178 Locust Ln Basking Ridge, NJ 07920
Estimated Value: $558,000 - $593,562
Studio
--
Bath
1,357
Sq Ft
$422/Sq Ft
Est. Value
About This Home
This home is located at 178 Locust Ln, Basking Ridge, NJ 07920 and is currently estimated at $572,141, approximately $421 per square foot. 178 Locust Ln is a home located in Somerset County with nearby schools including Liberty Corner Elementary School, William Annin Middle School, and Ridge High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 28, 2008
Sold by
Atkinson Bunce D
Bought by
Schottenfeld Roseanne
Current Estimated Value
Purchase Details
Closed on
Apr 16, 1998
Sold by
Saloman Mark A
Bought by
Schottenfeld Mark and Schottenfeld Roseann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.12%
Purchase Details
Closed on
Jun 3, 1994
Sold by
Cedar Dev Corp
Bought by
Saloman Mark and Saloman Laurie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
8.55%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schottenfeld Roseanne | $25,000 | None Available | |
| Schottenfeld Mark | $180,000 | -- | |
| Saloman Mark | $169,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Schottenfeld Mark | $144,000 | |
| Previous Owner | Saloman Mark | $130,000 |
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 | $8,208 | $551,700 | $175,000 | $376,700 |
| 2024 | $8,208 | $461,400 | $175,000 | $286,400 |
| 2023 | $8,321 | $441,200 | $175,000 | $266,200 |
| 2022 | $8,480 | $421,700 | $175,000 | $246,700 |
| 2021 | $7,986 | $378,800 | $175,000 | $203,800 |
| 2020 | $7,913 | $377,900 | $175,000 | $202,900 |
| 2019 | $7,520 | $369,700 | $175,000 | $194,700 |
| 2018 | $7,176 | $357,900 | $175,000 | $182,900 |
| 2017 | $7,119 | $357,900 | $175,000 | $182,900 |
| 2016 | $6,983 | $357,900 | $175,000 | $182,900 |
| 2015 | $6,802 | $355,000 | $170,000 | $185,000 |
| 2014 | $6,639 | $343,300 | $175,000 | $168,300 |
Source: Public Records
Map
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