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349 Penns Way

Basking Ridge, NJ 07920

1,181 sqft Built 1986 Lot 580 sqft condo
Most recent sale
$370,000
Nov 16, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 26, 2024 Listing removed $2,625 GardenState
Oct 10, 2024 Listed for rent $2,625 GardenState
Sep 1, 2024 Listed for rent $2,800 GardenState
Dec 2, 2023 Listing removed $2,550 GardenState
Nov 16, 2023 Sold $370,000 Public Record
Oct 6, 2023 Listed for rent $2,550 GardenState
Oct 2, 2023 Sold $370,000 GardenState
Jul 19, 2023 Listed $320,000 GardenState
May 20, 2002 Sold $205,000 Public Record
Apr 8, 2002 Sold $194,000 Public Record
Jul 8, 1999 Sold $144,900 Public Record
Mar 9, 1989 Sold $150,000 Public Record
Mar 6, 1987 Sold $114,239 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $234,700 $160,000 $394,700 $6,662
2024 $234,700 $160,000 $394,700 $6,064
2023 $174,700 $129,000 $303,700 $5,727
2022 $146,800 $129,000 $275,800 $5,546
2021 $121,400 $120,000 $241,400 $5,093
2020 $122,300 $120,000 $242,300 $5,073
2019 $115,800 $123,000 $238,800 $4,857
2018 $111,800 $125,000 $236,800 $4,747
2017 $112,600 $125,000 $237,600 $4,725
2016 $112,100 $125,000 $237,100 $4,625
2015 $109,700 $125,000 $234,700 $4,496
2014 $104,100 $125,000 $229,100 $4,430
2013 $87,400 $125,000 $212,400 $4,148
2012 $88,700 $125,000 $213,700 $4,147
2011 $102,600 $125,000 $227,600 $4,283
2009 $108,600 $125,000 $233,600 $3,915
2008 $114,900 $135,000 $249,900 $3,903
2007 $107,700 $140,000 $247,700 $3,789

Property facts

Year built
1986
Property type
condo
Stories
Beds
Baths
Living area
1,181 sqft
Lot size
580 sqft
ZIP code
07920
City
Basking Ridge
Street
Penns Way
Coordinates
40.65159, -74.56497

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Frequently asked questions

When did 349 Penns Way last sell?
349 Penns Way most recently sold on Nov 16, 2023 for $370,000.
What is the current tax assessment for 349 Penns Way?
The most recent total assessment for 349 Penns Way (year 2025) is $394,700 with $6,662 in property tax.
How does 349 Penns Way's assessment compare to its last sale price?
The current assessment is 6.7% above the last sale price of $370,000.
When was 349 Penns Way built?
349 Penns Way was built in 1986.
How does 349 Penns Way compare to others on Penns Way?
We track 8 other properties on Penns Way. Browse the list under "Other properties on Penns Way" to compare beds, baths, and sale history.
What are the property facts for 349 Penns Way?
349 Penns Way is a 1,181 sqft, 580 sqft lot condo.
Is 349 Penns Way a flip candidate?
No — 349 Penns Way does not appear in our flips dataset.
Is 349 Penns Way a tax-appeal candidate?
No — 349 Penns Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.5%
Implied 1-yr
+14.0%
2026 Q3
$1.51M
2026 Q4
$1.55M
ZIP 07920 — Median Price History + Forecast

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