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Mercer 08638
2148 PENNINGTON ROAD
$599,745
↓ $25K (4%)
● House - For Sale

2148 PENNINGTON ROAD

EWING, NJ 08638
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$3,573
Est. Monthly
4.65%
Cap Rate

About This Property

Rare Opportunity! Originally renovated and restored by a builder for his own use, this 1920 Craftsman Cottage is now ready for its next owner. A true 100% restoration, thoughtfully completed to preserve the character and craftsmanship of yesterday while adding the amenities and conveniences of today.
Beautiful original hardwood flooring flows throughout this 3-bedroom, 2.5-bath home. The kitchen features a spacious quartz island, while the main level also offers convenient laundry and built-in storage for coats and everyday essentials. The primary suite is a standout, featuring a luxurious spa-like bath with an impressive walk-in shower.
Behind the charm are extensive updates, including completely new electrical service, switches, outlets and lighting; new city water service from the street and throughout the home; new PVC water lines; public sewer; and hardwired, interconnected fire alarms with battery backup.
Step outside to a huge bluestone patio, perfect for outdoor entertaining, along with an underground sprinkler system. True to its era, the home includes a walk-up attic for additional storage, plus a full basement and oversized one-car garage with electric and automatic door opener.
A rare blend of 1920s Craftsman charm, quality restoration and modern elegance - beautifully restored and ready to enjoy.
Unit Size
-
Days on Market
-
Land Size
0.35 acres
Price per sqft
-
Property Type
House
Property Taxes
$627
HOA Dues
-
Year Built
1920

Listed By

Payment Calculator

Cap Rate Calculator

Last updated: 22 days ago (Bright MLS #NJME2065060)

Price History

Date / Event Date Event Price
Oct 7, 2026 Price Decreased $599,745
↓ $25K (4%)
Price Decreased
Aug 8, 2026 Relisted $624,745
Relisted
Jun 24, 2026 In contract -
In contract
May 26, 2026 Price Decreased $624,745
↓ $25K (3.9%)
Price Decreased
Sep 15, 2025 Listed by Remax Welcome Home $649,745
Listed by Remax Welcome Home

Property Highlights

Air Conditioning
Garage
Parking Details
Has Garage
Parking Features: Detached, Garage, Driveway
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Basement: Unfinished
Exterior Details
Square Footage Source: $0
Architectural Style: Colonial
Year Built Source: Assessor
Year Built: 1920
Levels: 2
Other Structures: Above Grade, Below Grade
Construction Materials: Frame
Patio and Porch Features: Patio
Lot Size Area: 15297
Lot Size Units: Square Feet
Lot Size Acres: 0.35
Lot Size Square Feet: 15297
Lot Size Dimensions: 75.73 x 202.00
Tax Lot: 00010
Water Source: Public
Financial Details
Tax Assessed Value: $185,800
Tax Annual Amount: $7,526
Utilities Details
Cooling Type: Central Air
Heating Type: Other
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 4
  • Building Style: 5
  • Exterior Walls Type: 6
  • 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: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,297
  • Lot Size Depth Feet: 2,020
  • Lot Size Frontage Feet: 757
  • Total Building Area: 1,660
  • Building Area: 1,660
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,660
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000351
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: 62

Neighborhood

  • School District Name: Ewing Township School District
  • Census Tract: 003704

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: TAX MAP 27
  • District: 02
  • Parcel: 02 00223- 04-00010
  • Block: 223.04
  • Lot: 10
  • Municipality: EWING TWP
  • Latitude: 40.2803
  • Longitude: -74.7793

    Address

  • Full Address: 2148 Pennington Rd
  • Address - House Number: 2148
  • Address - Street Name: Pennington
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Ewing
  • Carrier Code: C053
  • 4-Digit Zip Code: 1433
  • Zip Code: 08638

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $668,323

    Appraisal Valuation

  • Standard Deviation: 0.238
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 66
  • Final Value: 271,965
  • High Value: 336,704
  • Low Value: 207,226

    Market Valuation

  • Market Total Value: $185,800
  • Market Land Value: $70,700
  • Market Improvement Value: $115,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $185,800
  • Assessed Land Value: $70,700
  • Assessed Improvements Value: $115,100

    Sales

  • Current Sale Contract Date: Nov 03, 2016
  • Current Sale Recording Date: Nov 07, 2016
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2016052545
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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Frequently Asked Questions

When was property at 2148 Pennington Road built and last sold?
The property at 2148 Pennington Road was built in 1920 and last sold on Nov 3, 2016 for $33,500.
How much is this home worth?
The estimated value of the home located at 2148 Pennington Road is $605,742.
What are some comparable homes to 2148 Pennington Road?
There are currently no comparable homes to 2148 Pennington Road.