NOT LISTED FOR SALE

368 Penns Way Basking Ridge, NJ 07920

Estimated Value: $255,543 - $311,000

2 Beds
1 Bath
957 Sq Ft
$290/mo HOA Fee

Last Sold December 03, 2019

Last sale price $160,000 $167 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,109/month

10 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Eat-In Kitchen
  • Liberty Corner Elementary School Rated A
  • Butlers Pantry
  • Walk-In Closet

About This Home

As of December 2019

Great 2 BD condo - Moderate Income Unit Affordable Housing in Society Hill. Ground floor, facing back. HVAC 2016. HWH 2017. Updated windows. Newer LR and Hallway carpeting. Master bedroom with walk in closet. Large utility/laundry/storage room. Private patio, backs to the open space in peaceful setting. Convenient location to shopping, restaurants and I-78. 43 acres of manicured community near Pleasant Valley Park. On-site property manager, clubhouse, in-ground pool, tennis court, bocce court, basketball court, bicycle paths. Excellent schools. Household Annual Income cannot exceed: for 1 person: $66,248, for 2 person: $75,712, for 3 person: $85,176. Approval from CJHRC is required.

Last Agent to Sell the Property

ALMA AGUAYO

WEICHERT REALTORS Listed on: 10/28/2019

Last Buyer's Agent

Terri Granholm

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,901

Year Built

  • Built in 1986

Lot Details

  • 392

HOA Fees

  • $290 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 957 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven or Range

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Bedroom

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

Listing and Financial Details

  • Assessor Parcel Number 2702-09203-0000-00035-0011-CONDO
  • Tax Block *

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,901

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: 368
  • Directions: I-78 Exit 33, to North on Mt Airy Rd, to R on Valley Rd. to 1st R into Society Hill Entrance to R on Penns Way to #3680 on the Right
  • I D: 4941540
  • Modified: 2021-09-23
  • Number Images: 16
  • Section Subdiv Development: Society Hill
  • First Name: ALMA
  • First Name3: TERRI
  • Last Name: AGUAYO
  • Last Name3: GRANHOLM
  • Office Phone: 908-766-7500
  • Office Phone3: 908-685-0700
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Vinyl-Linoleum
  • Appliances: Range/Oven-Gas, Refrigerator, Washer, Dryer
  • Number Rooms: 4
  • Bedrooms: 2
  • Master Bedroom Desc: 1st Floor, Walk-In Closet
  • Bedroom 1 Level: Ground
  • Bedroom 2 Level: Ground
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Area: Pantry, Eat-In Kitchen
  • Kitchen Dim: 13x11
  • Kitchen Level: Ground
  • Living Room Dim: 17x13
  • Living Room Level: Ground
  • Other Room 1: Laundry Room
  • Other Room1 Level: Ground
  • Estimated Sq Ft: 957
  • Ground Level Rooms: Laundry Room, Utility Room, 2 Bedrooms, Living Room, Pantry, Bath Main, Kitchen
  • Phone: 908-766-7500

Exterior Features

  • Exterior Description: Brick, Vinyl Siding
  • Exterior Features: Patio, Tennis Courts
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Composition Shingle

Garage/Parking

  • Parking Driveway Description: Assigned, Blacktop

Utilities

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

Condo/Co-op/Association

  • Amenities: Club House, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 290
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Snow Removal, Trash Collection, Maintenance-Common Area

Fee Information

  • Other Fee Freqency: Annually

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: 130000
  • Assessed Land Value: 24900
  • Assessment: 154900
  • Easement: Unknown
  • Lot Identifier: 35.11
  • 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: 2901
  • Assessor Parcel Number: 2702-09203-0000-00035-0011-CONDO
  • Tax Rate Amount: 2.034
  • Tax Rate Year: 2019
  • Tax Year: 2019

MLS Schools

  • Grade School: LIBERTY C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2019
Closed on
Dec 2, 2019
Sold by
Defilippis Donna
Bought by
Mccormick Anne M
Seller's Agent
ALMA AGUAYO
WEICHERT REALTORS
Buyer's Agent
Terri Granholm
COLDWELL BANKER REALTY
List Price
$174,000
Sold Price
$160,000
Premium/Discount to List
-$14,000
-8.05%
Total Days on Market
10
Current Estimated Value
$270,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,136
Avg. Annual Appreciation
9.97%

Purchase Details

Closed on
Feb 8, 2002
Sold by
Keirstead Richard
Bought by
Defilippis Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,100
Interest Rate
7.14%

Purchase Details

Closed on
Aug 23, 1999
Sold by
Foley Joan
Bought by
Keirstead Richard and Alcantara Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
7.53%

Purchase Details

Closed on
Jul 26, 1996
Sold by
Wisniewski Edward
Bought by
Foley Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
8.27%
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
Mccormick Anne M $160,000 Old Republic Title Ins Co
Defilippis Donna $116,719 --
Keirstead Richard $105,000 --
Foley Joan $92,549 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Defilippis Donna $87,649
Previous Owner Defilippis Donna $72,100
Previous Owner Keirstead Richard $102,000
Previous Owner Foley Joan $88,000
Closed Mccormick Anne M $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2019 12/03/19 Sold $160,000 -8.0% $167 / Sq Ft
11/07/2019 11/07/19 Pending -- -- --
10/28/2019 10/28/19 For Sale $174,000 -- $182 / 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 $3,629 $204,000 $24,900 $179,100
2023 $3,753 $199,000 $24,900 $174,100
2022 $3,640 $181,000 $24,900 $156,100
2021 $3,402 $172,000 $24,900 $147,100
2020 $3,350 $160,000 $24,900 $135,100
2019 $3,151 $154,900 $24,900 $130,000
2018 $3,106 $154,900 $24,900 $130,000
2017 $3,242 $163,000 $24,900 $138,100
2016 $3,024 $155,000 $24,900 $130,100
2015 $2,970 $155,000 $24,900 $130,100
2014 $2,998 $155,000 $24,900 $130,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3597556

Garden State MLS

APN: 02-09203-0000-00035-11-CONDO