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Burlington 08054
175 PREAKNESS DRIVE
$625,000
● House - Off Market

175 PREAKNESS DRIVE

MOUNT LAUREL, NJ 08054
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,933 Ft²
$3,719
Est. Monthly
$25
HOA / Fees
4.37%
Cap Rate

About This Property

Welcome to 175 Preakness Drive, where timeless style meets modern comfort in the highly desirable Hickory Knoll community of Mt. Laurel. From the moment you arrive, this beautifully updated Colonial Contemporary home stands out with its thoughtful upgrades, warm character, and an outdoor space designed for unforgettable moments. Inside, rich hardwood floors flow throughout, creating a seamless sense of warmth and style across the main level living space. The open-concept living and dining areas are perfect for everyday living or hosting, while a spacious all-purpose addition on the first floor offers true flexibility-currently set up as a den, it easily transforms into a home office or main-level bedroom to fit your lifestyle. Comfort and efficiency go hand-in-hand here. The home has been upgraded with high-efficiency HVAC, newer hot water heater, additional insulation following a full home energy audit, and newer windows with a lifetime warranty-giving you peace of mind for years to come. Upstairs, you'll find three comfortable bedrooms including a serene primary suite, and with 2.5 bathrooms, morning routines stay smooth for everyone. And if you need a fourth bedroom? The flexible first-floor space is ready to go. Now let's talk about the showstopper-the backyard. Step outside to an expansive paver patio (approx. 990 square feet) that redefines outdoor living. Host summer gatherings with ease thanks to the built-in grill and wood-fired pizza oven, unwind under the arbor-covered seating area with wood-burning fireplace, or enjoy a quiet evening surrounded by beautifully landscaped space as the automated lighting timers set the tone for you, just sit back & relax.  Professionally landscaped with mature plantings, and irrigation system. It's a private retreat, designed for making memories. Tucked into a welcoming neighborhood within the Lenape Regional School District, and just minutes from parks, shopping, and commuter routes, this is more than a home-it's a lifestyle. 175 Preakness Drive is ready to impress. Come see how it fits yours.
Unit Size
1,933 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$308
Property Type
House
Property Taxes
$772
HOA Dues
$25
Year Built
1993

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Last updated: 2 years ago (Bright MLS #NJBL2094828)

Price History

Date / Event Date Event Price
Oct 24, 2025 Sold
Sold
Oct 9, 2025 In contract -
In contract
Oct 3, 2025 Relisted $595,000
Relisted
Sep 10, 2025 In contract -
In contract
Sep 5, 2025 Listed by BHHS Fox & Roach-Marlton $595,000
Listed by BHHS Fox & Roach-Marlton

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,138
  • Total Building Area: 1,933
  • Building Area: 1,933
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,933
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000462
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Lenape Regional School District
  • Census Tract: 702910

Geography

  • District: 24
  • Parcel: 24 00808- 02-00001
  • Block: 808.02
  • Lot: 1
  • Municipality: MT LAUREL TWP
  • Latitude: 39.9235
  • Longitude: -74.8717

    Address

  • Full Address: 175 Preakness Dr
  • Address - House Number: 175
  • Address - Street Name: Preakness
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Mount Laurel
  • Carrier Code: R008
  • 4-Digit Zip Code: 5715
  • Zip Code: 08054

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $888,718

    Appraisal Valuation

  • Standard Deviation: 0.1427
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 83
  • Final Value: 489,370
  • High Value: 559,234
  • Low Value: 419,506

    Market Valuation

  • Market Total Value: $293,500
  • Market Land Value: $124,000
  • Market Improvement Value: $169,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $293,500
  • Assessed Land Value: $124,000
  • Assessed Improvements Value: $169,500

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 28, 1998
  • Current Sale Recording Date: Sep 03, 1998
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 06, 1994
  • Previous Sale Amount: $162,300
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Burlington


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Frequently Asked Questions

When was property at 175 Preakness Drive built and last sold?
The property at 175 Preakness Drive was built in 1993 and last sold on Aug 28, 1998 for $179,000.
How much is this home worth?
The estimated value of the home located at 175 Preakness Drive is $0.
What are some comparable homes to 175 Preakness Drive?
There are currently no comparable homes to 175 Preakness Drive.