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Mercer 08534
2465 PENNINGTON ROAD
$299,000
● House - For Sale

2465 PENNINGTON ROAD

PENNINGTON, NJ 08534
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,016 Ft²
$1,943
Est. Monthly

About This Property

Investment Opportunity Knocks!   2 Bedroom, 1 Full Bath Ranch is highly sought section of Pennington.  Tenant occupied offers consistent rental income
Unit Size
1,016 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$294
Property Type
House
Property Taxes
$474
HOA Dues
-
Year Built
1965

Listed By

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Last updated: 6 days ago (Bright MLS #NJME2084904)

Price History

Date / Event Date Event Price
Oct 10, 2026 Listed by Real Broker, LLC $299,000
Listed by Real Broker, LLC
Aug 10, 2026 Listed by Keller Williams Realty $450,000
Listed by Keller Williams Realty
Looking to finally own a place in Pennington? This is your opportunity! Whether you’re looking to make this property your primary residence or exploring the possibility of using it for commercial purposes, the potential is endless. This property offers the flexibility and opportunity to fit a variety of needs. Bring your vision and explore what’s possible!

Property Highlights

Air Conditioning
Parking Details
Parking Features: Driveway
Interior Details
Full Bathrooms: 1
Interior Features: Eat-in Kitchen
Exterior Details
Square Footage: 1016
Square Footage Source: $0
Architectural Style: Cape Cod, Ranch/Rambler
Year Built Source: Assessor
Year Built: 1965
Levels: 1
Other Structures: Above Grade, Below Grade
Construction Materials: Frame
Lot Size Area: 15394
Lot Size Units: Square Feet
Lot Size Acres: 0.35
Lot Size Square Feet: 15394
Lot Size Dimensions: 104.00 x 148.00
Tax Lot: 00003
Water Source: Well
Financial Details
Tax Assessed Value: $175,000
Tax Annual Amount: $5,688
Utilities Details
Cooling Type: Central Air
Heating Type: 90% Forced Air
Sewer : Septic Tank

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,392
  • Lot Size Depth Feet: 1,480
  • Lot Size Frontage Feet: 1,040
  • Total Building Area: 1,016
  • Building Area: 1,016
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,016
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000353
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: L4

Neighborhood

  • School District Name: Hopewell Valley Regional School District
  • Census Tract: 003800

Zoning

  • Zoning: R100

Geography

  • Assessors Map Reference: TAX MAP 2002
  • District: 06
  • Parcel: 06 00087-0000-00003
  • Block: 87
  • Lot: 3
  • Municipality: HOPEWELL TWP
  • Latitude: 40.3017
  • Longitude: -74.7845

    Address

  • Full Address: 2465 Pennington Rd
  • Address - House Number: 2465
  • Address - Street Name: Pennington
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Pennington
  • Carrier Code: C005
  • 4-Digit Zip Code: 5215
  • Zip Code: 08534

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $523,775

    Appraisal Valuation

  • Standard Deviation: 0.1582
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 80
  • Final Value: 297,283
  • High Value: 344,317
  • Low Value: 250,249

    Market Valuation

  • Market Total Value: $175,000
  • Market Land Value: $108,200
  • Market Improvement Value: $66,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $175,000
  • Assessed Land Value: $108,200
  • Assessed Improvements Value: $66,800

    Sales

  • Current Sale Contract Date: Oct 18, 2018
  • Current Sale Recording Date: Jun 18, 2020
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020025178
  • Previous Sale Recording Date: Mar 27, 2020
  • Previous Sale Contract Date: Oct 30, 2017
  • Previous Sale Amount: $43,330
  • Previous Sale Document Type: O
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 2465 Pennington Road built and last sold?
The property at 2465 Pennington Road was built in 1965 and last sold on Oct 18, 2018 for $43,330.
How much is this home worth?
The estimated value of the home located at 2465 Pennington Road is $301,169.
What are some comparable homes to 2465 Pennington Road?
There are currently no comparable homes to 2465 Pennington Road.