$350,000
PENDING

341 Penns Way Unit D2 Basking Ridge, NJ 07920

Estimated payment $2,618/month

Total Views 5,429
2 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Private Pool
  • Formal Dining Room
  • Eat-In Kitchen
  • Liberty Corner Elementary School Rated A
  • Porch
  • Walk-In Closet

About This Home

Welcome to Society Hill-Perfectly scaled open kitchen/living/dining rooms provide easy entertaining. Two 1st floor King Sized Bedrooms/2 Full Renovated Bathrooms w great closet space located at opposite ends of the unit ensuring privacy and personal space. This residential community includes a wide range of amenity packages, Washer/Dryer in Unit, Resident's Lounge Clubhouse, play area, Tennis, Pool, Walking Paths, Pond in the development. This property presents a wonderful opportunity for end users, gifting, is investor friendly, subletting allowed, and is pet friendly. Incredible value in a PRIME location close proximity to attractive parks, entertainment venues, restaurants, lounges, cafes, stores, and more.

Listing Agent

DIANE STATILE

PROMINENT PROPERTIES SIR Brokerage Phone: 908-405-7200 Listed on: 07/25/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,270

Year Built

  • Built in 1987

HOA Fees

  • $330 Monthly HOA Fees

Home Design

  • Composition Shingle

Interior Spaces

  • 1-Story Property
  • Living Room
  • Formal Dining Room
  • Wall to Wall Carpet

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Additional Parking
  • Assigned Parking

Outdoor Features

  • Private Pool
  • Patio
  • Porch

Schools

  • Liberty C Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-09203-0000-00033-0002-CONDO
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area, maintenance-exterior, snow removal, trash collection
  • $1,000 Other One-Time Fees

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,270

Year Built

Built in 1987

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Style: One Floor Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1987
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 341
  • Directions: Spring Valley Blvd to Society Hill
  • I D: 5299537
  • Modified: 2025-08-08
  • Number Images: 13
  • Section Subdiv Development: Society Hill
  • Attribution Contact: 908-405-7200
  • MLS Status: Under Contract
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting
  • Appliances: Dishwasher, Dryer, Kitchen Exhaust Fan, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Smoke Detector, StallShw, StallTub, Walk-In Closet
  • Number Rooms: 5
  • Bedrooms: 2
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Dining Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 10x10
  • Kitchen Level: First
  • Living Room Dim: 17x14
  • Living Room Level: First
  • Level 1 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other, Dining Room, Kitchen, Laundry Room, Living Room, Porch

Exterior Features

  • Exterior Description: Composition Shingle
  • Exterior Features: Curbs, Patio, Tennis Courts
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 1
  • Parking Driveway Description: Additional Parking, Assigned

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 330
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Trash Collection

Fee Information

  • Other Fee Freqency: One Time
  • Other Fees: 1000

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: 158400
  • Assessed Land Value: 129000
  • Assessment: 287400
  • Easement: Unknown
  • Lot Description: Backs to Park Land
  • Lot Identifier: 33.02
  • 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: 5270
  • Assessor Parcel Number: 2702-09203-0000-00033-0002-CONDO
  • Assessor Parcel Number: *
  • Tax Rate Amount: 1.886
  • Tax Rate Tax: *
  • Tax Rate Year: 2023
  • Tax Year Tax: *
  • Tax Year: 2023

MLS Schools

  • Grade School: LIBERTY C

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,463 $365,900 $160,000 $205,900
2024 $5,463 $307,100 $129,000 $178,100
2023 $5,420 $287,400 $129,000 $158,400
2022 $5,271 $262,100 $129,000 $133,100
2021 $5,066 $240,100 $120,000 $120,100
2020 $5,047 $241,000 $120,000 $121,000
2019 $4,843 $238,100 $123,000 $115,100
2018 $4,736 $236,200 $125,000 $111,200
2017 $4,700 $236,300 $125,000 $111,300
2016 $4,602 $235,900 $125,000 $110,900
2015 $4,495 $234,600 $125,000 $109,600
2014 $4,429 $229,000 $125,000 $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2024 08/22/24 Pending -- -- --
07/25/2024 07/25/24 For Sale $350,000 -- --
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Deed $268,000 Chicago Title Insurance Co
Deed $175,000 --
Deed $112,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $196,000 New Conventional
Closed $214,400 Purchase Money Mortgage
Previous Owner $110,000 No Value Available
Previous Owner $113,000 VA
Source: Public Records

Source: Garden State MLS

MLS Number: 3915296

Garden State MLS

APN: 02-09203-0000-00033-02-CONDO