NOT LISTED FOR SALE

373 Penns Way Basking Ridge, NJ 07920

Estimated Value: $399,000 - $427,000

2 Beds
2 Baths
-- Sq Ft
$300/mo HOA Fee

Last Sold June 21, 2021

Last sale price $310,000

Est. 34% increase in value since last sale

Current estimated payment $3,100/month

15 Days on Market

Highlights

  • Eat-In Kitchen
  • Patio
  • 1-Story Property
  • Liberty Corner Elementary School Rated A
  • Accessible Bedroom
  • Forced Air Heating and Cooling System

About This Home

As of June 2021

Beautiful 2 BR 2 BATH ground floor end unit in desirable Society Hill. New furnace and AC 2019, new water heater and brand new full size washer/dryer. Freshly painted open concept living room, dining room, kitchen, hallway with gorgeous wainscoting. Sliding door opens to beautiful private extended paving stone patio overlooking plush landscaping. Spacious kitchen with granite countertops and brand new stainless steel appliances. Master suite features full bath, large walk-in closet and crown molding. Spacious second BR with large closet space. Newly installed floors in both bedrooms. Will not last, must see!

Last Agent to Sell the Property

TERESA RIGA

NJ REALTY SYSTEMS LLC. Listed on: 04/26/2021

Last Buyer's Agent

TODD KOLLER

WEICHERT REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,182

Year Built

  • Built in 1986

Lot Details

  • 436

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Composition Shingle Roof
  • Wood Siding
  • Tile

Interior Spaces

  • 1-Story Property
  • Laminate Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Assigned Parking

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
  • Gas Water Heater

Additional Features

  • Accessible Bedroom
  • Patio

Listing and Financial Details

  • Assessor Parcel Number 2702-09203-0000-00035-0016-CONDO
  • Tax Block *

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,182

Year Built

Built in 1986

Lot Details

0

HOA Fees

$300 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: 373
  • Directions: Valley Rd to Society Hill entrance to Penns Way on right to #373 ground floor unit downstairs in back
  • I D: 5064881
  • Modified: 2022-06-22
  • Number Images: 10
  • First Name: TERESA
  • First Name3: TODD
  • Last Name: RIGA
  • Last Name3: KOLLER
  • Office Phone3: 908-526-5444
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Laminate, Tile
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer
  • Number Rooms: 5
  • Bedrooms: 2
  • Bedroom 1 Level: Ground
  • Bedroom 2 Level: Ground
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Dining Room Level: Ground
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 10x10
  • Kitchen Level: Ground
  • Living Room Dim: 17x14
  • Living Room Level: Ground
  • Phone: 800-455-2059

Exterior Features

  • Exterior Description: Wood
  • Exterior Features: Patio
  • Roof Description: Composition Shingle

Garage/Parking

  • Parking Driveway Description: 1 Car Width, 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
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Maintenance Fee: 300
  • Association Maintenance Fee Frequency: Monthly

Schools

  • Elementary School: LIBERTY C
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: common
  • Assessed Improvement Value: 127500
  • Assessed Land Value: 120000
  • Assessment: 247500
  • Easement: Unknown
  • Lot Description: Open Lot
  • Lot Identifier: 35.16
  • Lot I D Tax: *

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5182
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-09203-0000-00035-0016-CONDO
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.094
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: LIBERTY C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2021
Closed on
Jun 17, 2021
Sold by
Desousa Michelle
Bought by
Gencarelli Pasquale and Roth Allison Carol
Seller's Agent
TERESA RIGA
NJ REALTY SYSTEMS LLC.
Buyer's Agent
TODD KOLLER
WEICHERT REALTORS
List Price
$305,000
Sold Price
$310,000
Premium/Discount to List
$5,000
1.64%
Total Days on Market
15
Current Estimated Value
$413,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,987
Avg. Annual Appreciation
9.09%
Original Mortgage
$248,000
Outstanding Balance
$228,408
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$209,065

Purchase Details

Listed on
Jun 24, 2019
Closed on
Oct 10, 2019
Sold by
Hawk John A
Bought by
Desousa Michelle
Seller's Agent
MARLENE BUCCAFUSCO
RE/MAX PREMIER
Buyer's Agent
VINOD VAID
DAVIS REALTORS
List Price
$289,900
Sold Price
$272,000
Premium/Discount to List
-$17,900
-6.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.95%
Original Mortgage
$258,400
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2007
Sold by
Centrella Dianne T
Bought by
Hawk John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,800
Interest Rate
6.18%

Purchase Details

Closed on
Jun 28, 2000
Sold by
Parkes Susan
Bought by
Centrella Dianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
8.59%
Source: Public Records

Similar Homes in the area

  • 341 Penns Way Unit D2, Basking Ridge, NJ 07920

    $350,000

    • 2 Beds
    • 2 Baths
    • 341 Penns Way
    • Unit D2
    • Basking Ridge, NJ

    Welcome to Society Hill-Perfectly scaled open kitchen/living/dining rooms provide easy entertaining. Two 1st floor King Sized Bedrooms/2 Full Renovated Bathrooms w great closet space located at opposite ends of the unit ensuring privacy and personal space. This residential community includes a wide range of amenity packages, Washer/Dryer in Unit, Resident's Lounge Clubhouse, play area, Tennis,

    DIANE STATILE PROMINENT PROPERTIES SIR

    Section Image
  • 408 Penns Way, Basking Ridge, NJ 07920

    $499,900

    • 2 Beds
    • 2.5 Baths
    • 1,596 Sq Ft
    • 408 Penns Way
    • Basking Ridge, NJ

    Best location in Society Hill! Larger 300 model with private backyard abutting park land. Newer Kitchen with granite countertops, stylish backsplash and stainless steel appliances. En Suite bedrooms and laundry on second floor. Eat-in Kitchen with pantry and first floor powder room. Extra storage in patio area. This well maintained unit in a pet-friendly community is ready for you to move in

    JAMES MULVEY C-21 NEW BEGINNINGS

    Section Image
  • 417 Penns Way, Basking Ridge, NJ 07920

    $510,000

    • 2 Beds
    • 2.5 Baths
    • 417 Penns Way
    • Basking Ridge, NJ

    Just reduced. Nestled in the sought-after Society Hill, this bright & airy end-unit townhouse offers the perfect blend of comfort, convenience & community living. Step inside to a spacious living room featuring side window and sliding door that leads to a private patio, ideal for relaxing or entertaining. The first floor boasts smooth ceilings (popcorn removed) & a seamless flow between living

    ALMA AGUAYO WEICHERT REALTORS

    Section Image
  • 140 Woodward Ln, Basking Ridge, NJ 07920

    $375,000

    • 2 Beds
    • 2 Baths
    • 140 Woodward Ln
    • Basking Ridge, NJ

    Welcome to your dream condo! This spacious 2-bedroom, 2-bath home features an open floor plan filled with natural light, creating a warm and inviting atmosphere from the moment you walk in. The living area flows seamlessly into the dining and kitchen spaces. Enjoy easy indoor-outdoor living with sliding glass doors that open to your private patio and a lush, green lawn. Both bedrooms are

    Denise Murphy WEICHERT REALTORS

    Section Image
  • 31 Baldwin Ct Condo, Bernards Twp., NJ 07920

    $399,000

    • 2 Beds
    • 2 Baths
    • 31 Baldwin Ct Condo
    • Bernards Twp., NJ

    HIGHEST AND BEST DUE FRIDAY NOON !!!!! Just move in ! This newly renovated 2 bed, 2 full bath condo is conveniently located on the first floor which is nestled in the back of the community, offering a peaceful and private setting. Enjoy alfresco dinning on your deck, facing the tranquil wooded scenery. The primary bedroom features plenty of natural light and has an en suite full bath and large

    KELLY OLSEN KELLER WILLIAMS METROPOLITAN

    Section Image
  • 22 Baldwin Ct, Basking Ridge, NJ 07920

    $369,000

    • 2 Beds
    • 2 Baths
    • 1,181 Sq Ft
    • 22 Baldwin Ct
    • Basking Ridge, NJ

    Welcome to your dream condo! This beautifully maintained 2-bedroom, 2-bath home offers a spacious open floor plan bathed in natural light with two skylights, creating a warm and inviting atmosphere from the moment you step inside. The seamless flow between the living, dining, and kitchen areas makes it perfect for both everyday living and entertaining. Step through sliding glass doors to your

    JAMES ZIMA KL SOTHEBY'S INT'L. REALTY

    Section Image
  • 2705 Hemlock Place, Basking Ridge, NJ 07920

    $459,900

    • 2 Beds
    • 1.5 Baths
    • 2705 Hemlock Place
    • Basking Ridge, NJ

    Chef's Delight! The best of worlds are waiting for you in this updated condo. Kitchen presents elegantly upgraded with GRANITE COUNTERTOPS and extra cabinet spaces. Spacious and bright living room is a good place for gatherings. It is located in a PRIVATE WOODED AREA. Gleaming hardwood floors and the elegant formal dining room offer the warmth of a Home Sweet Home. Even more, bathrooms are all

    June Fulton COLDWELL BANKER REALTY

    Section Image
  • 140 Alexandria Way, Basking Ridge, NJ 07920

    $399,500

    • 2 Beds
    • 2 Baths
    • 140 Alexandria Way
    • Basking Ridge, NJ

    Spacious and bright 2-bedroom, 2 bath Essex model located on the second floor, featuring soaring ceilings with skylights, a cozy fireplace, and a generous private deck ideal for relaxing or entertaining. This well-located end unit includes a one-car garage and a large storage room for added convenience. Enjoy access to community amenities such as an outdoor pool, tennis courts, and a clubhouse.

    Denise Murphy WEICHERT REALTORS

    Section Image
  • 117 Alexandria Way, Basking Ridge, NJ 07920

    $389,000

    • 1 Bed
    • 1 Bath
    • 117 Alexandria Way
    • Basking Ridge, NJ

    Welcome to Spring Ridge! This sought-after community offers a clubhouse, tennis courts, pool, and playground conveniently located near top-rated schools, downtown, parks, NYC train, and Routes 78 & 287. This move-in ready FULLY RENOVATED 1st-floor condo features an eat-in kitchen, spacious living room with a wood burning fireplace and balcony, dining area, large bedroom with dual closets, full

    massimo chirichiello SIGNATURE REALTY NJ

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gencarelli Pasquale $310,000 Residential Com Ttl Agcy Llc
Desousa Michelle $272,000 Fidelity National Ttl Ins Co
Hawk John A $242,000 --
Centrella Dianne $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gencarelli Pasquale $248,000
Previous Owner Desousa Michelle $258,400
Previous Owner Hawk John A $184,500
Previous Owner Hawk John A $204,000
Previous Owner Hawk John A $217,800
Previous Owner Centrella Dianne T $60,397
Previous Owner Centrella Dianne $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2021 06/21/21 Sold $310,000 +1.6% --
05/14/2021 05/14/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $305,000 +12.1% --
10/07/2019 10/07/19 Sold $272,000 -6.2% --
09/09/2019 09/09/19 Pending -- -- --
06/24/2019 06/24/19 For Sale $289,900 -- --
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 $5,716 $321,300 $129,000 $192,300
2023 $5,658 $300,000 $129,000 $171,000
2022 $5,508 $273,900 $129,000 $144,900
2021 $5,183 $252,500 $120,000 $132,500
2020 $5,183 $247,500 $120,000 $127,500
2019 $4,837 $237,800 $123,000 $114,800
2018 $4,726 $235,700 $125,000 $110,700
2017 $4,660 $234,300 $125,000 $109,300
2016 $4,610 $236,300 $125,000 $111,300
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: 3707587

Garden State MLS

APN: 02-09203-0000-00035-16-CONDO