197 Locust Ln Basking Ridge, NJ 07920
Estimated Value: $549,000 - $631,068
Studio
--
Bath
1,357
Sq Ft
$423/Sq Ft
Est. Value
About This Home
This home is located at 197 Locust Ln, Basking Ridge, NJ 07920 and is currently estimated at $574,017, approximately $423 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
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
Outstanding Balance
$65,781
Interest Rate
8.48%
Estimated Equity
$508,236
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%
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Home Values in the Area
Average Home Value in this Area
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 | $183,200 | |
| Previous Owner | Bergamasco Thomas | $148,000 |
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 | $7,621 | $511,700 | $175,000 | $336,700 |
| 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
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