$535,000
SOLD FEB 20, 2025

333 Penns Way Unit 24B Basking Ridge, NJ 07920

2 Beds
3 Baths
1,780 Sq Ft
915 Sq Ft Lot

Recently Sold

$301 Per Sq Ft

7% Above List Price

8 Days on Market

About This Home

As of February 2025

This home is located at 333 Penns Way Unit 24B, Basking Ridge, NJ 07920 and is currently priced at $535,000, approximately $300 per square foot. This property was built in 1986. 333 Penns Way Unit 24B 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

KAREN LEMKE

KL SOTHEBY'S INT'L. REALTY Brokerage Phone: 908-696-8600 Listed on: 01/13/2025

Co-Listed By

JILL FAHERTY

KL SOTHEBY'S INT'L. REALTY Brokerage Phone: 908-696-8600

Last Buyer's Agent

JILL FAHERTY

KL SOTHEBY'S INT'L. REALTY Brokerage Phone: 908-696-8600

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,043

Year Built

  • Built in 1986

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,043

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Year Built: 1986
  • County Name: Somerset
  • Street Number Display: 333
  • I D: 5331256
  • Modified: 2025-05-06
  • Number Images: 0
  • Attribution Contact: 908-696-8600
  • 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
Jan 13, 2025
Closed on
Feb 3, 2025
Sold by
Gilmore Martha
Bought by
Bhaiya Anshul and Bhaiya Nidhi
Seller's Agent
KAREN LEMKE
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
JILL FAHERTY
KL SOTHEBY'S INT'L. REALTY
List Price
$498,000
Sold Price
$535,000
Premium/Discount to List
$37,000
7.43%
Views
29
Current Estimated Value
$533,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,929
Avg. Annual Appreciation
-0.87%
Original Mortgage
$401,250
Outstanding Balance
$400,487
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$132,888

Purchase Details

Listed on
May 11, 2018
Closed on
Jun 18, 2018
Sold by
Mcclellan Colleen
Bought by
Gilmore Martha
Seller's Agent
Erica Travis
COMPASS NEW JERSEY, LLC
Buyer's Agent
KAREN LEMKE
KL SOTHEBY'S INT'L. REALTY
List Price
$374,999
Sold Price
$375,000
Premium/Discount to List
$1
0.0%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%
Original Mortgage
$296,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2010
Sold by
Galbraith Nancy L
Bought by
Mcclellan Colleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 1995
Sold by
Bozzetti Anthony
Bought by
Galbraith Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Interest Rate
7.62%
Source: Public Records

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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 Type Sale Price Title Company
Deed $535,000 None Listed On Document
Deed $535,000 None Listed On Document
Deed $375,000 Nrt Title Agency Llc
Deed $312,500 None Available
Deed $146,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $401,250 New Conventional
Closed $401,250 New Conventional
Previous Owner $296,000 New Conventional
Previous Owner $247,500 New Conventional
Previous Owner $250,000 New Conventional
Previous Owner $71,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2025 02/20/25 Sold $535,000 +7.4% $301 / Sq Ft
01/24/2025 01/24/25 Pending -- -- --
01/16/2025 01/16/25 For Sale $498,000 +32.8% $280 / Sq Ft
06/18/2018 06/18/18 Sold $375,000 0.0% $211 / Sq Ft
05/24/2018 05/24/18 Pending -- -- --
05/11/2018 05/11/18 For Sale $374,999 -- $211 / 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
2024 $8,043 $452,100 $129,000 $323,100
2023 $7,619 $404,000 $129,000 $275,000
2022 $7,666 $381,200 $129,000 $252,200
2021 $7,533 $357,000 $129,000 $228,000
2020 $7,561 $361,100 $129,000 $232,100
2019 $7,225 $355,200 $125,000 $230,200
2018 $6,488 $323,600 $125,000 $198,600
2017 $6,259 $314,700 $125,000 $189,700
2016 $6,068 $311,000 $125,000 $186,000
2015 $5,574 $290,900 $125,000 $165,900
2014 $5,713 $295,400 $125,000 $170,400
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2025

    KAREN LEMKE

    KL SOTHEBY'S INT'L. REALTY

  • J

    Seller Co-Listing Agent in 2025

    JILL FAHERTY

    KL SOTHEBY'S INT'L. REALTY

  • Erica Travis

    Seller's Agent in 2018

    Erica Travis

    COMPASS NEW JERSEY, LLC

    (908) 370-8695

    2 in this area

    90 Total Sales

    Erica Travis
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3941111

Garden State MLS

APN: 02-09203-0000-00036-02-CONDO

New Jersey Somerset County Basking Ridge 07920

333 Penns Way Unit 24B, Basking Ridge, NJ

This home is located at 333 Penns Way Unit 24B, Basking Ridge, NJ 07920 and is currently priced at $535,000, approximately $300 per square foot. This property was built in 1986. 333 Penns Way Unit 24B 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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