OFF MARKET

Off Market May 2021 for $215K

$365,504

Est. refi paymentEst. refi $1,368/mo

•

800

sq ft

2518 Pennington Rd, Pennington, NJ 08534

About this home

Not a fan of condo or townhome living? Well then here is the opportunity you have been waiting for! Completely renovated - nothing to do but unpack! This charming bungalow offers the new owner both a modern and beautifully appointed kitchen and bath (check out the rainfall shower head!), front screened-in porch, rear covered deck, and upstairs laundry! And don't worry about storage - thanks to the full basement and detached garage that won't be an issue. Located in the highly desired Hopewell Valley Regional School District, convenient to restaurants & shopping, and with easy access to all major roadways, NJ Transit, and a regional airport, 2518 Pennington Rd is not to be missed! Zoned H-B-O. Buyer to confirm acceptable use. Cross-listed MLS# NJME307050

Single-familyProperty Type

1920Year Built

0.54 acresLot Size

$457Est. Price/Sq.Ft.

1 garage spacesParking

Listed by Jonathan Lamond • PMI Essential

•609-493-5450 (broker)

•jonathan@nexthomeessentialrealty.com (broker)

Bought with Jonathan Lamond • PMI Essential

•609-493-5450 (broker)

•jonathan@nexthomeessentialrealty.com (broker)

Redfin checked: 2 minutes ago

•Source:BRIGHT MLS #NJME306324

Redfin Estimate

$365,504

$151K since sold in May 2021$12K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 31.8% lower than the average sale price ($536K) of 6 comparable homes.

SOLD MAY 6, 2026
$460,000
A
3 beds1 bath1,597 sq ft
7 Diverty Rd, Pennington, NJ 08534
SOLD MAY 22, 2026
$425,000
B
2 beds1 bath972 sq ft
105 Search Ave, Pennington, NJ 08534
SOLD APR 8, 2026
$475,000
C
2 beds1 bath1,110 sq ft
112 Search Ave, Pennington, NJ 08534
SOLD JUL 15, 2026
$554,000
D
3 beds2 baths1,599 sq ft
1632 Reed Rd, Pennington, NJ 08534
SOLD MAY 14, 2026
$625,000
E
3 beds2 baths1,200 sq ft
5 Cherokee Dr, Pennington, NJ 08534
BOUGHT WITH REDFIN AUG 25, 2026
$675,000
F
3 beds2.5 baths1,894 sq ft
111 Corrine Dr, Pennington, NJ 08534

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Earn from this home

Sell

$188,439

Est. take-home

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Refinance

Est. cash available

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Rent

$1,681/mo

Redfin rental estimate

List your home for rent

Market trends in 08534, NJ

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.6%

0.4% MoM

Median sale price

$645K

$5K MoM

Avg. days on market

51d

4 days MoM

Recently sold homes

13 MoM

New listings for sale

3D WALKTHROUGH
$699,777
4 beds2.5 baths2,500 sq ft
102 Route 31 S, Pennington, NJ 08534
(856) 316-1100
$600,000
3 beds2.5 baths2,052 sq ft
102 Treymore Ct, Pennington, NJ 08534
(609) 921-1050
$669,000
3 beds1 bath1,488 sq ft
404 Federal City Rd, Pennington, NJ 08534
(609) 397-7900
$525,000
3 beds2 baths1,988 sq ft
20 Diverty Rd, Pennington, NJ 08534
(609) 921-9202
COMING SOON
$745,000
4 beds2.5 baths2,407 sq ft
1575 Reed Rd, Pennington, NJ 08534
(609) 737-1500
$455,990
2 beds2 baths1,268 sq ft
1104 Mary Ashby Dr, Hopewell Township, NJ 08534
$589,900
3 beds2.5 baths2,208 sq ft
272 Colt St #272, Pennington, NJ 08534-5171
LISTED BY REDFIN
$899,900
4 beds2.5 baths2,917 sq ft
39 Chicory Ln, Pennington, NJ 08534
$579,990
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
See all

Provided by Redfin

Sale history for 2518 Pennington Rd

Date

Event

Price

BRIGHT MLS #NJME306324

May 6, 2021

Sold

$215,000

$269/sq ft

Apr 2, 2021

Pending

—

Mar 18, 2021

Contingent

—

Jan 2, 2021

Listed

$229,000

$286/sq ft

BRIGHT MLS #NJME306112

Jan 1, 2021

Listing Removed

—

Dec 22, 2020

Listed

$229,000

$286/sq ft

Public Records

Oct 5, 2020

Sold

$115,000

$144/sq ft

BRIGHT MLS #NJME296340

Aug 3, 2020

Sold

$115,000

$144/sq ft

Jul 23, 2020

Pending

—

Jul 15, 2020

Contingent

—

Jul 9, 2020

Price Changed

$129,000

$161/sq ft

Jun 4, 2020

Listed

$139,000

$174/sq ft

+12

Prime renovation opportunity in a high visibility location perfect for signage and zoned for Home Business Office use. Earn sweat equity while updating this fixer-upper with its 1920's farmhouse charm featuring a lovely enclosed front porch and a deep yard. This same-family-owned home is ready for a makeover of its sensible footprint including the eat-in kitchen and the living room with wood floors. Each of the bedrooms has its own individual character. Whether you are looking for an excellently priced home in the highly regarded Hopewell Valley Regional School District or an investment, either option holds so much promise! The septic, heating, and water treatment systems have been updated. This diamond in the rough begs to be polished! As-Is Sale with buyer responsible for township certification prior to occupancy.

BRIGHT MLS #NJME282702

May 11, 2020

Listing Removed

—

Apr 19, 2020

Relisted

—

Apr 18, 2020

Listing Removed

—

Jan 18, 2020

Price Changed

$175,000

$219/sq ft

Jul 16, 2019

Listed

$199,000

$249/sq ft

Public Records

Nov 21, 1994

Sold

$50,000

$63/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$6,594 (+2.8%)

$144,800 + $58,400

$203,200

2024

$6,415 (+3.3%)

$144,800 + $58,400

$203,200

2023

$6,210 (+2.1%)

$144,800 + $58,400

$203,200

2022

$6,082 (−2.2%)

$144,800 + $58,400

$203,200

2021

$6,216 (+2.5%)

$144,800 + $58,400

$203,200

2020

$6,066 (+2.5%)

$144,800 + $58,400

$203,200

2019

$5,917 (+1.9%)

$144,800 + $58,400

$203,200

2018

$5,807 (+2.8%)

$144,800 + $58,400

$203,200

2017

$5,649 (+5.8%)

$144,800 + $58,400

$203,200

2016

$5,340 (+4.2%)

$144,800 + $58,400

$203,200

2014

$5,126 (+0.3%)

$144,800 + $58,400

$203,200

2013

$5,113 (+3.8%)

$144,800 + $58,400

$203,200

2012

$4,928 (+6.9%)

$144,800 + $58,400

$203,200

2011

$4,611 (+5.1%)

$144,800 + $58,400

$203,200

2010

$4,385 (+4.8%)

$144,800 + $58,400

$203,200

2009

$4,184

$144,800 + $58,400

$203,200

Tax history for 2518 Pennington Rd

Year

Property tax

Land + Additions

Assessment*

2025

$6,594 (+2.8%)

$144,800 + $58,400

$203,200

2024

$6,415 (+3.3%)

$144,800 + $58,400

$203,200

2023

$6,210 (+2.1%)

$144,800 + $58,400

$203,200

2022

$6,082 (−2.2%)

$144,800 + $58,400

$203,200

2021

$6,216 (+2.5%)

$144,800 + $58,400

$203,200

2020

$6,066 (+2.5%)

$144,800 + $58,400

$203,200

2019

$5,917 (+1.9%)

$144,800 + $58,400

$203,200

2018

$5,807 (+2.8%)

$144,800 + $58,400

$203,200

2017

$5,649 (+5.8%)

$144,800 + $58,400

$203,200

2016

$5,340 (+4.2%)

$144,800 + $58,400

$203,200

2014

$5,126 (+0.3%)

$144,800 + $58,400

$203,200

2013

$5,113 (+3.8%)

$144,800 + $58,400

$203,200

2012

$4,928 (+6.9%)

$144,800 + $58,400

$203,200

2011

$4,611 (+5.1%)

$144,800 + $58,400

$203,200

2010

$4,385 (+4.8%)

$144,800 + $58,400

$203,200

2009

$4,184

$144,800 + $58,400

$203,200

*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

1.5

Lot width

—

Lot depth

—

Lot size

0.54 Acres

Year renovated

—

Sq. Ft.

800

Year built

1920

Style

Single Family Residential

County

Mercer County

APN

0600078 00004

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 14, 2026.

HBO

Highway Business And Office District

The purpose of this district is to provide areas along arterial streets where these uses would be compatible with highway safety and efficiency. 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 HBO district.

Permitted uses

Include but are not limited to:

Bank
Day care facility
General retail
Restaurant
Tavern / bar / nightclub / micro-Brewery
Hospital / medical center
Hotel / motel
Office
Shopping centers
Veterinary clinic

Property details

Parking

Parking Information
# of Detached Garage Spaces: 1
Garage Features: Garage - Front Entry
# of Total Garage and Parking Spaces: 5
Has Garage
# of Garage Spaces: 1
Driveway - # of Spaces: 4
Gravel Driveway
Driveway, Detached Garage

Interior

Bedroom Information
# of Bedrooms On 1st Upper Level: 2

Bathroom Information
# of Bathrooms (Full) On 1st Upper Level: 1
# of Bathrooms (Full) On All Upper Levels: 1
# of Bathrooms (Full): 1

Interior Information
Flooring Type: Hardwood, Carpet, Ceramic Tile
Living Area Sq.Ft. Source: Estimated

Room Information
Living Room, Bedroom 2, Kitchen, Bedroom 1, Bathroom 1, Screened Porch

Basement Information
Basement: Yes
Full

Exterior

Property Information
Total Below Grade Sq. Ft.: 0
Improvement Assessed Value: $58,400
Ownership Interest: Fee Simple
Year Built Source: Assessor

Building Information
Construction Materials: Frame
Main Entrance Orientation: West
Other Structures: Above Grade, Below Grade
Roof: Pitched
Structure Type: Detached

Lot Information
Lot Size Dimensions: 0.00 x 0.00
Lot Dimensions Source: Assessor
Tidal Water: No

Land Information
Land Assessed Value: $144,800

Above Grade Information
Finished Sq.Ft.: 800
Finished Sq.Ft. Source: Estimated

Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor

Financial

Tax Information
Tax Assessed Value: $203,200
Tax Year: 2019
Tax Annual Amount: $6,057

Assessments Information
Year Assessed: 2020

Utilities

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

Location

School Information
Middle Or Junior School: TIMBERLANE M.S.
High School: HV CENTRAL
School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS
Middle School Source: Listing Agent
High School Source: Listing Agent
School District Source: Listing Agent

Location Information
Directions: Rt 31 North to # 2518. Rt 31 South, jug handle at Denow Rd, right on Rt 31 North to #2518. No left turns into property.
Entry Floor Number: 1
Municipality: HOPEWELL TWP

Public facts

Beds: —
Baths: —
Sq. Ft.: 800
Stories: 1.5
Lot Size: 0.54 acres
Style: Single Family Residential
Year Built: 1920
Year Renovated: —
County: Mercer County
APN: 0600078 00004

Home facts updated by county records on Jul 14, 2026

Around this home

Schools

Stony Brook Elementary School

Public PreK-5 • Assigned • 1.3mi

9/10

Timberlane Middle School

Public 6-8 • Assigned • 2.0mi

6/10

Central High School

Public 9-12 • Assigned • 1.9mi

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 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

$348,000 – $421,000

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Nearby similar homes

3D WALKTHROUGH

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New listings for sale in 08534

3D WALKTHROUGH

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102 Route 31 S, Pennington, NJ 08534

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102 Treymore Ct, Pennington, NJ 08534

(609) 921-1050

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3 beds2 baths1,988 sq ft

20 Diverty Rd, Pennington, NJ 08534

(609) 921-9202

COMING SOON

$745,000

4 beds2.5 baths2,407 sq ft

1575 Reed Rd, Pennington, NJ 08534

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2 beds2 baths1,268 sq ft

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LISTED BY REDFIN3D & VIDEO TOUR

$899,900

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39 Chicory Ln, Pennington, NJ 08534

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3 beds2.5 baths— sq ft

160 Leona Stewart Ln, Hopewell Township, NJ 08534

Home values near 2518 Pennington Rd

Data from public records.

Address	Redfin Estimate
2514 Pennington Road, Pennington, NJ - Beds \| - Baths \| 1882 Sq. Ft.	$538,841
23 York Road, Pennington, NJ 2 Beds \| 2 Baths \| 1909 Sq. Ft.	$644,047

Address	Redfin Estimate
2500 Pennington Road, Pennington, NJ - Beds \| - Baths \| 3676 Sq. Ft.	$1,374,290
9 Westminster Court, Pennington, NJ 4 Beds \| 3.5 Baths \| 2579 Sq. Ft.	$746,786

Address	Redfin Estimate
3 Westminster Court, Pennington, NJ 4 Beds \| 3.5 Baths \| 2640 Sq. Ft.	$759,095
21 York Road, Pennington, NJ 4 Beds \| 3.5 Baths \| 2503 Sq. Ft.	$782,191

Property information provided by BRIGHT MLS when last listed in 2021. 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 2518 Pennington Rd

Tax history for 2518 Pennington 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 2518 Pennington Rd

More real estate resources