$1,175,000
●
House -
Off Market
22 HALLETT DRIVE
PENNINGTON, NJ 08534
5 Beds
4 Baths,
2
Half Baths
4,417 Ft²
$8,952
Est. Monthly
$325
HOA / Fees
About This Property
Nestled in the serene surroundings of Pennington, this exceptional
residence offers a blend of elegance and comfort. The custom front
entrance, featuring imported doors and a sophisticated foyer, sets
the tone for the entire home. The first floor boasts both formal
and casual living areas, including a conservatory and a library,
perfect for relaxation or work. Enjoy the spacious family room,
home office, and a well-appointed kitchen with a breakfast nook.
The second floor features five private bedrooms and 4 full baths,
including a luxurious master suite with its own office or dressing
room.
The expansive lower level is designed for year-round entertainment with a game room, gym, media room, billiards area, powder room, and wine bar. Step outside to enjoy the beautifully designed outdoor terraces, complete with a pool and a covered outdoor living room with a fireplace. With a 3-car attached garage, ample driveway parking and a vast backyard ideal for recreation, this home is truly one-of-a-kind. Don't miss the opportunity to experience the unmatched charm of this property!
The expansive lower level is designed for year-round entertainment with a game room, gym, media room, billiards area, powder room, and wine bar. Step outside to enjoy the beautifully designed outdoor terraces, complete with a pool and a covered outdoor living room with a fireplace. With a 3-car attached garage, ample driveway parking and a vast backyard ideal for recreation, this home is truly one-of-a-kind. Don't miss the opportunity to experience the unmatched charm of this property!
Unit Size
4,417 Ft²
Days on Market
-
Land Size
1.89 acres
Price per sqft
$294
Property Type
House
Property Taxes
$2,243
HOA Dues
$325
Year Built
2004
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
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%.
How much can I actually make?
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.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 6 months ago (Bright MLS #NJME2072962)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 12, 2026 | Sold | ||
| Sold | |||
| Mar 27, 2026 | In contract | - | |
| In contract | |||
| Feb 27, 2026 | Listed by EXP Realty, LLC | $1,300,000 | |
| Listed by EXP Realty, LLC | |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Closing Price
Sold On
Sold On
HOA + Taxes
About Mercer
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Listed by: Sharif Hatab
EXP Realty, LLC
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# NJME2072962
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
EXP Realty, LLC
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# NJME2072962
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