NOT LISTED FOR SALE

302 Penns Way Basking Ridge, NJ 07920

Estimated Value: $504,000 - $526,000

2 Beds
2.5 Baths
-- Sq Ft
$280/mo HOA Fee

Last Sold May 08, 2017

Last sale price $342,500

Est. 51% increase in value since last sale

Current estimated payment $3,672/month

8 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Attic
  • Liberty Corner Elementary School Rated A
  • Wood Flooring
  • Sun or Florida Room

About This Home

As of May 2017

Presenting an exceptional Townhouse in Society Hill. This 300 Model is a rare find with the bonus Sunroom. Features a fabulous open floor plan w/large LR with woodburning FP, formal DR, EIK & Half Bath. 2nd FL offers large MB with 2 dble closets & 2nd Bed with walk in closet & full Bath in each Bed. Updates include: Kitchen Cabinets, SS appli, granite counters, Tuscany Ivory subway back splash, updated baths, laminate FL on 1st floor & HW floors & steps on 2nd level, recessed & under cabinet lighting, ceramic FL in Kit, Breakfast Bar, 2 walk-in closets in Sunroom, interior newly painted, new windows & sliders to expanded patio, which backs up to an open and wooded lot. Convenient to Rt. 287-78-22, Train Station, Shopping & NYC. Excellent and Desirable Schools System.

Last Agent to Sell the Property

MARIA LEWIS

KELLER WILLIAMS TOWNE SQUARE REAL Listed on: 03/12/2017

Last Buyer's Agent

MARY LOUIE

WEICHERT REALTORS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,814

Year Built

  • Built in 1986

Lot Details

  • Open Lot
  • Sprinkler System

HOA Fees

  • $280 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Wood Burning Fireplace
  • Thermal Windows
  • Blinds
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Sun or Florida Room
  • Storage Room
  • Utility Room
  • Attic

Kitchen

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

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 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
  • Standard Electricity
  • Water Tap or Transfer Fee
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-09203-0000-00029-0007-CONDO
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-exterior, snow removal, trash collection, maintenance-common area

Amenities

  • Clubhouse

Recreation

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

Pet Policy

  • Pets Allowed

Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,814

Year Built

Built in 1986

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: 1986
  • Year Built Description: Approximate
  • County Name: Somerset
  • Renovated Year: 2004
  • Street Number Display: 302
  • Directions: Valley Road, To Spring Valley Road (Society Hill Entrance), to Right on Penns Way, Unit on Right
  • I D: 4689873
  • Modified: 2021-09-23
  • Number Images: 25
  • Section Subdiv Development: Society Hill
  • First Name: MARIA
  • First Name3: MARY
  • Last Name: LEWIS
  • Last Name3: LOUIE
  • Office Phone: 732-560-0200
  • Office Phone3: 973-271-9775
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Renovated: 2004

Interior Features

  • Flooring: Ceramic Tile, Laminate, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Self Cleaning Oven, Dryer, Microwave Oven
  • Interior Amenities: TubShowr, StallShw, Walk-In Closet, 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
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Pantry, Eat-In Kitchen
  • Kitchen Dim: 12x13
  • Kitchen Level: First
  • Living Room Dim: 20x12
  • Living Room Level: First
  • Other Room 1: Sunroom
  • Other Room1 Dim: 14x08
  • Other Room1 Level: First
  • Other Room 2: Sunroom
  • Level 1 Rooms: Kitchen, Powder Room, Storage Room, Sunroom, Foyer, Utility Room, Dining Room, Living Room, Pantry
  • Level 2 Rooms: Bath(s) Other, 2 Bedrooms, Attic, Bath Main
  • Phone: 732-560-0200

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Exterior Features: Sidewalk, Thermal Windows/Doors, Patio, Storm Door(s), Underground Lawn Sprinkler, Curbs
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Composition Shingle

Garage/Parking

  • Parking Driveway Description: 1 Car Width, Assigned, Blacktop, Common

Utilities

  • Cooling: 1 Unit, Ceiling Fan, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer, Sewer Charge Extra
  • Utilities: All Underground, Electric, Gas-Natural
  • 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, Trash Collection, Maintenance-Common Area

Fee Information

  • Other Fee Freqency: One Time

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
  • Assessed Improvement Value: 173000
  • Assessed Land Value: 125000
  • Assessment: 298000
  • Easement: Unknown
  • Lot Description: Backs to Park Land, Open Lot, Level Lot
  • Lot Identifier: 29.7
  • Lot I D Tax: *

Rental Info

  • Application Fee: 250
  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5814
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-09203-0000-00029-0007-CONDO
  • 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
Mar 12, 2017
Closed on
May 9, 2017
Sold by
Castellani Alfonso and Castellani Toni
Bought by
Tang Xiaogang and Kong Ping
Seller's Agent
MARIA LEWIS
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
MARY LOUIE
WEICHERT REALTORS
List Price
$359,900
Sold Price
$342,500
Premium/Discount to List
-$17,400
-4.83%
Current Estimated Value
$517,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,543
Avg. Annual Appreciation
5.02%
Original Mortgage
$274,000
Outstanding Balance
$186,909
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$330,134

Purchase Details

Closed on
Apr 26, 2002
Sold by
Michael Michael
Bought by
Castellani Alfonso and Derosa Toni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,600
Interest Rate
7.15%

Purchase Details

Closed on
Aug 18, 2000
Sold by
Patterson Gene
Bought by
Michael Michael and Michael Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
8.06%

Purchase Details

Closed on
Apr 29, 1994
Sold by
Pfaltz Hugo
Bought by
Jensen Gene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
7.93%
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
Tang Xiaogang $342,500 Allied Title Llc
Castellani Alfonso $242,000 --
Michael Michael $210,000 --
Jensen Gene $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tang Xiaogang $274,000
Previous Owner Castellani Alfonso $193,600
Previous Owner Michael Michael $199,500
Previous Owner Jensen Gene $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2017 05/08/17 Sold $342,500 -4.8% --
03/20/2017 03/20/17 Pending -- -- --
03/12/2017 03/12/17 For Sale $359,900 -- --
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 $7,678 $486,200 $160,000 $326,200
2024 $7,678 $431,600 $129,000 $302,600
2023 $7,289 $386,500 $129,000 $257,500
2022 $7,330 $364,500 $129,000 $235,500
2021 $6,762 $337,500 $129,000 $208,500
2020 $7,053 $336,800 $129,000 $207,800
2019 $6,737 $331,200 $125,000 $206,200
2018 $6,440 $321,200 $125,000 $196,200
2017 $6,025 $302,900 $125,000 $177,900
2016 $5,814 $298,000 $125,000 $173,000
2015 $5,422 $283,000 $125,000 $158,000
2014 $5,549 $286,900 $125,000 $161,900
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    MARIA LEWIS

    KELLER WILLIAMS TOWNE SQUARE REAL

  • M

    Buyer's Agent in 2017

    MARY LOUIE

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3370893

Garden State MLS

APN: 02-09203-0000-00029-07-CONDO

New Jersey Somerset County Basking Ridge 07920

302 Penns Way, Basking Ridge, NJ

This home is located at 302 Penns Way, Basking Ridge, NJ 07920 since 12 March 2017 and is currently estimated at $517,043. This property was built in 1986. 302 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