$475,000
SOLD DEC 16, 2024

168 Locust Ln Unit 11168 Basking Ridge, NJ 07920

2 Beds
3 Baths
-- Sq Ft
1,176 Sq Ft Lot

Recently Sold

3% Below List Price

18 Days on Market

About This Home

As of December 2024

This home is located at 168 Locust Ln Unit 11168, Basking Ridge, NJ 07920 and is currently priced at $475,000. This property was built in 1993. 168 Locust Ln Unit 11168 is a home located in Somerset County with nearby schools including Liberty Corner Elementary School, William Annin Middle School, and Ridge High School.

Last Agent to Sell the Property

CHRISTOPHER KVEDERAS

KL SOTHEBY'S INT'L. REALTY Brokerage Phone: 973-952-6200 Listed on: 10/28/2024

Co-Listed By

WILLIAM CAREY

KL SOTHEBY'S INT'L. REALTY Brokerage Phone: 973-952-6200

Last Buyer's Agent

ALMA AGUAYO

WEICHERT REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,385

Year Built

  • Built in 1993

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,385

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Year Built: 1993
  • County Name: Somerset
  • Street Number Display: 168
  • I D: 5315743
  • Modified: 2025-05-06
  • Number Images: 1
  • Attribution Contact: 973-952-6200
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 2.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2024
Closed on
Dec 12, 2024
Sold by
Weiss Richard
Bought by
168 Locust Lane Llc
Seller's Agent
CHRISTOPHER KVEDERAS
KL SOTHEBY'S INT'L. REALTY
Buyer's Agent
ALMA AGUAYO
WEICHERT REALTORS
List Price
$489,000
Sold Price
$475,000
Premium/Discount to List
-$14,000
-2.86%
Views
34
Current Estimated Value
$497,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,760
Avg. Annual Appreciation
6.10%

Purchase Details

Closed on
Nov 8, 2008
Sold by
Marrey Ramesh V and Marrey Dipali
Bought by
Weiss Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 2003
Sold by
Gomes Josette
Bought by
Marrey Ramesh

Purchase Details

Closed on
Jan 31, 1994
Sold by
Devt Cedars
Bought by
Gomes Josette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.18%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $475,000 Main Street Title
Deed $475,000 Main Street Title
Bargain Sale Deed $370,000 First American Title Ins Co
Deed $325,000 --
Deed $159,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $80,000 Purchase Money Mortgage
Previous Owner $120,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2024 12/16/24 Sold $475,000 -2.9% --
11/15/2024 11/15/24 Pending -- -- --
10/28/2024 10/28/24 For Sale $489,000 -- --
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 $7,385 $470,300 $175,000 $295,300
2024 $7,385 $415,100 $175,000 $240,100
2023 $7,359 $390,200 $175,000 $215,200
2022 $7,519 $373,900 $175,000 $198,900
2021 $6,689 $341,500 $175,000 $166,500
2020 $7,128 $340,400 $175,000 $165,400
2019 $6,891 $338,800 $175,000 $163,800
2018 $6,763 $337,300 $175,000 $162,300
2017 $6,739 $338,800 $175,000 $163,800
2016 $6,686 $342,700 $175,000 $167,700
2015 $6,424 $335,300 $170,000 $165,300
2014 $6,520 $337,100 $175,000 $162,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3931466

Garden State MLS

APN: 02-09001-0000-00011-07-CONDO