298 Penns Way Basking Ridge, NJ 07920
Estimated Value: $454,358 - $549,000
--
Bed
--
Bath
1,488
Sq Ft
$342/Sq Ft
Est. Value
About This Home
This home is located at 298 Penns Way, Basking Ridge, NJ 07920 and is currently estimated at $508,840, approximately $341 per square foot. 298 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 15, 2005
Sold by
Dilorenzo Joanne R
Bought by
Gordon Karen
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Outstanding Balance
$130,604
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$378,236
Purchase Details
Closed on
Mar 12, 1999
Sold by
Watkins Jody Anne
Bought by
Roth Joanne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
6.73%
Purchase Details
Closed on
Jul 7, 1994
Sold by
Rosenberg Tammy
Bought by
Watkins Jody and Watkins Daniel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
8.51%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gordon Karen | $361,000 | -- | |
| Gordon Karen | $361,000 | None Available | |
| Roth Joanne | $171,000 | -- | |
| Watkins Jody | $157,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gordon Karen | $261,000 | |
| Closed | Gordon Karen | $261,000 | |
| Previous Owner | Roth Joanne | $136,800 | |
| Previous Owner | Watkins Jody | $126,000 |
Source: Public Records
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 | $7,660 | $470,600 | $160,000 | $310,600 |
| 2024 | $7,660 | $430,600 | $129,000 | $301,600 |
| 2023 | $7,514 | $398,400 | $129,000 | $269,400 |
| 2022 | $7,531 | $374,500 | $129,000 | $245,500 |
| 2021 | $6,965 | $330,100 | $129,000 | $201,100 |
| 2020 | $6,424 | $306,800 | $129,000 | $177,800 |
| 2019 | $6,216 | $305,600 | $125,000 | $180,600 |
| 2018 | $6,127 | $305,600 | $125,000 | $180,600 |
| 2017 | $6,146 | $309,000 | $125,000 | $184,000 |
| 2016 | $5,953 | $305,100 | $125,000 | $180,100 |
| 2015 | $5,932 | $309,600 | $125,000 | $184,600 |
| 2014 | $5,988 | $309,600 | $125,000 | $184,600 |
Source: Public Records
Map
Nearby Homes
- 341 Penns Way Unit D2
- 267 English Place
- 279 English Place
- 14 Woodward Ln
- 67 Woodward Ln
- 22 Woodward Ln
- 10 Baldwin Ave
- 227 Arrowood Way
- 144 Liberty Corner Rd
- 7 Chestnut Ct
- 2305 Privet Way
- 14 Downingtown Ct
- 242 Alexandria Way
- 280 Alexandria Way
- 23 Hampton Ct
- 138 Alexandria Way Condo Unit 138
- 55 Potomac Dr
- 1 Potomac Dr Condo
- 103 Potomac Dr
- 176 Potomac Dr
- 297 Penns Way
- 299 Penns Way
- 300 Penns Way
- 301 Penns Way
- 302 Penns Way
- 303 Penns Way Unit 21A
- 287 Penns Way Unit 19A
- 286 Penns Way Unit 19B
- 285 Penns Way
- 284 Penns Way
- 283 Penns Way
- 285 Penns Way Condo
- 282 Penns Way
- 277 Penns Way Unit D
- 276 Penns Way
- 278 Penns Way
- 279 Penns Way
- 275 Penns Way Unit B
- 280 Penns Way
- 274 Penns Way