NOT LISTED FOR SALE

160 Spencer Rd Basking Ridge, NJ 07920

Estimated Value: $996,000 - $1,071,000

4 Beds
3 Baths
1,976 Sq Ft
$525/Sq Ft Est. Value

Last Sold April 14, 2023

Last sale price $805,000 $407 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $6,672/month

9 Days on Market

About This Home

As of April 2023

This home is located at 160 Spencer Rd, Basking Ridge, NJ 07920 since 15 February 2023 and is currently estimated at $1,037,646, approximately $525 per square foot. This property was built in 1953. 160 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.

Last Agent to Sell the Property

Marcy Borcherding

COLDWELL BANKER REALTY Brokerage Phone: 908-766-0808 Listed on: 02/15/2023

COLDWELL BANKER REALTY

Co-Listed By

Haley Borcherding

COLDWELL BANKER REALTY Brokerage Phone: 908-766-0808

Last Buyer's Agent

Lois Gross

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,049

Year Built

  • Built in 1953

Lot Details

  • 0.72 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,049

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Year Built: 1953
  • County Name: Somerset
  • Street Number Display: 160
  • I D: 5202943
  • Modified: 2024-04-15
  • Number Images: 1
  • Attribution Contact: 908-766-0808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 3.00

Lot Info

  • Lot Size: .72AC
  • Total Acres: 0.72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2023
Closed on
Mar 31, 2023
Sold by
Klein Petra B
Bought by
Kneis Brian and Stahl-Yohalem Leila
Seller's Agent
Marcy Borcherding
COLDWELL BANKER REALTY
Buyer's Agent
Lois Gross
COLDWELL BANKER REALTY
List Price
$749,000
Sold Price
$805,000
Premium/Discount to List
$56,000
7.48%
Views
132
Current Estimated Value
$1,037,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,646
Avg. Annual Appreciation
10.87%
Original Mortgage
$640,000
Outstanding Balance
$622,632
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$415,014
Source: Public Records

Range of Values:

Collateral Analytics

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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
Kneis Brian $805,000 Wfg National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kneis Brian $640,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2023 04/14/23 Sold $805,000 +7.5% $407 / Sq Ft
02/27/2023 02/27/23 Pending -- -- --
02/17/2023 02/17/23 For Sale $749,000 -- $379 / 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 $14,049 $875,000 $418,000 $457,000
2024 $14,049 $789,700 $383,000 $406,700
2023 $14,147 $750,100 $383,000 $367,100
2022 $14,365 $714,300 $383,000 $331,300
2021 $14,586 $691,300 $383,000 $308,300
2020 $13,929 $665,200 $380,200 $285,000
2019 $13,616 $669,400 $380,200 $289,200
2018 $13,480 $672,300 $383,800 $288,500
2017 $13,468 $677,100 $383,800 $293,300
2016 $13,095 $671,200 $383,800 $287,400
2015 $12,747 $665,300 $373,800 $291,500
2014 $11,881 $614,300 $331,600 $282,700
Source: Public Records

Agents Affiliated with this Home

  • Marcy Borcherding

    Seller's Agent in 2023

    Marcy Borcherding

    COLDWELL BANKER REALTY

    (908) 752-8865

    22 in this area

    88 Total Sales

    Marcy Borcherding
    Section Image
  • Haley Borcherding

    Seller Co-Listing Agent in 2023

    Haley Borcherding

    COLDWELL BANKER REALTY

    (908) 963-7347

    5 in this area

    21 Total Sales

    Haley Borcherding
    Section Image
  • Lois Gross

    Buyer's Agent in 2023

    Lois Gross

    COLDWELL BANKER REALTY

    (908) 672-1847

    8 in this area

    18 Total Sales

    Lois Gross
    Section Image
  • Kim Geary

    Buyer Co-Listing Agent in 2023

    Kim Geary

    COLDWELL BANKER REALTY

    (908) 872-3334

    9 in this area

    27 Total Sales

    Kim Geary
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3828819

Garden State MLS

APN: 02-02702-0000-00007

New Jersey Somerset County Basking Ridge 07920

160 Spencer Rd, Basking Ridge, NJ

This home is located at 160 Spencer Rd, Basking Ridge, NJ 07920 since 15 February 2023 and is currently estimated at $1,037,646, approximately $525 per square foot. This property was built in 1953. 160 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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