NOT LISTED FOR SALE

351 Penns Way Basking Ridge, NJ 07920

Estimated Value: $500,000 - $598,972

3 Beds
3 Baths
-- Sq Ft
784 Sq Ft Lot

Last Sold May 28, 2024

Last sale price $585,000

Est. 4% decrease in value since last sale

Current estimated payment $3,615/month

9 Days on Market

About This Home

As of May 2024

This home is located at 351 Penns Way, Basking Ridge, NJ 07920 since 06 May 2024 and is currently estimated at $560,243. 351 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

D. WENDELL CARPENTER

COLDWELL BANKER REALTY Brokerage Phone: 908-766-0808 Listed on: 05/06/2024

Last Buyer's Agent

Jennifer Blanchard

BHHS FOX & ROACH

BHHS FOX & ROACH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,598

Lot Details

  • 784

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,598

Lot Details

0

Listing Details

  • County Name: Somerset
  • Street Number Display: 351
  • I D: 5283000
  • Modified: 2025-05-29
  • Number Images: 1
  • Attribution Contact: 908-766-0808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2024
Closed on
May 23, 2024
Sold by
Hamilton David J
Bought by
Silverstein Zachary and Silverstein Paige
Seller's Agent
D. WENDELL CARPENTER
COLDWELL BANKER REALTY
Buyer's Agent
Jennifer Blanchard
BHHS FOX & ROACH
List Price
$495,000
Sold Price
$585,000
Premium/Discount to List
$90,000
18.18%
Views
52
Current Estimated Value
$560,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,757
Avg. Annual Appreciation
-3.15%
Original Mortgage
$585,000
Outstanding Balance
$577,135
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
-$16,892

Purchase Details

Listed on
May 27, 2016
Closed on
Aug 16, 2016
Sold by
Stoto Joseph and Stoto Maureen
Bought by
Hamilton David J
Seller's Agent
Jo Ann Deady
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
Peter Cagnassola
BEDMINSTER HILLS REALTY
List Price
$353,000
Sold Price
$344,000
Premium/Discount to List
-$9,000
-2.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.07%
Original Mortgage
$292,400
Interest Rate
3.45%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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
Silverstein Zachary $585,000 Allied Title
Hamilton David J $344,000 Westcor Land Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silverstein Zachary $585,000
Previous Owner Hamilton David J $292,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/28/2024 05/28/24 Sold $585,000 +18.2% --
05/15/2024 05/15/24 Pending -- -- --
05/06/2024 05/06/24 For Sale $495,000 +43.9% --
08/22/2016 08/22/16 Sold $344,000 -2.5% -- View Prior Sale
06/26/2016 06/26/16 Pending -- -- --
05/27/2016 05/27/16 For Sale $353,000 -- --
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 $7,598 $514,300 $160,000 $354,300
2024 $7,598 $427,100 $129,000 $298,100
2023 $7,540 $399,800 $129,000 $270,800
2022 $7,612 $378,500 $129,000 $249,500
2021 $7,132 $338,000 $129,000 $209,000
2020 $7,015 $335,000 $129,000 $206,000
2019 $6,798 $334,200 $125,000 $209,200
2018 $6,701 $334,200 $125,000 $209,200
2017 $6,584 $331,000 $125,000 $206,000
2016 $6,395 $327,800 $125,000 $202,800
2015 $5,988 $312,500 $125,000 $187,500
2014 $5,740 $296,800 $125,000 $171,800
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    D. WENDELL CARPENTER

    COLDWELL BANKER REALTY

  • Jennifer Blanchard

    Buyer's Agent in 2024

    Jennifer Blanchard

    BHHS FOX & ROACH

    (908) 432-0318

    137 in this area

    220 Total Sales

    Jennifer Blanchard
    Section Image

  • J

    Seller's Agent in 2016

    Jo Ann Deady

    KL SOTHEBY'S INT'L. REALTY

    (908) 625-4685

    7 in this area

    28 Total Sales

    Jo Ann Deady
    Section Image
  • Peter Cagnassola

    Buyer's Agent in 2016

    Peter Cagnassola

    BEDMINSTER HILLS REALTY

    (908) 658-3400

    15 in this area

    121 Total Sales

    Peter Cagnassola
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3900112

Garden State MLS

APN: 02-09203-0000-00037-02-CONDO

New Jersey Somerset County Basking Ridge 07920

351 Penns Way, Basking Ridge, NJ

This home is located at 351 Penns Way, Basking Ridge, NJ 07920 since 06 May 2024 and is currently estimated at $560,243. 351 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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