242 Penns Way Basking Ridge, NJ 07920
Estimated Value: $430,396 - $539,000
2
Beds
3
Baths
1,580
Sq Ft
$313/Sq Ft
Est. Value
About This Home
This home is located at 242 Penns Way, Basking Ridge, NJ 07920 and is currently estimated at $494,599, approximately $313 per square foot. 242 Penns Way is a home located in Somerset County with nearby schools including Liberty Corner Elementary School, William Annin Middle School, and Ridge High School.
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Home Values in the Area
Average Home Value in this Area
Tax History Compared to Growth
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 | $7,502 | $469,500 | $160,000 | $309,500 |
| 2024 | $7,502 | $421,700 | $129,000 | $292,700 |
| 2023 | $7,161 | $379,700 | $129,000 | $250,700 |
| 2022 | $7,234 | $359,700 | $129,000 | $230,700 |
| 2021 | $6,381 | $302,400 | $129,000 | $173,400 |
| 2020 | $6,075 | $290,100 | $129,000 | $161,100 |
| 2019 | $5,797 | $285,000 | $125,000 | $160,000 |
| 2018 | $5,560 | $277,300 | $125,000 | $152,300 |
| 2017 | $5,464 | $274,700 | $125,000 | $149,700 |
| 2016 | $5,199 | $266,500 | $125,000 | $141,500 |
| 2015 | $5,010 | $261,500 | $125,000 | $136,500 |
| 2014 | $5,121 | $264,800 | $125,000 | $139,800 |
Source: Public Records
Map
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