NOT LISTED FOR SALE

449 Penns Way Unit 36H Basking Ridge, NJ 07920

Estimated Value: $490,000 - $527,040

2 Beds
3 Baths
-- Sq Ft
915 Sq Ft Lot

Last Sold July 17, 2023

Last sale price $450,000

Est. 12% increase in value since last sale

Current estimated payment $3,285/month

7 Days on Market

About This Home

As of July 2023

This home is located at 449 Penns Way Unit 36H, Basking Ridge, NJ 07920 since 18 May 2023 and is currently estimated at $502,260. This property was built in 1986. 449 Penns Way Unit 36H is a home located in Somerset County with nearby schools including Liberty Corner Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

MARIAN KINGSTON

COMPASS NEW JERSEY LLC Brokerage Phone: 201-627-4947 Listed on: 05/18/2023

COMPASS NEW JERSEY LLC

Last Buyer's Agent

WENJUN ZHAO

GARDEN HOME REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,680

Year Built

  • Built in 1986

Lot Details

  • 915

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,680

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Year Built: 1986
  • County Name: Somerset
  • I D: 5221787
  • Attribution Contact: 201-627-4947
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 2.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2017
Closed on
Apr 2, 2018
Sold by
Gong Xingfei and Ma Shushu
Bought by
Murphy Kenneth C and Malley Jacquelyn M O
Seller's Agent
Siu Wong
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
Thomas Feury
REALTY EXECUTIVES EXCEPTIONAL
List Price
$345,000
Sold Price
$312,000
Premium/Discount to List
-$33,000
-9.57%
Current Estimated Value
$502,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,260
Avg. Annual Appreciation
6.40%
Original Mortgage
$292,000
Outstanding Balance
$250,881
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$251,379

Purchase Details

Listed on
Oct 10, 2014
Closed on
Oct 1, 2014
Sold by
Ryan Glenn R
Bought by
Gong Xingfei and Ma Shushu
Seller's Agent
ROSEANN SERINA
BHHS FOX & ROACH
Buyer's Agent
Siu Wong
KL SOTHEBY'S INT'L. REALTY
Sold Price
$299,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.14%

Purchase Details

Closed on
Apr 20, 2007
Sold by
Field Kevin and Field Jennifer
Bought by
Ryan Glenn R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 4, 2001
Sold by
Field Mary
Bought by
Field Kevin and Field Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Interest Rate
7.64%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
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
Murphy Kenneth C $312,000 Acres Land Title Agency Llc
Gong Xingfei $299,900 Westcor Land Title Ins Co
Ryan Glenn R $335,000 Mid State Abstract Company
Field Kevin $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Kenneth C $292,000
Previous Owner Ryan Glenn R $85,000
Previous Owner Field Kevin $118,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/17/2023 07/17/23 Sold $450,000 +7.1% --
05/25/2023 05/25/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $420,000 +34.6% --
04/02/2018 04/02/18 Sold $312,000 -9.6% -- View Prior Sale
02/23/2018 02/23/18 Pending -- -- --
09/23/2017 09/23/17 For Sale $345,000 +15.0% --
10/10/2014 10/10/14 Sold $299,900 -- -- 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 $7,680 $480,400 $160,000 $320,400
2024 $7,680 $431,700 $129,000 $302,700
2023 $6,967 $369,400 $129,000 $240,400
2022 $7,043 $350,200 $129,000 $221,200
2021 $6,659 $315,600 $129,000 $186,600
2020 $6,341 $302,800 $129,000 $173,800
2019 $6,106 $300,200 $125,000 $175,200
2018 $5,963 $297,400 $125,000 $172,400
2017 $5,689 $286,000 $125,000 $161,000
2016 $5,443 $279,000 $125,000 $154,000
2015 $5,183 $270,500 $125,000 $145,500
2014 $5,197 $268,700 $125,000 $143,700
Source: Public Records

Agents Affiliated with this Home

  • MARIAN KINGSTON

    Seller's Agent in 2023

    MARIAN KINGSTON

    COMPASS NEW JERSEY LLC

    (908) 208-4079

    1 in this area

    44 Total Sales

    MARIAN KINGSTON
    Section Image

  • W

    Buyer's Agent in 2023

    WENJUN ZHAO

    GARDEN HOME REALTY

  • Siu Wong

    Seller's Agent in 2018

    Siu Wong

    KL SOTHEBY'S INT'L. REALTY

    (908) 581-9593

    30 in this area

    248 Total Sales

    Siu Wong
    Section Image
  • Thomas Feury

    Buyer's Agent in 2018

    Thomas Feury

    REALTY EXECUTIVES EXCEPTIONAL

    (973) 849-7901

    1 Total Sale

    Thomas Feury
    Section Image

  • R

    Seller's Agent in 2014

    ROSEANN SERINA

    BHHS FOX & ROACH

See All Agents

Map

Source: Garden State MLS

MLS Number: 3844572

Garden State MLS

APN: 02-09203-0000-00048-08-CONDO

New Jersey Somerset County Basking Ridge 07920

449 Penns Way Unit 36H, Basking Ridge, NJ

Not Listed for Sale

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