NOT LISTED FOR SALE

17 Wayne Terrace Basking Ridge, NJ 07920

Estimated Value: $1,409,000 - $1,529,625

4 Beds
4.5 Baths
2,056 Sq Ft
$714/Sq Ft Est. Value

Last Sold October 17, 2018

Last sale price $940,000 $457 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $9,696/month

74 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Cathedral Ceiling
  • Oak Street Elementary School Rated A
  • Family Room with Fireplace
  • 3-minute walk to Rebel Hill Park

About This Home

As of October 2018

Gorgeous 8 year old 4/5 bedroom Custom Colonial with solar panels & a beautiful level yard. Per township living area square footage is 3,504 and 1,022 in the lower level. Walking distance to a park Move into this newer home with open floor plan. Hardwood floors on first and second level, kitchen has stainless appliances, granite counters, island, breakfast area with sliders to a private deck. Family room has high ceilings, built-in cabinets, custom stone fireplace, Media room has custom built-in cabinets with a wet bar. The second level has a large master suite, walk-in closet, his and her sinks with soaking tub and three nice size bedrooms with two additional baths. The walk-out lower level has a full bath, recreation room with fireplace & sliders to the outside and an office.

Last Agent to Sell the Property

Roxanne Formisano

KELLER WILLIAMS TOWNE SQUARE REAL Listed on: 06/14/2018

KELLER WILLIAMS TOWNE SQUARE REAL

Last Buyer's Agent

MARIA LEVINE

KL SOTHEBY'S INT'L. REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,183

Lot Details

  • 0.8 Acre Lot
  • Level Lot
  • Open Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Colonial Architecture
  • Composition Shingle Roof
  • Vinyl Siding
  • Clapboard
  • Tile

Interior Spaces

  • Wet Bar
  • Cathedral Ceiling
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Recreation Room with Fireplace
  • Storage Room
  • Laundry Room
  • Finished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector

Kitchen

  • 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

Outdoor Features

  • Deck

Schools

  • Oak St Elementary School
  • W Annin Middle School
  • Ridge High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Zoned Heating
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2702-04102-0000-00014-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,183

Lot Details

0

Parking

3

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built Description: Approximate
  • County Name: Somerset
  • Exclusions: swing set, basketball hoop, washer/dryer
  • Street Number Display: 17
  • Directions: Mount Airy Road to Fairview Drive South to right on Wayne Terrace, home on left.
  • I D: 4813302
  • Modified: 2021-09-23
  • Number Images: 25
  • First Name: ROXANNE
  • First Name3: MARIA
  • Last Name: FORMISANO
  • Last Name3: LEVINE
  • Office Phone: 908-766-0085
  • Office Phone3: 973-543-3500
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Fireplace Description: Rec Room, Family Room
  • Number of Fireplaces: 2
  • Appliances: Refrigerator, OvnWGas, CookGas, Dishwasher, Kitchen Exhaust Fan, Microwave Oven
  • Interior Amenities: Bar-Wet, JacuzTyp, Walk-In Closet, Fire Extinguisher, Carbon Monoxide Detector, Cathedral Ceiling, Smoke Detector
  • Number Rooms: 13
  • 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: Stall Shower And Tub, Jetted Tub
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Walkout, Finished
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Den Level: First
  • Family Room Level: First
  • Kitchen Area: Center Island, Separate Dining Area
  • Kitchen Dim: 13x14
  • Kitchen Level: First
  • Living Room Dim: 22x13
  • Living Room Level: First
  • Other Room 1: Media Room
  • Other Room1 Dim: 21x17
  • Other Room1 Level: Ground
  • Other Room 2: Office
  • Other Room2 Dim: 14x11
  • Other Room2 Level: Ground
  • Other Room 3: Rec Room
  • Other Room3 Dim: 16x33
  • Level 1 Rooms: Breakfast Room, Foyer, Den, Living Room, Dining Room, Powder Room, Family Room, Kitchen
  • Level 2 Rooms: Laundry Room, 4 Or More Bedrooms, Bath Main, Bath(s) Other
  • Ground Level Rooms: Office, Walkout, Storage Room, Powder Room, Rec Room
  • Phone: 908-766-0085

Exterior Features

  • Exterior Description: Vinyl Siding, Clapboard
  • Exterior Features: Deck
  • Roof Description: Composition Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 3
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: 2 Units
  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas

Schools

  • Elementary School: OAK ST
  • Middle School: W ANNIN
  • High School: RIDGE
  • High School: RIDGE
  • Middle Jr High School: W ANNIN

Lot Info

  • Lot Size: .80AC
  • Assessed Improvement Value: 630500
  • Assessed Land Value: 334000
  • Assessment: 964500
  • Easement: Unknown
  • Lot Description: Level Lot, Open Lot
  • Lot Identifier: 14
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.80
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 19183
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2702-04102-0000-00014-0000-
  • Tax Rate Amount: 1.989
  • Tax Rate Tax: *
  • Tax Rate Year: 2017
  • Tax Year Tax: *
  • Tax Year: 2017

MLS Schools

  • Grade School: OAK ST

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2018
Closed on
Oct 2, 2018
Sold by
Mckown Jeremy and Mckown Julie
Bought by
Rothbard Jared and Rothbard Lina Marie
Seller's Agent
Roxanne Formisano
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
MARIA LEVINE
KL SOTHEBY'S INT'L. REALTY
List Price
$1,050,000
Sold Price
$940,000
Premium/Discount to List
-$110,000
-10.48%
Current Estimated Value
$1,468,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$528,156
Avg. Annual Appreciation
6.62%
Original Mortgage
$750,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 11, 2011
Sold by
Miscia Thomas J
Bought by
Mckown Jeremy K and Mckown Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,000
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2009
Sold by
Howat Lucy M and Howat James C
Bought by
Miscia Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.85%
Mortgage Type
Construction
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
Rothbard Jared $940,000 First American Title
Mckown Jeremy K $975,000 New Jersey Title Ins Co
Miscia Thomas J $450,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rothbard Jared $760,000
Closed Rothbard Jared $750,000
Closed Rothbard Jared $750,000
Previous Owner Mckown Jeremy $625,500
Previous Owner Mckown Jeremy K $729,000
Previous Owner Mckown Jeremy K $729,000
Previous Owner Miscia Thomas J $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2018 10/17/18 Sold $940,000 -10.5% $457 / Sq Ft
08/27/2018 08/27/18 Pending -- -- --
06/14/2018 06/14/18 For Sale $1,050,000 -- $511 / 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
2024 $20,540 $1,154,600 $394,000 $760,600
2023 $19,448 $1,031,200 $369,000 $662,200
2022 $19,207 $955,100 $354,000 $601,100
2021 $19,539 $926,000 $339,000 $587,000
2020 $19,376 $925,300 $339,000 $586,300
2019 $19,105 $939,300 $339,000 $600,300
2018 $19,521 $973,600 $334,000 $639,600
2017 $19,184 $964,500 $334,000 $630,500
2016 $18,964 $972,000 $344,000 $628,000
2015 $18,779 $980,100 $344,000 $636,100
2014 $19,123 $988,800 $339,000 $649,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3479578

Garden State MLS

APN: 02-04102-0000-00014