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418 Penns Way

Bernards Twp, NJ 07920

3 bd 3 ba 1,396 sqft Built 1986 townhomes
Most recent sale
$450,000
Oct 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 17, 2022 Sold $450,000 Public Record
Oct 3, 2022 Sold $450,000 MLS #3804019
Aug 25, 2022 Listed $409,900 MLS #3804019
Jul 3, 2002 Sold $264,000 Public Record
Apr 13, 1998 Sold $167,000 Public Record
May 11, 1995 Sold $147,750 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $337,500 $160,000 $497,500 $8,397
2024 $337,500 $160,000 $497,500 $8,039
2023 $300,300 $129,000 $429,300 $8,096
2022 $268,600 $129,000 $397,600 $7,995
2021 $208,100 $129,000 $337,100 $7,113
2020 $206,000 $129,000 $335,000 $7,015
2019 $208,400 $125,000 $333,400 $6,781
2018 $208,400 $125,000 $333,400 $6,685
2017 $204,300 $125,000 $329,300 $6,550
2016 $200,400 $125,000 $325,400 $6,349
2015 $189,600 $125,000 $314,600 $6,028
2014 $173,600 $125,000 $298,600 $5,775
2013 $173,600 $125,000 $298,600 $5,832
2012 $165,500 $125,000 $290,500 $5,639
2011 $181,800 $125,000 $306,800 $5,774
2010 $181,500 $125,000 $306,500 $5,603
2009 $192,800 $125,000 $317,800 $5,326
2008 $204,000 $135,000 $339,000 $5,295
2007 $203,700 $140,000 $343,700 $5,258

Property facts

Year built
1986
Property type
townhomes
Stories
Beds
3
Baths
3
Living area
1,396 sqft
Lot size
ZIP code
07920
City
Bernards Twp
Street
Penns Way
Coordinates
40.65208, -74.56309

Comparable properties nearby

Block-level micro-comps

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

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,094
Gross rental yield
5.58%
Implied cap rate
3.63%
Trend-extrapolated value

Frequently asked questions

When did 418 Penns Way last sell?
418 Penns Way most recently sold on Oct 17, 2022 for $450,000.
What is the current tax assessment for 418 Penns Way?
The most recent total assessment for 418 Penns Way (year 2025) is $497,500 with $8,397 in property tax.
How does 418 Penns Way's assessment compare to its last sale price?
The current assessment is 10.6% above the last sale price of $450,000.
When was 418 Penns Way built?
418 Penns Way was built in 1986.
How does 418 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 418 Penns Way?
418 Penns Way is a 3 bed, 3 bath, 1,396 sqft townhomes.
Is 418 Penns Way a flip candidate?
No — 418 Penns Way does not appear in our flips dataset.
Is 418 Penns Way a tax-appeal candidate?
No — 418 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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