NOT LISTED FOR SALE

405 Penns Way Basking Ridge, NJ 07920

Estimated Value: $473,332 - $511,000

2 Beds
2.5 Baths
-- Sq Ft
$295/mo HOA Fee

Last Sold October 15, 2019

Last sale price $335,000

Est. 48% increase in value since last sale

Current estimated payment $3,602/month

8 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Wooded Lot
  • Liberty Corner Elementary School Rated A
  • Deck
  • Tennis Courts

About This Home

As of October 2019

Location, Location!! Renovated 2 bedroom townhome with granite counters, Stainless steel appliances, Breakfast bar in the kitchen, open floor plan with Living/Dining combo and wood burning fireplace, Anderson sliders to deck, gas hookup on deck with perfect yard for privacy, backing to woods with large storage closet. Freshly painted, all windows replaced, Wood laminate flooring on 1st level and brand new carpet on 2nd floor, New washer and Dryer (2018), Hot water heater (2017), Air conditioner (2019), renovated bathrooms, closet with organizer in bedroom. Great amenities in the development including pool, clubhouse, tennis courts and tot lot. Close to Shops, NJ transits, buses, highways 78 & 287 plus blue ribbon school district.

Last Agent to Sell the Property

VIJAYALAKHMI VENKATESH

WEICHERT REALTORS Listed on: 08/19/2019

Last Buyer's Agent

CATHERINE FRATES

BHHS FOX & ROACH

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,670

Year Renovated

  • 2019

Lot Details

  • Wooded Lot

HOA Fees

  • $295 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Tile

Interior Spaces

  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Dryer

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Powder Room

Home Security

Parking

  • 1 Parking Space
  • 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
  • Underground Utilities
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 2702-09203-0000-00039-0004-CONDO
  • Tax Block *

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,670

Year Renovated

2019

Lot Details

0

HOA Fees

$295 per month

Listing Details

  • Style: Townhouse-Interior, Multi Floor Unit
  • Primary Style: Townhouse-Interior
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built Description: Approximate
  • County Name: Somerset
  • Renovated Year: 2019
  • Street Number Display: 405
  • Directions: Valley Rd to Society Hill entrance (Spring Valley Blvd) to right on Penns Way
  • I D: 4924126
  • Modified: 2021-09-23
  • Number Images: 21
  • Section Subdiv Development: Society Hill
  • First Name: VIJAYALAKHMI
  • First Name3: CATHERINE
  • Last Name: VENKATESH
  • Last Name3: FRATES
  • Office Phone3: 908-580-5000
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Renovated: 2019

Interior Features

  • Flooring: Carpeting, Laminate, Tile
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Gas, Refrigerator, Dishwasher, Dryer, Microwave Oven
  • Interior Amenities: Fire Extinguisher, Carbon Monoxide Detector, Smoke Detector
  • Number Rooms: 5
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Primary Bathroom Features: Stall Shower And Tub
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Dining Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 11x10
  • Kitchen Level: First
  • Living Room Dim: 12x14
  • Living Room Level: First
  • Level 1 Rooms: Living Room, Dining Room, Powder Room, Kitchen
  • Level 2 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other
  • Phone: 908-766-7500

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Deck, Sidewalk
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 1
  • Parking Driveway Description: Assigned

Utilities

  • Cooling: Central Air
  • Fuel Type: Electric, Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water

Condo/Co-op/Association

  • Amenities: Club House, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 295
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Snow Removal, Trash Collection, Maintenance-Common Area

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: 165300
  • Assessed Land Value: 125000
  • Assessment: 290300
  • Easement: Unknown
  • Lot Description: Wooded Lot
  • Lot Identifier: 39.4
  • Lot I D Tax: *

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5670
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-09203-0000-00039-0004-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
Aug 19, 2019
Closed on
Oct 8, 2019
Sold by
Penkalo Andrew
Bought by
Sexton Gary and Sexton Mary Anne
Seller's Agent
VIJAYALAKHMI VENKATESH
WEICHERT REALTORS
Buyer's Agent
CATHERINE FRATES
BHHS FOX & ROACH
List Price
$335,000
Sold Price
$335,000
Current Estimated Value
$497,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,333
Avg. Annual Appreciation
6.78%
Original Mortgage
$268,000
Outstanding Balance
$236,900
Interest Rate
3.4%
Estimated Equity
$254,933

Purchase Details

Closed on
May 4, 1995
Sold by
Mitchell Jeff
Bought by
Penkalo Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
8.36%
Source: Public Records

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
Sexton Gary $335,000 None Available
Penkalo Andrew $126,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sexton Gary $268,000
Previous Owner Andrew $150,000
Previous Owner Penkalo Andrew $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2019 10/15/19 Sold $335,000 0.0% --
08/27/2019 08/27/19 Pending -- -- --
08/19/2019 08/19/19 For Sale $335,000 -- --
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 $7,169 $403,000 $129,000 $274,000
2023 $6,905 $366,100 $129,000 $237,100
2022 $7,028 $349,500 $129,000 $220,500
2021 $6,657 $315,500 $129,000 $186,500
2020 $6,485 $309,700 $129,000 $180,700
2019 $5,905 $290,300 $125,000 $165,300
2018 $5,670 $282,800 $125,000 $157,800
2017 $5,571 $280,100 $125,000 $155,100
2016 $5,439 $278,800 $125,000 $153,800
2015 $5,194 $271,100 $125,000 $146,100
2014 $5,133 $265,400 $125,000 $140,400
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2019

    VIJAYALAKHMI VENKATESH

    WEICHERT REALTORS

  • C

    Buyer's Agent in 2019

    CATHERINE FRATES

    BHHS FOX & ROACH

See All Agents

Map

Source: Garden State MLS

MLS Number: 3581437

Garden State MLS

APN: 02-09203-0000-00039-04-CONDO

New Jersey Somerset County Basking Ridge 07920

405 Penns Way, Basking Ridge, NJ

This home is located at 405 Penns Way, Basking Ridge, NJ 07920 since 19 August 2019 and is currently estimated at $497,333. 405 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes