NOT LISTED FOR SALE

16 Hamilton Rd Basking Ridge, NJ 07920

Estimated Value: $1,235,000 - $1,461,000

4 Beds
3.5 Baths
-- Sq Ft
0.3 Acres

Last Sold March 15, 2021

Last sale price $935,000

Est. 45% increase in value since last sale

Current estimated payment $8,847/month

23 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Cathedral Ceiling
  • Mount Prospect Elementary School Rated A
  • Recreation Room
  • Wood Flooring

About This Home

As of March 2021

Spectacular Colonial in Gatehouse section of Basking Ridge greets you w/ a 2-story entry. 1st floor has office, living room, dining room, 2-story family room w/ fireplace & ample windows. Updated eat-in-kitchen w/ SS appliances, granite counter tops & large center island. 1st floor also includes 9ft ceilings & hardwood floors thruout. 2nd floor offers grand master-suite w/ spa like bath & walk-in closet. 3 spare rooms w/ walk-in closets complete this level. Large finished basement for all entertaining needs. Roof 2018 with 5 years workmanship guarantee which can be transferred to next owner. Insulate garage door 2018.

Last Agent to Sell the Property

Siu Wong

KL SOTHEBY'S INT'L. REALTY Listed on: 01/09/2021

KL SOTHEBY'S INT'L. REALTY

Last Buyer's Agent

CHENGBO YIN

REALMART REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,677

Year Built

  • Built in 1996

Lot Details

  • 0.3 Acre Lot
  • Open Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Wood Shingle Roof

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Thermal Windows
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Game Room
  • Storage Room
  • Laundry Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Electric Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck

Schools

  • Mtprospect Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Two Cooling Systems Mounted To A Wall/Window
  • Underground Utilities
  • Standard Electricity
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-09704-0000-00003-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,677

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1996
  • Year Built Description: Approximate
  • County Name: Somerset
  • Exclusions: Washer,Dryer
  • Renovated Year: 2012
  • Street Number Display: 16
  • Directions: Allen Road to Hamilton Rd
  • I D: 5040732
  • Modified: 2022-03-16
  • Number Images: 23
  • Section Subdiv Development: Gateway 11
  • First Name: SIU Y.
  • First Name3: CHENGBO
  • Last Name: WONG
  • Last Name3: YIN
  • Office Phone: 908-754-1500
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2012

Interior Features

  • Flooring: Carpeting, Wood
  • Fireplace Description: Family Room, Gas Fireplace
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Disposal, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Electric, Refrigerator, OvnWElec
  • Interior Amenities: Blinds, Carbon Monoxide Detector, Cathedral Ceiling, Fire Extinguisher, Smoke Detector, Walk-In Closet, Window Treatments
  • Number Rooms: 9
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath, 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 And Tub
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished, Full
  • Basement Level Rooms: Bath(s) Other, GameRoom, Rec Room, Storage Room
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen, Pantry
  • Kitchen Dim: 21x12
  • Kitchen Level: First
  • Living Room Dim: 14x13
  • Living Room Level: First
  • Level 1 Rooms: Den, Dining Room, Family Room, Foyer, Great Room, Kitchen, Laundry Room, Living Room, Powder Room
  • Level 2 Rooms: 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Phone: 908-754-1500

Exterior Features

  • Exterior Description: Brick, Wood Shingle
  • Exterior Features: Deck, Thermal Windows/Doors, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Built-In Garage, Garage Door Opener, Oversize Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: 2 Car Width, Blacktop

Utilities

  • Cooling: 2 Units, Ceiling Fan, Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Forced Hot Air, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Maintenance Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Size: 0.30AC
  • Assessed Improvement Value: 560800
  • Assessed Land Value: 299000
  • Assessment: 859800
  • Easement: Unknown
  • Lot Description: Open Lot
  • Lot Identifier: 3
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.30
  • Zoning: Res

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 17677
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-09704-0000-00003-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.034
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: MTPROSPECT

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2021
Closed on
Mar 12, 2021
Sold by
Wu Lizhao and Nie Judy G
Bought by
Cheng Yaofeng and Zhou Weiying
Seller's Agent
Siu Wong
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
CHENGBO YIN
REALMART REALTY
List Price
$965,000
Sold Price
$935,000
Premium/Discount to List
-$30,000
-3.11%
Current Estimated Value
$1,356,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$421,878
Avg. Annual Appreciation
8.51%
Original Mortgage
$748,000
Outstanding Balance
$673,888
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$682,990

Purchase Details

Closed on
Mar 26, 2018
Sold by
Wu Lizhao and Nie Judy G
Bought by
Wu Lizhao and Nie Judy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$523,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 15, 2008
Sold by
Ryan Gail T and Ryan Michael W
Bought by
Wu Lizhao and Nie Judy Guangfeng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$666,800
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 1997
Sold by
The Hills Devt
Bought by
Ryan Michael and Ryan Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
7.77%
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
Cheng Yaofeng $935,000 None Available
Wu Lizhao -- First American Mortgage Solu
Wu Lizhao $833,500 Fidelity National Title Ins
Ryan Michael $436,677 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng Yaofeng $748,000
Previous Owner Wu Lizhao $523,000
Previous Owner Wu Lizhao $666,800
Previous Owner Ryan Michael $348,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2021 03/15/21 Sold $935,000 -3.1% --
02/01/2021 02/01/21 Pending -- -- --
01/09/2021 01/09/21 For Sale $965,000 -- --
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 $19,839 $1,216,500 $339,000 $877,500
2024 $19,839 $1,115,200 $304,000 $811,200
2023 $19,497 $1,033,800 $304,000 $729,800
2022 $18,618 $925,800 $299,000 $626,800
2021 $18,004 $875,000 $299,000 $576,000
2020 $18,004 $859,800 $299,000 $560,800
2019 $17,677 $869,100 $302,000 $567,100
2018 $17,425 $869,100 $302,000 $567,100
2017 $17,386 $874,100 $302,000 $572,100
2016 $17,635 $903,900 $302,000 $601,900
2015 $16,748 $874,100 $287,000 $587,100
2014 $16,698 $863,400 $287,000 $576,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3686198

Garden State MLS

APN: 02-09704-0000-00003