Date
Details
Price
Change
Source
2/10/2026
Listed
$849,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/42
$849,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/42
Property Description
Classic Victorian offering exceptional value and opportunity. Recently appraised at $970,000 and offered strictly as-is at $849,000, this property presents a compelling opportunity for buyers seeking to customize a distinctive home or pursue a value-add investment. Rare deep lot (17,500sqft) in Pennington Borough - well above typical 8,700-13,000sqft parcels on Reading Street lot just walking distance from downtown Pennington Boro (and Toll Gate Elementary), this Victorian residence combines historic character with meaningful prior updates. The exterior features HardieBoard siding, with a full exterior re-paint just 6 years ago. Interior highlights include two basement areas with high ceilings, offering flexible space for future use. Washer and dryer hookups on both the basement level and second floor provide added convenience. The home offers solid bones and a functional layout, allowing for updates tailored to buyer preferences. Outdoor amenities include a bluestone patio, expansive yard suitable for gardening or future improvements and a large detached garage/barn, offering additional storage or flexible use options. Conveniently located within Pennington Borough and close to transportation, shopping, and regional amenities, this property offers a rare combination of land, character, and price positioned below recent appraised value.
Full Property Details
Full Property Details for 407 Reading St
General
- Price: $849,000
- Taxes: $20,356 (2025)
- Status: Active
- Type: Single Family
- Source: BrightMLSTriStates
- MLS ID: NJME2072328
- Updated: 2/10/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 7
- Rooms/Areas: Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 1, Bathroom 1, Bathroom 2, Half Bath
- Fireplace: Yes
- Number of Fireplaces: 2
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
- Upper Floor Baths: 2
- Upper - Full Baths: 2
- Main Floor Baths: 1
- Main - 1/2 Baths: 1
Bedrooms
- Total Bedrooms: 4
- Bedrooms Upper: 4
Additional Information
- Shared Amenities: None
Exterior
- Exterior Features: Outbuilding(s), Other
- Porch/Patio/Deck: Patio(s), Porch(es)
Parking
- Parking Type: Driveway, On Street
Location
- Area: Pennington Boro (21108)
- Municipality: PENNINGTON BORO
- County: MERCER
- Development Name: None Available
- Subdivision: None Available
- Cross Streets: West Welling
- Driving Directions: Must access from West Welling Ave, Pennington NJ
School Information
- School District: Hopewell Valley Regional Schools
- Elementary School: Toll Gate Grammar School
- Middle School: Timberlane
- High School: Central
Community
- Assoc. Fees Include: None
- Pets Allowed: Yes
- Pets: No Pet Restrictions
Heating & Cooling
- Cooling Type: Wall Unit, Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Baseboard - Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Available
Structural Information
- Architectural Style: Victorian
- Structure Type: Detached
- Construction: HardiPlank Type, Masonry, Mixed, Stick Built
- Basement: Yes
- Basement Desc.: Combination, Partially Finished, Unfinished, Workshop, Other
- Foundation: Brick/Mortar
- Roof: Shingle
- Stories Description: Main, Upper 1
- Square Feet: 3,734
- Sq. Ft. Source: Estimated
- Living Area: 2,734 Sq. Ft.
- Finished Above Grnd: 2,734 Sq. Ft.
- Year Built: 1913
- Year Built Source: Estimated
- Property Condition: Average
Additional Structures
- Other Structures: 2nd Garage, Barn
Lot Features
- Lot Size (Acres): 0.4
- Lot Size (Sq. Ft.): 17,424
- Lot Size Source: Estimated
- Lot Dimensions: 100 x 175
- Lot Features: No Thru Street
- Zoning: R-80
- Lot Description: No Thru Street
Financial Considerations
- Price Per Sq. Ft.: $310.53
- Tax w/Assessment: $606,200
- Tax Amount: $20,356
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
Listed by Corcoran Sawyer Smith - Pennington, Michael Matejka
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 407 Reading St —
Michael Matejka
Corcoran Sawyer Smith - Pennington
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 407 Reading St
School District:Hopewell Valley Regional School District
| Name | Grades | Distance |
|---|---|---|
Toll Gate/Grammar Elementary School 275 South Main Street, Pennington, NJ 08534 | K-5 | 0.4 mi |
Bear Tavern Elementary School 1162 Bear Tavern Road, Hopewell Township, NJ 08560 | K-5 | 2.9 mi |
Hopewell Elementary School 35 Princeton Avenue, Hopewell, NJ 08525 | PK-5 | 5.1 mi |
Timberlane Middle School 51 South Timberlane Drive, Pennington, NJ 08534 | 6-8 | 0.9 mi |
Central High School, Pennington, NJ 259 Pennington - Titusville Road, Pennington, NJ 08534 | 9-12 | 0.8 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 407 Reading St
Tax History
Tax History for 407 Reading St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$19,708
7%
$606,200
—
2023
$18,483
8%
$606,200
—
2022
$17,180
1%
$606,200
—
2021
$17,071
1%
$606,200
—
2020
$16,925
4%
$606,200
—
2018
$16,234
-13%
$606,200
—
2017
$18,610
16%
$606,200
—
2016
$16,095
1%
$606,200
—
2015
$15,864
-4%
$606,200
—
2019
$16,610
11%
$606,200
—
2013
$15,006
—
$606,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 407 Reading St
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Active
- Updated 9 days ago
- 5Beds
- 4Total Baths
- 3,515Sq. Ft.
- Single Family
- Active
- Updated 6 days ago
- 5Beds
- 4Total Baths
- 3,615Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 5Beds
- 4Total Baths
Listed by BHHS FOX & ROACH
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,774Sq. Ft.
Listed by Robin Ervin (908) 658-9000 x217
- Single Family
- Active
- Updated 3 hours ago
- 5Beds
- 4Total Baths
- 2,401Sq. Ft.
- Single Family
- Active
- Updated 17 hours ago
- 4Beds
- 3Total Baths
- 3,169Sq. Ft.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 1Total Bath
- 1,296Sq. Ft.
- Townhouse
- Active
- Updated 3 days ago
- 3Beds
- 4Total Baths
- 2,382Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 1Total Bath
- 1,200Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 5Total Baths
- 3,582Sq. Ft.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
407 Reading Street, Pennington, NJ 08534 (MLS# NJME2072328) is a Single Family property with 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 407 Reading Street is currently listed for $849,000 and was received on February 10, 2026. Want to learn more about 407 Reading Street? Do you have questions about finding other Single Family real estate for sale in Pennington? You can browse all Pennington real estate or contact a Coldwell Banker agent to request more information.