$272,000
SOLD OCT 7, 2019

373 Penns Way Basking Ridge, NJ 07920

2 Beds
2 Baths
-- Sq Ft
$290/mo HOA Fee

Recently Sold

6% Below List Price

77 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • Formal Dining Room
  • Liberty Corner Elementary School Rated A
  • Tennis Courts
  • Eat-In Kitchen

About This Home

As of June 2021

Beautiful Rare 2 BR 2 BATH Ground Floor End Unit condo with extended patio overlooking plush landscaping and large grass area. New Furnace & AC installed April 2019,new Water Heater & new Full-Size Washer and Dryer. Entering into this home you are welcomed with laminate flooring in an open-concept living room, dining room, kitchen and hallway. Living Room and Dining Room boasts elegant shadow box and crown molding, recessed lights, hard-wired surround sound, and sliding door opening to your private paving stone patio. Spacious Kitchen has granite counter tops, recessed and under-cabinet lighting, newer stove and microwave, pantry, and stainless steel sink. Master Bedroom features full remodeled bath, walk-in-closet, and crown molding. Second Bedroom has a large wall of closets.

Last Agent to Sell the Property

MARLENE BUCCAFUSCO

RE/MAX PREMIER Listed on: 06/24/2019

RE/MAX PREMIER

Last Buyer's Agent

VINOD VAID

DAVIS REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,725

Year Built

  • Built in 1986

HOA Fees

  • $290 Monthly HOA Fees

Home Design

  • Composition Shingle Roof
  • Wood Siding
  • Tile

Interior Spaces

  • 1-Story Property
  • Living Room
  • Formal Dining Room

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • 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

Overview

  • Association fees include snow removal, trash collection, maintenance-common area
  • $870 Other One-Time Fees

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Dogs Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,725

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: 373
  • Directions: Valley Rd to Society Hill entrance go to Penns Way on Right to #373 unit is ground floor downstairs in back
  • I D: 4909439
  • Modified: 2021-09-23
  • Number Images: 18
  • Section Subdiv Development: Society Hill
  • First Name: MARLENE
  • First Name3: VINOD
  • Last Name: BUCCAFUSCO
  • Last Name3: VAID
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Laminate, Tile
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Dryer, Microwave Oven
  • Interior Amenities: Walk-In Closet, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 5
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Ground
  • Bedroom 2 Level: Ground
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Dining Room Level: Ground
  • Dining Area: Formal Dining Room
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 10x10
  • Kitchen Level: Ground
  • Living Room Dim: 17x14
  • Living Room Level: Ground
  • Ground Level Rooms: Laundry Room, 2 Bedrooms, Living Room, Dining Room, Bath Main, Bath(s) Other, Kitchen
  • Phone: 908-754-1500

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

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

Fee Information

  • Other Fee Freqency: One Time
  • Other Fees: 870

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: 114800
  • Assessed Land Value: 123000
  • Assessment: 237800
  • Easement: Unknown
  • Lot Description: Open Lot
  • Lot Identifier: 35.16
  • Lot I D Tax: *

Rental Info

  • Application Fee: 250
  • Pets Allowed: DogsOK, Yes

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4725
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-09203-0000-00035-0016-CONDO
  • Tax Rate Amount: 2.005
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

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
77
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
7.56%
Original Mortgage
$248,000
Outstanding Balance
$227,446
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$186,541

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

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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 Type Sale Price Title Company
Deed $310,000 Residential Com Ttl Agcy Llc
Deed $272,000 Fidelity National Ttl Ins Co
Deed $242,000 --
Deed $155,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $248,000 New Conventional
Previous Owner $258,400 New Conventional
Previous Owner $184,500 New Conventional
Previous Owner $204,000 New Conventional
Previous Owner $217,800 No Value Available
Previous Owner $60,397 Credit Line Revolving
Previous Owner $110,000 No Value Available
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

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Map

Source: Garden State MLS

MLS Number: 3568278

Garden State MLS

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