1572 1/2 Pennington Road

Ewing, NJ 08638

$485,000
Last Sold Price
Beds
2,336 Sq. Ft.
$208 / Sq. Ft.
2,336
Sq. Ft.
$208
per Sq. Ft.

Description

Excellent Investment Opportunity! Fully Rented! This is 3 updated apartments that are 2 levels, each with their own entrance. There is no common space. Each of these 2 bedroom units has its own separate waterproofed basement. It is not shared with the other units. Basement provides laundry, washer and dryer included, and storage space. The building is 2336 sq. ft. The 2 end unit apts. are each 768 sq ft., and the middle unit is 800 sq. ft. There is a circular drive for ease of entry and driveways...Excellent Investment Opportunity! Fully Rented! This is 3 updated apartments that are 2 levels, each with their own entrance. There is no common space. Each of these 2 bedroom units has its own separate waterproofed basement. It is not shared with the other units. Basement provides laundry, washer and dryer included, and storage space. The building is 2336 sq. ft. The 2 end unit apts. are each 768 sq ft., and the middle unit is 800 sq. ft. There is a circular drive for ease of entry and driveways on each side of the building that allow parking multiple cars. The 704 sq. ft. garage is detached with 3 bays. It is currently being used as individual bays for each of the 3 units, but after the current tenant's residency could possibly be rented out for additional income. Each of the units has a living room and dining room with hardwood floors, newer light fixtures, fan and window blinds. Beautifully renovated kitchens with solid maple cabinetry, granite countertops, tumbled marble backsplash, refrig., s/s sink with soap dispenser and ceramic tile floor. Second floors consists of 2 bedrooms each, both with ample closet space and hardwood floors, and an updated bathroom. Cable ready. Current leases are up for renewal in August, Oct. and Nov. Tenants usually stay multiple years. Located near major routes, bus line, shopping, train. Great location, near corporate headquarters of Church & Dwight, 5 minutes to 95, and a mile south of The College of New Jersey.
  1. Listed by Cynthia L Schwartz • RE/MAX Preferred Professional-Hillsborough
    P: 6094625501 cindyschwrm@aol.com

Property Details for 1572 1/2 Pennington Road

Tax ID Number
02-00139-00063
Ownership
Fee Simple
Structure Type
Detached
Style
Other
Waterfront
No
Garage
Yes
Cross Street
N. OLDEN AVE.
Municipality
EWING TWP

Location

Listing Courtesy of RE/MAX Preferred Professional-Hillsborough

Sold By Exit Realty-JP Rothermel

Add your commute
LISTING UPDATED: 09/07/2022 09:17 AM

Property Details for 1572 1/2 Pennington Road

StatusClosed
MLS #NJME2015434
Days on Market40
Taxes$10,246 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1940
Lot Size0.26 AC / 11,496 SF
CountyMercer County

Location

Listing Courtesy of RE/MAX Preferred Professional-Hillsborough

Sold By Exit Realty-JP Rothermel

Add your commute

Building Information for 1572 1/2 Pennington Road

Stories-Residences3Year Built1940Building Size-Lot Size0.26 AC / 11,496 SF

Payment Calculator

$3,501 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,647

Property Taxes

$854

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1572 1/2 Pennington Road

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: 2021
  • Tax Assessed Value: $292,000
  • Zoning: 999
  • Automatically Update Tax Values Y/N: No
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: 3
  • Three Bedroom Units Count: 0
  • Units Furnished: None
  • Units Leased Count: 3
  • Number Of Units Vacant: 0
  • Number Of Units Month To Month: 0
  • Rent Control: No
Financial Information
Expenses
  • Operating Expense Includes: Insurance
  • Water Avg Month: $100
  • Water Prev 12 Months: $1,200
Financial Information
  • Annual Rental Income: $51,600
  • Income Includes: Apartment Rentals
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Building Level Count: 2
  • Building Units Total: 3
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 80X144
  • Lot Dimensions Source: Estimated
  • Parcel ID: 2075271
Parking
Parking
  • Type Of Parking: Driveway, Detached Garage
  • Num of Detached Garage Spaces: 3
  • Total Garage Spaces: 3
  • Parking Features: Shared Driveway, Stone Driveway, Circular Driveway
  • Garage Features: Additional Storage Area
Interior Features
Interior Features
  • Interior Features: Ceiling Fan(s)
  • Fireplace: No
  • Appliances: Range Hood, Refrigerator, Washer, Dryer
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Exterior Features: Sidewalks, Street Lights
  • Pool: No Pool
  • Other Structures: Above Grade
Utilities
Utilities
  • Utilities: Cable TV
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Other
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: CORE Association of REALTORS

Property History for 1572 1/2 Pennington Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 1572 1/2 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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Listing Courtesy of RE/MAX Preferred Professional-Hillsborough

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board 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, Greator Scranton Board 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.