Pennington Homes with Electric Heating fuel

Pennington Homes with Electric Heating fuel

Welcome to Pennington, New Jersey—a charming borough nestled in the heart of Mercer County. With a rich history that dates back to the early 18th century, Pennington beautifully blends small-town charm with modern conveniences, making it a delightful place to call home. The borough is known for its picturesque streets, friendly community, and a vibrant local culture that celebrates both tradition and innovation.

Pennington offers an array of homes that cater to diverse lifestyles, including those equipped with electric heating. These homes are not only energy-efficient but also provide a consistent and comfortable warmth during the chilly New Jersey winters. Electric heating systems are increasingly popular among homeowners for their affordability and ease of use, allowing families to enjoy cozy nights in without the hassle of traditional heating methods.

The town's proximity to major highways and public transportation makes it an ideal location for commuters seeking a peaceful retreat from the hustle and bustle of city life. Residents can enjoy the benefits of excellent schools, scenic parks, and a variety of local shops and eateries that contribute to the borough's inviting atmosphere.

Whether you’re a first-time homebuyer or looking to settle down in a serene environment, Pennington offers a unique blend of community spirit and modern amenities. Explore homes with electric heating and discover how this delightful borough can be the perfect backdrop for your next chapter. Embrace the warmth of Pennington, where comfort and charm meet!

Newest Pennington Homes with Electric Heating fuel

2 Beds ⋅ 2 Baths

Welcome to 1 Academy Court, a charming two-bedroom, two-full-bath condominium ideally situated in the heart of Pennington Borough. This bright and inviting home features a spacious family room, dining area, and well-appointed kitchen, with abundant windows throughout that fill the space with natural light. For added convenience, the building is equipped with an elevator. Step outside through the sliding glass doors from the family room to a large bluestone patio—an ideal setting for relaxing, entertaining, or enjoying outdoor dining. Perfectly located directly across from The Pennington School campus, the home is also just a few blocks from Toll Gate Grammar School, Timberlane Middle School, and Hopewell Valley Central High School. Residents enjoy easy access to Pennington's charming downtown, featuring local restaurants, cafés, and grocery shopping. Commuters will appreciate the convenient access to Routes 1 and 295, nearby train stations, and a location just 15 minutes from downtown Princeton. Recent updates include a new refrigerator (2025), washer (2023), microwave (approximately five years old), and dryer (2017).

1 Academy Ct, Pennington

Listing courtesy of Corcoran Sawyer Smith - Pennington. Contact: 6097371500

Rare opportunity to own a well-maintained 5-unit multifamily in the heart of downtown Pennington Borough, one of Mercer County's most desirable small communities. This character-filled older building features a balanced unit mix of two 2-bedroom and three 1-bedroom apartments, offering the kind of old-world charm that distinguishes it from newer cookie-cutter construction. The current owner has made targeted capital investments where it counts most, including a new roof, upgraded electrical systems, solar panels, and renovated kitchens, significantly reducing near-term capital expenditure risk for a new owner without over-improving the asset. Trailing 12-month gross revenue of $106,486 and a net operating income of $69,402 reflect a clean, well-run operation with a lean 34.8% expense ratio. The property offers compelling upside for the right buyer: in-place rents show room for organic growth of approximately $900/month based on rents already being achieved within the building, and an existing third-floor storage space presents a conversion opportunity to create a 6th income-producing unit at an estimated $1,500/month, combining for approximately $400,000 in additional asset value at a 7% cap rate. Municipal parking directly behind the building and plentiful street parking support long-term tenant demand and retention. Pennington Borough offers top-rated schools, walkable downtown amenities, and convenient access to Route 31, I-95, and I-295, consistently attracting quality, long-term tenants. Ideal for a self-managing investor, 1031 exchange buyer, or value-add operator looking for a cash-flowing asset with real upside in a premier Central New Jersey location. Listed at $1,175,000, priced on actual in-place performance.

17 W Delaware Ave, Pennington

Listing courtesy of Estately Inc. Contact: 2066241372

1 Beds ⋅ 1 Baths

Prime Pennington Boro location with walkability to shops, dining, and everyday conveniences. This well-maintained 1-bedroom condo in Academy Court offers a bright, open layout designed for easy living. Light-filled living and dining areas connect seamlessly to a functional kitchen featuring stainless steel appliances, ample cabinetry, and granite countertops. The spacious bedroom includes a dressing closet, complemented by a clean, well-sized full bath. Additional highlights include in-unit laundry, elevator access, intercom entry, basement storage, and open parking. A standout feature: the oversized private terrace overlooking the courtyard—offering a peaceful, tucked-away setting and a rare extension of your living space. Ideal for first-time buyers, downsizers, or investors looking for location, simplicity, and value. Square footage source: Pennington Boro Tax Assessor. Buyer to verify.

5 Academy Ct, Pennington

Listing courtesy of Callaway Henderson Sotheby's Int'l-Princeton. Contact: 6099211050

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