NOT LISTED FOR SALE

16 Commonwealth Dr Unit 4 Basking Ridge, NJ 07920

Estimated Value: $427,000 - $437,835

2 Beds
2 Baths
1,050 Sq Ft
$4,740/mo HOA Fee

Last Sold April 28, 2021

Last sale price $284,000 $270 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $7,497/month

116 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • 1 Car Detached Garage
  • Cedar Hill Elementary School Rated A
  • Deck
  • En-Suite Primary Bedroom

About This Home

As of April 2021

Basement is large with walk in cedar closet Sewer is paid Bi-annually

Last Agent to Sell the Property

FIONA WALKER

WEICHERT REALTORS Listed on: 11/23/2020

Last Buyer's Agent

KAREN LYMAN

PROMINENT PROPERTIES SIR

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,023

Year Built

  • Built in 1986

Lot Details

  • 392

HOA Fees

  • $4,740 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Additional Parking
  • Parking Lot

Home Design

  • Siding
  • Composite Building Materials

Interior Spaces

  • 1-Story Property
  • Family or Dining Combination
  • Unfinished Basement

Kitchen

  • Electric Oven or Range
  • Microwave

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Separate Shower

Home Security

Outdoor Features

  • Private Pool
  • Deck

Schools

  • W Annin Middle School
  • Ridge High School

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-08603-0000-00016-0000-CONDO

Community Details

Overview

  • Association fees include maintenance-common area, maintenance-exterior, snow removal, trash collection

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Cats Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,023

Year Built

Built in 1986

Lot Details

0

HOA Fees

$4,740 per month

Parking

1

Listing Details

  • Style: One Floor Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1986
  • Year Built Description: Approximate
  • County Name: Somerset
  • Directions: Route 78 west to King George RD Left on Spring Ridge Blvd. Right on Commonwealth; first left. Unit 16
  • I D: 5034036
  • First Name: FIONA
  • First Name3: KAREN
  • Last Name: WALKER
  • Last Name3: LYMAN
  • Office Phone3: 908-273-8088
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Vinyl-Linoleum
  • Appliances: Carbon Monoxide Detector, Microwave Oven, Range/Oven-Electric, Refrigerator, Stackable Washer/Dryer
  • Interior Amenities: Carbon Monoxide Detector, Smoke Detector, StallShw
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath
  • Bedroom 2 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished
  • Dining Room Level: Second
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Separate Dining Area
  • Kitchen Dim: 11x11
  • Kitchen Level: Second
  • Living Room Dim: 19x12
  • Living Room Level: Third
  • Other Room 1: Storage Room
  • Phone: 973-543-6511

Exterior Features

  • Exterior Description: Composition Siding
  • Exterior Features: Deck, Sidewalk, Tennis Courts
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 1
  • Parking Driveway Description: 1 Car Width, Additional Parking, Parking Lot-Shared

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Association
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Club House, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 4740
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Trash Collection

Fee Information

  • Other Fee Freqency: R
  • Other Fees: 500

Schools

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

Lot Info

  • Lot Size: WASHINGTON VILLAGE
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Pets Allowed: CatsOK

Tax Info

  • Tax Acres: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5023
  • Assessor Parcel Number: 2702-08603-0000-00016-0000-CONDO
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.030
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2020
Closed on
Apr 23, 2021
Sold by
Walker Gabriel and Walker Carol
Bought by
Ward Robin
Seller's Agent
FIONA WALKER
WEICHERT REALTORS
Buyer's Agent
KAREN LYMAN
PROMINENT PROPERTIES SIR
List Price
$295,000
Sold Price
$284,000
Premium/Discount to List
-$11,000
-3.73%
Current Estimated Value
$433,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,459
Avg. Annual Appreciation
9.33%
Original Mortgage
$254,000
Outstanding Balance
$227,835
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$205,624

Purchase Details

Closed on
May 25, 2010
Sold by
Walker Nicholas and Walker Fiona
Bought by
Walker Gabriel and Walker Carol

Purchase Details

Closed on
Apr 17, 2007
Sold by
Germaine Donald C
Bought by
Walker Nicholas

Purchase Details

Closed on
Jul 26, 2000
Sold by
Vantassel Christine
Bought by
Germaine Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
8.1%

Purchase Details

Closed on
Nov 5, 1999
Sold by
Balcerski Katherine
Bought by
Vantassel Christine
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ward Robin $284,000 Acres Land Title Agency Inc
Walker Gabriel -- None Available
Walker Nicholas $290,000 Vested Title Inc
Germaine Donald $190,000 --
Vantassel Christine $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ward Robin $254,000
Previous Owner Germaine Donald $78,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2021 04/28/21 Sold $284,000 -1.7% $270 / Sq Ft
03/19/2021 03/19/21 Pending -- -- --
01/03/2021 01/03/21 Price Changed $289,000 -2.0% $275 / Sq Ft
11/23/2020 11/23/20 For Sale $295,000 -- $281 / 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 $6,074 $389,300 $140,000 $249,300
2024 $6,074 $341,400 $124,000 $217,400
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2021

    FIONA WALKER

    WEICHERT REALTORS

  • K

    Buyer's Agent in 2021

    KAREN LYMAN

    PROMINENT PROPERTIES SIR

See All Agents

Map

Source: Garden State MLS

MLS Number: 3680073

Garden State MLS

APN: 02-08603-0000-00016-0000-CONDO

New Jersey Somerset County Basking Ridge 07920

16 Commonwealth Dr Unit 4, Basking Ridge, NJ

Not Listed for Sale

Condos

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