NOT LISTED FOR SALE

270 Penns Way Basking Ridge, NJ 07920

Estimated Value: $514,000 - $531,000

2 Beds
2.5 Baths
1,577 Sq Ft
$330/Sq Ft Est. Value

Last Sold March 15, 2017

Last sale price $340,000 $216 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,685/month

13 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Tennis Courts
  • Liberty Corner Elementary School Rated A
  • Sun or Florida Room
  • Jogging Path

About This Home

As of March 2017

Model 300 with Sunroom/ Bernards II. Cul-de-sac / Private & picturesque location backing to open lawn / woods. FHA APPROVED! Kitchen re-modeled 2017 / granite counters / high-hat lighting. Interior painted 2017. Tile floor / kitchen / entry / half-bath 2017. Windows / patio doors / 2010. Vanity / light fixture / half-bath 2017. Paver patio. Laminate flooring / first level 2017. Step-down Living Room. Wall-to-wall brick fireplace with raised hearth. $470 annual is sewer fee. 43-acre well-manicured community is within walking distance to Pleasant Valley Park. On-site Community Manager, playground, tennis court, clubhouse & bicycle / walking paths. Convenient to Rt 78 / 287 & shopping. Assigned parking Spot # 18-D.

Last Agent to Sell the Property

HEATHER ODONNELL

WEICHERT REALTORS Listed on: 01/10/2017

Last Buyer's Agent

YU-CHIH CHIAO

COLDWELL BANKER REALTY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,542

Year Built

  • Built in 1987

Lot Details

  • 871

HOA Fees

  • $280 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding
  • Tile

Interior Spaces

  • 1,577 Sq Ft Home
  • Wood Burning Fireplace
  • Thermal Windows
  • Blinds
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Sun or Florida Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Powder Room
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Common or Shared Parking
  • Shared Driveway
  • Assigned Parking

Outdoor Features

  • Private Pool
  • Patio

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
  • Water Tap or Transfer Fee
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-09203-0000-00026-0003-CONDO
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-exterior, snow removal, maintenance-common area
  • $39 Other Monthly Fees

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Jogging Path

Pet Policy

  • Pets Allowed

Security

  • Storm Doors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,542

Year Built

Built in 1987

Lot Details

0

HOA Fees

$280 per month

Listing Details

  • Style: Townhouse-Interior, Multi Floor Unit
  • Primary Style: Townhouse-Interior
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1987
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 270
  • Directions: Valley Rd to Society Hill entrance (Spring Valley Blvd) to 4th right at Penns to #270 on right.
  • I D: 4679840
  • Modified: 2021-09-23
  • Number Images: 24
  • Section Subdiv Development: Society Hill
  • First Name: HEATHER
  • First Name3: YU-CHIH
  • Last Name: ODONNELL
  • Last Name3: CHIAO
  • Office Phone: 908-212-6015
  • Office Phone3: 732-469-1516 x331
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpeting, Tile, Vinyl-Linoleum
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Dryer, Microwave Oven
  • Interior Amenities: Blinds, Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 6
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement Description: Slab
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Pantry, Eat-In Kitchen
  • Kitchen Dim: 13x13
  • Kitchen Level: First
  • Living Room Dim: 21x12
  • Living Room Level: First
  • Other Room 1: Sunroom
  • Other Room1 Dim: 14x8
  • Other Room1 Level: First
  • Other Room 2: Bathroom
  • Other Room2 Dim: 8x6
  • Other Room2 Level: Second
  • Other Room 3: Bathroom
  • Other Room3 Dim: 8x6
  • Other Room3 Level: Second
  • Other Room 4: Bathroom
  • Other Room4 Dim: 6x3
  • Other Room4 Level: First
  • Level 1 Rooms: Kitchen, Powder Room, Florida/3Season, Foyer, Dining Room, Living Room
  • Level 2 Rooms: Bath(s) Other, 2 Bedrooms, Laundry Room, Utility Room, Bath Main
  • Estimated Sq Ft: 1577
  • Phone: 908-781-1000

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Exterior Features: Thermal Windows/Doors, Patio, Storm Door(s)
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 1
  • Parking Driveway Description: 1 Car Width, Assigned, Common

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: All Underground
  • Water: Water Charge Extra, Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Playground, Club House, Pool-Outdoor, Jogging/Biking Path, Tennis Courts
  • Association Maintenance Fee: 280
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Snow Removal, Maintenance-Common Area

Fee Information

  • Other Fee Freqency: Annually
  • Other Fees: 470

Schools

  • Elementary School: LIBERTY C
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: Common Area
  • Assessed Improvement Value: 159100
  • Assessed Land Value: 125000
  • Assessment: 284100
  • Easement: Unknown
  • Lot Description: Backs to Park Land, Level Lot
  • Lot Identifier: 26.3
  • Lot I D Tax: *
  • Zoning: Condominium

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5542
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-09203-0000-00026-0003-CONDO
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.951
  • Tax Rate Tax: *
  • Tax Rate Year: 2016
  • Tax Year Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: LIBERTY C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2017
Closed on
Mar 11, 2017
Sold by
Sukhavasi Gopichand and Sukhavasi Vijayalakyhmi
Bought by
Lu Weijie and Zhou Xin
Seller's Agent
HEATHER ODONNELL
WEICHERT REALTORS
Buyer's Agent
YU-CHIH CHIAO
COLDWELL BANKER REALTY
List Price
$339,900
Sold Price
$340,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$520,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,414
Avg. Annual Appreciation
5.10%
Original Mortgage
$255,000
Outstanding Balance
$130,257
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$390,157

Purchase Details

Closed on
Aug 17, 2004
Sold by
James A Arena
Bought by
Sukhavasi Gopichand and Sukhavasi Vijayalakyhmi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,800
Interest Rate
6.02%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lu Weijie $340,000 Allied Title Llc
Sukhavasi Gopichand $311,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Weijie $255,000
Previous Owner Sukhavasi Gopichand $248,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2017 03/15/17 Sold $340,000 0.0% $216 / Sq Ft
01/23/2017 01/23/17 Pending -- -- --
01/10/2017 01/10/17 For Sale $339,900 -- $216 / Sq Ft
Source: Garden State MLS

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 $7,618 $482,300 $160,000 $322,300
2024 $7,618 $428,200 $129,000 $299,200
2023 $7,235 $383,600 $129,000 $254,600
2022 $7,290 $362,500 $129,000 $233,500
2021 $7,033 $333,300 $129,000 $204,300
2020 $6,979 $333,300 $129,000 $204,300
2019 $6,667 $327,800 $125,000 $202,800
2018 $6,376 $318,000 $125,000 $193,000
2017 $6,208 $312,100 $125,000 $187,100
2016 $5,543 $284,100 $125,000 $159,100
2015 $5,282 $275,700 $125,000 $150,700
2014 $5,406 $279,500 $125,000 $154,500
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2017

    HEATHER ODONNELL

    WEICHERT REALTORS

  • Y

    Buyer's Agent in 2017

    YU-CHIH CHIAO

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3357092

Garden State MLS

APN: 02-09203-0000-00026-03-CONDO

New Jersey Somerset County Basking Ridge 07920

270 Penns Way, Basking Ridge, NJ

This home is located at 270 Penns Way, Basking Ridge, NJ 07920 since 10 January 2017 and is currently estimated at $520,414, approximately $330 per square foot. This property was built in 1987. 270 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes