NOT LISTED FOR SALE

338 Penns Way Basking Ridge, NJ 07920

Estimated Value: $518,000 - $559,000

3 Beds
2.5 Baths
1,380 Sq Ft
$388/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $410,000 $297 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,921/month

5 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Tennis Courts
  • Liberty Corner Elementary School Rated A
  • Deck
  • Jogging Path

About This Home

As of August 2021

Welcome to this spacious 3 bedroom/2.5 bath Townhouse located in Society Hill. Once you enter you will find a wood burning FP to enjoy those chilly nights, LR/DR combo, Powder Room, Laundry and Kitchen which leads to your beautiful wood deck that is unique to this home. Upstairs you will find 2 bedrooms, full bath and your master ensuite with W/I Closet. The home includes many updates such as new carpeting (1 year old) New Windows, Newer HVAC (5 years old) Modified bedroom closets, new kitchen granite and floors, Central humidifier and much more. Enjoy community living and all the amenities this home has to offer. Won't Last Long!

Last Agent to Sell the Property

Louis Cicenia

WEICHERT REALTORS Listed on: 06/07/2021

WEICHERT REALTORS

Co-Listed By

ASPASIA D ANGELO

WEICHERT REALTORS

Last Buyer's Agent

Basant Ahmed

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,979

Year Built

  • Built in 1986

Lot Details

  • 741

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Vinyl Siding
  • Tile

Interior Spaces

  • 1,380 Sq Ft Home
  • Wood Burning Fireplace
  • Thermal Windows
  • Drapes & Rods
  • Blinds
  • Family or Dining Combination
  • Storage Room
  • Laundry Room
  • Wall to Wall Carpet

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Home Security

Parking

  • Additional Parking
  • Assigned Parking

Outdoor Features

  • Private Pool
  • Deck

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
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-09203-0000-00036-0007-CONDO
  • Tax Block *

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

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

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,979

Year Built

Built in 1986

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Style: Multi Floor Unit, Townhouse-Interior
  • Primary Style: Multi Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1986
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 338
  • Directions: Valley Rd to Society Hill Entrance to Penns Way
  • I D: 5078001
  • Modified: 2022-08-28
  • Number Images: 21
  • Section Subdiv Development: Society Hill
  • First Name: LOUIS
  • First Name2: ASPASIA
  • First Name3: BASANT
  • Last Name: CICENIA
  • Last Name2: D ANGELO
  • Last Name3: AHMED
  • Office Phone: 973-584-2300
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpeting, Tile
  • Fireplace Description: Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven-Gas, Refrigerator
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Drapes, Smoke Detector, StallTub, Walk-In Closet
  • Number Rooms: 6
  • Bedrooms: 3
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 10x9
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Living/Dining Room
  • Other Room1 Dim: 30x13
  • Other Room1 Level: First
  • Other Room 2: PowderRm
  • Other Room2 Level: First
  • Other Room 3: Bathroom
  • Other Room3 Level: Second
  • Other Room 4: Bathroom
  • Other Room4 Level: Second
  • Level 1 Rooms: Kitchen, Laundry Room, LivDinRm, Powder Room, Storage Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Estimated Sq Ft: 1380
  • Phone: 973-584-2300

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Barbeque, Curbs, Deck, Sidewalk, Thermal Windows/Doors
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: Additional Parking, Assigned, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Club House, Jogging/Biking Path, Playground, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 300
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Trash Collection

Schools

  • Elementary School: LIBERTY C
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Assessed Improvement Value: 204300
  • Assessed Land Value: 129000
  • Assessment: 333300
  • Easement: Unknown
  • Lot Identifier: 36.07
  • Lot I D Tax: *

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6979
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-09203-0000-00036-0007-CONDO
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.094
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: LIBERTY C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2021
Closed on
Aug 24, 2021
Sold by
Silvers Michael S and Silvers Rebecca A
Bought by
Abdelfattah Ahmed
Seller's Agent
Louis Cicenia
WEICHERT REALTORS
Buyer's Agent
Basant Ahmed
COLDWELL BANKER REALTY
List Price
$395,500
Sold Price
$410,000
Premium/Discount to List
$14,500
3.67%
Total Days on Market
5
Current Estimated Value
$535,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,066
Avg. Annual Appreciation
7.30%
Original Mortgage
$387,125
Outstanding Balance
$356,072
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$178,994
Source: Public Records

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Range of Values:

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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
Abdelfattah Ahmed $410,000 Inmprivm Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abdelfattah Ahmed $387,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $410,000 +3.7% $297 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
06/12/2021 06/12/21 For Sale $395,500 -- $287 / 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 $7,418 $417,000 $129,000 $288,000
2023 $7,367 $390,600 $129,000 $261,600
2022 $7,459 $370,900 $129,000 $241,900
2021 $7,028 $333,100 $129,000 $204,100
2020 $6,979 $333,300 $129,000 $204,300
2019 $6,818 $335,200 $125,000 $210,200
2018 $6,721 $335,200 $125,000 $210,200
2017 $6,536 $328,600 $125,000 $203,600
2016 $6,354 $325,700 $125,000 $200,700
2015 $6,081 $317,400 $125,000 $192,400
2014 $5,825 $301,200 $125,000 $176,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3718080

Garden State MLS

APN: 02-09203-0000-00036-07-CONDO