NOT LISTED FOR SALE

440 Penns Way Basking Ridge, NJ 07920

Estimated Value: $501,853 - $534,000

2 Beds
2.5 Baths
-- Sq Ft
$300/mo HOA Fee

Last Sold July 13, 2021

Last sale price $385,000

Est. 34% increase in value since last sale

Current estimated payment $3,640/month

6 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Sun or Florida Room
  • Liberty Corner Elementary School Rated A
  • Wood Flooring
  • Tennis Courts

About This Home

As of July 2021

Move-in ready 2 Br 2.5 Bath Largest Model in Desirable Society Hill. This townhome features gleaming Brazilian wood flooring, spacious LR/DR with brick fireplace and double sliding doors to a private patio backing to woods. Two generously sized bedrooms upstairs each with full bathroom and ample closet space. Assigned parking spot and additional shared parking. The community amenities include outdoor pool, clubhouse, playground, tennis courts, walking paths. Great Schools. Great location for NYC commuters and proximity to major highways and shopping.

Last Agent to Sell the Property

Maria Tsabrova

REWARDS REALTY LLC Listed on: 04/20/2021

Last Buyer's Agent

Kunho 'John' Lee

EXP REALTY, LLC

EXP REALTY, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,818

Year Built

  • Built in 1986

Lot Details

  • 784

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Siding
  • Composite Building Materials
  • Tile

Interior Spaces

  • Wood Burning Fireplace
  • Blinds
  • Living Room with Fireplace
  • Formal Dining Room
  • Sun or Florida Room
  • Front Basement Entry

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Additional Parking
  • Assigned Parking

Outdoor Features

  • Private Pool
  • Patio

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 2702-09203-0000-00043-0007-CONDO
  • Tax Block *

Community Details

Overview

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

Recreation

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

Pet Policy

  • Pets Allowed

Additional Features

  • Clubhouse
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,818

Year Built

Built in 1986

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Style: Townhouse-Interior, Multi Floor Unit
  • Primary Style: Townhouse-Interior
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1986
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 440
  • Directions: Google Maps
  • I D: 5064204
  • Modified: 2022-07-14
  • Number Images: 18
  • Section Subdiv Development: Society Hill
  • First Name: MARIA
  • First Name3: KUNHO
  • Last Name: TSABROVA
  • Last Name3: LEE
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Blinds, Carbon Monoxide Detector, StallShw, Walk-In Closet
  • Number Rooms: 6
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Den Level: Second
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 10x12
  • Kitchen Level: First
  • Living Room Dim: 12x21
  • Living Room Level: First
  • Other Room 1: Sunroom
  • Other Room1 Dim: 8x14
  • Other Room1 Level: First
  • Level 1 Rooms: Dining Room, Entrance Vestibule, Kitchen, LivDinRm, Powder Room, Sunroom
  • Level 2 Rooms: 2 Bedrooms, Bath(s) Other
  • Phone: 908-323-3878

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Amenities: Club House, Jogging/Biking Path, Playground, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 300
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Trash Collection

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: 196600
  • Assessed Land Value: 129000
  • Assessment: 325600
  • Lot Description: Backs to Park Land
  • Lot Identifier: 43.07
  • Lot I D 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: 6818
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-09203-0000-00043-0007-CONDO
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.094
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: LIBERTY C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2021
Closed on
Jul 7, 2021
Sold by
Zunin Karen
Bought by
Goffredo Mary
Seller's Agent
Maria Tsabrova
REWARDS REALTY LLC
Buyer's Agent
Kunho 'John' Lee
EXP REALTY, LLC
List Price
$375,000
Sold Price
$385,000
Premium/Discount to List
$10,000
2.67%
Total Days on Market
6
Current Estimated Value
$515,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,963
Avg. Annual Appreciation
7.62%
Original Mortgage
$135,000
Outstanding Balance
$88,895
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$422,962

Purchase Details

Closed on
Dec 29, 2011
Sold by
Pereira Jorge E and Pereira Blanca H
Bought by
Zunin Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
4%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 13, 1997
Sold by
Drechsler Anita
Bought by
Pereira Jorge and Pereira Blanca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.68%

Purchase Details

Closed on
Dec 12, 1995
Sold by
Desousa Paul
Bought by
Drechsler Anita
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 Buyer Sale Price Title Company
Goffredo Mary $385,000 Stewart Title Guaranty Co
Zunin Karen $277,000 None Available
Pereira Jorge $155,000 --
Drechsler Anita $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goffredo Mary $135,000
Previous Owner Zunin Karen $177,000
Previous Owner Pereira Jorge $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2021 07/13/21 Sold $385,000 +2.7% --
05/01/2021 05/01/21 Pending -- -- --
04/24/2021 04/24/21 For Sale $375,000 -- --
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 $7,216 $405,600 $129,000 $276,600
2023 $6,874 $364,500 $129,000 $235,500
2022 $6,952 $345,700 $129,000 $216,700
2021 $6,553 $327,200 $129,000 $198,200
2020 $6,818 $325,600 $129,000 $196,600
2019 $6,511 $320,100 $125,000 $195,100
2018 $6,228 $310,600 $125,000 $185,600
2017 $6,007 $302,000 $125,000 $177,000
2016 $5,793 $296,900 $125,000 $171,900
2015 $5,346 $279,000 $125,000 $154,000
2014 $5,469 $282,800 $125,000 $157,800
Source: Public Records

Agents Affiliated with this Home

  • Maria Tsabrova

    Seller's Agent in 2021

    Maria Tsabrova

    REWARDS REALTY LLC

    (862) 262-5869

    108 Total Sales

    Maria Tsabrova
    Section Image
  • Kunho 'John' Lee

    Buyer's Agent in 2021

    Kunho 'John' Lee

    EXP REALTY, LLC

    (862) 812-9004

    64 Total Sales

    Kunho 'John' Lee
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3706099

Garden State MLS

APN: 02-09203-0000-00043-07-CONDO

New Jersey Somerset County Basking Ridge 07920

440 Penns Way, Basking Ridge, NJ

This home is located at 440 Penns Way, Basking Ridge, NJ 07920 since 20 April 2021 and is currently estimated at $515,963. This property was built in 1986. 440 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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