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.
The median home value in Pennington, NJ is $634,500. This is higher than the county median home value of $243,600. The national median home value is $219,700. The average price of homes sold in Pennington, NJ is $634,500. Approximately 71.83% of Pennington homes are owned, compared to 24.01% rented, while 4.16% 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 2,591. Pennington is more family-centric than the surrounding county with 38.35% of the households containing married families with children. The county average for households married with children is 33.48%.
The median household income in Pennington, New Jersey is $121,667. The median household income for the surrounding county is $77,027 compared to the national median of $57,652. The median age of people living in Pennington is 46.4 years.
The average high temperature in July is 85.5 degrees, with an average low temperature in January of 22.7 degrees. The average rainfall is approximately 48 inches per year, with 22.2 inches of snow per year.