NOT LISTED FOR SALE

141 Spencer Rd Basking Ridge, NJ 07920

Estimated Value: $1,606,535 - $1,755,000

4 Beds
3.5 Baths
5,000 Sq Ft
$337/Sq Ft Est. Value

Last Sold June 01, 2021

Last sale price $1,250,000 $250 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $11,351/month

20 Days on Market

Highlights

  • Fitness Center
  • Sitting Area In Primary Bedroom
  • Family Room with Fireplace
  • Oak Street Elementary School Rated A
  • Custom Home
  • Recreation Room

About This Home

As of June 2021

An almost 5000 square foot custom multi-level home on nearly an acre of flat land. Wrap around mahogany front porch with gazebo, landscaped rear yard featuring large stone patio with fireplace, multi zoned irrigation, storage shed and carriage style oversized garage with loft. The light filled Interior features Anderson Windows, recessed lighting throughout, 3 gas fireplaces, custom millwork, surround sound. Kitchen has 48" built-in refrigerator, 48" Viking stove w/grill, 2 sinks and abundant storage. Luxurious primary bedroom w/separate sitting area or office, 2 walk in closets, bath with jetted tub and steam shower. 3 additional bedrooms and 2 more full baths. Ground level offers large home office w/2 built in desks and mudroom w/plenty of storage. Lower level has a gym and room plumbed for a bath

Last Listed By

SCOTT J. MENNIG

KELLER WILLIAMS REALTY Listed on: 02/25/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,161

Year Built

  • Built in 1954 | Remodeled

Lot Details

  • 0.94 Acre Lot
  • Fenced
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Garage
  • Oversized Parking
  • Garage Door Opener
  • Paver Block

Home Design

  • Custom Home
  • Wood Shingle Roof
  • Stone Siding
  • Tile

Interior Spaces

  • 5,000 Sq Ft Home
  • High Ceiling
  • Wood Burning Fireplace
  • Gas Fireplace
  • Thermal Windows
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • 4 Fireplaces
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Utility Room
  • Home Gym
  • Finished Basement
  • Walk-Out Basement
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Gazebo
  • Storage Shed
  • Porch

Schools

  • Oak St Elementary School
  • 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
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 2702-02701-0000-00034-0000-
  • Tax Block *

Community Details

Amenities

  • Community Storage Space

Recreation

  • Fitness Center

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,161

Year Built

Built in 1954 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Custom Home
  • Primary Style: Custom Home
  • Subproperty Type: Single Family
  • Year Built: 1954
  • Year Built Description: Approximate, Renovated
  • County Name: Somerset
  • Renovated Year: 2008
  • Street Number Display: 141
  • Directions: Lake to Spencer.
  • I D: 5050445
  • Modified: 2022-06-02
  • Number Images: 25
  • Section Subdiv Development: Basking Ridge Village
  • First Name: SCOTT J.
  • First Name3: SHIRA
  • Last Name: MENNIG
  • Last Name3: ROST
  • Office Phone: 908-273-2991
  • Office Phone3: 287309
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2008

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Family Room, Gas Fireplace, Great Room, Living Room, Wood Burning
  • Number of Fireplaces: 4
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer, Water Softener-Own, WineRefr
  • Interior Amenities: High Ceilings, Security System, Smoke Detector
  • Number Rooms: 13
  • Bedrooms: 4
  • Master Bedroom Desc: 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, Steam
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Walkout
  • Basement Level Rooms: Exercise Room, Rec Room, Utility Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: Second
  • Family Room Level: Ground
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Dim: 12x25
  • Kitchen Level: First
  • Living Room Dim: 16x14
  • Living Room Level: First
  • Other Room 1: Office
  • Other Room1 Dim: 25x12
  • Other Room1 Level: Ground
  • Other Room 2: Great Room
  • Other Room2 Dim: 18x14
  • Other Room2 Level: First
  • Other Room 3: Rec Room
  • Other Room3 Dim: 20x24
  • Other Room3 Level: Basement
  • Other Room 4: Exercise Room
  • Other Room4 Dim: 30x12
  • Other Room4 Level: Basement
  • Other Level Rooms: GarEnter
  • Level 1 Rooms: Dining Room, Foyer, Great Room, Kitchen, Living Room
  • Level 2 Rooms: 4 Or More Bedrooms, Attic, Bath Main, Bath(s) Other, SittngRm
  • Estimated Sq Ft: 5000
  • Ground Level Rooms: Family Room, MudRoom, Office, Powder Room, Walkout
  • Phone: 908-273-2991

Exterior Features

  • Exterior Description: Stone, Wood Shingle
  • Exterior Features: Gazebo, Metal Fence, Open Porch(es), Patio, Storage Shed, Storm Door(s), Thermal Windows/Doors, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Loft Storage, Oversize Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: 2 Car Width, Blacktop, Paver Block

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

Condo/Co-op/Association

  • Amenities: Exercise Room, Storage

Schools

  • Elementary School: OAK ST
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: .94AC
  • Assessed Improvement Value: 479400
  • Assessed Land Value: 387900
  • Assessment: 867300
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 34
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.94

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 18161
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-02701-0000-00034-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.094
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: OAK ST

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
May 26, 2021
Sold by
Molnar James and Molnar Ann Marie
Bought by
Luk Albert and Luk Liza Lee
Seller's Agent
SCOTT J. MENNIG
KELLER WILLIAMS REALTY
Buyer's Agent
SHIRA ROST
COMPASS NEW JERSEY, LLC
List Price
$1,295,000
Sold Price
$1,250,000
Premium/Discount to List
-$45,000
-3.47%
Total Days on Market
20
Current Estimated Value
$1,684,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$434,634
Avg. Annual Appreciation
8.31%
Original Mortgage
$1,000,000
Outstanding Balance
$922,931
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$795,889

Purchase Details

Closed on
Jan 15, 1998
Sold by
Deltzcher Kalvin
Bought by
Molnar Jams and Molnar Anne Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7.11%

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
Luk Albert $1,250,000 Simplicity Title Llc
Molnar Jams $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luk Albert $1,000,000
Previous Owner Molnar Jams $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $1,250,000 +4.6% $250 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
03/08/2021 03/08/21 Price Changed $1,195,000 -7.7% $239 / Sq Ft
02/25/2021 02/25/21 For Sale $1,295,000 -- $259 / 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
2024 $23,052 $1,295,800 $388,500 $907,300
2023 $23,234 $1,231,900 $388,500 $843,400
2022 $23,305 $1,158,900 $388,500 $770,400
2021 $17,223 $1,076,900 $388,500 $688,400
2020 $18,161 $867,300 $387,900 $479,400
2019 $17,712 $870,800 $387,900 $482,900
2018 $16,952 $845,500 $392,600 $452,900
2017 $16,819 $845,600 $392,600 $453,000
2016 $15,791 $809,400 $392,600 $416,800
2015 $15,453 $806,500 $382,600 $423,900
2014 $14,948 $772,900 $338,200 $434,700
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    SCOTT J. MENNIG

    KELLER WILLIAMS REALTY

  • S

    Buyer's Agent in 2021

    SHIRA ROST

    COMPASS NEW JERSEY, LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3694148

Garden State MLS

APN: 02-02701-0000-00034

New Jersey Somerset County Basking Ridge 07920

141 Spencer Rd, Basking Ridge, NJ

Homes for Sale in Basking Ridge, NJ

This home is located at 141 Spencer Rd, Basking Ridge, NJ 07920 since 25 February 2021 and is currently estimated at $1,684,634, approximately $336 per square foot. This property was built in 1954. 141 Spencer Rd is a home located in Somerset County with nearby schools including Oak Street Elementary School, William Annin Middle School, and Ridge High School.

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