407 Reading St

Pennington, NJ 08534

$849,000
Price
4
Beds
2,734 Sq. Ft.
$311 / Sq. Ft.
2,734
Sq. Ft.
$311
per Sq. Ft.
Coming SoonOpen: 2/14 01:00PM - 04:00PM
Coming SoonOpen: 2/14 01:00PM - 04:00PM
Front of home
Front of home
Front of home
Front Entry
Front of home
Front Hallway
Den
Den
Kitchen
Kitchen
Kitchen
Kitchen
Downstairs Bath
Dining Room
Living Room
Living Room
Living Room
Living Room
Basement
Basement
Bedroom (Upstairs)
Bedroom (Upstairs)
Bath (Upstairs)
Bedroom (Upstairs)
Bedroom (Upstairs)
Bedroom (Upstairs)
Bedroom (Upstairs)
Bedroom (Upstairs)
Bedroom (Upstairs)
Bath (Upstairs)
Upstairs Hallway
Upstairs Hallway
Back of Home
Back of Home
Barn/Workshop
Barn/Workshop
Front of home

Description

Classic Victorian offering exceptional value and opportunity. Recently appraised at $970,000 and offered strictly as-is at $849,000, this property presents a compelling opportunity for buyers seeking to customize a distinctive home or pursue a value-add investment. Rare deep lot (17,500sqft) in Pennington Borough — well above typical 8,700–13,000sqft parcels on Reading Street lot just walking distance from downtown Pennington Boro (and Toll Gate Elementary), this Victorian residence combines historic...Classic Victorian offering exceptional value and opportunity. Recently appraised at $970,000 and offered strictly as-is at $849,000, this property presents a compelling opportunity for buyers seeking to customize a distinctive home or pursue a value-add investment. Rare deep lot (17,500sqft) in Pennington Borough — well above typical 8,700–13,000sqft parcels on Reading Street lot just walking distance from downtown Pennington Boro (and Toll Gate Elementary), this Victorian residence combines historic character with meaningful prior updates. The exterior features HardieBoard siding, with a full exterior re-paint just 6 years ago. Interior highlights include two basement areas with high ceilings, offering flexible space for future use. Washer and dryer hookups on both the basement level and second floor provide added convenience. The home offers solid bones and a functional layout, allowing for updates tailored to buyer preferences. Outdoor amenities include a bluestone patio, expansive yard suitable for gardening or future improvements and a large detached garage/barn, offering additional storage or flexible use options. Conveniently located within Pennington Borough and close to transportation, shopping, and regional amenities, this property offers a rare combination of land, character, and price positioned below recent appraised value.
  1. Listed by Michael Matejka • Corcoran Sawyer Smith - Pennington
    P: (609)-240-9864 movewithmikem@gmail.com

Property Details for 407 Reading Street

Tax ID Number
08-00903-00006
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Structure Type
Detached
Style
Victorian
Levels/Stories
2
Furnished
No

Open Houses

Saturday, Feb 14th

1:00 PM - 4:00 PM

Public

LISTING UPDATED: 02/06/2026 10:53 AM

Property Details for 407 Reading Street

StatusComing Soon
MLS #NJME2072328
Days on Market-
Taxes$20,356 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Fee Simple
Year Built1913
Lot Size0.40 AC / 17,424 SF
CountyMercer County

Location

Listing Courtesy of Corcoran Sawyer Smith - Pennington
Add your commute

Building Information for 407 Reading Street

Stories2Year Built1913Building Size-Lot Size0.40 AC / 17,424 SF

Payment Calculator

$5,834 per month

30 year fixed, 6.15% Interest

Principal and Interest

$4,138

Property Taxes

$1,696

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 407 Reading Street

Location
Location
  • Transportation: Airport less than 10 miles, Bus Stop less than 1 mile, Commuter Lots less than 5 miles, Commuter Rail Station 1 to 5 miles
  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS
  • School District County ID: 300200397266
  • SchoolDistrictSource: Listing Agent
  • Elementary School: TOLL GATE GRAMMAR SCHOOL (MERCER NJ)
  • ElementarySchoolSource: Listing Agent
  • Middle Or Junior School: TIMBERLANE (MERCER NJ)
  • MiddleSchoolSource: Listing Agent
  • High School: CENTRAL (MERCER NJ)
  • HighSchoolSource: Listing Agent
  • County: MERCER
  • MLS Area: Pennington Boro (21108)
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
  • HOA Condo Coop Fee Includes: None
  • HOA Condo Coop Amenities: None
  • Property Manager Y/N: No
  • Senior Community: No
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $606,200
  • Improvement Assessed Value: $291,900
  • Land Assessed Value: $314,300
  • Zoning: R-80
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Pets Allowed: Yes
  • Pet Restrictions: No Pet Restrictions
Rooms
Main
  • # Bedrooms Count Main Level: 0
  • # Bathrooms Count Main Level: 1
  • # Bathrooms Full Main Level: 0
  • # Bathrooms Half Main Level: 1
All Upper Levels
  • # Bedrooms Count All Upper Levels: 4
  • # Bathrooms Count All Upper Levels: 2
  • # Bathrooms Full All Upper Levels: 2
  • # Bathrooms Half All Upper Levels: 0
Upper Level 1
  • # Bedrooms Count Upper Level: 4
  • # Bathrooms Count Upper Level: 2
  • # Bathrooms Full Upper Level: 2
  • # Bathrooms Half Upper Level: 0
Rooms
  • Room List: Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 1, Bathroom 1, Bathroom 2, Half Bath
  • Stories: Main, Upper 1
Rooms Information
Room 1
  • Room Type: Bedroom 1
  • Room Level: Upper 1
  • Room Exists: Yes
Room 2
  • Room Type: Bedroom 2
  • Room Level: Upper 1
  • Room Exists: Yes
Room 3
  • Room Type: Bedroom 3
  • Room Level: Upper 1
  • Room Exists: Yes
Room 4
  • Room Type: Bedroom 4
  • Room Level: Upper 1
  • Room Exists: Yes
Room 5
  • Room Type: Bathroom 1
  • Room Level: Upper 1
  • Room Exists: Yes
Room 6
  • Room Type: Half Bath
  • Room Level: Main
  • Room Exists: Yes
Room 7
  • Room Type: Bathroom 2
  • Room Level: Upper 1
  • Room Exists: Yes
Building Info
Building Info
  • Year Major Reno Remodel: 2003
  • Total Finished SQFT: 2,734.00
  • Total Finished SQFT Source: Estimated
  • Total SQFT: 3,734.00
  • Total SQFT Source: Estimated
  • Construction Materials: HardiPlank Type, Masonry, Mixed, Stick Built
  • Roof: Shingle
  • Ext Main Mid-res: http://bright-media01.prd.brightmls.com/bright/images/0000/8045/0730/1158/804507301158_512_384_WM_qTI0-Nw-Vt8-HmyK.jpg
  • Basement Type: Combination, Partially Finished, Unfinished, Workshop, Other
  • Foundation Details: Brick/Mortar
  • Room and Floor: Bathrooms Half-Main Level-1, Bedrooms-Upper Level 1-1, Bedrooms-Upper Level 1-2, Bedrooms-Upper Level 1-3, Bedrooms-Upper Level 1-4, Bathrooms Full-Upper Level 1-1, Bathrooms Full-Upper Level 1-2
  • # Bathrooms Full: 2
  • # Bathrooms Half: 1
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 100x175
  • Lot Dimensions Source: Estimated
  • Lot Features: No Thru Street
  • Parcel ID: 2137971
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Driveway, On Street
Interior Features
Interior Features
  • Fireplace: Yes
  • Fireplaces Count: 2
  • Accessibility Features: Ramp - Main Level
Exterior Features
Exterior Features
  • Exterior Features: Outbuilding(s), Other
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Pool: No Pool
  • Horse: No
  • Other Structures: Above Grade
Utilities
Utilities
  • Utilities: Natural Gas Available
  • Heating: Yes
  • Cooling Type: Wall Unit, Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 200+ Amp Service
Confidential Data
Listing Office
  • List Agent AOR: Mid Jersey Association of REALTORS

Public Records for 407 Reading Street

Taxable ValueLand$314,300Additions$291,900Total$606,200
Tax Record2024$19,708 ($1,642 / month)
Home Facts
Beds0Total Finished SqFt2,734 SqFtAbove Grade Finished SqFt2,734 SqFtStories2Lot Size17,500 SqFtStyleSingle Family ResidenceYear Built1913ZoningR-80CountyMERCERAPN08 00903-0000-00006

Schools near 407 Reading Street

This home is within Hopewell Valley Regional School District.
Rating
School
Type
Grades
Distance
Toll Gate/Grammar Elementary School
Public - PK to 5
Timberlane Middle School
Public - 6 to 8
Central High School
Public - 9 to 12
Stony Brook Elementary School
Public - PK to 5
Rating
School
Distance
Toll Gate/Grammar Elementary School
PublicPK to 5

Timberlane Middle School
Public6 to 8

Central High School
Public9 to 12

Stony Brook 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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More information about 407 Reading Street, Pennington, NJ 08534

407 Reading Street is a single family home Coming Soon in Pennington, NJ 08534. This property is currently priced at $849,000. This listing's school district is Hopewell Valley Regional School District. Nearby schools include Toll Gate/Grammar Elementary School, Timberlane Middle School and Central High School. 407 Reading Street is a 4-bed, 3-bath, 2,734 sqft single family home built in 1913.

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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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 Corcoran Sawyer Smith - Pennington

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.