NOT LISTED FOR SALE

418 Penns Way Basking Ridge, NJ 07920

Estimated Value: $515,000 - $576,295

3 Beds
2.5 Baths
1,396 Sq Ft
$315/mo HOA Fee

Last Sold October 03, 2022

Last sale price $450,000 $322 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,928/month

8 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Attic
  • Liberty Corner Elementary School Rated A
  • Wood Flooring
  • Tennis Courts

About This Home

As of October 2022

Move-in ready, beautifully updated and well-maintained 3-bed, 2.5-bath townhouse in desirable Society Hill. 1st floor offers a light and bright living/dining room with a wood-burning fireplace, a modern, updated kitchen w/ SS appliances, tile backsplash, range hood, coffee nook with built-in wine rack, and glass display cabinets. Adjacent to the kitchen is a sliding door leading to a private patio, overlooking a wooded backyard. Completing the 1st floor is a half bath and utility/laundry room. 2nd floor features the primary bedroom w/ en-suite bath, and 2 additional bedrooms - sharing a hall bath. Amenities include a pool, tennis courts, bocce court, clubhouse, playground, and jogging/walking path. Close to rts 78, 287, 202/206, NJ transit trains.Blue Ribbon schools. Exceptional opportunity not to be missed!

Last Agent to Sell the Property

Darlene Schror

REDFIN CORPORATION Listed on: 08/25/2022

REDFIN CORPORATION

Last Buyer's Agent

ROSEANN SERINA

BHHS FOX & ROACH

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,112

Year Built

  • Built in 1986

Lot Details

  • 741

HOA Fees

  • $315 Monthly HOA Fees

Home Design

  • Vinyl Siding
  • Tile

Interior Spaces

  • 1,396 Sq Ft Home
  • Wood Burning Fireplace
  • Blinds
  • Family Room with entrance to outdoor space
  • Living Room with Fireplace
  • Family or Dining Combination
  • Attic

Kitchen

  • Recirculated Exhaust Fan
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Powder Room
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Parking

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

Outdoor Features

  • Private Pool
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 2702-09203-0000-00041-0001-CONDO
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area, maintenance-exterior, snow removal
  • $945 Other One-Time Fees

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Jogging Path

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,112

Year Built

Built in 1986

Lot Details

0

HOA Fees

$315 per month

Listing Details

  • Style: Townhouse-End Unit, Multi Floor Unit, Townhouse-End Unit, Multi Floor Unit
  • Primary Style: Townhouse-End Unit, Townhouse-End Unit
  • Subproperty Type: Condo/Coop/Townhouse, Condo/Coop/Townhouse
  • Community Living: Yes, Yes
  • Year Built: 1986, 1986
  • Year Built Description: Approximate, Approximate
  • County Name: Somerset, Somerset
  • Exclusions: Personal Items, Personal Items
  • Street Number Display: 418, 418
  • Directions: Valley Rd to Spring Valley Blvd to Penns Way, Valley Rd to Spring Valley Blvd to Penns Way
  • I D: 5174262, 5174262
  • Modified: 2023-10-04, 2023-10-04
  • Number Images: 33, 33
  • Section Subdiv Development: Society Hill at Bernards II, Society Hill at Bernards II
  • First Name: DARLENE, DARLENE
  • First Name3: ROSEANN, ROSEANN
  • Last Name: SCHROR, SCHROR
  • Last Name3: SERINA, SERINA
  • Office Phone: 609-216-7035, 609-216-7035
  • Attribution Contact: null, null
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Tile, Wood, Carpeting, Tile, Wood
  • Fireplace Description: Living Room, Wood Burning, Living Room, Wood Burning
  • Number of Fireplaces: 1, 1
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Dryer, Kitchen Exhaust Fan, Refrigerator, Washer, Carbon Monoxide Detector, CookGas, Dishwasher, Dryer, Kitchen Exhaust Fan, Refrigerator, Washer
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, StallShw, TubShowr, Walk-In Closet, Blinds, Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, StallShw, TubShowr, Walk-In Closet
  • Number Rooms: 9, 9
  • Bedrooms: 3, 3
  • Master Bedroom Desc: Walk-In Closet, Walk-In Closet
  • Bedroom 1 Level: Second, Second
  • Bedroom 2 Level: Second, Second
  • Bedroom 3 Level: Second, Second
  • Primary Bathroom Features: Stall Shower, Stall Shower
  • Bathrooms: 2.10, 2.10
  • Full Bathrooms: 2, 2
  • Half Bathrooms: 1, 1
  • Dining Room Level: First, First
  • Dining Area: Living/Dining Combo, Living/Dining Combo
  • Kitchen Area: Not Eat-In Kitchen, Not Eat-In Kitchen
  • Kitchen Level: First, First
  • Living Room Level: First, First
  • Other Room 1: Bathroom, Bathroom
  • Other Room1 Level: First, First
  • Other Room 2: Bathroom, Bathroom
  • Other Room2 Level: Second, Second
  • Other Room 3: Bathroom, Bathroom
  • Other Room3 Level: Second, Second
  • Level 1 Rooms: Bath(s) Other, Kitchen, LivDinRm, OutEntrn, Powder Room, Bath(s) Other, Kitchen, LivDinRm, OutEntrn, Powder Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other, 3 Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: Attic, Attic
  • Estimated Sq Ft: 1396, 1396
  • Phone: 609-216-7035, 609-216-7035

Exterior Features

  • Exterior Description: Vinyl Siding, Vinyl Siding
  • Exterior Features: Patio, Patio
  • Pool: Yes, Yes
  • Pool Description: Association Pool, Association Pool
  • Roof Description: Asphalt Shingle, Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 1, 1
  • Parking Driveway Description: 1 Car Width, Additional Parking, Blacktop, Common, Driveway-Exclusive, 1 Car Width, Additional Parking, Blacktop, Common, Driveway-Exclusive

Utilities

  • Cooling: Central Air, Central Air
  • Fuel Type: Gas-Natural, Gas-Natural
  • Heating: 1 Unit, Forced Hot Air, 1 Unit, Forced Hot Air
  • Sewer: Public Sewer, Public Sewer
  • Utilities: All Underground, All Underground
  • Water: Public Water, Public Water

Condo/Co-op/Association

  • Amenities: Club House, Jogging/Biking Path, MulSport, Tennis Courts, Club House, Jogging/Biking Path, MulSport, Tennis Courts
  • Association Maintenance Fee: 315, 315
  • Association Maintenance Fee Frequency: Monthly, Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Maintenance-Common Area, Maintenance-Exterior, Snow Removal

Fee Information

  • Other Fee Freqency: One Time, One Time
  • Other Fees: 945, 945

Lot Info

  • Assessed Improvement Value: 268600, 268600
  • Assessed Land Value: 129000, 129000
  • Assessment: 397600, 397600
  • Easement: Unknown, Unknown
  • Lot Identifier: 41.01, 41.01
  • Lot I D Tax: *, *

Rental Info

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

Tax Info

  • Tax Acres: *, *
  • Assessed Improvement Value: *, *
  • Assessed Land Value: *, *
  • Total Tax Assessed: *, *
  • Streetname Tax: *, *
  • Street Number Tax: *, *
  • Tax Amount: 7112, 7112
  • Tax Amount Tax: *, *
  • Assessor Parcel Number: 2702-09203-0000-00041-0001-CONDO, 2702-09203-0000-00041-0001-CONDO
  • Assessor Parcel Number: *, *
  • Tax Rate Amount: 2.110, 2.110
  • Tax Rate Tax: *, *
  • Tax Rate Year: 2021, 2021
  • Tax Year Tax: *, *
  • Tax Year: 2021, 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2022
Closed on
Sep 28, 2022
Sold by
Russell Karin E
Bought by
Laverty Joseph and Laverty Mariam
Seller's Agent
Darlene Schror
REDFIN CORPORATION
Buyer's Agent
ROSEANN SERINA
BHHS FOX & ROACH
List Price
$409,900
Sold Price
$450,000
Premium/Discount to List
$40,100
9.78%
Current Estimated Value
$537,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,638
Avg. Annual Appreciation
6.55%
Original Mortgage
$350,000
Outstanding Balance
$336,327
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$203,247

Purchase Details

Closed on
Jun 26, 2002
Sold by
Mitchell Diane
Bought by
Russell Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,600
Interest Rate
6.82%

Purchase Details

Closed on
Mar 25, 1998
Sold by
Shapiro Michael B
Bought by
Mitchell Christopher and Mitchell Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.98%

Purchase Details

Closed on
Apr 30, 1995
Sold by
Redfield Charles
Bought by
Shapiro Michael and Silva Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
8.31%
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
Laverty Joseph $450,000 Trident Land Transfer
Russell Karen $264,000 --
Mitchell Christopher $167,000 --
Shapiro Michael $147,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laverty Joseph $37,062
Open Laverty Joseph $350,000
Previous Owner Russell Karin E $237,259
Previous Owner Russell Karin E $292,000
Previous Owner Russell Karin E $285,600
Previous Owner Russell Karin E $272,975
Previous Owner Russell Karin E $209,425
Previous Owner Russell Karen $237,600
Previous Owner Mitchell Christopher $150,000
Previous Owner Shapiro Michael $118,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2022 10/03/22 Sold $450,000 +9.8% $322 / Sq Ft
09/02/2022 09/02/22 Pending -- -- --
08/25/2022 08/25/22 For Sale $409,900 -- $294 / Sq Ft
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 $8,039 $451,900 $129,000 $322,900
2023 $8,097 $429,300 $129,000 $300,300
2022 $7,996 $397,600 $129,000 $268,600
2021 $7,113 $337,100 $129,000 $208,100
2020 $7,015 $335,000 $129,000 $206,000
2019 $6,781 $333,400 $125,000 $208,400
2018 $6,685 $333,400 $125,000 $208,400
2017 $6,550 $329,300 $125,000 $204,300
2016 $6,349 $325,400 $125,000 $200,400
2015 $6,028 $314,600 $125,000 $189,600
2014 $5,775 $298,600 $125,000 $173,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3804019

Garden State MLS

APN: 02-09203-0000-00041-01-CONDO