NOT LISTED FOR SALE

261 Penns Way Unit 16B Basking Ridge, NJ 07920

Estimated Value: $486,000 - $529,000

-- Bed
-- Bath
1,380 Sq Ft
$375/Sq Ft Est. Value

About This Home

This home is located at 261 Penns Way Unit 16B, Basking Ridge, NJ 07920 and is currently estimated at $517,318, approximately $374 per square foot. 261 Penns Way Unit 16B 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
Sep 24, 2009
Sold by
Mullen Joseph F and Mullen Jeanne M
Bought by
Zhang Ninghua and Ma Yuefeng
Current Estimated Value
$517,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Outstanding Balance
$149,883
Interest Rate
5.12%
Mortgage Type
New Conventional
Estimated Equity
$367,435
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
Zhang Ninghua $307,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Ninghua $230,000
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
2025 $6,929 $437,200 $160,000 $277,200
2024 $6,929 $389,500 $129,000 $260,500
2023 $6,841 $362,700 $129,000 $233,700
2022 $6,954 $345,800 $129,000 $216,800
2021 $6,486 $307,400 $129,000 $178,400
2020 $6,475 $309,200 $129,000 $180,200
2019 $6,322 $310,800 $125,000 $185,800
2018 $6,232 $310,800 $125,000 $185,800
2017 $6,017 $302,500 $125,000 $177,500
2016 $5,752 $294,800 $125,000 $169,800
2015 $5,727 $298,900 $125,000 $173,900
2014 $5,496 $284,200 $125,000 $159,200
Source: Public Records

Map

New Jersey Somerset County Basking Ridge 07920

261 Penns Way Unit 16B, Basking Ridge, NJ

This home is located at 261 Penns Way Unit 16B, Basking Ridge, NJ 07920 and is currently estimated at $517,318, approximately $374 per square foot. 261 Penns Way Unit 16B 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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