NOT LISTED FOR SALE

14 Cedar St Basking Ridge, NJ 07920

Estimated Value: $1,444,000 - $1,636,517

4 Beds
3.5 Baths
3,252 Sq Ft
$468/Sq Ft Est. Value

Last Sold January 25, 2023

Last sale price $1,312,000 $403 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $9,906/month

Highlights

  • Colonial Architecture
  • Deck
  • Recreation Room
  • Oak Street Elementary School Rated A
  • Family Room with Fireplace
  • Wood Flooring

About This Home

As of January 2023

Close to town, updated colonial with four bedrooms, three full baths and one half bath. Everything new in 2019, with high end finishes.

Last Agent to Sell the Property

JAMES ZIMA

KL SOTHEBY'S INT'L. REALTY Brokerage Phone: 973-886-6320 Listed on: 01/25/2023

Last Buyer's Agent

ANNE FERRANTE

KL SOTHEBY'S INT'L. REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,682

Year Built

  • Built in 1950

Lot Details

  • 0.44

Parking

  • 2 Car Direct Access Garage

Home Design

  • Colonial Architecture
  • Siding
  • Composite Building Materials
  • Tile

Interior Spaces

  • 3,252 Sq Ft Home
  • Beamed Ceilings
  • Wood Burning Fireplace
  • Gas Fireplace
  • Blinds
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Breakfast Room
  • Recreation Room
  • Storage Room
  • Utility Room
  • Wood Flooring
  • Partially Finished Basement
  • Crawl Space

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Powder Room

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • W Annin Middle School
  • Ridge High School

Utilities

  • Forced Air Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Standard Electricity
  • Gas Water Heater

Additional Features

  • Deck
  • 0.44 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 2702-01803-0000-00003-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,682

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1950
  • Year Built Description: Approximate
  • County Name: Somerset
  • Renovated Year: 2019
  • Street Number Display: 14
  • Directions: South Finley to Cedar Street
  • I D: 5200197
  • Modified: 2024-01-26
  • Number Images: 1
  • First Name: JAMES
  • First Name3: ANNE
  • Last Name: ZIMA
  • Last Name3: FERRANTE
  • Office Phone3: 908-696-8600
  • Attribution Contact: 973-886-6320
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2019

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Family Room, Gas Fireplace, Living Room, Wood Burning
  • Number of Fireplaces: 2
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Beam Ceilings, Blinds, Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Walk-In Closet
  • Number Rooms: 9
  • Bedrooms: 4
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Crawl Space, Finished-Partially
  • Basement Level Rooms: Rec Room, Storage Room, Utility Room
  • Family Room Level: First
  • Kitchen Area: Center Island
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Breakfast
  • Other Room1 Level: First
  • Other Room 2: Laundry Room
  • Level 1 Rooms: Breakfast Room, Family Room, GarEnter, Kitchen, Living Room, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath(s) Other
  • Estimated Sq Ft: 3252
  • Phone: 908-696-8600

Exterior Features

  • Exterior Description: Composition Siding
  • Exterior Features: Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

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

Schools

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

Lot Info

  • Lot Size: .44AC
  • Assessed Improvement Value: 563000
  • Assessed Land Value: 366000
  • Assessment: 929000
  • Easement: Unknown
  • Lot Identifier: 3
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.44

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 18682
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-01803-0000-00003-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.011
  • Tax Rate Tax: *
  • Tax Rate Year: 2022
  • Tax Year Tax: *
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2023
Closed on
Jan 20, 2023
Sold by
Hoffman Kermit and Hoffman Alyson
Bought by
Schneider Michael and Schneider Sylvia
Seller's Agent
JAMES ZIMA
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
ANNE FERRANTE
KL SOTHEBY'S INT'L. REALTY
List Price
$1,300,000
Sold Price
$1,312,000
Premium/Discount to List
$12,000
0.92%
Current Estimated Value
$1,522,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,879
Avg. Annual Appreciation
5.65%
Original Mortgage
$1,049,600
Outstanding Balance
$1,003,719
Interest Rate
4.63%
Mortgage Type
New Conventional
Estimated Equity
$519,160

Purchase Details

Listed on
Apr 30, 2018
Closed on
Jun 26, 2018
Sold by
Cao Bing
Bought by
Hoffman Kermit and Hoffman Alyson
Seller's Agent
Adrienne Francis
KELLER WILLIAMS METROPOLITAN
Buyer's Agent
JAMES ZIMA
KL SOTHEBY'S INT'L. REALTY
List Price
$675,000
Sold Price
$655,000
Premium/Discount to List
-$20,000
-2.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.38%

Purchase Details

Closed on
Jan 22, 2010
Sold by
Launer Thomas E and Launer Margaret C
Bought by
Cao Bing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
4.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 1996
Sold by
Ptashinski Rosemary
Bought by
Launer Thomas and Launer Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
7.97%
Source: Public Records

Range of Values:

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Average Value
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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
Schneider Michael $1,312,000 Green Hill Title
Hoffman Kermit $655,000 Multiple
Cao Bing $620,000 Commonwealth Land Title Insu
Launer Thomas $305,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schneider Michael $1,049,600
Previous Owner Cao Bing $480,000
Previous Owner Launer Thomas $273,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/25/2023 01/25/23 Sold $1,312,000 +0.9% $403 / Sq Ft
01/25/2023 01/25/23 Pending -- -- --
01/25/2023 01/25/23 For Sale $1,300,000 +98.5% $400 / Sq Ft
06/29/2018 06/29/18 Sold $655,000 -3.0% $335 / Sq Ft View Prior Sale
06/01/2018 06/01/18 Pending -- -- --
04/30/2018 04/30/18 For Sale $675,000 -- $345 / 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 $22,275 $1,394,300 $411,000 $983,300
2024 $22,275 $1,252,100 $366,000 $886,100
2023 $21,802 $1,156,000 $366,000 $790,000
2022 $18,682 $929,000 $366,000 $563,000
2021 $18,244 $865,600 $366,000 $499,600
2020 $18,159 $867,200 $366,000 $501,200
2019 $12,706 $624,700 $368,200 $256,500
2018 $12,345 $615,700 $368,200 $247,500
2017 $12,258 $616,300 $368,200 $248,100
2016 $12,297 $630,300 $378,200 $252,100
2015 $12,055 $629,200 $373,200 $256,000
2014 $11,888 $614,700 $373,200 $241,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3825856

Garden State MLS

APN: 02-01803-0000-00003