OFF MARKET

Off market sep 2017 for $175K

$454,643

Est. refi paymentEst. refi $1,173/mo

•

1,456

sq ft

48 Pennington Lawrenceville, Pennington, NJ 08534

About this home

APPROVED SHORT SALE at asking price! Bring your design ideas and make this . 8 acre special location your own! Located in a small enclave of homes minutes from Princeton, US 1 and 295 this is a terrific commuter location. Sunny eat in kitchen and open L-shaped floor plan in main living area with warming stone fireplace. Enclosed porch for morning coffee or relaxing evenings on your own private little homestead. Selling absolutely AS IS. Tax assessment has been reduced to $258k. 2017 taxes will be significantly lower.

Single-familyProperty Type

1958Year Built

0.81 acresLot Size

$312Est. Price/Sq.Ft.

2 garage spacesParking

Listed by Jane Belger • RE/MAX Tri County

•609-587-9300 (broker)

•remaxtricountynj@gmail.com (broker)

Bought with Patrick Weaver • Corcoran Sawyer Smith - Princeton

•609-737-1500 (broker)

•sawyer@corcoranss.com (broker)

Redfin checked: 3 minutes ago

•Source:BRIGHT MLS #1003334823

Redfin Estimate

$454,643

$280K since sold in September 2017$10K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 24.2% lower than the average sale price ($600K) of 6 comparable homes.

SOLD AUG 31, 2026
$835,000
A
4 beds2.5 baths2,543 sq ft
28 Baldwin St, Pennington, NJ 08534
SOLD JUL 15, 2026
$554,000
B
3 beds2 baths1,599 sq ft
1632 Reed Rd, Pennington, NJ 08534
SOLD MAY 14, 2026
$625,000
C
3 beds2 baths1,200 sq ft
5 Cherokee Dr, Pennington, NJ 08534
SOLD SEP 15, 2026
$440,000
D
3 beds1.5 baths1,744 sq ft
4 Flower Hill Ln, Pennington, NJ 08534
SOLD SEP 21, 2026
$380,000
E
3 beds2 baths1,512 sq ft
2232 Pennington Rd, Ewing, NJ 08638
SOLD JUL 27, 2026
$765,000
F
4 beds2 baths1,890 sq ft
101 Corrine Dr, Pennington, NJ 08534

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Earn from this home

Sell

$313,462

Est. take-home

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Refinance

Est. cash available

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Rent

$2,213/mo

Redfin rental estimate

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Market trends in 08534, NJ

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

101.2%

+0.6% MoM

Median sale price

$680K

$35K MoM

Avg. days on market

58d

7 days MoM

Recently sold homes

3 MoM

New listings for sale

NEW 10 HRS AGO
$435,990
2 beds2 baths— sq ft
1104 Mary Ashby Dr, Hopewell Township, NJ 08534
COMING SOON
$639,900
3 beds2 baths2,300 sq ft
51 Diverty Rd, Pennington, NJ 08534-5011
OPEN SUN, 1PM TO 3PM
$549,000
3 beds2.5 baths1,960 sq ft
227 Concord Pl, Pennington, NJ 08534-5264
OPEN SAT, 12PM TO 2PM
$899,000
4 beds2.5 baths2,512 sq ft
86 Chicory Ln, Pennington, NJ 08534
(609) 737-1500
$577,040
3 beds2.5 baths— sq ft
160 Leona Stewart Ln, Hopewell Township, NJ 08534
3D WALKTHROUGH
$2,250,000
5 beds6 baths5,921 sq ft
19 Tara Way, Pennington, NJ 08534
(609) 921-1050
$475,000
4 beds1.5 baths1,194 sq ft
81 Hopewell Pennington Rd, Hopewell, NJ 08525
(908) 306-9600
$639,000
4 beds2 baths1,900 sq ft
20 Route 31 S, Pennington, NJ 08534
(844) 837-5274
$298,500
1 bed1 bath764 sq ft
Pennington, NJ 08534
(609) 921-1050
See all

Provided by Redfin

Sale history for 48 Pennington Lawrenceville

Date

Event

Price

TREND #6844645

Sep 8, 2017

Sold

$175,000

$120/sq ft

Jun 1, 2017

Pending

—

May 10, 2017

Contingent

—

Feb 15, 2017

Relisted

—

Feb 14, 2017

Price Changed

$200,000

$137/sq ft

Feb 14, 2017

Contingent

—

Jan 1, 2017

Pending

—

Nov 1, 2016

Contingent

—

Nov 1, 2016

Relisted

—

Oct 10, 2016

Contingent

—

Aug 15, 2016

Listed

$225,000

$155/sq ft

BRIGHT MLS #1003334823

Sep 8, 2017

Sold

$175,000

$120/sq ft

Aug 13, 2016

Listed

$200,000

$137/sq ft

Public Records

Mar 28, 2000

Sold

$195,000

$134/sq ft

Public Records

Jan 28, 2000

Sold

$195,000

$134/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$8,898 (+2.8%)

$181,500 + $101,900

$283,400

2024

$8,656 (+3.3%)

$172,300 + $101,900

$274,200

2023

$8,380 (+2.1%)

$172,300 + $101,900

$274,200

2022

$8,207 (−2.2%)

$172,300 + $101,900

$274,200

2021

$8,388 (+8.9%)

$172,300 + $101,900

$274,200

2020

$7,704 (+2.5%)

$172,300 + $85,800

$258,100

2019

$7,516 (+1.9%)

$172,300 + $85,800

$258,100

2018

$7,377 (+2.8%)

$172,300 + $85,800

$258,100

2017

$7,175 (−23.2%)

$172,300 + $85,800

$258,100

2016

$9,347 (+4.2%)

$172,300 + $85,800

$258,100

2014

$8,974 (+0.3%)

$207,500 + $148,200

$355,700

2013

$8,949 (+3.8%)

$207,500 + $148,200

$355,700

2012

$8,626 (+4.2%)

$207,500 + $148,200

$355,700

2011

$8,275 (−6.4%)

$207,500 + $148,200

$355,700

2010

$8,841 (+4.8%)

$216,500 + $148,200

$364,700

2009

$8,436

$261,500 + $148,200

$409,700

Tax history for 48 Pennington Lawrenceville

Year

Property tax

Land + Additions

Assessment*

2025

$8,898 (+2.8%)

$181,500 + $101,900

$283,400

2024

$8,656 (+3.3%)

$172,300 + $101,900

$274,200

2023

$8,380 (+2.1%)

$172,300 + $101,900

$274,200

2022

$8,207 (−2.2%)

$172,300 + $101,900

$274,200

2021

$8,388 (+8.9%)

$172,300 + $101,900

$274,200

2020

$7,704 (+2.5%)

$172,300 + $85,800

$258,100

2019

$7,516 (+1.9%)

$172,300 + $85,800

$258,100

2018

$7,377 (+2.8%)

$172,300 + $85,800

$258,100

2017

$7,175 (−23.2%)

$172,300 + $85,800

$258,100

2016

$9,347 (+4.2%)

$172,300 + $85,800

$258,100

2014

$8,974 (+0.3%)

$207,500 + $148,200

$355,700

2013

$8,949 (+3.8%)

$207,500 + $148,200

$355,700

2012

$8,626 (+4.2%)

$207,500 + $148,200

$355,700

2011

$8,275 (−6.4%)

$207,500 + $148,200

$355,700

2010

$8,841 (+4.8%)

$216,500 + $148,200

$364,700

2009

$8,436

$261,500 + $148,200

$409,700

*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

0.81 Acres

Year renovated

—

Sq. Ft.

1,456

Year built

1958

Style

Single Family Residential

County

Mercer County

APN

0600071 00012 01

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Apr 7, 2026.

R100

Residential District

The purpose of this section is to recognize the existing pattern of detached dwellings, to preserve environmentally critical areas as identified in the adopted master plan and the natural resources inventory, and to allow the township to provide a variety of housing, including lower income housing in the identified areas. The selection of dwelling unit types in the R-5 District should provide a balance of housing choices attractive to all income and age segments of the community as part of the township's fair share of the regional housing needs. The criteria are intended to provide flexibility in the design of developments to aid in reducing housing costs, encouraging lower income housing, allowing construction to avoid environmentally critical areas, and removing residences from busy highways and other potential nuisances created by noise and visual blight.

Permitted uses

Include but are not limited to:

Agriculture
Restaurant
Housing-Group
Housing-Single unit
Housing-Multiple units
Public service
Library
Golf related
Housing-Mobile home park
Park & open space

Property details

Parking

Parking Information
# of Attached Garage Spaces: 2
# of Total Garage and Parking Spaces: 5
Has Garage
# of Garage Spaces: 2
# of Open Parking Spaces: 3
Attached Garage

Interior

Virtual Tour

Bathroom Information
# of Bathrooms (Half) On Main Level: 1
# of Bathrooms (Full) On Main Level: 1
# of Bathrooms (Half): 1
# of Bathrooms (Full): 1

Interior Information
Interior Features: Master Bath(s), Kitchen - Eat-In
Living Area Sq.Ft. Source: Assessor

Room Information
Living Room, Dining Room, Master Bedroom, Bedroom 2, Kitchen, Bedroom 1, Laundry
Laundry Type: Basement

Fireplace Information
Has Fireplace
# of Fireplaces: 1

Basement Information
Basement: Yes
Full

Exterior

Property Information
Improvement Assessed Value: $148,200
Ownership Interest: Fee Simple
Year Built Source: Estimated

Building Information
Construction Materials: Aluminum Siding
Other Structures: Above Grade
Structure Type: Detached

Pool Information
Personal Pool
Access To Pool
Above Ground

Lot Information
Lot Size Dimensions: 0
Tidal Water: No

Land Information
Land Assessed Value: $207,500

Above Grade Information
Finished Sq.Ft.: 1,456
Finished Sq.Ft. Source: Assessor

Financial

Tax Information
Tax Assessed Value: $355,700
Tax Year: 2016
Tax Annual Amount: $9,650

Utilities

Utilities Information
Electric, Baseboard
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: On Site Septic
Water Source: Well

Location

School Information
Elementary School: TOLL GATE GRAMMAR SCHOOL
Middle Or Junior School: TIMBERLANE
High School: CENTRAL
School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS

Location Information
Cross Street: BLACKWELL
Directions: Pennington Circle to Rte 546 (Lawrenceville) to left on Pennington Lawrenceville. Home on the left.
Municipality: HOPEWELL TWP

Public facts

Beds: —
Baths: —
Sq. Ft.: 1,456
Stories: 1.0
Lot Size: 0.81 acres
Style: Single Family Residential
Year Built: 1958
Year Renovated: —
County: Mercer County
APN: 0600071 00012 01

Home facts updated by county records on Apr 7, 2026

Around this home

Schools

Toll Gate/Grammar Elementary School

Public PreK-5 • Assigned • 0.9mi

7/10

Timberlane Middle School

Public 6-8 • Assigned • 2.0mi

6/10

Central High School

Public 9-12 • Assigned • 1.8mi

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

$432,000 – $523,000

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Nearby similar homes

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New listings for sale in 08534

NEW 10 HRS AGO

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2 beds2 baths— sq ft

1104 Mary Ashby Dr, Hopewell Township, NJ 08534

COMING SOON

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51 Diverty Rd, Pennington, NJ 08534-5011

OPEN SUN, 1PM TO 3PM

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OPEN SAT, 12PM TO 2PM3D WALKTHROUGH

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3 beds2.5 baths— sq ft

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3D WALKTHROUGH

$2,250,000

5 beds6 baths5,921 sq ft

19 Tara Way, Pennington, NJ 08534

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81 Hopewell Pennington Rd, Hopewell, NJ 08525

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20 Route 31 S, Pennington, NJ 08534

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$298,500

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Home values near 48 Pennington Lawrenceville

Data from public records.

Address	Redfin Estimate
50 Penn Lawrenceville Road, Pennington, NJ - Beds \| - Baths \| 1989 Sq. Ft.	$608,063
51 Penn Lawrenceville Road, Pennington, NJ 3 Beds \| 2 Baths \| 1560 Sq. Ft.	$655,435

Address	Redfin Estimate
49 Penn Lawrenceville Road, Pennington, NJ 2 Beds \| 1 Baths \| 1273 Sq. Ft.	$469,258
31 Buckingham Drive, Pennington, NJ 2 Beds \| 2.5 Baths \| 1909 Sq. Ft.	$666,093

Address	Redfin Estimate
53 Penn Lawrenceville Road, Pennington, NJ - Beds \| - Baths \| 1513 Sq. Ft.	$561,500
29 Buckingham Drive, Pennington, NJ 3 Beds \| 2.5 Baths \| 2834 Sq. Ft.	$759,029

Property information provided by BRIGHT MLS when last listed in 2016. 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 48 Pennington Lawrenceville

Tax history for 48 Pennington Lawrenceville

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 48 Pennington Lawrenceville

More real estate resources