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1405 Pennington Road

1405 Pennington Road, Trenton, NJ 08618
Property in Mercer
Sold Jul 30, 2021
$350,000
$291,000 by Lendinghome Funding Corp
Mortgage
Sold Apr 13, 2017
$205,000
Seller
$153,750 by Sharonview Fcu
Mortgage Due May 01, 2032
Local assessors in Trenton, NJ have categorized 1405 Pennington Road as a residential type of property. The home was built in 1910 and is 114 years old. The property's lot size has been calculated to be 23,827 square feet. The linear feet between the front and back of the lot was measured at 1,820 ft and the front of the lot was measured at 1,080 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1405 Pennington Road has a total of 3,633 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The property was last sold in Jul 21, 2021 for $350,000. That's $96.34 per sqft. Prior to that sales transaction, the property was also sold in Mar 10, 2017 for $205,000. 1405 Pennington Road was last assessed in 2022. The total value of the property was assessed at $283,700. Specifically, the land the property is located on was valued at $72,900. While improvements on the property were assessed at a total of $210,800. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $10,205. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Business/Commerical Units Count: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 23,827
  • Lot Size Depth Feet: 1,820
  • Lot Size Frontage Feet: 1,080
  • Total Building Area: 3,633
  • Gross Building Area: 3,754
  • Building Area: 3,633
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,633
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.547
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: SPLIT OFF LOT 236

Ownership

  • Current Owner : 1405 PENNINGTON RD LLC
  • Previous Owner : IYENGAR VIJAY
  • Owner Before Previous Owner: FANNIE MAE
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Ewing Township School District
  • Census Tract: 003601

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: TAX MAP 46
  • Account Number: 00531469
  • District: 02
  • Parcel: 02 00444-0000-00227
  • Block: 444
  • Lot: 227
  • Municipality: EWING TWP
  • Latitude: 40.2452
  • Longitude: -74.7759

    Address

  • Full Address: 1405 Pennington Rd
  • Address - House Number: 1405
  • Address - Street Name: Pennington
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Ewing
  • Carrier Code: C045
  • 4-Digit Zip Code: 2671
  • Zip Code: 08618

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,205

    Appraisal Valuation

  • Standard Deviation: 0.2206
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 69
  • Final Value: 413,720
  • High Value: 504,999
  • Low Value: 322,440

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $291,000
  • First Open Lien Mortgage Lender: LENDINGHOME FUNDING CORP
  • First Open Lien Mortgage Recording Date: Jul 30, 2021
  • First Open Lien Mortgage Loan Amount: $291,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $283,700
  • Market Land Value: $72,900
  • Market Improvement Value: $210,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $283,700
  • Assessed Land Value: $72,900
  • Assessed Improvements Value: $210,800

    Sales

  • Current Sale Contract Date: Jul 21, 2021
  • Current Sale Recording Date: Jul 30, 2021
  • Current Sale Transaction ID: 11845889892
  • Current Sale Price: $350,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2021045899
  • Previous Sale Recording Date: Apr 13, 2017
  • Previous Sale Contract Date: Mar 10, 2017
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LENDINGHOME FUNDING CORP
  • First Mortgage Transaction Date: Jul 30, 2021
  • First Mortgage Loan Amount: $291,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: SHARONVIEW FCU
  • Previous Mortgage Transaction Date: Apr 13, 2017
  • Previous Mortgage Loan Amount: $153,750
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2032

About Mercer



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Frequently Asked Questions

What neighborhood is 1405 Pennington Road located in?
The 1405 Pennington Road is a located in the neighborhood of Mercer in Mercer, Trenton.
What is the average sales price for listings in 1405 Pennington Road?
The average sales price for units in 1405 Pennington Road is $0 currently.

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