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407 Reading St, Pennington, NJ, 08534

4beds
3baths
2,734sqft
$700,000
$256price/sqft
$5,287/moest. monthly cost
$211,480/yrincome needed

About This Home

Some homes offer far more than first meets the eye, and this expanded Pennington Victorian is one of them. Set on a rare wide, deep lot just moments from Toll Gate Elementary School, it combines the timeless appeal of an established neighborhood with an impressive amount of indoor and outdoor space. A year-round enclosed front porch with heating and air conditioning creates a welcoming introduction before opening into the living room. Beyond, the kitchen is bright, open, and functional. An inviting addition expands the home's footprint with a fireplace and generous areas for dining and relaxing, while sliding doors lead directly to the fenced backyard, creating an easy connection between indoors and out. Upstairs, four bedrooms with warm wood floors allow everyone some space of their own. The primary suite includes a walk-in closet and private bathroom, while a second-floor sitting area could serve as a home office. A well-appointed hall bathroom serves the ancillary bedrooms. The lower level features two separate basement areas with unusually high ceilings that present exciting possibilities for future finishing, hobbies, storage, or recreation and one even includes a fireplace. Outside, the expansive fenced yard is a true standout. A handsome patio overlooks a remarkably oversized property with abundant space for gardening and entertaining. Completing the package is a substantial detached garage providing exceptional storage and a variety of flexible uses. Located right in the Borough, this home enjoys the charm of tree-lined streets and a vibrant small-town atmosphere while remaining close to shopping, dining, transportation, and major commuter routes. Surprisingly spacious, exceptionally versatile, and with one of the area's more desirable lot sizes, this is a home that offers room to grow both inside and out!

Getting Around

25
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

6/10
Timberlane Middle SchoolGrades 6-80.9 mi
6/10
Central High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1913

Materials

  • Foundation: Concrete Perimeter,Brick/Mortar
  • Roof: Asphalt
  • Construction materials: HardiPlank Type

Type & Style

  • Home type: SingleFamily
  • Architectural style: Victorian
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater
  • Laundry features: Laundry Room,Mud Room

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedroom2

  • Level: Upper
  • Area: 255
  • Dimensions: 17 X 15

Bedroom3

  • Level: Upper
  • Area: 195
  • Dimensions: 13 X 15

Bedroom4

  • Level: Upper
  • Area: 130
  • Dimensions: 13 X 10

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Family Room

  • Level: Upper
  • Area: 475
  • Dimensions: 25 X 19

Features

  • Flooring: Carpet,Hardwood
  • Number of fireplaces: 2
  • Fireplace features: Wood Burning,Gas/Propane
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,734

Half Bath

  • Level: Main
  • Area: 40
  • Dimensions: 8 X 5

Heating & Cooling

  • Heating features: Baseboard,Natural Gas
  • Cooling features: Window Unit(s),Wall Unit(s),Electric

Interior Area

  • Total structure area: 2,734
  • Total interior livable area: 2,734 sqft

Kitchen

  • Level: Main
  • Area: 198
  • Dimensions: 18 X 11

Laundry

  • Level: Lower
  • Area: 72
  • Dimensions: 8 X 9

Living Room

  • Level: Main
  • Area: 253
  • Dimensions: 23 X 11

Mud Room

  • Level: Main
  • Area: 72
  • Dimensions: 9 X 8

Other

  • Level: Upper
  • Area: 36
  • Dimensions: 6 X 6

Primary Bathroom

  • Level: Upper
  • Area: 80
  • Dimensions: 8 X 10

Primary Bedroom

  • Level: Upper
  • Area: 300
  • Dimensions: 15 X 20

Sitting Room

  • Level: Upper
  • Area: 84
  • Dimensions: 7 X 12

Utility Room

  • Level: Lower
  • Area: 483
  • Dimensions: 23 X 21

Workshop

  • Level: Lower
  • Area: 870
  • Dimensions: 29 X 30

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 080090300006
  • Zoning: R-80
  • Special condition: Standard
  • Exclusions: Fireplaces And Chimneys Are Being Sold "as Is"- Seller Knows Of No Issues.

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Patio,Porch

Lot

  • Lot size: 0.40 Acres
  • Lot size dimensions: 100.00 x 175.00

Parking

  • Total spaces: 6
  • Parking features: Asphalt,Driveway
  • Has uncovered spaces: Yes
  • Uncovered spaces: 6

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

  • Strong Wind
    Strong WindRelatively High
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Hurricane
Heat Wave
Inland Flooding
Ice Storm
Winter Weather

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

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

MonthlyAnnual
Mortgage $3,539$42,468
Home Insurance *$193$2,316
Property Taxes $1,254$15,048
Electricity $301$3,616
Total$5,287$63,444
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$181,268/yr
40% on housing$158,610/yr
45% on housing$140,986/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

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.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -1.8%
-1.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$256This listing

vs Other Active Listings

Avg $/sqft

ZIP 08534$280
Mercer County$276

vs Homes Sold Last Month

Median $/sqft

ZIP 08534$323
Mercer County$281

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

DateEventPrice
2026-07-25Price change$700,000
2026-06-26Listed for sale$750,000
2026-04-28Listing removed$849,000
2026-02-10Listed for sale$849,000
2018-05-30Listing removed$415,227
2017-12-27Listed for sale--
1991-02-28Sold$115,000

For Sale by Agent

AgentKathryn Baxter
BrokerageCallaway Henderson Sotheby's Int'l-Princeton

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