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Short Sale Listings in Pennington, NJ

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20 Butterfoss-ave-Titusville-NJ-08560
Short Sale
$279,900 List Price

Butterfoss Ave
Titusville, NJ 08560

4 Bed | 1 Bath | 1,190 Sq. Ft.

19 Liberty-ave-Trenton-NJ-08620
Short Sale
$280,000 List Price

Liberty Ave
Trenton, NJ 08620

3 Bed | 2 Bath | 1,432 Sq. Ft.

21 Colonial-ave-Trenton-NJ-08618
Short Sale
$45,000 List Price

Colonial Ave
Trenton, NJ 08618

5 Bed | 2 Bath

16 Hastings-rd-Trenton-NJ-08620
Short Sale
$195,000 List Price

Hastings Rd
Trenton, NJ 08620

4 Bed | 2 Bath

5 Kristopher-dr-Hamilton-twp-NJ-08620
Short Sale
$259,000 List Price

Kristopher Dr
Hamilton Twp, NJ 08620

3 Bed | 4 Bath

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Foreclosure Homes in Pennington, NJ

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Pennington, NJ area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Pennington, NJ and much more. Save thousands at closing with home foreclosure listings in Pennington, NJ — up to 75% off market value!


Top Reasons To Live In Pennington, NJ In 2021

Pennington is located in Mercer, New Jersey, with an estimated municipal population of 2,576 residents. All of the best foreclosed homes for sale in Pennington are located in the following zip code areas on Foreclosure.com: 08534. The estimated population per square kilometer (.62 miles) in Pennington is 1,035.


Cost Of Living In Pennington, NJ

So, about how much do homes cost in Pennington? The most recent median value of resident-owned homes in Pennington is 562,548. An estimated 73.4 percent of households in Pennington own their homes, with an average family size of 3.08. The median household income in Pennington is 132,500, with61.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Pennington, the median commute time of resident workers (in minutes) is 27.8. And last, but certainly not least, are you looking for homes to rent in Pennington? If so, the average rent price paid by renters in Pennington is 1,539, according to recent statistics.


Diversity And Demographics In Pennington, New Jersey

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Pennington, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Pennington is 47.8, split between 48.4 percent male versus 51.6 female. The percentage of residents who report being married in Pennington is 62.5, with an average family size of 3.08.

The percentage of residents who report their race in Pennington is as follows:

White 91.2%
Black / African American 4.4%
Asian 2.9%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.5%
Other 0%

Looking for family-friendly neighborhoods in and/or near Pennington? Or maybe you are searching for 55+ active adult communities in and/or near Pennington?

The percentage of residents who report their age in Pennington is as follows:

Under 10 12.7%
Aged 10-19 11.5%
20s 8.5%
30s 5.1%
40s 16.6%
50s 14.4%
60s 14.4%
70s 8.1%
80+ 8.6%

Best Schools In Pennington, New Jersey

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Pennington with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Pennington.


Pros And Cons Of Living In Pennington, New Jersey

How do you know that living in -- or moving to -- Pennington is right where you need to be? Perhaps you grew up in Pennington or already live nearby; therefore, the decision to buy a home in Pennington is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Pennington for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Pennington:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Pennington.


Reasons To Move To Pennington, New Jersey, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Pennington can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Pennington, meanwhile, can field multiple offers from more qualified buyers.

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Listing types in Pennington, NJ

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