271 Penns Way
Bernards Twp, NJ 07920
2 bd 3 ba 1,596 sqft Built 1986 condos
Most recent sale
$470,000
Feb 14, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 16, 2024 | Listing removed | — | GardenState |
| Feb 14, 2024 | Sold | $470,000 | GardenState |
| Jan 8, 2024 | Listed | $425,000 | GardenState |
| Aug 22, 2013 | Sold | $287,500 | Public Record |
| Jul 2, 2013 | Listing removed | $292,500 | GardenState |
| Jun 14, 2013 | Listed | $292,500 | GardenState |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $287,600 | $160,000 | $447,600 | $7,555 |
| 2024 | $287,600 | $160,000 | $447,600 | $7,142 |
| 2023 | $251,500 | $129,000 | $380,500 | $7,176 |
| 2022 | $231,400 | $129,000 | $360,400 | $7,247 |
| 2021 | $171,500 | $129,000 | $300,500 | $6,340 |
| 2020 | $161,200 | $129,000 | $290,200 | $6,076 |
| 2019 | $160,700 | $125,000 | $285,700 | $5,811 |
| 2018 | $152,900 | $125,000 | $277,900 | $5,571 |
| 2017 | $149,600 | $125,000 | $274,600 | $5,461 |
| 2016 | $140,900 | $125,000 | $265,900 | $5,187 |
| 2015 | $134,200 | $125,000 | $259,200 | $4,966 |
| 2014 | $137,500 | $125,000 | $262,500 | $5,076 |
| 2013 | $127,700 | $125,000 | $252,700 | $4,935 |
| 2012 | $128,800 | $125,000 | $253,800 | $4,926 |
| 2011 | $150,400 | $125,000 | $275,400 | $5,183 |
| 2009 | $158,900 | $125,000 | $283,900 | $4,758 |
| 2008 | $168,000 | $135,000 | $303,000 | $4,732 |
| 2007 | $171,800 | $140,000 | $311,800 | $4,770 |
Property facts
Year built
1986
Property type
condos
Stories
—
Beds
2
Baths
3
Living area
1,596 sqft
Lot size
—
ZIP code
07920
City
Bernards Twp
Street
Penns Way
Coordinates
40.65322, -74.56647
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,394
Gross rental yield
6.11%
Implied cap rate
3.97%
Trend-extrapolated value
—
Frequently asked questions
When did 271 Penns Way last sell?
271 Penns Way most recently sold on Feb 14, 2024 for $470,000.
What is the current tax assessment for 271 Penns Way?
The most recent total assessment for 271 Penns Way (year 2025) is $447,600 with $7,555 in property tax.
How does 271 Penns Way's assessment compare to its last sale price?
The current assessment is 4.8% below the last sale price of $470,000.
When was 271 Penns Way built?
271 Penns Way was built in 1986.
How does 271 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 271 Penns Way?
271 Penns Way is a 2 bed, 3 bath, 1,596 sqft condos.
Is 271 Penns Way a flip candidate?
No — 271 Penns Way does not appear in our flips dataset.
Is 271 Penns Way a tax-appeal candidate?
No — 271 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