NOT LISTED FOR SALE

111 Cherry Ln Basking Ridge, NJ 07920

Estimated Value: $1,650,000 - $2,125,000

5.07 Acres
$359,422 Price per Acre
220,849 Sq Ft Lot

Last Sold January 28, 2020

Last sale price $450,000 $150 Per Sq Ft

Est. 305% increase in value since last sale

Current estimated payment $11,646/month

138 Days on Market

About This Lot

As of January 2020

This home is located at 111 Cherry Ln, Basking Ridge, NJ 07920 since 22 August 2019 and is currently estimated at $1,822,271, approximately $605 per square foot. 111 Cherry Ln is a home located in Somerset County with nearby schools including Oak Street Elementary School, William Annin Middle School, and Ridge High School.

Property Details

Property Type

  • Land

Lot Details

  • 5.07 Acre Lot

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • County Name: Somerset
  • I D: 4924145
  • Attribution Contact: 732-469-1515
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Total Acres: 5.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2021
Sold by
Mccrea Donna and Estate Of Genevleve M Treich
Bought by
Cherry Ln Llc
Current Estimated Value
$1,822,271

Purchase Details

Listed on
Aug 22, 2019
Closed on
Jan 27, 2020
Sold by
Mccrea Donna and Treich Edward C
Bought by
Cherry Ln Llc
List Price
$595,000
Sold Price
$450,000
Premium/Discount to List
-$145,000
-24.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.35%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Quantarium

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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
Cherry Ln Llc -- Guardian Title Services Llc
Cherry Ln Llc $450,000 Westcor Land Title Ins Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/28/2020 01/28/20 Sold $450,000 0.0% $150 / Sq Ft
01/28/2020 01/28/20 Sold $450,000 -9.1% $150 / Sq Ft View Prior Sale
01/07/2020 01/07/20 Pending -- -- --
01/07/2020 01/07/20 Pending -- -- --
10/18/2019 10/18/19 Price Changed $495,000 -16.8% $164 / Sq Ft
08/22/2019 08/22/19 For Sale $595,000 0.0% $198 / Sq Ft
06/26/2019 06/26/19 For Sale $595,000 -- $198 / 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 $26,534 $1,592,600 $453,500 $1,139,100
2024 $26,534 $1,491,500 $413,000 $1,078,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    MARSHA BADGER

    BHHS - NEW JERSEY PROPERTIES

  • A

    Buyer's Agent in 2020

    AKASH AGARWAL

    FATHOM REALTY NJ

See All Agents

Map

Source: Garden State MLS

MLS Number: 3582209

Garden State MLS

APN: 02-00901-0000-00022

New Jersey Somerset County Basking Ridge 07920

111 Cherry Ln, Basking Ridge, NJ

Not Listed for Sale

Lots

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