$450,000
SOLD SEP 17, 2020

10 E Craig St Basking Ridge, NJ 07920

3 Beds
2 Baths
-- Sq Ft
0.92 Acres

Recently Sold

10% Below List Price

21 Days on Market

Highlights

  • Living Room with Fireplace
  • 5-minute walk to Basking Ridge
  • Home Office
  • Oak Street Elementary School Rated A
  • Ranch Style House
  • Formal Dining Room

About This Home

As of February 2022

Large 8 room, 3 bedroom 2 bath ranch situated on almost 1 acre, located near downtown and Basking Ridge NJ Transit Station. Direct train service to NYC. Ideal for commuters.Features open LR, DR, kitchen area, fireplace in LR. Master suite has private den/study.Basement is fully finished with an additional two bedrooms and family room/rec room with fireplace. Convenient to major highways, schools, shopping, restaurants, library, parks. Has great potential. Has 2 abandoned oil tanks. "Failed oil tanks. Contact us for inspection report". The tanks have been tested and the results are in the attachment. Employees or directors of JPMorgan Chase & Co. and its direct and indirect subs are prohibited from purchasing any property owned or serviced by or on behalf of JPMorgan Chase & Co. or its subs.

Last Agent to Sell the Property

RALPH BARONE

NJ REO ASSET MANAGEMENT & REALTY Listed on: 06/18/2020

Last Buyer's Agent

ADAM RAIFFE

REAL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,930

Year Built

  • Built in 1949

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Wood Shingle Roof

Interior Spaces

  • Wood Burning Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Home Office
  • Recreation Room with Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity

Additional Features

  • Porch
  • 0.92 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 2702-01105-0000-00003-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,930

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Year Built: 1949
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 10
  • Directions: Valley Rd to Stonehouse R onto S Finley Av L onto E Oak St R onto N Finley Av R onto E Craig St
  • I D: 4991417
  • Modified: 2021-09-23
  • Number Images: 25
  • First Name: RALPH
  • First Name3: ADAM
  • Last Name: BARONE
  • Last Name3: RAIFFE
  • Office Phone: 973-429-0990
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Description: Living Room, Rec Room, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Dishwasher, Range/Oven-Gas, Refrigerator
  • Number Rooms: 8
  • Bedrooms: 3
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished, Full
  • Dining Room Level: First
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 18x11
  • Kitchen Level: First
  • Living Room Dim: 23x13
  • Living Room Level: First
  • Other Room 1: Porch
  • Other Room1 Dim: 22x8
  • Other Room1 Level: First
  • Other Room 2: Office
  • Other Room2 Dim: 15x10
  • Other Room2 Level: First
  • Level 1 Rooms: 3 Bedrooms, Dining Room, Kitchen, Living Room, Office, Porch
  • Phone: 973-429-0990

Exterior Features

  • Exterior Description: Wood Shingle
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: 2 Car Width

Utilities

  • Cooling: 1 Unit
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit
  • Sewer: Public Sewer
  • Utilities: Electric
  • Water: Public Water

Lot Info

  • Lot Size: 0.92
  • Assessed Improvement Value: 258900
  • Assessed Land Value: 376800
  • Assessment: 635700
  • Easement: Unknown
  • Lot Identifier: 3
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.92

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 12930
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-01105-0000-00003-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.034
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 24, 2021
Closed on
Jan 25, 2022
Sold by
R Realty One Llc
Bought by
Micheli Nicholas and Micheli Jillian
Seller's Agent
ADAM RAIFFE
REAL
Buyer's Agent
Susan Dalgleish
COLDWELL BANKER REALTY
List Price
$1,249,950
Sold Price
$1,210,000
Premium/Discount to List
-$39,950
-3.2%
Total Days on Market
21
Current Estimated Value
$1,415,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,639
Avg. Annual Appreciation
4.80%

Purchase Details

Listed on
Jun 18, 2020
Closed on
Jul 13, 2020
Sold by
The Bank Of New York Mellon
Bought by
R Realty One Llc
Seller's Agent
Ralph Barone
NJ REO Asset Management & Realty, Inc.
Buyer's Agent
Outside Agent
Outside Office
List Price
$499,900
Sold Price
$450,000
Premium/Discount to List
-$49,900
-9.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
96.89%

Purchase Details

Closed on
Oct 1, 2019
Sold by
Forest Stephen R and Forest Deborah K
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
May 9, 2005
Sold by
Forest Stephen R
Bought by
Forest Stephen R and Forest Deborah K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
6.05%
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $1,210,000 Westcor Land Title
Special Warranty Deed $450,000 Servicelink
Warranty Deed $1,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $430,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2022 02/01/22 Sold $1,210,000 -3.2% $356 / Sq Ft
01/07/2022 01/07/22 Pending -- -- --
12/27/2021 12/27/21 For Sale $1,249,950 +177.8% $368 / Sq Ft
09/17/2020 09/17/20 Sold $450,000 0.0% --
07/09/2020 07/09/20 Pending -- -- --
07/01/2020 07/01/20 Price Changed $449,950 -10.0% --
06/18/2020 06/18/20 For Sale $499,900 -- --
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 $21,485 $1,207,700 $387,600 $820,100
2023 $21,849 $1,158,500 $387,600 $770,900
2022 $11,252 $559,500 $377,600 $181,900
2021 $10,668 $505,600 $367,600 $138,000
2020 $10,185 $486,400 $367,600 $118,800
2019 $12,930 $635,700 $376,800 $258,900
2018 $12,776 $637,200 $381,800 $255,400
2017 $12,501 $628,500 $371,800 $256,700
2016 $11,394 $584,000 $371,800 $212,200
2015 $11,023 $575,300 $371,800 $203,500
2014 $10,975 $567,500 $366,800 $200,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3641580

Garden State MLS

APN: 02-01105-0000-00003