198 Locust Ln Basking Ridge, NJ 07920
Estimated Value: $537,000 - $676,009
--
Bed
--
Bath
1,357
Sq Ft
$428/Sq Ft
Est. Value
About This Home
This home is located at 198 Locust Ln, Basking Ridge, NJ 07920 and is currently estimated at $580,752, approximately $427 per square foot. 198 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 22, 1994
Sold by
Cedar Development Corp
Bought by
Millman Maura
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
$80,000
Interest Rate
8.74%
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Millman Maura | $164,900 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Closed | Millman Maura | $80,000 |
Source: Public Records
Tax History Compared to Growth
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 | $7,280 | $486,500 | $175,000 | $311,500 |
2024 | $7,280 | $409,200 | $175,000 | $234,200 |
2023 | $7,346 | $389,500 | $175,000 | $214,500 |
2022 | $7,519 | $373,900 | $175,000 | $198,900 |
2021 | $6,536 | $339,500 | $175,000 | $164,500 |
2020 | $7,122 | $340,100 | $175,000 | $165,100 |
2019 | $6,832 | $335,900 | $175,000 | $160,900 |
2018 | $6,789 | $338,600 | $175,000 | $163,600 |
2017 | $6,633 | $333,500 | $175,000 | $158,500 |
2016 | $6,579 | $337,200 | $175,000 | $162,200 |
2015 | $6,401 | $334,100 | $170,000 | $164,100 |
2014 | $6,357 | $328,700 | $175,000 | $153,700 |
Source: Public Records
Map
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