254 Penns Way
Bernards Twp, NJ 07920
2 bd 3 ba 1,400 sqft Built 1986 condos
Most recent sale
$375,000
Jun 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 23, 2026 | Sold | $500,000 | GardenState |
| Feb 4, 2026 | Listed | $495,000 | GardenState |
| Jun 17, 2022 | Sold | $375,000 | MLS #3777792 |
| Apr 26, 2022 | Listed | $359,000 | MLS #3777792 |
| Aug 3, 2004 | Sold | $290,000 | Public Record |
| Jun 7, 2001 | Sold | $205,000 | Public Record |
| Aug 5, 1998 | Sold | $134,500 | Public Record |
| Nov 21, 1995 | Sold | $129,500 | Public Record |
| Feb 2, 1987 | Sold | $119,023 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $278,100 | $160,000 | $438,100 | $7,395 |
| 2024 | $278,100 | $160,000 | $438,100 | $6,884 |
| 2023 | $223,200 | $129,000 | $352,200 | $6,642 |
| 2022 | $196,000 | $129,000 | $325,000 | $6,535 |
| 2021 | $177,400 | $129,000 | $306,400 | $6,465 |
| 2020 | $180,200 | $129,000 | $309,200 | $6,474 |
| 2019 | $174,400 | $125,000 | $299,400 | $6,089 |
| 2018 | $166,500 | $125,000 | $291,500 | $5,844 |
| 2017 | $163,100 | $125,000 | $288,100 | $5,730 |
| 2016 | $162,600 | $125,000 | $287,600 | $5,611 |
| 2015 | $143,000 | $125,000 | $268,000 | $5,134 |
| 2014 | $137,400 | $125,000 | $262,400 | $5,074 |
| 2013 | $137,400 | $125,000 | $262,400 | $5,124 |
| 2012 | $138,400 | $125,000 | $263,400 | $5,112 |
| 2011 | $144,700 | $125,000 | $269,700 | $5,075 |
| 2010 | $144,500 | $125,000 | $269,500 | $4,926 |
| 2009 | $148,600 | $125,000 | $273,600 | $4,585 |
| 2008 | $157,300 | $135,000 | $292,300 | $4,565 |
| 2007 | $160,900 | $140,000 | $300,900 | $4,603 |
Property facts
Year built
1986
Property type
condos
Stories
—
Beds
2
Baths
3
Living area
1,400 sqft
Lot size
—
ZIP code
07920
City
Bernards Twp
Street
Penns Way
Coordinates
40.65385, -74.56634
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,100
Gross rental yield
6.72%
Implied cap rate
4.37%
Trend-extrapolated value
—
Frequently asked questions
When did 254 Penns Way last sell?
254 Penns Way most recently sold on Jun 17, 2022 for $375,000.
What is the current tax assessment for 254 Penns Way?
The most recent total assessment for 254 Penns Way (year 2025) is $438,100 with $7,395 in property tax.
How does 254 Penns Way's assessment compare to its last sale price?
The current assessment is 16.8% above the last sale price of $375,000.
When was 254 Penns Way built?
254 Penns Way was built in 1986.
How does 254 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 254 Penns Way?
254 Penns Way is a 2 bed, 3 bath, 1,400 sqft condos.
Is 254 Penns Way a flip candidate?
No — 254 Penns Way does not appear in our flips dataset.
Is 254 Penns Way a tax-appeal candidate?
No — 254 Penns Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.5%
Implied 1-yr
+14.0%
2026 Q3
$1.51M
2026 Q4
$1.55M
ZIP 07920 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Penns Way