27 E Franklin Avenue

Pennington, NJ
$ 499,500 Beds 5 Baths 0
Monthly Estimate* How much can I afford?

Urban Flight? Looking for Multi-Generational Living? Looking to live in one home and get rental income from a 2nd Home? This is a truly special & rare property in one of the most-beloved neighborhoods & small towns in NJ. With two single family homes on the property with large yard, it is ideal for multi-generational living. This property provides numerous & wonderful possibilities. You can live in one residence and use the other residence as a home office or studio; or, you can live in one home, and invite loved ones or an au pair, to live, or stay, in the other; or, you can use it as a guest house; or, you can continue to use it as an income-producing property, like it is now, to help offset and reduce your overall living expenses. The possibilities, abound. The delightful three-bedroom, two-full bath home... situated in a quiet, picturesque section of Pennington Borough, boasts plenty of charm and character, throughout. Bright & sunny... it possesses hardwood floors, pocket doors, built-ins, skylights, a deck, and much more... this home awaits your own decorating style. The detached and cozy, two-bedroom, one-full bath, ranch-style home, with full kitchen, living room, and spacious private deck, possesses its' own privacy, inside and out. As you can see, this property presents a wonderful opportunity to accommodate loved ones, frequent visitors, and au pair, or, a tenant (income producing investment). Location, Location, location Just a short distance to the heart of Pennington Borough and everything it has to offer... schools, restaurants, shops, parks, & houses of worship. Kunkel Park is close-by, too. All public schools are located within 1 +/- mile from the two homes. In addition to public schools, Pennington is also home to "The Pennington School", a private, coeducational college preparatory school for day and boarding students in sixth through twelfth grades. You won't want to miss this rare opportunity to own one of the most unique properties in the historical borough of Pennington. Recent updates/improvements in the main home include: New Roof (2013); Hardwood Flooring (2013); New 200A Electric Panel (2013); Crawl Space French Drain/Sump Pump (2013); Multi-unit Inverter AC system (2014); 11 Andersen Windows (2015); Dishwasher (2015); S/S Kitchen Cooktop (2016); Gas Boiler (2016); Sump-Pump (2018); 3 Skylights. Recent updates/improvements in the second home include: New Roof (2013); Bathroom Skylight (2013); Basement Work- Footers, ground leveling, vapor barrier, and sump pump (2013); Stove/Oven (2016); Dishwasher (2017); Refrigerator (2018)... The property is conveniently located near downtown Pennington Borough, within short distance to shops, restaurants, schools, houses of worship, & banks. Quick & easy access to route 31, I-95, I-195, I-295, Trenton/Hamilton train stations, Princeton, NYC, Philly, the Jersey Shore, & the Pocono's. YOU MUST SEE IT!

Multi-Family

  • Price
  • $ 499,500
  • Lot Size
  • 0.4 Acres
  • Bedrooms
  • 5
  • Full Bathrooms
  • 0
  • Year Built
  • 1977
  • Half Bathrooms
  • 0
  • City, Zip
  • Pennington
  • Taxes
  • 13741
  • County
  • MERCER
  • Style
  • Colonial,Ranch/Rambler
  • Area
  • Pennington Boro
  • MLS#
  • NJME290432
  • Zip
  • 08534
Listing Provided by: Keller Williams Cornerstone Realty

Features

General

Acceptable Financing Cash, Conventional
Accessibility None
Appliances Built-In Microwave, Cooktop, Cooktop - Down Draft, Dishwasher, Exhaust Fan, Oven - Wall, Oven/Range - Electric, Refrigerator, Stove, Washer/Dryer Stacked, Extra Refrigerator/Freezer
Architectural Style Colonial, Ranch/Rambler
Construction Materials Frame
Cool Fuel Electric
Cooling Ceiling Fan(s), Multi Units, Window Unit(s)
County MERCER
Electric 200+ Amp Service, 100 Amp Service
Elementary School TOLL GATE/GRAMMAR E.S.
Exclusions Washer/Dryer in primary residence. 3' Magnolia tree outside DR window.
Flooring Carpet, Ceramic Tile, Hardwood
Garage Y/N No
Heating Baseboard - Hot Water, Central, Forced Air
High School CENTRAL H.S.
High School District HOPEWELL VALLEY REGIONAL SCHOOLS
Historic Y/N No
Interior Features Attic, Attic/House Fan, Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Dining Area, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Primary Bath(s), Skylight(s), Tub Shower
Junior High TIMBERLANE M.S.
Location Type Corner Lot/Unit
MLS Area Pennington Boro (21108)
New Construction No
Open Parking Spaces 14
Other Structures Above Grade, Below Grade
Ownership Fee Simple
Parking Features Asphalt Driveway
Possession Negotiable, Settlement
Price Per Sq Ft 208.82
Property SubType Other
Property Type Multi-Family
PropertyCondition Good
Real Estate Owned Y/N No
Roof Asphalt
Sewer Public Sewer
Structure Type Detached
Subdivision Name NONE AVAILABLE
Tax Annual Amount 13741.0
Tax Lot 00012
Tax Year 2019
Total Units 2
Two Bedroom 1
Utilities Cable TV Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Vacation Rental Y/N No
View Garden/Lawn, Street
Water Access Y/N No
Zoning R-80

Interior Features

Basement Interior Access, Outside Entrance, Poured Concrete, Sump Pump
Basement Y/N Yes
Central Air Y/N No
Fireplace Y/N No
Furnished Units None
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas
Living Area 2392
Three Bedroom Units Count 1
Total Rooms 14
Window Features Skylights, Sliding

Exterior Features

Foundation Details Active Radon Mitigation, Crawl Space
Inclusions Stackable Washer/Dryer in Ranch. 2 Refrigerators in basement of primary residence.
Lot Dimensions 80.00 x 195.00 x 100.05 x 197.04
Lot Features Corner, Front Yard, Level, Landscaping, Rear Yard, SideYard(s)
Lot Size Acres 0.40
Lot Size Source Estimated
Lot Size Square Feet 17640.00
Navigable Water Y/N No
Pool Y/N No Pool
Spa No
Type of Parking Driveway, Off Street
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Ashburn, VA office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Toll Gate/Grammar E.S.
Middle School Timberlane M.S.
High School Central H.S.

Price History

1/17/2020 Listed $550,000
6/26/2020 6% - $520,000
9/29/2020 4% - $499,500

Property vs Zip Code Average in 08534

Price
AVG $500K
$500K
Taxes
AVG $13,633
$13,741
Visits
AVG 193
246
Year Built
AVG 1977
1977
Walkscore
AVG 45
45
Data Provided by Walkscore ® not using MLS data

Map

27 E Franklin Avenue Pennington, NJ is a Single Family Home for sale at $499500 and a lot size of 0.4 Acres Acre(s). 27 E Franklin Avenue Pennington has 5 bedrooms, 0 baths and was built in 1977. The property's zip code is 08534 which is in Pennington, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.