NOT LISTED FOR SALE

349 Penns Way Basking Ridge, NJ 07920

Estimated Value: $394,000 - $424,599

2 Beds
2 Baths
-- Sq Ft
566 Sq Ft Lot

Last Sold October 02, 2023

Last sale price $370,000

Est. 12% increase in value since last sale

Current estimated payment $2,681/month

9 Days on Market

About This Home

As of October 2023

This home is located at 349 Penns Way, Basking Ridge, NJ 07920 since 19 July 2023 and is currently estimated at $413,150. 349 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.

Last Agent to Sell the Property

BARBARA SCHMIDT-KEMP

COLDWELL BANKER REALTY Brokerage Phone: 973-377-4444 Listed on: 07/19/2023

Last Buyer's Agent

Roslyn Nina-Cianfano

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,065

Lot Details

  • 566

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,065

Lot Details

0

Listing Details

  • County Name: Somerset
  • I D: 5230793
  • Attribution Contact: 973-377-4444
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2023
Closed on
Aug 25, 2023
Sold by
Glick Sally L
Bought by
Aragon Nelson
Seller's Agent
BARBARA SCHMIDT-KEMP
COLDWELL BANKER REALTY
Buyer's Agent
Roslyn Nina-Cianfano
COLDWELL BANKER REALTY
List Price
$320,000
Sold Price
$370,000
Premium/Discount to List
$50,000
15.62%
Views
20
Current Estimated Value
$413,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,150
Avg. Annual Appreciation
5.29%
Original Mortgage
$230,500
Interest Rate
7.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2019
Sold by
Winston Robert T
Bought by
Capurso Louis and Kapitan Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2002
Sold by
Prisco James
Bought by
Glick Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
7.15%

Purchase Details

Closed on
Feb 26, 2002
Sold by
Pahuja Ashwini
Bought by
Prisco James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,200
Interest Rate
6.85%

Purchase Details

Closed on
Jun 1, 1999
Sold by
Brush Victoria
Bought by
Pahuja Ashwini

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,400
Interest Rate
7.19%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Aragon Nelson $370,000 None Listed On Document
Aragon Nelson $370,000 None Listed On Document
Capurso Louis $270,000 Foundation Title Llc
Glick Sally $205,000 --
Prisco James $194,000 --
Pahuja Ashwini $144,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aragon Nelson $230,500
Previous Owner Capurso Louis $243,000
Previous Owner Glick Sally $197,000
Previous Owner Prisco James $155,200
Previous Owner Pahuja Ashwini $130,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2023 10/02/23 Sold $370,000 +15.6% --
07/28/2023 07/28/23 Pending -- -- --
07/19/2023 07/19/23 For Sale $320,000 -- --
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 $6,065 $394,700 $160,000 $234,700
2024 $6,065 $340,900 $129,000 $211,900
2023 $5,728 $303,700 $129,000 $174,700
2022 $5,546 $275,800 $129,000 $146,800
2021 $5,084 $241,400 $120,000 $121,400
2020 $5,074 $242,300 $120,000 $122,300
2019 $4,857 $238,800 $123,000 $115,800
2018 $4,748 $236,800 $125,000 $111,800
2017 $4,726 $237,600 $125,000 $112,600
2016 $4,626 $237,100 $125,000 $112,100
2015 $4,497 $234,700 $125,000 $109,700
2014 $4,431 $229,100 $125,000 $104,100
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    BARBARA SCHMIDT-KEMP

    COLDWELL BANKER REALTY

  • Roslyn Nina-Cianfano

    Buyer's Agent in 2023

    Roslyn Nina-Cianfano

    COLDWELL BANKER REALTY

    (908) 295-8526

    3 in this area

    31 Total Sales

    Roslyn Nina-Cianfano
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3855177

Garden State MLS

APN: 02-09203-0000-00033-10-CONDO

New Jersey Somerset County Basking Ridge 07920

349 Penns Way, Basking Ridge, NJ

Not Listed for Sale

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