NOT LISTED FOR SALE

294 Penns Way Basking Ridge, NJ 07920

Estimated Value: $414,209 - $505,000

-- Bed
-- Bath
1,400 Sq Ft
$340/Sq Ft Est. Value

About This Home

This home is located at 294 Penns Way, Basking Ridge, NJ 07920 and is currently estimated at $475,552, approximately $339 per square foot. 294 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
Mar 7, 2021
Sold by
Olsewski Sean and Formica Rosalia
Bought by
Olsewski Sean
Current Estimated Value
$475,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,100
Outstanding Balance
$121,482
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$339,079

Purchase Details

Closed on
Aug 31, 2000
Sold by
Garcia Manuel
Bought by
Jung John and Jung Jan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,700
Interest Rate
8.16%
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
Olsewski Sean -- Avenue 365 Lender Svcs Llc
Jung John $193,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olsewski Sean $189,100
Closed Jung John $173,700
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 $6,984 $392,600 $129,000 $263,600
2023 $6,735 $357,100 $129,000 $228,100
2022 $6,860 $341,100 $129,000 $212,100
2021 $6,387 $304,700 $129,000 $175,700
2020 $6,387 $305,000 $129,000 $176,000
2019 $6,006 $295,300 $125,000 $170,300
2018 $5,766 $287,600 $125,000 $162,600
2017 $5,667 $284,900 $125,000 $159,900
2016 $5,543 $284,100 $125,000 $159,100
2015 $5,261 $274,600 $125,000 $149,600
2014 $5,197 $268,700 $125,000 $143,700
Source: Public Records

Map

New Jersey Somerset County Basking Ridge 07920

294 Penns Way, Basking Ridge, NJ

This home is located at 294 Penns Way, Basking Ridge, NJ 07920 and is currently estimated at $475,552, approximately $339 per square foot. 294 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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