NOT LISTED FOR SALE

11 Commonwealth Dr Basking Ridge, NJ 07920

Estimated Value: $344,000 - $379,000

1 Bed
1 Bath
-- Sq Ft
479 Sq Ft Lot

Last Sold April 09, 2021

Last sale price $250,000

Est. 44% increase in value since last sale

Current estimated payment $2,334/month

14 Days on Market

About This Home

As of April 2021

This home is located at 11 Commonwealth Dr, Basking Ridge, NJ 07920 since 25 January 2021 and is currently estimated at $360,543. 11 Commonwealth Dr is a home located in Somerset County with nearby schools including Cedar Hill Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

THOMAS GOODRICH

WEICHERT REALTORS Brokerage Phone: 908-766-7500 Listed on: 01/25/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,074

Lot Details

  • 479

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,074

Lot Details

0

Listing Details

  • County Name: Somerset
  • Street Number Display: 11
  • I D: 5043395
  • Modified: 2025-07-22
  • Number Images: 1
  • Attribution Contact: 908-766-7500
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 1
  • Bathrooms: 1.00

Lot Info

  • Lot Size: WASHINGTON VILLAGE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2021
Closed on
Apr 5, 2021
Sold by
Mormilo Joan
Bought by
Okoh Grace and Okoh Gerard
Seller's Agent
THOMAS GOODRICH
WEICHERT REALTORS
List Price
$249,000
Sold Price
$250,000
Premium/Discount to List
$1,000
0.4%
Current Estimated Value
$360,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,543
Avg. Annual Appreciation
8.52%
Original Mortgage
$200,000
Outstanding Balance
$180,284
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$180,259

Purchase Details

Listed on
May 22, 2017
Closed on
Aug 14, 2017
Sold by
Mba Realty Llc
Bought by
Mormilo Joan
Seller's Agent
David Burke
RE/MAX PREMIER
Buyer's Agent
JOAN MORMILO
KELLER WILLIAMS REALTY
List Price
$212,000
Sold Price
$195,000
Premium/Discount to List
-$17,000
-8.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.04%
Original Mortgage
$158,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2005
Sold by
Barone Joseph M
Bought by
Mba Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,600
Interest Rate
5.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2003
Sold by
Meyers Gary
Bought by
Barone Joseph M and Broll Carol

Purchase Details

Closed on
May 25, 1995
Sold by
Allocco Jerry
Bought by
Meyers Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
8.33%
Source: Public Records

Range of Values:

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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
Okoh Grace $250,000 Associated Title Agency Llc
Okoh Grace $250,000 None Listed On Document
Mormilo Joan $195,000 Fidelity Nat Title Ins Co
Mba Realty Llc $252,000 --
Barone Joseph M $228,900 --
Meyers Gary $106,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Okoh Grace $200,000
Closed Okoh Grace $200,000
Previous Owner Mormilo Joan $158,000
Previous Owner Mba Realty Llc $201,600
Previous Owner Meyers Gary $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2021 04/09/21 Sold $250,000 +0.4% --
02/08/2021 02/08/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $249,000 +27.7% --
08/15/2017 08/15/17 Sold $195,000 -8.0% --
06/09/2017 06/09/17 Pending -- -- --
05/22/2017 05/22/17 For Sale $212,000 -- --
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
2025 $5,074 $309,900 $140,000 $169,900
2024 $5,074 $285,200 $124,000 $161,200
2023 $4,766 $252,700 $124,000 $128,700
2022 $4,674 $232,400 $120,000 $112,400
2021 $4,621 $219,000 $120,000 $99,000
2020 $4,046 $193,200 $115,000 $78,200
2019 $3,889 $191,200 $125,000 $66,200
2018 $3,793 $189,200 $123,000 $66,200
2017 $3,829 $192,500 $123,000 $69,500
2016 $3,834 $196,500 $123,000 $73,500
2015 $3,750 $195,700 $120,000 $75,700
2014 $3,769 $194,900 $120,000 $74,900
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    THOMAS GOODRICH

    WEICHERT REALTORS

  • David Burke

    Seller's Agent in 2017

    David Burke

    RE/MAX

    (908) 566-6990

    12 in this area

    138 Total Sales

    David Burke
    Section Image

  • J

    Buyer's Agent in 2017

    JOAN MORMILO

    KELLER WILLIAMS REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3688983

Garden State MLS

APN: 02-08603-0000-00012-0000-CONDO

New Jersey Somerset County Basking Ridge 07920

11 Commonwealth Dr, Basking Ridge, NJ

This home is located at 11 Commonwealth Dr, Basking Ridge, NJ 07920 since 25 January 2021 and is currently estimated at $360,543. 11 Commonwealth Dr is a home located in Somerset County with nearby schools including Cedar Hill Elementary School, William Annin Middle School, and Ridge High School.

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