Location Location Location. Calling all Investors & Handy Persons. Spacious cape cod-style home with over 7 Acres. The primarily wooded lot makes for a serene and peaceful setting. 2 fireplaces. Hardwood floors throughout. Built in bookshelves. 2 bedrooms on the first floor; including the original master bedroom with a full bathroom. 2nd floor has 2 additional bedrooms, and floored attic space with cedar closets which could be converted into a 5th large master bedroom. Partial basement. Bring your renovation ideas and a large budget. Set back off of Elm Ridge Road. Short drive to Pennington Boro or downtown Princeton. Located within Hopewell Valley Regional School District. Sold strictly AS-IS. Seller makes no representation about the condition of the property. Buyer is responsible for all township/state required certs.
Single-familyProperty Type
1954Year Built
7.12 acresLot Size
$179Est. Price/Sq.Ft.
3 spacesParking
Listed by Heidi R Rarich• Long & Foster Real Estate, Inc.
•856-857-2200 (broker)
Bought with Rich ENDERS• Long & Foster Real Estate, Inc.
Hopewell Valley Regional School District. Set back off of Elm Ridge Road. Spacious cape cod style home with over 7 Acres. The primarily wooded lot makes for a serene and peaceful setting. 2 fireplaces. Hardwood floors throughout. Built in bookshelves. 2 bedrooms on the first floor; including the master bedroom with a full bathroom. 2nd floor has 2 additional bedrooms, and floored attic space with cedar closets which could be converted into a 5th large bedroom. Partial basement. Short drive to Pennington Boro or downtown Princeton. Needs TLC. Sold strictly AS-IS. Seller makes no representation about the condition of the property. Buyer is responsible for all township/state required certs.
BRIGHT MLS #NJME232434
Apr 30, 2010
Listing Removed
—
Oct 24, 2007
Listed
$525,000
$156/sq ft
BRIGHT MLS #NJME106788
Jun 15, 2007
Listing Removed
—
Mar 12, 2007
Listed
$545,000
$162/sq ft
Public Records
Aug 11, 2001
Sold
$750,000
$223/sq ft
BRIGHT MLS #NJME177564
Jul 24, 2001
Listing Removed
—
Mar 27, 2001
Listed
$750,000
$223/sq ft
Public Records
Dec 29, 1993
Sold
$351,500
$104/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$9,086 (−30.6%)
$296,000
2024
$13,102 (+3.3%)
$280,000
2023
$12,682 (+2.1%)
$280,000 + $135,000
$415,000
2022
$12,421 (−2.2%)
$280,000 + $135,000
$415,000
2021
$12,695 (−5.8%)
$280,000 + $135,000
$415,000
2020
$13,483 (+2.5%)
$280,000 + $171,700
$451,700
2019
$13,154 (+1.9%)
$280,000 + $171,700
$451,700
2018
$12,910 (+2.8%)
$280,000 + $171,700
$451,700
2017
$12,557 (+5.8%)
$276,200 + $175,500
$451,700
2016
$11,870 (+4.2%)
$276,200 + $175,500
$451,700
2014
$11,396 (+0.3%)
$276,200 + $175,500
$451,700
2013
$11,365 (−1.6%)
$276,200 + $175,500
$451,700
2012
$11,550 (−2.8%)
$276,200 + $175,500
$451,700
2011
$11,878 (+5.1%)
$300,800 + $175,500
$476,300
2010
$11,297 (−17.9%)
$348,000 + $175,500
$523,500
2009
$13,764
$348,000 + $175,500
$523,500
Tax history for 23 Elm Ridge Rd
Year
Property tax
Land + Additions
Assessment*
2025
$9,086 (−30.6%)
$296,000
2024
$13,102 (+3.3%)
$280,000
2023
$12,682 (+2.1%)
$280,000 + $135,000
$415,000
2022
$12,421 (−2.2%)
$280,000 + $135,000
$415,000
2021
$12,695 (−5.8%)
$280,000 + $135,000
$415,000
2020
$13,483 (+2.5%)
$280,000 + $171,700
$451,700
2019
$13,154 (+1.9%)
$280,000 + $171,700
$451,700
2018
$12,910 (+2.8%)
$280,000 + $171,700
$451,700
2017
$12,557 (+5.8%)
$276,200 + $175,500
$451,700
2016
$11,870 (+4.2%)
$276,200 + $175,500
$451,700
2014
$11,396 (+0.3%)
$276,200 + $175,500
$451,700
2013
$11,365 (−1.6%)
$276,200 + $175,500
$451,700
2012
$11,550 (−2.8%)
$276,200 + $175,500
$451,700
2011
$11,878 (+5.1%)
$300,800 + $175,500
$476,300
2010
$11,297 (−17.9%)
$348,000 + $175,500
$523,500
2009
$13,764
$348,000 + $175,500
$523,500
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
7.12 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Other
County
Mercer County
APN
0600043 2400027 03
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 14, 2026.
Property details
Parking
Parking Information
# of Total Garage and Parking Spaces: 3
# of Open Parking Spaces: 3
Driveway
Interior
Bathroom Information
# of Bathrooms (Full) On 1st Upper Level: 1
# of Bathrooms (Full) On Main Level: 2
# of Bathrooms (Full): 3
Interior Information
Entry Location: Foyer
Flooring Type: Wood
Interior Features: Master Bath(s)
Living Area Sq.Ft. Source: Assessor
Room Information
# of Rooms: 10
Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Attic
Laundry Type: Basement
Fireplace Information
Has Fireplace
# of Fireplaces: 2
Brick
Basement Information
Basement: Yes
Partial
Exterior
Property Information
Improvement Assessed Value: $175,500
Ownership Interest: Fee Simple
Property Condition: Fixer
Year Built Source: Estimated
Building Information
Construction Materials: Brick, Block
Other Structures: Above Grade, Shed
Outdoor Living Structures: Deck(s)
Roof: Pitched
Structure Type: Detached
Other Structures: Shed
Lot Information
Lot Features: Trees/Wooded
Lot Size Dimensions: 0X0
Tidal Water: No
Land Information
Land Assessed Value: $276,200
Above Grade Information
Finished Sq.Ft.: 3,367
Finished Sq.Ft. Source: Assessor
Financial
Tax Information
Tax Assessed Value: $451,700
Tax Year: 2017
Tax Annual Amount: $12,557
Utilities
Utilities Information
Oil
Heating Fuel: Oil
Hot Water: Oil
Sewer Septic: On Site Septic
Water Source: Well
Location
School Information
Middle Or Junior School: TIMBERLANE
High School: CENTRAL
School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS
Location Information
Cross Street: PENN ROCKYHILL
Directions: From Pennington Boro, take E Delaware to Rocky Hill Rd, Turn Right onto Elm Ridge. From Princeton, take Carter Rd, pass ETS & turn left onto Elm Ridge
Municipality: HOPEWELL TWP
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 7.12 acres
Style: Other
Year Built: —
Year Renovated: —
County: Mercer County
APN: 0600043 2400027 03
Home facts updated by county records on Jul 14, 2026
Around this home
Schools
Hopewell Elementary School
Public PreK-5 • Assigned • 3.3mi
8/10
Timberlane Middle School
Public 6-8 • Assigned • 2.7mi
6/10
Central High School
Public 9-12 • Assigned • 2.5mi
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
5/10 Heat Factor
7 days above 100° 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)
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57
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81
59
77
57
68
45
55
36
40
24
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$573,000 – $693,000
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