NOT LISTED FOR SALE

11 Morgan Ln Basking Ridge, NJ 07920

Estimated Value: $1,766,000 - $2,088,000

4 Beds
4.5 Baths
-- Sq Ft
0.96 Acres

Last Sold December 22, 2021

Last sale price $1,406,000

Est. 38% increase in value since last sale

Current estimated payment $12,625/month

8 Days on Market

Highlights

  • On Golf Course
  • Fitness Center
  • Colonial Architecture
  • Mount Prospect Elementary School Rated A
  • Sitting Area In Primary Bedroom
  • Conservatory Room

About This Home

As of December 2021

VIEWS and ONE OF THE MOST BEAUTIFUL LOCATIONS IN THE HILLS! Brick Colonial Situated in Prestigious Independence Hill Offers a Picturesque View of Open Land and Backs Up to New Jersey National Golf Course! This 4 BR/4.1 Bath Property Offers Exceptionally Spacious and Hard-to-Find Floor Plan! Every Bedroom Comes with an En-Suite Bathroom and Walk-in Closets; Two Junior Bedrooms also Include a Connected Office/Den! The Grand Two Story Foyer, Curved Staircase,Spacious Living & Dining Rooms, Two-Story Family Room with Soaring Windows, All These Features Add to the Charm of This Property. Hardwood Floor Through Out 1st &2nd floors; Sun Filled Conservatory Is Perfect for Activities and Entertainings! 4948 square feet (not include basement space)...per Bernards Township Record. Highest and Best Offer Due on Nov. 27th, 2021 1pm.

Last Agent to Sell the Property

HONG PU

KELLER WILLIAMS TOWNE SQUARE REAL Listed on: 11/22/2021

Last Buyer's Agent

Louis Larosa

RE/MAX PREMIER

RE/MAX PREMIER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,574

Year Built

  • Built in 1999

Lot Details

  • 0.96 Acre Lot
  • On Golf Course
  • Open Lot
  • Sprinkler System
  • Wooded Lot

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Siding
  • Composite Building Materials

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Thermal Windows
  • Blinds
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Office
  • Conservatory Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Schools

  • Mtprospect Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-10201-0000-00016-0000-

Community Details

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,574

Year Built

Built in 1999

Lot Details

0

HOA Fees

$38 per month

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Community Living: Yes
  • Year Built: 1999
  • Year Built Description: Approximate
  • County Name: Somerset
  • Exclusions: Washer and dryer
  • Directions: Allen Road to Independence Drive, bear right to Morgan. First home on left.
  • I D: 5114521
  • Section Subdiv Development: Independence Hill
  • First Name: HONG
  • First Name3: LOUIS
  • Last Name: PU
  • Last Name3: LAROSA
  • Office Phone: 908-766-0085
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Fireplace Description: Gas Fireplace
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Disposal, Kitchen Exhaust Fan, Microwave Oven, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Blinds, Cathedral Ceiling, High Ceilings
  • Bedrooms: 4
  • Master Bedroom Desc: 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: Jetted Tub, Stall Shower
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen, Pantry
  • Kitchen Dim: 26x18
  • Kitchen Level: First
  • Living Room Dim: 15x15
  • Living Room Level: First
  • Other Room 1: Leisure Room
  • Other Room1 Dim: 14x13
  • Other Room1 Level: Second
  • Other Room 2: Leisure Room
  • Other Room2 Dim: 14x9
  • Other Room2 Level: Second
  • Other Room 3: Leisure Room
  • Other Room3 Dim: 14x9
  • Other Room3 Level: Second
  • Other Room 4: Conservatory
  • Other Room4 Dim: 30x14
  • Other Room4 Level: First
  • Level 1 Rooms: Conservatory, Dining Room, Family Room, Foyer, Kitchen, Laundry Room, Living Room, LivDinRm, Office, Pantry, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other, Den
  • Phone: 908-766-0085

Exterior Features

  • Exterior Description: Brick, Composition Siding
  • Exterior Features: Curbs, Thermal Windows/Doors, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Door Opener
  • Number Garage Spaces: 3
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: 3 Units, Ceiling Fan, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 3 Units, Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Club House, Exercise Room, Playground, Pool-Outdoor
  • Association Maintenance Fee: 38
  • Association Maintenance Fee Frequency: Monthly

Schools

  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: 0.96AC
  • Easement: Unknown
  • Lot Description: Backs to Golf Course, Open Lot, Wooded Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.96

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: 26574
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-10201-0000-00016-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.094
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: MTPROSPECT

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2021
Closed on
Dec 13, 2021
Sold by
Du Zhimei and Luo Peter
Bought by
Larosa Louis
Seller's Agent
HONG PU
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
Louis Larosa
RE/MAX PREMIER
List Price
$1,385,000
Sold Price
$1,406,000
Premium/Discount to List
$21,000
1.52%
Current Estimated Value
$1,937,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$531,418
Avg. Annual Appreciation
8.46%
Original Mortgage
$1,050,000
Outstanding Balance
$965,725
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$971,694

Purchase Details

Listed on
Oct 30, 2015
Closed on
Oct 27, 2015
Sold by
Pasco Anthony and Pasco Joyce
Bought by
Du Zhimei and Luo Peter
Seller's Agent
Marcy Borcherding
COLDWELL BANKER REALTY
Buyer's Agent
Carolyn Perren
WEICHERT REALTORS
Sold Price
$1,314,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.10%
Original Mortgage
$960,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 5, 2013
Sold by
Pasco Anthony and Pasco Joyce
Bought by
Pasco Joyce

Purchase Details

Closed on
Jul 15, 1999
Sold by
Hill Independence
Bought by
Pasco Anthony and Pasco Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.49%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Larosa Louis $1,406,000 Noble Title Agency Inc
Larosa Louis $1,406,000 Forzani Rinaldo
Du Zhimei $1,314,500 Attorney
Pasco Joyce -- None Available
Pasco Anthony $805,372 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larosa Louis $1,050,000
Closed Larosa Louis $1,050,000
Previous Owner Du Zhimei $960,000
Previous Owner Pasco Anthony $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/22/2021 12/22/21 Sold $1,406,000 +1.5% --
12/03/2021 12/03/21 Pending -- -- --
11/24/2021 11/24/21 For Sale $1,385,000 +5.4% --
10/30/2015 10/30/15 Sold $1,314,500 -- -- View Prior Sale
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 $28,626 $1,805,000 $513,200 $1,291,800
2024 $28,626 $1,609,100 $434,500 $1,174,600
2023 $28,607 $1,516,800 $434,500 $1,082,300
2022 $27,032 $1,344,200 $434,500 $909,700
2021 $25,016 $1,185,600 $418,700 $766,900
2020 $26,575 $1,269,100 $418,700 $850,400
2019 $26,883 $1,321,700 $418,700 $903,000
2018 $26,703 $1,331,800 $428,800 $903,000
2017 $26,177 $1,316,100 $428,800 $887,300
2016 $25,597 $1,312,000 $418,700 $893,300
2015 $26,439 $1,379,900 $471,200 $908,700
2014 $26,271 $1,358,400 $471,200 $887,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3753176

Garden State MLS

APN: 02-10201-0000-00016