Live, Work & Thrive in Desirable Hopewell Township! Completely remodeled and offering exceptional flexibility, this spacious 4-bedroom, 2.5-bath Colonial sitting on 2.45 acres, is an ideal opportunity for both residential living and business use, thanks to its SI (special industrial) zoning. The street is dotted with single family homes as well as some commercial businesses. The first floor features a private office that could easily serve as a 5th bedroom if desired, along with formal living and dining rooms, an eat-in kitchen, and a large family room with a wood burning fireplace and plenty of space for gathering and entertaining. The thoughtfully updated home includes new electrical service and hot water baseboard heat. Additional highlights include a two-car garage, screened-in porch, and expansive backyard offering plenty of room for outdoor enjoyment, recreation, or future possibilities. Enjoy an easy commute with convenient access to Route 31, I-295, Route 29, Trenton-Mercer Airport, and major train lines serving New York City and Philadelphia. The property is also conveniently located near shopping, banking, restaurants, The College of New Jersey, and Rider University. Whether you're looking for a comfortable home, a dedicated workspace, a potential 5th bedroom, or a property that can accommodate both home and business needs, this versatile Hopewell Township property offers endless possibilities. Call the zoning office to confirm if your business fits here (office space, cannabis, storage facility, restaurant, warehouse, laboratory, research, agriculture...). Come see it and imagine all that you can do here.
Coming soon 09/16
$745,000
1575 Reed Rd, Pennington, NJ 08534
4beds
2,407sqft
Single Family Residence
Built in 1974
2.45 Acres Lot
$-- Zestimate®
$310/sqft
$-- HOA
What's special
- 11 days
- 582
- 41
Zillow last checked:
Listing updated:
Listed by:
Elisabeth Kerr 609-306-5432,
Corcoran Sawyer Smith - Pennington
Source: Bright MLS,MLS#: NJME2083086
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 4
Rooms
- Room types: Living Room, Dining Room, Family Room, Office, Half Bath
Dining room
- Level: Main
Family room
- Level: Main
Half bath
- Level: Main
Living room
- Level: Main
Office
- Level: Main
Heating
- Baseboard, Natural Gas
Cooling
- Central Air, Natural Gas
Appliances
- Included: Gas Water Heater
- Laundry: Main Level
Features
- Basement: Full
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 2,407
- Total interior livable area: 2,407 sqft
- Finished area above ground: 2,407
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Garage Faces Front, Asphalt, Attached
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio, Screened, Porch
- Pool features: None
Lot
- Size: 2.45 Acres
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 060009100038
- Zoning: SI
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Block
Condition
- New construction: No
- Year built: 1974
- Major remodel year: 2026
Utilities & green energy
- Sewer: Septic = # of BR
- Water: Well
Community & HOA
Community
- Security: Security System
- Subdivision: None Available
HOA
- Has HOA: No
Location
- Region: Pennington
- Municipality: HOPEWELL TWP
Financial & listing details
- Price per square foot: $310/sqft
- Tax assessed value: $461,100
- Annual tax amount: $14,989
- Date on market: 9/16/2026
- Listing agreement: Exclusive Right To Sell
- Inclusions: Refrigerator, Stove, Dishwasher, Shed
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 3/5/2025 | Sold | $400,000+63.6%$166/sqft |
Source: Public Record Report a problem | ||
| 8/19/1999 | Sold | $244,500+8.7%$102/sqft |
Source: Public Record Report a problem | ||
| 9/13/1993 | Sold | $225,000$93/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,022 | $461,100 |
| 2024 | $14,022 -0.6% | $461,100 |
| 2023 | $14,105 | $461,100 |
| 2022 | $14,105 +2.5% | $461,100 |
| 2021 | $13,764 +2.5% | $461,100 |
| 2020 | $13,427 +1.9% | $461,100 |
| 2019 | $13,178 +2.8% | $461,100 |
| 2018 | $12,819 +2.5% | $461,100 |
| 2017 | $12,510 +2.2% | $461,100 |
| 2016 | $12,242 +2.1% | $461,100 |
| 2015 | $11,989 +3.3% | $461,100 |
| 2014 | $11,601 +3.8% | $461,100 |
| 2013 | $11,182 +6.9% | $461,100 |
| 2012 | $10,462 +2% | $461,100 |
| 2011 | $10,253 +0.3% | $461,100 -2.9% |
| 2010 | $10,223 +3.2% | $475,100 -4.3% |
| 2009 | $9,910 +4.8% | $496,500 |
| 2008 | $9,458 -0.5% | $496,500 |
| 2007 | $9,503 | $496,500 +109.3% |
| 2006 | -- | $237,200 |
| 2005 | -- | $237,200 |
| 2004 | $7,211 | $237,200 |
| 2003 | -- | $237,200 |
| 2002 | -- | $237,200 |
| 2001 | -- | $237,200 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 08534
Nearby schools
Schools provided by the listing agent
- Middle: Timberlane M.s.
- High: Central H.s.
- District: Hopewell Valley Regional Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






