5 months on rocket

1004 Penny Ln, Scotch Plains Twp, NJ, 07076

$1,950,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
4 Full Baths, 1 Partial
House

Location

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1004 Penny Ln, Scotch Plains Township$1,950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking2 Car Width, On-Street Parking, Paver Block, Built-In Garage, Garage Door Opener, Oversize Garage
Garage2 spaces
Year Built2023
HeatingNatural Gas
CoolingCeiling Fan(s), Central Air
BasementYes
FireplaceBedroom 1, Family Room, Gas Fireplace, Great Room
MLS #3902650
Lot Size0.31 Acres
StatusActive

About 1004 Penny Ln

NEW CUSTOM LUXURY HOME! This remarkably crafted home is situated at the end of a new cul-de-sac with views of the prestigious Plainfield Country Club. Step into the foyer and experience the opulence of a 25 foot ceiling. Take in the beautiful views from the master bedroom balcony or relax under the covered porch which opens up to the family room and entertaining area. The first floor has a stunning open kitchen, high coffered ceilings, large center island, and custom cabinetry with bar area. Home features 6 spacious bedrooms, 5 bathrooms, an In-law Suite on the first floor, 3 fireplaces, 3 zone heating/cooling, and summer kitchen in walk-out basement built to host lavish parties. Stunning master bedroom, enormous master closet with french windows, and an all marble master bathroom put this home in a class above the rest. Meticulous attention to detail is observed throughout the house from cabinetry, moldings, to inlet lighting underneath every crown molding illuminating its architectural charm. Old world craftsmanship is observed in every detail. Must see to fully appreciate all it's beauty- schedule your tour today.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 2023

Listing Office:

  • Office Name: DAVID REALTY GROUP LLC
  • Office Phone: (908) 264-8843

Interior Features

Interior Information:

  • Appliances: Central Vacuum, Dishwasher, Dryer, Microwave, Gas Range, Gas Oven, Refrigerator, Self Cleaning Oven, Washer, Wine Cooler
  • Basement: Yes
  • Flooring Type: Stone, Wood
  • Fireplace: Bedroom 1, Family Room, Gas Fireplace, Great Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Curbs, Deck, Open Porch(es), Underground Lawn Sprinkler

Parking Information:

  • Garage Space: 2 spaces
  • Parking: 2 Car Width, On-Street Parking, Paver Block, Built-In Garage, Garage Door Opener, Oversize Garage

Lot Features

Lot Information:

  • Lot: Cul-De-Sac
  • Lot Size: 0.31 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air

School Info

Assigned Schools Information:

  • Scotch Plains-Fanwood High School, Public District Grades 9-12
  • Terrill Middle School, Public District Grades 5-8
  • J. Ackerman Coles Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: Raritan Road to King Street, left onto Penny Lane, last house at the end of the cul-de-sac

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,950,000
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Housing Market Comparison

See how this home compares to others in Scotch Plains Township, NJ.

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Scotch Plains Township, NJ

City

Med. Sold Price

$769K

Med. Price/SqFt

$398

# of Sold Homes

14

1004 Penny Ln vs Scotch Plains Township

170 DAYS ON ROCKET

$1,950,000

+$1.1M More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price in Scotch Plains Township, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3902650

Listing Office:

  • Office Name: DAVID REALTY GROUP LLC
  • Office Phone: (908) 264-8843

Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.

Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 12:55:46 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$9,800

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,913

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1902699
8
/10

  • J. Ackerman Coles Elementary School

  • 16 Kevin Rd

  • 1.72 miles

  • Public District Grades PK-4

Middle School

school-card-donut-1902700
4
/10

  • Terrill Middle School

  • 1301 Terrill Rd

  • 2.01 miles

  • Public District Grades 5-8

High School

school-card-donut-1902701
7
/10

  • Scotch Plains-Fanwood High School

  • 667 Westfield Rd

  • 3.59 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $252,373. Most Scotch Plains Township, NJ residents have annual incomes $200k+. Typical family type is married, with kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1004 Penny Ln

What is the listing price of this property?

The listing price of 1004 Penny Ln property is $1,950,000.

What type of property is this?

The property 1004 Penny Ln is a house located in Scotch Plains Twp, New Jersey, 07076.

Is this property for sale now?

Active Listing: 1004 Penny Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1004 Penny Ln are:
J. Ackerman Coles Elementary School: GreatSchools Rating 8/10
Terrill Middle School: GreatSchools Rating 4/10
Scotch Plains-Fanwood High School: GreatSchools Rating 7/10

How many bedrooms and bathrooms does this property have?

The property at 1004 Penny Ln has 6 bedrooms and 4 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 1004 Penny Ln is 2023.

Rocket Homes›New Jersey›Union County›Scotch Plains Township›07076›1004 Penny Ln

This home is located at 1004 Penny Ln in Scotch Plains Twp, NJ and zip code 07076. This home, which was built in 2023, sits on a 0.31 acre lot. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 18, 2024 and is currently priced at $1,950,000.

Scotch Plains Township, NJ housing market in October 2024 saw over 7 listings sold above listed price, more than 2 sold at listed price and over 5 sold below. The number of homes for sale in Scotch Plains Township, NJ increased by 25.8% between September 2024 and October 2024.

From Rocket Homes Real Estate and based on county public records data.

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