227 Arrowood Way Basking Ridge, NJ 07920
Estimated payment $3,979/month
Highlights
- Private Pool
- Deck
- Home Office
- Liberty Corner Elementary School Rated A
- Recreation Room
- Formal Dining Room
About This Home
Beautiful Townhouse in The Cedars of Basking Ridge Welcome to 227 Arrowood Way, a 2-bedroom, 2.5-bath townhouse in the coveted Cedars community. This multi-level home features a bright living room with a gas fireplace, a formal dining area, and an eat-in kitchen with modern appliances. Upstairs, enjoy a spacious primary bedroom with a full bath, a second bedroom with another full bath, and a versatile loft. The finished basement offers a recreation room, office, and additional storage, while the private deck overlooks meticulously maintained community grounds. Residents enjoy access to a clubhouse, pool, tennis courts, playground, and jogging/biking paths. Recent updates include a new furnace and hot water heater (2023). Ideally located in the highly acclaimed Basking Ridge School District and perfectly situated in central New Jersey, this home offers unparalleled access to top employers and convenient commuting to New York City. A superb opportunity for homeowners or investors.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $7,503
Year Built
- Built in 1993
Lot Details
- 1,307 Sq Ft Lot
HOA Fees
- $624 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Parking Lot
Home Design
- Vinyl Siding
- Tile
Interior Spaces
- 1,388 Sq Ft Home
- Gas Fireplace
- Living Room with Fireplace
- Formal Dining Room
- Home Office
- Recreation Room
- Loft
- Storage Room
- Utility Room
- Wall to Wall Carpet
- Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
- Powder Room
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Private Pool
- Deck
Schools
- Liberty C Elementary School
- W Annin Middle School
- Ridge High School
Utilities
- Forced Air Heating and Cooling System
- One Cooling System Mounted To A Wall/Window
- Underground Utilities
- Standard Electricity
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 2702-09001-0000-00016-0002-CONDO
Community Details
Recreation
- Community Pool
Pet Policy
- Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,504 | $481,500 | $175,000 | $306,500 |
| 2024 | $7,504 | $421,800 | $175,000 | $246,800 |
| 2023 | $7,576 | $401,700 | $175,000 | $226,700 |
| 2022 | $7,389 | $384,500 | $175,000 | $209,500 |
| 2021 | $7,389 | $350,200 | $175,000 | $175,200 |
| 2020 | $7,304 | $348,800 | $175,000 | $173,800 |
| 2019 | $7,060 | $347,100 | $175,000 | $172,100 |
| 2018 | $6,853 | $341,800 | $175,000 | $166,800 |
| 2017 | $6,854 | $344,600 | $175,000 | $169,600 |
| 2016 | $6,762 | $346,600 | $175,000 | $171,600 |
| 2015 | $6,499 | $339,200 | $170,000 | $169,200 |
| 2014 | $6,566 | $339,500 | $175,000 | $164,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/31/2025 10/31/25 | For Sale | $518,000 | +0.6% | $373 / Sq Ft | |
| 06/27/2024 06/27/24 | Sold | $515,000 | +6.2% | -- | View Prior Sale |
| 04/25/2024 04/25/24 | Pending | -- | -- | -- | |
| 04/17/2024 04/17/24 | For Sale | $485,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $515,000 | Westcor Land Title | |
| Deed | $515,000 | Westcor Land Title | |
| Deed | $417,500 | -- | |
| Deed | $209,000 | -- | |
| Deed | $171,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $224,000 | No Value Available | |
| Previous Owner | $136,000 | No Value Available |
Source: Garden State MLS
MLS Number: 3995641
APN: 02-09001-0000-00016-02-CONDO
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