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$564,000
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Property Description
Rare opportunity to own a 5unit multi with seperate utilites and PRIVATE off street parking for mulitile cars. Newer furnace and water heaters. Immense income earning potential as centrally located a short walk from the College of NJ and I -295 and NJ turnpike. Vacant units need some cosmetic updates. Perfect for experienced investors looking for a fix and hold (1) 4 bedroom , 1 bth (vacant) (1) 2 bedroom , 1 bath ( vacant) (1) 1 bedroom, 1 bath (2) studios
Full Property Details
Full Property Details for 1657 Pennington Rd
General
- Sold For: $564,000
- Taxes: $13,061 (2024)
- Status: Closed
- Type: Apartment
- Source: BrightMLSTriStates
- MLS ID: NJME2056000
- Added to Site: 346 day(s) ago
Business
- Business Type: Apartment Building
Parking
- Total Spaces: 8
- Parking Type: Parking Lot
Location
- Area: Ewing Twp (21102)
- Municipality: EWING TWP
- County: Mercer
- Driving Directions: gps
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard - Hot Water
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Mixed
- Stories/Levels: 0
- Year Built: 1940
- Year Built Source: Assessor
- Property Condition: Below Average
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,236
- Lot Size Source: Assessor
- Lot Dimensions: 50.00 x 0.00
- Zoning: BN
Financial Considerations
- Assessment Year: 2024
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $332,100
- Tax Amount: $13,061
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 5
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Schools
Schools serving 1657 Pennington Rd
School District:Ewing Township School District
| Name | Grades | Distance |
|---|---|---|
Ewing High School 900 Parkway Ave, Ewing Township, NJ 08618 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1657 Pennington Rd
Date
Details
Price
Change
Source
9/11/2025
Sold
$564,000
-6%
MLS
3/21/2025
Listed
$600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1657 Pennington Road, Ewing Township, NJ 08618 (MLS# NJME2056000) is a Apartment property that was sold at $564,000 on September 11, 2025. This property was listed by Candice Lockhart from our Princeton Junction Office.Want to learn more about 1657 Pennington Road? Do you have questions about finding other Apartment real estate for sale in Ewing Township? You can browse all Ewing Township real estate or contact a Coldwell Banker agent to request more information.


