NOT LISTED FOR SALE

249 Penns Way Basking Ridge, NJ 07920

Estimated Value: $450,634 - $542,000

-- Bed
-- Bath
350 Sq Ft
$1,405/Sq Ft Est. Value

About This Home

This home is located at 249 Penns Way, Basking Ridge, NJ 07920 and is currently estimated at $491,909, approximately $1,405 per square foot. 249 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2002
Sold by
Luby David
Bought by
Miller Mary
Current Estimated Value
$491,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
6.82%

Purchase Details

Closed on
Dec 2, 1998
Sold by
Petrillo Tracy
Bought by
Luby David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,300
Interest Rate
6.8%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 24, 1997
Sold by
Mekitarian Ruth
Bought by
Sturrock Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.52%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Miller Mary $255,000 --
Luby David $154,000 --
Sturrock Tracy $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Mary C $165,501
Closed Miller Mary C $175,000
Closed Miller Mary $189,000
Previous Owner Luby David $146,300
Previous Owner Sturrock Tracy $60,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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
2024 $7,358 $413,600 $129,000 $284,600
2023 $7,308 $387,500 $129,000 $258,500
2022 $7,413 $368,600 $129,000 $239,600
2021 $6,542 $334,500 $129,000 $205,500
2020 $6,994 $334,000 $129,000 $205,000
2019 $6,832 $335,900 $125,000 $210,900
2018 $6,735 $335,900 $125,000 $210,900
2017 $6,546 $329,100 $125,000 $204,100
2016 $6,331 $324,500 $125,000 $199,500
2015 $6,085 $317,600 $125,000 $192,600
2014 $5,827 $301,300 $125,000 $176,300
Source: Public Records

Map

New Jersey Somerset County Basking Ridge 07920

249 Penns Way, Basking Ridge, NJ

This home is located at 249 Penns Way, Basking Ridge, NJ 07920 and is currently estimated at $491,909, approximately $1,405 per square foot. 249 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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