NOT LISTED FOR SALE

343 Penns Way Basking Ridge, NJ 07920

Estimated Value: $392,000 - $419,000

2 Beds
2 Baths
-- Sq Ft
$300/mo HOA Fee

Last Sold October 04, 2021

Last sale price $315,000

Est. 29% increase in value since last sale

Current estimated payment $2,926/month

17 Days on Market

Highlights

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

About This Home

As of October 2021

Spacious end unit with cathedral ceilings and skylights on upper floor at Society Hill. Model 5300. All popcorn removed from ceilings. Beautifully updated two baths. HVAC 2021. SS appliances & tile floor in EIK. Pergo flooring throughout. Interior recently painted. Updated light fixtures. Deck of Living Room. Master suite with walk in closet. Convenient location to shopping, restaurants and I-78. 43 acre of manicured community near Pleasant Valley Park. On-site property manager, clubhouse, in-ground pool, tennis court, bocce court, basketball court and bicycle paths. Assigned parking and additional parking. Excellent Bernards Twp schools

Last Agent to Sell the Property

ALMA AGUAYO

WEICHERT REALTORS Listed on: 08/03/2021

Co-Listed By

IRINA BAGMUT

WEICHERT REALTORS

Last Buyer's Agent

ANA INOA

BHHS ABBOTT REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,023

Year Built

  • Built in 1986

Lot Details

  • 479

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Tile

Interior Spaces

  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Living Room
  • Formal Dining Room
  • Utility Room
  • Laminate Flooring

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Common or Shared Parking
  • Shared Driveway
  • 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

Listing and Financial Details

  • Assessor Parcel Number 2702-09203-0000-00033-0004-CONDO
  • Tax Block *

Community Details

Overview

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

Recreation

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

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,023

Year Built

Built in 1986

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Style: One Floor Unit, Townhouse-End Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1986
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 343
  • Directions: I-78 Exit 33, to North on Mt Airy Rd, to R on Valley Rd. to 1st R into Society Hill Entrance to 4th R on Penns Way to #343 on the Right
  • I D: 5093684
  • Modified: 2022-10-05
  • Number Images: 22
  • Section Subdiv Development: Society Hill
  • First Name: ALMA
  • First Name2: IRINA
  • First Name3: ANA
  • Last Name: AGUAYO
  • Last Name2: BAGMUT
  • Last Name3: INOA
  • Office Phone: 908-766-7500
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Laminate, Tile
  • Appliances: Dishwasher, Dryer, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling, High Ceilings, Walk-In Closet
  • Number Rooms: 5
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Dining Room Level: Second
  • Dining Area: Formal Dining Room
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 10x10
  • Kitchen Level: Second
  • Living Room Dim: 17x14
  • Living Room Level: Second
  • Level 2 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other, Dining Room, Kitchen, Laundry Room, Living Room, Utility Room
  • Phone: 908-766-7500

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Curbs, Deck
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 1
  • Parking Driveway Description: 1 Car Width, Additional Parking, Assigned, Blacktop, Common, Lighting

Utilities

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

Condo/Co-op/Association

  • Amenities: 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, Snow Removal, 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: 119000
  • Assessed Land Value: 120000
  • Assessment: 239000
  • Easement: Unknown
  • Lot Identifier: 33.04
  • Lot I D Tax: *
  • Lot Size 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: 5023
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-09203-0000-00033-0004-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
Aug 3, 2021
Closed on
Oct 30, 2021
Sold by
Norma Menchon
Bought by
Menchon Norma and Menchon Francisco
Seller's Agent
ALMA AGUAYO
WEICHERT REALTORS
Buyer's Agent
ANA INOA
BHHS ABBOTT REALTORS
List Price
$315,000
Sold Price
$315,000
Current Estimated Value
$405,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,521
Avg. Annual Appreciation
6.52%
Original Mortgage
$215,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 3, 2021
Closed on
Sep 24, 2021
Sold by
Khomyn Ulyana
Bought by
Menchon Norma
Seller's Agent
ALMA AGUAYO
WEICHERT REALTORS
Buyer's Agent
ANA INOA
BHHS ABBOTT REALTORS
List Price
$315,000
Sold Price
$315,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 19, 2016
Closed on
Nov 21, 2016
Sold by
Jean Tychawn and Johnson Fareed
Bought by
Khomyn Ulyana
Seller's Agent
ALMA AGUAYO
WEICHERT REALTORS
Buyer's Agent
ALMA AGUAYO
WEICHERT REALTORS
List Price
$225,000
Sold Price
$216,400
Premium/Discount to List
-$8,600
-3.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.01%

Purchase Details

Closed on
Dec 7, 2007
Sold by
Jean Tychawn and Jean Madeleine
Bought by
Jean Tychawn and Johnson Fareed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,260
Interest Rate
6.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2006
Sold by
Lieberman Derek J
Bought by
Tychawn Jean and Jean Madeleine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.83%

Purchase Details

Closed on
Dec 12, 2003
Sold by
Froncek Michael J
Bought by
Lieberman Derek J

Purchase Details

Closed on
Apr 16, 2002
Sold by
Andolino Leonard
Bought by
Froncek Michael and Froncek Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,350
Interest Rate
6.85%
Mortgage Type
FHA
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
Menchon Norma -- First American Title
Menchon Norma $315,000 First Jersey Title Svcs Inc
Khomyn Ulyana $216,400 None Available
Jean Tychawn -- Bergen Title Agency Inc
Tychawn Jean $270,000 --
Lieberman Derek J $232,000 --
Froncek Michael $196,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Menchon Norma $215,000
Previous Owner Jean Tychawn $288,260
Previous Owner Tychawn Jean $216,000
Previous Owner Froncek Michael $191,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/04/2021 10/04/21 Sold $315,000 0.0% --
08/20/2021 08/20/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $315,000 +45.6% --
11/21/2016 11/21/16 Sold $216,400 -3.8% -- View Prior Sale
11/18/2016 11/18/16 Pending -- -- --
04/19/2016 04/19/16 For Sale $225,000 -- --
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 $5,607 $366,100 $160,000 $206,100
2024 $5,607 $315,200 $129,000 $186,200
2023 $5,556 $294,600 $129,000 $165,600
2022 $5,418 $269,400 $129,000 $140,400
2021 $5,043 $239,000 $120,000 $119,000
2020 $5,024 $239,900 $120,000 $119,900
2019 $4,788 $235,400 $123,000 $112,400
2018 $4,684 $233,600 $125,000 $108,600
2017 $4,710 $236,800 $125,000 $111,800
2016 $4,881 $250,200 $125,000 $125,200
2015 $4,501 $234,900 $125,000 $109,900
2014 $4,435 $229,300 $125,000 $104,300
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    ALMA AGUAYO

    WEICHERT REALTORS

  • I

    Seller Co-Listing Agent in 2021

    IRINA BAGMUT

    WEICHERT REALTORS

  • A

    Buyer's Agent in 2021

    ANA INOA

    BHHS ABBOTT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3732908

Garden State MLS

APN: 02-09203-0000-00033-04-CONDO

New Jersey Somerset County Basking Ridge 07920

343 Penns Way, Basking Ridge, NJ

This home is located at 343 Penns Way, Basking Ridge, NJ 07920 since 03 August 2021 and is currently estimated at $405,521. This property was built in 1986. 343 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.

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