1633 REED ROAD
About This Property
Welcome to 1633 Reed Road, a beautifully situated home offering the perfect blend of comfort, style, and convenience in desirable Pennington. This recently renovated 4-bedroom, 3-full-bath home offers a spacious, open-concept layout, quality craftsmanship, and an abundance of natural light throughout. The main level features a stunning kitchen with a large center island, upgraded countertops, custom cabinetry, stainless steel appliances, gas cooking, and a distinctive tile backsplash, all flowing seamlessly into the inviting living room with a beautiful stone wood-burning fireplace. The versatile floor plan includes two entry-level bedrooms and a full bath, while the spacious primary suite offers a walk-in closet and private bath. An additional loft provides valuable flexible space that can be used as a home office, playroom, or additional sleeping area. Beautiful flooring, recessed lighting, generously sized closets, and three beautifully finished full bathrooms complete the interior.
The extensive renovation in 2021 included a new roof, siding, windows, exterior door, water heater (2023), HVAC system, plumbing, electrical, walls, and floor joists, along with a new septic system-providing the peace of mind of a thoroughly renovated home. Outside, enjoy the generous backyard, rear deck, and detached garage, offering excellent space for entertaining, relaxing, storage, and hobbies. Ideally located near shopping, dining, major highways, and convenient access to both Philadelphia and New York, all within the highly regarded Hopewell Valley Regional School District. A beautifully updated home with an exceptional combination of space, quality, and location. Don't miss the opportunity to make 1633 Reed Road your own!
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 22, 2026 | Price Decreased |
$614,900
↓ $15K
(2.4%) | |
| Price Decreased | |||
| Sep 30, 2026 | Price Decreased |
$629,900
↓ $10K
(1.6%) | |
| Price Decreased | |||
| Aug 19, 2026 | Listed by Homestarr Realty | $639,900 | |
| Listed by Homestarr Realty | |||
| Mar 2, 2022 | Sold | ||
| Sold | |||
| Jan 18, 2022 | Listed by Century 21 Veterans-Pennington | $549,900 | |
| Listed by Century 21 Veterans-Pennington | |||
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PRIME LOCATION!!! Stunning CUSTOM built NEW construction home located in Hopewell Township is waiting for YOU!!! NEW SEPTIC SYSTEM, NEW ROOF, NEW SIDING, NEW WINDOWS, NEW DOOR, NEW HIGH EFFICIENCY HOT WATER HEATER, NEW HVAC SYSTEM, NEW PLUMBING, NEW ELECTRIC, NEW WALLS AND FLOOR JOISTS – basically ALL NEW from basement level to the TOP!!!!
This charming, modern home offers 4 bedrooms and 3 FULL bathrooms, an open floor plan on the main level, basement and garage! AMAZING freshly painted property with plenty of natural light and BEAUTIFUL flooring throughout the entire house. Living room with stone fireplace opens to gourmet kitchen with HUGE island, stainless appliances, gas cooktop, granite countertops, uniquely designed backsplash title and custom cabinetry. MASTER Bedroom with WALK-IN Closet and MASTER BATH – just breathtaking!!!! ALL Bedrooms with great size closets!!! Additional LOFT can be used as another bedroom or office or play/relax room! ALL BATHROOMS finished with magnificent ceramic titles, vanities, and hardware – and ALL is NEW!!! Outside you can enjoy a great size backyard with detached oversized garage and Trex Deck for relaxation and entertainment! TOP QUALITY Materials and BEST craftsmanship describe this BEAUTIFUL and UNIQUE HOME. Close to shopping, restaurants and major highways to get you easy to NY or Philadelphia! HOPEWELL DISTRICT SCHOOL!!!
Its Proximity to NYC and Philadelphia, as well as mass transit and airports makes traveling easy. THIS HOME WILL NOT LAST LONG, so schedule a showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017