OFF MARKET

Off Market Jun 2014 for $545K

$963,469

Est. refi paymentEst. refi $3,262/mo

•

2,798

sq ft

1559 Reed Rd, Pennington, NJ 08534

About this home

Beautifully maintained colonial with multiple out buildings on nearly 4 acres in Hopewell Township. Features large fenced in open space, 3 large out buildings, detached garage with workshop/studio areas, 2 carports and apartment with 2BD, LR, Bath, Kitchen and Laundry area and seperate quest area w BD, Bath, LR, (no kitchen). Main house was renovated in 1989. Central AC and new furnace added only 2 years ago. Zoned Special Industrial (SI) which offers unique commercial applications as well as current residential use. Excellent location near new the Capital Health and Merrill Lynch complexes and beautiful Pennington Main Street. Easy access to Route 31 and I95.

Single-familyProperty Type

1860Year Built

3.73 acresLot Size

$344Est. Price/Sq.Ft.

4 spacesParking

Listed by Robert Elliott • BHHS Fox & Roach Hopewell Valley

•609-737-9100 (broker)

•lisa.leray@foxroach.com (broker)

Bought with Michelle Needham • BHHS Fox & Roach Princeton RE

•609-921-2600 (broker)

Redfin checked: a minute ago

•Source:BRIGHT MLS #1003559106

Redfin Estimate

$963,469

$418K since sold in June 2014$18K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 47.3% higher than the average sale price ($654K) of 6 comparable homes.

SOLD JUL 15, 2026
$554,000
A
3 beds2 baths1,599 sq ft
1632 Reed Rd, Pennington, NJ 08534
SOLD JUN 26, 2026
$495,000
B
4 beds2 baths1,683 sq ft
18 Crest Ave, Pennington, NJ 08534
SOLD JUN 30, 2026
$835,000
C
3 beds2.5 baths2,536 sq ft
14 Baldwin St, Pennington, NJ 08534
SOLD JUL 27, 2026
$765,000
D
4 beds2 baths1,890 sq ft
101 Corrine Dr, Pennington, NJ 08534
SOLD JUN 26, 2026
$575,000
E
4 beds2.5 baths2,605 sq ft
159 Bull Run Rd, Pennington, NJ 08534
SOLD APR 3, 2026
$700,000
F
3 beds2 baths1,704 sq ft
114 Corrine Dr, Pennington, NJ 08534

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Earn from this home

Sell

$590,081

Est. take-home

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Refinance

Est. cash available

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Rent

$3,088/mo

Redfin rental estimate

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Market trends in 08534, NJ

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.9%

+0.2% MoM

Median sale price

$655K

$35K MoM

Avg. days on market

47d

2 days MoM

Recently sold homes

22 MoM

New listings for sale

COMING SOON
$600,000
3 beds2.5 baths2,052 sq ft
102 Treymore Ct, Pennington, NJ 08534
(609) 921-1050
LISTED BY REDFIN
$899,900
4 beds2.5 baths2,176 sq ft
39 Chicory Ln, Pennington, NJ 08534
$591,740
3 beds2.5 baths— sq ft
160 Leona Stewart Ln, Hopewell Township, NJ 08534
$899,000
4 beds2.5 baths3,256 sq ft
42 Harbourton Woodsville, Pennington, NJ 08534
(215) 794-3227
$524,900
4 beds1.5 baths2,016 sq ft
67 Poor Farm Rd, Pennington, NJ 08534
(973) 479-0937
$3,850,000
5 beds3.5 baths6,575 sq ft
152 Harbourton Woodsville Rd, Lambertville, NJ 08530
(215) 449-0123
COMING SOON
$995,000
4 beds3.5 baths2,971 sq ft
17-B E Curlis Ave, Pennington, NJ 08534
(609) 737-1500
$319,000
2 beds2 baths930 sq ft
12 S Main St #4, Pennington, NJ 08534
(609) 710-2021
$479,000
4 beds2.5 baths1,614 sq ft
39 S Main St, Pennington, NJ 08534
(609) 737-9100
VIDEO TOUR
$629,000
3 beds2 baths1,796 sq ft
7 Morningside Dr, Pennington, NJ 08534
(908) 782-6850
See all

Provided by Redfin

Sale history for 1559 Reed Rd

Year

Property tax

Land + Additions

Assessment*

2025

$20,453 (+2.8%)

$230,700 + $399,600

$630,300

2024

$19,899 (+3.3%)

$230,700 + $399,600

$630,300

2023

$19,262 (+2.1%)

$230,700 + $399,600

$630,300

2022

$18,865 (−2.2%)

$230,700 + $399,600

$630,300

2021

$19,281 (+2.5%)

$230,700 + $399,600

$630,300

2020

$18,814 (+2.5%)

$230,700 + $399,600

$630,300

2019

$18,354 (+1.9%)

$230,700 + $399,600

$630,300

2018

$18,014 (+2.1%)

$230,700 + $399,600

$630,300

2017

$17,647 (+5.8%)

$230,700 + $399,600

$630,300

2016

$16,682 (+4.2%)

$230,700 + $404,100

$634,800

2014

$16,016 (−0.3%)

$230,600 + $404,200

$634,800

2013

$16,057 (+3.8%)

$230,600 + $404,200

$634,800

2012

$15,476 (+6.9%)

$230,600 + $407,600

$638,200

2011

$14,481 (+3.5%)

$230,600 + $407,600

$638,200

2010

$13,992 (+1.5%)

$230,600 + $407,600

$638,200

2009

$13,789

$230,600 + $417,800

$648,400

Tax history for 1559 Reed Rd

Year

Property tax

Land + Additions

Assessment*

2025

$20,453 (+2.8%)

$230,700 + $399,600

$630,300

2024

$19,899 (+3.3%)

$230,700 + $399,600

$630,300

2023

$19,262 (+2.1%)

$230,700 + $399,600

$630,300

2022

$18,865 (−2.2%)

$230,700 + $399,600

$630,300

2021

$19,281 (+2.5%)

$230,700 + $399,600

$630,300

2020

$18,814 (+2.5%)

$230,700 + $399,600

$630,300

2019

$18,354 (+1.9%)

$230,700 + $399,600

$630,300

2018

$18,014 (+2.1%)

$230,700 + $399,600

$630,300

2017

$17,647 (+5.8%)

$230,700 + $399,600

$630,300

2016

$16,682 (+4.2%)

$230,700 + $404,100

$634,800

2014

$16,016 (−0.3%)

$230,600 + $404,200

$634,800

2013

$16,057 (+3.8%)

$230,600 + $404,200

$634,800

2012

$15,476 (+6.9%)

$230,600 + $407,600

$638,200

2011

$14,481 (+3.5%)

$230,600 + $407,600

$638,200

2010

$13,992 (+1.5%)

$230,600 + $407,600

$638,200

2009

$13,789

$230,600 + $417,800

$648,400

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

Lot width

—

Lot depth

—

Lot size

3.73 Acres

Year renovated

—

Sq. Ft.

5,530

Year built

1860

Style

Single Family Residential

County

Mercer County

APN

0600091 00019

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 14, 2026.

Special Industrial District

The purpose of this district is to implement the master plan by providing an area with a diverse assortment of uses, in recognition of the existing character of offices, warehouses, flex space and residences, with good transportation service and influenced by major utility corridors. It is also intended that the provisions for assisting in the development of lower income housing as set forth below be a required portion of any new development in the SI District.

Permitted uses

Include but are not limited to:

Agriculture
Restaurant
Hospital / medical center
Housing-Single unit
Industrial
Manufacturing
Warehouse
Office
Business park-Office
Research & development

Property details

Parking

Parking Information
# of Total Garage and Parking Spaces: 4
Private
# of Open Parking Spaces: 3
Driveway

Interior

Bathroom Information
# of Bathrooms (Full): 2

Interior Information
Interior Features: Kitchen - Eat-In
Living Area Sq.Ft. Source: Assessor

Room Information
Living Room, Dining Room, Master Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
Laundry Type: Main Floor

Fireplace Information
Has Fireplace
# of Fireplaces: 2

Basement Information
Basement: Yes
Partial

Exterior

Property Information
Improvement Assessed Value: $407,600
Ownership Interest: Fee Simple
Year Built Source: Estimated
Year Major Reno/Remodel: 1989

Building Information
Construction Not Completed
Construction Materials: Wood Siding
Other Structures: Above Grade
Structure Type: Detached

Lot Information
Lot Size Dimensions: 250 X 580
Tidal Water: No

Land Information
Land Assessed Value: $230,600

Above Grade Information
Finished Sq.Ft.: 2,798
Finished Sq.Ft. Source: Assessor

Financial

Tax Information
Tax Assessed Value: $638,200
Tax Year: 2013
Tax Annual Amount: $16,057

Utilities

Utilities Information
Central Air
Cooling Type: Central A/C
Gas, Forced Air
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Sewer Septic: On Site Septic
Water Source: Well

Location

School Information
School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Location Information
Cross Street: WASH CROSS RD
Directions: Route 31 to Diverty Rd to left on Reed; Washington Crossing Road to Reed
Municipality: HOPEWELL TWP

Public facts

Beds: —
Baths: —
Sq. Ft.: 5,530
Stories: 2.0
Lot Size: 3.73 acres
Style: Single Family Residential
Year Built: 1860
Year Renovated: —
County: Mercer County
APN: 0600091 00019

Home facts updated by county records on Jul 14, 2026

Around this home

Schools

Bear Tavern Elementary School

Public PreK-5 • Assigned • 2.7mi

8/10

Timberlane Middle School

Public 6-8 • Assigned • 2.4mi

6/10

Central High School

Public 9-12 • Assigned • 2.4mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 102° expected this year, 15 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

4/10 Air Factor

4 unhealthy days expected this year, 5 days in 30 years

Provided by First Street

Historical weather

Pennington, NJ • 08534

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.7 hours in June and 4.4 hours in December, placing it below the U.S. average for solar exposure.

8.7 hrs

4.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$916,000 – $1.11M

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Home values near 1559 Reed Rd

Data from public records.

Address	Redfin Estimate
1612 Reed Road, Pennington, NJ - Beds \| - Baths \| 2254 Sq. Ft.	$570,640
1573 Reed Road, Pennington, NJ - Beds \| - Baths \| 1498 Sq. Ft.	$522,539

Address	Redfin Estimate
1585 Reed Road, Pennington, NJ 3 Beds \| 2 Baths \| 2320 Sq. Ft.	$713,249
1575 Reed Road, Pennington, NJ - Beds \| - Baths \| 2407 Sq. Ft.	$754,074

Address	Redfin Estimate
1583 Reed Road, Pennington, NJ - Beds \| - Baths \| 1207 Sq. Ft.	$523,034
1581 Reed Road, Pennington, NJ 2 Beds \| 1 Baths \| 763 Sq. Ft.	$440,212

Property information provided by BRIGHT MLS when last listed in 2013. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 08534, NJ

Sale history for 1559 Reed Rd

Tax history for 1559 Reed Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 08534

Home values near 1559 Reed Rd

More real estate resources