119 Route 31
Pennington, NJ 08534
3 bd 3 ba 2,280 sqft Built 1955 Lot 48,352 sqft single_family
Most recent sale
$550,000
Sep 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 7, 2025 | Sold | $630,000 | BrightMLS |
| Sep 9, 2022 | Sold | $550,000 | Public Record |
| Sep 2, 2022 | Sold | $550,000 | MLS #2300982R |
| Jul 20, 2022 | Listed | $559,900 | MLS #2300982R |
| Jul 14, 2022 | Price changed | $559,900 | MLS #NJME2017914 |
| Jun 21, 2022 | Price changed | $584,000 | MLS #NJME2017914 |
| Jun 8, 2022 | Listed | $589,000 | MLS #NJME2017914 |
| Oct 20, 2021 | Sold | $260,000 | Public Record |
| Sep 8, 2021 | Sold | $260,000 | MLS #NJME2000448 |
| Jul 6, 2021 | Listed | $325,000 | MLS #NJME2000448 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $217,900 | $169,300 | $387,200 | $12,564 |
| 2024 | $217,900 | $169,300 | $387,200 | $12,223 |
| 2023 | $212,300 | $156,500 | $368,800 | $11,270 |
| 2022 | $157,500 | $156,500 | $314,000 | $9,398 |
| 2021 | $157,500 | $141,800 | $299,300 | $9,155 |
| 2020 | $157,500 | $141,800 | $299,300 | $8,934 |
| 2019 | $157,500 | $141,800 | $299,300 | $8,716 |
| 2018 | $157,500 | $141,800 | $299,300 | $8,554 |
| 2017 | $157,500 | $141,800 | $299,300 | $8,321 |
| 2016 | $157,500 | $141,800 | $299,300 | $7,866 |
| 2015 | $157,500 | $141,800 | $299,300 | $7,710 |
| 2014 | $180,900 | $141,800 | $322,700 | $8,142 |
| 2013 | $180,900 | $181,800 | $362,700 | $9,126 |
| 2012 | $180,900 | $181,800 | $362,700 | $8,795 |
| 2011 | $180,900 | $181,800 | $362,700 | $8,230 |
| 2010 | $180,900 | $181,800 | $362,700 | $7,827 |
| 2009 | $180,900 | $181,800 | $362,700 | $7,468 |
| 2008 | $180,900 | $181,800 | $362,700 | $7,239 |
| 2007 | $180,900 | $181,800 | $362,700 | $6,909 |
Property facts
Year built
1955
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,280 sqft
Lot size
48,352 sqft
ZIP code
08534
City
Pennington
Street
Route 31
Coordinates
40.31233, -74.79003
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,420
Gross rental yield
7.46%
Implied cap rate
4.85%
Trend-extrapolated value
—
Frequently asked questions
When did 119 Route 31 last sell?
119 Route 31 most recently sold on Sep 2, 2022 for $550,000.
What is the current tax assessment for 119 Route 31?
The most recent total assessment for 119 Route 31 (year 2025) is $387,200 with $12,564 in property tax.
How does 119 Route 31's assessment compare to its last sale price?
The current assessment is 29.6% below the last sale price of $550,000.
When was 119 Route 31 built?
119 Route 31 was built in 1955.
How does 119 Route 31 compare to others on Route 31?
We track 8 other properties on Route 31. Browse the list under "Other properties on Route 31" to compare beds, baths, and sale history.
What are the property facts for 119 Route 31?
119 Route 31 is a 3 bed, 3 bath, 2,280 sqft, 48,352 sqft lot single_family.
Is 119 Route 31 a flip candidate?
Yes — 119 Route 31 appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 119 Route 31 a tax-appeal candidate?
No — 119 Route 31 is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.2%
Implied 1-yr
+8.7%
2026 Q3
$751.5K
2026 Q4
$765.8K
ZIP 08534 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Route 31