NOT LISTED FOR SALE

16 Fairview Dr E Basking Ridge, NJ 07920

Estimated Value: $877,000 - $1,000,000

3 Beds
2.5 Baths
965 Sq Ft
$989/Sq Ft Est. Value

Last Sold September 12, 2019

Last sale price $593,741 $615 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $6,162/month

54 Days on Market

Highlights

  • Custom Home
  • Deck
  • Marble Flooring
  • Oak Street Elementary School Rated A
  • Recreation Room
  • Cathedral Ceiling

About This Home

As of September 2019

Lovely outdoor spaces and open indoor flow give this three bedroom, 2.5 home a balanced environment. Spacious eat-in-kitchen has granite counters. Beautiful hardwood flooring throughout the home, including all bedrooms, offers easy maintenance and cleanup. Master bedroom boasts vaulted ceilings, two walk-in closets, with a third closet for more storage. Updated master bath includes a jetted tub and separate shower. Partially finished basement offers more living space with a pantry closet. Large, full-length deck off the back of the home overlooks a large private, fenced in backyard. Close to major commuter arteries, parks, restaurants, airports, and award-winning schools.

Last Agent to Sell the Property

Roxanne Formisano

KELLER WILLIAMS TOWNE SQUARE REAL Listed on: 05/08/2019

KELLER WILLIAMS TOWNE SQUARE REAL

Last Buyer's Agent

Yris Arpino

NJ REAL ESTATE BOUTIQUE LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,052

Year Renovated

  • 2017

Lot Details

  • 0.58 Acre Lot
  • Privacy Fence
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Additional Parking

Home Design

  • Custom Home
  • Colonial Architecture
  • Vinyl Siding
  • Tile

Interior Spaces

  • Cathedral Ceiling
  • Window Treatments
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Partially Finished Basement
  • Sump Pump
  • Carbon Monoxide Detectors
  • Laundry Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-04101-0000-00024-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,052

Year Renovated

2017

Lot Details

0

Parking

1

Listing Details

  • Style: Colonial, Custom Home
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built Description: Approximate
  • County Name: Somerset
  • Exclusions: front bedroom gray drapes, washer and dryer
  • Directions: Mt. Airy to Fairview Drive, bear right onto Fairview Drive East, home on the left side
  • I D: 4893470
  • Section Subdiv Development: Rebel Hill
  • First Name: ROXANNE
  • First Name3: YRIS
  • Last Name: FORMISANO
  • Last Name3: ARPINO
  • Office Phone: 908-766-0085
  • Office Phone3: 973-866-5125
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2017

Interior Features

  • Flooring: Tile, Marble, Wood
  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, CookGas, Dishwasher, Microwave Oven, Sump Pump
  • Interior Amenities: JacuzTyp, TubShowr, StallShw, Walk-In Closet, Window Treatments, Carbon Monoxide Detector, Cathedral Ceiling
  • Bedrooms: 3
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Primary Bathroom Features: Stall Shower, Jetted Tub
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Basement Level Rooms: Laundry Room, Rec Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Breakfast Bar, Eat-In Kitchen
  • Kitchen Dim: 12x19
  • Kitchen Level: First
  • Living Room Dim: 16x11
  • Living Room Level: First
  • Other Room 1: Rec Room
  • Other Room1 Dim: 22x26
  • Level 1 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other
  • Level 2 Rooms: Attic
  • Ground Level Rooms: Foyer, Living Room, Dining Room, Powder Room, Family Room, Kitchen
  • Phone: 908-766-0085

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Storage Shed, Curbs, Privacy Fence, Deck
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 1 Car Width, Additional Parking, Blacktop

Utilities

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

Lot Info

  • Lot Size: .58AC
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.58

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 12052
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-04101-0000-00024-0000-
  • Tax Rate Amount: 2.005
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2025
Sold by
Aggarwal Lokesh
Bought by
Aggarwal Lokesh and Aggarwal Payal
Current Estimated Value
$954,041

Purchase Details

Listed on
May 8, 2019
Closed on
Aug 28, 2019
Sold by
Meserole Barbara A and Havighorst Arthur P
Bought by
Aggarwal Lokesh
Seller's Agent
Roxanne Formisano
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
Yris Arpino
NJ REAL ESTATE BOUTIQUE LLC
List Price
$639,000
Sold Price
$593,741
Premium/Discount to List
-$45,259
-7.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.94%
Original Mortgage
$474,950
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 1995
Sold by
Caffrey Tim
Bought by
Meserole Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
7.71%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Aggarwal Lokesh -- Fidelity National Title
Aggarwal Lokesh -- Fidelity National Title
Aggarwal Lokesh $593,741 Title Masters Llc
Meserole Barbara $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aggarwal Lokesh $474,950
Previous Owner Meserole Barbara $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2019 09/12/19 Sold $593,741 -7.1% $615 / Sq Ft
07/01/2019 07/01/19 Pending -- -- --
05/08/2019 05/08/19 For Sale $639,000 -- $662 / 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 $13,492 $809,900 $417,400 $392,500
2024 $13,492 $758,400 $387,400 $371,000
2023 $12,749 $676,000 $362,400 $313,600
2022 $12,609 $627,000 $347,400 $279,600
2021 $12,455 $590,300 $332,400 $257,900
2020 $12,252 $585,100 $332,400 $252,700
2019 $12,328 $606,100 $332,400 $273,700
2018 $12,052 $601,100 $327,400 $273,700
2017 $11,393 $572,800 $327,400 $245,400
2016 $11,923 $611,100 $337,400 $273,700
2015 $11,804 $616,100 $337,400 $278,700
2014 $11,964 $618,600 $332,400 $286,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3555246

Garden State MLS

APN: 02-04101-0000-00024