005

Withdrawn

BRIGHT #NJME244718

$139,999
03/21/2005

Listed (Active)

BRIGHT #NJME244718

$170,000

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

Public Records for 169 Pennington Avenue

Taxable ValueLand$30,600Additions$82,700Total$113,300
Tax Record2024$6,573 ($548 / month)
Home Facts
Total Finished SqFt2,482 SqFtAbove Grade Finished SqFt2,482 SqFtStories3Lot Size4,235 SqFtStyleMiscellaneous CommercialYear Built1861CountyMERCERAPN11 04501-0000-00015

Schools near 169 Pennington Avenue

This home is within Trenton Public School District.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 4 to 6
Public - 7 to 8
Public - 10 to 12
Rating
School
Distance
Gregory Elementary School
PublicK to 3

Monument Elementary School
Public4 to 6

Holland Middle School
Public7 to 8

Trenton Central High School
Public10 to 12

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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169 Pennington Avenue is a multi-family home for sale in Trenton, NJ 08618. This property was listed for sale on October 30, 2025 by Lacerda Realtors, it's currently listed at $449,000. It has been on the market for a total of 45 days and was last sold on August 6, 2009. This listing's school district is Trenton Public School District. Nearby schools include Gregory Elementary School, Monument Elementary School and Holland Middle School. 169 Pennington Avenue is a 0-bed, 0-bath, 2,321 sqft multi-family home built in 1861.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lacerda Realtors

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.