87 Pennwood Dr, Ewing, NJ, 08638
About This Home
Charming Cape Cod in desirable Ewing with endless potential! This 2-bedroom home also features a versatile bonus room that can easily be adapted into a 3rd bedroom, Additionally, the home offers 1.5 bathrooms as well as spacious living and dining areas throughout. A rear addition completed in 2013 adds valuable extra living space and includes separate heating, making it ideal for a home office, guest room, or potential 4th bedroom. The generously sized eat-in kitchen provides great potential to create the kitchen of your dreams. Major updates include a newer furnace and hot water heater for added peace of mind. Situated on a generously sized lot with a fenced backyard, this property is ideal for outdoor entertaining, gardening, or relaxing. This home is perfect for buyers and investors alike looking to add their own style and updates while building equity in a well-located property. Conveniently located near shopping, dining, and major highways for an easy commute. Although currently mapped in a flood zone, sellers are providing an elevation certificate that removes the requirement for flood insurance, offering significant savings for the future homeowner.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Property condition: Below Average
- Year built: 1951
Materials
- Foundation: Crawl Space
- Construction materials: Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Gas Water Heater
Basement
- Area: 0
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Features
- Finished area below ground: 0
- Finished area above ground: 1,474
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: None
Interior Area
- Total structure area: 1,474
- Total interior livable area: 1,474 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 020046000045
- Zoning: R-2
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Fencing: Full
Lot
- Lot size: 5,341 sqft
- Lot size dimensions: 55.02 x 97.08
Parking
- Total spaces: 3
- Parking features: Concrete,Driveway,On Street
- Has uncovered spaces: Yes
- Uncovered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Strong Wind
- Heat Wave
- Ice Storm
- Lightning
- Winter Weather
- Cold Wave
- Earthquake
- Hurricane
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,465 | $17,580 |
| Home Insurance * | $110 | $1,320 |
| Property Taxes | $519 | $6,228 |
| Electricity | $193 | $2,318 |
| Total | $2,287 | $27,444 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-08 | Listed for sale | $269,900 |
| 1989-03-28 | Sold | $126,600 |
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