NOT LISTED FOR SALE

303 Penns Way Unit 21A Basking Ridge, NJ 07920

Estimated Value: $498,000 - $513,000

2 Beds
3 Baths
1,596 Sq Ft
$317/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $490,000 $307 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,296/month

11 Days on Market

About This Home

As of May 2024

This home is located at 303 Penns Way Unit 21A, Basking Ridge, NJ 07920 since 04 April 2024 and is currently estimated at $505,542, approximately $316 per square foot. This property was built in 1986. 303 Penns Way Unit 21A is a home located in Somerset County with nearby schools including Liberty Corner Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

Jennifer Blanchard

BHHS FOX & ROACH Brokerage Phone: 908-580-5000 Listed on: 04/04/2024

BHHS FOX & ROACH

Last Buyer's Agent

MICHELLE PAIS

SIGNATURE REALTY NJ

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,255

Year Built

  • Built in 1986

Lot Details

  • 958

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,255

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Year Built: 1986
  • County Name: Somerset
  • Street Number Display: 303
  • I D: 5279493
  • Modified: 2025-05-15
  • Number Images: 0
  • Attribution Contact: 908-580-5000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 2.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
May 7, 2024
Sold by
Kirby Joseph and Kirby Nakea
Bought by
Montagna Kelly E
Seller's Agent
Jennifer Blanchard
BHHS FOX & ROACH
Buyer's Agent
MICHELLE PAIS
SIGNATURE REALTY NJ
List Price
$425,000
Sold Price
$490,000
Premium/Discount to List
$65,000
15.29%
Views
112
Current Estimated Value
$505,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,542
Avg. Annual Appreciation
2.26%
Original Mortgage
$240,000
Outstanding Balance
$236,596
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$268,946

Purchase Details

Listed on
Jul 7, 2017
Closed on
Jan 17, 2018
Sold by
Jin Yan
Bought by
Kirby Jospeh and Kirby Nakea
Seller's Agent
CHENGWU YIN
REALMART REALTY
Buyer's Agent
Jennifer Hurley
COLDWELL BANKER REALTY
List Price
$365,900
Sold Price
$325,000
Premium/Discount to List
-$40,900
-11.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.71%
Original Mortgage
$2,925,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2009
Sold by
Detsis Jeanne
Bought by
Tang Xiujia

Purchase Details

Closed on
Jul 1, 2003
Sold by
Gamba Linda
Bought by
Detsis Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,800
Interest Rate
5.46%
Source: Public Records

Range of Values:

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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
Montagna Kelly E $490,000 Prestige Title
Montagna Kelly E $490,000 Prestige Title
Kirby Jospeh $325,000 None Available
Tang Xiujia $251,100 None Available
Detsis Jeanne $284,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montagna Kelly E $240,000
Closed Montagna Kelly E $240,000
Previous Owner Kirby Jospeh $2,925,000
Previous Owner Detsis Jeanne $269,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2024 05/10/24 Sold $490,000 +15.3% $307 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
04/05/2024 04/05/24 For Sale $425,000 +30.8% $266 / Sq Ft
01/17/2018 01/17/18 Sold $325,000 -11.2% $204 / Sq Ft View Prior Sale
10/01/2017 10/01/17 Pending -- -- --
07/07/2017 07/07/17 For Sale $365,900 -- $229 / 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 $7,255 $464,100 $160,000 $304,100
2024 $7,255 $407,800 $129,000 $278,800
2023 $6,908 $366,300 $129,000 $237,300
2022 $6,972 $346,700 $129,000 $217,700
2021 $6,598 $312,700 $129,000 $183,700
2020 $6,418 $306,500 $129,000 $177,500
2019 $6,128 $301,300 $125,000 $176,300
2018 $5,829 $290,700 $125,000 $165,700
2017 $5,436 $273,300 $125,000 $148,300
2016 $5,201 $266,600 $125,000 $141,600
2015 $5,185 $270,600 $125,000 $145,600
2014 $5,303 $274,200 $125,000 $149,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3894362

Garden State MLS

APN: 02-09203-0000-00029-08-CONDO