NOT LISTED FOR SALE

346 Penns Way Basking Ridge, NJ 07920

Estimated Value: $391,000 - $421,598

2 Beds
2 Baths
1,181 Sq Ft
$280/mo HOA Fee

Last Sold March 24, 2017

Last sale price $255,000 $216 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,969/month

276 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Formal Dining Room
  • Liberty Corner Elementary School Rated A
  • Jogging Path
  • Eat-In Kitchen

About This Home

As of March 2017

Great new price! Wonderful first floor unit with well maintained laminate flooring throughout. New interior doors, along with newer HVAC (2012) and new hot water heater (2015). Spacious walk-in closet master bedroom. Home is very clean and easy access to assigned parking space (25A2) and additional parking. Enjoy all the amenities Society Hill has to offer, including in-ground pool, clubhouse, tennis courts, playground, basketball court, bocce court, bicycle and pedestrian paths, and beautifully maintained grounds. Property manager is located in the development. Convenient location to major highways, including, 78 and 287, shopping, restaurants, and several public parks. Top rated, blue ribbon schools of Bernards Township.

Last Agent to Sell the Property

Gabrielle Walborsky

WEICHERT REALTORS Listed on: 05/07/2016

WEICHERT REALTORS

Last Buyer's Agent

CAROL MASLIN

BHHS JORDAN BARIS REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,494

Year Built

  • Built in 1986

Lot Details

  • 479

HOA Fees

  • $280 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Tile

Interior Spaces

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

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

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

Outdoor Features

  • Private Pool
  • Patio

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
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2702-09203-0000-00033-0007-CONDO
  • Tax Block *

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

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

Pet Policy

  • Pets Allowed

Security

  • Storm Doors
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,494

Year Built

Built in 1986

Lot Details

0

HOA Fees

$280 per month

Listing Details

  • Style: One Floor Unit, First Floor 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: 346
  • Directions: Mt. Airy Rd., to Valley Rd., to 1st Right in to Society Hill Entrance (Spring Valley Rd), to 4th Right on Penns Way, to #346 on the Right.
  • I D: 4618910
  • Modified: 2021-09-23
  • Number Images: 24
  • Section Subdiv Development: Society Hill
  • First Name: GABRIELLE
  • First Name3: CAROL
  • Last Name: WALBORSKY
  • Last Name3: MASLIN
  • Office Phone3: 973-736-1600
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Laminate, Tile
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Dryer
  • Interior Amenities: TubShowr, StallShw, Walk-In Closet, Fire Extinguisher, Carbon Monoxide Detector
  • Number Rooms: 5
  • Bedrooms: 2
  • Master Bedroom Desc: 1st Floor, Full Bath, Walk-In Closet
  • Bedroom 2 Level: First
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 10x7
  • Kitchen Level: First
  • Living Room Dim: 17x14
  • Living Room Level: First
  • Level 1 Rooms: Bath(s) Other, 2 Bedrooms, Kitchen, Laundry Room, Utility Room, Dining Room, Living Room, Bath Main
  • Phone: 908-766-7500

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Sidewalk, Tennis Courts, Patio, Storm Door(s), Curbs
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Amenities: Playground, Club House, Pool-Outdoor, Jogging/Biking Path, Tennis Courts
  • Association Maintenance Fee: 280
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Snow Removal, Trash Collection, Maintenance-Common Area

Fee Information

  • Other Fee Freqency: One Time

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: 109600
  • Assessed Land Value: 125000
  • Assessment: 234600
  • Easement: Unknown
  • Lot Identifier: 33.7
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Application Fee: 804
  • Pets Allowed: Yes

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4494
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-09203-0000-00033-0007-CONDO
  • Tax Rate Amount: 1.916
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: LIBERTY C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2020
Sold by
Heath Sarah and Byrne Donal
Bought by
Li Christine
Current Estimated Value
$412,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$176,839
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$236,061

Purchase Details

Listed on
May 7, 2016
Closed on
Mar 7, 2017
Sold by
Christofidis Catherine
Bought by
Heath Sarah
Seller's Agent
Gabrielle Walborsky
WEICHERT REALTORS
Buyer's Agent
CAROL MASLIN
BHHS JORDAN BARIS REALTY
List Price
$268,000
Sold Price
$255,000
Premium/Discount to List
-$13,000
-4.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%
Original Mortgage
$204,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 23, 2010
Sold by
Christofidis Catherine
Bought by
Christofidis Catherine

Purchase Details

Closed on
Jan 28, 2003
Sold by
Diamond Marie
Bought by
Christofidis John and Christofidis Catherine

Purchase Details

Closed on
Jun 15, 2001
Sold by
Rosenbloom Glenn
Bought by
Diamond Jr Jerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,600
Interest Rate
6.7%

Purchase Details

Closed on
Feb 26, 1999
Sold by
Dennis Michael
Bought by
Rosenbloom Glenn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,700
Interest Rate
6.78%
Source: Public Records

Range of Values:

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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
Li Christine $270,000 None Available
Heath Sarah $255,000 Kenworth Title Llc
Christofidis Catherine -- None Available
Christofidis John $209,000 --
Diamond Jr Jerald $177,000 --
Rosenbloom Glenn $126,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Christine $200,000
Previous Owner Heath Sarah $204,000
Previous Owner Diamond Jr Jerald $141,600
Previous Owner Rosenbloom Glenn $119,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2017 03/24/17 Sold $255,000 -4.9% $216 / Sq Ft
02/07/2017 02/07/17 Pending -- -- --
05/07/2016 05/07/16 For Sale $268,000 -- $227 / 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 $5,887 $383,600 $160,000 $223,600
2024 $5,887 $330,900 $129,000 $201,900
2023 $5,820 $308,600 $129,000 $179,600
2022 $5,655 $281,200 $129,000 $152,200
2021 $5,459 $258,700 $120,000 $138,700
2020 $5,055 $241,400 $120,000 $121,400
2019 $4,871 $239,500 $123,000 $116,500
2018 $4,762 $237,500 $125,000 $112,500
2017 $4,704 $236,500 $125,000 $111,500
2016 $4,600 $235,800 $125,000 $110,800
2015 $4,495 $234,600 $125,000 $109,600
2014 $4,429 $229,000 $125,000 $104,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3304443

Garden State MLS

APN: 02-09203-0000-00033-07-CONDO