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Sold for $398,000
  • $398,000

    308 Pennington Ave, Waterford Works, NJ 08089

    4beds
    3baths
    1,920sqft
    Triplex
    Built in 1944
    -- sqft lot
    $424,400 Zestimate®
    $207/sqft
    $1,881 Estimated rent

    Home value

    $424,400

    $369,000 - $488,000

    $1,881/mo

    Zestimate® history
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    What's special

    Detached garageMove-in readyModern updates
    Back on the market! Welcome to 308 Pennington Ave, a fully renovated multifamily triplex in Waterford Works, Winslow Township, NJ! This **turnkey property** features **7 bedrooms** and **3 full bathrooms** across three units, making it an exceptional opportunity for both investors and homeowners. The home boasts a **brand new well** and **brand new septic system**, offering peace of mind and long-term reliability. With modern updates throughout, each unit is move-in ready, perfect for immediate occupancy or rental. The additional **detached garage** provides extra storage or rental potential, further enhancing the value of this investment. Located in a quiet, convenient area close to major highways and local amenities, this property is fully renovated and ready to **cash flow** from day one. Don’t miss out on this prime opportunity to own a high-performing asset!

    Zillow last checked:

    Listing updated:

    Listed by:

    Devin Dinofa 856-577-2694,

    Keller Williams Realty - Moorestown

    Bought with:

    Jynette Hernandez, 2298912

    EXP Realty, LLC

    Source: Bright MLS,MLS#: NJCD2079676MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Basement
    • Area: 0
    Heating
    • Forced Air, Oil
    Cooling
    • None, Electric
    Appliances
    • Included: Electric Water Heater
    Features
    • Breakfast Area, Dining Area, Floor Plan - Traditional, Eat-in Kitchen, Kitchen - Gourmet, Upgraded Countertops
    • Flooring: Carpet, Vinyl
    • Has fireplace: No
    Interior area
    • Total structure area: 1,920
    • Total interior livable area: 1,920 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage Faces Front, Driveway, Detached
    • Garage spaces: 2
    • Uncovered spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Exterior features: Sidewalks, Street Lights
    • Pool features: None
    Lot
    • Size: 6,342 sqft
    • Dimensions: 100.67 x 63.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 360471500001
    • Zoning: MULTI
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Triplex
    Materials
    • Aluminum Siding
    • Foundation: Concrete Perimeter
    • Roof: Shingle
    Condition
    • Excellent
    • New construction: No
    • Year built: 1944
    • Major remodel year: 2023

    Utilities & green energy

    • Sewer: On Site Septic
    • Water: Well

    Community & neighborhood

    Location
    • Region: Waterford Works
    • Municipality: WINSLOW TWP

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    3/7/2025Sold$398,000$207/sqft
    Source: Bright MLS #NJCD2079676 Report a problem
    1/29/2025Pending sale$398,000$207/sqft
    Source: Bright MLS #NJCD2079676 Report a problem
    1/27/2025Listed for sale$398,000$207/sqft
    Source: Bright MLS #NJCD2079676 Report a problem
    12/9/2024Pending sale$398,000$207/sqft
    Source: Bright MLS #NJCD2079676 Report a problem
    11/11/2024Listed for sale$398,000-6.4%$207/sqft
    Source: Bright MLS #NJCD2079676 Report a problem
    10/28/2024Listing removed$425,000$221/sqft
    Source: Bright MLS #NJCD2076032 Report a problem
    9/13/2024Listed for sale$425,000+175.1%$221/sqft
    Source: Bright MLS #NJCD2076032 Report a problem
    3/29/2024Sold$154,500-22.8%$80/sqft
    Source: Bright MLS #NJCD2062770 Report a problem
    2/8/2005Sold$200,000$104/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,934 +1.9%$160,600
    2024$5,822 -4.6%$160,600
    2023$6,101 +3.2%$160,600
    2022$5,913 +2%$160,600
    2021$5,794 +0.6%$160,600
    2020$5,759 +1.4%$160,600
    2019$5,680 $160,600
    2018$5,680 +3.1%$160,600
    2017$5,509 +1.5%$160,600
    2016$5,428 +2.3%$160,600
    2015$5,308 +1.3%$160,600
    2014$5,237 +30.7%$160,600
    2012$4,008 +2.8%$160,600 +110.8%
    2011$3,900 +3.7%$76,200
    2010$3,760 +1.1%$76,200
    2009$3,719 $76,200
    2008-- $76,200
    2007-- $76,200
    2006-- $76,200 +0.9%
    2005-- $75,500
    2004-- $75,500
    2003-- $75,500
    2002-- $75,500
    2001-- $75,500

    Find assessor info on the county website

    Neighborhood: 08089

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Waterford Township Public Schools

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $424,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $424,400