Heritage at Pennington

Heritage at Pennington is a newer townhome community of 80 homes on a 12.9-acre parcel in the Pennington section of Hopewell Township, developed by American Properties Realty in phases from roughly 2018 to 2021. Homes are three-bedroom townhomes and master-down villas, and the community sits within walking distance of downtown Pennington Borough inside the well-regarded Hopewell Valley Regional School District. Recent closings have run from about $615,000 to $795,000 with a median near $685,000. Note this is a distinct community from Heritage at Hopewell, a separate, brand-new American Properties Realty community about two miles away whose model homes are now open by appointment.

The homes

Heritage at Pennington is built as 80 fee-simple townhomes across four two-story designs, with up to 2,496 square feet of living space. Every home has three bedrooms and two and a half baths, and buyers choose between two configurations: a traditional master-up townhome with a one-car garage, or a master-down villa with a two-car garage. The master-down villa is the standout, offering a single-level primary suite that few other Hopewell Valley communities provide, which makes the community attractive to both families and buyers looking to downsize without leaving the district. Monthly HOA fees run roughly $370 to $418. Homes sit along a small set of interior streets, including Cannon Drive, Old Foundry Drive, and Tucker Way.

The setting

The community sits in the Pennington section of Hopewell Township, a short walk from downtown Pennington Borough. Most Hopewell Valley communities are car-dependent for daily errands, and Heritage at Pennington is the exception: residents can walk to shops, restaurants, and the genuine small-town Main Street that most New Jersey suburbs lack. Route 31 is close by, which keeps drives to the wider region straightforward, and the Pennington address carries the quiet, established feel of one of Mercer County's most sought-after villages.

Schools

Every home at Heritage at Pennington is served by the Hopewell Valley Regional School District, one of the most highly regarded public systems in the area. Children attend a local Hopewell Valley elementary school, then continue to Timberlane Middle School and Hopewell Valley Central High School. For families, pairing a top-ranked district with the ability to walk into town is a large part of the community's appeal.

Market position

Heritage at Pennington is a small, liquid community. Eleven sales are on record, ranging from about $615,000 to $795,000 and averaging near $684,000, with the most recent closing in spring 2026 and a median around $685,000. Because only a handful of homes trade each year, a single sale can move the perceived market, so pricing here rewards careful comparison of genuinely similar townhomes and villas rather than a single blended average. The combination of newer construction, low-maintenance living, and walkable Pennington keeps demand steady across both the townhome and villa floor plans.