NOT LISTED FOR SALE

383 Penns Way Basking Ridge, NJ 07920

Estimated Value: $521,000 - $572,000

3 Beds
2.5 Baths
1,488 Sq Ft
$365/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $349,000 $235 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,526/month

36 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Tennis Courts
  • Liberty Corner Elementary School Rated A
  • Attic
  • Formal Dining Room

About This Home

As of August 2020

Just Bring Your Toothbrush... This Bright, Clean & Freshly Painted Townhouse Awaits You! Eat-In Kitchen w/Pantry - Formal Dining Room & Sunken Living Room w/Slider to Patio (2 Storage Closets) - 3 Generously Sized Bedrooms w/Convenient 2nd Floor Laundry (dryer as is) - Pool & Tennis - Priced To Sell - Quick Closing Okay!

Last Agent to Sell the Property

Jonathan Kessler

KUKER & KESSLER REAL ESTATE Listed on: 06/26/2020

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,380

Year Built

  • Built in 1986

Lot Details

  • Sprinkler System

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,488 Sq Ft Home
  • 2-Story Property
  • Insulated Windows
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Attic

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Parking

  • Open Parking
  • Assigned Parking

Outdoor Features

  • Private Pool
  • Patio

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Gas Water Heater

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include insurance, sewer, trash, ground maintenance
  • Society Hill Subdivision

Recreation

  • Tennis Courts

Additional Features

  • Clubhouse
  • Maintenance Expense $300

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,380

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Ownership: Condominium
  • Subdivision Name: Society Hill
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1986
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Bedroom/Bathroom Features: Stall Shower
  • Dining Room Features: Formal Dining Room
  • Master Bedroom Features: Full Bath
  • Room Bedroom3 Area: 110
  • Room Kitchen Features: Pantry, Eat-in Kitchen, Separate Dining Area
  • Room Bedroom2 Area: 121
  • Room Living Room Area: 252
  • Room Kitchen Area: 130
  • Master Bedroom Master Bedroom Width: 12
  • Room Master Bedroom Area: 216
  • Room Dining Room Area: 170
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Refrigerator, Washer, Gas Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Entrance Foyer, Kitchen, Living Room, Dining Room, Powder Room, 3 Bedrooms, Bath Main, Bath Other, Attic
  • Living Area: 1488
  • Stories: 2
  • Window Features: Insulated Windows

Exterior Features

  • Lot Features: See Remarks
  • Pool Features: Outdoor Pool
  • Exterior Features: Lawn Sprinklers
  • Patio And Porch Features: Patio
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Open, Assigned

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Tennis Court(s), Sidewalks
  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Sewer, Trash, Maintenance Grounds

Lot Info

  • Zoning: R5

Multi Family

  • Maintenance Expense: 300

Tax Info

  • Tax Annual Amount: 4380
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2020
Closed on
Aug 31, 2020
Sold by
Castellane Dino
Bought by
Malinov Michelle
Seller's Agent
Jonathan Kessler
KUKER & KESSLER REAL ESTATE
List Price
$349,000
Sold Price
$349,000
Current Estimated Value
$526,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,214
Avg. Annual Appreciation
8.61%
Original Mortgage
$279,200
Outstanding Balance
$250,011
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$275,268
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
Malinov Michelle $349,000 Title Trust Llc
Malinov Michelle $349,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malinov Michelle $279,200
Closed Malinov Michelle $279,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $349,000 0.0% $235 / Sq Ft
08/01/2020 08/01/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $349,000 -- $235 / Sq Ft
Source: All Jersey 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 $7,737 $434,900 $129,000 $305,900
2023 $7,585 $402,200 $129,000 $273,200
2022 $7,598 $377,800 $129,000 $248,800
2021 $6,703 $317,700 $129,000 $188,700
2020 $6,156 $294,000 $129,000 $165,000
2019 $5,939 $292,000 $125,000 $167,000
2018 $5,855 $292,000 $125,000 $167,000
2017 $5,895 $296,400 $125,000 $171,400
2016 $5,664 $290,300 $125,000 $165,300
2015 $5,689 $296,900 $125,000 $171,900
2014 $5,742 $296,900 $125,000 $171,900
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Kessler

    Seller's Agent in 2020

    Jonathan Kessler

    KUKER & KESSLER REAL ESTATE

    (732) 672-4699

    1 in this area

    131 Total Sales

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Map

Source: All Jersey MLS

MLS Number: 2018686

All Jersey MLS

APN: 02-09203-0000-00040-06-CONDO

New Jersey Somerset County Basking Ridge 07920

383 Penns Way, Basking Ridge, NJ

This home is located at 383 Penns Way, Basking Ridge, NJ 07920 since 26 June 2020 and is currently estimated at $542,863, approximately $364 per square foot. This property was built in 1986. 383 Penns Way is a home located in Somerset County with nearby schools including Liberty Corner Elementary School, William Annin Middle School, and Ridge High School.

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