265 Penns Way, Basking Ridge, NJ 07920 is a townhome home that contains 1,400 sq ft and was built in 1987. It contains 2 bedrooms and 2.5 bathrooms. This home last sold for $450,000 in February 2025.
The Zestimate for this house is $471,100. The Rent Zestimate for this home is $2,959/mo.
Sold for $450,000
$450,000
265 Penns Way, Basking Ridge, NJ 07920
2beds
2baths
1,400sqft
Townhouse
Built in 1987
-- sqft lot
$471,100 Zestimate®
$321/sqft
$2,959 Estimated rent
Home value
$471,100
$429,000 - $513,000
$2,959/mo
Zestimate® history
Owner options
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$2,959/mo
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$3,475/mo
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List your homeWhat's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2.5
Heating
- Forced air, Gas
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Washer
- Laundry: In Unit
Features
- Flooring: Tile
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,400 sqft
Property
Parking
- Parking features: None
Features
- Exterior features: Vinyl
Lot
- Features: Residential Area
Details
- Parcel number: 020920300000002806CONDO
Construction
Type & style
- Home type: Townhouse
Materials
- Roof: Asphalt
Condition
- Year built: 1987
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $290 monthly
Location
- Region: Basking Ridge
Financial & listing details
- Price per square foot: $321/sqft
- Tax assessed value: $477,300
- Annual tax amount: $8,491
Price history
| Date | Event | Price |
|---|---|---|
| 2/21/2025 | Sold | $450,000+4.7%$321/sqft |
Source: Public Record Report a problem | ||
| 4/17/2024 | Listing removed | -- |
Source:  GSMLS #3888301 Report a problem | ||
| 2/29/2024 | Listed for rent | $3,000$2/sqft |
Source: GSMLS #3888301 Report a problem | ||
| 7/24/2023 | Listing removed | -- |
Source: GSMLS #3855365 Report a problem | ||
| 7/20/2023 | Listed for rent | $3,000$2/sqft |
Source: GSMLS #3855365 Report a problem | ||
| 7/19/2023 | Sold | $430,000-2.1%$307/sqft |
Source:  GSMLS #3849715 Report a problem | ||
| 7/7/2023 | Pending sale | $439,000$314/sqft |
Source: GSMLS #3849715 Report a problem | ||
| 6/16/2023 | Listed for sale | $439,000+42.1%$314/sqft |
Source: GSMLS #3849715 Report a problem | ||
| 5/24/2016 | Sold | $308,880-3.8%$221/sqft |
Source: GSMLS #3285670 Report a problem | ||
| 3/1/2016 | Listed for sale | $321,000+3.9%$229/sqft |
Source: CENTURY 21 Real Estate Group #3285670 Report a problem | ||
| 4/30/2010 | Sold | $309,000-3.4%$221/sqft |
Source: Public Record Report a problem | ||
| 1/23/2010 | Listed for sale | $320,000+9.6%$229/sqft |
Source: iseemedia #2739483 Report a problem | ||
| 9/9/2004 | Sold | $292,000+43.1%$209/sqft |
Source: Public Record Report a problem | ||
| 4/5/2001 | Sold | $204,000+60%$146/sqft |
Source: Public Record Report a problem | ||
| 10/25/1994 | Sold | $127,500$91/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,491 +12.4% | $477,300 +12.4% |
| 2024 | $7,555 +16.8% | $424,700 +23.8% |
| 2023 | $6,471 +1.5% | $343,100 +4.8% |
| 2022 | $6,374 | $327,300 +8.3% |
| 2021 | -- | $302,100 -0.2% |
| 2020 | $6,031 +4.2% | $302,600 +2.1% |
| 2019 | $5,788 | $296,500 +2.7% |
| 2018 | $5,788 +39.8% | $288,700 +2.4% |
| 2017 | $4,142 -20.1% | $282,000 +2.8% |
| 2016 | $5,181 +1.2% | $274,200 +1.4% |
| 2015 | $5,117 -1% | $270,400 +2.2% |
| 2014 | $5,168 +0.2% | $264,600 |
| 2013 | $5,155 +0.7% | $264,600 -0.4% |
| 2012 | $5,119 +3.7% | $265,600 -2.4% |
| 2011 | $4,936 +7.5% | $272,000 +0.7% |
| 2010 | $4,592 +0.5% | $270,000 -1.5% |
| 2009 | $4,570 | $274,000 -6.4% |
| 2008 | -- | $292,600 -2.9% |
| 2007 | -- | $301,200 -7.7% |
| 2006 | -- | $326,200 +13.2% |
| 2005 | -- | $288,200 +26.4% |
| 2004 | $3,876 | $228,000 |
| 2003 | -- | $228,000 +16.6% |
| 2002 | -- | $195,600 +9.4% |
| 2001 | -- | $178,800 |
Find assessor info on the county website
Neighborhood: 07920
Nearby homes
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Nearby schools
GreatSchools rating
- 9/10Liberty Corner Elementary SchoolGrades: K-5Distance: 1.3 mi
- 9/10William Annin Middle SchoolGrades: 6-8Distance: 2 mi
- 7/10Ridge High SchoolGrades: 9-12Distance: 3 mi
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Estimated market value
$471,100
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Estimated market value
$471,100
- New Jersey
- Somerset County
- Basking Ridge
- 07920
- 265 Penns Way
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