56 Pennington Ave Basking Ridge, NJ 07920
Estimated Value: $1,130,000 - $1,559,000
Studio
--
Bath
3,393
Sq Ft
$387/Sq Ft
Est. Value
About This Home
This home is located at 56 Pennington Ave, Basking Ridge, NJ 07920 and is currently estimated at $1,314,779, approximately $387 per square foot. 56 Pennington Ave is a home located in Somerset County with nearby schools including Oak Street Elementary School, William Annin Middle School, and Ridge High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 10, 2011
Sold by
Farnham Justin Craig and Farnham Sandra Pennino
Bought by
Feng Xin and Jia Peiying
Current Estimated Value
Purchase Details
Closed on
Dec 24, 2009
Sold by
Farnham Roy A and Farnham Justine E
Bought by
Farnham Justin Craig and Farnham Sandra Pennino
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.85%
Mortgage Type
Future Advance Clause Open End Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Feng Xin | $559,000 | None Available | |
| Farnham Justin Craig | $103,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Farnham Justin Craig | $280,000 |
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 | $15,132 | $995,000 | $320,500 | $674,500 |
| 2024 | $15,132 | $850,600 | $283,800 | $566,800 |
| 2023 | $14,328 | $759,700 | $283,800 | $475,900 |
| 2022 | $14,602 | $726,100 | $283,800 | $442,300 |
| 2021 | $14,876 | $705,000 | $269,600 | $435,400 |
| 2020 | $14,539 | $694,300 | $268,100 | $426,200 |
| 2019 | $14,134 | $694,900 | $239,900 | $455,000 |
| 2018 | $13,899 | $693,200 | $242,700 | $450,500 |
| 2017 | $13,728 | $690,200 | $238,400 | $451,800 |
| 2016 | $13,655 | $699,900 | $238,400 | $461,500 |
| 2015 | $13,169 | $687,300 | $228,700 | $458,600 |
| 2014 | $13,192 | $682,100 | $228,700 | $453,400 |
Source: Public Records
Map
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