Price Reduction
Address
407 Reading Street, Pennington, NJ
Price
$ 700,000
Property Attributes
- MLS#NJME2078760
- TypeSingle Family
- Listing Status ACTIVE
- CountyMERCER
- CityPennington
- AreaPennington Boro
- Zip08534
- StyleVictorian
- Year Built1913
- Taxes$ 20356
- Price$ 700,000
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms1
- Sqr Footage2734
- Lot Size0.4 Acres
Data Source:
Bright MLS
Property Description
Some homes offer far more than first meets the eye, and this expanded Pennington Victorian is one of them. Set on a rare wide, deep lot just moments from Toll Gate Elementary School, it combines the timeless appeal of an established neighborhood with an impressive amount of indoor and outdoor space. A year-round enclosed front porch with heating and air conditioning creates a welcoming introduction before opening into the living room. Beyond, the kitchen is bright, open, and functional. An inviting addition expands the home's footprint with a fireplace and generous areas for dining and relaxing, while sliding doors lead directly to the fenced backyard, creating an easy connection between indoors and out. Upstairs, four bedrooms with warm wood floors allow everyone some space of their own. The primary suite includes a walk-in closet and private bathroom, while a second-floor sitting area could serve as a home office. A well-appointed hall bathroom serves the ancillary bedrooms. The lower level features two separate basement areas with unusually high ceilings that present exciting possibilities for future finishing, hobbies, storage, or recreation and one even includes a fireplace. Outside, the expansive fenced yard is a true standout. A handsome patio overlooks a remarkably oversized property with abundant space for gardening and entertaining. Completing the package is a substantial detached garage providing exceptional storage and a variety of flexible uses. Located right in the Borough, this home enjoys the charm of tree-lined streets and a vibrant small-town atmosphere while remaining close to shopping, dining, transportation, and major commuter routes. Surprisingly spacious, exceptionally versatile, and with one of the area's more desirable lot sizes, this is a home that offers room to grow both inside and out!
| Elementary School | Middle School | High School |
|---|---|---|
| Toll Gate Grammar School Elementary School | Timberlane Middle School | Hopewell High School |
| Price History | |
|---|---|
| 6/10/2026 | Listed $750,000 |
| 7/27/2026 | 7$700,000 |
General Features
| Living Area | 2734 |
|---|---|
| Sewer | Public Sewer |
| Heating | Baseboard - Hot Water |
| Cooling | Window Unit(s),Wall Unit |
| Possession | Negotiable |
| Roof | Asphalt |
| Zoning | R-80 |
| Patio/Porch Features | Patio(s),Porch(es) |
| Architectural Style | Victorian |
| Construction Materials | HardiPlank Type |
| School District | HOPEWELL VALLEY REGIONAL SCHOOLS |
| Exclusions | Fireplaces and Chimneys are being sold AS IS - seller knows of no issues. |
| Year Built | 1913 |
| Levels | 2 |
| Tax Year | 2025 |
| Ownership | Fee Simple |
| Cool Fuel | Electric |
| Accessibility | None |
| County | MERCER |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | NONE AVAILABLE |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Transportation | Airport less than 10 miles |
| Full Baths | 2 |
| Status | ACTIVE |
| Directions | S. Main Street to W. Welling Avenue to Left on Reading Street to #407 on Left |
| City | PENNINGTON |
| Senior Community Y/N | No |
| MLS Area | Pennington Boro (21108) |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 17498.00 |
| Tax Assessed Value | 606200.0 |
| Tax Annual Amount | 20356.0 |
| Structure Type | Detached |
| Condo/Coop Association fee Y/N | No |
| Bathrooms Count Main Level | 1.00 |
| Price Per Sq Ft Total AG | 256.04 |
| Vacation Rental Y/N | No |
| Virtual Tour | https://players.brightcove.net/5699924528001/default_default/index.html?videoId=6400369800112 |
| Total SQFT | 2734 |
| Standard Status | Active |
| Year Built Source | Assessor |
| Tax Lot | 00006 |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Basement | Full,Unfinished |
| Flooring | Fully Carpeted,Hardwood |
| Total Fireplaces | 2 |
| Fireplace Features | Wood,Gas/Propane |
| Hot Water | Natural Gas |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| Above Grade Finished Area | 2734 |
| Half Baths | 1 |
| Central Air Y/N | No |
| Total Bedrooms | 4 |
| Room Type | Living Room,Primary Bedroom,Sitting Room,Bedroom 2,Bedroom 3,Bedroom 4,Kitchen,Family Room,Laundry,Mud Room,Utility Room,Workshop,Primary Bathroom,Full Bath,Half Bath |
| Below Grade Finished Area Unit Type | Square Feet |
| LivingAreaSource | Assessor |
| Below Grade Unfin Area Units | Square Feet |
| Below Grade Unfin SQFT Source | Assessor |
| Below Grade Finished Area Source | Assessor |
| Bedrooms Count All Upper Levels | 4 |
| Bedrooms Count Upper Level 1 | 4 |
| Bathrooms Half Main Level | 1 |
| Bathrooms Full Upper Level 1 | 2 |
| Bathrooms Full All Upper Levels | 2 |
| Bathrooms Count Upper Level 1 | 2.00 |
| Bathrooms Count Lower Level 1 | 0.00 |
| Bathrooms Count All Upper Levels | 2 |
| Above Grade Finished Area Source | Assessor |
| Above Grade Finished Area Unit Type | Square Feet |
| Total Baths | 3 |
Exterior Features
| Exterior Amenities | Outbuilding(s) |
|---|---|
| Pool | No Pool |
| Parking Features | Asphalt Driveway |
| Water Source | Public |
| Inclusions | All Kitchen Appliances,Washer & Dryer,Blinds- as exist |
| Total Parking Spaces | 6 |
| Type of Parking | Driveway |
| Foundation Details | Concrete Perimeter,Brick/Mortar |
| Water View Y/N | No |
| Lot Dimensions | 100.00 x 175.00 |
| Lot Size Acres | 0.40 |
| Lot Size Source | Assessor |
| Waterfront Y/N | No |
| Land Assessed Value | 314300.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
Room Details
| Room | Dimensions | Level | Flooring | Details |
|---|---|---|---|---|
| Bedroom 2 | Upper 1 | |||
| Bedroom 3 | Upper 1 | |||
| Bedroom 4 | Upper 1 | |||
| Family Room | Upper 1 | |||
| Full Bath | Upper 1 | |||
| Half Bath | Main | |||
| Kitchen | Main | |||
| Laundry | Lower 1 | |||
| Living Room | Main | |||
| Mud Room | Main | |||
| Primary Bathroom | Upper 1 | |||
| Primary Bedroom | Upper 1 | |||
| Sitting Room | Upper 1 | |||
| Utility Room | Lower 1 | |||
| Workshop | Lower 1 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 08534
Price
Taxes
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