Google street view image for 24 Penwood Rd, Basking Ridge, NJ 07920

Off market apr 1992 for $345K

$1,300,614

Est. refi paymentEst. refi $1,444/mo

—

•

— ba

•

2,698

sq ft

24 Penwood Rd, Basking Ridge, NJ 07920

About this home

24 Penwood Rd is a 2,698 square foot house on a 1.06 acre lot. - it last sold on April 08, 1992 for $345,000. Based on Redfin's Basking Ridge data, we estimate the home's value is $1,300,614.

Single-familyProperty Type

1963Year Built

1.06 acresLot Size

$482Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$1,300,614

$956K since sold in April 1992$18K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 7.6% higher than the average sale price ($1.21M) of 6 comparable homes.

SOLD JUL 7, 2026
12 Rocky Ln, Basking Ridge, NJ 07920-1512
$1,150,000
A
4 beds3 baths— sq ft
12 Rocky Ln, Basking Ridge, NJ 07920-1512
SOLD AUG 31, 2026
$1,525,000
B
4 beds3.5 baths— sq ft
30 Autumn Dr, Basking Ridge, NJ 07920-2114
SOLD SEP 10, 2026
$1,300,000
C
4 beds2.5 baths— sq ft
1265 Mount Airy Rd, Basking Ridge, NJ 07920-2459
SOLD JUL 30, 2026
$1,400,000
D
6 beds2.5 baths— sq ft
15 Wedgewood Dr, Basking Ridge, NJ 07920-2658
SOLD JUL 14, 2026
132 Goltra Dr, Basking Ridge, NJ 07920-2449
$655,000
E
4 beds2 baths— sq ft
132 Goltra Dr, Basking Ridge, NJ 07920-2449
SOLD JUL 24, 2026
$1,225,000
F
4 beds4 baths— sq ft
36 Coppergate Dr, Basking Ridge, NJ 07920-2233

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Earn from this home

Sell

$1,223,874

Est. take-home

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Refinance

Est. cash available

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Market trends in 07920, NJ

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

103.6%

1.4% MoM

Median sale price

$900K

$3K MoM

Avg. days on market

21d

5 days MoM

Recently sold homes

6 MoM

New listings for sale

$880,000
3 beds2.5 baths— sq ft
251 Patriot Hill Dr, Basking Ridge, NJ 07920-4213
$839,000
3 beds2.5 baths— sq ft
26 Mayflower Dr, Basking Ridge, NJ 07920-3803
$815,000
3 beds2.5 baths— sq ft
2 Charleston Ct, Basking Ridge, NJ 07920-3813
$450,000
2 beds2 baths— sq ft
286 Potomac Dr, Basking Ridge, NJ 07920-3164
$669,000
3 beds2.5 baths— sq ft
167 N Finley Ave, Basking Ridge, NJ 07920-1632
$749,000
3 beds1.5 baths— sq ft
305 S Maple Ave, Basking Ridge, NJ 07920-1316
$2,250,000
6 beds5.5 baths— sq ft
14 Paddock Ct, Basking Ridge, NJ 07920-2232
$1,290,000
4 beds2.5 baths— sq ft
8 Stacy Ln, Basking Ridge, NJ 07920-2025
$750,000
4 beds2.5 baths— sq ft
236 Lurline Dr, Basking Ridge, NJ 07920-2624
OPEN SAT, 1PM TO 4PM
$1,400,000
3 beds3.5 baths3,195 sq ft
22 Benedict Cres, Basking Ridge, NJ 07920-4916
See all

Provided by Redfin

Sale history for 24 Penwood Rd

Year

Property tax

Land + Additions

Assessment*

2025

$18,737 (+19.3%)

$424,400 + $802,700

$1,227,100

2024

$15,707 (+6.0%)

$405,000 + $705,000

$1,110,000

2023

$14,811 (−5.0%)

$366,200 + $516,700

$882,900

2022

$15,583 (+2.0%)

$366,200 + $419,100

$785,300

2021

$15,279 (+1.4%)

$381,200 + $393,700

$774,900

2020

$15,071 (+8.1%)

$371,200 + $352,900

$724,100

2019

$13,939 (+0.7%)

$371,200 + $348,500

$719,700

2018

$13,847 (−0.6%)

$381,800 + $303,500

$685,300

2017

$13,933 (+5.2%)

$387,100 + $303,500

$690,600

2016

$13,245 (+2.3%)

$392,100 + $308,400

$700,500

2014

$12,946 (+1.0%)

$392,100 + $282,600

$674,700

2013

$12,816 (+5.7%)

$392,100 + $277,300

$669,400

2011

$12,128 (+3.1%)

$392,100 + $244,100

$636,200

2010

$11,767 (+4.2%)

$397,100 + $247,300

$644,400

2009

$11,295

$397,100 + $246,600

$643,700

Tax history for 24 Penwood Rd

Year

Property tax

Land + Additions

Assessment*

2025

$18,737 (+19.3%)

$424,400 + $802,700

$1,227,100

2024

$15,707 (+6.0%)

$405,000 + $705,000

$1,110,000

2023

$14,811 (−5.0%)

$366,200 + $516,700

$882,900

2022

$15,583 (+2.0%)

$366,200 + $419,100

$785,300

2021

$15,279 (+1.4%)

$381,200 + $393,700

$774,900

2020

$15,071 (+8.1%)

$371,200 + $352,900

$724,100

2019

$13,939 (+0.7%)

$371,200 + $348,500

$719,700

2018

$13,847 (−0.6%)

$381,800 + $303,500

$685,300

2017

$13,933 (+5.2%)

$387,100 + $303,500

$690,600

2016

$13,245 (+2.3%)

$392,100 + $308,400

$700,500

2014

$12,946 (+1.0%)

$392,100 + $282,600

$674,700

2013

$12,816 (+5.7%)

$392,100 + $277,300

$669,400

2011

$12,128 (+3.1%)

$392,100 + $244,100

$636,200

2010

$11,767 (+4.2%)

$397,100 + $247,300

$644,400

2009

$11,295

$397,100 + $246,600

$643,700

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Property details

Interior

Room Information
# of Rooms: 8

Exterior

Exterior Information
Building Style Type: Colonial
Construction Type: Frame
Exterior Wall: Frame

Property Information
Living Sq. Ft: 2,698
# of Stories: 2

Parking & Garage Information
# of Parking Spaces: 2
Parking Type: Attached Garage
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 46,174
Legal Lot Number: 11
Legal Block Number: 6704
Acres: 1.06
Zoning Code: R4
State Use Description: RESIDENTIAL

Financial

Assessor Information
Assessment Year: 2026
Tax District County: BERNARDS TWP

Public facts

Beds: —
Baths: —
Sq. Ft.: 2,698
Stories: 2.0
Lot Size: 1.06 acres
Style: Single Family Residential
Year Built: 1963
Year Renovated: —
County: Somerset County
APN: 0206704 00011

Home facts updated by county records on Sep 17, 2026

Around this home

Schools

Liberty Corner Elementary School

Public K-5 • Assigned • 1.0mi

9/10

William Annin Middle School

Public 6-8 • Assigned • 0.7mi

9/10

Ridge High School

Public 9-12 • Assigned • 1.8mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 100° expected this year, 15 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Basking Ridge, NJ • 07920

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.6 hours in June and 4.1 hours in December, placing it below the U.S. average for solar exposure.

8.6 hrs

4.1 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.24M – $1.50M

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Nearby similar homes

$419,800

2 beds1 bath1,000 sq ft

15 Potomac Dr, Basking Ridge, NJ 07920-3189

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2 beds2.5 baths— sq ft

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4 beds5.5 baths6,000 sq ft

180 Roundtop Rd, Bernardsville, NJ 07924-2105

$2,250,000

6 beds5.5 baths— sq ft

14 Paddock Ct, Basking Ridge, NJ 07920-2232

$1,100,000

5 beds2 baths— sq ft

67 Queen Anne Dr, Basking Ridge, NJ 07920-2317

New listings for sale in 07920-4213

$880,000

3 beds2.5 baths— sq ft

251 Patriot Hill Dr, Basking Ridge, NJ 07920-4213

$839,000

3 beds2.5 baths— sq ft

26 Mayflower Dr, Basking Ridge, NJ 07920-3803

$815,000

3 beds2.5 baths— sq ft

2 Charleston Ct, Basking Ridge, NJ 07920-3813

$450,000

2 beds2 baths— sq ft

286 Potomac Dr, Basking Ridge, NJ 07920-3164

$669,000

3 beds2.5 baths— sq ft

167 N Finley Ave, Basking Ridge, NJ 07920-1632

$749,000

3 beds1.5 baths— sq ft

305 S Maple Ave, Basking Ridge, NJ 07920-1316

$2,250,000

6 beds5.5 baths— sq ft

14 Paddock Ct, Basking Ridge, NJ 07920-2232

$1,290,000

4 beds2.5 baths— sq ft

8 Stacy Ln, Basking Ridge, NJ 07920-2025

$750,000

4 beds2.5 baths— sq ft

236 Lurline Dr, Basking Ridge, NJ 07920-2624

Home values near 24 Penwood Rd

Data from public records.

Address	Redfin Estimate
49 Penwood Rd, Basking Ridge, NJ - Beds \| - Baths \| 2455 Sq. Ft.	$1,214,893
29 Penwood Rd, Basking Ridge, NJ 4 Beds \| 2.5 Baths \| - Sq. Ft.	$1,407,444

Address	Redfin Estimate
55 Penwood Rd, Basking Ridge, NJ 4 Beds \| 2.5 Baths \| - Sq. Ft.	$1,305,459
35 Penwood Rd, Basking Ridge, NJ - Beds \| - Baths \| 2927 Sq. Ft.	$1,263,386

Address	Redfin Estimate
43 Penwood Rd, Basking Ridge, NJ 5 Beds \| 3.5 Baths \| - Sq. Ft.	$1,544,019
19 Penwood Rd, Basking Ridge, NJ - Beds \| - Baths \| 2765 Sq. Ft.	$1,228,415

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 07920, NJ

Sale history for 24 Penwood Rd

Tax history for 24 Penwood Rd

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 07920-4213

Home values near 24 Penwood Rd

More real estate resources