Pennington NJ Multi Family for Sale
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.46 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- NJME2050460
- Subdivision:
- None Available
ADDITIONAL INFORMATION
This 1920 Cape Cod is perched up high overlooking the main thoroughfare in the charming town of Pennington. Although this home was originally a single dwelling and could be converted back to one, itâs currently a two-unit income producing property. A covered porch spans the entire front of the home and is shared by both the upstairs and downstairs tenants. Here you will find separate entrances for each apartment. On the first floor the long term tenant enjoys original wood floors that carry through the living room, dining room and into the sunny kitchen. A small rear vestibule and enclosed porch lead to the rear deck and fenced in yard. Two bedrooms, the larger with two closets, and a full bath complete the first floor. Basement laundry and storage are useful for the lucky first floor tenant. Enter the vacant second floor unit via a private side stairway with a space to kick off shoes and coats and a little utility closet at the top landing. Newer cabinetry lines the eat-in kitchen and tucked away are a full size washer and dryer making laundry convenient for the next tenant. A pair of sweet dormered window banks bring natural light into the kitchen and living room where the dividing wall is open to bring the common living areas together. Two bedrooms and a full bathroom make this unit complete. The real star of this property is the beauty of the lot itself. Perhaps the new owner will convert and expand this home into a custom single home or maybe the idea of all new construction will become clear after touring the large lot complete with a detached two-car garage and expansive driveway. Certainly an affordable way to become a homeowner in the highly sought after Borough of Pennington. Bring your vision! Sold AS-IS!
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.77 Acres
- Year built:
- 1951
- Baths:
- MLS#:
- NJME2047850
ADDITIONAL INFORMATION
This exceptional family compound offers two distinct residences on 10 acres, ideal for multi-generational living or investment opportunities. The first property is a modern, two-story home with 4 bedrooms and 3 bathrooms, boasting contemporary design and ample living space. Adjacent to it is a charming ranch-style home with 3 bedrooms and 1 bathroom, perfect for extended family or guests. Both homes are set on separate 5-acre lots, providing privacy and space. Additionally, the compound includes a thriving landscaping business, offering potential for personal use or rental income.
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Pennington Real Estate
The median home value in Pennington, NJ is $600,000. This is higher than the county median home value of $344,600. The national median home value is $338,100. The average price of homes sold in Pennington, NJ is $600,000. Approximately 69.37% of Pennington homes are owned, compared to 21.57% rented, while 9.06% are vacant. Pennington real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Pennington real estate agent to arrange a tour today!
Pennington, New Jersey has a population of 2,777. Pennington is more family-centric than the surrounding county with 34.53% of the households containing married families with children. The county average for households married with children is 32.83%.
The median household income in Pennington, New Jersey is $141,250. The median household income for the surrounding county is $85,687 compared to the national median of $69,021. The median age of people living in Pennington is 47.8 years.
Pennington Weather
The average high temperature in July is 86.1 degrees, with an average low temperature in January of 20.7 degrees. The average rainfall is approximately 48 inches per year, with 20.8 inches of snow per year.