Closed
Last Sold Price
$1,500,000
6 beds

48 Elm Ridge Rd, Pennington, NJ 08534

Single FamilyProperty Type
3 acresLot Size
1902Year Built
3 carsParking Spaces

Description

Auction. Bidding currently open. Bidding ends May 14th. Previously listed at $6,950,000. Selling Without Reserve. A true rarity. Unrivaled in its beauty, tranquility and privacy, nearly 1000 acres of preserved land embrace Sycamore Creek, a magnificent 31+ acre estate and natural paradise just 10 minutes from downtown Princeton. Equal to its extraordinary setting, the home is a work of art - a remarkable blending of an 18th century farmhouse with exciting modern renovations and additions by noted...Auction. Bidding currently open. Bidding ends May 14th. Previously listed at $6,950,000. Selling Without Reserve. A true rarity. Unrivaled in its beauty, tranquility and privacy, nearly 1000 acres of preserved land embrace Sycamore Creek, a magnificent 31+ acre estate and natural paradise just 10 minutes from downtown Princeton. Equal to its extraordinary setting, the home is a work of art - a remarkable blending of an 18th century farmhouse with exciting modern renovations and additions by noted New York architects Stamberg and Aferiat. This singular property overlooks Stony Brook and offers romantic views of 2 ponds. Pool and charming outbuildings, including a 19th century barn, tenant cottage, and attached guesthouse.
  • Listed by: Maura Mills 609.947.5757 mmills@callawayhenderson.com • Callaway Henderson Sotheby's Int'l-Princeton
Listing closed: 06/21/2018 12:00 AM • Source: BRIGHT, MLS#: 1000344092
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Recent comparable sales

Median sold price

$1,299,100

Avg days on market

17

Sale-to-list ratio

104.4%

Pennington, NJ

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Location

Listing Courtesy of Callaway Henderson Sotheby's Int'l-Princeton

Sold By Callaway Henderson Sotheby's Int'l-Princeton

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Property Information for 48 Elm Ridge Road

Property Details

  • Taxes: $54,730 / year
  • MLS Type: Residential / Fee Simple
  • Tax ID Number: 06-00044-00028
  • Ownership: Fee Simple
  • Condo Coop Association: No
  • HOA: No
  • Structure Type: Detached
  • Style: Contemporary, Farmhouse/National Folk
  • Levels/Stories: 2
  • Waterfront: Yes
  • Views: Water
  • Garage: Yes
  • Subdivision: NOT ON LIST
  • Subdivision: NOT ON LIST (MERCER NJ)
  • Cross Street: CARTER ROAD
  • Municipality: HOPEWELL TWP
  • Total Parking Spaces: 3
  • Central Air: Yes
  • Basement: Yes
  • Room Count: 17
  • New Construction: No
  • Property Condition: Good

Building Information

  • Stories: 2
  • Year Built: 1902
  • Lot Size: 3.00 AC / 130,680 SF

Location

Location
  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS
  • School District County ID: 300200397266
  • Elementary School: HOPEWELL (MERCER NJ)
  • Middle Or Junior School: TIMBERLANE (MERCER NJ)
  • High School: CENTRAL (MERCER NJ)
  • County: MERCER
  • MLS Area: Hopewell Twp (21106)

Waterfront / Water Access

Waterfront / Water Access
  • Water View: Yes
  • Water Oriented: Yes
  • Navigable Water: No
  • Water Body Type: Pond
  • Water Frontage In Feet: 500.0

Association / Community Info

Association / Community Info
  • Senior Community: No

Taxes and Assessment

Taxes and Assessment
  • Tax Year: 2017
  • Tax Assessed Value: $1,968,700
  • Improvement Assessed Value: $1,613,200
  • Land Assessed Value: $355,500
  • Zoning: VRC
  • Tax Lot: 00028

Lease Information

Lease Information
  • Concessions: No

Rooms

Main
  • # Bathrooms Count Main Level: 3
  • # Bathrooms Full Main Level: 1
  • # Bathrooms Half Main Level: 2
Upper Level 1
  • # Bathrooms Count Upper Level: 3
  • # Bathrooms Full Upper Level: 3
Rooms
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, In-Law/auPair/Suite, Laundry, Other, Attic
  • Stories: Main, Upper 1

Building Info

Building Info
  • Year Major Reno Remodel: 1994
  • Construction Materials: Wood Siding

Lot / Land Information

Lot / Land Information
  • Lot Size Dimensions: 31.35 ACRES
  • Lot Features: Level, Sloping, Open, Trees/Wooded, Front Yard, Rear Yard, SideYard(s)
  • Fencing: Other
  • Sign On Property: Yes
  • Location Type: Pond
  • Parcel ID: 2121095

Parking

Parking
  • Type Of Parking: Driveway, Detached Garage
  • Num of Detached Garage Spaces: 3
  • Total Garage Spaces: 3

Interior Features

Interior Features
  • Interior Features: Primary Bath(s), Kitchen - Island, Butlers Pantry, Skylight(s), Ceiling Fan(s), Central Vacuum, 2nd Kitchen, Exposed Beams, Wet/Dry Bar, Stall Shower, Dining Area
  • Fireplace: No
  • Fireplace Features: Stone
  • Appliances: Built-In Range, Oven - Self Cleaning, Dishwasher, Refrigerator, Built-In Microwave
  • Accessibility Features: None
  • Security Features: Security System
  • Laundry Type: Main Floor
  • Virtual Tour URL Unbranded: https://www.planomatic.com/mls58435

Exterior Features

Exterior Features
  • Exterior Features: Exterior Lighting
  • Outdoor Living Structures: Patio(s), Balcony
  • Pool: Yes - Personal
  • Personal Pool Features: In Ground

Utilities

Utilities
  • Utilities: Cable TV
  • Heating: Yes
  • Cooling Type: Central A/C
  • Heating Type: Oil, Forced Air, Zoned
  • Heating Fuel: Oil
  • Hot Water: Oil
  • Water Source: Well
  • Sewer Septic: On Site Septic

Property History for 48 Elm Ridge Road

DateEvent & SourcePriceAppreciation
Aug 26, 2024

Closed

BRIGHT #NJME2042758

$2,930,000
—
Aug 13, 2024

Closed (Public Record)

Public Record #1540867676

$2,930,000
—
Jul 15, 2024

Pending

BRIGHT #NJME2042758

—
—
DateEvent & SourcePrice
08/26/2024

Closed

BRIGHT #NJME2042758

$2,930,000
08/13/2024

Closed (Public Record)

Public Record #1540867676

$2,930,000
07/15/2024

Pending

BRIGHT #NJME2042758

—

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

Public Records for 48 Elm Ridge Road

Taxable Value

Land

$377,700

Additions

$1,308,300
Total$1,686,000

Tax Record

2025

$53,990 ($4,499 / month)

Home Facts

Total Finished SqFt

8,640 SqFt

Above Grade Finished SqFt

8,640 SqFt

Lot Size

130,680 SqFt

Style

Farms

Year Built

1900

Year Renovated

1900

Zoning

VRC

County

MERCER

APN

06-00044-0000-00028

Schools near 48 Elm Ridge Road

This home is within Hopewell Valley Regional 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
Stony Brook Elementary School
PublicPK to 5

Timberlane Middle School
Public6 to 8

Central High School
Public9 to 12

Toll Gate/Grammar 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.

Similar Homes

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 48 Elm Ridge Road, Pennington, NJ 08534
$1,500,000
6
–
130,680
$1,100,000
5
4,530
63,162
$605,000
4
–
59,242
–
–
–
2,460
60,113
$825,000
–
–
3,103
60,113
$973,750
–
–
3,062
60,548

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. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Callaway Henderson Sotheby's Int'l-Princeton

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.