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Mercer 08638
42 PENNWOOD DR
$270,000
● House - Off Market

42 PENNWOOD DR

EWING, NJ 08638
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,378 Ft²
$269,370
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Custom Chic. 42 Pennwood is a 1328 SQFT carefully renovated property with high-end finishes and best-in-class designer looks. The design and layout choices provide a perfect fit for families, investors, first time buyers, avid travelers, and students of local colleges looking Foran amazing living experience. The living space includes; a new custom eat-in kitchen with Calacatta Palazzo quartz counters and peninsula, marble backsplash, Jennair Dishwasher, high- end Samsung 5 burner hooded stove, classic cabinetry with black farmhouse pulls, flexible high arch faucet, custom built-in benches with storage, complimentary farmhouse table, inspiring new light fixtures, louvered door, useful over sink window with clear line of sight to backyard, and large picture window/bar. The bathroom features Moen fixtures, Toto luxury toilet, custom tiled shower/tub with shower niche, exhaust fan, brilliant lighting, fresh vanity & mirror combo, and ample interior storage closet. The chalet fireplace provides a big city design contrast - it's just cool. Flooring choices throughout the house compliment the use and needs of each space - living room, bedrooms, and laundry feature stylish white oak hard wood floors, the bathroom - large format porcelain tiles, the multi-use bedroom engineered flooring. High-end Kwikset Halifax Matte Black hardware systems found in luxury homes have been used on every new shaker styled wood door throughout the house, topping off the interior with superior design taste. Two separate exits lead to the large backyard which offers flexibility and comfort. Either as a peaceful retreat and/or an exciting entertainment zone the large enclosed porch with concrete patio, two block patios, outside euro-garden with full length stone wall and built in steps/seating offer a wonderfully diverse and fun space which is fenced for privacy. The multi-car driveway offers valuable off-street parking. ---

Custom Cool. 42 Pennwood has been specially prepared to allow for personal-choice dynamic bedroom configuration. Naturally four bedrooms for family/personal use the home is easily adapted to an investor's choice five bedroom profit center for college student tenants. The area is popular with investors that rent to college students.  The potential earning opportunity is significant - by renting to 5 students the monthly renal income could range from$2,800-$3,000 per month with minimal maintenance charges results in a potential 10% cap rate . Parents of local college students will love and embrace the quality workmanship and low maintenance requirements at 42 Pennwood along with it's easy access and location. ---

It's location affords easy access to all the major roads and highways, and airports, that connect New Jersey to New York, Boston, Philadelphia , Wilmington, Baltimore, Washington DC, and the world. The region boasts some of the most celebrated Health Services/Hospital/Doctors in the state, a wide array of houses of worship, outdoor adventure locations, biking and hiking paths, professional sports event venues, performance/music venues, historic landmarks, art installations, theatre, and world renown Universities and private schools.  Easy commuter access to The College of New Jersey - TCNJ, Rider University, Princeton University, Mercer County Community College, Westminster Choir College to name a few. ---

42 Pennwood is an affordable customized home for anyone looking for that incredibly valuable opportunity, where they may enjoy their best life experiences, everyday.  It's custom chic and custom cool!  ---

Seller will provide a clear certificate of occupancy.
Unit Size
1,378 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$188
Property Type
House
Property Taxes
$607
HOA Dues
-
Year Built
1950

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Last updated: 4 years ago (Bright MLS #NJME2020762)

Price History

Date / Event Date Event Price
Sep 22, 2022 Sold
Sold
Aug 5, 2022 Listed by BHHS Fox & Roach-Princeton Junction $259,000
Listed by BHHS Fox & Roach-Princeton Junction
Jan 18, 2013 Sold
Sold
Apr 25, 2012 Listed by BHHS Fox & Roach - Princeton $119,900
Listed by BHHS Fox & Roach - Princeton
This charming Cape Cod home is a wonderful alternative to a townhome! Move right into this fabulous home and start entertaining! This special home features 3 bedrooms, one full bath, built-in seating area in the kitchen, and hardwood floors. The living room features a large bay window and the family room includes a wonderful wood burning fireplace. The first level offers a spacious bedroom and a laundry/mud room. There are two bedrooms on the second level with plenty of storage space. The large screened in patio features electrical outlets, ceiling fan with lights, cable hookup and allows for the enjoyment of the backyard with its beautiful landscaping. The fully fenced in backyard is spacious and private. The outdoor chiminea is perfect for entertaining your friends by the fireside. There is a walk-in storage shed with electricity and two large vinyl storage containers. Also included are the appliances. This home shows like a model and you can move right into this charming home.

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • 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: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,400
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 540
  • Total Building Area: 1,378
  • Building Area: 1,378
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,378
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000124
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: SHERIFF 07-10-2019

Neighborhood

  • School District Name: Ewing Township School District
  • Census Tract: 003500

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: TAX MAP 13
  • Account Number: 03430709
  • District: 02
  • Parcel: 02 00118- 02-00071
  • Block: 118.02
  • Lot: 71
  • Municipality: EWING TWP
  • Latitude: 40.2518
  • Longitude: -74.7726

    Address

  • Full Address: 42 Pennwood Dr
  • Address - House Number: 42
  • Address - Street Name: Pennwood
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Ewing
  • Carrier Code: C043
  • 4-Digit Zip Code: 4716
  • Zip Code: 08638

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $590,627

    Appraisal Valuation

  • Standard Deviation: 0.238
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 66
  • Final Value: 273,589
  • High Value: 338,716
  • Low Value: 208,463

    Market Valuation

  • Market Total Value: $164,200
  • Market Land Value: $52,800
  • Market Improvement Value: $111,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $164,200
  • Assessed Land Value: $52,800
  • Assessed Improvements Value: $111,400

    Sales

  • Current Sale Contract Date: Sep 22, 2022
  • Current Sale Recording Date: Oct 05, 2022
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 46002
  • Previous Sale Recording Date: Apr 20, 2022
  • Previous Sale Contract Date: Mar 23, 2022
  • Previous Sale Amount: $118,204
  • 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

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Unit for rent at 17 Hazelhurst Avenue, EWING TWP, NJ, 08638

$3,200 /mo

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17 Hazelhurst Avenue, EWING TWP, NJ, 08638 Listing by Claude B Dennis


Frequently Asked Questions

When was property at 42 Pennwood Drive built and last sold?
The property at 42 Pennwood Drive was built in 1950 and last sold on Sep 22, 2022 for $270,000.
How much is this home worth?
The estimated value of the home located at 42 Pennwood Drive is $0.
What are some comparable homes to 42 Pennwood Drive?
There are currently no comparable homes to 42 Pennwood Drive.