$399,745
↓ $70K (14.9%)
●
House -
For Sale
8 PENNROAD AVE
EWING, NJ 08638
5 Beds
3 Baths
2,064 Ft²
$2,604
Est. Monthly
About This Property
Welcome home to this spacious 5-bedroom, 3 full bath Dutch
Colonial! This home features a first-floor bedroom and full
bath-perfect for guests, multi-generational living, or a private
home office. The main level also includes a welcoming living room,
formal dining room, eat-in kitchen, and convenient first-floor
laundry room. Upstairs, you'll find four additional bedrooms,
including a spacious primary bedroom with a private, full bath.
Enjoy your morning coffee on the large, covered front porch or
relax and entertain on the rear deck overlooking the fenced
backyard. A generously sized driveway provides ample parking, and
the partially finished basement offers endless possibilities for a
recreation room, home gym, workshop, or additional living
space-just waiting for your personal touch. With its classic Dutch
Colonial charm, versatile layout, and plenty of indoor and outdoor
living space, 8 Pennroad Avenue is the one you've been waiting for.
Schedule your appointment today.
Unit Size
2,064 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$194
Property Type
House
Property Taxes
$641
HOA Dues
-
Year Built
1940
Listed By
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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: 2 months ago (Bright MLS #NJME2078848)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 20, 2026 | Price Decreased |
$399,745
↓ $70K
(14.9%) | |
| Price Decreased | |||
| Aug 8, 2026 | Price Decreased |
$469,745
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Jun 10, 2026 | Listed by Remax Welcome Home | $479,745 | |
| Listed by Remax Welcome Home | |||
Property Highlights
Air Conditioning
Parking Details
Parking Features: Driveway
Interior Details
Full Bathrooms: 3
Basement: Partially Finished
Exterior Details
Square Footage: 2064
Square Footage Source: $0
Architectural Style: Colonial
Year Built Source: Assessor
Year Built: 1940
Levels: 2
Other Structures: Above Grade, Below Grade
Construction Materials: Frame, Vinyl Siding
Lot Size Area: 7500
Lot Size Units: Square Feet
Lot Size Acres: 0.17
Lot Size Square Feet: 7500
Lot Size Dimensions: 50.00 x 150.00
Tax Lot: 00013
Water Source: Public
Financial Details
Tax Assessed Value: $189,900
Tax Annual Amount: $7,692
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Baseboard - Hot Water
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed by: Joan C George
Remax Welcome Home
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# NJME2078848
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Remax Welcome Home
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# NJME2078848
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