NOT LISTED FOR SALE

375 Penns Way Basking Ridge, NJ 07920

Estimated Value: $392,000 - $420,570

2 Beds
2 Baths
-- Sq Ft
$280/mo HOA Fee

Last Sold June 13, 2017

Last sale price $258,000

Est. 56% increase in value since last sale

Current estimated payment $2,866/month

37 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • L-Shaped Dining Room
  • Liberty Corner Elementary School Rated A
  • Deck
  • Tennis Courts

About This Home

As of June 2017

This rear unit offers privacy, natural views and ease of entry from the parking lot, as well as a designated parking spot and abundant parking for guests nearby. Easy commute to 287 or 78, as well as exceptional access to two train stations, Lyons or Millington make travel to NYC easy as well. This community also offers great amenities which include miles of pet-friendly walking/bicycle paths, a clubhouse, inground pool, tennis court, playground, bocce court, basketball and even a horse-shoe pit! So much to do in this great location near a charming town center with great schools. AMERICAN HOME SHIELD WARRANTY IS INCLUDED! Make this lovely home yours today.

Last Agent to Sell the Property

ANNE MARIE MCLAUGHLIN

COLDWELL BANKER REALTY Listed on: 03/29/2017

Last Buyer's Agent

CHRISTER HOLMQUIST

KELLER WILLIAMS METROPOLITAN

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,569

Year Built

  • Built in 1987

Lot Details

  • 566

HOA Fees

  • $280 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Clapboard
  • Tile

Interior Spaces

  • 1-Story Property
  • Thermal Windows
  • Living Room
  • L-Shaped Dining Room
  • Formal Dining Room

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Dishwasher
  • Trash Compactor

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Common or Shared Parking
  • Shared Driveway
  • Additional Parking
  • Assigned Parking

Outdoor Features

  • Private Pool
  • Deck

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
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-09203-0000-00035-0018-CONDO
  • Tax Block *

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Jogging Path

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,569

Year Built

Built in 1987

Lot Details

0

HOA Fees

$280 per month

Listing Details

  • Style: First Floor Unit, One Floor Unit
  • Primary Style: First Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1987
  • County Name: Somerset
  • Street Number Display: 375
  • Directions: Valley Rd to Spring Valley Blvd. Make 4th right onto Penns Way. 375 is on the right towards the end.
  • I D: 4700138
  • Modified: 2021-09-23
  • Number Images: 21
  • Section Subdiv Development: Society Hill
  • First Name: ANNE MARIE
  • First Name3: CHRISTER
  • Last Name: MCLAUGHLIN
  • Last Name3: HOLMQUIST
  • Office Phone: 280846
  • Office Phone3: 973-803-5405
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Laminate, Tile
  • Appliances: Trash Compactor, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Dryer
  • Number Rooms: 5
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Dining Room Level: First
  • Dining Area: Dining L
  • Kitchen Area: Breakfast Bar
  • Kitchen Dim: 10x10
  • Kitchen Level: First
  • Living Room Dim: 17x14
  • Living Room Level: First
  • Other Room 1: Laundry Room
  • Other Room1 Dim: 10x8
  • Other Room1 Level: First
  • Other Room 2: Bathroom
  • Other Room2 Dim: 10x8
  • Other Room2 Level: First
  • Other Room3 Dim: 10x8
  • Other Room3 Level: First
  • Level 1 Rooms: Bath(s) Other, 2 Bedrooms, Kitchen, Laundry Room, Dining Room, Living Room, Bath Main
  • Phone: 908-658-9000

Exterior Features

  • Exterior Description: Brick, Clapboard
  • Exterior Features: Deck, Thermal Windows/Doors
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 1
  • Parking Driveway Description: Additional Parking, Assigned, Common

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
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Playground, Club House, Pool-Outdoor, Jogging/Biking Path, Tennis Courts
  • Association Maintenance Fee: 280
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Snow Removal, Maintenance-Common Area

Fee Information

  • Other Fee Freqency: R
  • Other Fees: 440

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: 109200
  • Assessed Land Value: 125000
  • Assessment: 234200
  • Easement: Unknown
  • Lot Description: Backs to Park Land
  • Lot Identifier: 35.18
  • Lot I D Tax: *
  • Lot Size 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: 4569
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-09203-0000-00035-0018-CONDO
  • Tax Rate Amount: 1.951
  • Tax Rate Tax: *
  • Tax Rate Year: 2016
  • Tax Year Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: LIBERTY C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2014
Closed on
Jun 13, 2014
Sold by
Steinberg David and Connell Lisa
Bought by
Smith Adrian and Keller Christine M
Buyer's Agent
ANNE MARIE MCLAUGHLIN
COLDWELL BANKER REALTY
Sold Price
$261,000
Current Estimated Value
$401,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,893
Avg. Annual Appreciation
3.89%
Original Mortgage
$247,950
Outstanding Balance
$188,525
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$213,368

Purchase Details

Listed on
Sep 25, 2013
Closed on
Sep 24, 2013
Sold by
Twohig Seamus and Twohig Allison
Bought by
Steinberg David and Connell Lisa
Seller's Agent
JOHN C. TUNNY
WEICHERT REALTORS
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%
Original Mortgage
$212,500
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2004
Sold by
Mccarthy Dolores
Bought by
Twohig Seamus and Twohig Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.74%

Purchase Details

Closed on
Mar 23, 1999
Sold by
Mcdani8el David
Bought by
Mccarthy Dolores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.92%
Source: Public Records

Range of Values:

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Average Value
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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
Smith Adrian $261,000 Agent For Chicago Title Ins
Steinberg David $250,000 None Available
Twohig Seamus $259,000 --
Mccarthy Dolores $125,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Adrian $247,950
Previous Owner Steinberg David $212,500
Previous Owner Twohig Seamus $195,000
Previous Owner Mccarthy Dolores $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/13/2017 06/13/17 Sold $258,000 -2.3% --
05/05/2017 05/05/17 Pending -- -- --
03/29/2017 03/29/17 For Sale $264,000 +1.1% --
06/18/2014 06/18/14 Sold $261,000 +4.4% -- View Prior Sale
09/25/2013 09/25/13 Sold $250,000 -- -- View Prior Sale
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 $5,369 $351,200 $160,000 $191,200
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 $5,039 $238,800 $120,000 $118,800
2020 $5,019 $239,700 $120,000 $119,700
2019 $4,796 $235,800 $123,000 $112,800
2018 $4,690 $233,900 $125,000 $108,900
2017 $4,674 $235,000 $125,000 $110,000
2016 $4,569 $234,200 $125,000 $109,200
2015 $4,591 $239,600 $125,000 $114,600
2014 $4,495 $232,400 $125,000 $107,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3374926

Garden State MLS

APN: 02-09203-0000-00035-18-CONDO