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Single Family ResidenceResidential
$812,253$386 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 96How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $253,800 on Jul 3, 2002

397 READING AVE

PENNINGTON, NJ 08534
0
Baths
2,104 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.2 ac
Lot SizeThe size of the land the home sits on, from county records.
1950
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$812K
$778K low$847K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$253,800 · Jul 3, 2002

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$16,175 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$481,700 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$287,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$194,700
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$481,700
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$481,700

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Colonial
CountyMERCER
Lot (acres)The size of the land the home sits on, from county records.0.20
ConstructionThe main material the home's frame and walls are built from.Brick
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Toll Gate Grammar SchoolA
Elementary · Grades KG–5 · 0.3 mi
H
Hopewell Valley Central High SchoolB-
High · Grades 9–12 · 0.7 mi
M
Timberlane Middle SchoolA-
Middle · Grades 6–8 · 0.9 mi

District: Hopewell Valley Regional School District

Neighborhood · ZIP 08534These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.19
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.95
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.87

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.37%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.2.8%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.12,709
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.570 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$162,094
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$189,328
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.48 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.56%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

397 Reading Ave measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 83% of homes in Mercer County
  • Costs more per square foot than 87% of homes in Mercer County
  • Bigger than 72% of homes in Mercer County
  • Has a smaller lot than 66% of homes in Pennington 08534
  • Older than 86% of homes in Pennington 08534

What homes are worth in Pennington 08534

Each bar is how many homes fall in that price range. The marker is this home.

This home
$194K$1.5M

This home is worth more than 64% of homes in Pennington 08534.

How it measures up in Pennington 08534

The dot is this home. The mark in the middle is the typical home in Pennington 08534.

Estimated value$812,253
CheaperTypical $703,392Pricier

Pricier than 64% of homes nearby

Price per ft²$386
CheaperTypical $328Pricier

Pricier than 83% of homes nearby

Living area2,104 ft²
SmallerTypical 2,112 ft²Bigger

Bigger than 50% of homes nearby

Lot size0.2 ac
SmallerTypical 0.41 acBigger

Bigger than 34% of homes nearby

Year built1950
OlderTypical 1989Newer

Newer than 14% of homes nearby

How 397 Reading Ave ranks against every home in each area.
MeasureThis homePennington 08534Mercer County
Estimated valuepricier than$812,25364% of homes83% of homes
Price per ft²pricier than$38683% of homes87% of homes
Living areabigger than2,104 ft²50% of homes72% of homes
Lot sizebigger than0.2 ac34% of homes57% of homes
Year builtnewer than195014% of homes37% of homes

About 397 Reading Ave

How much is 397 Reading Ave, Pennington, NJ worth?

The TopHap Estimate for 397 Reading Ave, Pennington, NJ is $812,253 as of Sep 24, 2026. The likely range is $777,670 to $846,836. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 397 Reading Ave, Pennington, NJ last sell?

397 Reading Ave, Pennington, NJ last sold on Jul 3, 2002 for $253,800, according to the county's recorded deed.

How big is 397 Reading Ave, Pennington, NJ?

397 Reading Ave, Pennington, NJ has 2,104 square feet of living space and a 0.20-acre lot.

When was 397 Reading Ave, Pennington, NJ built?

397 Reading Ave, Pennington, NJ was built in 1950, making it 76 years old. It is a colonial home. The building has 1 story.

What schools serve 397 Reading Ave, Pennington, NJ?

397 Reading Ave, Pennington, NJ is assigned to Toll Gate Grammar School (elementary), rated A; Hopewell Valley Central High School (high), rated B-; Timberlane Middle School (middle), rated A-. All sit in Hopewell Valley Regional School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 397 Reading Ave, Pennington, NJ compare to other homes in Pennington 08534?

Among the 4,557 homes in Pennington 08534, it is worth more than 64% of them ($812,253 against a typical $703,392), its price per square foot is higher than 83% of them ($386 against a typical $328), it is bigger than 50% of them (2,104 ft² against a typical 2,112 ft²), its lot is bigger than 34% of them (0.2 ac against a typical 0.41 ac) and it is newer than 14% of them (1950 against a typical 1989). Measured against all of Mercer County, it is worth more than 83% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 397 Reading Ave, Pennington, NJ?

The 2025 property tax bill for 397 Reading Ave, Pennington, NJ was $16,175. The county assessed it at $481,700.

More homes on Reading Ave

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