ParkingGarage - Side Entry, Driveway, Detached Garage
Garage3 spaces
Year Built1902
HeatingForced Air, Zoned
CoolingCentral Air
BasementYes
ViewWater
MLS #NJME2042758
Lot Size31.35 Acres
StatusActive (ACTIVE)
About 48 Elm Ridge Rd
Sycamore Creek is a secret hideaway of unmatched natural beauty and private tranquility. For well over a century, the original farmhouse and its 3-story barn stood nearly unchanged beside 2 picturesque ponds and the gently flowing waters of Stony Brook. Thanks to preserved surroundings, the bucolic ambiance of the 31+ acres can remain forever this unspoiled. The artfully enlarged house, however, is far from trapped in time. The structure evolved from a rambling farmhouse to a modern showplace designed for displaying world-class art to an unforgettable venue for the avid entertainer. The striking great room by NYC-based firm Stamberg and Aferiat just benefited from the addition of a bar worthy of the chicest cosmopolitan hotel. Pull up a stool beside the massive original cooking fireplace or step outside to the new outdoor kitchen. A curved wall of glass in the dining and sitting areas overlooks the heated saltwater pool with stone walls and the most glorious pair of Japanese maples, just one example of the specimen trees situated around the pond. This wing can be closed off for events or if you simply wish to keep the more intimate spaces private. Cozier areas include a library with warm grasscloth walls, a 2-story family room and adjoining sitting room bookended with fireplaces as well as a high-end kitchen renovation with a separate dining area now includes a sunny work-from-home nook with built-in desks. Another smart recent improvement was to properly connect the guest quarters via a new mudroom. This completely renovated, 4-room, skylit wing is overly hospitable with a kitchenette, pellet stove and access to the patio, where a bygone summer kitchen is positively charming. Highlights of the upper level include a study lined with carved paneling and hidden storage, as if plucked from a mystery novel, and the main suite with a barrel vaulted ceiling sheathed in wood brought in from California. Walls of cedar-lined closets, a balcony and a huge soaking tub are thoughtful amenities, but it’s the magical pond view that will get your mornings started on the right foot. While exploring the property, you will happen upon a magical tea house surrounded by pathways, plantings and a footbridge to an island–what a setting for imaginative play and outdoor adventuring! A 2-bedroom caretaker’s cottage is privately situated behind the barn, both of which are ripe with potential. This one-of-a-kind, second-to-none property is minutes from Princeton, nestled right between NYC and Philadelphia.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$15K
Per Month
Principal & Interest
$14.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$9,046
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
7
/10
Hopewell Elementary School
35 Princeton Ave
Distance between this listing and this school3.59 miles
Public District Grades PK-5
Middle School
6
/10
Timberlane Middle School
51 Timberlane Dr
Distance between this listing and this school3.01 miles
Public District Grades 6-8
High School
8
/10
Hopewell Valley Central High School
259 Pennington Titusville Rd
Distance between this listing and this school2.93 miles
Public District Grades 9-12
Assigned Schools
7
/10
Hopewell Elementary School
35 Princeton Ave
Distance between this listing and this school3.59 miles
Public District Grades PK-5
Nearby Schools
4
/10
Stony Brook Elementary School
20 Stephenson Rd
Distance between this listing and this school2.19 miles
Public District Grades KG-5
4
/10
Toll Gate Grammar School
275 S Main St
Distance between this listing and this school2.36 miles
Public District Grades KG-5
Assigned Schools
6
/10
Timberlane Middle School
51 Timberlane Dr
Distance between this listing and this school3.01 miles
Public District Grades 6-8
Nearby Schools
5
/10
Lawrence Intermediate School
66 Eggerts Crossing Rd
Distance between this listing and this school4.39 miles
Public District Grades 4-6
3
/10
Gilmore J. Fisher Middle School
1325 Lower Ferry Rd
Distance between this listing and this school4.92 miles
Public District Grades 6-8
Assigned Schools
8
/10
Hopewell Valley Central High School
259 Pennington Titusville Rd
Distance between this listing and this school2.93 miles
Public District Grades 9-12
Nearby Schools
7
/10
Lawrence High School
2525 Princeton Pike
Distance between this listing and this school5.02 miles
Public District Grades 9-12
6
/10
Princeton High School
151 Moore St
Distance between this listing and this school5.13 miles
The neighbors living near this home have an average income of $142,054. The majority of Mercer County, NJ residents have income between $100k-200k annually. Residents typically live in married, with kids family. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 48 Elm Ridge Rd
What is the listing price of this property?
The listing price of 48 Elm Ridge Rd property is $2,995,000.
What type of property is this?
The property 48 Elm Ridge Rd is a house located in Pennington, New Jersey, 08534.
Is this property for sale now?
Active Listing: 48 Elm Ridge Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 48 Elm Ridge Rd are: Hopewell Elementary School: GreatSchools Rating 7/10Timberlane Middle School: GreatSchools Rating 6/10Hopewell Valley Central High School: GreatSchools Rating 8/10
When was this property sold last time and for how much?
The last sale was on June 25, 2018 for $1,500,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 48 Elm Ridge Rd has 6 bedrooms and 4 full and 2 half bathrooms.
What is the square footage of this property?
The sq. ft. of 48 Elm Ridge Rd is not available (source: MLS/tax record).
Which year was this property built?
The year of construction for 48 Elm Ridge Rd is 1902.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 48 Elm Ridge Rd in Pennington, NJ and zip code 08534. This home, which was built in 1902, sits on a 31.35 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since May 03, 2024 and is currently priced at $2,995,000.
In April 2024 more than 125 listings in Mercer County, NJ were sold above the asking price. During the same period more than 20 listings were sold at asking price, while more than 48 were sold below. The number of listings in Mercer County, NJ increased by 9% between March 2024 and April 2024. In April 2024 median list price was $409,598 and the average listing age was 29 days.
From Rocket Homes Real Estate and based on county public records data.