387 Penns Way
Bernards Twp, NJ 07920
2 bd 3 ba Built 1986 condos
Most recent sale
$407,000
Nov 30, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 8, 2024 | Listing removed | $3,150 | GardenState |
| Feb 14, 2024 | Listed for rent | $3,150 | GardenState |
| Nov 30, 2023 | Sold | $407,000 | Public Record |
| Nov 20, 2023 | Sold | $407,000 | GardenState |
| Sep 22, 2023 | Listed | $389,000 | GardenState |
| Dec 27, 2016 | Sold | $309,900 | Public Record |
| Oct 5, 2016 | Listing removed | $309,900 | GardenState |
| Aug 27, 2016 | Listed | $309,900 | GardenState |
| Apr 29, 1987 | Sold | $118,034 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $313,900 | $160,000 | $473,900 | $7,999 |
| 2024 | $313,900 | $160,000 | $473,900 | $7,502 |
| 2023 | $212,100 | $129,000 | $341,100 | $6,433 |
| 2022 | $197,200 | $129,000 | $326,200 | $6,559 |
| 2021 | $169,300 | $129,000 | $298,300 | $6,294 |
| 2020 | $168,800 | $129,000 | $297,800 | $6,235 |
| 2019 | $171,700 | $125,000 | $296,700 | $6,034 |
| 2018 | $163,900 | $125,000 | $288,900 | $5,792 |
| 2017 | $152,800 | $125,000 | $277,800 | $5,525 |
| 2016 | $147,100 | $125,000 | $272,100 | $5,308 |
| 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 | $149,900 | $125,000 | $274,900 | $5,173 |
| 2009 | $153,900 | $125,000 | $278,900 | $4,674 |
| 2008 | $163,000 | $135,000 | $298,000 | $4,654 |
| 2007 | $160,900 | $140,000 | $300,900 | $4,603 |
Property facts
Year built
1986
Property type
condos
Stories
—
Beds
2
Baths
3
Living area
—
Lot size
—
ZIP code
07920
City
Bernards Twp
Street
Penns Way
Coordinates
40.65131, -74.56211
Frequently asked questions
When did 387 Penns Way last sell?
387 Penns Way most recently sold on Nov 30, 2023 for $407,000.
What is the current tax assessment for 387 Penns Way?
The most recent total assessment for 387 Penns Way (year 2025) is $473,900 with $7,999 in property tax.
How does 387 Penns Way's assessment compare to its last sale price?
The current assessment is 16.4% above the last sale price of $407,000.
When was 387 Penns Way built?
387 Penns Way was built in 1986.
How does 387 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 387 Penns Way?
387 Penns Way is a 2 bed, 3 bath condos.
Is 387 Penns Way a flip candidate?
No — 387 Penns Way does not appear in our flips dataset.
Is 387 Penns Way a tax-appeal candidate?
Yes — 387 Penns Way appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
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