NOT LISTED FOR SALE

197 Locust Ln Basking Ridge, NJ 07920

Estimated Value: $525,000 - $604,319

-- Bed
-- Bath
1,357 Sq Ft
$413/Sq Ft Est. Value

About This Home

This home is located at 197 Locust Ln, Basking Ridge, NJ 07920 and is currently estimated at $560,830, approximately $413 per square foot. 197 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
Jun 13, 2000
Sold by
Bergamasco Thomas
Bought by
Johnson Alden and Havrilla Anne
Current Estimated Value
$560,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,200
Interest Rate
8.48%

Purchase Details

Closed on
Jun 29, 1994
Sold by
Cedar Deve Corp
Bought by
Bergamasco Thomas and Bergamasco Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
8.51%

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Johnson Alden $229,900 --
Bergamasco Thomas $164,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Alden P $140,000
Closed Johnson Alden P $140,000
Closed Johnson Aiden P $140,000
Closed Johnson Alden P $75,000
Closed Johnson Alden $183,200
Previous Owner Bergamasco Thomas $148,000
Source: Public Records

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 $7,621 $428,400 $175,000 $253,400
2023 $7,267 $385,300 $175,000 $210,300
2022 $7,441 $370,000 $175,000 $195,000
2021 $7,096 $336,300 $175,000 $161,300
2020 $7,055 $336,900 $175,000 $161,900
2019 $6,733 $331,000 $175,000 $156,000
2018 $6,729 $335,600 $175,000 $160,600
2017 $6,605 $332,100 $175,000 $157,100
2016 $6,553 $335,900 $175,000 $160,900
2015 $6,375 $332,700 $170,000 $162,700
2014 $6,533 $337,800 $175,000 $162,800
Source: Public Records

Map

New Jersey Somerset County Basking Ridge 07920

197 Locust Ln, Basking Ridge, NJ

Homes for Sale in Basking Ridge, NJ

This home is located at 197 Locust Ln, Basking Ridge, NJ 07920 and is currently estimated at $560,830, approximately $413 per square foot. 197 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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