UNDER CONTRACT
Pending
$505,000
Est. $3,885/mo —
2
bd
•
2.5 ba
•
—
sq ft

283 Penns Way, Basking Ridge, NJ 07920-3040

map-entry

About this home

TownhomeProperty Type
1986Year Built
$400/moHOA Dues
2 spacesParking
Listed by KELLY ANN PETERPAUL • COLDWELL BANKER REALTY
Contact: 908-410-6777
Listing updated:
Redfin checked: 3 minutes ago
•Source:GSMLS #4050880
Listing provided courtesy of Garden State MLS (GSMLS)
13 days on Redfin • 2 views

Payment calculator

$3,885 per month

Principal and interest$2,825
Property taxes
HOA dues
Home insurance
Utilities
Down payment
20% ($101,000)
Home price
$505,000
Loan details
30-yr fixed, 7.5%
5 minutes to get started. No credit impact. 

Open houses

No upcoming open houses.

Around this home

Schools

Liberty Corner Elementary School

Public K-5 • Assigned • 1.3mi

9/10
William Annin Middle School

Public 6-8 • Assigned • 2.0mi

9/10
Ridge High School

Public 9-12 • Assigned • 3.0mi

7/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Market insights

283 Penns Way · $505,000
DAYS ON MARKET
13 days
The average home goes pending in 58 days.
SALE-TO-LIST
99.6%
Most homes are selling 0% below list price.
LIST PRICE
$505,000
Median sale price in this area is $382,152. (24% lower than this home)
PRICE DROP
0 price drops
20% of homes in this area have had a price drop in the past month.

Property details

Kitchen

Kitchen

Bathroom

Bathroom

Bedroom

Bedroom

Living

Living

  • Interior features
  • Blinds
  • Carbon monoxide detector
  • Smoke detector
  • Living room wood-burning fireplace
  • Bedrooms
  • Two bedrooms on the second floor (each approximately 15 x 12)
  • Master bedroom includes a full bath
  • Bathrooms
  • Two full bathrooms
  • One half bathroom
  • Master bath with stall shower
  • Kitchen
  • Kitchen on first level with pantry and separate dining area (approx. 12 x 10)
  • Dishwasher
  • Gas range/oven
  • Refrigerator
  • Kitchen exhaust fan
  • Laundry & utility
  • Washer
  • Dryer
  • Utility room
  • Gas water heater
  • Flooring
  • Carpeting
  • Tile
  • Heating & cooling
  • Heating served by electric and natural gas
  • Cooling present (single unit)

Sale and tax history for 283 Penns Way

Public record

Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Finished Sq. Ft.
1,400
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,400
Year built
1986
Style
Condo/Co-op
County
Somerset County
APN
0209203 00027 02 CONDO
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 17, 2026.

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 • 07920-3040
Average low and high temperatures (°F)
35
19
39
22
57
34
65
42
72
51
83
61
88
66
82
59
79
57
68
44
55
35
40
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

82/ 100

Very good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap

Redfin Estimate for 283 Penns Way

$514,614
$9,614 over list price of $505K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $440K to $592K.

More resources

Rental earnings

Est. $2,559 per month, based on comparable rentals

This home is pending

The seller has accepted an offer, and this property is now pending.

Have questions?

Basking Ridge Redfin  AgentAmira Elgoneimy

Basking Ridge Redfin Agent

Amira Elgoneimy typically replies in about 15 minutes

Text or call 908-202-9394
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GreatSchools Ratings provided by GreatSchools.org.