407 Reading St
Pennington Boro, NJ 08534
Price: $849,000
GSMLS: 4010592Type: Single Family
Style: Victorian
Beds: 4
Baths: 2 Full & 1 Half
Garage: No
Year Built: 1930
Acres: 0.40
Property Tax: $19,707
Description
Open House Sunday 1PM–3PM.
BRING ALL OFFERS PRIOR TO MARCH 1st 2026 - Classic Victorian offering exceptional value and opportunity. Recently appraised at $970,000. 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 to13,000sqft parcels on Reading Street, 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.Rooms Sizes
Kitchen:
Ground
Dining Room:
Ground
Living Room:
Ground
Family Room:
Ground
Den:
Ground
Bedroom 1:
Second
Bedroom 2:
Second
Bedroom 3:
Second
Bedroom 4:
Second
Room Levels
Basement:
n/a
Ground:
n/a
Level 1:
n/a
Level 2:
n/a
Level 3:
n/a
Level Other:
n/a
Room Features
Kitchen:
Pantry, Separate Dining Area
Dining Room:
n/a
Master Bedroom:
n/a
Bath:
n/a
Interior Features
Square Foot:
2,734
Year Renovated:
n/a
Basement:
Yes - Unfinished
Full Baths:
2
Half Baths:
1
Appliances:
See Remarks
Flooring:
n/a
Fireplaces:
2
Fireplace:
See Remarks
Interior:
n/a
Exterior Features
Garage Space:
No
Garage:
n/a
Driveway:
2 Car Width, Additional Parking, Blacktop, Off-Street Parking, On-Street Parking, See Remarks
Roof:
Asphalt Shingle
Exterior:
See Remarks
Swimming Pool:
No
Pool:
n/a
Utilities
Heating System:
Baseboard - Hotwater
Heating Source:
Gas-Natural
Cooling:
Wall A/C Unit(s), Window A/C(s)
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Services:
n/a
Lot Features
Acres:
0.40
Lot Dimensions:
100X175
Lot Features:
n/a
School Information
Elementary:
TOLL GATE
Middle:
TIMBERLANE
High School:
HOPEWELL
Community Information
County:
Mercer
Town:
Pennington Boro
Neighborhood:
n/a
Application Fee:
n/a
Association Fee:
n/a
Fee Includes:
n/a
Amenities:
n/a
Pets:
n/a
Financial Considerations
List Price:
$849,000
Tax Amount:
$19,707
Land Assessment:
$314,300
Build. Assessment:
$291,900
Total Assessment:
$606,200
Tax Rate:
3.20
Tax Year:
2024
Ownership Type:
Fee Simple
Listing Information
MLS ID:
4010592
List Date:
02-10-2026
Days On Market:
0
Listing Broker:
CORCORAN SAWYER SMITH
Listing Agent:
Michael Matejka
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: GlenmontCommons.com
