NOT LISTED FOR SALE

360 Penns Way Basking Ridge, NJ 07920

Estimated Value: $378,000 - $437,000

2 Beds
2 Baths
1,181 Sq Ft
$290/mo HOA Fee

Last Sold April 10, 2019

Last sale price $230,000 $195 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,994/month

3 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Wood Flooring
  • Liberty Corner Elementary School Rated A
  • Deck
  • Tennis Courts

About This Home

As of April 2019

Location is key here. Typical 2 bedroom, 2 bath condo located in the highly desirable Society Hill. New HVAC system to be installed. Backing up to state land, this condo offers serene views from its deck. Ground floor unit which means there are no stairs and handicap friendly. Very clean, vacant and quick closing possible. Conveniently located close to major highways, 78, 287, 202/206 close by, as well as desirable shopping areas. Society Hill offers out door pool facilities, club house, tennis courts, and wide sidewalks for walking/biking. FHA approved.

Last Agent to Sell the Property

THOMAS RIEHL

VYLLA HOME Listed on: 02/12/2019

Last Buyer's Agent

THOMAS RIEHL

VYLLA HOME Listed on: 02/12/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,731

Year Built

  • Built in 1986

Lot Details

  • 4,356

HOA Fees

  • $290 Monthly HOA Fees

Parking

  • Additional Parking

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,181 Sq Ft Home
  • 1-Story Property

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

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

Outdoor Features

  • Private Pool
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Water Tap or Transfer Fee

Listing and Financial Details

  • Assessor Parcel Number 2702-09203-0000-00035-0003-CONDO
  • Tax Block *

Community Details

Overview

  • $35 Other Monthly Fees

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,731

Year Built

Built in 1986

Lot Details

0

HOA Fees

$290 per month

Listing Details

  • Style: One 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: 360
  • Directions: Valley Rd. to Society Hill entrance to Penns Way
  • I D: 4870205
  • Modified: 2021-09-23
  • Number Images: 11
  • Section Subdiv Development: Society Hill
  • First Name: THOMAS
  • First Name3: THOMAS
  • Last Name: RIEHL
  • Last Name3: RIEHL
  • Office Phone: 856-206-0413
  • Office Phone3: 856-206-0413
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Wood
  • Appliances: Range/Oven-Gas, Refrigerator, Dishwasher, Microwave Oven
  • Number Rooms: 5
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Dining Room Level: First
  • Kitchen Area: Breakfast Bar
  • Kitchen Dim: 10x10
  • Kitchen Level: First
  • Living Room Dim: 17x14
  • Living Room Level: First
  • Estimated Sq Ft: 1181
  • Phone: 856-206-0413

Exterior Features

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

Garage/Parking

  • Parking Driveway Description: Additional Parking

Utilities

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

Condo/Co-op/Association

  • Amenities: Playground, Club House, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 290
  • Association Maintenance Fee Frequency: Monthly

Fee Information

  • Other Fee Freqency: Annually
  • Other Fees: 420

Lot Info

  • Assessed Improvement Value: 111000
  • Assessed Land Value: 125000
  • Assessment: 236000
  • Easement: Unknown
  • Lot Identifier: 35.3
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.10

Rental Info

  • Application Fee: 775
  • Pets Allowed: Yes

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4731
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-09203-0000-00035-0003-CONDO
  • Tax Rate Amount: 2.005
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2019
Closed on
Mar 20, 2019
Sold by
Ramirez Edward
Bought by
Moffat Catherine L
Seller's Agent
THOMAS RIEHL
VYLLA HOME
Buyer's Agent
THOMAS RIEHL
VYLLA HOME
List Price
$230,000
Sold Price
$230,000
Total Days on Market
3
Current Estimated Value
$402,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,071
Avg. Annual Appreciation
9.02%

Purchase Details

Closed on
Jan 8, 2013
Sold by
Ramirez Maria
Bought by
Ramirez Edward

Purchase Details

Closed on
Jan 4, 2006
Sold by
Lepore Kenneth
Bought by
Ramirez Maria C and Ramirez Edward G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.28%

Purchase Details

Closed on
May 8, 1998
Sold by
August Di Biase
Bought by
Lepore Kenneth and Lepore Christel
Source: Public Records

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Range of Values:

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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
Moffat Catherine L $230,000 None Available
Ramirez Edward -- None Available
Ramirez Maria C $300,000 --
Lepore Kenneth $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramirez Maria C $226,500
Previous Owner Ramirez Maria C $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2019 04/10/19 Sold $230,000 0.0% $195 / Sq Ft
02/15/2019 02/15/19 Pending -- -- --
02/12/2019 02/12/19 For Sale $230,000 -- $195 / 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
2024 $5,369 $301,800 $129,000 $172,800
2023 $5,334 $282,800 $129,000 $153,800
2022 $5,217 $259,400 $129,000 $130,400
2021 $5,031 $238,800 $120,000 $118,800
2020 $5,019 $239,700 $120,000 $119,700
2019 $4,839 $237,900 $123,000 $114,900
2018 $4,732 $236,000 $125,000 $111,000
2017 $4,648 $233,700 $125,000 $108,700
2016 $4,544 $232,900 $125,000 $107,900
2015 $4,491 $234,400 $125,000 $109,400
2014 $4,425 $228,800 $125,000 $103,800
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Garden State MLS

MLS Number: 3531486

Garden State MLS

APN: 02-09203-0000-00035-03-CONDO