NOT LISTED FOR SALE

111 Cherry Ln Basking Ridge, NJ 07920

Bernards Area

Estimated Value: $1,727,000 - $2,027,919

5.07 Acres
$372,629 Price per Acre
220,849 Sq Ft Lot

Sale Details

Date Sold: January 28, 2020

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

Est. 320% increase in value since last sale

Current estimated payment $12,604 / mo

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 $1,889,230, approximately $627 per square foot. 111 Cherry Ln is a home located in Somerset County.

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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Property Details

Property Type

  • Land

Lot Details

  • 5.07 Acre Lot

Property Details

Property Type

Land

Lot Details

5.07 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2021
Sold by
Bought by
Current Estimated Value
$1,889,230

Purchase Details

Listed on
Aug 22, 2019
Closed on
Jan 27, 2020
Sold by
Bought by
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
24.66%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Basking Ridge, NJ

  • Seema Wu Real Estate Agent - Keller Williams Realty Metropolitan

    Seema Wu

    Keller Williams Realty Metropolitan

    (862) 465-8804

    48 Total Sales

    1 in Bernards

    $963,500 Price

    Seema Wu
     Section Image
  • Stewart Daniels Real Estate Agent - RE/MAX PINNACLE

    Stewart Daniels

    RE/MAX PINNACLE

    (848) 400-4555

    82 Total Sales

    3 in Bernards

    $555,800 Price Range

    Stewart Daniels
     Section Image
  • Triveni Gurikar Real Estate Agent - RE/MAX NEIGHBORHOOD PROPERTIES

    Triveni Gurikar

    Responds Quickly

    RE/MAX NEIGHBORHOOD PROPERTIES

    (862) 263-7254

    64 Total Sales

    2 in Bernards

    $900K - $1.4M Price Range

    Triveni Gurikar
     Section Image
  • Sean Quinn Real Estate Agent - COMPASS NEW JERSEY, LLC

    Sean Quinn

    COMPASS NEW JERSEY, LLC

    (862) 860-1996

    46 Total Sales

    2 in Bernards

    $554K - $925K Price Range

    Sean Quinn
     Section Image
  • Roseann O'Keefe Real Estate Agent - NextHome Premier

    Roseann O'Keefe

    Responds Quickly

    NextHome Premier

    (848) 800-4213

    158 Total Sales

    1 in Bernards

    $1,079,500 Price

    Roseann O'Keefe
     Section Image
  • Jennifer Stowe Real Estate Agent - COMPASS NEW JERSEY, LLC

    Jennifer Stowe

    COMPASS NEW JERSEY, LLC

    (908) 503-2738

    83 Total Sales

    2 in Bernards

    $407K - $441K Price Range

    Jennifer Stowe
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Guardian Title Services Llc
$450,000 Westcor Land Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,350,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $26,883 $1,648,400 $476,000 $1,172,400
2025 $26,534 $1,592,600 $453,500 $1,139,100
2024 $26,534 $1,491,500 $413,000 $1,078,500
2023 $27,079 $1,435,800 $407,900 $1,027,900
2022 $12,915 $642,200 $392,200 $250,000
2021 $9,411 $446,000 $392,200 $53,800
2020 $9,356 $446,800 $392,200 $54,600
2019 $12,397 $609,500 $397,300 $212,200
2018 $12,601 $628,500 $382,100 $246,400
2017 $12,489 $627,900 $377,800 $250,100
2016 $12,328 $631,900 $377,800 $254,100
2015 $11,810 $616,400 $369,300 $247,100
2014 $11,322 $585,400 $369,300 $216,100
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

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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

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