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Sold for $225,000
  • $225,000

    27 E Franklin Ave, Pennington, NJ 08534

    --beds
    --baths
    8,451Square Feet
    Unimproved Land
    Built in ----
    8,451 Square Feet Lot
    $385,900 Zestimate®
    $--/sqft
    $2,472 Estimated rent

    Home value

    $385,900

    $332,000 - $444,000

    $2,472/mo

    Zestimate® history
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    $2,472/mo

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    $1,334/mo

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    $1,334/mo

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    What's special

    This lot is located on a leafy, tree-lined street and is brimming with potential. It already has utilities in place with access to public water and sewer. While a previous house fire has left the site in need of clearing—a responsibility that falls to the new buyer or builder—the opportunity here is incredible. The buyer will need to contact the Borough for guidance on setbacks and allowable square footage. The former home was an estimated 2000 square feet. This is a remarkable value for those willing to invest the time and effort; the location is key, and the price is right! No survey available.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer E Curtis 609-610-0809,

    Callaway Henderson Sotheby's Int'l-Princeton

    Bought with:

    Jennifer E Curtis, 898424

    Callaway Henderson Sotheby's Int'l-Princeton

    Source: Bright MLS,MLS#: NJME2044628MLS Logo

    Facts & features

    Property

    Lot
    • Size: 8,451 Square Feet
    Details
    • Parcel number: 080010400012 01
    • Zoning: R-80
    • Special conditions: Standard

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Pennington
    • Municipality: PENNINGTON BORO

    Financial & listing details

    • Tax assessed value: $310,000
    • Annual tax amount: $9,451
    • Date on market: 6/14/2024
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    7/26/2024Sold$225,000+50%
    Source: Bright MLS #NJME2044628 Report a problem
    6/18/2024Contingent$150,000
    Source: Bright MLS #NJME2044628 Report a problem
    6/14/2024Listed for sale$150,000-69.1%
    Source: Bright MLS #NJME2044628 Report a problem
    12/7/2023Listing removed--
    Source: Bright MLS #NJME2003658 Report a problem
    12/6/2021Sold$485,000+1%
    Source: Bright MLS #NJME2003658 Report a problem
    10/9/2021Pending sale$479,999
    Source: Bright MLS #NJME2003658 Report a problem
    10/8/2021Contingent$479,999
    Source: Bright MLS #NJME2003658 Report a problem
    9/30/2021Price change$479,999-4%
    Source: Bright MLS #NJME2003658 Report a problem
    8/14/2021Listed for sale$499,997
    Source: Bright MLS #NJME2003658 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,464 -44.9%$170,700 -44.9%
    2024$9,923 -42.8%$310,000
    2023$17,361 +22.9%$310,000 -49.4%
    2022$14,122 $612,600
    Find assessor info on the county website

    Neighborhood: 08534

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • 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.