407 Reading Street

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 8,70013,000sqft 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, one partially finished, 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.