461 Penns Way Basking Ridge, NJ 07920
Estimated Value: $451,415 - $538,000
--
Bed
--
Bath
1,672
Sq Ft
$298/Sq Ft
Est. Value
About This Home
This home is located at 461 Penns Way, Basking Ridge, NJ 07920 and is currently estimated at $497,604, approximately $297 per square foot. 461 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 18, 1995
Sold by
Raue Rod
Bought by
Gavagan Michael and Gavagan Eileen
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Outstanding Balance
$2,527
Interest Rate
7.33%
Estimated Equity
$495,077
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gavagan Michael | $155,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gavagan Michael | $124,000 |
Source: Public Records
Tax History Compared to Growth
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 | $7,376 | $462,100 | $160,000 | $302,100 |
| 2024 | $7,376 | $414,600 | $129,000 | $285,600 |
| 2023 | $7,246 | $384,200 | $129,000 | $255,200 |
| 2022 | $7,270 | $361,500 | $129,000 | $232,500 |
| 2021 | $6,879 | $326,000 | $129,000 | $197,000 |
| 2020 | $6,665 | $318,300 | $129,000 | $189,300 |
| 2019 | $6,456 | $317,400 | $125,000 | $192,400 |
| 2018 | $6,364 | $317,400 | $125,000 | $192,400 |
| 2017 | $6,277 | $315,600 | $125,000 | $190,600 |
| 2016 | $6,120 | $313,700 | $125,000 | $188,700 |
| 2015 | $6,070 | $316,800 | $125,000 | $191,800 |
| 2014 | $6,127 | $316,800 | $125,000 | $191,800 |
Source: Public Records
Map
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