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Backup Offers

432 S Main St, Pennington, NJ, 08534

$599,000

Home List Price

$7,113*

Closing Credit

0 Baths
Multi

Location

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432 S Main St, Pennington$599,000

Buyer Closing Credits

$7,113*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingGarage - Front Entry, Detached Garage, Driveway
Garage2 spaces
Year Built1920
HeatingForced Air
CoolingWindow Unit(s)
BasementYes
MLS #NJME2050460
Lot Size0.46 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 432 S Main St

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, it’s 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!

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 1920

Listing Office:

  • Office Name: Callaway Henderson Sotheby's Int'l-Princeton
  • Office Phone: (609) 921-1050
  • Listing Agent: Sue A Havens

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Garage - Front Entry, Detached Garage, Driveway

Lot Features

Lot Information:

  • Lot Size: 0.46 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: South Main Street Pennington located across from the Board of Ed building

Municipality:

  • Pennington Boro

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,000

Tax Information:

  • Annual Amount: $12,108
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Pennington, NJ.

Med. Sold Price

$600K

Med. Price/SqFt

$291

Avg. Days On Market

30

# of Sold Homes

12

432 S Main St vs Pennington

28 DAYS ON ROCKET

-2 Days

$599,000

-$1K Less

KEY TAKEAWAY

This property is $1K less than the Median Sold Price in Pennington, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #NJME2050460

Listing Office:

  • Office Name: Callaway Henderson Sotheby's Int'l-Princeton
  • Office Phone: (609) 921-1050
  • Listing Agent: Sue A Havens

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 9:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$12,108$441,900
2019$11,834$441,900
2018$11,834$441,900
2017$13,566$441,900

History based on county public records data.

Payment Calculator

$3,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,862

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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.

Nearby Schools

school-card-donut-245941
10
/10
  • Toll Gate Grammar School

  • 275 S Main St

  • 0.23 miles

  • Public District Grades KG-5

school-card-donut-245942
10
/10
  • Stony Brook Elementary School

  • 20 Stephenson Rd

  • 1.87 miles

  • Public District Grades KG-5

school-card-donut-245943
7
/10
  • Bear Tavern Elementary School

  • 1162 Bear Tavern Rd

  • 3.11 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $174,603. Most Pennington, NJ residents have annual incomes $200k+. The most common type of family is married, with kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesNew JerseyMercer CountyPennington08534432 S Main St

This home is located at 432 S Main St in Pennington, NJ and zip code 08534. This home, which was built in 1920, sits on a 0.46 acre lot. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $599,000.

While more than 6 listings in Pennington, NJ in October 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 3 were sold below. The number of homes for sale in Pennington, NJ increased by 5.1% between September 2024 and October 2024. The median list price of listings available in October 2024 was $600,000, while the average time on the real estate market was 30 days.

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

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