$999,000
SOLD FEB 12, 2025

10 Lafayette Ln Basking Ridge, NJ 07920

4 Beds
3 Baths
1,766 Sq Ft
0.92 Acres

Recently Sold

$566 Per Sq Ft

16% Below List Price

76 Days on Market

About This Home

As of February 2025

This home is located at 10 Lafayette Ln, Basking Ridge, NJ 07920 and is currently priced at $999,000, approximately $565 per square foot. This property was built in 1975. 10 Lafayette Ln is a home located in Somerset County with nearby schools including Liberty Corner Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

JACK QIZHAN YAO

REALMART REALTY Brokerage Phone: 888-362-6543 Listed on: 10/18/2024

Last Buyer's Agent

KELLY JU

REALMART REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,740

Year Built

  • Built in 1975

Lot Details

  • 0.92 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,740

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Year Built: 1975
  • County Name: Somerset
  • Street Number Display: 10
  • I D: 5319530
  • Modified: 2025-02-12
  • Number Images: 0
  • Attribution Contact: 888-362-6543
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.10

Lot Info

  • Lot Size: .92AC
  • Total Acres: 0.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2024
Closed on
Feb 10, 2025
Sold by
Liu Louis Xianjun and Wen Beth Yinyi
Bought by
Sun Yaxu and Guo Shanzhao
Seller's Agent
JACK QIZHAN YAO
REALMART REALTY
Buyer's Agent
KELLY JU
REALMART REALTY
List Price
$1,195,000
Sold Price
$999,000
Premium/Discount to List
-$196,000
-16.4%
Views
170
Current Estimated Value
$1,055,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,134
Avg. Annual Appreciation
8.77%

Purchase Details

Closed on
Feb 16, 1998
Sold by
Keller Timothy P
Bought by
Liu Louis Xianjun and Yinyi Wen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.96%

Purchase Details

Closed on
Sep 15, 1995
Sold by
Williams Lois
Bought by
Keller Tim and Keller Kristi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
7.81%
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 Type Sale Price Title Company
Deed $999,000 Allied Title
Deed $999,000 Allied Title
Deed $323,000 --
Deed $302,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $220,000 No Value Available
Previous Owner $272,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2025 02/12/25 Sold $999,000 -9.1% $566 / Sq Ft
01/02/2025 01/02/25 Pending -- -- --
12/02/2024 12/02/24 Price Changed $1,099,000 -8.0% $622 / Sq Ft
10/18/2024 10/18/24 For Sale $1,195,000 -- $677 / 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
2025 $16,740 $996,400 $418,400 $578,000
2024 $16,740 $941,000 $373,400 $567,600
2023 $15,714 $833,200 $373,400 $459,800
2022 $15,700 $780,700 $373,400 $407,300
2021 $15,745 $746,200 $353,400 $392,800
2020 $15,320 $731,600 $357,600 $374,000
2019 $15,544 $764,200 $357,600 $406,600
2018 $14,043 $700,400 $357,600 $342,800
2017 $13,666 $687,100 $357,600 $329,500
2016 $12,387 $634,900 $357,600 $277,300
2015 $14,163 $739,200 $357,600 $381,600
2014 $13,399 $692,800 $357,600 $335,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3930159

Garden State MLS

APN: 02-07703-0000-00017