NOT LISTED FOR SALE

10 Colonial Dr Basking Ridge, NJ 07920

Estimated Value: $1,611,000 - $1,774,000

5 Beds
4 Baths
2,204 Sq Ft
$772/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $1,500,000 $681 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $10,923/month

10 Days on Market

About This Home

As of March 2023

This home is located at 10 Colonial Dr, Basking Ridge, NJ 07920 since 12 January 2023 and is currently estimated at $1,701,045, approximately $771 per square foot. This property was built in 1960. 10 Colonial Dr is a home located in Somerset County with nearby schools including Oak Street Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

JAMES ZIMA

KL SOTHEBY'S INT'L. REALTY Brokerage Phone: 908-696-8600 Listed on: 01/12/2023

Last Buyer's Agent

MICHELLE PAIS

SIGNATURE REALTY NJ

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,753

Year Built

  • Built in 1960

Lot Details

  • 0.72 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,753

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Year Built: 1960
  • County Name: Somerset
  • Street Number Display: 10
  • I D: 5198034
  • Modified: 2024-04-01
  • Number Images: 1
  • Attribution Contact: 908-696-8600
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.10

Lot Info

  • Lot Size: .72AC
  • Total Acres: 0.72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2023
Closed on
Mar 24, 2023
Sold by
Pascarella Louis and Pascarella Julie
Bought by
Hodgkins Andrew F and Hodgkins Lindsay N
Seller's Agent
JAMES ZIMA
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
MICHELLE PAIS
SIGNATURE REALTY NJ
List Price
$1,350,000
Sold Price
$1,500,000
Premium/Discount to List
$150,000
11.11%
Total Days on Market
10
Views
68
Current Estimated Value
$1,701,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,045
Avg. Annual Appreciation
2.29%
Original Mortgage
$1,160,000
Outstanding Balance
$1,122,581
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$452,797

Purchase Details

Closed on
May 2, 2005
Sold by
Collins Neil V
Bought by
Pascarella Louis and Pascarella Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$473,000
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hodgkins Andrew F $1,500,000 Noble Title
Pascarella Louis $823,000 --
Pascarella Louis $823,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hodgkins Andrew F $1,160,000
Previous Owner Pascarella Louis $485,000
Previous Owner Pascarella Louis $575,000
Previous Owner Pascarella Louis $600,000
Previous Owner Pascarella Louis $60,000
Previous Owner Pascarella Louis $200,000
Previous Owner Pascarella Louis $417,000
Previous Owner Pascarella Louis $224,000
Previous Owner Pascarella Louis $473,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $1,500,000 +11.1% $681 / Sq Ft
01/24/2023 01/24/23 Pending -- -- --
01/13/2023 01/13/23 For Sale $1,350,000 -- $613 / Sq Ft
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $22,753 $1,279,000 $389,400 $889,600
2023 $21,259 $1,127,200 $389,400 $737,800
2022 $18,913 $940,500 $379,400 $561,100
2021 $17,785 $842,900 $379,400 $463,500
2020 $17,141 $818,600 $379,400 $439,200
2019 $16,854 $828,600 $390,200 $438,400
2018 $16,483 $822,100 $386,600 $435,500
2017 $16,916 $850,500 $386,600 $463,900
2016 $16,386 $839,900 $386,600 $453,300
2015 $16,434 $857,700 $398,800 $458,900
2014 $15,383 $795,400 $398,800 $396,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    JAMES ZIMA

    KL SOTHEBY'S INT'L. REALTY

  • M

    Buyer's Agent in 2023

    MICHELLE PAIS

    SIGNATURE REALTY NJ

See All Agents

Map

Source: Garden State MLS

MLS Number: 3824120

Garden State MLS

APN: 02-01804-0000-00002

New Jersey Somerset County Basking Ridge 07920

10 Colonial Dr, Basking Ridge, NJ

This home is located at 10 Colonial Dr, Basking Ridge, NJ 07920 since 12 January 2023 and is currently estimated at $1,701,045, approximately $771 per square foot. This property was built in 1960. 10 Colonial Dr is a home located in Somerset County with nearby schools including Oak Street Elementary School, William Annin Middle School, and Ridge High School.

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