See Home Value
Mercer 08534
2 E ACRES DR
$870,000
● House - Off Market

2 E ACRES DR

PENNINGTON, NJ 08534
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,850 Ft²
$4,272
Est. Monthly

About This Property

Back on Market!

Discover unparalleled elegance at 2 East Acres Drive, Pennington, NJ 08534. This newly renovated masterpiece sits on over an acre lot featuring five bedrooms and three and a half baths, offering a perfect blend of style and functionality. Entertain with ease in the expansive living spaces, while the finished basement provides additional recreational opportunities and storage. Bask in natural light in the inviting sunroom, a cozy living room with a fireplace and relish the three-car garage that ensures ample parking. Enjoy the convenience of two master bedroom ensuites, one upstairs and one on the main level. This residence redefines modern living with its thoughtful design and luxurious finishes. Welcome home to comfort, elegance, and sophistication at its best. Don't miss the opportunity to call this property home. (Solar Panels are fully paid off).  Price increase cause Seller is paying for new septic tank installation with permits and approvals.
Unit Size
2,850 Ft²
Days on Market
31 days
Land Size
1.47 acres
Price per sqft
$305
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1985

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Last updated: 3 years ago (Bright MLS #NJME2044010)

Price History

Date / Event Date Event Price
Aug 23, 2024 Sold
Sold
Aug 5, 2024 In contract -
In contract
Jun 19, 2024 Price Decreased $869,999
↓ $30K (3.3%)
Price Decreased
May 29, 2024 Listed by RE/MAX First Realty II $899,999
Listed by RE/MAX First Realty II
Apr 17, 2023 Sold
Sold
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 64,033
  • Total Building Area: 2,850
  • Building Area: 2,850
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,850
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001470
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Hopewell Valley Regional School District
  • Census Tract: 003905

Zoning

  • Zoning: R150

Geography

  • Assessors Map Reference: TAX MAP 18
  • District: 06
  • Parcel: 06 00043- 24-00040
  • Block: 43.24
  • Lot: 40
  • Municipality: HOPEWELL TWP
  • Latitude: 40.3396
  • Longitude: -74.7522

    Address

  • Full Address: 2 E Acres Dr
  • Address - House Number: 2
  • Street Direction: E
  • Address - Street Name: Acres
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Pennington
  • Carrier Code: C004
  • 4-Digit Zip Code: 2101
  • Zip Code: 08534

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,597,663

    Appraisal Valuation

  • Standard Deviation: 0.2029
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 72
  • Final Value: 831,891
  • High Value: 1,000,698
  • Low Value: 663,084

    Market Valuation

  • Market Total Value: $533,800
  • Market Land Value: $291,200
  • Market Improvement Value: $242,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $533,800
  • Assessed Land Value: $291,200
  • Assessed Improvements Value: $242,600

    Sales

  • Current Sale Contract Date: Jun 20, 2023
  • Current Sale Recording Date: Jun 28, 2023
  • Current Sale Price:
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 22483
  • Previous Sale Recording Date: Oct 26, 2022
  • Previous Sale Contract Date: Oct 15, 2022
  • Previous Sale Amount: $674,653
  • Previous Sale Document Type: 64
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 Mercer


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Nearby Rentals

Unit for rent at 329 Carter Road, PRINCETON, NJ, 08540

$5,250 /mo

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  • 3 Baths
  • 2,840 ft²
329 Carter Road, PRINCETON, NJ, 08540 Listing by Joshua D Wilton
Unit for rent at 244 Federal City Road, PENNINGTON, NJ, 08534

$4,100 /mo

  • 4 Beds
  • 2 Baths
  • 2,157 ft²
244 Federal City Road, PENNINGTON, NJ, 08534 Listing by Jennifer Rose Roberts


Frequently Asked Questions

When was property at 2 East Acres Drive built and last sold?
The property at 2 East Acres Drive was built in 1985 and last sold on Jun 20, 2023 for $481,110.
How much is this home worth?
The estimated value of the home located at 2 East Acres Drive is $0.
What are some comparable homes to 2 East Acres Drive?
There are currently no comparable homes to 2 East Acres Drive.