NOT LISTED FOR SALE

154 Old Farm Rd Basking Ridge, NJ 07920

Estimated Value: $1,788,000 - $2,021,000

5 Beds
3.5 Baths
2,220 Sq Ft
$869/Sq Ft Est. Value

Last Sold March 24, 2016

Last sale price $750,000 $338 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $12,952/month

77 Days on Market

Highlights

  • Home Theater
  • 3 Acre Lot
  • Recreation Room
  • Oak Street Elementary School Rated A
  • Colonial Architecture
  • Wood Flooring

About This Home

As of March 2016

Located on one of the prettiest lanes in Basking Ridge, this charming colonial has great bones, hand painted murals, a wood-burning fireplace, hardwood flooring, and a 2-story Library addition. Kitchen has quality cherry cabinetry with room for expansion. Five bedrooms, 2 full baths on second level. Possible 1st floor master with 1.5 baths on first level. Spacious walkout lower level is partially finished with a beautiful workshop! Screened porch for three season enjoyment. Make this home your own!

Last Agent to Sell the Property

SUSAN FAZIO

KELLER WILLIAMS TOWNE SQUARE REAL Listed on: 11/06/2015

Last Buyer's Agent

CHRISTOPHER MOLLOY

BHHS FOX & ROACH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,196

Year Built

  • Built in 1948

Lot Details

  • 3

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Wood Siding

Interior Spaces

  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Library
  • Recreation Room
  • Wood Flooring
  • Attic

Kitchen

  • Country Kitchen
  • Butlers Pantry
  • Recirculated Exhaust Fan
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Powder Room
  • In-Law or Guest Suite
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

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
  • Well
  • Septic System

Additional Features

  • Enclosed Patio or Porch
  • 3 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 2702-00202-0000-00016-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,196

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1948
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 154
  • Directions: Route 202 to Childs Road to Old Farm Road OR Old Army Road to Old Farm Road
  • I D: 4580628
  • Modified: 2021-09-23
  • Number Images: 21
  • First Name: SUSAN
  • First Name3: CHRISTOPHER
  • Last Name: FAZIO
  • Last Name3: MOLLOY
  • Office Phone: 908-766-0085
  • Office Phone3: 908-580-5000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: OvnWElec, CookElec, Refrigerator, Washer, Dishwasher, Kitchen Exhaust Fan, Dryer
  • Number Rooms: 13
  • Bedrooms: 5
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Tub Shower
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Finished-Partially
  • Basement Level Rooms: Laundry Room, Media Room, Rec Room, Walkout
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Living Room, Full Bath
  • Kitchen Area: Country Kitchen, Pantry
  • Kitchen Dim: 12x16
  • Kitchen Level: First
  • Living Room Dim: 26x15
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 14x15
  • Other Room1 Level: Second
  • Other Room 2: Library
  • Other Room2 Dim: 23x13
  • Other Room2 Level: First
  • Other Room 3: Florida/3Season
  • Other Room3 Dim: 17x11
  • Other Room3 Level: First
  • Other Room 4: Rec Room
  • Other Room4 Dim: 20x34
  • Other Room4 Level: Basement
  • Level 1 Rooms: Foyer, Library, Office, Living Room, Pantry, Den, Kitchen, Porch, Bath(s) Other, Dining Room, Powder Room
  • Level 2 Rooms: Bath Main, 4 Or More Bedrooms, Bath(s) Other
  • Level 3 Rooms: Attic
  • Phone: 908-766-0085

Exterior Features

  • Exterior Description: Wood
  • Exterior Features: Enclosed Porch(es)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: Blacktop

Utilities

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

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: 3.00AC
  • Assessed Improvement Value: 566300
  • Assessed Land Value: 475000
  • Assessment: 1041300
  • Easement: Unknown
  • Lot Identifier: 16
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 3.00
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 19196
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-00202-0000-00016-0000-
  • Tax Rate Amount: 1.934
  • Tax Rate Tax: *
  • Tax Rate Year: 2015
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: OAK ST

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2020
Sold by
Cohen David and Patel Cohen Mital
Bought by
Cohen David and Patel Cohen Mital
Total Days on Market
77
Current Estimated Value
$1,928,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Outstanding Balance
$687,355
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,234,400

Purchase Details

Closed on
Jan 17, 2019
Sold by
Nuotare Investments Llc
Bought by
Cohen David and Patel Cohen Mital

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Nov 6, 2015
Closed on
Mar 24, 2016
Sold by
Indig Benjamin C
Bought by
Nuotare Investments Llc
Seller's Agent
SUSAN FAZIO
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
CHRISTOPHER MOLLOY
BHHS FOX & ROACH
List Price
$899,000
Sold Price
$750,000
Premium/Discount to List
-$149,000
-16.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.50%
Original Mortgage
$750,000
Interest Rate
3.62%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Cohen David -- Two Rivers Title Company
Cohen David $1,250,000 Westcor Land Title Ins Co
Nuotare Investments Llc $750,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cohen David $268,000
Open Cohen David $765,000
Closed Cohen David $875,000
Previous Owner Nuotare Investment Llc $150,000
Previous Owner Nuotare Investments Llc $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2016 03/24/16 Sold $750,000 -16.6% $338 / Sq Ft
01/22/2016 01/22/16 Pending -- -- --
11/06/2015 11/06/15 For Sale $899,000 -- $405 / 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 $29,309 $1,647,500 $407,500 $1,240,000
2023 $29,476 $1,562,900 $394,800 $1,168,100
2022 $25,230 $1,254,600 $403,800 $850,800
2021 $25,966 $1,230,600 $395,300 $835,300
2020 $25,264 $1,206,500 $386,300 $820,200
2019 $24,766 $1,217,600 $409,500 $808,100
2018 $16,547 $825,300 $460,000 $365,300
2017 $16,586 $833,900 $460,000 $373,900
2016 $17,163 $879,700 $460,000 $419,700
2015 $19,701 $1,041,300 $475,000 $566,300
2014 $19,196 $1,005,500 $475,000 $530,500
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    SUSAN FAZIO

    KELLER WILLIAMS TOWNE SQUARE REAL

  • C

    Buyer's Agent in 2016

    CHRISTOPHER MOLLOY

    BHHS FOX & ROACH

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Map

Source: Garden State MLS

MLS Number: 3264910

Garden State MLS

APN: 02-00202-0000-00016

New Jersey Somerset County Basking Ridge 07920

154 Old Farm Rd, Basking Ridge, NJ

This home is located at 154 Old Farm Rd, Basking Ridge, NJ 07920 since 06 November 2015 and is currently estimated at $1,928,982, approximately $868 per square foot. This property was built in 1948. 154 Old Farm 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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