NOT LISTED FOR SALE

11 Butternut Ln Basking Ridge, NJ 07920

Estimated Value: $2,039,576 - $2,249,000

5 Beds
5.5 Baths
-- Sq Ft
5.23 Acres

Last Sold January 08, 2021

Last sale price $1,415,000

Est. 49% increase in value since last sale

Current estimated payment $14,262/month

170 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • 5.23 Acre Lot
  • Deck
  • Oak Street Elementary School Rated A
  • Colonial Architecture
  • Wood Burning Stove

About This Home

As of January 2021

Stunning 5 bedroom Crystal Ridge Custom Colonial situated on 5 plus professionally landscaped acres. Gourmet kitchen with spacious center island and separate breakfast nook opens to the family room with a wet bar and fieldstone fireplace, ideal for entertaining. Billiard room, sunroom, handsome office, formal living room, banquet-sized dining room and bedroom with full bath complete the main level. The second floor features the master suite with a sitting room, fireplace, walk-in closets, and a spa-like bath. Four bedrooms and three additional bathrooms, and laundry room. The lower level is finished with recreation space, an exercise room, wine room, and plenty of storage space. This house is privately located yet convenient to town, schools, and NJ Transit. A must see!

Last Agent to Sell the Property

JILL CANNAN

KELLER WILLIAMS TOWNE SQUARE REAL Listed on: 06/11/2020

Last Buyer's Agent

Jon Buryk

KL SOTHEBY'S INT'L. REALTY

KL SOTHEBY'S INT'L. REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,551

Year Built

  • Built in 1996

Lot Details

  • 5.23 Acre Lot
  • Level Lot
  • Open Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Inside Entrance
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Wood Siding
  • Stone Siding
  • Tile

Interior Spaces

  • Wet Bar
  • Cathedral Ceiling
  • Wood Burning Stove
  • Thermal Windows
  • Shades
  • Blinds
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Library with Fireplace
  • Recreation Room
  • Game Room
  • Sun or Florida Room
  • Storage Room
  • Utility Room
  • Home Gym
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Country Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Walk-In Closet
  • Powder Room
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck

Schools

  • Oak St Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Standard Electricity
  • Gas Water Heater
  • Water Softener is Owned
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 2702-00202-0000-00002-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,551

Year Built

Built in 1996

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1996
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 11
  • Directions: Childs Rd to Hardscrabble Rd to Butternut
  • I D: 4988127
  • Modified: 2022-01-09
  • Number Images: 25
  • Section Subdiv Development: Crystal Ridge
  • First Name: JILL
  • First Name3: JON
  • Last Name: CANNAN
  • Last Name3: BURYK
  • Office Phone: 908-766-0085
  • Office Phone3: 281963
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Stone, Tile, Wood
  • Fireplace Description: Bedroom 1, Family Room, Library, Living Room, Wood Stove-Freestanding
  • Number of Fireplaces: 4
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Dryer, Generator-Built-In, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, OvnWGas, Washer, Water Softener-Own, WineRefr
  • Interior Amenities: Bar-Wet, Blinds, Cathedral Ceiling, Cedar Closets, Fire Alarm Sys, High Ceilings, JacuzTyp, Security System, Shades, StallShw, Walk-In Closet, Window Treatments
  • Number Rooms: 15
  • Bedrooms: 5
  • Master Bedroom Desc: Fireplace, Full Bath, Sitting Room, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Soaking Tub, Stall Shower
  • Bathrooms: 5.10
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Exercise Room, Rec Room, Storage Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Center Island, Country Kitchen, Pantry
  • Kitchen Dim: 23x17
  • Kitchen Level: First
  • Living Room Dim: 17x19
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 15x14
  • Other Room1 Level: Second
  • Other Room 2: Office
  • Other Room2 Dim: 15x15
  • Other Room2 Level: First
  • Other Room 3: Sunroom
  • Other Room3 Dim: 15x16
  • Other Room3 Level: First
  • Other Room 4: Breakfast
  • Other Room4 Dim: 12x15
  • Other Room4 Level: First
  • Level 1 Rooms: Bath(s) Other, Breakfast Room, Dining Room, Family Room, Foyer, GameRoom, Kitchen, Library, Living Room, MudRoom, Office, Pantry, Powder Room, Sunroom
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Laundry Room, SittngRm
  • Level 3 Rooms: Attic
  • Phone: 908-766-0085

Exterior Features

  • Exterior Description: Stone, Wood
  • Exterior Features: Deck, Thermal Windows/Doors, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener, InEntrnc
  • Number Garage Spaces: 3
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air, Multi-Zone
  • Sewer: Septic
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: OAK ST
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: 5.229AC
  • Assessed Improvement Value: 1090200
  • Assessed Land Value: 461000
  • Assessment: 1551200
  • Easement: Unknown
  • Lot Description: Level Lot, Open Lot
  • Lot Identifier: 2
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 5.23
  • Zoning: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 31551
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-00202-0000-00002-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.034
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: OAK ST

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2020
Closed on
Jan 8, 2021
Sold by
Marcus G Robert G and Marcus Michele S
Bought by
Mukherjee Romit
Seller's Agent
JILL CANNAN
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
Jon Buryk
KL SOTHEBY'S INT'L. REALTY
List Price
$1,499,000
Sold Price
$1,415,000
Premium/Discount to List
-$84,000
-5.6%
Total Days on Market
170
Current Estimated Value
$2,102,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$687,644
Avg. Annual Appreciation
9.37%
Original Mortgage
$760,000
Outstanding Balance
$684,487
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$1,418,157

Purchase Details

Closed on
Feb 14, 1996
Sold by
Meehan Ray
Bought by
Marcus Robert and Marcus Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.99%
Source: Public Records

Similar Homes in the area

  • 81 Butternut Ln, Basking Ridge, NJ 07920

    $2,349,000

    • 6 Beds
    • 7 Baths
    • 81 Butternut Ln
    • Basking Ridge, NJ

    Nestled on a sprawling 3.73-acre lot, this 6-bedroom home is a stunning colonial masterpiece that seamlessly blends timeless elegance with modern luxury. Enter through a grand 2-story foyer, setting an elegant tone for this exceptional home. The large and bright living room is bathed in natural light and the elegant dining room with custom moldings is ideal for hosting gatherings. The newly

    Kelly Peterpaul COLDWELL BANKER REALTY

    Section Image
  • 15 Riverside Dr, Basking Ridge, NJ 07920

    $1,799,000

    • 4 Beds
    • 6 Baths
    • 15 Riverside Dr
    • Basking Ridge, NJ

    Discover this timeless gem situated on over an acre showcasing outstanding craftsmanship and luxury throughout. This sophisticated 4-bedroom custom colonial is elegant, light-filled and generously scaled with custom moldings throughout. Gorgeous spaces include the graceful two-story foyer and elegant living room. The formal dining room has direct access to the gourmet kitchen which boasts top of

    Kelly Peterpaul COLDWELL BANKER REALTY

    Section Image
  • 51 Keystone Ct, Basking Ridge, NJ 07920

    $1,899,000

    • 6 Beds
    • 6.5 Baths
    • 51 Keystone Ct
    • Basking Ridge, NJ

    This luxury home at 51 Keystone Court features a grand two-story foyer, hardwood floors, and custom moldings. It boasts a sun-filled living room, an office with porch access, an elegant dining room, and a gourmet kitchen. The family room has a stone fireplace, and a sunroom offers relaxation. A guest suite, mudroom, and powder room are also on the first floor. Upstairs is the primary suite with a

    Kelly Peterpaul COLDWELL BANKER REALTY

    Section Image
  • 10 Wolf Ln, Basking Ridge, NJ 07920

    $1,885,000

    • 5 Beds
    • 5.5 Baths
    • 4,377 Sq Ft
    • 10 Wolf Ln
    • Basking Ridge, NJ

    Set on nearly an acre on a cul-de-sac close to town, this beautifully appointed 5 bedroom, 5.1 bath, brick front colonial with 3-car garage and Tesla EV charger, has a finished walkout basement, and recently refinished hardwood flooring. The open first floor plan sets a perfect stage for entertaining with a soaring double height foyer, family room with floor-to-ceiling stone fireplace and a

    Marie Young COLDWELL BANKER REALTY

    Section Image
  • 4 Belmont Ct, Basking Ridge, NJ 07920

    $2,250,000

    • 4 Beds
    • 5.5 Baths
    • 5,325 Sq Ft
    • 4 Belmont Ct
    • Basking Ridge, NJ

    Inspired by an award-winning Seattle Street of Dreams home and a Best of American Living top design, this stunning residence seamlessly combines estate craftsmanship with luxurious everyday living. The stately sculptural facade is wrapped in a columned mahogany porch, evoking timeless charm and a gracious welcome. Inside, a dramatic view axis reveals a stained-glass rotunda overlooking a gallery

    Nishoo Sethi KELLER WILLIAMS TOWNE SQUARE REAL

    Section Image
  • 58 Haas Rd, Basking Ridge, NJ 07920

    $1,599,000

    • 4 Beds
    • 5 Baths
    • 58 Haas Rd
    • Basking Ridge, NJ

    Strikingly reimagined in 2017 by the award winning architectural firm of Hiland, Hall, Turner, this 1920s Haas farm homestead was beautifully transformed into a showpiece of modern living and elegant design with curated lighting and designer window treatments throughout. A newly laid bluestone path leads to a covered front porch with a classic swing, offering a welcoming first impression. Inside,

    SARAH S. DRAKE CALLAWAY HENDERSON SOTHEBY'S IR

    Section Image
  • 104 Canterbury Way, Basking Ridge, NJ 07920

    $2,198,000

    • 4 Beds
    • 5.5 Baths
    • 4,798 Sq Ft
    • 104 Canterbury Way
    • Basking Ridge, NJ

    Experience timeless elegance in this exceptional 4-bedroom, 5.1-bath center hall colonial, nestled on 1.28 private acres in the coveted Canterbury Estates of Basking Ridge. Surrounded by mature trees and manicured lawns, this home offers a true neighborhood setting with sidewalks, bike paths, and natural beauty. The grand two-story foyer with oak staircase introduces refined interiors. The family

    Marie Young COLDWELL BANKER REALTY

    Section Image
  • 108 Mine Brook Rd, Far Hills, NJ 07931

    $2,247,000

    • 6 Beds
    • 6.5 Baths
    • 5,580 Sq Ft
    • 108 Mine Brook Rd
    • Far Hills, NJ

    Nestled on 12 acres, this 6 bed, 6.1 bath custom colonial exudes the classic elegance of estate living. Architectural details include extensive millwork, 9 ft ceilings, HW floors, designer finishes and extraordinary amenities designed for luxury living and exceptional entertaining. Two-story foyer welcomes you into the LR and a formal DR, generously sized for any dinner party. Dual butler's

    Melissa Reynolds KELLER WILLIAMS TOWNE SQUARE REAL

    Section Image
  • 58 High Meadow Ln, Basking Ridge, NJ 07920

    $2,375,000

    • 5 Beds
    • 5 Baths
    • 5,863 Sq Ft
    • 58 High Meadow Ln
    • Basking Ridge, NJ

    Welcome to 58 High Meadow Lane an exceptional estate in the 29-home Beacon Manor enclave in The Hills of Basking Ridge. Situated on a beautifully landscaped private 2.73-acre lot, this north-facing brick home features a heated inground pool with spa and waterfall, paved double wide driveway, and resort-like outdoor living with pergola, 3 tiered fountain, gazebo and pool house storage. Inside,

    Bill Flagg ERA QUEEN CITY REALTY

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mukherjee Romit $1,415,000 Chicago Title Insurance Co
Marcus Robert $1,123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mukherjee Romit $760,000
Closed Mukherjee Romit $760,000
Previous Owner Marcus G Robert $680,000
Previous Owner Marcus G Robert $701,000
Previous Owner Marcus Robert $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2021 01/08/21 Sold $1,415,000 -5.6% --
11/28/2020 11/28/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $1,499,000 -- --
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 $30,046 $1,688,900 $473,700 $1,215,200
2023 $27,456 $1,455,800 $473,700 $982,100
2022 $28,234 $1,404,000 $473,700 $930,300
2021 $28,550 $1,353,100 $473,700 $879,400
2020 $30,198 $1,442,100 $434,800 $1,007,300
2019 $31,551 $1,551,200 $461,000 $1,090,200
2018 $29,929 $1,492,700 $461,000 $1,031,700
2017 $29,773 $1,496,900 $474,500 $1,022,400
2016 $30,428 $1,559,600 $456,500 $1,103,100
2015 $30,656 $1,600,000 $483,500 $1,116,500
2014 $33,737 $1,744,400 $553,500 $1,190,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3639435

Garden State MLS

APN: 02-00202-0000-00002